K.A.C.M.: 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.
K.A.C.M.
Largest movements
- Receivables within one year -€21,511
down €21,511 (-49.1%), from €43,793 to €22,283
of which Other amounts receivable: -€17,665
- Cash +€9,687
up €9,687 (+62.7%), from €15,448 to €25,135
mainly Receivables within one year (+€21,511) and Net result for the year (+€4,503)
- Stocks and contracts -€1,114
down €1,114 (-2.5%), from €44,254 to €43,140
- Trade debts -€13,172
down €13,172 (-34.0%), from €38,774 to €25,602
- Tax, wage and social debts -€4,984
down €4,984 (-64.6%), from €7,713 to €2,729
of which Taxes: -€3,984
- Profit (loss) carried forward +€4,503
up €4,503 (+15.0%), from €29,973 to €34,476
- Turnover +€234,305
new in 2025: €234,305
- Purchases and services +€226,910
new in 2025: €226,910
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 | €104,291 | €90,638 | -€13,654 | -13.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €796 | €80 | -€716 | -89.9% |
| Tangible fixed assets | 22/27 | €796 | €80 | -€716 | -89.9% |
| Furniture and vehicles | 24 | €796 | €80 | -€716 | -89.9% |
| Current assets | 29/58 | €103,495 | €90,557 | -€12,938 | -12.5% |
| Stocks and contracts in progress | 3 | €44,254 | €43,140 | -€1,114 | -2.5% |
| Stocks | 30/36 | €44,254 | €43,140 | -€1,114 | -2.5% |
| Amounts receivable within one year | 40/41 | €43,793 | €22,283 | -€21,511 | -49.1% |
| Trade receivables | 40 | €10,249 | €6,404 | -€3,845 | -37.5% |
| Other amounts receivable | 41 | €33,544 | €15,879 | -€17,665 | -52.7% |
| Cash at bank and in hand | 54/58 | €15,448 | €25,135 | +€9,687 | +62.7% |
| Total equity and liabilities | 10/49 | €104,291 | €90,638 | -€13,654 | -13.1% |
| Equity | 10/15 | €57,804 | €62,307 | +€4,503 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,231 | €9,231 | = | 0.0% |
| 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 | €7,371 | €7,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,973 | €34,476 | +€4,503 | +15.0% |
| Amounts payable | 17/49 | €46,487 | €28,331 | -€18,156 | -39.1% |
| Amounts payable within one year | 42/48 | €46,487 | €28,331 | -€18,156 | -39.1% |
| Trade debts | 44 | €38,774 | €25,602 | -€13,172 | -34.0% |
| Suppliers | 440/4 | €38,774 | €25,602 | -€13,172 | -34.0% |
| Taxes, remuneration and social security | 45 | €7,713 | €2,729 | -€4,984 | -64.6% |
| Taxes | 450/3 | €6,713 | €2,729 | -€3,984 | -59.3% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Turnover | 70 | - | €234,305 | +€234,305 | |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €226,910 | +€226,910 | |
| Remuneration, social security and pensions | 62 | €290 | €290 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,897 | €716 | -€1,181 | -62.3% |
| Other operating charges | 640/8 | €803 | €238 | -€565 | -70.4% |
| Gross operating margin | 9900 | €7,409 | €7,895 | +€486 | +6.6% |
| Operating profit (loss) | 9901 | €4,419 | €6,651 | +€2,233 | +50.5% |
| Financial income | 75/76B | €142 | €110 | -€32 | -22.6% |
| Recurring financial income | 75 | €142 | €110 | -€32 | -22.6% |
| Financial charges | 65/66B | €1,050 | €969 | -€82 | -7.8% |
| Recurring financial charges | 65 | €1,050 | €969 | -€82 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €3,510 | €5,792 | +€2,282 | +65.0% |
| Income taxes | 67/77 | €1,074 | €1,289 | +€216 | +20.1% |
| Profit (loss) for the period | 9904 | €2,436 | €4,503 | +€2,066 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,436 | €4,503 | +€2,066 | +84.8% |
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 13 October 2026 via checked.be.