IMMO KLOKHOF: 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 KLOKHOF
Largest movements
- Cash +€233,168
up €233,168 (+73.0%), from €319,338 to €552,507
mainly Depreciation (+€124,219) and Receivables after one year (+€100,174)
- Receivables after one year -€100,174
down €100,174 (-33.0%), from €303,900 to €203,727
- Tangible fixed assets -€98,203
down €98,203 (-19.4%), from €506,626 to €408,423
of which Land and buildings: -€123,504
- Reserves +€71,662
up €71,662 (+5.7%), from €1.3m to €1.3m
- Other debts -€48,868
down €48,868 (-87.1%), from €56,127 to €7,259
- Gross operating margin -€11,568
down €11,568 (-5.1%), from €227,432 to €215,864
- Taxes -€5,334
down €5,334 (-20.0%), from €26,619 to €21,286
- Financial income -€3,821
down €3,821 (-20.9%), from €18,286 to €14,466
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 | €1,378,118 | €1,400,533 | +€22,414 | +1.6% |
| Fixed assets | 21/28 | €506,626 | €408,423 | -€98,203 | -19.4% |
| Tangible fixed assets | 22/27 | €506,626 | €408,423 | -€98,203 | -19.4% |
| Land and buildings | 22 | €506,626 | €383,123 | -€123,504 | -24.4% |
| Plant, machinery and equipment | 23 | - | €25,300 | +€25,300 | |
| Current assets | 29/58 | €871,492 | €992,110 | +€120,618 | +13.8% |
| Amounts receivable after more than one year | 29 | €303,900 | €203,727 | -€100,174 | -33.0% |
| Other amounts receivable | 291 | €303,900 | €203,727 | -€100,174 | -33.0% |
| Amounts receivable within one year | 40/41 | €248,253 | €235,876 | -€12,377 | -5.0% |
| Trade receivables | 40 | €111,060 | €109,080 | -€1,980 | -1.8% |
| Other amounts receivable | 41 | €137,193 | €126,796 | -€10,397 | -7.6% |
| Cash at bank and in hand | 54/58 | €319,338 | €552,507 | +€233,168 | +73.0% |
| Total equity and liabilities | 10/49 | €1,378,118 | €1,400,533 | +€22,414 | +1.6% |
| Equity | 10/15 | €1,316,436 | €1,388,097 | +€71,662 | +5.4% |
| Contributions | 10/11 | €60,511 | €60,511 | = | 0.0% |
| Reserves | 13 | €1,255,924 | €1,327,586 | +€71,662 | +5.7% |
| Distributable reserves | 133 | €1,255,924 | €1,327,586 | +€71,662 | +5.7% |
| Amounts payable | 17/49 | €61,683 | €12,435 | -€49,247 | -79.8% |
| Amounts payable within one year | 42/48 | €61,683 | €12,435 | -€49,247 | -79.8% |
| Trade debts | 44 | €1,311 | €1,936 | +€625 | +47.6% |
| Suppliers | 440/4 | €1,311 | €1,936 | +€625 | +47.6% |
| Taxes, remuneration and social security | 45 | €4,245 | €3,240 | -€1,005 | -23.7% |
| Taxes | 450/3 | €4,245 | €3,240 | -€1,005 | -23.7% |
| Other amounts payable | 47/48 | €56,127 | €7,259 | -€48,868 | -87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,240 | €124,219 | -€21 | 0.0% |
| Other operating charges | 640/8 | €11,176 | €11,506 | +€329 | +2.9% |
| Gross operating margin | 9900 | €227,432 | €215,864 | -€11,568 | -5.1% |
| Operating profit (loss) | 9901 | €92,016 | €80,140 | -€11,876 | -12.9% |
| Financial income | 75/76B | €18,286 | €14,466 | -€3,821 | -20.9% |
| Recurring financial income | 75 | €18,286 | €14,466 | -€3,821 | -20.9% |
| Financial charges | 65/66B | €3,825 | €1,658 | -€2,167 | -56.7% |
| Recurring financial charges | 65 | €3,825 | €1,658 | -€2,167 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €106,477 | €92,947 | -€13,530 | -12.7% |
| Income taxes | 67/77 | €26,619 | €21,286 | -€5,334 | -20.0% |
| Profit (loss) for the period | 9904 | €79,858 | €71,662 | -€8,196 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,858 | €71,662 | -€8,196 | -10.3% |
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 18 October 2026 via checked.be.