KEML-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.
KEML-SERVICES
Largest movements
- Tangible fixed assets -€4,693
down €4,693 (-54.1%), from €8,668 to €3,975
of which Furniture and vehicles: -€3,192
- Cash -€2,576
no longer reported in 2025 (was €2,576)
mainly Net result for the year (-€9,115) and Trade debts (-€4,385)
- Deferred charges and accrued income +€1,181
new in 2025: €1,181
- Receivables within one year -€325
down €325 (-11.1%), from €2,929 to €2,604
of which Trade receivables: -€2,385
- Profit (loss) carried forward -€9,115
down €9,115 (-150.1%), from -€6,074 to -€15,189
- Other debts +€7,039
up €7,039 (+54.7%), from €12,863 to €19,902
- Trade debts -€4,385
down €4,385 (-97.6%), from €4,491 to €106
- Gross operating margin -€24,202
down €24,202, from €20,547 to -€3,655
- Depreciation +€2,777
up €2,777 (+144.9%), from €1,916 to €4,693
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 | €14,173 | €7,760 | -€6,413 | -45.2% |
| Fixed assets | 21/28 | €8,668 | €3,975 | -€4,693 | -54.1% |
| Tangible fixed assets | 22/27 | €8,668 | €3,975 | -€4,693 | -54.1% |
| Plant, machinery and equipment | 23 | €2,348 | €847 | -€1,501 | -63.9% |
| Furniture and vehicles | 24 | €6,320 | €3,128 | -€3,192 | -50.5% |
| Current assets | 29/58 | €5,505 | €3,785 | -€1,720 | -31.2% |
| Amounts receivable within one year | 40/41 | €2,929 | €2,604 | -€325 | -11.1% |
| Trade receivables | 40 | €2,385 | - | -€2,385 | |
| Other amounts receivable | 41 | €544 | €2,604 | +€2,060 | +378.7% |
| Cash at bank and in hand | 54/58 | €2,576 | - | -€2,576 | |
| Deferred charges and accrued income | 490/1 | - | €1,181 | +€1,181 | |
| Total equity and liabilities | 10/49 | €14,173 | €7,760 | -€6,413 | -45.2% |
| Equity | 10/15 | -€5,074 | -€14,189 | -€9,115 | -179.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,074 | -€15,189 | -€9,115 | -150.1% |
| Amounts payable | 17/49 | €19,247 | €21,949 | +€2,702 | +14.0% |
| Amounts payable within one year | 42/48 | €19,247 | €21,949 | +€2,702 | +14.0% |
| Trade debts | 44 | €4,491 | €106 | -€4,385 | -97.6% |
| Suppliers | 440/4 | €4,491 | €106 | -€4,385 | -97.6% |
| Taxes, remuneration and social security | 45 | €1,893 | €1,941 | +€48 | +2.5% |
| Taxes | 450/3 | €1,893 | €1,941 | +€48 | +2.5% |
| Other amounts payable | 47/48 | €12,863 | €19,902 | +€7,039 | +54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,916 | €4,693 | +€2,777 | +144.9% |
| Other operating charges | 640/8 | €581 | €513 | -€68 | -11.7% |
| Gross operating margin | 9900 | €20,547 | -€3,655 | -€24,202 | |
| Operating profit (loss) | 9901 | €18,050 | -€8,861 | -€26,911 | |
| Financial charges | 65/66B | €168 | €78 | -€90 | -53.6% |
| Recurring financial charges | 65 | €168 | €78 | -€90 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €17,882 | -€8,939 | -€26,821 | |
| Income taxes | 67/77 | €141 | €176 | +€35 | +24.8% |
| Profit (loss) for the period | 9904 | €17,741 | -€9,115 | -€26,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,741 | -€9,115 | -€26,856 |
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.