IMMO CORETTES: 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 CORETTES
Largest movements
- Current investments +€900,000
new in 2025: €900,000
- Cash +€54,088
up €54,088 (+197%), from €27,452 to €81,540
mainly Net result for the year (+€675,700) and Provisions (+€248,099)
- Tangible fixed assets -€20,392
down €20,392 (-13.0%), from €156,482 to €136,089
of which Land and buildings: -€104,767
- Deferred charges and accrued income +€15,532
up €15,532 (+7,109%), from €218 to €15,750
- Receivables within one year -€12,762
down €12,762 (-71.8%), from €17,762 to €5,000
- Reserves +€744,297
up €744,297 (+1,277%), from €58,293 to €802,590
of which Tax-exempt reserves: +€744,297
- Provisions +€248,099
new in 2025: €248,099
- Profit (loss) carried forward -€68,596
down €68,596, from €35,231 to -€33,366
- Other debts +€16,505
up €16,505 (+80.9%), from €20,396 to €36,900
- Debts after one year -€12,584
down €12,584 (-24.3%), from €51,845 to €39,261
- Gross operating margin +€911,403
up €911,403 (+4,270%), from €21,342 to €932,745
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 | €201,913 | €1,138,379 | +€936,466 | +464% |
| Fixed assets | 21/28 | €156,482 | €136,089 | -€20,392 | -13.0% |
| Tangible fixed assets | 22/27 | €156,482 | €136,089 | -€20,392 | -13.0% |
| Land and buildings | 22 | €104,767 | - | -€104,767 | |
| Other tangible fixed assets | 26 | €51,715 | €136,089 | +€84,374 | +163% |
| Current assets | 29/58 | €45,432 | €1,002,290 | +€956,858 | +2,106% |
| Amounts receivable within one year | 40/41 | €17,762 | €5,000 | -€12,762 | -71.8% |
| Other amounts receivable | 41 | €17,762 | €5,000 | -€12,762 | -71.8% |
| Current investments | 50/53 | - | €900,000 | +€900,000 | |
| Cash at bank and in hand | 54/58 | €27,452 | €81,540 | +€54,088 | +197% |
| Deferred charges and accrued income | 490/1 | €218 | €15,750 | +€15,532 | +7,109% |
| Total equity and liabilities | 10/49 | €201,913 | €1,138,379 | +€936,466 | +464% |
| Equity | 10/15 | €115,141 | €790,842 | +€675,700 | +587% |
| Contributions | 10/11 | €21,617 | €21,617 | = | 0.0% |
| Reserves | 13 | €58,293 | €802,590 | +€744,297 | +1,277% |
| Tax-exempt reserves | 132 | €13,405 | €757,702 | +€744,297 | +5,552% |
| Distributable reserves | 133 | €44,888 | €44,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,231 | -€33,366 | -€68,596 | |
| Provisions and deferred taxes | 16 | - | €248,099 | +€248,099 | |
| Deferred taxes | 168 | - | €248,099 | +€248,099 | |
| Amounts payable | 17/49 | €86,772 | €99,439 | +€12,666 | +14.6% |
| Amounts payable after more than one year | 17 | €51,845 | €39,261 | -€12,584 | -24.3% |
| Financial debts | 170/4 | €51,845 | €39,261 | -€12,584 | -24.3% |
| Amounts payable within one year | 42/48 | €33,328 | €58,135 | +€24,807 | +74.4% |
| Current portion of amounts payable after more than one year | 42 | €12,160 | €12,584 | +€423 | +3.5% |
| Financial debts | 43 | €564 | - | -€564 | |
| Credit institutions | 430/8 | €564 | - | -€564 | |
| Trade debts | 44 | €38 | €8,651 | +€8,613 | +22,803% |
| Suppliers | 440/4 | €38 | €8,651 | +€8,613 | +22,803% |
| Taxes, remuneration and social security | 45 | €170 | - | -€170 | |
| Taxes | 450/3 | €170 | - | -€170 | |
| Other amounts payable | 47/48 | €20,396 | €36,900 | +€16,505 | +80.9% |
| Accrued charges and deferred income | 492/3 | €1,600 | €2,043 | +€443 | +27.7% |
| Non-recurring operating income | 76A | - | €995,233 | +€995,233 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,665 | €3,136 | -€528 | -14.4% |
| Other operating charges | 640/8 | €519 | €1,689 | +€1,169 | +225% |
| Gross operating margin | 9900 | €21,342 | €932,745 | +€911,403 | +4,270% |
| Operating profit (loss) | 9901 | €17,158 | €927,920 | +€910,762 | +5,308% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,030 | €4,121 | +€2,091 | +103% |
| Recurring financial charges | 65 | €2,030 | €4,121 | +€2,091 | +103% |
| Profit (loss) for the period before taxes | 9903 | €15,128 | €923,799 | +€908,671 | +6,007% |
| Transfer from deferred taxes | 780 | - | €709 | +€709 | |
| Transfer to deferred taxes | 680 | - | €248,808 | +€248,808 | |
| Income taxes | 67/77 | €4,558 | €0 | -€4,558 | -100% |
| Profit (loss) for the period | 9904 | €10,570 | €675,700 | +€665,130 | +6,293% |
| Transfer from tax-exempt reserves | 789 | - | €2,128 | +€2,128 | |
| Transfer to tax-exempt reserves | 689 | - | €746,425 | +€746,425 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,570 | -€68,596 | -€79,167 |
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 1 November 2026 via checked.be.