KUNA 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.
KUNA IMMO
Largest movements
- Tangible fixed assets -€73,004
down €73,004 (-4.0%), from €1.8m to €1.7m
of which Land and buildings: -€72,624
- Receivables within one year +€20,678
up €20,678 (+14.7%), from €140,248 to €160,926
- Profit (loss) carried forward -€39,625
down €39,625 (-18.5%), from -€214,288 to -€253,913
- Gross operating margin +€4,757
up €4,757 (+13.6%), from €34,917 to €39,675
- Other operating charges +€1,735
up €1,735 (+41.4%), from €4,187 to €5,921
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 | €1,952,589 | €1,900,350 | -€52,239 | -2.7% |
| Fixed assets | 21/28 | €1,812,260 | €1,739,256 | -€73,004 | -4.0% |
| Tangible fixed assets | 22/27 | €1,812,260 | €1,739,256 | -€73,004 | -4.0% |
| Land and buildings | 22 | €1,811,824 | €1,739,200 | -€72,624 | -4.0% |
| Plant, machinery and equipment | 23 | €436 | €56 | -€380 | -87.1% |
| Current assets | 29/58 | €140,330 | €161,094 | +€20,765 | +14.8% |
| Amounts receivable within one year | 40/41 | €140,248 | €160,926 | +€20,678 | +14.7% |
| Other amounts receivable | 41 | €140,248 | €160,926 | +€20,678 | +14.7% |
| Cash at bank and in hand | 54/58 | €81 | €169 | +€87 | +107% |
| Total equity and liabilities | 10/49 | €1,952,589 | €1,900,350 | -€52,239 | -2.7% |
| Equity | 10/15 | -€114,288 | -€153,913 | -€39,625 | -34.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,288 | -€253,913 | -€39,625 | -18.5% |
| Amounts payable | 17/49 | €2,066,878 | €2,054,264 | -€12,614 | -0.6% |
| Amounts payable after more than one year | 17 | €2,058,118 | €2,050,921 | -€7,197 | -0.3% |
| Other amounts payable | 178/9 | €2,058,118 | €2,050,921 | -€7,197 | -0.3% |
| Amounts payable within one year | 42/48 | €8,760 | €3,343 | -€5,417 | -61.8% |
| Trade debts | 44 | €8,760 | €3,343 | -€5,417 | -61.8% |
| Suppliers | 440/4 | €8,760 | €3,343 | -€5,417 | -61.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,834 | €73,004 | +€169 | +0.2% |
| Other operating charges | 640/8 | €4,187 | €5,921 | +€1,735 | +41.4% |
| Gross operating margin | 9900 | €34,917 | €39,675 | +€4,757 | +13.6% |
| Operating profit (loss) | 9901 | -€42,104 | -€39,250 | +€2,854 | +6.8% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €304 | €378 | +€74 | +24.4% |
| Recurring financial charges | 65 | €304 | €378 | +€74 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | -€42,408 | -€39,625 | +€2,782 | +6.6% |
| Profit (loss) for the period | 9904 | -€42,408 | -€39,625 | +€2,782 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,408 | -€39,625 | +€2,782 | +6.6% |
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 16 October 2026 via checked.be.