KB-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.
KB-IMMO
Largest movements
- Tangible fixed assets -€5,738
down €5,738 (-6.4%), from €89,888 to €84,150
- Cash -€2,686
down €2,686 (-13.1%), from €20,469 to €17,783
mainly Contributions, distributions and other (-€20,000) and Receivables within one year (-€80)
- Profit (loss) carried forward -€8,343
down €8,343 (-9.5%), from €87,987 to €79,644
- Gross operating margin -€316
down €316 (-1.4%), from €23,296 to €22,980
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 | €110,426 | €102,082 | -€8,343 | -7.6% |
| Fixed assets | 21/28 | €89,888 | €84,150 | -€5,738 | -6.4% |
| Tangible fixed assets | 22/27 | €89,888 | €84,150 | -€5,738 | -6.4% |
| Land and buildings | 22 | €89,888 | €84,150 | -€5,738 | -6.4% |
| Current assets | 29/58 | €20,538 | €17,932 | -€2,606 | -12.7% |
| Amounts receivable within one year | 40/41 | €69 | €149 | +€80 | +117.0% |
| Other amounts receivable | 41 | €69 | €149 | +€80 | +117.0% |
| Cash at bank and in hand | 54/58 | €20,469 | €17,783 | -€2,686 | -13.1% |
| Total equity and liabilities | 10/49 | €110,426 | €102,082 | -€8,343 | -7.6% |
| Equity | 10/15 | €108,447 | €100,104 | -€8,343 | -7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,987 | €79,644 | -€8,343 | -9.5% |
| Amounts payable | 17/49 | €1,978 | €1,978 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,978 | €1,978 | = | 0.0% |
| Other amounts payable | 47/48 | €1,978 | €1,978 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,738 | €5,738 | = | 0.0% |
| Other operating charges | 640/8 | €1,717 | €1,769 | +€52 | +3.0% |
| Gross operating margin | 9900 | €23,296 | €22,980 | -€316 | -1.4% |
| Operating profit (loss) | 9901 | €15,841 | €15,473 | -€368 | -2.3% |
| Financial income | 75/76B | €24 | €114 | +€90 | +376.0% |
| Recurring financial income | 75 | €24 | €114 | +€90 | +376.0% |
| Financial charges | 65/66B | €110 | €45 | -€65 | -59.2% |
| Recurring financial charges | 65 | €110 | €45 | -€65 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | €15,755 | €15,542 | -€213 | -1.3% |
| Income taxes | 67/77 | €3,939 | €3,886 | -€53 | -1.3% |
| Profit (loss) for the period | 9904 | €11,816 | €11,657 | -€160 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,816 | €11,657 | -€160 | -1.3% |
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.