KM SOINS: 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 SOINS
Largest movements
- Intangible fixed assets -€15,000
down €15,000 (-10.7%), from €140,000 to €125,000
- Deferred charges and accrued income -€7,841
no longer reported in 2022 (was €7,841)
- Tangible fixed assets +€7,457
up €7,457 (+933%), from €799 to €8,256
- Cash -€4,459
down €4,459 (-66.0%), from €6,759 to €2,300
mainly Current portion of long-term debt (-€29,394) and Other debts (-€12,738)
- Receivables within one year +€3,799
new in 2022: €3,799
- Profit (loss) carried forward +€51,641
up €51,641, from -€41,637 to €10,003
- Current portion of long-term debt -€29,394
no longer reported in 2022 (was €29,394)
- Other debts -€12,738
no longer reported in 2022 (was €12,738)
- Debts after one year -€9,461
down €9,461 (-6.9%), from €136,244 to €126,783
- Trade debts -€9,268
no longer reported in 2022 (was €9,268)
- Gross operating margin +€80,652
up €80,652 (+294%), from €27,406 to €108,059
- Staff costs +€26,709
up €26,709 (+1,503%), from €1,777 to €28,486
- Other operating charges +€9,827
new in 2022: €9,827
- Financial charges -€2,564
down €2,564 (-80.6%), from €3,181 to €617
- Depreciation +€2,089
up €2,089 (+13.6%), from €15,400 to €17,488
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,399 | €139,355 | -€16,044 | -10.3% |
| Fixed assets | 21/28 | €140,799 | €133,256 | -€7,543 | -5.4% |
| Intangible fixed assets | 21 | €140,000 | €125,000 | -€15,000 | -10.7% |
| Tangible fixed assets | 22/27 | €799 | €8,256 | +€7,457 | +933% |
| Furniture and vehicles | 24 | €799 | €8,256 | +€7,457 | +933% |
| Current assets | 29/58 | €14,600 | €6,099 | -€8,501 | -58.2% |
| Amounts receivable within one year | 40/41 | - | €3,799 | +€3,799 | |
| Other amounts receivable | 41 | - | €3,799 | +€3,799 | |
| Cash at bank and in hand | 54/58 | €6,759 | €2,300 | -€4,459 | -66.0% |
| Deferred charges and accrued income | 490/1 | €7,841 | - | -€7,841 | |
| Total equity and liabilities | 10/49 | €155,399 | €139,355 | -€16,044 | -10.3% |
| Equity | 10/15 | -€39,637 | €12,003 | +€51,641 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,637 | €10,003 | +€51,641 | |
| Amounts payable | 17/49 | €195,037 | €127,352 | -€67,685 | -34.7% |
| Amounts payable after more than one year | 17 | €136,244 | €126,783 | -€9,461 | -6.9% |
| Financial debts | 170/4 | €136,244 | €126,783 | -€9,461 | -6.9% |
| Amounts payable within one year | 42/48 | €58,793 | €569 | -€58,224 | -99.0% |
| Current portion of amounts payable after more than one year | 42 | €29,394 | - | -€29,394 | |
| Trade debts | 44 | €9,268 | - | -€9,268 | |
| Suppliers | 440/4 | €9,268 | - | -€9,268 | |
| Taxes, remuneration and social security | 45 | €7,393 | €569 | -€6,824 | -92.3% |
| Taxes | 450/3 | €2 | €2 | = | 0.0% |
| Remuneration and social security | 454/9 | €7,391 | €567 | -€6,824 | -92.3% |
| Other amounts payable | 47/48 | €12,738 | - | -€12,738 | |
| Remuneration, social security and pensions | 62 | €1,777 | €28,486 | +€26,709 | +1,503% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,400 | €17,488 | +€2,089 | +13.6% |
| Other operating charges | 640/8 | - | €9,827 | +€9,827 | |
| Gross operating margin | 9900 | €27,406 | €108,059 | +€80,652 | +294% |
| Operating profit (loss) | 9901 | €10,229 | €52,258 | +€42,028 | +411% |
| Financial charges | 65/66B | €3,181 | €617 | -€2,564 | -80.6% |
| Recurring financial charges | 65 | €3,181 | €617 | -€2,564 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | €7,049 | €51,641 | +€44,592 | +633% |
| Profit (loss) for the period | 9904 | €7,049 | €51,641 | +€44,592 | +633% |
| Profit (loss) for the period to be appropriated | 9905 | €7,049 | €51,641 | +€44,592 | +633% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.