KEMIO: 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.
KEMIO
Largest movements
- Cash +€307,912
up €307,912 (+442.8%), from €69,532 to €377,444
mainly Current investments (+€172,936) and Net result for the year (+€133,840)
- Current investments -€172,936
down €172,936 (-81.2%), from €213,014 to €40,077
- Receivables within one year +€8,223
up €8,223 (+25.6%), from €32,147 to €40,370
of which Trade receivables: +€8,237
- Tangible fixed assets -€5,843
down €5,843 (-33.9%), from €17,224 to €11,381
- Profit (loss) carried forward +€133,840
up €133,840 (+47.4%), from €282,118 to €415,957
- Financial income +€16,548
up €16,548 (+254.0%), from €6,515 to €23,063
- Gross operating margin -€4,438
down €4,438 (-2.7%), from €163,337 to €158,900
- Taxes +€2,782
up €2,782 (+7.4%), from €37,388 to €40,170
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 | €333,358 | €470,590 | +€137,232 | +41.2% |
| Fixed assets | 21/28 | €17,224 | €11,381 | -€5,843 | -33.9% |
| Tangible fixed assets | 22/27 | €17,224 | €11,381 | -€5,843 | -33.9% |
| Furniture and vehicles | 24 | €17,224 | €11,381 | -€5,843 | -33.9% |
| Current assets | 29/58 | €316,134 | €459,209 | +€143,075 | +45.3% |
| Amounts receivable within one year | 40/41 | €32,147 | €40,370 | +€8,223 | +25.6% |
| Trade receivables | 40 | €32,133 | €40,370 | +€8,237 | +25.6% |
| Other amounts receivable | 41 | €14 | €0 | -€14 | -100.0% |
| Current investments | 50/53 | €213,014 | €40,077 | -€172,936 | -81.2% |
| Cash at bank and in hand | 54/58 | €69,532 | €377,444 | +€307,912 | +442.8% |
| Deferred charges and accrued income | 490/1 | €1,441 | €1,318 | -€123 | -8.6% |
| Total equity and liabilities | 10/49 | €333,358 | €470,590 | +€137,232 | +41.2% |
| Equity | 10/15 | €283,118 | €416,957 | +€133,840 | +47.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €282,118 | €415,957 | +€133,840 | +47.4% |
| Amounts payable | 17/49 | €50,241 | €53,633 | +€3,393 | +6.8% |
| Amounts payable within one year | 42/48 | €50,220 | €53,613 | +€3,392 | +6.8% |
| Trade debts | 44 | €3,753 | €3,662 | -€91 | -2.4% |
| Suppliers | 440/4 | €3,753 | €3,662 | -€91 | -2.4% |
| Taxes, remuneration and social security | 45 | €45,638 | €47,515 | +€1,878 | +4.1% |
| Taxes | 450/3 | €45,638 | €47,515 | +€1,878 | +4.1% |
| Other amounts payable | 47/48 | €830 | €2,435 | +€1,605 | +193.4% |
| Accrued charges and deferred income | 492/3 | €20 | €21 | +€0 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,843 | €5,843 | = | 0.0% |
| Other operating charges | 640/8 | €572 | €899 | +€327 | +57.1% |
| Gross operating margin | 9900 | €163,337 | €158,900 | -€4,438 | -2.7% |
| Operating profit (loss) | 9901 | €156,923 | €152,158 | -€4,764 | -3.0% |
| Financial income | 75/76B | €6,515 | €23,063 | +€16,548 | +254.0% |
| Recurring financial income | 75 | €6,515 | €23,063 | +€16,548 | +254.0% |
| Financial charges | 65/66B | €671 | €1,212 | +€541 | +80.7% |
| Recurring financial charges | 65 | €671 | €1,212 | +€541 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | €162,767 | €174,010 | +€11,243 | +6.9% |
| Income taxes | 67/77 | €37,388 | €40,170 | +€2,782 | +7.4% |
| Profit (loss) for the period | 9904 | €125,379 | €133,840 | +€8,460 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €125,379 | €133,840 | +€8,460 | +6.7% |
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 4 October 2026 via checked.be.