IMMO CSC: 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 CSC
Largest movements
- Tangible fixed assets -€30,229
down €30,229 (-28.4%), from €106,603 to €76,374
of which Land and buildings: -€25,384
- Other debts -€77,585
down €77,585 (-19.0%), from €408,136 to €330,551
- Profit (loss) carried forward +€52,208
up €52,208 (+33.5%), from -€155,805 to -€103,597
- Trade debts -€5,152
down €5,152 (-82.7%), from €6,226 to €1,074
- Depreciation -€28,553
down €28,553 (-43.5%), from €65,595 to €37,042
- Gross operating margin +€5,637
up €5,637 (+5.5%), from €103,427 to €109,064
- Financial charges -€4,285
down €4,285 (-96.1%), from €4,458 to €173
- Other operating charges +€1,741
up €1,741 (+9.7%), from €17,960 to €19,701
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 | €265,076 | €234,228 | -€30,848 | -11.6% |
| Fixed assets | 21/28 | €246,603 | €216,374 | -€30,229 | -12.3% |
| Tangible fixed assets | 22/27 | €106,603 | €76,374 | -€30,229 | -28.4% |
| Land and buildings | 22 | €53,168 | €27,784 | -€25,384 | -47.7% |
| Plant, machinery and equipment | 23 | €53,435 | €48,590 | -€4,845 | -9.1% |
| Financial fixed assets | 28 | €140,000 | €140,000 | = | 0.0% |
| Current assets | 29/58 | €18,473 | €17,854 | -€619 | -3.4% |
| Amounts receivable within one year | 40/41 | €12,783 | €14,631 | +€1,848 | +14.5% |
| Trade receivables | 40 | €6,005 | €7,841 | +€1,836 | +30.6% |
| Other amounts receivable | 41 | €6,778 | €6,790 | +€12 | +0.2% |
| Cash at bank and in hand | 54/58 | €5,083 | €3,223 | -€1,860 | -36.6% |
| Deferred charges and accrued income | 490/1 | €607 | - | -€607 | |
| Total equity and liabilities | 10/49 | €265,076 | €234,228 | -€30,848 | -11.6% |
| Equity | 10/15 | -€149,605 | -€97,397 | +€52,208 | +34.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,805 | -€103,597 | +€52,208 | +33.5% |
| Amounts payable | 17/49 | €414,681 | €331,625 | -€83,056 | -20.0% |
| Amounts payable within one year | 42/48 | €414,362 | €331,625 | -€82,737 | -20.0% |
| Trade debts | 44 | €6,226 | €1,074 | -€5,152 | -82.7% |
| Suppliers | 440/4 | €6,226 | €1,074 | -€5,152 | -82.7% |
| Other amounts payable | 47/48 | €408,136 | €330,551 | -€77,585 | -19.0% |
| Accrued charges and deferred income | 492/3 | €319 | - | -€319 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,595 | €37,042 | -€28,553 | -43.5% |
| Other operating charges | 640/8 | €17,960 | €19,701 | +€1,741 | +9.7% |
| Gross operating margin | 9900 | €103,427 | €109,064 | +€5,637 | +5.5% |
| Operating profit (loss) | 9901 | €19,872 | €52,321 | +€32,449 | +163.3% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €4,458 | €173 | -€4,285 | -96.1% |
| Recurring financial charges | 65 | €4,458 | €173 | -€4,285 | -96.1% |
| Profit (loss) for the period before taxes | 9903 | €15,414 | €52,208 | +€36,794 | +238.7% |
| Profit (loss) for the period | 9904 | €15,414 | €52,208 | +€36,794 | +238.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,414 | €52,208 | +€36,794 | +238.7% |
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.