KR IMMO PROJECTS: 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.
KR IMMO PROJECTS
Largest movements
- Receivables within one year +€45,286
up €45,286 (+35.9%), from €126,084 to €171,370
of which Trade receivables: +€28,254
- Tangible fixed assets -€4,384
down €4,384 (-22.9%), from €19,137 to €14,752
- Trade debts +€25,352
up €25,352 (+611.5%), from €4,146 to €29,498
- Profit (loss) carried forward +€10,063
up €10,063 (+9.8%), from €102,355 to €112,419
- Tax, wage and social debts +€5,428
up €5,428 (+15.6%), from €34,796 to €40,225
- Gross operating margin -€124,115
down €124,115 (-87.3%), from €142,192 to €18,077
- Taxes -€30,764
down €30,764 (-90.2%), from €34,118 to €3,354
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 | €145,287 | €186,131 | +€40,843 | +28.1% |
| Fixed assets | 21/28 | €19,137 | €14,752 | -€4,384 | -22.9% |
| Tangible fixed assets | 22/27 | €19,137 | €14,752 | -€4,384 | -22.9% |
| Land and buildings | 22 | €9,540 | €8,550 | -€990 | -10.4% |
| Plant, machinery and equipment | 23 | €2,535 | €1,240 | -€1,295 | -51.1% |
| Furniture and vehicles | 24 | €7,061 | €4,962 | -€2,099 | -29.7% |
| Current assets | 29/58 | €126,151 | €171,378 | +€45,228 | +35.9% |
| Amounts receivable within one year | 40/41 | €126,084 | €171,370 | +€45,286 | +35.9% |
| Trade receivables | 40 | €41,713 | €69,967 | +€28,254 | +67.7% |
| Other amounts receivable | 41 | €84,372 | €101,403 | +€17,032 | +20.2% |
| Cash at bank and in hand | 54/58 | €66 | €8 | -€58 | -87.9% |
| Total equity and liabilities | 10/49 | €145,287 | €186,131 | +€40,843 | +28.1% |
| Equity | 10/15 | €104,755 | €114,819 | +€10,063 | +9.6% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,355 | €112,419 | +€10,063 | +9.8% |
| Amounts payable | 17/49 | €40,532 | €71,312 | +€30,780 | +75.9% |
| Amounts payable within one year | 42/48 | €38,942 | €69,723 | +€30,780 | +79.0% |
| Trade debts | 44 | €4,146 | €29,498 | +€25,352 | +611.5% |
| Suppliers | 440/4 | €4,146 | €29,498 | +€25,352 | +611.5% |
| Taxes, remuneration and social security | 45 | €34,796 | €40,225 | +€5,428 | +15.6% |
| Taxes | 450/3 | €34,796 | €40,225 | +€5,428 | +15.6% |
| Accrued charges and deferred income | 492/3 | €1,589 | €1,589 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,303 | €4,384 | +€82 | +1.9% |
| Other operating charges | 640/8 | €406 | €180 | -€225 | -55.6% |
| Non-recurring operating charges | 66A | €547 | - | -€547 | |
| Gross operating margin | 9900 | €142,192 | €18,077 | -€124,115 | -87.3% |
| Operating profit (loss) | 9901 | €136,937 | €13,513 | -€123,424 | -90.1% |
| Financial income | 75/76B | - | €224 | +€224 | |
| Recurring financial income | 75 | - | €224 | +€224 | |
| Financial charges | 65/66B | €463 | €319 | -€144 | -31.2% |
| Recurring financial charges | 65 | €463 | €319 | -€144 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €136,474 | €13,417 | -€123,056 | -90.2% |
| Income taxes | 67/77 | €34,118 | €3,354 | -€30,764 | -90.2% |
| Profit (loss) for the period | 9904 | €102,355 | €10,063 | -€92,292 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €102,355 | €10,063 | -€92,292 | -90.2% |
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 5 October 2026 via checked.be.