IMMO KL2M: 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 KL2M
Largest movements
- Receivables within one year +€10,754
up €10,754 (+41.3%), from €26,033 to €36,787
- Profit (loss) carried forward +€4,989
up €4,989 (+2266.8%), from €220 to €5,209
- Financial income -€2,000
down €2,000 (-16.7%), from €12,000 to €10,000
of which Financial income: -€2,000
- Taxes +€1,588
up €1,588 (+1925.9%), from €82 to €1,670
- Depreciation +€1,292
new in 2025: €1,292
- Gross operating margin -€914
down €914 (-89.4%), from -€1,023 to -€1,937
- Other operating charges -€407
no longer reported in 2025 (was €407)
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 | €480,303 | €486,893 | +€6,591 | +1.4% |
| Formation expenses | 20 | €1,987 | €695 | -€1,292 | -65.0% |
| Fixed assets | 21/28 | €447,500 | €447,500 | = | 0.0% |
| Financial fixed assets | 28 | €447,500 | €447,500 | = | 0.0% |
| Current assets | 29/58 | €30,816 | €38,698 | +€7,883 | +25.6% |
| Amounts receivable within one year | 40/41 | €26,033 | €36,787 | +€10,754 | +41.3% |
| Other amounts receivable | 41 | €26,033 | €36,787 | +€10,754 | +41.3% |
| Cash at bank and in hand | 54/58 | €4,783 | €1,911 | -€2,871 | -60.0% |
| Total equity and liabilities | 10/49 | €480,303 | €486,893 | +€6,591 | +1.4% |
| Equity | 10/15 | €6,220 | €11,209 | +€4,989 | +80.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Outside capital | 11 | - | €6,000 | +€6,000 | |
| Other | 1109/19 | - | €6,000 | +€6,000 | |
| Profit (loss) carried forward | 14 | €220 | €5,209 | +€4,989 | +2266.8% |
| Amounts payable | 17/49 | €474,082 | €475,684 | +€1,602 | +0.3% |
| Amounts payable within one year | 42/48 | €474,082 | €475,684 | +€1,602 | +0.3% |
| Trade debts | 44 | - | €13 | +€13 | |
| Suppliers | 440/4 | - | €13 | +€13 | |
| Taxes, remuneration and social security | 45 | €82 | €1,672 | +€1,590 | +1928.0% |
| Taxes | 450/3 | €82 | €1,672 | +€1,590 | +1928.0% |
| Other amounts payable | 47/48 | €474,000 | €474,000 | -€1 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,292 | +€1,292 | |
| Other operating charges | 640/8 | €407 | - | -€407 | |
| Gross operating margin | 9900 | -€1,023 | -€1,937 | -€914 | -89.4% |
| Operating profit (loss) | 9901 | -€1,430 | -€3,229 | -€1,799 | -125.8% |
| Financial income | 75/76B | €12,000 | €10,000 | -€2,000 | -16.7% |
| Recurring financial income | 75 | €12,000 | €10,000 | -€2,000 | -16.7% |
| Non-recurring financial income | 76B | €12,000 | €10,000 | -€2,000 | -16.7% |
| Financial charges | 65/66B | €105 | €112 | +€7 | +6.7% |
| Recurring financial charges | 65 | €105 | €112 | +€7 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €10,465 | €6,659 | -€3,806 | -36.4% |
| Income taxes | 67/77 | €82 | €1,670 | +€1,588 | +1925.9% |
| Profit (loss) for the period | 9904 | €10,383 | €4,989 | -€5,394 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,383 | €4,989 | -€5,394 | -52.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.