K.J.M.G.: what changed
What changed
K.J.M.G.
filed annual accounts (NBB)
Net result for the year
-€3,355
2024 · -€8,982+€5,627
Equity
€216,587
2024 · €219,942-€3,355
Cash
€1,735
2024 · €1,834-€99
Balance sheet total
€825,724
2024 · €842,259-€16,535
Largest movements
Assets
- Tangible fixed assets -€15,729
down €15,729 (-1.9%), from €839,718 to €823,989
of which Land and buildings: -€15,409
Equity and liabilities
- Debts after one year -€37,778
down €37,778 (-13.1%), from €289,182 to €251,404
- Other debts +€24,474
up €24,474 (+8.5%), from €289,114 to €313,588
Income statement
- Financial charges -€3,579
down €3,579 (-19.9%), from €17,976 to €14,397
- Gross operating margin +€3,458
up €3,458 (+9.2%), from €37,482 to €40,940
- Depreciation +€1,195
up €1,195 (+4.4%), from €27,084 to €28,279
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€8,982
Gross operating margin
+€3,458
Depreciation
-€1,195
Other operating charges
-€323
Financial charges
+€3,579
Taxes
+€108
Result 2025
-€3,355
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€47,937
Investment
-€12,550
Financing
-€35,486
Cash 2024
€1,834
From operations (derived)
+€47,937
Net result for the year
-€3,355
Depreciation
+€28,279
Deferred charges and accrued income
+€707
Provisions
-€2,060
Tax, wage and social debts
-€108
Other debts
+€24,474
Investment (derived)
-€12,550
Investment in fixed assets (net)
-€12,550
Financing
-€35,486
Debts after one year
-€37,778
Current portion of long-term debt
+€2,292
Cash 2025
€1,735
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €842,259 | €825,724 | -€16,535 | -2.0% |
| Fixed assets | 21/28 | €839,718 | €823,989 | -€15,729 | -1.9% |
| Tangible fixed assets | 22/27 | €839,718 | €823,989 | -€15,729 | -1.9% |
| Land and buildings | 22 | €839,078 | €823,669 | -€15,409 | -1.8% |
| Furniture and vehicles | 24 | €640 | €320 | -€320 | -50.0% |
| Current assets | 29/58 | €2,541 | €1,735 | -€806 | -31.7% |
| Cash at bank and in hand | 54/58 | €1,834 | €1,735 | -€99 | -5.4% |
| Deferred charges and accrued income | 490/1 | €707 | - | -€707 | |
| Total equity and liabilities | 10/49 | €842,259 | €825,724 | -€16,535 | -2.0% |
| Equity | 10/15 | €219,942 | €216,587 | -€3,355 | -1.5% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Uncalled capital | 101 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €19,570 | €15,603 | -€3,967 | -20.3% |
| Non-distributable reserves | 130/1 | €7,204 | €7,236 | +€32 | +0.4% |
| Legal reserve | 130 | €7,204 | €7,236 | +€32 | +0.4% |
| Tax-exempt reserves | 132 | €12,366 | €8,367 | -€4,000 | -32.3% |
| Profit (loss) carried forward | 14 | €101,215 | €101,827 | +€612 | +0.6% |
| Provisions and deferred taxes | 16 | €6,372 | €4,312 | -€2,060 | -32.3% |
| Deferred taxes | 168 | €6,372 | €4,312 | -€2,060 | -32.3% |
| Amounts payable | 17/49 | €615,944 | €604,824 | -€11,120 | -1.8% |
| Amounts payable after more than one year | 17 | €289,182 | €251,404 | -€37,778 | -13.1% |
| Financial debts | 170/4 | €289,182 | €251,404 | -€37,778 | -13.1% |
| Amounts payable within one year | 42/48 | €326,762 | €353,420 | +€26,658 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €35,328 | €37,620 | +€2,292 | +6.5% |
| Trade debts | 44 | €2,100 | €2,100 | = | 0.0% |
| Suppliers | 440/4 | €2,100 | €2,100 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €219 | €112 | -€108 | -49.1% |
| Taxes | 450/3 | €219 | €112 | -€108 | -49.1% |
| Other amounts payable | 47/48 | €289,114 | €313,588 | +€24,474 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,084 | €28,279 | +€1,195 | +4.4% |
| Other operating charges | 640/8 | €3,246 | €3,568 | +€323 | +9.9% |
| Gross operating margin | 9900 | €37,482 | €40,940 | +€3,458 | +9.2% |
| Operating profit (loss) | 9901 | €7,153 | €9,093 | +€1,941 | +27.1% |
| Financial charges | 65/66B | €17,976 | €14,397 | -€3,579 | -19.9% |
| Recurring financial charges | 65 | €17,976 | €14,397 | -€3,579 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,823 | -€5,304 | +€5,520 | +51.0% |
| Transfer from deferred taxes | 780 | €2,060 | €2,060 | = | 0.0% |
| Income taxes | 67/77 | €219 | €112 | -€108 | -49.1% |
| Profit (loss) for the period | 9904 | -€8,982 | -€3,355 | +€5,627 | +62.6% |
| Transfer from tax-exempt reserves | 789 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,983 | €645 | +€5,627 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.