IMMO CORNET: 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 CORNET
Largest movements
- Cash +€33,911
up €33,911 (+44.3%), from €76,475 to €110,386
mainly Net result for the year (+€60,836) and Other debts (+€29,842)
- Receivables within one year -€14,852
down €14,852 (-99.7%), from €14,893 to €41
- Tangible fixed assets -€8,924
down €8,924 (-2.7%), from €335,680 to €326,756
of which Land and buildings: -€18,980
- Other debts +€29,842
up €29,842 (+66.9%), from €44,620 to €74,461
- Reserves -€14,151
down €14,151 (-5.6%), from €250,813 to €236,662
of which Distributable reserves: -€14,151
- Debts after one year -€9,978
down €9,978 (-17.2%), from €57,878 to €47,901
- Tax, wage and social debts +€5,328
up €5,328 (+248%), from €2,145 to €7,472
- Gross operating margin +€8,460
up €8,460 (+6.5%), from €129,327 to €137,786
- Taxes +€2,118
up €2,118 (+8.2%), from €25,959 to €28,077
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 | €430,154 | €440,751 | +€10,597 | +2.5% |
| Fixed assets | 21/28 | €335,680 | €326,756 | -€8,924 | -2.7% |
| Tangible fixed assets | 22/27 | €335,680 | €326,756 | -€8,924 | -2.7% |
| Land and buildings | 22 | €314,854 | €295,874 | -€18,980 | -6.0% |
| Plant, machinery and equipment | 23 | €20,826 | €30,882 | +€10,056 | +48.3% |
| Current assets | 29/58 | €94,474 | €113,995 | +€19,521 | +20.7% |
| Amounts receivable within one year | 40/41 | €14,893 | €41 | -€14,852 | -99.7% |
| Other amounts receivable | 41 | €14,893 | €41 | -€14,852 | -99.7% |
| Cash at bank and in hand | 54/58 | €76,475 | €110,386 | +€33,911 | +44.3% |
| Deferred charges and accrued income | 490/1 | €3,106 | €3,568 | +€462 | +14.9% |
| Total equity and liabilities | 10/49 | €430,154 | €440,751 | +€10,597 | +2.5% |
| Equity | 10/15 | €312,813 | €298,662 | -€14,151 | -4.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €250,813 | €236,662 | -€14,151 | -5.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €244,613 | €230,462 | -€14,151 | -5.8% |
| Amounts payable | 17/49 | €117,341 | €142,089 | +€24,748 | +21.1% |
| Amounts payable after more than one year | 17 | €57,878 | €47,901 | -€9,978 | -17.2% |
| Financial debts | 170/4 | €57,878 | €47,901 | -€9,978 | -17.2% |
| Amounts payable within one year | 42/48 | €57,961 | €92,276 | +€34,314 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | €9,747 | €9,978 | +€231 | +2.4% |
| Trade debts | 44 | €1,450 | €364 | -€1,086 | -74.9% |
| Suppliers | 440/4 | €1,450 | €364 | -€1,086 | -74.9% |
| Taxes, remuneration and social security | 45 | €2,145 | €7,472 | +€5,328 | +248% |
| Taxes | 450/3 | €2,145 | €7,472 | +€5,328 | +248% |
| Other amounts payable | 47/48 | €44,620 | €74,461 | +€29,842 | +66.9% |
| Accrued charges and deferred income | 492/3 | €1,501 | €1,913 | +€411 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,549 | €23,450 | -€99 | -0.4% |
| Other operating charges | 640/8 | €22,387 | €23,496 | +€1,109 | +5.0% |
| Gross operating margin | 9900 | €129,327 | €137,786 | +€8,460 | +6.5% |
| Operating profit (loss) | 9901 | €83,391 | €90,840 | +€7,450 | +8.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,123 | €1,928 | -€195 | -9.2% |
| Recurring financial charges | 65 | €2,123 | €1,928 | -€195 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €81,268 | €88,912 | +€7,645 | +9.4% |
| Income taxes | 67/77 | €25,959 | €28,077 | +€2,118 | +8.2% |
| Profit (loss) for the period | 9904 | €55,309 | €60,836 | +€5,527 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,309 | €60,836 | +€5,527 | +10.0% |
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 15 October 2026 via checked.be.