KDM TECHNICS: 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.
KDM TECHNICS
Largest movements
- Cash +€51,917
up €51,917 (+141.9%), from €36,592 to €88,509
mainly Depreciation (+€28,843) and Receivables within one year (+€24,650)
- Tangible fixed assets -€27,595
down €27,595 (-22.5%), from €122,506 to €94,911
of which Furniture and vehicles: -€28,045
- Receivables within one year -€24,650
down €24,650 (-17.7%), from €139,238 to €114,588
of which Other amounts receivable: -€28,406
- Stocks and contracts +€4,008
up €4,008 (+209.1%), from €1,917 to €5,925
- Deferred charges and accrued income +€3,208
up €3,208, from €0 to €3,208
- Other debts +€23,513
up €23,513 (+2939.2%), from €800 to €24,313
- Trade debts +€22,700
up €22,700 (+133.8%), from €16,965 to €39,665
- Reserves -€22,300
down €22,300 (-12.5%), from €178,535 to €156,235
- Debts after one year -€12,100
down €12,100 (-16.9%), from €71,774 to €59,674
- Tax, wage and social debts -€7,229
down €7,229 (-81.3%), from €8,889 to €1,660
- Gross operating margin +€15,666
up €15,666 (+35.2%), from €44,550 to €60,216
- Depreciation +€11,522
up €11,522 (+66.5%), from €17,321 to €28,843
- Financial charges +€3,068
up €3,068 (+148.4%), from €2,068 to €5,135
- Taxes +€878
up €878 (+12.2%), from €7,209 to €8,086
- Other operating charges -€840
down €840 (-49.9%), from €1,682 to €843
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 | €300,252 | €307,141 | +€6,889 | +2.3% |
| Fixed assets | 21/28 | €122,506 | €94,911 | -€27,595 | -22.5% |
| Tangible fixed assets | 22/27 | €122,506 | €94,911 | -€27,595 | -22.5% |
| Land and buildings | 22 | - | €1,073 | +€1,073 | |
| Plant, machinery and equipment | 23 | €934 | €311 | -€623 | -66.7% |
| Furniture and vehicles | 24 | €121,572 | €93,527 | -€28,045 | -23.1% |
| Current assets | 29/58 | €177,746 | €212,230 | +€34,483 | +19.4% |
| Stocks and contracts in progress | 3 | €1,917 | €5,925 | +€4,008 | +209.1% |
| Stocks | 30/36 | €1,917 | €5,925 | +€4,008 | +209.1% |
| Amounts receivable within one year | 40/41 | €139,238 | €114,588 | -€24,650 | -17.7% |
| Trade receivables | 40 | €100,689 | €104,445 | +€3,756 | +3.7% |
| Other amounts receivable | 41 | €38,549 | €10,143 | -€28,406 | -73.7% |
| Cash at bank and in hand | 54/58 | €36,592 | €88,509 | +€51,917 | +141.9% |
| Deferred charges and accrued income | 490/1 | €0 | €3,208 | +€3,208 | |
| Total equity and liabilities | 10/49 | €300,252 | €307,141 | +€6,889 | +2.3% |
| Equity | 10/15 | €191,554 | €169,282 | -€22,271 | -11.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €178,535 | €156,235 | -€22,300 | -12.5% |
| Distributable reserves | 133 | €178,535 | €156,235 | -€22,300 | -12.5% |
| Profit (loss) carried forward | 14 | €519 | €547 | +€29 | +5.5% |
| Amounts payable | 17/49 | €108,698 | €137,858 | +€29,160 | +26.8% |
| Amounts payable after more than one year | 17 | €71,774 | €59,674 | -€12,100 | -16.9% |
| Financial debts | 170/4 | €71,774 | €59,674 | -€12,100 | -16.9% |
| Amounts payable within one year | 42/48 | €36,109 | €76,828 | +€40,720 | +112.8% |
| Current portion of amounts payable after more than one year | 42 | €9,455 | €11,191 | +€1,736 | +18.4% |
| Trade debts | 44 | €16,965 | €39,665 | +€22,700 | +133.8% |
| Suppliers | 440/4 | €16,965 | €39,665 | +€22,700 | +133.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,889 | €1,660 | -€7,229 | -81.3% |
| Taxes | 450/3 | €8,889 | €1,660 | -€7,229 | -81.3% |
| Other amounts payable | 47/48 | €800 | €24,313 | +€23,513 | +2939.2% |
| Accrued charges and deferred income | 492/3 | €816 | €1,356 | +€540 | +66.3% |
| Non-recurring operating income | 76A | €19,074 | €0 | -€19,074 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,321 | €28,843 | +€11,522 | +66.5% |
| Other operating charges | 640/8 | €1,682 | €843 | -€840 | -49.9% |
| Gross operating margin | 9900 | €44,550 | €60,216 | +€15,666 | +35.2% |
| Operating profit (loss) | 9901 | €25,546 | €30,530 | +€4,984 | +19.5% |
| Financial income | 75/76B | €477 | €120 | -€356 | -74.8% |
| Recurring financial income | 75 | €477 | €120 | -€356 | -74.8% |
| Financial charges | 65/66B | €2,068 | €5,135 | +€3,068 | +148.4% |
| Recurring financial charges | 65 | €2,068 | €5,135 | +€3,068 | +148.4% |
| Profit (loss) for the period before taxes | 9903 | €23,955 | €25,515 | +€1,560 | +6.5% |
| Income taxes | 67/77 | €7,209 | €8,086 | +€878 | +12.2% |
| Profit (loss) for the period | 9904 | €16,747 | €17,429 | +€682 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,747 | €17,429 | +€682 | +4.1% |
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 12 October 2026 via checked.be.