KOBBIMMO: 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.
KOBBIMMO
Largest movements
- Tangible fixed assets -€46,860
down €46,860 (-4.3%), from €1.1m to €1.0m
- Other debts -€22,955
down €22,955 (-14.7%), from €155,910 to €132,955
- Current portion of long-term debt -€16,066
down €16,066 (-66.2%), from €24,271 to €8,205
- Gross operating margin -€4,287
down €4,287 (-5.3%), from €80,169 to €75,882
- Taxes -€1,182
down €1,182 (-16.0%), from €7,401 to €6,219
- Depreciation +€1,140
up €1,140 (+2.3%), from €50,568 to €51,709
- Other operating charges -€948
down €948 (-7.1%), from €13,393 to €12,445
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 | €1,089,027 | €1,039,711 | -€49,316 | -4.5% |
| Fixed assets | 21/28 | €1,081,358 | €1,034,499 | -€46,860 | -4.3% |
| Tangible fixed assets | 22/27 | €1,081,358 | €1,034,499 | -€46,860 | -4.3% |
| Land and buildings | 22 | €1,081,358 | €1,034,499 | -€46,860 | -4.3% |
| Current assets | 29/58 | €7,669 | €5,213 | -€2,456 | -32.0% |
| Cash at bank and in hand | 54/58 | €7,669 | €3,571 | -€4,097 | -53.4% |
| Deferred charges and accrued income | 490/1 | - | €1,641 | +€1,641 | |
| Total equity and liabilities | 10/49 | €1,089,027 | €1,039,711 | -€49,316 | -4.5% |
| Equity | 10/15 | €878,657 | €883,403 | +€4,747 | +0.5% |
| Contributions | 10/11 | €411,503 | €411,503 | = | 0.0% |
| Capital | 10 | €411,503 | €411,503 | = | 0.0% |
| Issued capital | 100 | €411,503 | €411,503 | = | 0.0% |
| Reserves | 13 | €467,153 | €471,900 | +€4,747 | +1.0% |
| Non-distributable reserves | 130/1 | €4,115 | €4,115 | = | 0.0% |
| Legal reserve | 130 | €4,115 | €4,115 | = | 0.0% |
| Tax-exempt reserves | 132 | €325,785 | €313,381 | -€12,404 | -3.8% |
| Distributable reserves | 133 | €137,253 | €154,404 | +€17,151 | +12.5% |
| Amounts payable | 17/49 | €210,371 | €156,308 | -€54,063 | -25.7% |
| Amounts payable after more than one year | 17 | €9,122 | €917 | -€8,205 | -89.9% |
| Financial debts | 170/4 | €8,205 | - | -€8,205 | |
| Other amounts payable | 178/9 | €917 | €917 | = | 0.0% |
| Amounts payable within one year | 42/48 | €201,249 | €155,391 | -€45,858 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €24,271 | €8,205 | -€16,066 | -66.2% |
| Trade debts | 44 | €11,029 | €5,353 | -€5,676 | -51.5% |
| Suppliers | 440/4 | €11,029 | €5,353 | -€5,676 | -51.5% |
| Taxes, remuneration and social security | 45 | €10,039 | €8,879 | -€1,160 | -11.6% |
| Taxes | 450/3 | €10,039 | €8,879 | -€1,160 | -11.6% |
| Other amounts payable | 47/48 | €155,910 | €132,955 | -€22,955 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,568 | €51,709 | +€1,140 | +2.3% |
| Other operating charges | 640/8 | €13,393 | €12,445 | -€948 | -7.1% |
| Non-recurring operating charges | 66A | €263 | - | -€263 | |
| Gross operating margin | 9900 | €80,169 | €75,882 | -€4,287 | -5.3% |
| Operating profit (loss) | 9901 | €15,945 | €11,729 | -€4,217 | -26.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,271 | €763 | -€508 | -40.0% |
| Recurring financial charges | 65 | €1,271 | €763 | -€508 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €14,675 | €10,966 | -€3,709 | -25.3% |
| Transfer from deferred taxes | 780 | €3,669 | - | -€3,669 | |
| Income taxes | 67/77 | €7,401 | €6,219 | -€1,182 | -16.0% |
| Profit (loss) for the period | 9904 | €10,943 | €4,747 | -€6,197 | -56.6% |
| Transfer from tax-exempt reserves | 789 | €8,735 | €12,404 | +€3,669 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,678 | €17,151 | -€2,527 | -12.8% |
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 29 September 2026 via checked.be.