IMMO KUST: what changed
Two fiscal 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 KUST
Largest movements
- Tangible fixed assets +€48,230
up €48,230 (+426.0%), from €11,322 to €59,552
- Receivables within one year +€25,423
up €25,423 (+99.6%), from €25,519 to €50,942
- Cash -€11,031
down €11,031 (-95.5%), from €11,556 to €525
mainly Investment in fixed assets (net) (-€49,479) and Receivables within one year (-€25,423)
- Other debts +€55,000
new in 2024: €55,000
- Profit (loss) carried forward +€6,516
up €6,516 (+6.6%), from -€99,403 to -€92,887
- Gross operating margin +€8,323
up €8,323 (+222.2%), from €3,745 to €12,068
- Depreciation -€2,588
down €2,588 (-67.5%), from €3,837 to €1,249
- Other operating charges +€143
up €143 (+3.5%), from €4,136 to €4,279
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.
Cash bridge derived
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 | €49,330 | €111,019 | +€61,689 | +125.1% |
| Fixed assets | 21/28 | €11,322 | €59,552 | +€48,230 | +426.0% |
| Tangible fixed assets | 22/27 | €11,322 | €59,552 | +€48,230 | +426.0% |
| Land and buildings | 22 | €11,322 | €59,552 | +€48,230 | +426.0% |
| Current assets | 29/58 | €38,008 | €51,467 | +€13,459 | +35.4% |
| Amounts receivable within one year | 40/41 | €25,519 | €50,942 | +€25,423 | +99.6% |
| Other amounts receivable | 41 | €25,519 | €50,942 | +€25,423 | +99.6% |
| Cash at bank and in hand | 54/58 | €11,556 | €525 | -€11,031 | -95.5% |
| Deferred charges and accrued income | 490/1 | €933 | - | -€933 | |
| Total equity and liabilities | 10/49 | €49,330 | €111,019 | +€61,689 | +125.1% |
| Equity | 10/15 | €48,093 | €54,609 | +€6,516 | +13.5% |
| Contributions | 10/11 | €147,497 | €147,497 | = | 0.0% |
| Capital | 10 | €147,497 | €147,497 | = | 0.0% |
| Issued capital | 100 | €147,497 | €147,497 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,403 | -€92,887 | +€6,516 | +6.6% |
| Amounts payable | 17/49 | €1,236 | €56,409 | +€55,173 | +4462.2% |
| Amounts payable within one year | 42/48 | €1,236 | €56,137 | +€54,901 | +4440.2% |
| Trade debts | 44 | €605 | €605 | = | 0.0% |
| Suppliers | 440/4 | €605 | €605 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €631 | €532 | -€99 | -15.7% |
| Taxes | 450/3 | €631 | €532 | -€99 | -15.7% |
| Other amounts payable | 47/48 | - | €55,000 | +€55,000 | |
| Accrued charges and deferred income | 492/3 | - | €272 | +€272 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,837 | €1,249 | -€2,588 | -67.5% |
| Other operating charges | 640/8 | €4,136 | €4,279 | +€143 | +3.5% |
| Gross operating margin | 9900 | €3,745 | €12,068 | +€8,323 | +222.2% |
| Operating profit (loss) | 9901 | -€4,227 | €6,540 | +€10,767 | |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,251 | €6,516 | +€10,767 | |
| Profit (loss) for the period | 9904 | -€4,251 | €6,516 | +€10,767 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,251 | €6,516 | +€10,767 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.