KLMM: what changed
Two fiscal 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.
KLMM
Largest movements
- Receivables within one year +€35,843
up €35,843 (+73.3%), from €48,920 to €84,763
of which Trade receivables: +€35,076
- Cash -€20,527
down €20,527 (-41.5%), from €49,428 to €28,901
mainly Receivables within one year (-€35,843) and Tax, wage and social debts (-€4,607)
- Tangible fixed assets -€7,400
down €7,400 (-43.0%), from €17,215 to €9,815
- Trade debts +€7,898
up €7,898 (+2444.6%), from €323 to €8,221
- Tax, wage and social debts -€4,607
down €4,607 (-10.6%), from €43,543 to €38,936
- Profit (loss) carried forward +€4,489
up €4,489 (+11.5%), from €39,160 to €43,650
- Current portion of long-term debt +€3,164
up €3,164 (+18.7%), from €16,915 to €20,079
- Other debts -€2,385
down €2,385 (-30.7%), from €7,762 to €5,377
- Gross operating margin -€169,437
down €169,437 (-20.2%), from €838,836 to €669,399
- Staff costs -€163,420
down €163,420 (-20.1%), from €812,571 to €649,152
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.
Cash bridge derived
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 | €115,764 | €124,323 | +€8,559 | +7.4% |
| Fixed assets | 21/28 | €17,215 | €9,815 | -€7,400 | -43.0% |
| Tangible fixed assets | 22/27 | €17,215 | €9,815 | -€7,400 | -43.0% |
| Furniture and vehicles | 24 | €17,215 | €9,815 | -€7,400 | -43.0% |
| Current assets | 29/58 | €98,548 | €114,508 | +€15,959 | +16.2% |
| Amounts receivable within one year | 40/41 | €48,920 | €84,763 | +€35,843 | +73.3% |
| Trade receivables | 40 | €47,920 | €82,996 | +€35,076 | +73.2% |
| Other amounts receivable | 41 | €1,000 | €1,767 | +€767 | +76.7% |
| Cash at bank and in hand | 54/58 | €49,428 | €28,901 | -€20,527 | -41.5% |
| Deferred charges and accrued income | 490/1 | €200 | €843 | +€643 | +321.9% |
| Total equity and liabilities | 10/49 | €115,764 | €124,323 | +€8,559 | +7.4% |
| Equity | 10/15 | €47,220 | €51,710 | +€4,489 | +9.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,160 | €43,650 | +€4,489 | +11.5% |
| Amounts payable | 17/49 | €68,543 | €72,613 | +€4,070 | +5.9% |
| Amounts payable within one year | 42/48 | €68,543 | €72,613 | +€4,070 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €16,915 | €20,079 | +€3,164 | +18.7% |
| Trade debts | 44 | €323 | €8,221 | +€7,898 | +2444.6% |
| Suppliers | 440/4 | €323 | €8,221 | +€7,898 | +2444.6% |
| Taxes, remuneration and social security | 45 | €43,543 | €38,936 | -€4,607 | -10.6% |
| Remuneration and social security | 454/9 | €43,543 | €38,936 | -€4,607 | -10.6% |
| Other amounts payable | 47/48 | €7,762 | €5,377 | -€2,385 | -30.7% |
| Remuneration, social security and pensions | 62 | €812,571 | €649,152 | -€163,420 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,608 | €7,400 | -€1,208 | -14.0% |
| Other operating charges | 640/8 | €374 | €1,997 | +€1,623 | +433.8% |
| Gross operating margin | 9900 | €838,836 | €669,399 | -€169,437 | -20.2% |
| Operating profit (loss) | 9901 | €17,283 | €10,850 | -€6,432 | -37.2% |
| Financial income | 75/76B | €131 | €47 | -€84 | -63.9% |
| Recurring financial income | 75 | €131 | €47 | -€84 | -63.9% |
| Financial charges | 65/66B | €2,774 | €1,647 | -€1,127 | -40.6% |
| Recurring financial charges | 65 | €2,774 | €1,647 | -€1,127 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €14,639 | €9,251 | -€5,389 | -36.8% |
| Income taxes | 67/77 | €5,267 | €3,077 | -€2,190 | -41.6% |
| Profit (loss) for the period | 9904 | €9,373 | €6,173 | -€3,199 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,373 | €6,173 | -€3,199 | -34.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.