RK-IMMO: 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.
RK-IMMO
Largest movements
- Cash +€318,019
up €318,019 (+10628.8%), from €2,992 to €321,011
mainly Debts after one year (+€471,915) and Trade debts (+€78,230)
- Tangible fixed assets +€274,046
up €274,046 (+52.2%), from €525,355 to €799,401
of which Assets under construction and advance payments: +€291,571
- Debts after one year +€471,915
up €471,915 (+143.5%), from €328,903 to €800,818
- Trade debts +€78,230
up €78,230, from €0 to €78,230
- Current portion of long-term debt +€61,614
up €61,614 (+333.6%), from €18,471 to €80,085
- Profit (loss) carried forward -€44,457
down €44,457 (-30.6%), from -€145,297 to -€189,754
- Other debts +€20,801
up €20,801 (+6.4%), from €326,722 to €347,523
- Purchases and services -€17,312
no longer reported in 2025 (was €17,312)
- Financial charges -€6,575
down €6,575 (-39.6%), from €16,595 to €10,020
- Gross operating margin +€2,974
up €2,974 (+17.2%), from -€17,312 to -€14,338
- Other operating charges -€1,126
down €1,126 (-30.4%), from €3,701 to €2,574
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 | €531,798 | €1,121,933 | +€590,135 | +111.0% |
| Fixed assets | 21/28 | €526,646 | €800,693 | +€274,046 | +52.0% |
| Tangible fixed assets | 22/27 | €525,355 | €799,401 | +€274,046 | +52.2% |
| Land and buildings | 22 | €525,355 | €507,830 | -€17,525 | -3.3% |
| Assets under construction and advance payments | 27 | - | €291,571 | +€291,571 | |
| Financial fixed assets | 28 | €1,292 | €1,292 | = | 0.0% |
| Current assets | 29/58 | €5,152 | €321,240 | +€316,089 | +6135.3% |
| Amounts receivable within one year | 40/41 | €2,043 | €229 | -€1,814 | -88.8% |
| Trade receivables | 40 | - | €229 | +€229 | |
| Other amounts receivable | 41 | €2,043 | €0 | -€2,043 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,992 | €321,011 | +€318,019 | +10628.8% |
| Deferred charges and accrued income | 490/1 | €117 | €0 | -€117 | -100.0% |
| Total equity and liabilities | 10/49 | €531,798 | €1,121,933 | +€590,135 | +111.0% |
| Equity | 10/15 | -€142,297 | -€186,754 | -€44,457 | -31.2% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,297 | -€189,754 | -€44,457 | -30.6% |
| Amounts payable | 17/49 | €674,096 | €1,308,688 | +€634,592 | +94.1% |
| Amounts payable after more than one year | 17 | €328,903 | €800,818 | +€471,915 | +143.5% |
| Financial debts | 170/4 | €328,903 | €800,818 | +€471,915 | +143.5% |
| Amounts payable within one year | 42/48 | €345,193 | €507,870 | +€162,677 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €18,471 | €80,085 | +€61,614 | +333.6% |
| Trade debts | 44 | €0 | €78,230 | +€78,230 | |
| Suppliers | 440/4 | €0 | €78,230 | +€78,230 | |
| Taxes, remuneration and social security | 45 | - | €2,032 | +€2,032 | |
| Taxes | 450/3 | - | €2,032 | +€2,032 | |
| Other amounts payable | 47/48 | €326,722 | €347,523 | +€20,801 | +6.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,312 | - | -€17,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,525 | €17,525 | = | 0.0% |
| Other operating charges | 640/8 | €3,701 | €2,574 | -€1,126 | -30.4% |
| Gross operating margin | 9900 | -€17,312 | -€14,338 | +€2,974 | +17.2% |
| Operating profit (loss) | 9901 | -€38,537 | -€34,437 | +€4,100 | +10.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €16,595 | €10,020 | -€6,575 | -39.6% |
| Recurring financial charges | 65 | €16,595 | €10,020 | -€6,575 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | -€55,132 | -€44,457 | +€10,675 | +19.4% |
| Profit (loss) for the period | 9904 | -€55,132 | -€44,457 | +€10,675 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,132 | -€44,457 | +€10,675 | +19.4% |
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 9 October 2026 via checked.be.