KOGIMMO: 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.
What changed
KOGIMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€75,484
2024 · €209,576-€134,092
Equity
€6.6m
2024 · €6.5m+€75,484
Cash
€71,159
2024 · €94,926-€23,767
Balance sheet total
€8.2m
2024 · €8.5m-€318,026
Largest movements
Assets
- Tangible fixed assets -€232,511
down €232,511 (-3.3%), from €7.0m to €6.8m
of which Land and buildings: -€232,511
Equity and liabilities
- Debts after one year -€289,992
down €289,992 (-45.4%), from €639,229 to €349,237
- Profit (loss) carried forward +€116,066
up €116,066 (+5.3%), from €2.2m to €2.3m
Income statement
- Gross operating margin -€70,017
down €70,017 (-9.4%), from €743,247 to €673,230
- Taxes -€51,474
down €51,474 (-52.5%), from €97,967 to €46,493
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.
Result 2024
€209,576
Gross operating margin
-€70,017
Staff costs
+€1,134
Depreciation
+€2,859
Other operating charges
-€3,200
Other operating items
-€121,000
Financial income
+€331
Financial charges
+€4,327
Taxes
+€51,474
Result 2025
€75,484
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.
From operations
+€266,225
Investment
€0
Financing
-€289,992
Cash 2024
€94,926
From operations (derived)
+€266,225
Net result for the year
+€75,484
Depreciation
+€232,511
Receivables within one year
+€12,969
Deferred charges and accrued income
+€48,779
Provisions
-€57,478
Trade debts
+€4,011
Tax, wage and social debts
-€51,286
Accrued charges and deferred income
+€1,235
Financing
-€289,992
Debts after one year
-€289,992
Cash 2025
€71,159
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,488,676 | €8,170,650 | -€318,026 | -3.7% |
| Fixed assets | 21/28 | €6,985,190 | €6,752,679 | -€232,511 | -3.3% |
| Tangible fixed assets | 22/27 | €6,985,190 | €6,752,679 | -€232,511 | -3.3% |
| Land and buildings | 22 | €5,993,190 | €5,760,679 | -€232,511 | -3.9% |
| Other tangible fixed assets | 26 | €992,000 | €992,000 | = | 0.0% |
| Current assets | 29/58 | €1,503,486 | €1,417,971 | -€85,515 | -5.7% |
| Amounts receivable within one year | 40/41 | €1,347,814 | €1,334,845 | -€12,969 | -1.0% |
| Trade receivables | 40 | - | €312 | +€312 | |
| Other amounts receivable | 41 | €1,347,814 | €1,334,533 | -€13,281 | -1.0% |
| Cash at bank and in hand | 54/58 | €94,926 | €71,159 | -€23,767 | -25.0% |
| Deferred charges and accrued income | 490/1 | €60,746 | €11,967 | -€48,779 | -80.3% |
| Total equity and liabilities | 10/49 | €8,488,676 | €8,170,650 | -€318,026 | -3.7% |
| Equity | 10/15 | €6,509,317 | €6,584,801 | +€75,484 | +1.2% |
| Contributions | 10/11 | €2,354,988 | €2,354,988 | = | 0.0% |
| Capital | 10 | €2,354,988 | €2,354,988 | = | 0.0% |
| Issued capital | 100 | €2,354,988 | €2,354,988 | = | 0.0% |
| Revaluation surpluses | 12 | €158,720 | €158,720 | = | 0.0% |
| Reserves | 13 | €1,815,000 | €1,774,418 | -€40,582 | -2.2% |
| Non-distributable reserves | 130/1 | €124,908 | €131,017 | +€6,109 | +4.9% |
| Legal reserve | 130 | €124,908 | €131,017 | +€6,109 | +4.9% |
| Tax-exempt reserves | 132 | €1,690,092 | €1,643,401 | -€46,691 | -2.8% |
| Profit (loss) carried forward | 14 | €2,180,609 | €2,296,675 | +€116,066 | +5.3% |
| Provisions and deferred taxes | 16 | €936,377 | €878,899 | -€57,478 | -6.1% |
| Provisions for liabilities and charges | 160/5 | €624,296 | €578,605 | -€45,691 | -7.3% |
| Other liabilities and charges | 164/5 | €624,296 | €578,605 | -€45,691 | -7.3% |
| Deferred taxes | 168 | €312,081 | €300,294 | -€11,787 | -3.8% |
| Amounts payable | 17/49 | €1,042,982 | €706,950 | -€336,032 | -32.2% |
| Amounts payable after more than one year | 17 | €639,229 | €349,237 | -€289,992 | -45.4% |
| Financial debts | 170/4 | €639,229 | €349,237 | -€289,992 | -45.4% |
| Amounts payable within one year | 42/48 | €400,428 | €353,153 | -€47,275 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €289,992 | €289,992 | = | 0.0% |
| Trade debts | 44 | €7,176 | €11,187 | +€4,011 | +55.9% |
| Suppliers | 440/4 | €7,176 | €11,187 | +€4,011 | +55.9% |
| Taxes, remuneration and social security | 45 | €103,260 | €51,974 | -€51,286 | -49.7% |
| Taxes | 450/3 | €97,969 | €46,493 | -€51,476 | -52.5% |
| Remuneration and social security | 454/9 | €5,291 | €5,481 | +€190 | +3.6% |
| Accrued charges and deferred income | 492/3 | €3,325 | €4,560 | +€1,235 | +37.1% |
| Non-recurring operating income | 76A | €82,581 | €149,202 | +€66,621 | +80.7% |
| Remuneration, social security and pensions | 62 | €42,616 | €41,482 | -€1,134 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235,370 | €232,511 | -€2,859 | -1.2% |
| Other operating charges | 640/8 | €75,149 | €78,349 | +€3,200 | +4.3% |
| Non-recurring operating charges | 66A | - | €121,000 | +€121,000 | |
| Gross operating margin | 9900 | €743,247 | €673,230 | -€70,017 | -9.4% |
| Operating profit (loss) | 9901 | €390,112 | €199,888 | -€190,224 | -48.8% |
| Financial income | 75/76B | €205 | €536 | +€331 | +161.5% |
| Recurring financial income | 75 | €205 | €536 | +€331 | +161.5% |
| Financial charges | 65/66B | €94,561 | €90,234 | -€4,327 | -4.6% |
| Recurring financial charges | 65 | €94,561 | €90,234 | -€4,327 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €295,756 | €110,190 | -€185,566 | -62.7% |
| Transfer from deferred taxes | 780 | €11,787 | €11,787 | = | 0.0% |
| Income taxes | 67/77 | €97,967 | €46,493 | -€51,474 | -52.5% |
| Profit (loss) for the period | 9904 | €209,576 | €75,484 | -€134,092 | -64.0% |
| Transfer from tax-exempt reserves | 789 | €46,690 | €46,690 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €256,266 | €122,174 | -€134,092 | -52.3% |
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.