KM RENOVATION: what changed
KM RENOVATION
Largest movements
- Cash -€52,125
down €52,125 (-77.8%), from €67,035 to €14,910
mainly Trade debts (-€67,277) and Receivables within one year (-€22,250)
- Receivables within one year +€22,250
up €22,250 (+117%), from €18,990 to €41,240
of which Trade receivables: +€28,182
- Tangible fixed assets -€20,870
down €20,870 (-39.4%), from €52,942 to €32,072
- Trade debts -€67,277
down €67,277 (-99.6%), from €67,526 to €249
of which Suppliers: -€57,951
- Profit (loss) carried forward +€12,710
up €12,710 (+21.6%), from €58,920 to €71,630
- Tax, wage and social debts +€3,822
up €3,822 (+85.7%), from €4,462 to €8,284
- Depreciation +€3,085
up €3,085 (+17.3%), from €17,785 to €20,870
- Other operating charges +€942
up €942 (+128%), from €733 to €1,675
- Gross operating margin +€694
up €694 (+1.8%), from €38,464 to €39,158
- Taxes -€639
down €639 (-14.3%), from €4,462 to €3,822
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 | €138,967 | €88,222 | -€50,745 | -36.5% |
| Fixed assets | 21/28 | €52,942 | €32,072 | -€20,870 | -39.4% |
| Tangible fixed assets | 22/27 | €52,942 | €32,072 | -€20,870 | -39.4% |
| Furniture and vehicles | 24 | €52,942 | €32,072 | -€20,870 | -39.4% |
| Current assets | 29/58 | €86,025 | €56,151 | -€29,875 | -34.7% |
| Amounts receivable within one year | 40/41 | €18,990 | €41,240 | +€22,250 | +117% |
| Trade receivables | 40 | €11,078 | €39,260 | +€28,182 | +254% |
| Other amounts receivable | 41 | €7,913 | €1,981 | -€5,932 | -75.0% |
| Cash at bank and in hand | 54/58 | €67,035 | €14,910 | -€52,125 | -77.8% |
| Total equity and liabilities | 10/49 | €138,967 | €88,222 | -€50,745 | -36.5% |
| Equity | 10/15 | €66,980 | €79,690 | +€12,710 | +19.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,920 | €71,630 | +€12,710 | +21.6% |
| Amounts payable | 17/49 | €71,987 | €8,533 | -€63,455 | -88.1% |
| Amounts payable within one year | 42/48 | €71,987 | €8,533 | -€63,455 | -88.1% |
| Trade debts | 44 | €67,526 | €249 | -€67,277 | -99.6% |
| Suppliers | 440/4 | €58,200 | €249 | -€57,951 | -99.6% |
| Bills of exchange payable | 441 | €9,326 | - | -€9,326 | |
| Taxes, remuneration and social security | 45 | €4,462 | €8,284 | +€3,822 | +85.7% |
| Taxes | 450/3 | €4,462 | €8,284 | +€3,822 | +85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,785 | €20,870 | +€3,085 | +17.3% |
| Other operating charges | 640/8 | €733 | €1,675 | +€942 | +128% |
| Gross operating margin | 9900 | €38,464 | €39,158 | +€694 | +1.8% |
| Operating profit (loss) | 9901 | €19,946 | €16,613 | -€3,333 | -16.7% |
| Financial charges | 65/66B | €223 | €81 | -€142 | -63.7% |
| Recurring financial charges | 65 | €223 | €81 | -€142 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | €19,723 | €16,532 | -€3,190 | -16.2% |
| Income taxes | 67/77 | €4,462 | €3,822 | -€639 | -14.3% |
| Profit (loss) for the period | 9904 | €15,261 | €12,710 | -€2,551 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,261 | €12,710 | -€2,551 | -16.7% |
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.