K.M.A. GROUP: 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.M.A. GROUP
Largest movements
- Tangible fixed assets -€7,920
down €7,920 (-41.0%), from €19,340 to €11,420
of which Plant, machinery and equipment: -€4,440
- Profit (loss) carried forward -€16,021
down €16,021 (-26.2%), from -€61,056 to -€77,077
- Other debts +€8,541
up €8,541 (+16.9%), from €50,536 to €59,076
- Trade debts -€968
down €968 (-9.6%), from €10,114 to €9,146
- Short-term financial debts +€550
up €550 (+5.6%), from €9,808 to €10,358
- Gross operating margin +€13,355
up €13,355 (+69.5%), from -€19,207 to -€5,852
- Staff costs -€1,186
no longer reported in 2024 (was €1,186)
- Other operating charges -€971
down €971 (-61.6%), from €1,576 to €606
- Depreciation -€505
down €505 (-6.0%), from €8,425 to €7,920
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,739 | €11,739 | -€7,999 | -40.5% |
| Fixed assets | 21/28 | €19,340 | €11,420 | -€7,920 | -41.0% |
| Tangible fixed assets | 22/27 | €19,340 | €11,420 | -€7,920 | -41.0% |
| Land and buildings | 22 | €4,424 | €3,792 | -€632 | -14.3% |
| Plant, machinery and equipment | 23 | €9,220 | €4,780 | -€4,440 | -48.2% |
| Furniture and vehicles | 24 | €5,696 | €2,848 | -€2,848 | -50.0% |
| Current assets | 29/58 | €399 | €319 | -€80 | -19.9% |
| Amounts receivable within one year | 40/41 | €399 | €319 | -€80 | -19.9% |
| Other amounts receivable | 41 | €399 | €319 | -€80 | -19.9% |
| Total equity and liabilities | 10/49 | €19,739 | €11,739 | -€7,999 | -40.5% |
| Equity | 10/15 | -€50,821 | -€66,842 | -€16,021 | -31.5% |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Reserves | 13 | €735 | €735 | = | 0.0% |
| Distributable reserves | 133 | €735 | €735 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,056 | -€77,077 | -€16,021 | -26.2% |
| Amounts payable | 17/49 | €70,560 | €78,581 | +€8,021 | +11.4% |
| Amounts payable within one year | 42/48 | €70,560 | €78,581 | +€8,021 | +11.4% |
| Financial debts | 43 | €9,808 | €10,358 | +€550 | +5.6% |
| Credit institutions | 430/8 | €9,808 | €10,358 | +€550 | +5.6% |
| Trade debts | 44 | €10,114 | €9,146 | -€968 | -9.6% |
| Suppliers | 440/4 | €10,114 | €9,146 | -€968 | -9.6% |
| Taxes, remuneration and social security | 45 | €102 | - | -€102 | |
| Taxes | 450/3 | €102 | - | -€102 | |
| Other amounts payable | 47/48 | €50,536 | €59,076 | +€8,541 | +16.9% |
| Remuneration, social security and pensions | 62 | €1,186 | - | -€1,186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,425 | €7,920 | -€505 | -6.0% |
| Other operating charges | 640/8 | €1,576 | €606 | -€971 | -61.6% |
| Gross operating margin | 9900 | -€19,207 | -€5,852 | +€13,355 | +69.5% |
| Operating profit (loss) | 9901 | -€30,395 | -€14,377 | +€16,018 | +52.7% |
| Financial charges | 65/66B | €1,579 | €1,643 | +€64 | +4.1% |
| Recurring financial charges | 65 | €1,579 | €1,643 | +€64 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | -€31,974 | -€16,021 | +€15,954 | +49.9% |
| Profit (loss) for the period | 9904 | -€31,974 | -€16,021 | +€15,954 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,974 | -€16,021 | +€15,954 | +49.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.