KM NOUR: 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 NOUR
Largest movements
- Receivables within one year +€22,841
new in 2025: €22,841
of which Trade receivables: +€21,900
- Formation expenses -€1,304
no longer reported in 2025 (was €1,304)
- Profit (loss) carried forward +€15,942
up €15,942, from -€5,348 to €10,594
- Other debts +€4,691
up €4,691 (+322%), from €1,456 to €6,147
- Tax, wage and social debts +€2,298
up €2,298 (+203%), from €1,134 to €3,432
- Trade debts -€2,022
no longer reported in 2025 (was €2,022)
- Accrued charges and deferred income +€714
new in 2025: €714
- Purchases and services -€2.8m
down €2.8m (-99.4%), from €2.8m to €17,438
- Gross operating margin +€22,493
up €22,493, from -€3,609 to €18,884
- Turnover +€12,135
up €12,135 (+50.2%), from €24,187 to €36,322
- Taxes +€2,876
new in 2025: €2,876
- Staff costs -€1,740
no longer reported in 2025 (was €1,740)
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 | €2,264 | €23,887 | +€21,623 | +955% |
| Formation expenses | 20 | €1,304 | - | -€1,304 | |
| Current assets | 29/58 | €960 | €23,887 | +€22,927 | +2,389% |
| Amounts receivable within one year | 40/41 | - | €22,841 | +€22,841 | |
| Trade receivables | 40 | - | €21,900 | +€21,900 | |
| Other amounts receivable | 41 | - | €941 | +€941 | |
| Cash at bank and in hand | 54/58 | €960 | €1,046 | +€86 | +9.0% |
| Total equity and liabilities | 10/49 | €2,264 | €23,887 | +€21,623 | +955% |
| Equity | 10/15 | -€2,348 | €13,594 | +€15,942 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,348 | €10,594 | +€15,942 | |
| Amounts payable | 17/49 | €4,613 | €10,293 | +€5,680 | +123% |
| Amounts payable within one year | 42/48 | €4,613 | €9,579 | +€4,966 | +108% |
| Trade debts | 44 | €2,022 | - | -€2,022 | |
| Suppliers | 440/4 | €2,022 | - | -€2,022 | |
| Taxes, remuneration and social security | 45 | €1,134 | €3,432 | +€2,298 | +203% |
| Taxes | 450/3 | €1,134 | €3,432 | +€2,298 | +203% |
| Other amounts payable | 47/48 | €1,456 | €6,147 | +€4,691 | +322% |
| Accrued charges and deferred income | 492/3 | - | €714 | +€714 | |
| Turnover | 70 | €24,187 | €36,322 | +€12,135 | +50.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,779,561 | €17,438 | -€2.8m | -99.4% |
| Remuneration, social security and pensions | 62 | €1,740 | - | -€1,740 | |
| Gross operating margin | 9900 | -€3,609 | €18,884 | +€22,493 | |
| Operating profit (loss) | 9901 | -€5,348 | €18,884 | +€24,232 | |
| Financial charges | 65/66B | - | €66 | +€66 | |
| Recurring financial charges | 65 | - | €66 | +€66 | |
| Profit (loss) for the period before taxes | 9903 | -€5,348 | €18,818 | +€24,166 | |
| Income taxes | 67/77 | - | €2,876 | +€2,876 | |
| Profit (loss) for the period | 9904 | -€5,348 | €15,942 | +€21,290 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,348 | €15,942 | +€21,290 |
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 16 October 2026 via checked.be.