KHEMIS: 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.
KHEMIS
Largest movements
- Cash -€19,465
down €19,465 (-69.6%), from €27,977 to €8,512
mainly Contributions, distributions and other (-€15,000) and Other debts (-€10,500)
- Other debts -€10,500
down €10,500 (-50.0%), from €21,000 to €10,500
- Trade debts -€8,620
down €8,620 (-79.6%), from €10,827 to €2,207
- Debts after one year -€3,594
no longer reported in 2025 (was €3,594)
- Gross operating margin -€21,720
down €21,720 (-62.2%), from €34,934 to €13,214
- Taxes -€1,817
down €1,817 (-20.5%), from €8,872 to €7,055
- Financial income +€1,761
up €1,761 (+12.4%), from €14,177 to €15,938
- Financial charges -€1,475
down €1,475 (-26.5%), from €5,563 to €4,088
of which Non-recurring financial charges: -€1,714
- Other operating charges -€868
down €868 (-60.3%), from €1,439 to €572
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 | €280,003 | €257,681 | -€22,323 | -8.0% |
| Fixed assets | 21/28 | €47 | - | -€47 | |
| Tangible fixed assets | 22/27 | €47 | - | -€47 | |
| Furniture and vehicles | 24 | €47 | - | -€47 | |
| Current assets | 29/58 | €279,956 | €257,681 | -€22,275 | -8.0% |
| Amounts receivable within one year | 40/41 | €244,480 | €241,861 | -€2,619 | -1.1% |
| Other amounts receivable | 41 | €244,480 | €241,861 | -€2,619 | -1.1% |
| Cash at bank and in hand | 54/58 | €27,977 | €8,512 | -€19,465 | -69.6% |
| Deferred charges and accrued income | 490/1 | €7,499 | €7,307 | -€191 | -2.6% |
| Total equity and liabilities | 10/49 | €280,003 | €257,681 | -€22,323 | -8.0% |
| Equity | 10/15 | €218,028 | €220,419 | +€2,391 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €204,360 | €206,360 | +€2,000 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €202,500 | €204,500 | +€2,000 | +1.0% |
| Profit (loss) carried forward | 14 | €1,268 | €1,659 | +€391 | +30.8% |
| Amounts payable | 17/49 | €61,975 | €37,262 | -€24,713 | -39.9% |
| Amounts payable after more than one year | 17 | €3,594 | - | -€3,594 | |
| Financial debts | 170/4 | €3,594 | - | -€3,594 | |
| Amounts payable within one year | 42/48 | €58,381 | €37,262 | -€21,119 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €15,353 | €16,154 | +€801 | +5.2% |
| Trade debts | 44 | €10,827 | €2,207 | -€8,620 | -79.6% |
| Suppliers | 440/4 | €10,827 | €2,207 | -€8,620 | -79.6% |
| Taxes, remuneration and social security | 45 | €11,200 | €8,400 | -€2,800 | -25.0% |
| Taxes | 450/3 | €9,000 | €6,200 | -€2,800 | -31.1% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €21,000 | €10,500 | -€10,500 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €47 | -€202 | -81.1% |
| Other operating charges | 640/8 | €1,439 | €572 | -€868 | -60.3% |
| Gross operating margin | 9900 | €34,934 | €13,214 | -€21,720 | -62.2% |
| Operating profit (loss) | 9901 | €33,245 | €12,595 | -€20,649 | -62.1% |
| Financial income | 75/76B | €14,177 | €15,938 | +€1,761 | +12.4% |
| Recurring financial income | 75 | €14,177 | €15,938 | +€1,761 | +12.4% |
| Financial charges | 65/66B | €5,563 | €4,088 | -€1,475 | -26.5% |
| Recurring financial charges | 65 | €3,849 | €4,088 | +€239 | +6.2% |
| Non-recurring financial charges | 66B | €1,714 | - | -€1,714 | |
| Profit (loss) for the period before taxes | 9903 | €41,858 | €24,445 | -€17,413 | -41.6% |
| Income taxes | 67/77 | €8,872 | €7,055 | -€1,817 | -20.5% |
| Profit (loss) for the period | 9904 | €32,986 | €17,391 | -€15,595 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,986 | €17,391 | -€15,595 | -47.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.