Kemat Services: 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.
Kemat Services
Largest movements
- Receivables within one year -€75,176
down €75,176 (-31.8%), from €236,505 to €161,329
- Tangible fixed assets -€9,195
down €9,195 (-28.0%), from €32,835 to €23,640
of which Leasing and similar rights: -€7,859
- Trade debts -€124,637
down €124,637 (-88.9%), from €140,261 to €15,624
- Other debts +€100,182
up €100,182 (+135.6%), from €73,900 to €174,082
- Profit (loss) carried forward -€42,539
down €42,539 (-123.6%), from -€34,411 to -€76,950
- Tax, wage and social debts -€9,096
down €9,096 (-21.3%), from €42,801 to €33,705
of which Taxes: -€12,879
- Debts after one year -€7,849
down €7,849 (-38.7%), from €20,280 to €12,431
- Gross operating margin +€24,170
up €24,170 (+13.4%), from €180,036 to €204,206
- Other operating charges +€22,836
up €22,836 (+646.0%), from €3,535 to €26,371
- Financial charges +€6,424
up €6,424 (+157.7%), from €4,073 to €10,497
- Depreciation +€4,506
up €4,506 (+96.1%), from €4,689 to €9,195
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 | €272,347 | €188,741 | -€83,606 | -30.7% |
| Fixed assets | 21/28 | €32,835 | €23,640 | -€9,195 | -28.0% |
| Tangible fixed assets | 22/27 | €32,835 | €23,640 | -€9,195 | -28.0% |
| Furniture and vehicles | 24 | €4,675 | €3,339 | -€1,336 | -28.6% |
| Leasing and similar rights | 25 | €28,160 | €20,301 | -€7,859 | -27.9% |
| Current assets | 29/58 | €239,512 | €165,101 | -€74,411 | -31.1% |
| Amounts receivable within one year | 40/41 | €236,505 | €161,329 | -€75,176 | -31.8% |
| Other amounts receivable | 41 | €236,505 | €161,329 | -€75,176 | -31.8% |
| Cash at bank and in hand | 54/58 | €3,007 | €3,772 | +€765 | +25.4% |
| Total equity and liabilities | 10/49 | €272,347 | €188,741 | -€83,606 | -30.7% |
| Equity | 10/15 | -€12,411 | -€54,950 | -€42,539 | -342.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,411 | -€76,950 | -€42,539 | -123.6% |
| Amounts payable | 17/49 | €284,758 | €243,691 | -€41,067 | -14.4% |
| Amounts payable after more than one year | 17 | €20,280 | €12,431 | -€7,849 | -38.7% |
| Financial debts | 170/4 | €20,280 | €12,431 | -€7,849 | -38.7% |
| Amounts payable within one year | 42/48 | €264,478 | €231,260 | -€33,218 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €7,516 | €7,849 | +€333 | +4.4% |
| Trade debts | 44 | €140,261 | €15,624 | -€124,637 | -88.9% |
| Suppliers | 440/4 | €140,261 | €15,624 | -€124,637 | -88.9% |
| Taxes, remuneration and social security | 45 | €42,801 | €33,705 | -€9,096 | -21.3% |
| Taxes | 450/3 | €24,703 | €11,824 | -€12,879 | -52.1% |
| Remuneration and social security | 454/9 | €18,098 | €21,881 | +€3,783 | +20.9% |
| Other amounts payable | 47/48 | €73,900 | €174,082 | +€100,182 | +135.6% |
| Remuneration, social security and pensions | 62 | €200,414 | €200,512 | +€98 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,689 | €9,195 | +€4,506 | +96.1% |
| Other operating charges | 640/8 | €3,535 | €26,371 | +€22,836 | +646.0% |
| Gross operating margin | 9900 | €180,036 | €204,206 | +€24,170 | +13.4% |
| Operating profit (loss) | 9901 | -€28,602 | -€31,872 | -€3,270 | -11.4% |
| Financial charges | 65/66B | €4,073 | €10,497 | +€6,424 | +157.7% |
| Recurring financial charges | 65 | €4,073 | €10,497 | +€6,424 | +157.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,675 | -€42,369 | -€9,694 | -29.7% |
| Income taxes | 67/77 | €207 | €170 | -€37 | -17.9% |
| Profit (loss) for the period | 9904 | -€32,882 | -€42,539 | -€9,657 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,882 | -€42,539 | -€9,657 | -29.4% |
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 9 October 2026 via checked.be.