KTT Properties: 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.
KTT Properties
Largest movements
- Cash +€78,357
up €78,357 (+338%), from €23,183 to €101,540
mainly Debts after one year (+€67,877) and Depreciation (+€24,429)
- Debts after one year +€67,877
up €67,877 (+10.1%), from €669,350 to €737,227
of which Financial debts: +€67,877
- Gross operating margin -€9,432
down €9,432 (-18.8%), from €50,241 to €40,809
- Taxes -€2,682
no longer reported in 2025 (was €2,682)
- Depreciation +€2,277
up €2,277 (+10.3%), from €22,152 to €24,429
- Other operating charges +€1,009
up €1,009 (+17.4%), from €5,805 to €6,814
- Financial charges -€670
down €670 (-5.8%), from €11,557 to €10,887
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €723,132 | €796,766 | +€73,634 | +10.2% |
| Fixed assets | 21/28 | €692,652 | €693,028 | +€376 | +0.1% |
| Tangible fixed assets | 22/27 | €692,652 | €693,028 | +€376 | +0.1% |
| Land and buildings | 22 | €692,652 | €693,028 | +€376 | +0.1% |
| Current assets | 29/58 | €30,480 | €103,738 | +€73,258 | +240% |
| Amounts receivable within one year | 40/41 | €6,465 | €1,250 | -€5,215 | -80.7% |
| Other amounts receivable | 41 | €6,465 | €1,250 | -€5,215 | -80.7% |
| Cash at bank and in hand | 54/58 | €23,183 | €101,540 | +€78,357 | +338% |
| Deferred charges and accrued income | 490/1 | €832 | €949 | +€117 | +14.0% |
| Total equity and liabilities | 10/49 | €723,132 | €796,766 | +€73,634 | +10.2% |
| Equity | 10/15 | €30,027 | €28,706 | -€1,321 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,427 | €10,106 | -€1,321 | -11.6% |
| Distributable reserves | 133 | €11,427 | €10,106 | -€1,321 | -11.6% |
| Amounts payable | 17/49 | €693,105 | €768,060 | +€74,955 | +10.8% |
| Amounts payable after more than one year | 17 | €669,350 | €737,227 | +€67,877 | +10.1% |
| Financial debts | 170/4 | €364,333 | €432,210 | +€67,877 | +18.6% |
| Other amounts payable | 178/9 | €305,017 | €305,017 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,755 | €30,833 | +€7,078 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €23,705 | €30,723 | +€7,018 | +29.6% |
| Trade debts | 44 | €50 | €110 | +€60 | +120% |
| Suppliers | 440/4 | €50 | €110 | +€60 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,152 | €24,429 | +€2,277 | +10.3% |
| Other operating charges | 640/8 | €5,805 | €6,814 | +€1,009 | +17.4% |
| Gross operating margin | 9900 | €50,241 | €40,809 | -€9,432 | -18.8% |
| Operating profit (loss) | 9901 | €22,284 | €9,566 | -€12,718 | -57.1% |
| Financial charges | 65/66B | €11,557 | €10,887 | -€670 | -5.8% |
| Recurring financial charges | 65 | €11,557 | €10,887 | -€670 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €10,728 | -€1,321 | -€12,049 | |
| Income taxes | 67/77 | €2,682 | - | -€2,682 | |
| Profit (loss) for the period | 9904 | €8,046 | -€1,321 | -€9,367 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,046 | -€1,321 | -€9,367 |
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 20 October 2026 via checked.be.