KMF.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.
KMF.IMMO
Largest movements
- Tangible fixed assets -€222,069
down €222,069 (-27.8%), from €799,816 to €577,748
of which Land and buildings: -€234,915
- Receivables within one year +€185,559
up €185,559 (+359.0%), from €51,689 to €237,248
of which Other amounts receivable: +€196,286
- Cash -€15,119
down €15,119 (-18.2%), from €83,043 to €67,924
mainly Receivables within one year (-€185,559) and Net result for the year (-€57,636)
- Profit (loss) carried forward -€57,636
down €57,636 (-67.2%), from -€85,730 to -€143,366
- Staff costs -€24,081
no longer reported in 2024 (was €24,081)
- Taxes -€8,137
down €8,137 (-37.8%), from €21,511 to €13,373
- Financial income -€3,906
no longer reported in 2024 (was €3,906)
- Depreciation -€1,172
down €1,172 (-4.1%), from €28,926 to €27,754
- Other operating charges +€1,126
up €1,126 (+5.6%), from €20,273 to €21,399
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 | €934,548 | €882,920 | -€51,629 | -5.5% |
| Fixed assets | 21/28 | €799,816 | €577,748 | -€222,069 | -27.8% |
| Tangible fixed assets | 22/27 | €799,816 | €577,748 | -€222,069 | -27.8% |
| Land and buildings | 22 | €792,767 | €557,853 | -€234,915 | -29.6% |
| Plant, machinery and equipment | 23 | €475 | €14 | -€461 | -97.1% |
| Other tangible fixed assets | 26 | €6,574 | €19,881 | +€13,307 | +202.4% |
| Current assets | 29/58 | €134,732 | €305,172 | +€170,440 | +126.5% |
| Amounts receivable within one year | 40/41 | €51,689 | €237,248 | +€185,559 | +359.0% |
| Trade receivables | 40 | €10,727 | - | -€10,727 | |
| Other amounts receivable | 41 | €40,962 | €237,248 | +€196,286 | +479.2% |
| Cash at bank and in hand | 54/58 | €83,043 | €67,924 | -€15,119 | -18.2% |
| Total equity and liabilities | 10/49 | €934,548 | €882,920 | -€51,629 | -5.5% |
| Equity | 10/15 | €933,443 | €875,857 | -€57,586 | -6.2% |
| Contributions | 10/11 | €18,550 | €18,600 | +€50 | +0.3% |
| Capital | 10 | €18,550 | €18,600 | +€50 | +0.3% |
| Issued capital | 100 | €18,550 | €18,600 | +€50 | +0.3% |
| Reserves | 13 | €1,000,623 | €1,000,623 | = | 0.0% |
| Non-distributable reserves | 130/1 | €285,451 | €285,451 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €283,596 | €283,596 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €677,671 | €677,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,730 | -€143,366 | -€57,636 | -67.2% |
| Amounts payable | 17/49 | €1,105 | €7,063 | +€5,958 | +539.0% |
| Amounts payable within one year | 42/48 | €1,105 | €7,063 | +€5,958 | +539.0% |
| Trade debts | 44 | - | €7,063 | +€7,063 | |
| Suppliers | 440/4 | - | €7,063 | +€7,063 | |
| Taxes, remuneration and social security | 45 | €1,105 | - | -€1,105 | |
| Taxes | 450/3 | €1,105 | - | -€1,105 | |
| Remuneration, social security and pensions | 62 | €24,081 | - | -€24,081 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,926 | €27,754 | -€1,172 | -4.1% |
| Other operating charges | 640/8 | €20,273 | €21,399 | +€1,126 | +5.6% |
| Gross operating margin | 9900 | €5,803 | €5,450 | -€353 | -6.1% |
| Operating profit (loss) | 9901 | -€67,477 | -€43,702 | +€23,774 | +35.2% |
| Financial income | 75/76B | €3,906 | - | -€3,906 | |
| Recurring financial income | 75 | €3,906 | - | -€3,906 | |
| Financial charges | 65/66B | €648 | €561 | -€88 | -13.5% |
| Recurring financial charges | 65 | €648 | €561 | -€88 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€64,219 | -€44,263 | +€19,956 | +31.1% |
| Income taxes | 67/77 | €21,511 | €13,373 | -€8,137 | -37.8% |
| Profit (loss) for the period | 9904 | -€85,730 | -€57,636 | +€28,093 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,730 | -€57,636 | +€28,093 | +32.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.