IMMO KS: 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 KS
Largest movements
- Tangible fixed assets -€21,678
down €21,678 (-17.0%), from €127,240 to €105,563
of which Land and buildings: -€31,484
- Cash -€3,773
down €3,773 (-4.4%), from €85,597 to €81,823
mainly Debts after one year (-€17,187) and Net result for the year (-€6,364)
- Receivables within one year +€3,533
up €3,533 (+68.3%), from €5,169 to €8,701
of which Trade receivables: +€3,533
- Debts after one year -€17,187
down €17,187 (-37.8%), from €45,434 to €28,248
- Profit (loss) carried forward -€6,364
down €6,364 (-79.1%), from €8,049 to €1,685
- Tax, wage and social debts -€4,475
down €4,475 (-50.7%), from €8,826 to €4,351
of which Taxes: -€4,467
- Other debts +€3,577
up €3,577 (+13.6%), from €26,215 to €29,791
- Trade debts +€2,373
up €2,373 (+28.1%), from €8,445 to €10,818
- Gross operating margin +€40,447
up €40,447, from -€25,905 to €14,542
- Other operating charges -€3,910
down €3,910 (-44.8%), from €8,732 to €4,821
- Financial charges +€1,214
up €1,214 (+29.9%), from €4,061 to €5,275
- Depreciation -€449
down €449 (-4.1%), from €10,905 to €10,456
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.
Cash bridge derived
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 | €227,546 | €203,640 | -€23,906 | -10.5% |
| Fixed assets | 21/28 | €129,659 | €107,019 | -€22,641 | -17.5% |
| Intangible fixed assets | 21 | €2,319 | €1,356 | -€963 | -41.5% |
| Tangible fixed assets | 22/27 | €127,240 | €105,563 | -€21,678 | -17.0% |
| Land and buildings | 22 | €116,106 | €84,622 | -€31,484 | -27.1% |
| Plant, machinery and equipment | 23 | €421 | €202 | -€219 | -52.0% |
| Furniture and vehicles | 24 | €1,799 | €6,618 | +€4,819 | +267.8% |
| Other tangible fixed assets | 26 | €8,914 | €14,121 | +€5,207 | +58.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €97,887 | €96,621 | -€1,265 | -1.3% |
| Amounts receivable within one year | 40/41 | €5,169 | €8,701 | +€3,533 | +68.3% |
| Trade receivables | 40 | €5,169 | €8,701 | +€3,533 | +68.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €85,597 | €81,823 | -€3,773 | -4.4% |
| Deferred charges and accrued income | 490/1 | €7,121 | €6,097 | -€1,025 | -14.4% |
| Total equity and liabilities | 10/49 | €227,546 | €203,640 | -€23,906 | -10.5% |
| Equity | 10/15 | €119,609 | €113,245 | -€6,364 | -5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,360 | €105,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €105,360 | €105,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,049 | €1,685 | -€6,364 | -79.1% |
| Amounts payable | 17/49 | €107,937 | €90,395 | -€17,542 | -16.3% |
| Amounts payable after more than one year | 17 | €45,434 | €28,248 | -€17,187 | -37.8% |
| Financial debts | 170/4 | €45,434 | €28,248 | -€17,187 | -37.8% |
| Amounts payable within one year | 42/48 | €60,328 | €62,147 | +€1,819 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €16,842 | €17,187 | +€345 | +2.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,445 | €10,818 | +€2,373 | +28.1% |
| Suppliers | 440/4 | €8,445 | €10,818 | +€2,373 | +28.1% |
| Taxes, remuneration and social security | 45 | €8,826 | €4,351 | -€4,475 | -50.7% |
| Taxes | 450/3 | €6,826 | €2,359 | -€4,467 | -65.4% |
| Remuneration and social security | 454/9 | €2,000 | €1,992 | -€8 | -0.4% |
| Other amounts payable | 47/48 | €26,215 | €29,791 | +€3,577 | +13.6% |
| Accrued charges and deferred income | 492/3 | €2,175 | €0 | -€2,175 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,905 | €10,456 | -€449 | -4.1% |
| Other operating charges | 640/8 | €8,732 | €4,821 | -€3,910 | -44.8% |
| Gross operating margin | 9900 | -€25,905 | €14,542 | +€40,447 | |
| Operating profit (loss) | 9901 | -€45,542 | -€735 | +€44,807 | +98.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,061 | €5,275 | +€1,214 | +29.9% |
| Recurring financial charges | 65 | €4,061 | €5,275 | +€1,214 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | -€49,603 | -€6,010 | +€43,592 | +87.9% |
| Income taxes | 67/77 | €334 | €354 | +€20 | +6.1% |
| Profit (loss) for the period | 9904 | -€49,936 | -€6,364 | +€43,572 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,936 | -€6,364 | +€43,572 | +87.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.