K.M.C.: 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.C.
Largest movements
- Stocks and contracts +€4,132
up €4,132 (+85.7%), from €4,822 to €8,954
- Cash +€3,067
up €3,067 (+27.2%), from €11,290 to €14,357
mainly Depreciation (+€7,597) and Tax, wage and social debts (+€2,234)
- Intangible fixed assets -€3,000
down €3,000 (-15.1%), from €19,923 to €16,923
- Tangible fixed assets -€2,597
down €2,597 (-13.3%), from €19,566 to €16,969
- Deferred charges and accrued income -€1,505
no longer reported in 2025 (was €1,505)
- Trade debts -€5,216
down €5,216 (-24.6%), from €21,205 to €15,989
- Tax, wage and social debts +€2,234
up €2,234 (+39.6%), from €5,645 to €7,879
of which Taxes: +€2,929
- Other debts +€2,049
up €2,049 (+4.9%), from €41,459 to €43,508
- Profit (loss) carried forward +€739
up €739 (+2.5%), from -€30,126 to -€29,387
- Gross operating margin +€5,748
up €5,748 (+107%), from €5,393 to €11,141
- Depreciation +€3,538
up €3,538 (+87.2%), from €4,059 to €7,597
- Staff costs +€2,608
new in 2025: €2,608
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 | €58,643 | €58,449 | -€194 | -0.3% |
| Fixed assets | 21/28 | €40,735 | €35,138 | -€5,597 | -13.7% |
| Intangible fixed assets | 21 | €19,923 | €16,923 | -€3,000 | -15.1% |
| Tangible fixed assets | 22/27 | €19,566 | €16,969 | -€2,597 | -13.3% |
| Plant, machinery and equipment | 23 | €19,566 | €16,969 | -€2,597 | -13.3% |
| Financial fixed assets | 28 | €1,246 | €1,246 | = | 0.0% |
| Current assets | 29/58 | €17,908 | €23,311 | +€5,403 | +30.2% |
| Stocks and contracts in progress | 3 | €4,822 | €8,954 | +€4,132 | +85.7% |
| Stocks | 30/36 | €4,822 | €8,954 | +€4,132 | +85.7% |
| Amounts receivable within one year | 40/41 | €291 | - | -€291 | |
| Other amounts receivable | 41 | €291 | - | -€291 | |
| Cash at bank and in hand | 54/58 | €11,290 | €14,357 | +€3,067 | +27.2% |
| Deferred charges and accrued income | 490/1 | €1,505 | - | -€1,505 | |
| Total equity and liabilities | 10/49 | €58,643 | €58,449 | -€194 | -0.3% |
| Equity | 10/15 | -€9,666 | -€8,927 | +€739 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€30,126 | -€29,387 | +€739 | +2.5% |
| Amounts payable | 17/49 | €68,309 | €67,376 | -€933 | -1.4% |
| Amounts payable within one year | 42/48 | €68,309 | €67,376 | -€933 | -1.4% |
| Trade debts | 44 | €21,205 | €15,989 | -€5,216 | -24.6% |
| Suppliers | 440/4 | €21,205 | €15,989 | -€5,216 | -24.6% |
| Taxes, remuneration and social security | 45 | €5,645 | €7,879 | +€2,234 | +39.6% |
| Taxes | 450/3 | - | €2,929 | +€2,929 | |
| Remuneration and social security | 454/9 | €5,645 | €4,950 | -€695 | -12.3% |
| Other amounts payable | 47/48 | €41,459 | €43,508 | +€2,049 | +4.9% |
| Remuneration, social security and pensions | 62 | - | €2,608 | +€2,608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,059 | €7,597 | +€3,538 | +87.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9 | +€9 | |
| Gross operating margin | 9900 | €5,393 | €11,141 | +€5,748 | +107% |
| Operating profit (loss) | 9901 | €1,334 | €927 | -€407 | -30.5% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €154 | €188 | +€34 | +22.1% |
| Recurring financial charges | 65 | €154 | €188 | +€34 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €1,192 | €739 | -€453 | -38.0% |
| Profit (loss) for the period | 9904 | €1,192 | €739 | -€453 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,192 | €739 | -€453 | -38.0% |
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 23 October 2026 via checked.be.