IMMOKASTEL: 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.
IMMOKASTEL
Largest movements
- Cash -€20,639
down €20,639 (-26.1%), from €79,070 to €58,430
mainly Investment in fixed assets (net) (-€15,222) and Accrued charges and deferred income (-€12,000)
- Receivables within one year +€8,441
up €8,441 (+10.0%), from €84,209 to €92,650
- Accrued charges and deferred income -€12,000
down €12,000 (-6.2%), from €193,000 to €181,000
- Gross operating margin +€1,001
up €1,001 (+3.9%), from €25,575 to €26,576
- Depreciation -€864
down €864 (-5.0%), from €17,145 to €16,282
- Financial income -€512
down €512 (-79.0%), from €648 to €136
- Financial charges +€319
up €319 (+6.6%), from €4,853 to €5,173
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 | €515,999 | €497,614 | -€18,385 | -3.6% |
| Fixed assets | 21/28 | €233,822 | €232,762 | -€1,060 | -0.5% |
| Tangible fixed assets | 22/27 | €233,822 | €232,762 | -€1,060 | -0.5% |
| Land and buildings | 22 | €233,822 | €217,540 | -€16,282 | -7.0% |
| Assets under construction and advance payments | 27 | - | €15,222 | +€15,222 | |
| Current assets | 29/58 | €282,177 | €264,852 | -€17,325 | -6.1% |
| Amounts receivable within one year | 40/41 | €84,209 | €92,650 | +€8,441 | +10.0% |
| Other amounts receivable | 41 | €84,209 | €92,650 | +€8,441 | +10.0% |
| Cash at bank and in hand | 54/58 | €79,070 | €58,430 | -€20,639 | -26.1% |
| Deferred charges and accrued income | 490/1 | €118,898 | €113,772 | -€5,126 | -4.3% |
| Total equity and liabilities | 10/49 | €515,999 | €497,614 | -€18,385 | -3.6% |
| Equity | 10/15 | €302,237 | €300,118 | -€2,120 | -0.7% |
| Contributions | 10/11 | €320,025 | €320,025 | = | 0.0% |
| Capital | 10 | €320,025 | €320,025 | = | 0.0% |
| Issued capital | 100 | €320,025 | €320,025 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,288 | -€27,407 | -€2,120 | -8.4% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Environmental obligations | 163 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €198,762 | €182,497 | -€16,265 | -8.2% |
| Amounts payable within one year | 42/48 | €5,762 | €1,497 | -€4,265 | -74.0% |
| Trade debts | 44 | €550 | €597 | +€47 | +8.5% |
| Suppliers | 440/4 | €550 | €597 | +€47 | +8.5% |
| Taxes, remuneration and social security | 45 | €4,312 | - | -€4,312 | |
| Taxes | 450/3 | €4,312 | - | -€4,312 | |
| Other amounts payable | 47/48 | €900 | €900 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €193,000 | €181,000 | -€12,000 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,145 | €16,282 | -€864 | -5.0% |
| Other operating charges | 640/8 | €7,152 | €7,377 | +€225 | +3.1% |
| Gross operating margin | 9900 | €25,575 | €26,576 | +€1,001 | +3.9% |
| Operating profit (loss) | 9901 | €1,277 | €2,917 | +€1,639 | +128% |
| Financial income | 75/76B | €648 | €136 | -€512 | -79.0% |
| Recurring financial income | 75 | €648 | €136 | -€512 | -79.0% |
| Financial charges | 65/66B | €4,853 | €5,173 | +€319 | +6.6% |
| Recurring financial charges | 65 | €4,853 | €5,173 | +€319 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,928 | -€2,120 | +€808 | +27.6% |
| Profit (loss) for the period | 9904 | -€2,928 | -€2,120 | +€808 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,928 | -€2,120 | +€808 | +27.6% |
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 19 October 2026 via checked.be.