KMC 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.
KMC IMMO
Largest movements
- Tangible fixed assets -€29,869
down €29,869 (-2.0%), from €1.5m to €1.5m
- Profit (loss) carried forward -€42,848
down €42,848 (-3.7%), from -€1.2m to -€1.2m
- Other debts +€41,784
up €41,784 (+45.3%), from €92,320 to €134,104
- Debts after one year -€36,926
down €36,926 (-2.1%), from €1.8m to €1.7m
- Gross operating margin -€79,260
down €79,260 (-46.7%), from €169,861 to €90,602
- Other operating charges -€12,497
down €12,497 (-86.6%), from €14,435 to €1,938
- Financial charges +€10,318
up €10,318 (+29.4%), from €35,136 to €45,454
- Depreciation +€4,530
up €4,530 (+5.6%), from €81,559 to €86,089
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 | €1,614,364 | €1,580,796 | -€33,569 | -2.1% |
| Fixed assets | 21/28 | €1,603,164 | €1,573,295 | -€29,869 | -1.9% |
| Tangible fixed assets | 22/27 | €1,495,164 | €1,465,295 | -€29,869 | -2.0% |
| Land and buildings | 22 | €1,495,164 | €1,465,295 | -€29,869 | -2.0% |
| Financial fixed assets | 28 | €108,000 | €108,000 | = | 0.0% |
| Current assets | 29/58 | €11,201 | €7,501 | -€3,700 | -33.0% |
| Amounts receivable within one year | 40/41 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Other amounts receivable | 41 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €3,706 | €3,969 | +€262 | +7.1% |
| Deferred charges and accrued income | 490/1 | €5,494 | €2,532 | -€2,962 | -53.9% |
| Total equity and liabilities | 10/49 | €1,614,364 | €1,580,796 | -€33,569 | -2.1% |
| Equity | 10/15 | -€278,993 | -€321,841 | -€42,848 | -15.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €812,256 | €812,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,153,249 | -€1,196,097 | -€42,848 | -3.7% |
| Amounts payable | 17/49 | €1,893,358 | €1,902,637 | +€9,279 | +0.5% |
| Amounts payable after more than one year | 17 | €1,776,276 | €1,739,350 | -€36,926 | -2.1% |
| Financial debts | 170/4 | €1,776,276 | €1,739,350 | -€36,926 | -2.1% |
| Amounts payable within one year | 42/48 | €111,752 | €157,612 | +€45,861 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €2,712 | €2,807 | +€95 | +3.5% |
| Trade debts | 44 | €16,720 | €20,702 | +€3,982 | +23.8% |
| Suppliers | 440/4 | €16,720 | €20,702 | +€3,982 | +23.8% |
| Other amounts payable | 47/48 | €92,320 | €134,104 | +€41,784 | +45.3% |
| Accrued charges and deferred income | 492/3 | €5,330 | €5,675 | +€345 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,559 | €86,089 | +€4,530 | +5.6% |
| Other operating charges | 640/8 | €14,435 | €1,938 | -€12,497 | -86.6% |
| Gross operating margin | 9900 | €169,861 | €90,602 | -€79,260 | -46.7% |
| Operating profit (loss) | 9901 | €73,867 | €2,574 | -€71,293 | -96.5% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €35,136 | €45,454 | +€10,318 | +29.4% |
| Recurring financial charges | 65 | €35,136 | €45,454 | +€10,318 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €38,731 | -€42,848 | -€81,578 | |
| Profit (loss) for the period | 9904 | €38,731 | -€42,848 | -€81,578 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,731 | -€42,848 | -€81,578 |
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 8 October 2026 via checked.be.