Immo Kronenhoek: 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 Kronenhoek
Largest movements
- Stocks and contracts -€229,249
down €229,249 (-11.6%), from €2.0m to €1.7m
- Current portion of long-term debt -€200,000
down €200,000 (-24.8%), from €805,000 to €605,000
- Profit (loss) carried forward -€75,583
down €75,583 (-29.4%), from -€257,423 to -€333,006
- Other debts +€35,000
up €35,000 (+140%), from €25,000 to €60,000
- Gross operating margin -€26,265
down €26,265 (-260%), from -€10,120 to -€36,385
- Financial charges -€9,427
down €9,427 (-22.6%), from €41,697 to €32,271
- Depreciation -€626
down €626 (-24.1%), from €2,599 to €1,973
- Other operating charges -€476
down €476 (-8.8%), from €5,431 to €4,955
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 | €2,028,570 | €1,790,067 | -€238,502 | -11.8% |
| Fixed assets | 21/28 | €44,801 | €42,828 | -€1,973 | -4.4% |
| Tangible fixed assets | 22/27 | €44,801 | €42,828 | -€1,973 | -4.4% |
| Land and buildings | 22 | €44,801 | €42,828 | -€1,973 | -4.4% |
| Current assets | 29/58 | €1,983,769 | €1,747,239 | -€236,530 | -11.9% |
| Stocks and contracts in progress | 3 | €1,974,088 | €1,744,839 | -€229,249 | -11.6% |
| Stocks | 30/36 | €1,974,088 | €1,744,839 | -€229,249 | -11.6% |
| Amounts receivable within one year | 40/41 | €171 | - | -€171 | |
| Other amounts receivable | 41 | €171 | - | -€171 | |
| Cash at bank and in hand | 54/58 | €9,510 | €2,400 | -€7,109 | -74.8% |
| Total equity and liabilities | 10/49 | €2,028,570 | €1,790,067 | -€238,502 | -11.8% |
| Equity | 10/15 | €1,196,838 | €1,121,255 | -€75,583 | -6.3% |
| Contributions | 10/11 | €1,074,864 | €1,074,864 | = | 0.0% |
| Reserves | 13 | €379,398 | €379,398 | = | 0.0% |
| Tax-exempt reserves | 132 | €379,398 | €379,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,423 | -€333,006 | -€75,583 | -29.4% |
| Amounts payable | 17/49 | €831,732 | €668,812 | -€162,920 | -19.6% |
| Amounts payable within one year | 42/48 | €831,704 | €667,641 | -€164,063 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €805,000 | €605,000 | -€200,000 | -24.8% |
| Trade debts | 44 | €1,704 | €2,641 | +€937 | +55.0% |
| Suppliers | 440/4 | €1,704 | €2,641 | +€937 | +55.0% |
| Other amounts payable | 47/48 | €25,000 | €60,000 | +€35,000 | +140% |
| Accrued charges and deferred income | 492/3 | €28 | €1,171 | +€1,143 | +4,101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,599 | €1,973 | -€626 | -24.1% |
| Other operating charges | 640/8 | €5,431 | €4,955 | -€476 | -8.8% |
| Gross operating margin | 9900 | -€10,120 | -€36,385 | -€26,265 | -260% |
| Operating profit (loss) | 9901 | -€18,150 | -€43,312 | -€25,163 | -139% |
| Financial charges | 65/66B | €41,697 | €32,271 | -€9,427 | -22.6% |
| Recurring financial charges | 65 | €41,697 | €32,271 | -€9,427 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | -€59,847 | -€75,583 | -€15,736 | -26.3% |
| Profit (loss) for the period | 9904 | -€59,847 | -€75,583 | -€15,736 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,847 | -€75,583 | -€15,736 | -26.3% |
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 29 October 2026 via checked.be.