IMMO KLIPSIS: 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 KLIPSIS
Largest movements
- Tangible fixed assets -€35,606
down €35,606 (-4.3%), from €831,533 to €795,927
- Receivables within one year -€23,000
down €23,000 (-13.8%), from €166,943 to €143,943
- Debts after one year -€63,047
down €63,047 (-11.9%), from €527,607 to €464,560
- Reserves +€15,556
up €15,556 (+6.5%), from €238,340 to €253,896
of which Distributable reserves: +€23,340
- Taxes +€3,466
up €3,466 (+43.1%), from €8,034 to €11,500
- Gross operating margin +€2,890
up €2,890 (+3.6%), from €79,327 to €82,217
- Purchases and services -€2,134
down €2,134 (-11.1%), from €19,233 to €17,099
- Financial charges -€1,891
down €1,891 (-11.8%), from €16,082 to €14,191
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 | €1,010,935 | €953,187 | -€57,748 | -5.7% |
| Fixed assets | 21/28 | €843,928 | €808,322 | -€35,606 | -4.2% |
| Tangible fixed assets | 22/27 | €831,533 | €795,927 | -€35,606 | -4.3% |
| Land and buildings | 22 | €831,533 | €795,927 | -€35,606 | -4.3% |
| Financial fixed assets | 28 | €12,395 | €12,395 | = | 0.0% |
| Current assets | 29/58 | €167,007 | €144,865 | -€22,142 | -13.3% |
| Amounts receivable within one year | 40/41 | €166,943 | €143,943 | -€23,000 | -13.8% |
| Other amounts receivable | 41 | €166,943 | €143,943 | -€23,000 | -13.8% |
| Cash at bank and in hand | 54/58 | €64 | €922 | +€859 | +1,350% |
| Total equity and liabilities | 10/49 | €1,010,935 | €953,187 | -€57,748 | -5.7% |
| Equity | 10/15 | €300,340 | €315,896 | +€15,556 | +5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €238,340 | €253,896 | +€15,556 | +6.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €139,547 | €131,763 | -€7,785 | -5.6% |
| Distributable reserves | 133 | €92,593 | €115,933 | +€23,340 | +25.2% |
| Provisions and deferred taxes | 16 | €46,516 | €43,921 | -€2,595 | -5.6% |
| Deferred taxes | 168 | €46,516 | €43,921 | -€2,595 | -5.6% |
| Amounts payable | 17/49 | €664,079 | €593,371 | -€70,708 | -10.6% |
| Amounts payable after more than one year | 17 | €527,607 | €464,560 | -€63,047 | -11.9% |
| Financial debts | 170/4 | €527,607 | €464,560 | -€63,047 | -11.9% |
| Amounts payable within one year | 42/48 | €136,472 | €128,810 | -€7,662 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €66,568 | €63,077 | -€3,492 | -5.2% |
| Trade debts | 44 | €448 | €112 | -€336 | -75.0% |
| Suppliers | 440/4 | €448 | €112 | -€336 | -75.0% |
| Taxes, remuneration and social security | 45 | €8,034 | €11,500 | +€3,466 | +43.1% |
| Taxes | 450/3 | €8,034 | €11,500 | +€3,466 | +43.1% |
| Other amounts payable | 47/48 | €61,421 | €54,121 | -€7,300 | -11.9% |
| Turnover | 70 | €98,560 | €99,316 | +€756 | +0.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,233 | €17,099 | -€2,134 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,691 | €35,606 | -€85 | -0.2% |
| Other operating charges | 640/8 | €7,829 | €7,959 | +€129 | +1.7% |
| Gross operating margin | 9900 | €79,327 | €82,217 | +€2,890 | +3.6% |
| Operating profit (loss) | 9901 | €35,806 | €38,652 | +€2,846 | +7.9% |
| Financial charges | 65/66B | €16,082 | €14,191 | -€1,891 | -11.8% |
| Recurring financial charges | 65 | €16,082 | €14,191 | -€1,891 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €19,724 | €24,461 | +€4,737 | +24.0% |
| Transfer from deferred taxes | 780 | €2,595 | €2,595 | = | 0.0% |
| Income taxes | 67/77 | €8,034 | €11,500 | +€3,466 | +43.1% |
| Profit (loss) for the period | 9904 | €14,285 | €15,556 | +€1,270 | +8.9% |
| Transfer from tax-exempt reserves | 789 | €7,785 | €7,785 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,070 | €23,340 | +€1,270 | +5.8% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.