De Kok 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.
De Kok Immo
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+437%), from €257,980 to €1.4m
of which Other amounts receivable: +€925,853
- Stocks and contracts -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Tangible fixed assets -€229,666
down €229,666 (-36.6%), from €627,187 to €397,521
- Cash +€63,412
up €63,412 (+39.2%), from €161,624 to €225,035
mainly Stocks and contracts (+€1.0m) and Net result for the year (+€241,102)
- Reserves +€241,102
up €241,102 (+29.9%), from €805,611 to €1.0m
- Other debts -€104,761
down €104,761 (-23.0%), from €455,464 to €350,704
- Current portion of long-term debt -€89,241
down €89,241 (-31.1%), from €286,668 to €197,427
- Tax, wage and social debts -€80,434
down €80,434 (-100%), from €80,434 to €0
of which Taxes: -€69,304
- Debts after one year -€58,950
down €58,950 (-27.7%), from €212,607 to €153,657
- Gross operating margin +€180,455
up €180,455 (+67.4%), from €267,581 to €448,036
- Taxes +€68,700
up €68,700 (+677%), from €10,143 to €78,842
- Depreciation -€64,275
down €64,275 (-45.4%), from €141,567 to €77,292
- Financial charges -€20,789
down €20,789 (-32.1%), from €64,836 to €44,047
- Other operating charges -€6,878
down €6,878 (-38.7%), from €17,783 to €10,905
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,084,388 | €2,009,102 | -€75,286 | -3.6% |
| Fixed assets | 21/28 | €627,256 | €397,521 | -€229,735 | -36.6% |
| Intangible fixed assets | 21 | €69 | €0 | -€69 | -100% |
| Tangible fixed assets | 22/27 | €627,187 | €397,521 | -€229,666 | -36.6% |
| Land and buildings | 22 | €267,248 | €238,709 | -€28,540 | -10.7% |
| Plant, machinery and equipment | 23 | €181,396 | €82,300 | -€99,096 | -54.6% |
| Furniture and vehicles | 24 | €81,547 | €76,513 | -€5,035 | -6.2% |
| Leasing and similar rights | 25 | €96,996 | €0 | -€96,996 | -100% |
| Current assets | 29/58 | €1,457,132 | €1,611,581 | +€154,449 | +10.6% |
| Stocks and contracts in progress | 3 | €1,037,528 | €0 | -€1.0m | -100% |
| Stocks | 30/36 | €1,037,528 | €0 | -€1.0m | -100% |
| Amounts receivable within one year | 40/41 | €257,980 | €1,386,545 | +€1.1m | +437% |
| Trade receivables | 40 | €67,646 | €270,358 | +€202,712 | +300% |
| Other amounts receivable | 41 | €190,334 | €1,116,187 | +€925,853 | +486% |
| Cash at bank and in hand | 54/58 | €161,624 | €225,035 | +€63,412 | +39.2% |
| Total equity and liabilities | 10/49 | €2,084,388 | €2,009,102 | -€75,286 | -3.6% |
| Equity | 10/15 | €1,027,353 | €1,268,455 | +€241,102 | +23.5% |
| Contributions | 10/11 | €221,742 | €221,742 | = | 0.0% |
| Reserves | 13 | €805,611 | €1,046,713 | +€241,102 | +29.9% |
| Distributable reserves | 133 | €805,611 | €1,046,713 | +€241,102 | +29.9% |
| Amounts payable | 17/49 | €1,057,034 | €740,647 | -€316,388 | -29.9% |
| Amounts payable after more than one year | 17 | €212,607 | €153,657 | -€58,950 | -27.7% |
| Financial debts | 170/4 | €212,607 | €153,657 | -€58,950 | -27.7% |
| Amounts payable within one year | 42/48 | €844,427 | €586,989 | -€257,438 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €286,668 | €197,427 | -€89,241 | -31.1% |
| Trade debts | 44 | €21,860 | €38,858 | +€16,998 | +77.8% |
| Suppliers | 440/4 | €21,860 | €38,858 | +€16,998 | +77.8% |
| Taxes, remuneration and social security | 45 | €80,434 | €0 | -€80,434 | -100% |
| Taxes | 450/3 | €69,304 | €0 | -€69,304 | -100% |
| Remuneration and social security | 454/9 | €11,131 | €0 | -€11,131 | -100% |
| Other amounts payable | 47/48 | €455,464 | €350,704 | -€104,761 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,567 | €77,292 | -€64,275 | -45.4% |
| Other operating charges | 640/8 | €17,783 | €10,905 | -€6,878 | -38.7% |
| Gross operating margin | 9900 | €267,581 | €448,036 | +€180,455 | +67.4% |
| Operating profit (loss) | 9901 | €108,232 | €359,839 | +€251,608 | +232% |
| Financial income | 75/76B | €9,014 | €4,152 | -€4,862 | -53.9% |
| Recurring financial income | 75 | €9,014 | €4,152 | -€4,862 | -53.9% |
| Financial charges | 65/66B | €64,836 | €44,047 | -€20,789 | -32.1% |
| Recurring financial charges | 65 | €64,836 | €44,047 | -€20,789 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €52,410 | €319,944 | +€267,535 | +510% |
| Income taxes | 67/77 | €10,143 | €78,842 | +€68,700 | +677% |
| Profit (loss) for the period | 9904 | €42,267 | €241,102 | +€198,835 | +470% |
| Profit (loss) for the period to be appropriated | 9905 | €42,267 | €241,102 | +€198,835 | +470% |
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 25 October 2026 via checked.be.