Immo Colson: what changed
Two fiscal 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 Colson
Largest movements
- Tangible fixed assets -€42,580
down €42,580 (-4.5%), from €943,926 to €901,346
of which Land and buildings: -€53,508
- Cash -€33,780
down €33,780 (-60.9%), from €55,473 to €21,693
mainly Debts after one year (-€38,248) and Investment in fixed assets (net) (-€29,675)
- Debts after one year -€38,248
down €38,248 (-30.7%), from €124,508 to €86,260
of which Financial debts: -€38,248
- Reserves -€21,285
down €21,285 (-8.4%), from €252,413 to €231,128
of which Tax-exempt reserves: -€21,285
- Gross operating margin -€11,848
down €11,848 (-14.3%), from €82,797 to €70,949
- Depreciation +€3,417
up €3,417 (+5.0%), from €68,838 to €72,255
- Financial charges -€1,337
down €1,337 (-23.4%), from €5,701 to €4,364
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 | €1,087,117 | €1,020,269 | -€66,848 | -6.1% |
| Fixed assets | 21/28 | €943,926 | €901,346 | -€42,580 | -4.5% |
| Tangible fixed assets | 22/27 | €943,926 | €901,346 | -€42,580 | -4.5% |
| Land and buildings | 22 | €887,302 | €833,794 | -€53,508 | -6.0% |
| Plant, machinery and equipment | 23 | €18,730 | €38,930 | +€20,200 | +107.9% |
| Furniture and vehicles | 24 | €37,894 | €28,622 | -€9,273 | -24.5% |
| Current assets | 29/58 | €143,191 | €118,923 | -€24,268 | -16.9% |
| Amounts receivable within one year | 40/41 | €87,718 | €97,230 | +€9,513 | +10.8% |
| Trade receivables | 40 | €546 | €546 | = | 0.0% |
| Other amounts receivable | 41 | €87,171 | €96,684 | +€9,513 | +10.9% |
| Cash at bank and in hand | 54/58 | €55,473 | €21,693 | -€33,780 | -60.9% |
| Total equity and liabilities | 10/49 | €1,087,117 | €1,020,269 | -€66,848 | -6.1% |
| Equity | 10/15 | €818,150 | €802,674 | -€15,476 | -1.9% |
| Contributions | 10/11 | €594,944 | €594,944 | = | 0.0% |
| Capital | 10 | €594,944 | €594,944 | = | 0.0% |
| Issued capital | 100 | €594,944 | €594,944 | = | 0.0% |
| Reserves | 13 | €252,413 | €231,128 | -€21,285 | -8.4% |
| Non-distributable reserves | 130/1 | €13,015 | €13,015 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,015 | €13,015 | = | 0.0% |
| Tax-exempt reserves | 132 | €230,477 | €209,191 | -€21,285 | -9.2% |
| Distributable reserves | 133 | €8,921 | €8,921 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,207 | -€23,398 | +€5,809 | +19.9% |
| Provisions and deferred taxes | 16 | €96,812 | €87,871 | -€8,941 | -9.2% |
| Deferred taxes | 168 | €96,812 | €87,871 | -€8,941 | -9.2% |
| Amounts payable | 17/49 | €172,155 | €129,724 | -€42,431 | -24.6% |
| Amounts payable after more than one year | 17 | €124,508 | €86,260 | -€38,248 | -30.7% |
| Financial debts | 170/4 | €91,525 | €53,277 | -€38,248 | -41.8% |
| Other amounts payable | 178/9 | €32,983 | €32,983 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,647 | €43,464 | -€4,183 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €36,842 | €38,248 | +€1,406 | +3.8% |
| Trade debts | 44 | €10,230 | €2,045 | -€8,185 | -80.0% |
| Suppliers | 440/4 | €10,230 | €2,045 | -€8,185 | -80.0% |
| Other amounts payable | 47/48 | €575 | €3,171 | +€2,596 | +451.5% |
| Remuneration, social security and pensions | 62 | €4 | €820 | +€816 | +23059.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,838 | €72,255 | +€3,417 | +5.0% |
| Other operating charges | 640/8 | €21,051 | €20,978 | -€73 | -0.3% |
| Gross operating margin | 9900 | €82,797 | €70,949 | -€11,848 | -14.3% |
| Operating profit (loss) | 9901 | -€7,095 | -€23,104 | -€16,008 | -225.6% |
| Financial income | 75/76B | €2,431 | €3,051 | +€620 | +25.5% |
| Recurring financial income | 75 | €2,431 | €3,051 | +€620 | +25.5% |
| Financial charges | 65/66B | €5,701 | €4,364 | -€1,337 | -23.4% |
| Recurring financial charges | 65 | €5,701 | €4,364 | -€1,337 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,365 | -€24,417 | -€14,052 | -135.6% |
| Transfer from deferred taxes | 780 | €8,941 | €8,941 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€1,424 | -€15,476 | -€14,052 | -986.6% |
| Transfer from tax-exempt reserves | 789 | €21,285 | €21,285 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,861 | €5,809 | -€14,052 | -70.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.