IMMO KARA: 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 KARA
Largest movements
- Tangible fixed assets -€17,364
down €17,364 (-3.3%), from €526,979 to €509,615
of which Land and buildings: -€17,364
- Debts after one year -€35,169
down €35,169 (-15.9%), from €221,615 to €186,446
of which Financial debts: -€35,169
- Profit (loss) carried forward +€16,074
up €16,074 (+68.1%), from -€23,598 to -€7,524
- Gross operating margin +€8,042
up €8,042 (+19.7%), from €40,825 to €48,867
- Depreciation -€7,863
down €7,863 (-31.2%), from €25,227 to €17,364
- Financial charges -€1,001
down €1,001 (-11.9%), from €8,382 to €7,380
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 | €527,465 | €511,350 | -€16,115 | -3.1% |
| Fixed assets | 21/28 | €526,979 | €509,615 | -€17,364 | -3.3% |
| Tangible fixed assets | 22/27 | €526,979 | €509,615 | -€17,364 | -3.3% |
| Land and buildings | 22 | €526,979 | €509,615 | -€17,364 | -3.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €486 | €1,735 | +€1,249 | +257% |
| Cash at bank and in hand | 54/58 | €486 | €1,735 | +€1,249 | +257% |
| Total equity and liabilities | 10/49 | €527,465 | €511,350 | -€16,115 | -3.1% |
| Equity | 10/15 | €245,902 | €261,976 | +€16,074 | +6.5% |
| Contributions | 10/11 | €269,500 | €269,500 | = | 0.0% |
| Capital | 10 | - | €269,500 | +€269,500 | |
| Issued capital | 100 | - | €269,500 | +€269,500 | |
| Contributions outside capital | 11 | €269,500 | - | -€269,500 | |
| Other | 1109/19 | €269,500 | - | -€269,500 | |
| Profit (loss) carried forward | 14 | -€23,598 | -€7,524 | +€16,074 | +68.1% |
| Amounts payable | 17/49 | €281,563 | €249,374 | -€32,189 | -11.4% |
| Amounts payable after more than one year | 17 | €221,615 | €186,446 | -€35,169 | -15.9% |
| Financial debts | 170/4 | €220,615 | €185,446 | -€35,169 | -15.9% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,948 | €62,928 | +€2,980 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €33,929 | €35,126 | +€1,198 | +3.5% |
| Trade debts | 44 | €2,033 | €5,522 | +€3,490 | +172% |
| Suppliers | 440/4 | €2,033 | €5,522 | +€3,490 | +172% |
| Other amounts payable | 47/48 | €23,987 | €22,280 | -€1,707 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,227 | €17,364 | -€7,863 | -31.2% |
| Other operating charges | 640/8 | €7,927 | €8,049 | +€122 | +1.5% |
| Gross operating margin | 9900 | €40,825 | €48,867 | +€8,042 | +19.7% |
| Operating profit (loss) | 9901 | €7,672 | €23,454 | +€15,783 | +206% |
| Financial charges | 65/66B | €8,382 | €7,380 | -€1,001 | -11.9% |
| Recurring financial charges | 65 | €8,382 | €7,380 | -€1,001 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€710 | €16,074 | +€16,784 | |
| Profit (loss) for the period | 9904 | -€710 | €16,074 | +€16,784 | |
| Profit (loss) for the period to be appropriated | 9905 | -€710 | €16,074 | +€16,784 |
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 17 October 2026 via checked.be.