IMMO - CHELSEA: what changed
IMMO - CHELSEA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Accrued charges and deferred income +€19,880
up €19,880 (+3,918%), from €507 to €20,387
- Trade debts -€19,232
down €19,232 (-91.5%), from €21,012 to €1,780
- Other debts +€9,600
up €9,600 (+100%), from €9,600 to €19,200
- Profit (loss) carried forward -€8,342
down €8,342 (-68.7%), from -€12,134 to -€20,476
- Financial income +€1,297
up €1,297 (+34.3%), from €3,776 to €5,073
- Gross operating margin -€269
down €269 (-2.1%), from -€13,128 to -€13,397
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €709,910 | €711,252 | +€1,342 | +0.2% |
| Current assets | 29/58 | €709,910 | €711,252 | +€1,342 | +0.2% |
| Amounts receivable within one year | 40/41 | €507,299 | €512,372 | +€5,073 | +1.0% |
| Other amounts receivable | 41 | €507,299 | €512,372 | +€5,073 | +1.0% |
| Cash at bank and in hand | 54/58 | €202,611 | €198,880 | -€3,731 | -1.8% |
| Total equity and liabilities | 10/49 | €709,910 | €711,252 | +€1,342 | +0.2% |
| Equity | 10/15 | €520,062 | €511,156 | -€8,906 | -1.7% |
| Contributions | 10/11 | €5,644 | €5,644 | = | 0.0% |
| Contributions outside capital | 11 | €5,644 | €5,644 | = | 0.0% |
| Other | 1109/19 | €5,644 | €5,644 | = | 0.0% |
| Reserves | 13 | €526,553 | €525,989 | -€564 | -0.1% |
| Tax-exempt reserves | 132 | €476,186 | €476,186 | = | 0.0% |
| Distributable reserves | 133 | €50,367 | €49,802 | -€564 | -1.1% |
| Profit (loss) carried forward | 14 | -€12,134 | -€20,476 | -€8,342 | -68.7% |
| Provisions and deferred taxes | 16 | €158,729 | €158,729 | = | 0.0% |
| Deferred taxes | 168 | €158,729 | €158,729 | = | 0.0% |
| Amounts payable | 17/49 | €31,119 | €41,367 | +€10,248 | +32.9% |
| Amounts payable within one year | 42/48 | €30,612 | €20,980 | -€9,632 | -31.5% |
| Trade debts | 44 | €21,012 | €1,780 | -€19,232 | -91.5% |
| Suppliers | 440/4 | €21,012 | €1,780 | -€19,232 | -91.5% |
| Other amounts payable | 47/48 | €9,600 | €19,200 | +€9,600 | +100% |
| Accrued charges and deferred income | 492/3 | €507 | €20,387 | +€19,880 | +3,918% |
| Other operating charges | 640/8 | €507 | €520 | +€12 | +2.4% |
| Gross operating margin | 9900 | -€13,128 | -€13,397 | -€269 | -2.1% |
| Operating profit (loss) | 9901 | -€13,635 | -€13,916 | -€282 | -2.1% |
| Financial income | 75/76B | €3,776 | €5,073 | +€1,297 | +34.3% |
| Recurring financial income | 75 | €3,776 | €5,073 | +€1,297 | +34.3% |
| Financial charges | 65/66B | €77 | €63 | -€15 | -18.8% |
| Recurring financial charges | 65 | €77 | €63 | -€15 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,936 | -€8,906 | +€1,030 | +10.4% |
| Profit (loss) for the period | 9904 | -€9,936 | -€8,906 | +€1,030 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,936 | -€8,906 | +€1,030 | +10.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.