KDL 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.
KDL IMMO
Largest movements
- Receivables within one year -€40,723
down €40,723 (-5.9%), from €685,754 to €645,031
of which Trade receivables: -€67,662
- Tangible fixed assets -€24,656
down €24,656 (-3.2%), from €763,907 to €739,251
- Financial fixed assets -€23,209
down €23,209 (-18.3%), from €126,502 to €103,293
- Debts after one year -€72,539
down €72,539 (-14.0%), from €516,873 to €444,334
- Profit (loss) carried forward -€56,430
down €56,430 (-6.3%), from €901,152 to €844,722
- Current portion of long-term debt +€23,803
up €23,803 (+22.4%), from €106,300 to €130,104
- Other operating charges +€11,176
up €11,176 (+271.4%), from €4,119 to €15,295
- Gross operating margin +€6,760
up €6,760 (+74.7%), from -€9,045 to -€2,285
- Financial charges +€1,945
up €1,945 (+8.0%), from €24,430 to €26,375
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.
Cash bridge derived
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 | €1,598,951 | €1,500,939 | -€98,012 | -6.1% |
| Fixed assets | 21/28 | €890,409 | €842,544 | -€47,865 | -5.4% |
| Tangible fixed assets | 22/27 | €763,907 | €739,251 | -€24,656 | -3.2% |
| Land and buildings | 22 | €763,907 | €739,251 | -€24,656 | -3.2% |
| Financial fixed assets | 28 | €126,502 | €103,293 | -€23,209 | -18.3% |
| Current assets | 29/58 | €708,542 | €658,395 | -€50,147 | -7.1% |
| Amounts receivable within one year | 40/41 | €685,754 | €645,031 | -€40,723 | -5.9% |
| Trade receivables | 40 | €503,154 | €435,491 | -€67,662 | -13.4% |
| Other amounts receivable | 41 | €182,601 | €209,540 | +€26,940 | +14.8% |
| Cash at bank and in hand | 54/58 | €7,972 | €213 | -€7,759 | -97.3% |
| Deferred charges and accrued income | 490/1 | €14,816 | €13,151 | -€1,666 | -11.2% |
| Total equity and liabilities | 10/49 | €1,598,951 | €1,500,939 | -€98,012 | -6.1% |
| Equity | 10/15 | €964,352 | €907,922 | -€56,430 | -5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,000 | €57,000 | = | 0.0% |
| Distributable reserves | 133 | €57,000 | €57,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €901,152 | €844,722 | -€56,430 | -6.3% |
| Amounts payable | 17/49 | €634,599 | €593,017 | -€41,582 | -6.6% |
| Amounts payable after more than one year | 17 | €516,873 | €444,334 | -€72,539 | -14.0% |
| Financial debts | 170/4 | €516,873 | €444,334 | -€72,539 | -14.0% |
| Amounts payable within one year | 42/48 | €115,898 | €146,998 | +€31,100 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €106,300 | €130,104 | +€23,803 | +22.4% |
| Trade debts | 44 | €7,500 | €11,712 | +€4,212 | +56.2% |
| Suppliers | 440/4 | €7,500 | €11,712 | +€4,212 | +56.2% |
| Taxes, remuneration and social security | 45 | €2,098 | €5,182 | +€3,084 | +147.0% |
| Taxes | 450/3 | €2,098 | €5,182 | +€3,084 | +147.0% |
| Accrued charges and deferred income | 492/3 | €1,828 | €1,685 | -€143 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,656 | €24,656 | = | 0.0% |
| Other operating charges | 640/8 | €4,119 | €15,295 | +€11,176 | +271.4% |
| Gross operating margin | 9900 | -€9,045 | -€2,285 | +€6,760 | +74.7% |
| Operating profit (loss) | 9901 | -€37,820 | -€42,235 | -€4,416 | -11.7% |
| Financial income | 75/76B | €12,400 | €12,361 | -€39 | -0.3% |
| Recurring financial income | 75 | €12,400 | €12,361 | -€39 | -0.3% |
| Financial charges | 65/66B | €24,430 | €26,375 | +€1,945 | +8.0% |
| Recurring financial charges | 65 | €24,430 | €26,375 | +€1,945 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€49,850 | -€56,250 | -€6,400 | -12.8% |
| Income taxes | 67/77 | €205 | €180 | -€25 | -12.0% |
| Profit (loss) for the period | 9904 | -€50,055 | -€56,430 | -€6,376 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,055 | -€56,430 | -€6,376 | -12.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.