Kico Realty: 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.
Kico Realty
Largest movements
- Tangible fixed assets +€317,781
up €317,781 (+286%), from €111,280 to €429,060
of which Land and buildings: +€216,823
- Receivables within one year +€14,959
up €14,959 (+3,582%), from €418 to €15,376
of which Trade receivables: +€15,103
- Cash +€5,001
up €5,001 (+34.3%), from €14,567 to €19,568
mainly Debts after one year (+€326,580) and Trade debts (+€13,813)
- Debts after one year +€326,580
up €326,580 (+303%), from €107,649 to €434,229
of which Financial debts: +€210,950
- Trade debts +€13,813
new in 2024: €13,813
- Profit (loss) carried forward -€9,901
down €9,901, from €832 to -€9,069
- Current portion of long-term debt +€7,185
up €7,185 (+123%), from €5,865 to €13,050
- Depreciation +€6,395
up €6,395 (+225%), from €2,847 to €9,242
- Financial charges +€5,243
up €5,243 (+510%), from €1,027 to €6,270
- Gross operating margin +€3,159
up €3,159 (+49.6%), from €6,364 to €9,522
- Other operating charges +€2,189
up €2,189 (+124%), from €1,766 to €3,955
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 | €126,344 | €464,810 | +€338,466 | +268% |
| Fixed assets | 21/28 | €111,280 | €429,060 | +€317,781 | +286% |
| Tangible fixed assets | 22/27 | €111,280 | €429,060 | +€317,781 | +286% |
| Land and buildings | 22 | €106,005 | €322,829 | +€216,823 | +205% |
| Plant, machinery and equipment | 23 | €4,044 | €3,571 | -€473 | -11.7% |
| Furniture and vehicles | 24 | €1,231 | €4,621 | +€3,390 | +275% |
| Assets under construction and advance payments | 27 | - | €98,040 | +€98,040 | |
| Current assets | 29/58 | €15,065 | €35,750 | +€20,685 | +137% |
| Amounts receivable within one year | 40/41 | €418 | €15,376 | +€14,959 | +3,582% |
| Trade receivables | 40 | €273 | €15,376 | +€15,103 | +5,531% |
| Other amounts receivable | 41 | €145 | - | -€145 | |
| Cash at bank and in hand | 54/58 | €14,567 | €19,568 | +€5,001 | +34.3% |
| Deferred charges and accrued income | 490/1 | €80 | €806 | +€726 | +905% |
| Total equity and liabilities | 10/49 | €126,344 | €464,810 | +€338,466 | +268% |
| Equity | 10/15 | €10,832 | €931 | -€9,901 | -91.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €832 | -€9,069 | -€9,901 | |
| Amounts payable | 17/49 | €115,512 | €463,879 | +€348,366 | +302% |
| Amounts payable after more than one year | 17 | €107,649 | €434,229 | +€326,580 | +303% |
| Financial debts | 170/4 | €64,649 | €275,600 | +€210,950 | +326% |
| Other amounts payable | 178/9 | €43,000 | €158,629 | +€115,629 | +269% |
| Amounts payable within one year | 42/48 | €7,725 | €29,504 | +€21,780 | +282% |
| Current portion of amounts payable after more than one year | 42 | €5,865 | €13,050 | +€7,185 | +123% |
| Trade debts | 44 | - | €13,813 | +€13,813 | |
| Suppliers | 440/4 | - | €13,813 | +€13,813 | |
| Taxes, remuneration and social security | 45 | €37 | €535 | +€498 | +1,341% |
| Taxes | 450/3 | €37 | €535 | +€498 | +1,341% |
| Other amounts payable | 47/48 | €1,823 | €2,107 | +€284 | +15.6% |
| Accrued charges and deferred income | 492/3 | €138 | €145 | +€7 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,847 | €9,242 | +€6,395 | +225% |
| Other operating charges | 640/8 | €1,766 | €3,955 | +€2,189 | +124% |
| Gross operating margin | 9900 | €6,364 | €9,522 | +€3,159 | +49.6% |
| Operating profit (loss) | 9901 | €1,751 | -€3,675 | -€5,425 | |
| Financial income | 75/76B | - | €62 | +€62 | |
| Recurring financial income | 75 | - | €62 | +€62 | |
| Financial charges | 65/66B | €1,027 | €6,270 | +€5,243 | +510% |
| Recurring financial charges | 65 | €1,027 | €6,270 | +€5,243 | +510% |
| Profit (loss) for the period before taxes | 9903 | €724 | -€9,882 | -€10,606 | |
| Income taxes | 67/77 | €37 | €19 | -€18 | -49.6% |
| Profit (loss) for the period | 9904 | €687 | -€9,901 | -€10,587 | |
| Profit (loss) for the period to be appropriated | 9905 | €687 | -€9,901 | -€10,587 |
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 25 October 2026 via checked.be.