Immo Kasterhof: 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 Kasterhof
Largest movements
- Tangible fixed assets -€45,455
down €45,455 (-2.7%), from €1.7m to €1.6m
- Other debts +€112,395
up €112,395 (+2,248%), from €5,000 to €117,395
- Debts after one year -€84,140
down €84,140 (-5.7%), from €1.5m to €1.4m
- Reserves -€83,164
down €83,164 (-60.2%), from €138,112 to €54,949
- Gross operating margin +€4,595
up €4,595 (+3.4%), from €134,208 to €138,803
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 | €1,716,010 | €1,662,076 | -€53,934 | -3.1% |
| Fixed assets | 21/28 | €1,668,636 | €1,623,182 | -€45,455 | -2.7% |
| Tangible fixed assets | 22/27 | €1,663,636 | €1,618,182 | -€45,455 | -2.7% |
| Land and buildings | 22 | €1,663,636 | €1,618,182 | -€45,455 | -2.7% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €47,374 | €38,895 | -€8,479 | -17.9% |
| Amounts receivable within one year | 40/41 | €17,352 | €23,971 | +€6,619 | +38.1% |
| Trade receivables | 40 | - | €6,695 | +€6,695 | |
| Other amounts receivable | 41 | €17,352 | €17,275 | -€77 | -0.4% |
| Cash at bank and in hand | 54/58 | €28,027 | €12,788 | -€15,239 | -54.4% |
| Deferred charges and accrued income | 490/1 | €1,994 | €2,136 | +€141 | +7.1% |
| Total equity and liabilities | 10/49 | €1,716,010 | €1,662,076 | -€53,934 | -3.1% |
| Equity | 10/15 | €148,112 | €64,949 | -€83,164 | -56.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €138,112 | €54,949 | -€83,164 | -60.2% |
| Distributable reserves | 133 | €138,112 | €54,949 | -€83,164 | -60.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,567,898 | €1,597,128 | +€29,230 | +1.9% |
| Amounts payable after more than one year | 17 | €1,479,732 | €1,395,592 | -€84,140 | -5.7% |
| Financial debts | 170/4 | €1,479,732 | €1,395,592 | -€84,140 | -5.7% |
| Amounts payable within one year | 42/48 | €88,165 | €201,536 | +€113,370 | +129% |
| Current portion of amounts payable after more than one year | 42 | €83,165 | €84,140 | +€975 | +1.2% |
| Other amounts payable | 47/48 | €5,000 | €117,395 | +€112,395 | +2,248% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,455 | €45,455 | = | 0.0% |
| Other operating charges | 640/8 | €6,617 | €6,823 | +€206 | +3.1% |
| Gross operating margin | 9900 | €134,208 | €138,803 | +€4,595 | +3.4% |
| Operating profit (loss) | 9901 | €82,136 | €86,525 | +€4,389 | +5.3% |
| Financial charges | 65/66B | €18,803 | €17,839 | -€964 | -5.1% |
| Recurring financial charges | 65 | €18,803 | €17,839 | -€964 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €63,333 | €68,686 | +€5,352 | +8.5% |
| Income taxes | 67/77 | €12,667 | €13,737 | +€1,070 | +8.5% |
| Profit (loss) for the period | 9904 | €50,667 | €54,949 | +€4,282 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,667 | €54,949 | +€4,282 | +8.5% |
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 14 October 2026 via checked.be.