IMMO KLUISRODE: 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 KLUISRODE
Largest movements
- Stocks and contracts -€1.1m
no longer reported in 2025 (was €1.1m)
- Tangible fixed assets +€1.0m
up €1.0m (+74.5%), from €1.4m to €2.4m
of which Land and buildings: +€1.0m
- Other debts +€175,000
up €175,000 (+11.1%), from €1.6m to €1.7m
- Trade debts -€139,999
down €139,999 (-99.5%), from €140,685 to €686
- Debts after one year -€75,619
down €75,619 (-17.3%), from €437,647 to €362,028
- Depreciation +€25,223
up €25,223 (+23.3%), from €108,367 to €133,590
- Gross operating margin +€8,994
up €8,994 (+5.5%), from €162,055 to €171,049
- Financial charges -€4,050
down €4,050 (-22.8%), from €17,768 to €13,718
- Taxes -€2,950
down €2,950 (-100%), from €2,950 to €0
- Other operating charges +€2,112
up €2,112 (+8.8%), from €24,116 to €26,228
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 | €2,551,568 | €2,504,154 | -€47,414 | -1.9% |
| Fixed assets | 21/28 | €1,401,541 | €2,444,131 | +€1.0m | +74.4% |
| Tangible fixed assets | 22/27 | €1,398,910 | €2,441,501 | +€1.0m | +74.5% |
| Land and buildings | 22 | €1,398,910 | €2,424,025 | +€1.0m | +73.3% |
| Other tangible fixed assets | 26 | - | €17,476 | +€17,476 | |
| Financial fixed assets | 28 | €2,631 | €2,631 | = | 0.0% |
| Current assets | 29/58 | €1,150,027 | €60,022 | -€1.1m | -94.8% |
| Stocks and contracts in progress | 3 | €1,114,002 | - | -€1.1m | |
| Stocks | 30/36 | €1,114,002 | - | -€1.1m | |
| Amounts receivable within one year | 40/41 | €23,907 | €27,049 | +€3,142 | +13.1% |
| Other amounts receivable | 41 | €23,907 | €27,049 | +€3,142 | +13.1% |
| Cash at bank and in hand | 54/58 | €11,643 | €31,218 | +€19,575 | +168% |
| Deferred charges and accrued income | 490/1 | €475 | €1,755 | +€1,280 | +269% |
| Total equity and liabilities | 10/49 | €2,551,568 | €2,504,154 | -€47,414 | -1.9% |
| Equity | 10/15 | €317,103 | €314,615 | -€2,488 | -0.8% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €8,420 | €8,420 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,379 | €2,379 | = | 0.0% |
| Other | 1319 | €2,379 | €2,379 | = | 0.0% |
| Distributable reserves | 133 | €6,042 | €6,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,318 | -€43,805 | -€2,488 | -6.0% |
| Amounts payable | 17/49 | €2,234,465 | €2,189,538 | -€44,926 | -2.0% |
| Amounts payable after more than one year | 17 | €437,647 | €362,028 | -€75,619 | -17.3% |
| Financial debts | 170/4 | €437,647 | €362,028 | -€75,619 | -17.3% |
| Amounts payable within one year | 42/48 | €1,790,117 | €1,822,484 | +€32,367 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €78,253 | €75,619 | -€2,634 | -3.4% |
| Trade debts | 44 | €140,685 | €686 | -€139,999 | -99.5% |
| Suppliers | 440/4 | €140,685 | €686 | -€139,999 | -99.5% |
| Other amounts payable | 47/48 | €1,571,179 | €1,746,179 | +€175,000 | +11.1% |
| Accrued charges and deferred income | 492/3 | €6,701 | €5,026 | -€1,675 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,367 | €133,590 | +€25,223 | +23.3% |
| Other operating charges | 640/8 | €24,116 | €26,228 | +€2,112 | +8.8% |
| Gross operating margin | 9900 | €162,055 | €171,049 | +€8,994 | +5.5% |
| Operating profit (loss) | 9901 | €29,571 | €11,230 | -€18,341 | -62.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17,768 | €13,718 | -€4,050 | -22.8% |
| Recurring financial charges | 65 | €17,768 | €13,718 | -€4,050 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €11,804 | -€2,488 | -€14,291 | |
| Income taxes | 67/77 | €2,950 | €0 | -€2,950 | -100% |
| Profit (loss) for the period | 9904 | €8,853 | -€2,488 | -€11,341 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,853 | -€2,488 | -€11,341 |
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 25 October 2026 via checked.be.