KD 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.
KD IMMO
Largest movements
- Cash +€3,669
up €3,669 (+114293.1%), from €3 to €3,672
mainly Other debts (+€2,355) and Net result for the year (+€2,230)
- Other debts +€2,355
up €2,355 (+15.2%), from €15,505 to €17,860
- Profit (loss) carried forward +€2,230
up €2,230 (+15.1%), from -€14,753 to -€12,523
- Gross operating margin +€3,753
up €3,753, from -€623 to €3,130
- Other operating charges +€241
up €241 (+62.3%), from €387 to €629
- Depreciation +€78
up €78 (+89.6%), from €87 to €165
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 | €101,752 | €105,404 | +€3,651 | +3.6% |
| Fixed assets | 21/28 | €739 | €574 | -€165 | -22.4% |
| Tangible fixed assets | 22/27 | €739 | €574 | -€165 | -22.4% |
| Furniture and vehicles | 24 | €739 | €574 | -€165 | -22.4% |
| Current assets | 29/58 | €101,013 | €104,830 | +€3,816 | +3.8% |
| Stocks and contracts in progress | 3 | €100,328 | €100,328 | = | 0.0% |
| Stocks | 30/36 | €100,328 | €100,328 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €682 | €830 | +€148 | +21.7% |
| Other amounts receivable | 41 | €682 | €830 | +€148 | +21.7% |
| Cash at bank and in hand | 54/58 | €3 | €3,672 | +€3,669 | +114293.1% |
| Total equity and liabilities | 10/49 | €101,752 | €105,404 | +€3,651 | +3.6% |
| Equity | 10/15 | €85,247 | €87,477 | +€2,230 | +2.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,753 | -€12,523 | +€2,230 | +15.1% |
| Amounts payable | 17/49 | €16,505 | €17,926 | +€1,421 | +8.6% |
| Amounts payable within one year | 42/48 | €16,505 | €17,926 | +€1,421 | +8.6% |
| Trade debts | 44 | €1,000 | €66 | -€934 | -93.4% |
| Suppliers | 440/4 | €1,000 | €66 | -€934 | -93.4% |
| Other amounts payable | 47/48 | €15,505 | €17,860 | +€2,355 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87 | €165 | +€78 | +89.6% |
| Other operating charges | 640/8 | €387 | €629 | +€241 | +62.3% |
| Gross operating margin | 9900 | -€623 | €3,130 | +€3,753 | |
| Operating profit (loss) | 9901 | -€1,098 | €2,336 | +€3,434 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €95 | €106 | +€10 | +10.8% |
| Recurring financial charges | 65 | €95 | €106 | +€10 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,193 | €2,230 | +€3,423 | |
| Profit (loss) for the period | 9904 | -€1,193 | €2,230 | +€3,423 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,193 | €2,230 | +€3,423 |
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 3 October 2026 via checked.be.