IMMO KOMODO: 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 KOMODO
Largest movements
- Tangible fixed assets +€247,540
up €247,540 (+12.7%), from €2.0m to €2.2m
- Cash +€77,977
up €77,977 (+387%), from €20,136 to €98,114
mainly Debts after one year (+€221,792) and Depreciation (+€59,061)
- Receivables within one year -€29,519
no longer reported in 2025 (was €29,519)
- Debts after one year +€221,792
new in 2025: €221,792
- Reserves +€67,658
up €67,658 (+604%), from €11,196 to €78,853
- Trade debts +€46,470
up €46,470 (+732%), from €6,349 to €52,819
- Profit (loss) carried forward -€45,684
no longer reported in 2025 (was €45,684)
- Depreciation -€27,796
down €27,796 (-32.0%), from €86,857 to €59,061
- Write-downs +€17,111
new in 2025: €17,111
- Gross operating margin -€1,362
down €1,362 (-1.2%), from €113,194 to €111,832
- Financial charges +€1,321
up €1,321 (+126%), from €1,050 to €2,371
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 | €2,003,806 | €2,300,570 | +€296,764 | +14.8% |
| Fixed assets | 21/28 | €1,950,879 | €2,198,420 | +€247,540 | +12.7% |
| Tangible fixed assets | 22/27 | €1,950,879 | €2,198,420 | +€247,540 | +12.7% |
| Land and buildings | 22 | €1,950,879 | €2,198,420 | +€247,540 | +12.7% |
| Current assets | 29/58 | €52,927 | €102,150 | +€49,224 | +93.0% |
| Amounts receivable within one year | 40/41 | €29,519 | - | -€29,519 | |
| Other amounts receivable | 41 | €29,519 | - | -€29,519 | |
| Cash at bank and in hand | 54/58 | €20,136 | €98,114 | +€77,977 | +387% |
| Deferred charges and accrued income | 490/1 | €3,271 | €4,037 | +€766 | +23.4% |
| Total equity and liabilities | 10/49 | €2,003,806 | €2,300,570 | +€296,764 | +14.8% |
| Equity | 10/15 | €1,816,880 | €1,838,853 | +€21,973 | +1.2% |
| Contributions | 10/11 | €1,760,000 | €1,760,000 | = | 0.0% |
| Reserves | 13 | €11,196 | €78,853 | +€67,658 | +604% |
| Distributable reserves | 133 | €11,196 | €78,853 | +€67,658 | +604% |
| Profit (loss) carried forward | 14 | €45,684 | - | -€45,684 | |
| Amounts payable | 17/49 | €186,926 | €461,717 | +€274,790 | +147% |
| Amounts payable after more than one year | 17 | - | €221,792 | +€221,792 | |
| Financial debts | 170/4 | - | €221,792 | +€221,792 | |
| Amounts payable within one year | 42/48 | €186,926 | €239,925 | +€52,999 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | - | €19,071 | +€19,071 | |
| Trade debts | 44 | €6,349 | €52,819 | +€46,470 | +732% |
| Suppliers | 440/4 | €6,349 | €52,819 | +€46,470 | +732% |
| Taxes, remuneration and social security | 45 | €1,678 | €1,861 | +€183 | +10.9% |
| Taxes | 450/3 | €1,678 | €1,861 | +€183 | +10.9% |
| Other amounts payable | 47/48 | €178,900 | €166,175 | -€12,724 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,857 | €59,061 | -€27,796 | -32.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,111 | +€17,111 | |
| Other operating charges | 640/8 | €10,621 | €10,297 | -€325 | -3.1% |
| Gross operating margin | 9900 | €113,194 | €111,832 | -€1,362 | -1.2% |
| Operating profit (loss) | 9901 | €15,716 | €25,364 | +€9,648 | +61.4% |
| Financial charges | 65/66B | €1,050 | €2,371 | +€1,321 | +126% |
| Recurring financial charges | 65 | €1,050 | €2,371 | +€1,321 | +126% |
| Profit (loss) for the period before taxes | 9903 | €14,667 | €22,993 | +€8,326 | +56.8% |
| Income taxes | 67/77 | €1,678 | €1,020 | -€658 | -39.2% |
| Profit (loss) for the period | 9904 | €12,989 | €21,973 | +€8,984 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,989 | €21,973 | +€8,984 | +69.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.