IMMO KHOBALT: 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 KHOBALT
Largest movements
- Cash +€62,109
up €62,109 (+94.8%), from €65,533 to €127,643
mainly Other debts (+€100,000) and Net result for the year (+€60,173)
- Tangible fixed assets -€20,498
down €20,498 (-2.9%), from €714,657 to €694,159
- Other debts +€100,000
new in 2025: €100,000
- Debts after one year -€44,199
down €44,199 (-8.8%), from €499,617 to €455,419
- Profit (loss) carried forward -€39,827
down €39,827 (-26.7%), from €149,076 to €109,249
- Tax, wage and social debts +€22,161
up €22,161 (+91.4%), from €24,242 to €46,402
- Gross operating margin -€4,179
down €4,179 (-3.2%), from €128,957 to €124,778
- Other operating charges +€2,585
up €2,585 (+43.8%), from €5,901 to €8,486
- Financial charges -€2,461
down €2,461 (-16.3%), from €15,097 to €12,636
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 | €835,629 | €874,866 | +€39,238 | +4.7% |
| Fixed assets | 21/28 | €714,657 | €694,159 | -€20,498 | -2.9% |
| Tangible fixed assets | 22/27 | €714,657 | €694,159 | -€20,498 | -2.9% |
| Land and buildings | 22 | €714,657 | €694,159 | -€20,498 | -2.9% |
| Current assets | 29/58 | €120,972 | €180,708 | +€59,736 | +49.4% |
| Amounts receivable within one year | 40/41 | €53,211 | €51,188 | -€2,023 | -3.8% |
| Trade receivables | 40 | €2,349 | - | -€2,349 | |
| Other amounts receivable | 41 | €50,862 | €51,188 | +€326 | +0.6% |
| Cash at bank and in hand | 54/58 | €65,533 | €127,643 | +€62,109 | +94.8% |
| Deferred charges and accrued income | 490/1 | €2,228 | €1,877 | -€351 | -15.7% |
| Total equity and liabilities | 10/49 | €835,629 | €874,866 | +€39,238 | +4.7% |
| Equity | 10/15 | €259,076 | €219,249 | -€39,827 | -15.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,076 | €109,249 | -€39,827 | -26.7% |
| Amounts payable | 17/49 | €576,553 | €655,618 | +€79,065 | +13.7% |
| Amounts payable after more than one year | 17 | €499,617 | €455,419 | -€44,199 | -8.8% |
| Financial debts | 170/4 | €499,617 | €455,419 | -€44,199 | -8.8% |
| Amounts payable within one year | 42/48 | €76,935 | €200,199 | +€123,264 | +160% |
| Current portion of amounts payable after more than one year | 42 | €43,197 | €44,199 | +€1,002 | +2.3% |
| Trade debts | 44 | €9,497 | €9,598 | +€101 | +1.1% |
| Suppliers | 440/4 | €9,497 | €9,598 | +€101 | +1.1% |
| Taxes, remuneration and social security | 45 | €24,242 | €46,402 | +€22,161 | +91.4% |
| Taxes | 450/3 | €24,242 | €46,402 | +€22,161 | +91.4% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,498 | €20,498 | +€0 | 0.0% |
| Other operating charges | 640/8 | €5,901 | €8,486 | +€2,585 | +43.8% |
| Gross operating margin | 9900 | €128,957 | €124,778 | -€4,179 | -3.2% |
| Operating profit (loss) | 9901 | €102,558 | €95,794 | -€6,764 | -6.6% |
| Financial charges | 65/66B | €15,097 | €12,636 | -€2,461 | -16.3% |
| Recurring financial charges | 65 | €15,097 | €12,636 | -€2,461 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €87,461 | €83,158 | -€4,303 | -4.9% |
| Income taxes | 67/77 | €23,417 | €22,986 | -€431 | -1.8% |
| Profit (loss) for the period | 9904 | €64,044 | €60,173 | -€3,872 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,044 | €60,173 | -€3,872 | -6.0% |
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 15 October 2026 via checked.be.