BK 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.
BK IMMO
Largest movements
- Tangible fixed assets +€49,598
up €49,598 (+10,098%), from €491 to €50,089
of which Land and buildings: +€50,089
- Formation expenses +€1,360
new in 2025: €1,360
- Other debts +€62,485
up €62,485 (+1,159%), from €5,390 to €67,875
- Profit (loss) carried forward -€10,046
down €10,046 (-120%), from -€8,386 to -€18,432
- Tax, wage and social debts -€1,507
no longer reported in 2025 (was €1,507)
- Gross operating margin -€7,337
down €7,337 (-392%), from -€1,872 to -€9,209
- Depreciation -€530
down €530 (-60.9%), from €870 to €340
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €993 | €51,449 | +€50,456 | +5,081% |
| Formation expenses | 20 | - | €1,360 | +€1,360 | |
| Fixed assets | 21/28 | €491 | €50,089 | +€49,598 | +10,098% |
| Tangible fixed assets | 22/27 | €491 | €50,089 | +€49,598 | +10,098% |
| Land and buildings | 22 | - | €50,089 | +€50,089 | |
| Furniture and vehicles | 24 | €491 | - | -€491 | |
| Current assets | 29/58 | €502 | - | -€502 | |
| Amounts receivable within one year | 40/41 | €500 | - | -€500 | |
| Other amounts receivable | 41 | €500 | - | -€500 | |
| Cash at bank and in hand | 54/58 | €2 | - | -€2 | |
| Total equity and liabilities | 10/49 | €993 | €51,449 | +€50,456 | +5,081% |
| Equity | 10/15 | -€6,386 | -€16,432 | -€10,046 | -157% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €2,000 | +€2,000 | |
| Other | 1109/19 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | -€8,386 | -€18,432 | -€10,046 | -120% |
| Amounts payable | 17/49 | €7,379 | €67,881 | +€60,502 | +820% |
| Amounts payable within one year | 42/48 | €7,379 | €67,881 | +€60,502 | +820% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €482 | - | -€482 | |
| Suppliers | 440/4 | €482 | - | -€482 | |
| Taxes, remuneration and social security | 45 | €1,507 | - | -€1,507 | |
| Taxes | 450/3 | €1,507 | - | -€1,507 | |
| Other amounts payable | 47/48 | €5,390 | €67,875 | +€62,485 | +1,159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €870 | €340 | -€530 | -60.9% |
| Gross operating margin | 9900 | -€1,872 | -€9,209 | -€7,337 | -392% |
| Operating profit (loss) | 9901 | -€2,742 | -€9,549 | -€6,807 | -248% |
| Financial charges | 65/66B | €47 | €6 | -€41 | -87.1% |
| Recurring financial charges | 65 | €47 | €6 | -€41 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,789 | -€9,555 | -€6,767 | -243% |
| Profit (loss) for the period | 9904 | -€2,789 | -€9,555 | -€6,767 | -243% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,789 | -€9,555 | -€6,767 | -243% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.