KEMT: 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.
KEMT
Largest movements
- Receivables within one year -€23,173
down €23,173 (-21.9%), from €105,860 to €82,687
of which Trade receivables: -€11,979
- Cash -€2,348
down €2,348 (-37.8%), from €6,215 to €3,867
mainly Other debts (-€34,000)
- Other debts -€34,000
down €34,000 (-85.0%), from €40,000 to €6,000
- Profit (loss) carried forward +€6,220
up €6,220 (+15.5%), from €40,246 to €46,466
- Tax, wage and social debts +€2,215
up €2,215 (+8.8%), from €25,045 to €27,260
- Gross operating margin -€56,816
down €56,816 (-84.5%), from €67,228 to €10,411
- Taxes -€10,699
down €10,699 (-80.4%), from €13,307 to €2,608
- Other operating charges -€2,454
down €2,454 (-76.6%), from €3,205 to €751
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.
Derived cash bridge
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 | €112,075 | €86,554 | -€25,521 | -22.8% |
| Current assets | 29/58 | €112,075 | €86,554 | -€25,521 | -22.8% |
| Amounts receivable within one year | 40/41 | €105,860 | €82,687 | -€23,173 | -21.9% |
| Trade receivables | 40 | €11,979 | - | -€11,979 | |
| Other amounts receivable | 41 | €93,881 | €82,687 | -€11,194 | -11.9% |
| Cash at bank and in hand | 54/58 | €6,215 | €3,867 | -€2,348 | -37.8% |
| Total equity and liabilities | 10/49 | €112,075 | €86,554 | -€25,521 | -22.8% |
| Equity | 10/15 | €46,246 | €52,466 | +€6,220 | +13.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,246 | €46,466 | +€6,220 | +15.5% |
| Amounts payable | 17/49 | €65,829 | €34,088 | -€31,741 | -48.2% |
| Amounts payable within one year | 42/48 | €65,829 | €34,088 | -€31,741 | -48.2% |
| Trade debts | 44 | €784 | €828 | +€44 | +5.6% |
| Suppliers | 440/4 | €784 | €828 | +€44 | +5.6% |
| Taxes, remuneration and social security | 45 | €25,045 | €27,260 | +€2,215 | +8.8% |
| Taxes | 450/3 | €25,045 | €27,260 | +€2,215 | +8.8% |
| Other amounts payable | 47/48 | €40,000 | €6,000 | -€34,000 | -85.0% |
| Other operating charges | 640/8 | €3,205 | €751 | -€2,454 | -76.6% |
| Gross operating margin | 9900 | €67,228 | €10,411 | -€56,816 | -84.5% |
| Operating profit (loss) | 9901 | €64,022 | €9,660 | -€54,362 | -84.9% |
| Financial income | 75/76B | €28 | - | -€28 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Financial charges | 65/66B | €1,181 | €832 | -€349 | -29.6% |
| Recurring financial charges | 65 | €1,181 | €832 | -€349 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €62,869 | €8,828 | -€54,041 | -86.0% |
| Income taxes | 67/77 | €13,307 | €2,608 | -€10,699 | -80.4% |
| Profit (loss) for the period | 9904 | €49,562 | €6,220 | -€43,342 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,562 | €6,220 | -€43,342 | -87.5% |
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 16 October 2026 via checked.be.