IMMO CONINCK: 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 CONINCK
Largest movements
- Tangible fixed assets +€170,547
up €170,547 (+112%), from €151,791 to €322,338
- Receivables within one year -€4,335
no longer reported in 2025 (was €4,335)
of which Trade receivables: -€3,933
- Revaluation surpluses +€178,697
new in 2025: €178,697
- Debts after one year -€14,722
down €14,722 (-11.2%), from €131,037 to €116,315
- Reserves +€10,512
new in 2025: €10,512
- Profit (loss) carried forward -€5,303
down €5,303 (-9.6%), from -€55,309 to -€60,612
- Trade debts -€3,529
down €3,529 (-49.9%), from €7,074 to €3,545
- Depreciation +€10,512
up €10,512 (+129%), from €8,150 to €18,662
- Gross operating margin +€4,610
up €4,610 (+26.5%), from €17,376 to €21,986
- Financial charges -€950
down €950 (-11.8%), from €8,042 to €7,092
- Other operating charges +€410
up €410 (+36.4%), from €1,126 to €1,536
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 | €157,870 | €322,473 | +€164,603 | +104% |
| Fixed assets | 21/28 | €151,791 | €322,338 | +€170,547 | +112% |
| Tangible fixed assets | 22/27 | €151,791 | €322,338 | +€170,547 | +112% |
| Land and buildings | 22 | €151,791 | €322,338 | +€170,547 | +112% |
| Current assets | 29/58 | €6,079 | €134 | -€5,945 | -97.8% |
| Amounts receivable within one year | 40/41 | €4,335 | - | -€4,335 | |
| Trade receivables | 40 | €3,933 | - | -€3,933 | |
| Other amounts receivable | 41 | €402 | - | -€402 | |
| Cash at bank and in hand | 54/58 | €1,744 | €38 | -€1,706 | -97.8% |
| Deferred charges and accrued income | 490/1 | - | €97 | +€97 | |
| Total equity and liabilities | 10/49 | €157,870 | €322,473 | +€164,603 | +104% |
| Equity | 10/15 | -€49,112 | €134,794 | +€183,906 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Revaluation surpluses | 12 | - | €178,697 | +€178,697 | |
| Reserves | 13 | - | €10,512 | +€10,512 | |
| Distributable reserves | 133 | - | €10,512 | +€10,512 | |
| Profit (loss) carried forward | 14 | -€55,309 | -€60,612 | -€5,303 | -9.6% |
| Amounts payable | 17/49 | €206,982 | €187,679 | -€19,303 | -9.3% |
| Amounts payable after more than one year | 17 | €131,037 | €116,315 | -€14,722 | -11.2% |
| Financial debts | 170/4 | €131,037 | €116,315 | -€14,722 | -11.2% |
| Amounts payable within one year | 42/48 | €72,590 | €70,885 | -€1,706 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €14,096 | €15,920 | +€1,824 | +12.9% |
| Trade debts | 44 | €7,074 | €3,545 | -€3,529 | -49.9% |
| Suppliers | 440/4 | €7,074 | €3,545 | -€3,529 | -49.9% |
| Other amounts payable | 47/48 | €51,420 | €51,420 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,355 | €479 | -€2,876 | -85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,150 | €18,662 | +€10,512 | +129% |
| Other operating charges | 640/8 | €1,126 | €1,536 | +€410 | +36.4% |
| Gross operating margin | 9900 | €17,376 | €21,986 | +€4,610 | +26.5% |
| Operating profit (loss) | 9901 | €8,100 | €1,789 | -€6,311 | -77.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €8,042 | €7,092 | -€950 | -11.8% |
| Recurring financial charges | 65 | €8,042 | €7,092 | -€950 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €58 | -€5,303 | -€5,361 | |
| Profit (loss) for the period | 9904 | €58 | -€5,303 | -€5,361 | |
| Profit (loss) for the period to be appropriated | 9905 | €58 | -€5,303 | -€5,361 |
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 22 October 2026 via checked.be.