KG Motors: what changed
KG Motors
Largest movements
- Tangible fixed assets +€9,262
up €9,262 (+40.5%), from €22,887 to €32,149
of which Plant, machinery and equipment: +€5,572
- Deferred charges and accrued income +€3,458
up €3,458 (+90.1%), from €3,840 to €7,298
- Cash +€1,714
up €1,714 (+16.7%), from €10,257 to €11,971
mainly Net result for the year (+€7,528) and Depreciation (+€6,981)
- Receivables within one year +€1,068
up €1,068 (+6.3%), from €16,993 to €18,062
of which Trade receivables: +€823
- Stocks and contracts +€844
up €844 (+11.2%), from €7,513 to €8,357
- Reserves +€6,695
up €6,695 (+26.6%), from €25,142 to €31,837
- Current portion of long-term debt +€2,627
up €2,627 (+71.2%), from €3,690 to €6,317
- Debts after one year +€2,133
up €2,133 (+30.5%), from €6,987 to €9,120
- Other debts +€2,120
up €2,120 (+25.4%), from €8,342 to €10,462
- Tax, wage and social debts +€1,468
up €1,468 (+14.5%), from €10,094 to €11,562
- Depreciation +€2,990
up €2,990 (+74.9%), from €3,991 to €6,981
- Other operating charges +€2,688
up €2,688 (+356%), from €755 to €3,444
- Gross operating margin +€1,761
up €1,761 (+8.0%), from €22,073 to €23,834
- Financial charges +€1,630
up €1,630 (+77.5%), from €2,103 to €3,733
- Taxes -€1,074
down €1,074 (-33.0%), from €3,251 to €2,177
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,490 | €83,837 | +€16,347 | +24.2% |
| Fixed assets | 21/28 | €28,887 | €38,149 | +€9,262 | +32.1% |
| Tangible fixed assets | 22/27 | €22,887 | €32,149 | +€9,262 | +40.5% |
| Plant, machinery and equipment | 23 | €11,674 | €17,246 | +€5,572 | +47.7% |
| Furniture and vehicles | 24 | €812 | €3,241 | +€2,430 | +299% |
| Other tangible fixed assets | 26 | €10,401 | €11,661 | +€1,260 | +12.1% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €38,603 | €45,688 | +€7,085 | +18.4% |
| Stocks and contracts in progress | 3 | €7,513 | €8,357 | +€844 | +11.2% |
| Stocks | 30/36 | €7,513 | €8,357 | +€844 | +11.2% |
| Amounts receivable within one year | 40/41 | €16,993 | €18,062 | +€1,068 | +6.3% |
| Trade receivables | 40 | €16,993 | €17,816 | +€823 | +4.8% |
| Other amounts receivable | 41 | €0 | €246 | +€246 | |
| Cash at bank and in hand | 54/58 | €10,257 | €11,971 | +€1,714 | +16.7% |
| Deferred charges and accrued income | 490/1 | €3,840 | €7,298 | +€3,458 | +90.1% |
| Total equity and liabilities | 10/49 | €67,490 | €83,837 | +€16,347 | +24.2% |
| Equity | 10/15 | €27,142 | €33,837 | +€6,695 | +24.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €25,142 | €31,837 | +€6,695 | +26.6% |
| Distributable reserves | 133 | €25,142 | €31,837 | +€6,695 | +26.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,348 | €50,000 | +€9,652 | +23.9% |
| Amounts payable after more than one year | 17 | €6,987 | €9,120 | +€2,133 | +30.5% |
| Financial debts | 170/4 | €6,987 | €9,120 | +€2,133 | +30.5% |
| Amounts payable within one year | 42/48 | €32,698 | €40,081 | +€7,382 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €3,690 | €6,317 | +€2,627 | +71.2% |
| Financial debts | 43 | - | €331 | +€331 | |
| Credit institutions | 430/8 | - | €331 | +€331 | |
| Trade debts | 44 | €10,572 | €11,409 | +€837 | +7.9% |
| Suppliers | 440/4 | €10,572 | €11,409 | +€837 | +7.9% |
| Taxes, remuneration and social security | 45 | €10,094 | €11,562 | +€1,468 | +14.5% |
| Taxes | 450/3 | €10,094 | €11,562 | +€1,468 | +14.5% |
| Other amounts payable | 47/48 | €8,342 | €10,462 | +€2,120 | +25.4% |
| Accrued charges and deferred income | 492/3 | €663 | €800 | +€137 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,991 | €6,981 | +€2,990 | +74.9% |
| Other operating charges | 640/8 | €755 | €3,444 | +€2,688 | +356% |
| Gross operating margin | 9900 | €22,073 | €23,834 | +€1,761 | +8.0% |
| Operating profit (loss) | 9901 | €17,326 | €13,409 | -€3,917 | -22.6% |
| Financial income | 75/76B | €48 | €29 | -€19 | -38.9% |
| Recurring financial income | 75 | €48 | €29 | -€19 | -38.9% |
| Financial charges | 65/66B | €2,103 | €3,733 | +€1,630 | +77.5% |
| Recurring financial charges | 65 | €2,103 | €3,733 | +€1,630 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €15,271 | €9,705 | -€5,566 | -36.4% |
| Income taxes | 67/77 | €3,251 | €2,177 | -€1,074 | -33.0% |
| Profit (loss) for the period | 9904 | €12,020 | €7,528 | -€4,492 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,020 | €7,528 | -€4,492 | -37.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.