IMMO-KMC: 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.
IMMO-KMC
Largest movements
- Receivables within one year +€33,224
up €33,224 (+7.4%), from €450,183 to €483,407
of which Other amounts receivable: +€43,554
- Reserves +€65,085
up €65,085 (+17.2%), from €377,497 to €442,582
- Trade debts -€23,313
down €23,313 (-92.1%), from €25,324 to €2,011
- Advances received -€13,500
no longer reported in 2025 (was €13,500)
- Tax, wage and social debts +€5,364
up €5,364 (+17.8%), from €30,182 to €35,546
- Gross operating margin +€38,949
up €38,949 (+85.2%), from €45,719 to €84,668
- Taxes +€11,771
up €11,771 (+51.3%), from €22,941 to €34,712
- Financial income +€1,733
up €1,733 (+8.4%), from €20,621 to €22,354
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 | €466,966 | €498,787 | +€31,822 | +6.8% |
| Fixed assets | 21/28 | €12,856 | €10,261 | -€2,595 | -20.2% |
| Intangible fixed assets | 21 | €1,134 | - | -€1,134 | |
| Tangible fixed assets | 22/27 | €10,747 | €9,285 | -€1,461 | -13.6% |
| Plant, machinery and equipment | 23 | €515 | €2,489 | +€1,974 | +383.6% |
| Furniture and vehicles | 24 | €10,232 | €6,796 | -€3,436 | -33.6% |
| Financial fixed assets | 28 | €976 | €976 | = | 0.0% |
| Current assets | 29/58 | €454,109 | €488,526 | +€34,417 | +7.6% |
| Amounts receivable within one year | 40/41 | €450,183 | €483,407 | +€33,224 | +7.4% |
| Trade receivables | 40 | €39,462 | €29,131 | -€10,331 | -26.2% |
| Other amounts receivable | 41 | €410,721 | €454,276 | +€43,554 | +10.6% |
| Cash at bank and in hand | 54/58 | €253 | €1,332 | +€1,080 | +427.3% |
| Deferred charges and accrued income | 490/1 | €3,674 | €3,787 | +€114 | +3.1% |
| Total equity and liabilities | 10/49 | €466,966 | €498,787 | +€31,822 | +6.8% |
| Equity | 10/15 | €391,757 | €456,842 | +€65,085 | +16.6% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €377,497 | €442,582 | +€65,085 | +17.2% |
| Distributable reserves | 133 | €377,497 | €442,582 | +€65,085 | +17.2% |
| Amounts payable | 17/49 | €75,209 | €41,945 | -€33,263 | -44.2% |
| Amounts payable within one year | 42/48 | €75,209 | €41,945 | -€33,263 | -44.2% |
| Trade debts | 44 | €25,324 | €2,011 | -€23,313 | -92.1% |
| Suppliers | 440/4 | €25,324 | €2,011 | -€23,313 | -92.1% |
| Advances received on contracts in progress | 46 | €13,500 | - | -€13,500 | |
| Taxes, remuneration and social security | 45 | €30,182 | €35,546 | +€5,364 | +17.8% |
| Taxes | 450/3 | €30,182 | €35,546 | +€5,364 | +17.8% |
| Other amounts payable | 47/48 | €6,203 | €4,389 | -€1,814 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,588 | €5,537 | -€51 | -0.9% |
| Other operating charges | 640/8 | €1,062 | €1,483 | +€421 | +39.7% |
| Gross operating margin | 9900 | €45,719 | €84,668 | +€38,949 | +85.2% |
| Operating profit (loss) | 9901 | €39,069 | €77,647 | +€38,579 | +98.7% |
| Financial income | 75/76B | €20,621 | €22,354 | +€1,733 | +8.4% |
| Recurring financial income | 75 | €20,621 | €22,354 | +€1,733 | +8.4% |
| Financial charges | 65/66B | €580 | €205 | -€375 | -64.7% |
| Recurring financial charges | 65 | €580 | €205 | -€375 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | €59,110 | €99,796 | +€40,686 | +68.8% |
| Income taxes | 67/77 | €22,941 | €34,712 | +€11,771 | +51.3% |
| Profit (loss) for the period | 9904 | €36,170 | €65,085 | +€28,915 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,170 | €65,085 | +€28,915 | +79.9% |
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 5 October 2026 via checked.be.