KILLGERM BENELUX: 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.
KILLGERM BENELUX
Largest movements
- Cash +€215,414
up €215,414 (+47.3%), from €455,591 to €671,005
mainly Net result for the year (+€398,704) and Trade debts (+€167,587)
- Stocks and contracts +€169,176
up €169,176 (+16.7%), from €1.0m to €1.2m
- Receivables within one year -€130,075
down €130,075 (-14.8%), from €881,609 to €751,534
of which Trade receivables: -€134,178
- Trade debts +€167,587
up €167,587 (+82.4%), from €203,315 to €370,902
- Profit (loss) carried forward +€123,704
up €123,704 (+8.1%), from €1.5m to €1.6m
- Turnover +€551,370
up €551,370 (+6.6%), from €8.4m to €8.9m
- Purchases and services +€471,456
up €471,456 (+6.8%), from €6.9m to €7.4m
- Staff costs +€119,350
up €119,350 (+14.5%), from €821,441 to €940,791
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 | €2,393,019 | €2,665,771 | +€272,752 | +11.4% |
| Fixed assets | 21/28 | €18,560 | €25,106 | +€6,547 | +35.3% |
| Tangible fixed assets | 22/27 | €18,560 | €25,106 | +€6,547 | +35.3% |
| Plant, machinery and equipment | 23 | €432 | €4,384 | +€3,953 | +916% |
| Furniture and vehicles | 24 | €16,456 | €13,342 | -€3,114 | -18.9% |
| Other tangible fixed assets | 26 | €1,672 | €7,380 | +€5,707 | +341% |
| Current assets | 29/58 | €2,374,460 | €2,640,665 | +€266,205 | +11.2% |
| Stocks and contracts in progress | 3 | €1,013,703 | €1,182,879 | +€169,176 | +16.7% |
| Stocks | 30/36 | €1,013,703 | €1,182,879 | +€169,176 | +16.7% |
| Amounts receivable within one year | 40/41 | €881,609 | €751,534 | -€130,075 | -14.8% |
| Trade receivables | 40 | €772,435 | €638,257 | -€134,178 | -17.4% |
| Other amounts receivable | 41 | €109,175 | €113,277 | +€4,102 | +3.8% |
| Cash at bank and in hand | 54/58 | €455,591 | €671,005 | +€215,414 | +47.3% |
| Deferred charges and accrued income | 490/1 | €23,556 | €35,247 | +€11,691 | +49.6% |
| Total equity and liabilities | 10/49 | €2,393,019 | €2,665,771 | +€272,752 | +11.4% |
| Equity | 10/15 | €2,071,393 | €2,195,097 | +€123,704 | +6.0% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,521,393 | €1,645,097 | +€123,704 | +8.1% |
| Amounts payable | 17/49 | €321,626 | €470,674 | +€149,048 | +46.3% |
| Amounts payable within one year | 42/48 | €321,626 | €470,674 | +€149,048 | +46.3% |
| Trade debts | 44 | €203,315 | €370,902 | +€167,587 | +82.4% |
| Suppliers | 440/4 | €203,315 | €370,902 | +€167,587 | +82.4% |
| Taxes, remuneration and social security | 45 | €118,312 | €99,772 | -€18,540 | -15.7% |
| Taxes | 450/3 | €55,771 | €18,233 | -€37,537 | -67.3% |
| Remuneration and social security | 454/9 | €62,541 | €81,538 | +€18,997 | +30.4% |
| Turnover | 70 | €8,359,137 | €8,910,507 | +€551,370 | +6.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,923,821 | €7,395,277 | +€471,456 | +6.8% |
| Remuneration, social security and pensions | 62 | €821,441 | €940,791 | +€119,350 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,046 | €6,043 | -€9,003 | -59.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€4,393 | -€4,393 | |
| Other operating charges | 640/8 | €14,825 | €16,472 | +€1,647 | +11.1% |
| Gross operating margin | 9900 | €1,435,316 | €1,515,230 | +€79,913 | +5.6% |
| Operating profit (loss) | 9901 | €584,004 | €556,316 | -€27,688 | -4.7% |
| Financial charges | 65/66B | €13,019 | €12,852 | -€167 | -1.3% |
| Recurring financial charges | 65 | €13,019 | €12,852 | -€167 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €570,985 | €543,464 | -€27,521 | -4.8% |
| Income taxes | 67/77 | €152,637 | €144,760 | -€7,878 | -5.2% |
| Profit (loss) for the period | 9904 | €418,348 | €398,704 | -€19,644 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €418,348 | €398,704 | -€19,644 | -4.7% |
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 22 October 2026 via checked.be.