IMMO HAKEBO: 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.
IMMO HAKEBO
Largest movements
- Tangible fixed assets -€78,668
down €78,668 (-4.7%), from €1.7m to €1.6m
- Cash +€21,159
up €21,159 (+38.8%), from €54,541 to €75,700
mainly Depreciation (+€78,668) and Net result for the year (+€11,857)
- Debts after one year -€70,413
down €70,413 (-4.2%), from €1.7m to €1.6m
- Gross operating margin +€3,183
up €3,183 (+2.8%), from €112,668 to €115,851
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 | €1,736,130 | €1,678,633 | -€57,497 | -3.3% |
| Fixed assets | 21/28 | €1,680,142 | €1,601,474 | -€78,668 | -4.7% |
| Tangible fixed assets | 22/27 | €1,680,142 | €1,601,474 | -€78,668 | -4.7% |
| Land and buildings | 22 | €1,680,142 | €1,601,474 | -€78,668 | -4.7% |
| Current assets | 29/58 | €55,988 | €77,159 | +€21,171 | +37.8% |
| Cash at bank and in hand | 54/58 | €54,541 | €75,700 | +€21,159 | +38.8% |
| Deferred charges and accrued income | 490/1 | €1,446 | €1,459 | +€12 | +0.9% |
| Total equity and liabilities | 10/49 | €1,736,130 | €1,678,633 | -€57,497 | -3.3% |
| Equity | 10/15 | -€45,598 | -€33,740 | +€11,857 | +26.0% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,598 | -€54,740 | +€11,857 | +17.8% |
| Amounts payable | 17/49 | €1,781,727 | €1,712,373 | -€69,354 | -3.9% |
| Amounts payable after more than one year | 17 | €1,683,833 | €1,613,420 | -€70,413 | -4.2% |
| Financial debts | 170/4 | €1,683,833 | €1,613,420 | -€70,413 | -4.2% |
| Amounts payable within one year | 42/48 | €87,924 | €88,769 | +€844 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €69,309 | €70,413 | +€1,104 | +1.6% |
| Trade debts | 44 | €615 | €356 | -€260 | -42.2% |
| Suppliers | 440/4 | €615 | €356 | -€260 | -42.2% |
| Other amounts payable | 47/48 | €18,000 | €18,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,970 | €10,185 | +€215 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,494 | €78,668 | +€174 | +0.2% |
| Other operating charges | 640/8 | €449 | €1,060 | +€611 | +136% |
| Gross operating margin | 9900 | €112,668 | €115,851 | +€3,183 | +2.8% |
| Operating profit (loss) | 9901 | €33,725 | €36,123 | +€2,398 | +7.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €25,352 | €24,265 | -€1,087 | -4.3% |
| Recurring financial charges | 65 | €25,352 | €24,265 | -€1,087 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €8,373 | €11,857 | +€3,485 | +41.6% |
| Profit (loss) for the period | 9904 | €8,373 | €11,857 | +€3,485 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,373 | €11,857 | +€3,485 | +41.6% |
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 13 October 2026 via checked.be.