KR IMMO: what changed
What changed
KR IMMO
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€4,309
2024 · -€59,577+€63,886
Equity
€83,884
2024 · €79,575+€4,309
Cash
€35
2024 · €395-€360
Balance sheet total
€1.5m
2024 · €1.6m-€86,991
Largest movements
Assets
- Tangible fixed assets -€65,405
down €65,405 (-4.1%), from €1.6m to €1.5m
- Receivables within one year -€21,091
down €21,091 (-74.4%), from €28,329 to €7,239
of which Other amounts receivable: -€22,691
Equity and liabilities
- Debts after one year -€120,918
down €120,918 (-12.5%), from €965,870 to €844,951
- Other debts +€30,965
up €30,965 (+7.4%), from €418,426 to €449,391
Income statement
- Gross operating margin +€64,773
up €64,773 (+206%), from €31,442 to €96,214
- Financial charges +€2,800
up €2,800 (+15.1%), from €18,580 to €21,381
- Financial income +€1,927
new in 2025: €1,927
of which Financial income: +€1,927
- Other operating charges +€1,291
up €1,291 (+22.4%), from €5,755 to €7,046
- Depreciation -€1,277
down €1,277 (-1.9%), from €66,683 to €65,405
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€59,577
Gross operating margin
+€64,773
Depreciation
+€1,277
Other operating charges
-€1,291
Financial income
+€1,927
Financial charges
-€2,800
Result 2025
€4,309
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€123,041
Investment
+€250
Financing
-€123,651
Cash 2024
€395
From operations (derived)
+€123,041
Net result for the year
+€4,309
Depreciation
+€65,405
Receivables within one year
+€21,091
Deferred charges and accrued income
-€114
Trade debts
+€1,386
Other debts
+€30,965
Investment (derived)
+€250
Investment in fixed assets (net)
+€250
Financing
-€123,651
Debts after one year
-€120,918
Current portion of long-term debt
-€2,732
Cash 2025
€35
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,623,651 | €1,536,660 | -€86,991 | -5.4% |
| Fixed assets | 21/28 | €1,594,681 | €1,529,026 | -€65,655 | -4.1% |
| Tangible fixed assets | 22/27 | €1,594,431 | €1,529,026 | -€65,405 | -4.1% |
| Land and buildings | 22 | €1,594,431 | €1,529,026 | -€65,405 | -4.1% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €28,970 | €7,634 | -€21,336 | -73.6% |
| Amounts receivable within one year | 40/41 | €28,329 | €7,239 | -€21,091 | -74.4% |
| Trade receivables | 40 | €333 | €1,933 | +€1,600 | +480% |
| Other amounts receivable | 41 | €27,996 | €5,305 | -€22,691 | -81.0% |
| Cash at bank and in hand | 54/58 | €395 | €35 | -€360 | -91.0% |
| Deferred charges and accrued income | 490/1 | €246 | €360 | +€114 | +46.5% |
| Total equity and liabilities | 10/49 | €1,623,651 | €1,536,660 | -€86,991 | -5.4% |
| Equity | 10/15 | €79,575 | €83,884 | +€4,309 | +5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €73,375 | €77,684 | +€4,309 | +5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,515 | €75,824 | +€4,309 | +6.0% |
| Amounts payable | 17/49 | €1,544,076 | €1,452,775 | -€91,300 | -5.9% |
| Amounts payable after more than one year | 17 | €965,870 | €844,951 | -€120,918 | -12.5% |
| Financial debts | 170/4 | €965,870 | €844,951 | -€120,918 | -12.5% |
| Amounts payable within one year | 42/48 | €578,206 | €607,824 | +€29,618 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €127,383 | €124,651 | -€2,732 | -2.1% |
| Trade debts | 44 | €19,896 | €21,282 | +€1,386 | +7.0% |
| Suppliers | 440/4 | €19,896 | €21,282 | +€1,386 | +7.0% |
| Advances received on contracts in progress | 46 | €12,500 | €12,500 | = | 0.0% |
| Other amounts payable | 47/48 | €418,426 | €449,391 | +€30,965 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,683 | €65,405 | -€1,277 | -1.9% |
| Other operating charges | 640/8 | €5,755 | €7,046 | +€1,291 | +22.4% |
| Gross operating margin | 9900 | €31,442 | €96,214 | +€64,773 | +206% |
| Operating profit (loss) | 9901 | -€40,997 | €23,762 | +€64,759 | |
| Financial income | 75/76B | - | €1,927 | +€1,927 | |
| Recurring financial income | 75 | - | €1,927 | +€1,927 | |
| Non-recurring financial income | 76B | - | €1,927 | +€1,927 | |
| Financial charges | 65/66B | €18,580 | €21,381 | +€2,800 | +15.1% |
| Recurring financial charges | 65 | €18,580 | €21,381 | +€2,800 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€59,577 | €4,309 | +€63,886 | |
| Profit (loss) for the period | 9904 | -€59,577 | €4,309 | +€63,886 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,577 | €4,309 | +€63,886 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.