IMMO CONCORDE: 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 CONCORDE
Largest movements
- Tangible fixed assets +€517,200
up €517,200 (+49.3%), from €1.0m to €1.6m
of which Land and buildings: +€504,892
- Cash -€70,718
down €70,718 (-98.2%), from €72,044 to €1,326
mainly Investment in fixed assets (net) (-€590,320) and Net result for the year (-€77,819)
- Receivables within one year +€30,000
up €30,000, from €0 to €30,000
- Other debts +€554,158
up €554,158 (+95.4%), from €581,053 to €1.1m
- Profit (loss) carried forward -€77,819
down €77,819 (-19.1%), from -€408,153 to -€485,972
- Depreciation +€16,838
up €16,838 (+29.9%), from €56,282 to €73,120
- Financial charges +€2,817
up €2,817 (+93.2%), from €3,023 to €5,839
- Gross operating margin +€2,473
up €2,473 (+41.0%), from €6,031 to €8,504
- Other operating charges +€799
up €799 (+12.2%), from €6,565 to €7,363
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 | €1,120,288 | €1,597,012 | +€476,724 | +42.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,048,243 | €1,565,443 | +€517,200 | +49.3% |
| Tangible fixed assets | 22/27 | €1,048,243 | €1,565,443 | +€517,200 | +49.3% |
| Land and buildings | 22 | €1,048,243 | €1,553,136 | +€504,892 | +48.2% |
| Furniture and vehicles | 24 | €0 | €12,308 | +€12,308 | |
| Current assets | 29/58 | €72,044 | €31,569 | -€40,476 | -56.2% |
| Amounts receivable within one year | 40/41 | €0 | €30,000 | +€30,000 | |
| Trade receivables | 40 | €0 | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €72,044 | €1,326 | -€70,718 | -98.2% |
| Deferred charges and accrued income | 490/1 | €0 | €243 | +€243 | |
| Total equity and liabilities | 10/49 | €1,120,288 | €1,597,012 | +€476,724 | +42.6% |
| Equity | 10/15 | €534,063 | €456,244 | -€77,819 | -14.6% |
| Contributions | 10/11 | €941,995 | €941,995 | = | 0.0% |
| Capital | 10 | €941,995 | €941,995 | = | 0.0% |
| Issued capital | 100 | €941,995 | €941,995 | = | 0.0% |
| Reserves | 13 | €220 | €220 | = | 0.0% |
| Tax-exempt reserves | 132 | €220 | €220 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€408,153 | -€485,972 | -€77,819 | -19.1% |
| Amounts payable | 17/49 | €586,225 | €1,140,768 | +€554,543 | +94.6% |
| Amounts payable within one year | 42/48 | €586,225 | €1,140,768 | +€554,543 | +94.6% |
| Trade debts | 44 | €5,172 | €5,557 | +€385 | +7.4% |
| Suppliers | 440/4 | €5,172 | €5,557 | +€385 | +7.4% |
| Other amounts payable | 47/48 | €581,053 | €1,135,211 | +€554,158 | +95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,282 | €73,120 | +€16,838 | +29.9% |
| Other operating charges | 640/8 | €6,565 | €7,363 | +€799 | +12.2% |
| Gross operating margin | 9900 | €6,031 | €8,504 | +€2,473 | +41.0% |
| Operating profit (loss) | 9901 | -€56,816 | -€71,980 | -€15,164 | -26.7% |
| Financial charges | 65/66B | €3,023 | €5,839 | +€2,817 | +93.2% |
| Recurring financial charges | 65 | €3,023 | €5,839 | +€2,817 | +93.2% |
| Profit (loss) for the period before taxes | 9903 | -€59,838 | -€77,819 | -€17,981 | -30.0% |
| Profit (loss) for the period | 9904 | -€59,838 | -€77,819 | -€17,981 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,838 | -€77,819 | -€17,981 | -30.0% |
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.