KDM SOLUTIONS: what changed
Two fiscal 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.
KDM SOLUTIONS
Largest movements
- Tangible fixed assets -€10,896
down €10,896 (-8.2%), from €132,795 to €121,899
of which Land and buildings: -€7,109
- Cash +€2,439
up €2,439 (+13.6%), from €17,871 to €20,309
mainly Depreciation (+€10,896) and Trade debts (+€5,103)
- Reserves -€16,344
down €16,344 (-23.9%), from €68,291 to €51,947
of which Distributable reserves: -€16,344
- Trade debts +€5,103
new in 2025: €5,103
- Other debts +€2,784
up €2,784 (+17.3%), from €16,112 to €18,896
- Gross operating margin +€2,169
up €2,169 (+77.7%), from -€2,793 to -€624
- Taxes -€625
no longer reported in 2025 (was €625)
- Other operating charges +€78
up €78 (+1.7%), from €4,605 to €4,683
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.
Cash bridge derived
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 | €150,666 | €142,208 | -€8,457 | -5.6% |
| Fixed assets | 21/28 | €132,795 | €121,899 | -€10,896 | -8.2% |
| Tangible fixed assets | 22/27 | €132,795 | €121,899 | -€10,896 | -8.2% |
| Land and buildings | 22 | €112,904 | €105,795 | -€7,109 | -6.3% |
| Plant, machinery and equipment | 23 | €19,265 | €16,104 | -€3,162 | -16.4% |
| Furniture and vehicles | 24 | €625 | - | -€625 | |
| Current assets | 29/58 | €17,871 | €20,309 | +€2,439 | +13.6% |
| Cash at bank and in hand | 54/58 | €17,871 | €20,309 | +€2,439 | +13.6% |
| Total equity and liabilities | 10/49 | €150,666 | €142,208 | -€8,457 | -5.6% |
| Equity | 10/15 | €134,554 | €118,210 | -€16,344 | -12.1% |
| Contributions | 10/11 | €66,263 | €66,263 | = | 0.0% |
| Capital | 10 | €66,263 | €66,263 | = | 0.0% |
| Issued capital | 100 | €66,263 | €66,263 | = | 0.0% |
| Reserves | 13 | €68,291 | €51,947 | -€16,344 | -23.9% |
| Non-distributable reserves | 130/1 | €6,570 | €6,570 | = | 0.0% |
| Legal reserve | 130 | €6,570 | €6,570 | = | 0.0% |
| Distributable reserves | 133 | €61,720 | €45,377 | -€16,344 | -26.5% |
| Amounts payable | 17/49 | €16,112 | €23,999 | +€7,886 | +48.9% |
| Amounts payable within one year | 42/48 | €16,112 | €23,999 | +€7,886 | +48.9% |
| Trade debts | 44 | - | €5,103 | +€5,103 | |
| Suppliers | 440/4 | - | €5,103 | +€5,103 | |
| Other amounts payable | 47/48 | €16,112 | €18,896 | +€2,784 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,896 | €10,896 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,605 | €4,683 | +€78 | +1.7% |
| Gross operating margin | 9900 | -€2,793 | -€624 | +€2,169 | +77.7% |
| Operating profit (loss) | 9901 | -€18,295 | -€16,203 | +€2,091 | +11.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €140 | €141 | +€0 | +0.1% |
| Recurring financial charges | 65 | €140 | €141 | +€0 | +0.1% |
| Non-recurring financial charges | 66B | €140 | €141 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,435 | -€16,344 | +€2,091 | +11.3% |
| Income taxes | 67/77 | €625 | - | -€625 | |
| Profit (loss) for the period | 9904 | -€19,060 | -€16,344 | +€2,716 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,060 | -€16,344 | +€2,716 | +14.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.