IMMO CHRISTALE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO CHRISTALE
Largest movements
- Cash +€114,215
up €114,215 (+1,286%), from €8,880 to €123,095
mainly Net result for the year (+€416,838) and Depreciation (+€52,562)
- Tangible fixed assets -€18,120
down €18,120 (-4.0%), from €449,433 to €431,313
of which Land and buildings: -€24,937
- Profit (loss) carried forward +€416,838
up €416,838, from -€113,005 to €303,832
- Other debts -€302,478
down €302,478 (-97.8%), from €309,319 to €6,841
- Debts after one year -€22,941
down €22,941 (-26.8%), from €85,534 to €62,593
- Gross operating margin +€598,749
up €598,749, from -€2,653 to €596,096
- Taxes +€99,711
up €99,711 (+34,330%), from €290 to €100,001
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,023 | €559,454 | +€93,431 | +20.0% |
| Fixed assets | 21/28 | €449,433 | €431,313 | -€18,120 | -4.0% |
| Tangible fixed assets | 22/27 | €449,433 | €431,313 | -€18,120 | -4.0% |
| Land and buildings | 22 | €303,224 | €278,287 | -€24,937 | -8.2% |
| Plant, machinery and equipment | 23 | €120,903 | €138,299 | +€17,396 | +14.4% |
| Furniture and vehicles | 24 | €25,307 | €14,727 | -€10,579 | -41.8% |
| Current assets | 29/58 | €16,590 | €128,141 | +€111,551 | +672% |
| Amounts receivable within one year | 40/41 | €7,710 | €5,046 | -€2,664 | -34.6% |
| Trade receivables | 40 | - | €5,046 | +€5,046 | |
| Other amounts receivable | 41 | €7,710 | - | -€7,710 | |
| Cash at bank and in hand | 54/58 | €8,880 | €123,095 | +€114,215 | +1,286% |
| Total equity and liabilities | 10/49 | €466,023 | €559,454 | +€93,431 | +20.0% |
| Equity | 10/15 | €45,166 | €462,004 | +€416,838 | +923% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €96,198 | €96,198 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,198 | €6,198 | = | 0.0% |
| Legal reserve | 130 | €6,198 | €6,198 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,005 | €303,832 | +€416,838 | |
| Amounts payable | 17/49 | €420,857 | €97,451 | -€323,406 | -76.8% |
| Amounts payable after more than one year | 17 | €85,534 | €62,593 | -€22,941 | -26.8% |
| Financial debts | 170/4 | €85,534 | €62,593 | -€22,941 | -26.8% |
| Amounts payable within one year | 42/48 | €335,322 | €34,857 | -€300,465 | -89.6% |
| Current portion of amounts payable after more than one year | 42 | €22,657 | €22,941 | +€284 | +1.3% |
| Trade debts | 44 | €2,665 | €2,532 | -€133 | -5.0% |
| Suppliers | 440/4 | €2,665 | €2,532 | -€133 | -5.0% |
| Taxes, remuneration and social security | 45 | €681 | €2,543 | +€1,863 | +274% |
| Taxes | 450/3 | €681 | €2,543 | +€1,863 | +274% |
| Other amounts payable | 47/48 | €309,319 | €6,841 | -€302,478 | -97.8% |
| Remuneration, social security and pensions | 62 | €1,649 | €4,180 | +€2,531 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,780 | €52,562 | +€1,782 | +3.5% |
| Other operating charges | 640/8 | €8,180 | €8,689 | +€508 | +6.2% |
| Non-recurring operating charges | 66A | - | €12,152 | +€12,152 | |
| Gross operating margin | 9900 | -€2,653 | €596,096 | +€598,749 | |
| Operating profit (loss) | 9901 | -€63,263 | €518,512 | +€581,775 | |
| Financial income | 75/76B | €37 | €137 | +€100 | +272% |
| Recurring financial income | 75 | €37 | €137 | +€100 | +272% |
| Financial charges | 65/66B | €1,673 | €1,811 | +€138 | +8.2% |
| Recurring financial charges | 65 | €1,673 | €1,811 | +€138 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€64,899 | €516,839 | +€581,737 | |
| Income taxes | 67/77 | €290 | €100,001 | +€99,711 | +34,330% |
| Profit (loss) for the period | 9904 | -€65,189 | €416,838 | +€482,027 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,189 | €416,838 | +€482,027 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.