IMMOBILIERE CREMER: 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.
IMMOBILIERE CREMER
Largest movements
- Receivables within one year +€918,824
up €918,824 (+12,131%), from €7,574 to €926,398
- Current investments -€648,205
down €648,205 (-86.1%), from €752,595 to €104,390
- Tangible fixed assets -€267,713
down €267,713 (-10.9%), from €2.5m to €2.2m
of which Land and buildings: -€267,713
- Cash -€122,157
down €122,157 (-42.4%), from €288,322 to €166,164
mainly Receivables within one year (-€918,824) and Contributions, distributions and other (-€918,370)
- Other debts +€837,724
up €837,724 (+598%), from €140,032 to €977,756
- Profit (loss) carried forward -€705,268
down €705,268 (-75.0%), from €940,241 to €234,973
- Reserves -€98,023
down €98,023 (-16.2%), from €603,859 to €505,836
of which Tax-exempt reserves: -€98,023
- Provisions -€86,073
down €86,073 (-35.7%), from €241,173 to €155,099
- Debts after one year -€71,688
down €71,688 (-5.3%), from €1.4m to €1.3m
of which Financial debts: -€71,688
- Gross operating margin +€40,897
up €40,897 (+6.5%), from €632,910 to €673,807
- Financial income -€18,014
down €18,014 (-68.2%), from €26,421 to €8,407
- Depreciation -€10,706
down €10,706 (-3.5%), from €302,493 to €291,787
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 | €3,505,028 | €3,385,776 | -€119,252 | -3.4% |
| Fixed assets | 21/28 | €2,456,537 | €2,188,824 | -€267,713 | -10.9% |
| Tangible fixed assets | 22/27 | €2,456,522 | €2,188,809 | -€267,713 | -10.9% |
| Land and buildings | 22 | €2,456,522 | €2,188,809 | -€267,713 | -10.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €1,048,491 | €1,196,952 | +€148,461 | +14.2% |
| Amounts receivable within one year | 40/41 | €7,574 | €926,398 | +€918,824 | +12,131% |
| Other amounts receivable | 41 | €7,574 | €926,398 | +€918,824 | +12,131% |
| Current investments | 50/53 | €752,595 | €104,390 | -€648,205 | -86.1% |
| Cash at bank and in hand | 54/58 | €288,322 | €166,164 | -€122,157 | -42.4% |
| Total equity and liabilities | 10/49 | €3,505,028 | €3,385,776 | -€119,252 | -3.4% |
| Equity | 10/15 | €1,653,386 | €850,095 | -€803,290 | -48.6% |
| Contributions | 10/11 | €109,286 | €109,286 | = | 0.0% |
| Capital | 10 | €109,286 | €109,286 | = | 0.0% |
| Issued capital | 100 | €109,286 | €109,286 | = | 0.0% |
| Reserves | 13 | €603,859 | €505,836 | -€98,023 | -16.2% |
| Non-distributable reserves | 130/1 | €40,539 | €40,539 | = | 0.0% |
| Legal reserve | 130 | €40,539 | €40,539 | = | 0.0% |
| Tax-exempt reserves | 132 | €563,320 | €465,297 | -€98,023 | -17.4% |
| Profit (loss) carried forward | 14 | €940,241 | €234,973 | -€705,268 | -75.0% |
| Provisions and deferred taxes | 16 | €241,173 | €155,099 | -€86,073 | -35.7% |
| Deferred taxes | 168 | €241,173 | €155,099 | -€86,073 | -35.7% |
| Amounts payable | 17/49 | €1,610,470 | €2,380,581 | +€770,111 | +47.8% |
| Amounts payable after more than one year | 17 | €1,361,536 | €1,289,847 | -€71,688 | -5.3% |
| Financial debts | 170/4 | €465,419 | €393,731 | -€71,688 | -15.4% |
| Other amounts payable | 178/9 | €896,116 | €896,116 | = | 0.0% |
| Amounts payable within one year | 42/48 | €232,059 | €1,069,346 | +€837,286 | +361% |
| Current portion of amounts payable after more than one year | 42 | €69,854 | €71,688 | +€1,834 | +2.6% |
| Trade debts | 44 | €7,843 | €6,575 | -€1,268 | -16.2% |
| Suppliers | 440/4 | €7,843 | €6,575 | -€1,268 | -16.2% |
| Taxes, remuneration and social security | 45 | €14,330 | €13,326 | -€1,004 | -7.0% |
| Taxes | 450/3 | €9,861 | €8,708 | -€1,154 | -11.7% |
| Remuneration and social security | 454/9 | €4,468 | €4,618 | +€150 | +3.4% |
| Other amounts payable | 47/48 | €140,032 | €977,756 | +€837,724 | +598% |
| Accrued charges and deferred income | 492/3 | €16,875 | €21,388 | +€4,513 | +26.7% |
| Non-recurring operating income | 76A | €2,245 | €200 | -€2,044 | -91.1% |
| Remuneration, social security and pensions | 62 | €72,463 | €78,289 | +€5,827 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302,493 | €291,787 | -€10,706 | -3.5% |
| Other operating charges | 640/8 | €51,030 | €52,629 | +€1,599 | +3.1% |
| Non-recurring operating charges | 66A | - | €30,711 | +€30,711 | |
| Gross operating margin | 9900 | €632,910 | €673,807 | +€40,897 | +6.5% |
| Operating profit (loss) | 9901 | €206,925 | €220,391 | +€13,465 | +6.5% |
| Financial income | 75/76B | €26,421 | €8,407 | -€18,014 | -68.2% |
| Recurring financial income | 75 | €26,421 | €8,407 | -€18,014 | -68.2% |
| Financial charges | 65/66B | €81,573 | €75,025 | -€6,548 | -8.0% |
| Recurring financial charges | 65 | €81,573 | €75,025 | -€6,548 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €151,774 | €153,773 | +€2,000 | +1.3% |
| Transfer from deferred taxes | 780 | €61,505 | €46,024 | -€15,481 | -25.2% |
| Income taxes | 67/77 | €84,476 | €84,717 | +€241 | +0.3% |
| Profit (loss) for the period | 9904 | €128,803 | €115,080 | -€13,723 | -10.7% |
| Transfer from tax-exempt reserves | 789 | €122,591 | €138,072 | +€15,481 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €251,394 | €253,152 | +€1,758 | +0.7% |
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 26 October 2026 via checked.be.