IMMO CIBIK: 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 CIBIK
Largest movements
- Financial fixed assets +€2.4m
up €2.4m (+234.3%), from €1.0m to €3.5m
- Tangible fixed assets +€499,985
up €499,985 (+6.9%), from €7.3m to €7.8m
of which Land and buildings: +€524,042
- Other debts +€2.5m
up €2.5m (+170.8%), from €1.5m to €4.0m
- Profit (loss) carried forward +€253,779
up €253,779 (+12.1%), from €2.1m to €2.4m
- Gross operating margin -€49,099
down €49,099 (-5.5%), from €900,502 to €851,403
- Depreciation +€24,281
up €24,281 (+10.0%), from €241,859 to €266,140
- Financial charges +€15,451
up €15,451 (+14.6%), from €106,143 to €121,594
- Taxes -€11,466
down €11,466 (-11.5%), from €99,497 to €88,031
- Other operating charges +€9,899
up €9,899 (+8.3%), from €119,212 to €129,111
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.
Cash bridge derived
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 | €8,559,912 | €11,345,572 | +€2.8m | +32.5% |
| Fixed assets | 21/28 | €8,288,402 | €11,213,387 | +€2.9m | +35.3% |
| Tangible fixed assets | 22/27 | €7,253,402 | €7,753,387 | +€499,985 | +6.9% |
| Land and buildings | 22 | €7,099,023 | €7,623,064 | +€524,042 | +7.4% |
| Other tangible fixed assets | 26 | €154,380 | €130,322 | -€24,057 | -15.6% |
| Financial fixed assets | 28 | €1,035,000 | €3,460,000 | +€2.4m | +234.3% |
| Current assets | 29/58 | €271,510 | €132,185 | -€139,325 | -51.3% |
| Amounts receivable within one year | 40/41 | €88,288 | €34,740 | -€53,548 | -60.7% |
| Other amounts receivable | 41 | €88,288 | €34,740 | -€53,548 | -60.7% |
| Cash at bank and in hand | 54/58 | €171,662 | €82,394 | -€89,268 | -52.0% |
| Deferred charges and accrued income | 490/1 | €11,560 | €15,051 | +€3,491 | +30.2% |
| Total equity and liabilities | 10/49 | €8,559,912 | €11,345,572 | +€2.8m | +32.5% |
| Equity | 10/15 | €2,573,302 | €2,822,881 | +€249,579 | +9.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €210,000 | €210,000 | = | 0.0% |
| Distributable reserves | 133 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,098,602 | €2,352,381 | +€253,779 | +12.1% |
| Investment grants | 15 | €14,700 | €10,500 | -€4,200 | -28.6% |
| Provisions and deferred taxes | 16 | €4,900 | €3,500 | -€1,400 | -28.6% |
| Deferred taxes | 168 | €4,900 | €3,500 | -€1,400 | -28.6% |
| Amounts payable | 17/49 | €5,981,710 | €8,519,191 | +€2.5m | +42.4% |
| Amounts payable after more than one year | 17 | €3,870,582 | €3,870,297 | -€285 | 0.0% |
| Financial debts | 170/4 | €3,868,774 | €3,868,489 | -€285 | 0.0% |
| Other amounts payable | 178/9 | €1,808 | €1,808 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,111,128 | €4,648,894 | +€2.5m | +120.2% |
| Current portion of amounts payable after more than one year | 42 | €532,450 | €587,147 | +€54,697 | +10.3% |
| Trade debts | 44 | €16,303 | €18,187 | +€1,884 | +11.6% |
| Suppliers | 440/4 | €16,303 | €18,187 | +€1,884 | +11.6% |
| Taxes, remuneration and social security | 45 | €74,211 | €13,031 | -€61,180 | -82.4% |
| Taxes | 450/3 | €74,211 | €13,031 | -€61,180 | -82.4% |
| Other amounts payable | 47/48 | €1,488,164 | €4,030,529 | +€2.5m | +170.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241,859 | €266,140 | +€24,281 | +10.0% |
| Other operating charges | 640/8 | €119,212 | €129,111 | +€9,899 | +8.3% |
| Non-recurring operating charges | 66A | €60,314 | €0 | -€60,314 | -100.0% |
| Gross operating margin | 9900 | €900,502 | €851,403 | -€49,099 | -5.5% |
| Operating profit (loss) | 9901 | €479,118 | €456,152 | -€22,966 | -4.8% |
| Financial income | 75/76B | €2,497 | €5,852 | +€3,355 | +134.4% |
| Recurring financial income | 75 | €2,497 | €5,852 | +€3,355 | +134.4% |
| Financial charges | 65/66B | €106,143 | €121,594 | +€15,451 | +14.6% |
| Recurring financial charges | 65 | €106,143 | €121,594 | +€15,451 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €375,472 | €340,410 | -€35,062 | -9.3% |
| Transfer from deferred taxes | 780 | €0 | €1,400 | +€1,400 | |
| Income taxes | 67/77 | €99,497 | €88,031 | -€11,466 | -11.5% |
| Profit (loss) for the period | 9904 | €275,975 | €253,779 | -€22,196 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €275,975 | €253,779 | -€22,196 | -8.0% |
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 10 October 2026 via checked.be.