KLM Management: 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.
KLM Management
Largest movements
- Receivables within one year -€47,390
down €47,390 (-26.4%), from €179,264 to €131,874
of which Other amounts receivable: -€62,117
- Tangible fixed assets -€16,246
down €16,246 (-6.5%), from €248,465 to €232,220
of which Land and buildings: -€15,456
- Profit (loss) carried forward -€78,464
down €78,464 (-100%), from €78,464 to €0
- Other debts +€21,982
up €21,982 (+22.0%), from €100,000 to €121,982
- Debts after one year -€18,529
down €18,529 (-8.4%), from €219,541 to €201,011
- Trade debts +€7,724
up €7,724 (+874%), from €884 to €8,607
- Gross operating margin +€12,824
up €12,824 (+18.9%), from €67,951 to €80,775
- Taxes +€4,351
up €4,351 (+34.2%), from €12,741 to €17,092
- Other operating charges +€2,619
up €2,619 (+106%), from €2,475 to €5,095
- Financial income -€1,392
down €1,392 (-15.9%), from €8,734 to €7,342
- Financial charges -€1,316
down €1,316 (-20.9%), from €6,301 to €4,985
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €448,243 | €381,062 | -€67,181 | -15.0% |
| Fixed assets | 21/28 | €248,465 | €232,220 | -€16,246 | -6.5% |
| Tangible fixed assets | 22/27 | €248,465 | €232,220 | -€16,246 | -6.5% |
| Land and buildings | 22 | €243,696 | €228,240 | -€15,456 | -6.3% |
| Plant, machinery and equipment | 23 | €3,508 | €2,160 | -€1,348 | -38.4% |
| Furniture and vehicles | 24 | €1,262 | €1,820 | +€558 | +44.2% |
| Current assets | 29/58 | €199,777 | €148,842 | -€50,936 | -25.5% |
| Amounts receivable within one year | 40/41 | €179,264 | €131,874 | -€47,390 | -26.4% |
| Trade receivables | 40 | €14,388 | €29,115 | +€14,727 | +102% |
| Other amounts receivable | 41 | €164,876 | €102,759 | -€62,117 | -37.7% |
| Cash at bank and in hand | 54/58 | €10,990 | €7,422 | -€3,568 | -32.5% |
| Deferred charges and accrued income | 490/1 | €9,523 | €9,545 | +€23 | +0.2% |
| Total equity and liabilities | 10/49 | €448,243 | €381,062 | -€67,181 | -15.0% |
| Equity | 10/15 | €100,324 | €21,860 | -€78,464 | -78.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,464 | €0 | -€78,464 | -100% |
| Amounts payable | 17/49 | €347,919 | €359,202 | +€11,283 | +3.2% |
| Amounts payable after more than one year | 17 | €219,541 | €201,011 | -€18,529 | -8.4% |
| Financial debts | 170/4 | €219,541 | €201,011 | -€18,529 | -8.4% |
| Amounts payable within one year | 42/48 | €128,378 | €158,190 | +€29,812 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €24,126 | €23,215 | -€910 | -3.8% |
| Trade debts | 44 | €884 | €8,607 | +€7,724 | +874% |
| Suppliers | 440/4 | €884 | €8,607 | +€7,724 | +874% |
| Taxes, remuneration and social security | 45 | €3,369 | €4,385 | +€1,016 | +30.2% |
| Taxes | 450/3 | €3,369 | €4,385 | +€1,016 | +30.2% |
| Other amounts payable | 47/48 | €100,000 | €121,982 | +€21,982 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,432 | €17,427 | -€6 | 0.0% |
| Other operating charges | 640/8 | €2,475 | €5,095 | +€2,619 | +106% |
| Gross operating margin | 9900 | €67,951 | €80,775 | +€12,824 | +18.9% |
| Operating profit (loss) | 9901 | €48,043 | €58,254 | +€10,210 | +21.3% |
| Financial income | 75/76B | €8,734 | €7,342 | -€1,392 | -15.9% |
| Recurring financial income | 75 | €8,734 | €7,342 | -€1,392 | -15.9% |
| Financial charges | 65/66B | €6,301 | €4,985 | -€1,316 | -20.9% |
| Recurring financial charges | 65 | €6,301 | €4,985 | -€1,316 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €50,477 | €60,611 | +€10,134 | +20.1% |
| Income taxes | 67/77 | €12,741 | €17,092 | +€4,351 | +34.2% |
| Profit (loss) for the period | 9904 | €37,736 | €43,519 | +€5,783 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,736 | €43,519 | +€5,783 | +15.3% |
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.