IMMO RKG: 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 RKG
Largest movements
- Tangible fixed assets -€26,683
down €26,683 (-20.1%), from €132,915 to €106,233
of which Furniture and vehicles: -€26,679
- Cash -€9,509
down €9,509 (-15.5%), from €61,249 to €51,739
mainly Current portion of long-term debt (-€18,075) and Net result for the year (-€13,846)
- Current portion of long-term debt -€18,075
down €18,075 (-83.2%), from €21,733 to €3,658
- Profit (loss) carried forward -€13,846
down €13,846 (-93.4%), from -€14,821 to -€28,668
- Debts after one year -€3,658
no longer reported in 2025 (was €3,658)
- Trade debts -€3,112
down €3,112 (-57.7%), from €5,390 to €2,278
- Gross operating margin +€32,656
up €32,656, from -€5,375 to €27,280
- Financial charges -€2,064
down €2,064 (-66.6%), from €3,098 to €1,034
- Other operating charges +€1,704
up €1,704 (+32.5%), from €5,242 to €6,946
- Depreciation +€501
up €501 (+1.5%), from €32,645 to €33,146
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 | €195,865 | €158,848 | -€37,017 | -18.9% |
| Fixed assets | 21/28 | €132,915 | €106,233 | -€26,683 | -20.1% |
| Tangible fixed assets | 22/27 | €132,915 | €106,233 | -€26,683 | -20.1% |
| Land and buildings | 22 | €34,042 | €33,941 | -€101 | -0.3% |
| Plant, machinery and equipment | 23 | €42,952 | €43,050 | +€97 | +0.2% |
| Furniture and vehicles | 24 | €55,920 | €29,242 | -€26,679 | -47.7% |
| Current assets | 29/58 | €62,950 | €52,615 | -€10,334 | -16.4% |
| Amounts receivable within one year | 40/41 | €947 | - | -€947 | |
| Trade receivables | 40 | €947 | - | -€947 | |
| Cash at bank and in hand | 54/58 | €61,249 | €51,739 | -€9,509 | -15.5% |
| Deferred charges and accrued income | 490/1 | €754 | €876 | +€122 | +16.2% |
| Total equity and liabilities | 10/49 | €195,865 | €158,848 | -€37,017 | -18.9% |
| Equity | 10/15 | €121,524 | €107,678 | -€13,846 | -11.4% |
| Contributions | 10/11 | €123,950 | €123,950 | = | 0.0% |
| Capital | 10 | €123,950 | €123,950 | = | 0.0% |
| Issued capital | 100 | €123,950 | €123,950 | = | 0.0% |
| Reserves | 13 | €12,395 | €12,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,821 | -€28,668 | -€13,846 | -93.4% |
| Amounts payable | 17/49 | €74,340 | €51,170 | -€23,170 | -31.2% |
| Amounts payable after more than one year | 17 | €3,658 | - | -€3,658 | |
| Financial debts | 170/4 | €3,658 | - | -€3,658 | |
| Amounts payable within one year | 42/48 | €70,682 | €51,170 | -€19,512 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €21,733 | €3,658 | -€18,075 | -83.2% |
| Trade debts | 44 | €5,390 | €2,278 | -€3,112 | -57.7% |
| Suppliers | 440/4 | €5,390 | €2,278 | -€3,112 | -57.7% |
| Taxes, remuneration and social security | 45 | €1,852 | €2,291 | +€439 | +23.7% |
| Taxes | 450/3 | €1,852 | €2,291 | +€439 | +23.7% |
| Other amounts payable | 47/48 | €41,707 | €42,943 | +€1,235 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,645 | €33,146 | +€501 | +1.5% |
| Other operating charges | 640/8 | €5,242 | €6,946 | +€1,704 | +32.5% |
| Gross operating margin | 9900 | -€5,375 | €27,280 | +€32,656 | |
| Operating profit (loss) | 9901 | -€43,262 | -€12,812 | +€30,450 | +70.4% |
| Financial charges | 65/66B | €3,098 | €1,034 | -€2,064 | -66.6% |
| Recurring financial charges | 65 | €3,098 | €1,034 | -€2,064 | -66.6% |
| Profit (loss) for the period before taxes | 9903 | -€46,360 | -€13,846 | +€32,514 | +70.1% |
| Profit (loss) for the period | 9904 | -€46,360 | -€13,846 | +€32,514 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,360 | -€13,846 | +€32,514 | +70.1% |
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 20 October 2026 via checked.be.