KM Company: 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.
KM Company
Largest movements
- Stocks and contracts -€6,153
down €6,153 (-68.3%), from €9,003 to €2,850
- Financial fixed assets +€1,500
new in 2025: €1,500
- Cash -€1,304
down €1,304 (-44.8%), from €2,914 to €1,610
mainly Net result for the year (-€8,658) and Investment in fixed assets (net) (-€1,500)
- Profit (loss) carried forward -€8,658
down €8,658 (-17.0%), from -€50,859 to -€59,518
- Other debts +€1,782
up €1,782 (+3.8%), from €46,439 to €48,221
- Trade debts +€1,445
up €1,445 (+56.3%), from €2,565 to €4,010
- Tax, wage and social debts -€622
down €622 (-75.9%), from €820 to €198
- Staff costs -€2,927
down €2,927 (-91.1%), from €3,215 to €288
- Depreciation -€1,656
no longer reported in 2025 (was €1,656)
- Other operating charges -€566
down €566 (-22.6%), from €2,500 to €1,934
- Gross operating margin -€142
down €142 (-2.3%), from -€6,293 to -€6,435
- Financial charges -€97
down €97 (-98.5%), from €99 to €2
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 | €18,965 | €12,911 | -€6,054 | -31.9% |
| Fixed assets | 21/28 | €5,980 | €7,480 | +€1,500 | +25.1% |
| Tangible fixed assets | 22/27 | €5,980 | €5,980 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,980 | €5,980 | = | 0.0% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €12,984 | €5,431 | -€7,554 | -58.2% |
| Stocks and contracts in progress | 3 | €9,003 | €2,850 | -€6,153 | -68.3% |
| Stocks | 30/36 | €9,003 | €2,850 | -€6,153 | -68.3% |
| Amounts receivable within one year | 40/41 | €1,006 | €971 | -€35 | -3.5% |
| Trade receivables | 40 | €1,000 | €696 | -€304 | -30.4% |
| Other amounts receivable | 41 | €6 | €275 | +€269 | +4,471% |
| Cash at bank and in hand | 54/58 | €2,914 | €1,610 | -€1,304 | -44.8% |
| Deferred charges and accrued income | 490/1 | €62 | - | -€62 | |
| Total equity and liabilities | 10/49 | €18,965 | €12,911 | -€6,054 | -31.9% |
| Equity | 10/15 | -€30,859 | -€39,518 | -€8,658 | -28.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,859 | -€59,518 | -€8,658 | -17.0% |
| Amounts payable | 17/49 | €49,824 | €52,429 | +€2,605 | +5.2% |
| Amounts payable within one year | 42/48 | €49,824 | €52,429 | +€2,605 | +5.2% |
| Trade debts | 44 | €2,565 | €4,010 | +€1,445 | +56.3% |
| Suppliers | 440/4 | €2,565 | €4,010 | +€1,445 | +56.3% |
| Taxes, remuneration and social security | 45 | €820 | €198 | -€622 | -75.9% |
| Taxes | 450/3 | €820 | €198 | -€622 | -75.9% |
| Other amounts payable | 47/48 | €46,439 | €48,221 | +€1,782 | +3.8% |
| Non-recurring operating income | 76A | - | €842 | +€842 | |
| Remuneration, social security and pensions | 62 | €3,215 | €288 | -€2,927 | -91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,656 | - | -€1,656 | |
| Other operating charges | 640/8 | €2,500 | €1,934 | -€566 | -22.6% |
| Gross operating margin | 9900 | -€6,293 | -€6,435 | -€142 | -2.3% |
| Operating profit (loss) | 9901 | -€13,663 | -€8,657 | +€5,007 | +36.6% |
| Financial charges | 65/66B | €99 | €2 | -€97 | -98.5% |
| Recurring financial charges | 65 | €99 | €2 | -€97 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,762 | -€8,658 | +€5,104 | +37.1% |
| Profit (loss) for the period | 9904 | -€13,762 | -€8,658 | +€5,104 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,762 | -€8,658 | +€5,104 | +37.1% |
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 30 October 2026 via checked.be.