IMMOKASA: 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.
IMMOKASA
Largest movements
- Tangible fixed assets -€6,200
no longer reported in 2025 (was €6,200)
- Cash -€5,673
down €5,673 (-36.0%), from €15,768 to €10,095
mainly Net result for the year (-€10,285) and Other debts (-€1,412)
- Profit (loss) carried forward -€10,285
down €10,285 (-12.0%), from -€85,875 to -€96,160
- Other debts -€1,412
down €1,412 (-1.6%), from €86,206 to €84,794
- Gross operating margin +€1,599
up €1,599 (+29.5%), from -€5,417 to -€3,818
- Financial charges +€118
new in 2025: €118
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 | €23,930 | €12,260 | -€11,670 | -48.8% |
| Fixed assets | 21/28 | €6,875 | €675 | -€6,200 | -90.2% |
| Tangible fixed assets | 22/27 | €6,200 | - | -€6,200 | |
| Furniture and vehicles | 24 | €6,200 | - | -€6,200 | |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €17,055 | €11,585 | -€5,470 | -32.1% |
| Amounts receivable within one year | 40/41 | €1,287 | €1,490 | +€203 | +15.8% |
| Other amounts receivable | 41 | €1,287 | €1,490 | +€203 | +15.8% |
| Cash at bank and in hand | 54/58 | €15,768 | €10,095 | -€5,673 | -36.0% |
| Total equity and liabilities | 10/49 | €23,930 | €12,260 | -€11,670 | -48.8% |
| Equity | 10/15 | -€63,875 | -€74,160 | -€10,285 | -16.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,875 | -€96,160 | -€10,285 | -12.0% |
| Amounts payable | 17/49 | €87,805 | €86,420 | -€1,385 | -1.6% |
| Amounts payable within one year | 42/48 | €87,805 | €86,420 | -€1,385 | -1.6% |
| Trade debts | 44 | €1,599 | €1,626 | +€27 | +1.7% |
| Suppliers | 440/4 | €1,599 | €1,626 | +€27 | +1.7% |
| Other amounts payable | 47/48 | €86,206 | €84,794 | -€1,412 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,200 | €6,200 | = | 0.0% |
| Other operating charges | 640/8 | €149 | €149 | = | 0.0% |
| Gross operating margin | 9900 | -€5,417 | -€3,818 | +€1,599 | +29.5% |
| Operating profit (loss) | 9901 | -€11,766 | -€10,167 | +€1,599 | +13.6% |
| Financial charges | 65/66B | - | €118 | +€118 | |
| Recurring financial charges | 65 | - | €118 | +€118 | |
| Profit (loss) for the period before taxes | 9903 | -€11,766 | -€10,285 | +€1,481 | +12.6% |
| Profit (loss) for the period | 9904 | -€11,766 | -€10,285 | +€1,481 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,766 | -€10,285 | +€1,481 | +12.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.