KRC GROUPE: what changed
Two financial 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.
What changed
KRC GROUPE
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€461,244
2024 · €106,527+€354,716
Equity
€981,356
2024 · €520,112+€461,244
Cash
€172
2024 · €134+€38
Balance sheet total
€2.5m
2024 · €2.4m+€177,787
Largest movements
Assets
- Stocks and contracts +€253,927
up €253,927 (+26.5%), from €958,985 to €1.2m
- Tangible fixed assets -€53,507
down €53,507 (-3.9%), from €1.4m to €1.3m
of which Land and buildings: -€53,507
Equity and liabilities
- Profit (loss) carried forward +€468,019
up €468,019, from -€72,853 to €395,166
- Other debts -€438,220
down €438,220 (-60.6%), from €722,767 to €284,547
- Short-term financial debts +€342,353
up €342,353 (+283%), from €121,157 to €463,510
- Debts after one year -€334,949
down €334,949 (-40.6%), from €824,687 to €489,737
- Tax, wage and social debts +€165,086
up €165,086 (+5,457%), from €3,025 to €168,111
Income statement
- Purchases and services -€634,929
down €634,929 (-52.3%), from €1.2m to €577,938
- Gross operating margin +€556,219
up €556,219 (+178%), from €313,300 to €869,519
- Taxes +€168,111
new in 2025: €168,111
- Turnover -€135,483
down €135,483 (-8.9%), from €1.5m to €1.4m
- Financial charges -€45,311
down €45,311 (-61.9%), from €73,155 to €27,844
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.
Result 2024
€106,527
Gross operating margin
+€556,219
Depreciation
-€1,166
Other operating charges
+€12,778
Other operating items
-€90,000
Financial income
-€315
Financial charges
+€45,311
Taxes
-€168,111
Result 2025
€461,244
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€15,050
Investment
-€17,889
Financing
+€2,878
Cash 2024
€134
From operations (derived)
+€15,050
Net result for the year
+€461,244
Depreciation
+€71,396
Stocks and contracts
-€253,927
Receivables within one year
+€22,567
Deferred charges and accrued income
+€105
Provisions
-€3,489
Trade debts
-€9,712
Tax, wage and social debts
+€165,086
Other debts
-€438,220
Investment (derived)
-€17,889
Investment in fixed assets (net)
-€17,889
Financing
+€2,878
Debts after one year
-€334,949
Current portion of long-term debt
-€4,526
Short-term financial debts
+€342,353
Cash 2025
€172
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,364,857 | €2,542,643 | +€177,787 | +7.5% |
| Fixed assets | 21/28 | €1,364,981 | €1,311,475 | -€53,507 | -3.9% |
| Tangible fixed assets | 22/27 | €1,364,981 | €1,311,475 | -€53,507 | -3.9% |
| Land and buildings | 22 | €1,364,981 | €1,311,475 | -€53,507 | -3.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €999,875 | €1,231,169 | +€231,294 | +23.1% |
| Stocks and contracts in progress | 3 | €958,985 | €1,212,912 | +€253,927 | +26.5% |
| Stocks | 30/36 | €958,985 | €1,212,912 | +€253,927 | +26.5% |
| Amounts receivable within one year | 40/41 | €39,761 | €17,194 | -€22,567 | -56.8% |
| Trade receivables | 40 | €30,500 | €0 | -€30,500 | -100% |
| Other amounts receivable | 41 | €9,261 | €17,194 | +€7,933 | +85.7% |
| Cash at bank and in hand | 54/58 | €134 | €172 | +€38 | +28.7% |
| Deferred charges and accrued income | 490/1 | €996 | €891 | -€105 | -10.5% |
| Total equity and liabilities | 10/49 | €2,364,857 | €2,542,643 | +€177,787 | +7.5% |
| Equity | 10/15 | €520,112 | €981,356 | +€461,244 | +88.7% |
| Contributions | 10/11 | €518,592 | €518,592 | = | 0.0% |
| Reserves | 13 | €74,373 | €67,598 | -€6,775 | -9.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,598 | €55,823 | -€6,775 | -10.8% |
| Distributable reserves | 133 | €9,916 | €9,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,853 | €395,166 | +€468,019 | |
| Provisions and deferred taxes | 16 | €26,249 | €22,760 | -€3,489 | -13.3% |
| Deferred taxes | 168 | €26,249 | €22,760 | -€3,489 | -13.3% |
| Amounts payable | 17/49 | €1,818,496 | €1,538,527 | -€279,968 | -15.4% |
| Amounts payable after more than one year | 17 | €824,687 | €489,737 | -€334,949 | -40.6% |
| Financial debts | 170/4 | €824,687 | €489,737 | -€334,949 | -40.6% |
| Amounts payable within one year | 42/48 | €993,809 | €1,048,790 | +€54,981 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €59,475 | €54,949 | -€4,526 | -7.6% |
| Financial debts | 43 | €121,157 | €463,510 | +€342,353 | +283% |
| Credit institutions | 430/8 | €121,157 | €463,510 | +€342,353 | +283% |
| Trade debts | 44 | €87,384 | €77,672 | -€9,712 | -11.1% |
| Suppliers | 440/4 | €87,384 | €77,672 | -€9,712 | -11.1% |
| Taxes, remuneration and social security | 45 | €3,025 | €168,111 | +€165,086 | +5,457% |
| Taxes | 450/3 | €3,025 | €168,111 | +€165,086 | +5,457% |
| Other amounts payable | 47/48 | €722,767 | €284,547 | -€438,220 | -60.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €1,520,802 | €1,385,318 | -€135,483 | -8.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,212,867 | €577,938 | -€634,929 | -52.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,230 | €71,396 | +€1,166 | +1.7% |
| Other operating charges | 640/8 | €67,544 | €54,766 | -€12,778 | -18.9% |
| Non-recurring operating charges | 66A | - | €90,000 | +€90,000 | |
| Gross operating margin | 9900 | €313,300 | €869,519 | +€556,219 | +178% |
| Operating profit (loss) | 9901 | €175,526 | €653,358 | +€477,832 | +272% |
| Financial income | 75/76B | €667 | €353 | -€315 | -47.1% |
| Recurring financial income | 75 | €667 | €353 | -€315 | -47.1% |
| Financial charges | 65/66B | €73,155 | €27,844 | -€45,311 | -61.9% |
| Recurring financial charges | 65 | €73,155 | €27,844 | -€45,311 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €103,039 | €625,867 | +€522,828 | +507% |
| Transfer from deferred taxes | 780 | €3,489 | €3,489 | = | 0.0% |
| Income taxes | 67/77 | - | €168,111 | +€168,111 | |
| Profit (loss) for the period | 9904 | €106,527 | €461,244 | +€354,716 | +333% |
| Transfer from tax-exempt reserves | 789 | €6,775 | €6,775 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €113,303 | €468,019 | +€354,716 | +313% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.