K& M HOLDING: 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 HOLDING
Largest movements
- Tangible fixed assets -€31,500
down €31,500 (-10.0%), from €315,000 to €283,500
- Cash -€14,348
no longer reported in 2023 (was €14,348)
mainly Debts after one year (-€85,389) and Net result for the year (-€50,494)
- Receivables within one year +€5,000
up €5,000 (+49.6%), from €10,078 to €15,078
of which Other amounts receivable: +€5,000
- Debts after one year -€85,389
down €85,389 (-11.2%), from €759,663 to €674,274
- Other debts +€66,880
up €66,880 (+210%), from €31,885 to €98,765
- Profit (loss) carried forward -€50,494
down €50,494 (-9.1%), from -€552,485 to -€602,979
- Short-term financial debts +€40,341
up €40,341 (+31.1%), from €129,815 to €170,156
of which Other loans: +€45,474
- Trade debts -€12,186
down €12,186 (-69.5%), from €17,546 to €5,360
- Gross operating margin +€36,831
up €36,831, from -€35,746 to €1,085
- Other operating charges +€8,706
up €8,706 (+155%), from €5,617 to €14,323
- Financial charges -€855
down €855 (-12.9%), from €6,612 to €5,756
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €400,806 | €359,958 | -€40,848 | -10.2% |
| Fixed assets | 21/28 | €376,380 | €344,880 | -€31,500 | -8.4% |
| Tangible fixed assets | 22/27 | €315,000 | €283,500 | -€31,500 | -10.0% |
| Land and buildings | 22 | €315,000 | €283,500 | -€31,500 | -10.0% |
| Financial fixed assets | 28 | €61,380 | €61,380 | = | 0.0% |
| Current assets | 29/58 | €24,426 | €15,078 | -€9,348 | -38.3% |
| Amounts receivable within one year | 40/41 | €10,078 | €15,078 | +€5,000 | +49.6% |
| Trade receivables | 40 | €10,078 | €10,078 | = | 0.0% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €14,348 | - | -€14,348 | |
| Total equity and liabilities | 10/49 | €400,806 | €359,958 | -€40,848 | -10.2% |
| Equity | 10/15 | -€538,103 | -€588,597 | -€50,494 | -9.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,982 | €1,982 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €742 | €742 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€552,485 | -€602,979 | -€50,494 | -9.1% |
| Amounts payable | 17/49 | €938,909 | €948,555 | +€9,646 | +1.0% |
| Amounts payable after more than one year | 17 | €759,663 | €674,274 | -€85,389 | -11.2% |
| Financial debts | 170/4 | €759,663 | €674,274 | -€85,389 | -11.2% |
| Amounts payable within one year | 42/48 | €179,246 | €274,281 | +€95,035 | +53.0% |
| Financial debts | 43 | €129,815 | €170,156 | +€40,341 | +31.1% |
| Credit institutions | 430/8 | €6,099 | €966 | -€5,133 | -84.2% |
| Other loans | 439 | €123,716 | €169,190 | +€45,474 | +36.8% |
| Trade debts | 44 | €17,546 | €5,360 | -€12,186 | -69.5% |
| Suppliers | 440/4 | €17,546 | €5,360 | -€12,186 | -69.5% |
| Other amounts payable | 47/48 | €31,885 | €98,765 | +€66,880 | +210% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,500 | €31,500 | = | 0.0% |
| Other operating charges | 640/8 | €5,617 | €14,323 | +€8,706 | +155% |
| Gross operating margin | 9900 | -€35,746 | €1,085 | +€36,831 | |
| Operating profit (loss) | 9901 | -€72,862 | -€44,738 | +€28,125 | +38.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,612 | €5,756 | -€855 | -12.9% |
| Recurring financial charges | 65 | €6,612 | €5,756 | -€855 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€79,474 | -€50,494 | +€28,980 | +36.5% |
| Profit (loss) for the period | 9904 | -€79,474 | -€50,494 | +€28,980 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,474 | -€50,494 | +€28,980 | +36.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.