K.M.R.: 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.R.
Largest movements
- Tangible fixed assets +€369,682
up €369,682 (+102%), from €361,080 to €730,761
- Debts +€358,127
up €358,127 (+88.8%), from €403,500 to €761,627
of which Debts after one year: +€247,662
- Reserves +€12,424
up €12,424 (+72.4%), from €17,168 to €29,592
- Depreciation -€44,796
down €44,796 (-29.9%), from €149,861 to €105,064
- Gross operating margin -€27,487
down €27,487 (-15.6%), from €176,408 to €148,922
- Taxes +€4,970
up €4,970 (+2,986%), from €166 to €5,137
From the 2014 result to the 2015 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 | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €501,768 | €872,319 | +€370,551 | +73.8% |
| Fixed assets | 21/28 | €361,080 | €730,761 | +€369,682 | +102% |
| Tangible fixed assets | 22/27 | €361,080 | €730,761 | +€369,682 | +102% |
| Current assets | 29/58 | €140,689 | €141,558 | +€869 | +0.6% |
| Amounts receivable within one year | 40/41 | €19,372 | €63,827 | +€44,455 | +229% |
| Cash at bank and in hand | 54/58 | €112,539 | €77,731 | -€34,807 | -30.9% |
| Total equity and liabilities | 10/49 | €501,768 | €872,319 | +€370,551 | +73.8% |
| Equity | 10/15 | €98,268 | €110,692 | +€12,424 | +12.6% |
| Contributions | 10/11 | €81,100 | €81,100 | = | 0.0% |
| Reserves | 13 | €17,168 | €29,592 | +€12,424 | +72.4% |
| Amounts payable | 17/49 | €403,500 | €761,627 | +€358,127 | +88.8% |
| Amounts payable after more than one year | 17 | €342,321 | €589,983 | +€247,662 | +72.3% |
| Amounts payable within one year | 42/48 | €53,367 | €171,644 | +€118,277 | +222% |
| Trade debts | 44 | €3,489 | €86,263 | +€82,774 | +2,373% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,861 | €105,064 | -€44,796 | -29.9% |
| Gross operating margin | 9900 | €176,408 | €148,922 | -€27,487 | -15.6% |
| Operating profit (loss) | 9901 | €23,862 | €42,369 | +€18,507 | +77.6% |
| Recurring financial income | 75 | €689 | €841 | +€152 | +22.0% |
| Recurring financial charges | 65 | €15,627 | €18,560 | +€2,933 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €923 | €17,561 | +€16,637 | +1,802% |
| Income taxes | 67/77 | €166 | €5,137 | +€4,970 | +2,986% |
| Profit (loss) for the period | 9904 | €757 | €12,424 | +€11,667 | +1,541% |
| Profit (loss) for the period to be appropriated | 9905 | €757 | €12,424 | +€11,667 | +1,541% |
Source: filed annual accounts (NBB), financial years ended 30 September 2014 and 30 September 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.