IMMO-KH: what changed
Two fiscal 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-KH
Largest movements
- Tangible fixed assets -€17,270
down €17,270 (-23.5%), from €73,370 to €56,100
of which Furniture and vehicles: -€12,305
- Cash +€11,881
up €11,881 (+82.1%), from €14,468 to €26,349
mainly Depreciation (+€20,071) and Trade debts (+€15,082)
- Receivables within one year -€10,541
down €10,541 (-34.9%), from €30,201 to €19,660
of which Other amounts receivable: -€5,894
- Debts after one year -€22,487
down €22,487 (-50.1%), from €44,853 to €22,366
- Trade debts +€15,082
up €15,082 (+1241.4%), from €1,215 to €16,297
- Profit (loss) carried forward -€11,887
down €11,887 (-48.0%), from €24,771 to €12,884
- Tax, wage and social debts +€3,770
up €3,770 (+35.9%), from €10,499 to €14,269
of which Taxes: +€6,845
- Gross operating margin +€8,524
up €8,524 (+44.6%), from €19,133 to €27,657
- Staff costs -€7,885
down €7,885 (-64.5%), from €12,217 to €4,332
- Financial charges +€5,881
up €5,881 (+167.6%), from €3,510 to €9,391
- Depreciation -€1,272
down €1,272 (-6.0%), from €21,343 to €20,071
- Other operating charges -€285
down €285 (-5.2%), from €5,487 to €5,201
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,141 | €103,303 | -€15,838 | -13.3% |
| Fixed assets | 21/28 | €73,470 | €56,200 | -€17,270 | -23.5% |
| Tangible fixed assets | 22/27 | €73,370 | €56,100 | -€17,270 | -23.5% |
| Land and buildings | 22 | €27,731 | €23,857 | -€3,874 | -14.0% |
| Plant, machinery and equipment | 23 | €3,971 | €2,880 | -€1,090 | -27.5% |
| Furniture and vehicles | 24 | €41,668 | €29,363 | -€12,305 | -29.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €45,671 | €47,103 | +€1,432 | +3.1% |
| Amounts receivable within one year | 40/41 | €30,201 | €19,660 | -€10,541 | -34.9% |
| Trade receivables | 40 | €12,427 | €7,780 | -€4,647 | -37.4% |
| Other amounts receivable | 41 | €17,774 | €11,880 | -€5,894 | -33.2% |
| Cash at bank and in hand | 54/58 | €14,468 | €26,349 | +€11,881 | +82.1% |
| Deferred charges and accrued income | 490/1 | €1,003 | €1,095 | +€92 | +9.1% |
| Total equity and liabilities | 10/49 | €119,141 | €103,303 | -€15,838 | -13.3% |
| Equity | 10/15 | €29,771 | €17,884 | -€11,887 | -39.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,771 | €12,884 | -€11,887 | -48.0% |
| Amounts payable | 17/49 | €89,371 | €85,419 | -€3,952 | -4.4% |
| Amounts payable after more than one year | 17 | €44,853 | €22,366 | -€22,487 | -50.1% |
| Financial debts | 170/4 | €44,853 | €22,366 | -€22,487 | -50.1% |
| Amounts payable within one year | 42/48 | €44,518 | €63,053 | +€18,535 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €22,804 | €22,487 | -€317 | -1.4% |
| Trade debts | 44 | €1,215 | €16,297 | +€15,082 | +1241.4% |
| Suppliers | 440/4 | €1,215 | €16,297 | +€15,082 | +1241.4% |
| Taxes, remuneration and social security | 45 | €10,499 | €14,269 | +€3,770 | +35.9% |
| Taxes | 450/3 | €6,164 | €13,009 | +€6,845 | +111.0% |
| Remuneration and social security | 454/9 | €4,335 | €1,260 | -€3,075 | -70.9% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €12,217 | €4,332 | -€7,885 | -64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,343 | €20,071 | -€1,272 | -6.0% |
| Other operating charges | 640/8 | €5,487 | €5,201 | -€285 | -5.2% |
| Non-recurring operating charges | 66A | €3,337 | - | -€3,337 | |
| Gross operating margin | 9900 | €19,133 | €27,657 | +€8,524 | +44.6% |
| Operating profit (loss) | 9901 | -€23,251 | -€1,947 | +€21,304 | +91.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,510 | €9,391 | +€5,881 | +167.6% |
| Recurring financial charges | 65 | €3,510 | €9,391 | +€5,881 | +167.6% |
| Profit (loss) for the period before taxes | 9903 | -€26,760 | -€11,337 | +€15,423 | +57.6% |
| Income taxes | 67/77 | €482 | €549 | +€68 | +14.1% |
| Profit (loss) for the period | 9904 | -€27,242 | -€11,887 | +€15,355 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,242 | -€11,887 | +€15,355 | +56.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.