IMMO K.T.M.: 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.
IMMO K.T.M.
Largest movements
- Receivables within one year +€80,129
up €80,129 (+47.3%), from €169,270 to €249,399
- Reserves +€47,472
up €47,472 (+10.8%), from €438,550 to €486,022
of which Distributable reserves: +€47,472
- Other debts +€19,916
up €19,916 (+181%), from €11,009 to €30,925
- Staff costs +€7,092
up €7,092 (+13.8%), from €51,527 to €58,619
- Taxes +€3,534
up €3,534 (+22.9%), from €15,425 to €18,959
- Financial income +€2,873
up €2,873 (+13.4%), from €21,371 to €24,244
- Other operating charges +€2,433
up €2,433 (+20.2%), from €12,064 to €14,497
- Financial charges -€1,742
down €1,742 (-4.9%), from €35,853 to €34,111
of which Financial charges: -€1,219
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,011,773 | €1,092,951 | +€81,178 | +8.0% |
| Fixed assets | 21/28 | €281,531 | €281,531 | = | 0.0% |
| Tangible fixed assets | 22/27 | €281,531 | €281,531 | = | 0.0% |
| Land and buildings | 22 | €281,531 | €281,531 | = | 0.0% |
| Current assets | 29/58 | €730,241 | €811,419 | +€81,178 | +11.1% |
| Amounts receivable after more than one year | 29 | €539,550 | €539,550 | = | 0.0% |
| Other amounts receivable | 291 | €539,550 | €539,550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €169,270 | €249,399 | +€80,129 | +47.3% |
| Other amounts receivable | 41 | €169,270 | €249,399 | +€80,129 | +47.3% |
| Cash at bank and in hand | 54/58 | €51 | €4 | -€47 | -92.5% |
| Deferred charges and accrued income | 490/1 | €21,371 | €22,467 | +€1,096 | +5.1% |
| Total equity and liabilities | 10/49 | €1,011,773 | €1,092,951 | +€81,178 | +8.0% |
| Equity | 10/15 | €500,050 | €547,522 | +€47,472 | +9.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €438,550 | €486,022 | +€47,472 | +10.8% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €432,400 | €479,872 | +€47,472 | +11.0% |
| Amounts payable | 17/49 | €511,723 | €545,429 | +€33,706 | +6.6% |
| Amounts payable within one year | 42/48 | €502,939 | €537,465 | +€34,526 | +6.9% |
| Financial debts | 43 | €457,874 | €460,097 | +€2,223 | +0.5% |
| Credit institutions | 430/8 | €457,628 | €459,923 | +€2,295 | +0.5% |
| Other loans | 439 | €246 | €174 | -€72 | -29.3% |
| Trade debts | 44 | €14,174 | €17,209 | +€3,035 | +21.4% |
| Suppliers | 440/4 | €14,174 | €17,209 | +€3,035 | +21.4% |
| Taxes, remuneration and social security | 45 | €19,882 | €29,234 | +€9,353 | +47.0% |
| Taxes | 450/3 | €15,797 | €24,275 | +€8,478 | +53.7% |
| Remuneration and social security | 454/9 | €4,085 | €4,960 | +€875 | +21.4% |
| Other amounts payable | 47/48 | €11,009 | €30,925 | +€19,916 | +181% |
| Accrued charges and deferred income | 492/3 | €8,784 | €7,964 | -€820 | -9.3% |
| Remuneration, social security and pensions | 62 | €51,527 | €58,619 | +€7,092 | +13.8% |
| Other operating charges | 640/8 | €12,064 | €14,497 | +€2,433 | +20.2% |
| Gross operating margin | 9900 | €149,537 | €149,413 | -€125 | -0.1% |
| Operating profit (loss) | 9901 | €85,946 | €76,297 | -€9,649 | -11.2% |
| Financial income | 75/76B | €21,371 | €24,244 | +€2,873 | +13.4% |
| Recurring financial income | 75 | €21,371 | €24,244 | +€2,873 | +13.4% |
| Financial charges | 65/66B | €35,853 | €34,111 | -€1,742 | -4.9% |
| Recurring financial charges | 65 | €35,329 | €34,111 | -€1,219 | -3.4% |
| Non-recurring financial charges | 66B | €523 | - | -€523 | |
| Profit (loss) for the period before taxes | 9903 | €71,464 | €66,430 | -€5,034 | -7.0% |
| Income taxes | 67/77 | €15,425 | €18,959 | +€3,534 | +22.9% |
| Profit (loss) for the period | 9904 | €56,040 | €47,472 | -€8,568 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,040 | €47,472 | -€8,568 | -15.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.