IMMO K: 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 K
Largest movements
- Tangible fixed assets -€14,448
down €14,448 (-4.8%), from €298,929 to €284,481
of which Land and buildings: -€14,448
- Other debts -€15,686
down €15,686 (-6.9%), from €226,327 to €210,641
- Debts after one year -€9,905
down €9,905 (-10.9%), from €91,241 to €81,336
- Profit (loss) carried forward +€9,594
up €9,594 (+3.7%), from -€260,832 to -€251,238
- Revaluation surpluses -€8,231
down €8,231 (-6.7%), from €123,465 to €115,234
- Reserves +€8,231
up €8,231 (+7.5%), from €110,049 to €118,280
- Depreciation -€1,290
down €1,290 (-8.2%), from €15,738 to €14,448
- Gross operating margin +€1,117
up €1,117 (+3.6%), from €31,226 to €32,343
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.
Cash bridge derived
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 | €321,752 | €303,157 | -€18,595 | -5.8% |
| Fixed assets | 21/28 | €298,929 | €284,481 | -€14,448 | -4.8% |
| Tangible fixed assets | 22/27 | €298,929 | €284,481 | -€14,448 | -4.8% |
| Land and buildings | 22 | €284,067 | €269,620 | -€14,448 | -5.1% |
| Plant, machinery and equipment | 23 | €14,861 | €14,861 | = | 0.0% |
| Current assets | 29/58 | €22,824 | €18,676 | -€4,147 | -18.2% |
| Amounts receivable within one year | 40/41 | €20,894 | €17,713 | -€3,181 | -15.2% |
| Other amounts receivable | 41 | €20,894 | €17,713 | -€3,181 | -15.2% |
| Cash at bank and in hand | 54/58 | €1,930 | €964 | -€966 | -50.1% |
| Total equity and liabilities | 10/49 | €321,752 | €303,157 | -€18,595 | -5.8% |
| Equity | 10/15 | -€8,719 | €876 | +€9,594 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €123,465 | €115,234 | -€8,231 | -6.7% |
| Reserves | 13 | €110,049 | €118,280 | +€8,231 | +7.5% |
| Distributable reserves | 133 | €110,049 | €118,280 | +€8,231 | +7.5% |
| Profit (loss) carried forward | 14 | -€260,832 | -€251,238 | +€9,594 | +3.7% |
| Amounts payable | 17/49 | €330,471 | €302,282 | -€28,189 | -8.5% |
| Amounts payable after more than one year | 17 | €91,241 | €81,336 | -€9,905 | -10.9% |
| Financial debts | 170/4 | €91,241 | €81,336 | -€9,905 | -10.9% |
| Amounts payable within one year | 42/48 | €239,230 | €220,946 | -€18,284 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €9,498 | €9,905 | +€407 | +4.3% |
| Trade debts | 44 | €3,405 | €400 | -€3,005 | -88.3% |
| Suppliers | 440/4 | €3,405 | €400 | -€3,005 | -88.3% |
| Other amounts payable | 47/48 | €226,327 | €210,641 | -€15,686 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,738 | €14,448 | -€1,290 | -8.2% |
| Other operating charges | 640/8 | €3,723 | €3,961 | +€238 | +6.4% |
| Gross operating margin | 9900 | €31,226 | €32,343 | +€1,117 | +3.6% |
| Operating profit (loss) | 9901 | €11,765 | €13,934 | +€2,169 | +18.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,604 | €4,340 | -€264 | -5.7% |
| Recurring financial charges | 65 | €4,604 | €4,340 | -€264 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €7,162 | €9,594 | +€2,433 | +34.0% |
| Profit (loss) for the period | 9904 | €7,162 | €9,594 | +€2,433 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,162 | €9,594 | +€2,433 | +34.0% |
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 10 October 2026 via checked.be.