IMMO KRIFANIE: 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.
What changed
IMMO KRIFANIE
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3,089
2024 · €280,097-€283,186
Equity
€1.3m
2024 · €1.3m-€3,089
Cash
€17,107
2024 · €19,289-€2,182
Balance sheet total
€2.1m
2024 · €2.1m-€25,648
Largest movements
Assets
- Tangible fixed assets -€24,063
down €24,063 (-1.3%), from €1.8m to €1.8m
of which Land and buildings: -€57,809
Equity and liabilities
- Other debts +€66,971
up €66,971 (+38.9%), from €172,099 to €239,071
- Debts after one year -€44,066
down €44,066 (-11.0%), from €402,143 to €358,077
- Tax, wage and social debts -€32,281
down €32,281 (-70.2%), from €46,013 to €13,732
Income statement
- Financial income -€387,795
down €387,795 (-96.7%), from €401,111 to €13,316
of which Financial income: -€401,083
- Taxes -€129,197
down €129,197 (-92.9%), from €139,050 to €9,853
- Gross operating margin -€39,533
down €39,533 (-32.7%), from €120,779 to €81,246
- Financial charges -€17,185
down €17,185 (-61.2%), from €28,058 to €10,873
- Other operating charges +€9,270
up €9,270 (+98.2%), from €9,436 to €18,706
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.
Result 2024
€280,097
Gross operating margin
-€39,533
Depreciation
+€7,309
Other operating charges
-€9,270
Financial income
-€387,795
Financial charges
+€17,185
Taxes
+€129,197
Deferred taxes and other
-€279
Result 2025
-€3,089
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€81,094
Investment
-€40,419
Financing
-€42,857
Cash 2024
€19,289
From operations (derived)
+€81,094
Net result for the year
-€3,089
Depreciation
+€64,482
Receivables within one year
-€597
Provisions
-€6,263
Trade debts
-€7,817
Tax, wage and social debts
-€32,281
Other debts
+€66,971
Accrued charges and deferred income
-€311
Investment (derived)
-€40,419
Investment in fixed assets (net)
-€40,419
Financing
-€42,857
Debts after one year
-€44,066
Current portion of long-term debt
+€1,208
Cash 2025
€17,107
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,137,126 | €2,111,478 | -€25,648 | -1.2% |
| Fixed assets | 21/28 | €2,096,447 | €2,072,384 | -€24,063 | -1.1% |
| Tangible fixed assets | 22/27 | €1,826,447 | €1,802,384 | -€24,063 | -1.3% |
| Land and buildings | 22 | €1,813,039 | €1,755,230 | -€57,809 | -3.2% |
| Plant, machinery and equipment | 23 | €696 | €1,552 | +€857 | +123% |
| Furniture and vehicles | 24 | €12,712 | €45,601 | +€32,889 | +259% |
| Financial fixed assets | 28 | €270,000 | €270,000 | = | 0.0% |
| Current assets | 29/58 | €40,679 | €39,094 | -€1,585 | -3.9% |
| Amounts receivable within one year | 40/41 | €9,466 | €10,063 | +€597 | +6.3% |
| Trade receivables | 40 | €9,466 | €10,063 | +€597 | +6.3% |
| Cash at bank and in hand | 54/58 | €19,289 | €17,107 | -€2,182 | -11.3% |
| Deferred charges and accrued income | 490/1 | €11,924 | €11,924 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,137,126 | €2,111,478 | -€25,648 | -1.2% |
| Equity | 10/15 | €1,267,205 | €1,264,116 | -€3,089 | -0.2% |
| Contributions | 10/11 | €272,700 | €272,700 | = | 0.0% |
| Capital | 10 | €272,700 | €272,700 | = | 0.0% |
| Issued capital | 100 | €272,700 | €272,700 | = | 0.0% |
| Reserves | 13 | €993,145 | €989,993 | -€3,152 | -0.3% |
| Non-distributable reserves | 130/1 | €19,943 | €20,861 | +€918 | +4.6% |
| Legal reserve | 130 | €19,943 | €20,861 | +€918 | +4.6% |
| Tax-exempt reserves | 132 | €557,702 | €537,832 | -€19,870 | -3.6% |
| Distributable reserves | 133 | €415,500 | €431,300 | +€15,800 | +3.8% |
| Profit (loss) carried forward | 14 | €1,361 | €1,423 | +€63 | +4.6% |
| Provisions and deferred taxes | 16 | €185,901 | €179,637 | -€6,263 | -3.4% |
| Deferred taxes | 168 | €185,901 | €179,637 | -€6,263 | -3.4% |
| Amounts payable | 17/49 | €684,020 | €667,724 | -€16,295 | -2.4% |
| Amounts payable after more than one year | 17 | €402,143 | €358,077 | -€44,066 | -11.0% |
| Financial debts | 170/4 | €402,143 | €358,077 | -€44,066 | -11.0% |
| Amounts payable within one year | 42/48 | €273,407 | €301,488 | +€28,081 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €42,857 | €44,066 | +€1,208 | +2.8% |
| Trade debts | 44 | €12,437 | €4,620 | -€7,817 | -62.9% |
| Suppliers | 440/4 | €12,437 | €4,620 | -€7,817 | -62.9% |
| Taxes, remuneration and social security | 45 | €46,013 | €13,732 | -€32,281 | -70.2% |
| Taxes | 450/3 | €46,013 | €13,732 | -€32,281 | -70.2% |
| Other amounts payable | 47/48 | €172,099 | €239,071 | +€66,971 | +38.9% |
| Accrued charges and deferred income | 492/3 | €8,470 | €8,159 | -€311 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,792 | €64,482 | -€7,309 | -10.2% |
| Other operating charges | 640/8 | €9,436 | €18,706 | +€9,270 | +98.2% |
| Gross operating margin | 9900 | €120,779 | €81,246 | -€39,533 | -32.7% |
| Operating profit (loss) | 9901 | €39,552 | -€1,942 | -€41,494 | |
| Financial income | 75/76B | €401,111 | €13,316 | -€387,795 | -96.7% |
| Recurring financial income | 75 | €401,111 | €28 | -€401,083 | -100.0% |
| Non-recurring financial income | 76B | €401,111 | €13,288 | -€387,823 | -96.7% |
| Financial charges | 65/66B | €28,058 | €10,873 | -€17,185 | -61.2% |
| Recurring financial charges | 65 | €28,058 | €10,873 | -€17,185 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €412,604 | €500 | -€412,104 | -99.9% |
| Transfer from deferred taxes | 780 | €6,542 | €6,263 | -€279 | -4.3% |
| Income taxes | 67/77 | €139,050 | €9,853 | -€129,197 | -92.9% |
| Profit (loss) for the period | 9904 | €280,097 | -€3,089 | -€283,186 | |
| Transfer from tax-exempt reserves | 789 | €19,626 | €19,870 | +€244 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €299,723 | €16,781 | -€282,942 | -94.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.