KPM Properties: 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.
KPM Properties
Largest movements
- Cash -€5,238
down €5,238 (-16.6%), from €31,598 to €26,360
mainly Tax, wage and social debts (-€9,059) and Receivables within one year (-€3,563)
- Receivables within one year +€3,563
up €3,563 (+11.7%), from €30,578 to €34,141
of which Other amounts receivable: +€12,568
- Intangible fixed assets -€1,020
down €1,020 (-22.1%), from €4,616 to €3,596
- Deferred charges and accrued income -€835
no longer reported in 2025 (was €835)
- Tangible fixed assets -€745
down €745 (-46.0%), from €1,620 to €874
- Tax, wage and social debts -€9,059
down €9,059 (-57.5%), from €15,754 to €6,695
- Profit (loss) carried forward +€8,300
up €8,300 (+17.8%), from €46,734 to €55,034
- Trade debts -€3,556
down €3,556 (-89.4%), from €3,976 to €420
- Gross operating margin +€1,265
up €1,265 (+10.8%), from €11,663 to €12,929
- Financial income +€953
up €953 (+114.1%), from €835 to €1,788
- Depreciation +€665
up €665 (+60.4%), from €1,100 to €1,765
- Taxes -€267
down €267 (-10.1%), from €2,648 to €2,381
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 | €69,247 | €64,972 | -€4,275 | -6.2% |
| Fixed assets | 21/28 | €6,236 | €4,470 | -€1,765 | -28.3% |
| Intangible fixed assets | 21 | €4,616 | €3,596 | -€1,020 | -22.1% |
| Tangible fixed assets | 22/27 | €1,620 | €874 | -€745 | -46.0% |
| Furniture and vehicles | 24 | €1,620 | €874 | -€745 | -46.0% |
| Current assets | 29/58 | €63,011 | €60,501 | -€2,509 | -4.0% |
| Amounts receivable within one year | 40/41 | €30,578 | €34,141 | +€3,563 | +11.7% |
| Trade receivables | 40 | €9,127 | €121 | -€9,006 | -98.7% |
| Other amounts receivable | 41 | €21,452 | €34,020 | +€12,568 | +58.6% |
| Cash at bank and in hand | 54/58 | €31,598 | €26,360 | -€5,238 | -16.6% |
| Deferred charges and accrued income | 490/1 | €835 | - | -€835 | |
| Total equity and liabilities | 10/49 | €69,247 | €64,972 | -€4,275 | -6.2% |
| Equity | 10/15 | €48,734 | €57,034 | +€8,300 | +17.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,734 | €55,034 | +€8,300 | +17.8% |
| Amounts payable | 17/49 | €20,513 | €7,937 | -€12,575 | -61.3% |
| Amounts payable within one year | 42/48 | €19,730 | €7,521 | -€12,209 | -61.9% |
| Financial debts | 43 | - | €406 | +€406 | |
| Credit institutions | 430/8 | - | €406 | +€406 | |
| Trade debts | 44 | €3,976 | €420 | -€3,556 | -89.4% |
| Suppliers | 440/4 | €3,976 | €420 | -€3,556 | -89.4% |
| Taxes, remuneration and social security | 45 | €15,754 | €6,695 | -€9,059 | -57.5% |
| Taxes | 450/3 | €15,754 | €6,695 | -€9,059 | -57.5% |
| Accrued charges and deferred income | 492/3 | €783 | €416 | -€366 | -46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €1,765 | +€665 | +60.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €11,663 | €12,929 | +€1,265 | +10.8% |
| Operating profit (loss) | 9901 | €10,176 | €10,764 | +€588 | +5.8% |
| Financial income | 75/76B | €835 | €1,788 | +€953 | +114.1% |
| Recurring financial income | 75 | €835 | €1,788 | +€953 | +114.1% |
| Financial charges | 65/66B | €1,809 | €1,870 | +€61 | +3.4% |
| Recurring financial charges | 65 | €1,809 | €1,870 | +€61 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €9,202 | €10,682 | +€1,480 | +16.1% |
| Income taxes | 67/77 | €2,648 | €2,381 | -€267 | -10.1% |
| Profit (loss) for the period | 9904 | €6,554 | €8,300 | +€1,747 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,554 | €8,300 | +€1,747 | +26.7% |
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 30 September 2026 via checked.be.