KOKIMA IMMO: 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.
KOKIMA IMMO
Largest movements
- Tangible fixed assets -€31,667
down €31,667 (-3.3%), from €947,145 to €915,478
- Debts after one year -€59,899
down €59,899 (-8.7%), from €685,185 to €625,285
- Current portion of long-term debt +€52,969
new in 2025: €52,969
- Short-term financial debts -€48,105
down €48,105 (-81.5%), from €58,999 to €10,893
of which Credit institutions: -€48,226
- Reserves +€16,514
up €16,514 (+110%), from €15,075 to €31,589
- Taxes +€2,936
up €2,936 (+52.3%), from €5,617 to €8,553
- Gross operating margin +€2,752
up €2,752 (+4.1%), from €67,157 to €69,909
- Financial charges -€1,653
down €1,653 (-12.0%), from €13,769 to €12,116
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 | €948,753 | €915,478 | -€33,275 | -3.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €947,145 | €915,478 | -€31,667 | -3.3% |
| Tangible fixed assets | 22/27 | €947,145 | €915,478 | -€31,667 | -3.3% |
| Land and buildings | 22 | €947,145 | €915,478 | -€31,667 | -3.3% |
| Current assets | 29/58 | €1,608 | - | -€1,608 | |
| Cash at bank and in hand | 54/58 | €1,608 | - | -€1,608 | |
| Total equity and liabilities | 10/49 | €948,753 | €915,478 | -€33,275 | -3.5% |
| Equity | 10/15 | €189,463 | €205,977 | +€16,514 | +8.7% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €15,075 | €31,589 | +€16,514 | +110% |
| Distributable reserves | 133 | €15,075 | €31,589 | +€16,514 | +110% |
| Profit (loss) carried forward | 14 | -€5,612 | -€5,612 | = | 0.0% |
| Amounts payable | 17/49 | €759,290 | €709,501 | -€49,789 | -6.6% |
| Amounts payable after more than one year | 17 | €685,185 | €625,285 | -€59,899 | -8.7% |
| Financial debts | 170/4 | €685,185 | €625,285 | -€59,899 | -8.7% |
| Amounts payable within one year | 42/48 | €74,105 | €84,216 | +€10,111 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | - | €52,969 | +€52,969 | |
| Financial debts | 43 | €58,999 | €10,893 | -€48,105 | -81.5% |
| Credit institutions | 430/8 | €52,188 | €3,963 | -€48,226 | -92.4% |
| Other loans | 439 | €6,810 | €6,930 | +€120 | +1.8% |
| Trade debts | 44 | - | €337 | +€337 | |
| Suppliers | 440/4 | - | €337 | +€337 | |
| Taxes, remuneration and social security | 45 | €5,617 | €8,341 | +€2,724 | +48.5% |
| Taxes | 450/3 | €5,617 | €8,341 | +€2,724 | +48.5% |
| Other amounts payable | 47/48 | €9,490 | €11,675 | +€2,186 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,667 | €31,667 | = | 0.0% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | €67,157 | €69,909 | +€2,752 | +4.1% |
| Operating profit (loss) | 9901 | €34,460 | €37,182 | +€2,722 | +7.9% |
| Financial charges | 65/66B | €13,769 | €12,116 | -€1,653 | -12.0% |
| Recurring financial charges | 65 | €13,769 | €12,116 | -€1,653 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €20,692 | €25,066 | +€4,375 | +21.1% |
| Income taxes | 67/77 | €5,617 | €8,553 | +€2,936 | +52.3% |
| Profit (loss) for the period | 9904 | €15,075 | €16,514 | +€1,439 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,075 | €16,514 | +€1,439 | +9.5% |
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 15 October 2026 via checked.be.