kM MOTORS: what changed
kM MOTORS
Largest movements
- Stocks and contracts +€31,026
up €31,026 (+311%), from €9,988 to €41,014
- Receivables within one year -€24,352
down €24,352 (-88.0%), from €27,674 to €3,322
of which Trade receivables: -€14,312
- Cash +€21,565
up €21,565 (+217%), from €9,955 to €31,520
mainly Receivables within one year (+€24,352) and Advances received (+€15,899)
- Tangible fixed assets -€9,831
down €9,831 (-57.6%), from €17,074 to €7,243
of which Furniture and vehicles: -€9,430
- Advances received +€15,899
new in 2025: €15,899
- Trade debts +€10,611
up €10,611 (+125%), from €8,514 to €19,125
- Debts after one year -€7,889
no longer reported in 2025 (was €7,889)
- Tax, wage and social debts +€1,950
up €1,950 (+13.3%), from €14,645 to €16,596
of which Taxes: +€1,408
- Current portion of long-term debt -€1,459
down €1,459 (-15.6%), from €9,348 to €7,889
- Gross operating margin -€16,821
down €16,821 (-32.8%), from €51,280 to €34,459
- Taxes -€8,762
down €8,762 (-79.0%), from €11,087 to €2,324
- Financial income -€618
no longer reported in 2025 (was €618)
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 | €64,803 | €83,212 | +€18,408 | +28.4% |
| Fixed assets | 21/28 | €17,186 | €7,355 | -€9,831 | -57.2% |
| Tangible fixed assets | 22/27 | €17,074 | €7,243 | -€9,831 | -57.6% |
| Furniture and vehicles | 24 | €16,636 | €7,206 | -€9,430 | -56.7% |
| Other tangible fixed assets | 26 | €438 | €37 | -€401 | -91.5% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €47,617 | €75,857 | +€28,239 | +59.3% |
| Stocks and contracts in progress | 3 | €9,988 | €41,014 | +€31,026 | +311% |
| Stocks | 30/36 | €9,988 | €41,014 | +€31,026 | +311% |
| Amounts receivable within one year | 40/41 | €27,674 | €3,322 | -€24,352 | -88.0% |
| Trade receivables | 40 | €17,600 | €3,289 | -€14,312 | -81.3% |
| Other amounts receivable | 41 | €10,074 | €34 | -€10,040 | -99.7% |
| Cash at bank and in hand | 54/58 | €9,955 | €31,520 | +€21,565 | +217% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €64,803 | €83,212 | +€18,408 | +28.4% |
| Equity | 10/15 | €24,408 | €23,703 | -€704 | -2.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,100 | €1,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,100 | €1,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,100 | €1,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,308 | €12,603 | -€704 | -5.3% |
| Amounts payable | 17/49 | €40,396 | €59,509 | +€19,113 | +47.3% |
| Amounts payable after more than one year | 17 | €7,889 | - | -€7,889 | |
| Financial debts | 170/4 | €7,889 | - | -€7,889 | |
| Amounts payable within one year | 42/48 | €32,507 | €59,509 | +€27,002 | +83.1% |
| Current portion of amounts payable after more than one year | 42 | €9,348 | €7,889 | -€1,459 | -15.6% |
| Trade debts | 44 | €8,514 | €19,125 | +€10,611 | +125% |
| Suppliers | 440/4 | €8,514 | €19,125 | +€10,611 | +125% |
| Advances received on contracts in progress | 46 | - | €15,899 | +€15,899 | |
| Taxes, remuneration and social security | 45 | €14,645 | €16,596 | +€1,950 | +13.3% |
| Taxes | 450/3 | €13,225 | €14,633 | +€1,408 | +10.6% |
| Remuneration and social security | 454/9 | €1,420 | €1,963 | +€543 | +38.2% |
| Remuneration, social security and pensions | 62 | €19,623 | €19,367 | -€256 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,873 | €9,831 | -€42 | -0.4% |
| Other operating charges | 640/8 | €2,387 | €2,361 | -€26 | -1.1% |
| Non-recurring operating charges | 66A | €2,791 | €362 | -€2,429 | -87.0% |
| Gross operating margin | 9900 | €51,280 | €34,459 | -€16,821 | -32.8% |
| Operating profit (loss) | 9901 | €16,605 | €2,538 | -€14,068 | -84.7% |
| Financial income | 75/76B | €618 | - | -€618 | |
| Recurring financial income | 75 | €618 | - | -€618 | |
| Financial charges | 65/66B | €799 | €918 | +€119 | +14.8% |
| Recurring financial charges | 65 | €799 | €918 | +€119 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €16,425 | €1,620 | -€14,805 | -90.1% |
| Income taxes | 67/77 | €11,087 | €2,324 | -€8,762 | -79.0% |
| Profit (loss) for the period | 9904 | €5,338 | -€704 | -€6,043 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,338 | -€704 | -€6,043 |
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.