KHM RENOVATIE: what changed
KHM RENOVATIE
Largest movements
- Cash -€43,760
down €43,760 (-80.6%), from €54,290 to €10,530
mainly Investment in fixed assets (net) (-€55,284) and Receivables within one year (-€41,995)
- Receivables within one year +€41,995
up €41,995 (+482%), from €8,713 to €50,708
of which Trade receivables: +€45,010
- Tangible fixed assets +€37,223
up €37,223 (+128%), from €29,025 to €66,248
of which Furniture and vehicles: +€38,098
- Deferred charges and accrued income -€3,306
no longer reported in 2025 (was €3,306)
- Profit (loss) carried forward -€40,210
down €40,210 (-55.0%), from €73,099 to €32,889
- Debts after one year +€30,109
new in 2025: €30,109
- Tax, wage and social debts +€24,697
up €24,697 (+511%), from €4,837 to €29,533
of which Taxes: +€19,808
- Current portion of long-term debt +€8,737
new in 2025: €8,737
- Accrued charges and deferred income +€6,503
new in 2025: €6,503
- Gross operating margin -€112,811
down €112,811 (-91.0%), from €124,027 to €11,215
- Staff costs -€31,269
down €31,269 (-74.7%), from €41,874 to €10,605
- Taxes +€19,802
new in 2025: €19,802
- Depreciation +€10,825
up €10,825 (+142%), from €7,636 to €18,461
- Financial charges +€1,704
up €1,704 (+3,589%), from €47 to €1,752
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 | €96,734 | €128,485 | +€31,751 | +32.8% |
| Fixed assets | 21/28 | €30,425 | €67,248 | +€36,823 | +121% |
| Intangible fixed assets | 21 | €1,400 | €1,000 | -€400 | -28.6% |
| Tangible fixed assets | 22/27 | €29,025 | €66,248 | +€37,223 | +128% |
| Plant, machinery and equipment | 23 | €2,784 | €1,908 | -€876 | -31.5% |
| Furniture and vehicles | 24 | €26,241 | €64,339 | +€38,098 | +145% |
| Current assets | 29/58 | €66,309 | €61,237 | -€5,072 | -7.6% |
| Amounts receivable within one year | 40/41 | €8,713 | €50,708 | +€41,995 | +482% |
| Trade receivables | 40 | €3,202 | €48,212 | +€45,010 | +1,406% |
| Other amounts receivable | 41 | €5,511 | €2,496 | -€3,016 | -54.7% |
| Cash at bank and in hand | 54/58 | €54,290 | €10,530 | -€43,760 | -80.6% |
| Deferred charges and accrued income | 490/1 | €3,306 | - | -€3,306 | |
| Total equity and liabilities | 10/49 | €96,734 | €128,485 | +€31,751 | +32.8% |
| Equity | 10/15 | €78,099 | €37,889 | -€40,210 | -51.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,099 | €32,889 | -€40,210 | -55.0% |
| Amounts payable | 17/49 | €18,635 | €90,596 | +€71,961 | +386% |
| Amounts payable after more than one year | 17 | - | €30,109 | +€30,109 | |
| Financial debts | 170/4 | - | €30,109 | +€30,109 | |
| Amounts payable within one year | 42/48 | €18,635 | €53,985 | +€35,350 | +190% |
| Current portion of amounts payable after more than one year | 42 | - | €8,737 | +€8,737 | |
| Trade debts | 44 | €2,329 | €3,357 | +€1,028 | +44.2% |
| Suppliers | 440/4 | €2,329 | €3,357 | +€1,028 | +44.2% |
| Taxes, remuneration and social security | 45 | €4,837 | €29,533 | +€24,697 | +511% |
| Taxes | 450/3 | €1,278 | €21,086 | +€19,808 | +1,550% |
| Remuneration and social security | 454/9 | €3,559 | €8,447 | +€4,889 | +137% |
| Other amounts payable | 47/48 | €11,470 | €12,357 | +€887 | +7.7% |
| Accrued charges and deferred income | 492/3 | - | €6,503 | +€6,503 | |
| Remuneration, social security and pensions | 62 | €41,874 | €10,605 | -€31,269 | -74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,636 | €18,461 | +€10,825 | +142% |
| Other operating charges | 640/8 | €1,370 | €805 | -€565 | -41.3% |
| Gross operating margin | 9900 | €124,027 | €11,215 | -€112,811 | -91.0% |
| Operating profit (loss) | 9901 | €73,147 | -€18,656 | -€91,803 | |
| Financial charges | 65/66B | €47 | €1,752 | +€1,704 | +3,589% |
| Recurring financial charges | 65 | €47 | €1,752 | +€1,704 | +3,589% |
| Profit (loss) for the period before taxes | 9903 | €73,099 | -€20,408 | -€93,507 | |
| Income taxes | 67/77 | - | €19,802 | +€19,802 | |
| Profit (loss) for the period | 9904 | €73,099 | -€40,210 | -€113,309 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,099 | -€40,210 | -€113,309 |
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 8 November 2026 via checked.be.