IMMO - COGEST: 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 - COGEST
Largest movements
- Cash -€3,774
down €3,774 (-60.1%), from €6,280 to €2,506
mainly Net result for the year (-€4,907)
- Profit (loss) carried forward -€4,907
down €4,907 (-39.6%), from -€12,393 to -€17,300
- Gross operating margin +€4,152
up €4,152 (+46.6%), from -€8,905 to -€4,753
- Depreciation -€644
no longer reported in 2025 (was €644)
- Other operating charges -€520
no longer reported in 2025 (was €520)
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 | €124,781 | €119,875 | -€4,907 | -3.9% |
| Fixed assets | 21/28 | €704 | €704 | = | 0.0% |
| Tangible fixed assets | 22/27 | €704 | €704 | = | 0.0% |
| Plant, machinery and equipment | 23 | €704 | €704 | = | 0.0% |
| Current assets | 29/58 | €124,078 | €119,171 | -€4,907 | -4.0% |
| Amounts receivable within one year | 40/41 | €116,809 | €116,665 | -€144 | -0.1% |
| Other amounts receivable | 41 | €116,809 | €116,665 | -€144 | -0.1% |
| Cash at bank and in hand | 54/58 | €6,280 | €2,506 | -€3,774 | -60.1% |
| Deferred charges and accrued income | 490/1 | €989 | - | -€989 | |
| Total equity and liabilities | 10/49 | €124,781 | €119,875 | -€4,907 | -3.9% |
| Equity | 10/15 | €8,067 | €3,160 | -€4,907 | -60.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,393 | -€17,300 | -€4,907 | -39.6% |
| Amounts payable | 17/49 | €116,714 | €116,714 | = | 0.0% |
| Amounts payable within one year | 42/48 | €116,714 | €116,714 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €35,014 | €35,014 | = | 0.0% |
| Taxes | 450/3 | €35,014 | €35,014 | = | 0.0% |
| Other amounts payable | 47/48 | €81,700 | €81,700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €644 | - | -€644 | |
| Other operating charges | 640/8 | €520 | - | -€520 | |
| Gross operating margin | 9900 | -€8,905 | -€4,753 | +€4,152 | +46.6% |
| Operating profit (loss) | 9901 | -€10,069 | -€4,753 | +€5,316 | +52.8% |
| Financial charges | 65/66B | €155 | €154 | -€2 | -1.0% |
| Recurring financial charges | 65 | €155 | €154 | -€2 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,225 | -€4,907 | +€5,318 | +52.0% |
| Profit (loss) for the period | 9904 | -€10,225 | -€4,907 | +€5,318 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,225 | -€4,907 | +€5,318 | +52.0% |
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 17 October 2026 via checked.be.