Assign KMO IT services: 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.
Assign KMO IT services
Largest movements
- Current investments +€94,613
new in 2025: €94,613
- Cash +€74,468
up €74,468 (+92.8%), from €80,205 to €154,673
mainly Net result for the year (+€55,684) and Receivables within one year (+€39,364)
- Receivables within one year -€39,364
down €39,364 (-14.8%), from €266,735 to €227,371
of which Trade receivables: -€22,144
- Tangible fixed assets -€23,548
down €23,548 (-32.2%), from €73,066 to €49,518
of which Plant, machinery and equipment: -€21,393
- Intangible fixed assets +€18,075
up €18,075 (+251%), from €7,196 to €25,272
- Reserves +€55,684
up €55,684 (+19.4%), from €287,689 to €343,372
of which Non-distributable reserves: +€94,613
- Debts after one year +€29,808
up €29,808 (+89.2%), from €33,416 to €63,224
- Other debts +€23,113
new in 2025: €23,113
- Tax, wage and social debts +€20,152
up €20,152 (+85.8%), from €23,475 to €43,628
of which Taxes: +€15,415
- Current portion of long-term debt +€13,242
up €13,242 (+77.0%), from €17,199 to €30,441
- Gross operating margin +€105,463
up €105,463 (+54.9%), from €192,005 to €297,468
- Staff costs +€32,376
up €32,376 (+21.2%), from €153,017 to €185,393
- Taxes +€16,975
up €16,975 (+715%), from €2,375 to €19,350
- Depreciation +€4,359
up €4,359 (+18.5%), from €23,613 to €27,972
- Financial charges +€3,257
up €3,257 (+51.1%), from €6,376 to €9,632
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 | €475,598 | €606,379 | +€130,781 | +27.5% |
| Fixed assets | 21/28 | €80,262 | €74,790 | -€5,472 | -6.8% |
| Intangible fixed assets | 21 | €7,196 | €25,272 | +€18,075 | +251% |
| Tangible fixed assets | 22/27 | €73,066 | €49,518 | -€23,548 | -32.2% |
| Plant, machinery and equipment | 23 | €68,565 | €47,172 | -€21,393 | -31.2% |
| Furniture and vehicles | 24 | €4,500 | €2,345 | -€2,155 | -47.9% |
| Current assets | 29/58 | €395,336 | €531,590 | +€136,254 | +34.5% |
| Stocks and contracts in progress | 3 | €36,909 | €47,060 | +€10,151 | +27.5% |
| Stocks | 30/36 | €36,909 | €47,060 | +€10,151 | +27.5% |
| Amounts receivable within one year | 40/41 | €266,735 | €227,371 | -€39,364 | -14.8% |
| Trade receivables | 40 | €248,806 | €226,662 | -€22,144 | -8.9% |
| Other amounts receivable | 41 | €17,929 | €709 | -€17,220 | -96.0% |
| Current investments | 50/53 | - | €94,613 | +€94,613 | |
| Cash at bank and in hand | 54/58 | €80,205 | €154,673 | +€74,468 | +92.8% |
| Deferred charges and accrued income | 490/1 | €11,488 | €7,874 | -€3,614 | -31.5% |
| Total equity and liabilities | 10/49 | €475,598 | €606,379 | +€130,781 | +27.5% |
| Equity | 10/15 | €307,689 | €363,372 | +€55,684 | +18.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €287,689 | €343,372 | +€55,684 | +19.4% |
| Non-distributable reserves | 130/1 | - | €94,613 | +€94,613 | |
| Own shares acquired | 1312 | - | €94,613 | +€94,613 | |
| Distributable reserves | 133 | €287,689 | €248,759 | -€38,929 | -13.5% |
| Amounts payable | 17/49 | €167,910 | €243,007 | +€75,098 | +44.7% |
| Amounts payable after more than one year | 17 | €33,416 | €63,224 | +€29,808 | +89.2% |
| Financial debts | 170/4 | €33,416 | €63,224 | +€29,808 | +89.2% |
| Amounts payable within one year | 42/48 | €134,493 | €179,783 | +€45,290 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €17,199 | €30,441 | +€13,242 | +77.0% |
| Trade debts | 44 | €93,819 | €82,601 | -€11,218 | -12.0% |
| Suppliers | 440/4 | €93,819 | €82,601 | -€11,218 | -12.0% |
| Taxes, remuneration and social security | 45 | €23,475 | €43,628 | +€20,152 | +85.8% |
| Taxes | 450/3 | €5,129 | €20,544 | +€15,415 | +301% |
| Remuneration and social security | 454/9 | €18,347 | €23,084 | +€4,737 | +25.8% |
| Other amounts payable | 47/48 | - | €23,113 | +€23,113 | |
| Non-recurring operating income | 76A | - | €20,237 | +€20,237 | |
| Remuneration, social security and pensions | 62 | €153,017 | €185,393 | +€32,376 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,613 | €27,972 | +€4,359 | +18.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €282 | €1,110 | +€829 | +294% |
| Other operating charges | 640/8 | €1,928 | €1,246 | -€682 | -35.4% |
| Gross operating margin | 9900 | €192,005 | €297,468 | +€105,463 | +54.9% |
| Operating profit (loss) | 9901 | €13,164 | €81,745 | +€68,581 | +521% |
| Financial income | 75/76B | €1,029 | €2,920 | +€1,892 | +184% |
| Recurring financial income | 75 | €1,029 | €2,920 | +€1,892 | +184% |
| Financial charges | 65/66B | €6,376 | €9,632 | +€3,257 | +51.1% |
| Recurring financial charges | 65 | €6,376 | €9,632 | +€3,257 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | €7,817 | €75,033 | +€67,216 | +860% |
| Income taxes | 67/77 | €2,375 | €19,350 | +€16,975 | +715% |
| Profit (loss) for the period | 9904 | €5,442 | €55,684 | +€50,241 | +923% |
| Profit (loss) for the period to be appropriated | 9905 | €5,442 | €55,684 | +€50,241 | +923% |
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 22 October 2026 via checked.be.