IMMO KOJACC: 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 KOJACC
Largest movements
- Tangible fixed assets -€197,854
down €197,854 (-18.9%), from €1.0m to €849,181
of which Land and buildings: -€197,718
- Receivables within one year +€54,183
up €54,183 (+1,084%), from €5,000 to €59,183
- Deferred charges and accrued income -€15,172
no longer reported in 2024 (was €15,172)
- Debts after one year -€321,128
down €321,128 (-36.7%), from €876,069 to €554,941
- Other debts +€152,068
up €152,068 (+398%), from €38,163 to €190,232
- Reserves +€17,944
up €17,944 (+41.1%), from €43,634 to €61,578
- Accrued charges and deferred income -€12,568
no longer reported in 2024 (was €12,568)
- Taxes +€10,856
up €10,856 (+319%), from €3,401 to €14,256
- Financial charges +€7,411
up €7,411 (+53.3%), from €13,914 to €21,324
- Depreciation -€7,402
down €7,402 (-20.3%), from €36,383 to €28,981
- Gross operating margin +€3,456
up €3,456 (+3.9%), from €89,218 to €92,673
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,067,231 | €908,770 | -€158,461 | -14.8% |
| Fixed assets | 21/28 | €1,047,034 | €849,181 | -€197,854 | -18.9% |
| Tangible fixed assets | 22/27 | €1,047,034 | €849,181 | -€197,854 | -18.9% |
| Land and buildings | 22 | €1,046,660 | €848,942 | -€197,718 | -18.9% |
| Plant, machinery and equipment | 23 | €375 | €239 | -€136 | -36.4% |
| Current assets | 29/58 | €20,196 | €59,589 | +€39,393 | +195% |
| Amounts receivable within one year | 40/41 | €5,000 | €59,183 | +€54,183 | +1,084% |
| Other amounts receivable | 41 | €5,000 | €59,183 | +€54,183 | +1,084% |
| Cash at bank and in hand | 54/58 | €24 | €406 | +€381 | +1,558% |
| Deferred charges and accrued income | 490/1 | €15,172 | - | -€15,172 | |
| Total equity and liabilities | 10/49 | €1,067,231 | €908,770 | -€158,461 | -14.8% |
| Equity | 10/15 | €49,834 | €67,778 | +€17,944 | +36.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,634 | €61,578 | +€17,944 | +41.1% |
| Distributable reserves | 133 | €43,634 | €61,578 | +€17,944 | +41.1% |
| Amounts payable | 17/49 | €1,017,397 | €840,992 | -€176,405 | -17.3% |
| Amounts payable after more than one year | 17 | €876,069 | €554,941 | -€321,128 | -36.7% |
| Financial debts | 170/4 | €876,069 | €554,941 | -€321,128 | -36.7% |
| Amounts payable within one year | 42/48 | €128,760 | €286,051 | +€157,292 | +122% |
| Current portion of amounts payable after more than one year | 42 | €79,608 | €75,917 | -€3,691 | -4.6% |
| Financial debts | 43 | €25 | - | -€25 | |
| Credit institutions | 430/8 | €25 | - | -€25 | |
| Trade debts | 44 | €7,408 | €6,897 | -€511 | -6.9% |
| Suppliers | 440/4 | €7,408 | €6,897 | -€511 | -6.9% |
| Taxes, remuneration and social security | 45 | €3,555 | €13,006 | +€9,451 | +266% |
| Taxes | 450/3 | €3,555 | €13,006 | +€9,451 | +266% |
| Other amounts payable | 47/48 | €38,163 | €190,232 | +€152,068 | +398% |
| Accrued charges and deferred income | 492/3 | €12,568 | - | -€12,568 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,383 | €28,981 | -€7,402 | -20.3% |
| Other operating charges | 640/8 | €11,392 | €10,705 | -€687 | -6.0% |
| Gross operating margin | 9900 | €89,218 | €92,673 | +€3,456 | +3.9% |
| Operating profit (loss) | 9901 | €41,443 | €52,988 | +€11,545 | +27.9% |
| Financial income | 75/76B | €280 | €537 | +€257 | +91.7% |
| Recurring financial income | 75 | €280 | €537 | +€257 | +91.7% |
| Financial charges | 65/66B | €13,914 | €21,324 | +€7,411 | +53.3% |
| Recurring financial charges | 65 | €13,914 | €21,324 | +€7,411 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €27,810 | €32,200 | +€4,391 | +15.8% |
| Income taxes | 67/77 | €3,401 | €14,256 | +€10,856 | +319% |
| Profit (loss) for the period | 9904 | €24,409 | €17,944 | -€6,465 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,409 | €17,944 | -€6,465 | -26.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.