IMMOKJ: 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.
IMMOKJ
Largest movements
- Tangible fixed assets +€65,298
up €65,298 (+13.6%), from €479,701 to €544,999
of which Land and buildings: +€70,932
- Cash -€44,550
down €44,550 (-58.9%), from €75,671 to €31,120
mainly Investment in fixed assets (net) (-€109,075) and Net result for the year (-€107,428)
- Intangible fixed assets -€27,165
down €27,165 (-10.3%), from €264,821 to €237,656
- Reserves -€106,500
down €106,500 (-34.6%), from €307,500 to €201,000
- Debts after one year +€78,322
up €78,322 (+16.3%), from €480,160 to €558,482
- Trade debts +€10,839
up €10,839 (+68.1%), from €15,909 to €26,748
- Staff costs +€94,582
up €94,582 (+251.2%), from €37,645 to €132,227
- Gross operating margin +€90,764
up €90,764 (+226.9%), from €40,006 to €130,771
- Depreciation +€56,047
up €56,047 (+376.3%), from €14,895 to €70,942
- Financial charges +€14,468
up €14,468 (+304.7%), from €4,749 to €19,217
- Other operating charges +€11,980
up €11,980 (+503.6%), from €2,379 to €14,359
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 | €937,249 | €926,520 | -€10,729 | -1.1% |
| Fixed assets | 21/28 | €746,122 | €784,255 | +€38,133 | +5.1% |
| Intangible fixed assets | 21 | €264,821 | €237,656 | -€27,165 | -10.3% |
| Tangible fixed assets | 22/27 | €479,701 | €544,999 | +€65,298 | +13.6% |
| Land and buildings | 22 | €445,050 | €515,981 | +€70,932 | +15.9% |
| Furniture and vehicles | 24 | €34,651 | €29,018 | -€5,634 | -16.3% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €191,128 | €142,265 | -€48,862 | -25.6% |
| Amounts receivable within one year | 40/41 | €115,457 | €111,145 | -€4,312 | -3.7% |
| Trade receivables | 40 | €45,253 | €31,330 | -€13,923 | -30.8% |
| Other amounts receivable | 41 | €70,204 | €79,815 | +€9,611 | +13.7% |
| Cash at bank and in hand | 54/58 | €75,671 | €31,120 | -€44,550 | -58.9% |
| Total equity and liabilities | 10/49 | €937,249 | €926,520 | -€10,729 | -1.1% |
| Equity | 10/15 | €333,645 | €226,217 | -€107,428 | -32.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €307,500 | €201,000 | -€106,500 | -34.6% |
| Distributable reserves | 133 | €307,500 | €201,000 | -€106,500 | -34.6% |
| Profit (loss) carried forward | 14 | €1,145 | €217 | -€928 | -81.0% |
| Amounts payable | 17/49 | €603,604 | €700,303 | +€96,699 | +16.0% |
| Amounts payable after more than one year | 17 | €480,160 | €558,482 | +€78,322 | +16.3% |
| Financial debts | 170/4 | €480,160 | €558,482 | +€78,322 | +16.3% |
| Amounts payable within one year | 42/48 | €120,633 | €137,527 | +€16,894 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €17,060 | €21,124 | +€4,064 | +23.8% |
| Financial debts | 43 | - | €3,750 | +€3,750 | |
| Credit institutions | 430/8 | - | €3,750 | +€3,750 | |
| Trade debts | 44 | €15,909 | €26,748 | +€10,839 | +68.1% |
| Suppliers | 440/4 | €15,909 | €26,748 | +€10,839 | +68.1% |
| Taxes, remuneration and social security | 45 | €13,025 | €11,122 | -€1,903 | -14.6% |
| Taxes | 450/3 | €525 | €2,591 | +€2,066 | +393.6% |
| Remuneration and social security | 454/9 | €12,500 | €8,530 | -€3,969 | -31.8% |
| Other amounts payable | 47/48 | €74,640 | €74,783 | +€143 | +0.2% |
| Accrued charges and deferred income | 492/3 | €2,811 | €4,294 | +€1,483 | +52.8% |
| Remuneration, social security and pensions | 62 | €37,645 | €132,227 | +€94,582 | +251.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,895 | €70,942 | +€56,047 | +376.3% |
| Other operating charges | 640/8 | €2,379 | €14,359 | +€11,980 | +503.6% |
| Gross operating margin | 9900 | €40,006 | €130,771 | +€90,764 | +226.9% |
| Operating profit (loss) | 9901 | -€14,912 | -€86,758 | -€71,846 | -481.8% |
| Financial charges | 65/66B | €4,749 | €19,217 | +€14,468 | +304.7% |
| Recurring financial charges | 65 | €4,749 | €19,217 | +€14,468 | +304.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,661 | -€105,975 | -€86,314 | -439.0% |
| Income taxes | 67/77 | - | €1,453 | +€1,453 | |
| Profit (loss) for the period | 9904 | -€19,661 | -€107,428 | -€87,767 | -446.4% |
| Transfer from tax-exempt reserves | 789 | €16,910 | €0 | -€16,910 | -100.0% |
| Transfer to tax-exempt reserves | 689 | €16,910 | €0 | -€16,910 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,661 | -€107,428 | -€87,767 | -446.4% |
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 10 October 2026 via checked.be.