KM SOLUTIONS: 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 SOLUTIONS
Largest movements
- Tangible fixed assets -€288,391
down €288,391 (-39.6%), from €728,106 to €439,714
of which Other tangible fixed assets: -€335,774
- Cash -€10,686
down €10,686 (-17.2%), from €62,296 to €51,610
mainly Other debts (-€292,156) and Contributions, distributions and other (-€103,854)
- Other debts -€292,156
down €292,156 (-54.1%), from €540,040 to €247,884
- Profit (loss) carried forward -€101,325
no longer reported in 2025 (was €101,325)
- Reserves +€59,699
up €59,699 (+2139.7%), from €2,790 to €62,489
of which Distributable reserves: +€59,699
- Debts after one year +€19,161
up €19,161 (+15.3%), from €125,408 to €144,570
- Current portion of long-term debt +€16,010
up €16,010 (+171.8%), from €9,321 to €25,331
- Gross operating margin +€49,695
up €49,695 (+63.8%), from €77,935 to €127,630
- Taxes +€27,010
up €27,010 (+336.6%), from €8,025 to €35,035
- Depreciation +€25,220
up €25,220 (+2946.9%), from €856 to €26,076
- Other operating charges -€5,736
down €5,736 (-87.0%), from €6,591 to €856
- Financial charges +€1,457
up €1,457 (+73.7%), from €1,979 to €3,436
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.
Cash bridge derived
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 | €814,003 | €517,018 | -€296,985 | -36.5% |
| Fixed assets | 21/28 | €728,106 | €439,714 | -€288,391 | -39.6% |
| Tangible fixed assets | 22/27 | €728,106 | €439,714 | -€288,391 | -39.6% |
| Plant, machinery and equipment | 23 | €832 | €363 | -€469 | -56.3% |
| Furniture and vehicles | 24 | - | €47,851 | +€47,851 | |
| Other tangible fixed assets | 26 | €727,274 | €391,500 | -€335,774 | -46.2% |
| Current assets | 29/58 | €85,898 | €77,303 | -€8,594 | -10.0% |
| Amounts receivable within one year | 40/41 | €19,834 | €22,599 | +€2,765 | +13.9% |
| Trade receivables | 40 | €19,820 | €22,599 | +€2,779 | +14.0% |
| Other amounts receivable | 41 | €15 | - | -€15 | |
| Current investments | 50/53 | €930 | €930 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €62,296 | €51,610 | -€10,686 | -17.2% |
| Deferred charges and accrued income | 490/1 | €2,837 | €2,164 | -€673 | -23.7% |
| Total equity and liabilities | 10/49 | €814,003 | €517,018 | -€296,985 | -36.5% |
| Equity | 10/15 | €122,715 | €81,089 | -€41,627 | -33.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,790 | €62,489 | +€59,699 | +2139.7% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Own shares acquired | 1312 | €930 | €930 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €61,559 | +€59,699 | +3209.6% |
| Profit (loss) carried forward | 14 | €101,325 | - | -€101,325 | |
| Amounts payable | 17/49 | €691,288 | €435,929 | -€255,359 | -36.9% |
| Amounts payable after more than one year | 17 | €125,408 | €144,570 | +€19,161 | +15.3% |
| Financial debts | 170/4 | €125,408 | €144,570 | +€19,161 | +15.3% |
| Amounts payable within one year | 42/48 | €564,893 | €285,932 | -€278,960 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €9,321 | €25,331 | +€16,010 | +171.8% |
| Trade debts | 44 | €5,457 | - | -€5,457 | |
| Suppliers | 440/4 | €5,457 | - | -€5,457 | |
| Taxes, remuneration and social security | 45 | €10,075 | €12,718 | +€2,643 | +26.2% |
| Taxes | 450/3 | €10,075 | €12,718 | +€2,643 | +26.2% |
| Other amounts payable | 47/48 | €540,040 | €247,884 | -€292,156 | -54.1% |
| Accrued charges and deferred income | 492/3 | €987 | €5,427 | +€4,440 | +449.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €856 | €26,076 | +€25,220 | +2946.9% |
| Other operating charges | 640/8 | €6,591 | €856 | -€5,736 | -87.0% |
| Gross operating margin | 9900 | €77,935 | €127,630 | +€49,695 | +63.8% |
| Operating profit (loss) | 9901 | €70,488 | €100,699 | +€30,211 | +42.9% |
| Financial charges | 65/66B | €1,979 | €3,436 | +€1,457 | +73.7% |
| Recurring financial charges | 65 | €1,979 | €3,436 | +€1,457 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | €68,509 | €97,263 | +€28,753 | +42.0% |
| Income taxes | 67/77 | €8,025 | €35,035 | +€27,010 | +336.6% |
| Profit (loss) for the period | 9904 | €60,484 | €62,227 | +€1,743 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,484 | €62,227 | +€1,743 | +2.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.