CMO-IMMO: 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.
CMO-IMMO
Largest movements
- Tangible fixed assets -€51,332
down €51,332 (-3.9%), from €1.3m to €1.3m
of which Land and buildings: -€50,086
- Cash +€44,497
up €44,497 (+545%), from €8,172 to €52,669
mainly Depreciation (+€51,332) and Other debts (+€29,040)
- Debts after one year -€32,545
down €32,545 (-5.1%), from €633,492 to €600,947
- Other debts +€29,040
up €29,040 (+7.3%), from €399,871 to €428,911
- Turnover +€86,687
new in 2025: €86,687
- Purchases and services +€24,237
new in 2025: €24,237
- Gross operating margin +€6,279
up €6,279 (+11.0%), from €57,192 to €63,471
- Financial charges -€1,017
down €1,017 (-4.3%), from €23,469 to €22,452
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 | €1,322,751 | €1,312,821 | -€9,931 | -0.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,311,239 | €1,259,907 | -€51,332 | -3.9% |
| Tangible fixed assets | 22/27 | €1,311,239 | €1,259,907 | -€51,332 | -3.9% |
| Land and buildings | 22 | €1,308,746 | €1,258,660 | -€50,086 | -3.8% |
| Plant, machinery and equipment | 23 | €2,493 | €1,246 | -€1,246 | -50.0% |
| Current assets | 29/58 | €11,512 | €52,914 | +€41,401 | +360% |
| Cash at bank and in hand | 54/58 | €8,172 | €52,669 | +€44,497 | +545% |
| Deferred charges and accrued income | 490/1 | €3,340 | €245 | -€3,096 | -92.7% |
| Total equity and liabilities | 10/49 | €1,322,751 | €1,312,821 | -€9,931 | -0.8% |
| Equity | 10/15 | €254,701 | €243,389 | -€11,312 | -4.4% |
| Contributions | 10/11 | €270,000 | €270,000 | = | 0.0% |
| Capital | 10 | €270,000 | - | -€270,000 | |
| Issued capital | 100 | €270,000 | - | -€270,000 | |
| Reserves | 13 | €15,850 | €15,850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €450 | €15,850 | +€15,400 | +3,422% |
| Legal reserve | 130 | €450 | - | -€450 | |
| Reserves not available under the articles | 1311 | - | €15,850 | +€15,850 | |
| Distributable reserves | 133 | €15,400 | - | -€15,400 | |
| Profit (loss) carried forward | 14 | -€31,149 | -€42,461 | -€11,312 | -36.3% |
| Amounts payable | 17/49 | €1,068,050 | €1,069,431 | +€1,381 | +0.1% |
| Amounts payable after more than one year | 17 | €633,492 | €600,947 | -€32,545 | -5.1% |
| Financial debts | 170/4 | €633,492 | €600,947 | -€32,545 | -5.1% |
| Amounts payable within one year | 42/48 | €434,559 | €462,934 | +€28,375 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €31,557 | €32,545 | +€987 | +3.1% |
| Trade debts | 44 | €3,131 | €1,479 | -€1,652 | -52.8% |
| Suppliers | 440/4 | €3,131 | €1,479 | -€1,652 | -52.8% |
| Other amounts payable | 47/48 | €399,871 | €428,911 | +€29,040 | +7.3% |
| Accrued charges and deferred income | 492/3 | - | €5,550 | +€5,550 | |
| Turnover | 70 | - | €86,687 | +€86,687 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €24,237 | +€24,237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,332 | €51,332 | = | 0.0% |
| Other operating charges | 640/8 | €987 | €998 | +€12 | +1.2% |
| Gross operating margin | 9900 | €57,192 | €63,471 | +€6,279 | +11.0% |
| Operating profit (loss) | 9901 | €4,873 | €11,141 | +€6,267 | +129% |
| Financial charges | 65/66B | €23,469 | €22,452 | -€1,017 | -4.3% |
| Recurring financial charges | 65 | €23,469 | €22,452 | -€1,017 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,596 | -€11,312 | +€7,284 | +39.2% |
| Profit (loss) for the period | 9904 | -€18,596 | -€11,312 | +€7,284 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,596 | -€11,312 | +€7,284 | +39.2% |
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 24 October 2026 via checked.be.