KM TECH: 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 TECH
Largest movements
- Stocks and contracts -€12,963
no longer reported in 2024 (was €12,963)
- Cash -€6,097
down €6,097 (-53.7%), from €11,357 to €5,260
mainly Other debts (-€7,678) and Tax, wage and social debts (-€5,676)
- Receivables within one year -€278
down €278 (-77.9%), from €356 to €79
- Other debts -€7,678
down €7,678 (-56.0%), from €13,708 to €6,030
- Tax, wage and social debts -€5,676
down €5,676 (-44.5%), from €12,757 to €7,081
of which Remuneration and social security: -€5,101
- Profit (loss) carried forward -€3,608
down €3,608 (-16.0%), from -€22,566 to -€26,175
- Trade debts -€2,235
no longer reported in 2024 (was €2,235)
- Purchases and services -€14,277
down €14,277 (-26.0%), from €54,959 to €40,682
- Turnover -€10,985
down €10,985 (-15.0%), from €73,097 to €62,112
- Gross operating margin +€7,996
up €7,996 (+39.1%), from €20,434 to €28,430
- Staff costs -€3,217
down €3,217 (-10.1%), from €31,761 to €28,544
- Other operating charges -€2,542
down €2,542 (-82.8%), from €3,070 to €528
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,733 | €5,537 | -€19,197 | -77.6% |
| Current assets | 29/58 | €24,733 | €5,537 | -€19,197 | -77.6% |
| Stocks and contracts in progress | 3 | €12,963 | - | -€12,963 | |
| Stocks | 30/36 | €12,963 | - | -€12,963 | |
| Amounts receivable within one year | 40/41 | €356 | €79 | -€278 | -77.9% |
| Trade receivables | 40 | €356 | €79 | -€278 | -77.9% |
| Cash at bank and in hand | 54/58 | €11,357 | €5,260 | -€6,097 | -53.7% |
| Deferred charges and accrued income | 490/1 | €56 | €197 | +€141 | +250% |
| Total equity and liabilities | 10/49 | €24,733 | €5,537 | -€19,197 | -77.6% |
| Equity | 10/15 | -€3,966 | -€7,575 | -€3,608 | -91.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,566 | -€26,175 | -€3,608 | -16.0% |
| Amounts payable | 17/49 | €28,700 | €13,111 | -€15,589 | -54.3% |
| Amounts payable within one year | 42/48 | €28,700 | €13,111 | -€15,589 | -54.3% |
| Trade debts | 44 | €2,235 | - | -€2,235 | |
| Suppliers | 440/4 | €2,235 | - | -€2,235 | |
| Taxes, remuneration and social security | 45 | €12,757 | €7,081 | -€5,676 | -44.5% |
| Taxes | 450/3 | €4,723 | €4,148 | -€575 | -12.2% |
| Remuneration and social security | 454/9 | €8,034 | €2,933 | -€5,101 | -63.5% |
| Other amounts payable | 47/48 | €13,708 | €6,030 | -€7,678 | -56.0% |
| Turnover | 70 | €73,097 | €62,112 | -€10,985 | -15.0% |
| Non-recurring operating income | 76A | - | €884 | +€884 | |
| Goods, raw materials, services and sundry goods | 60/61 | €54,959 | €40,682 | -€14,277 | -26.0% |
| Remuneration, social security and pensions | 62 | €31,761 | €28,544 | -€3,217 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | - | -€1,100 | |
| Other operating charges | 640/8 | €3,070 | €528 | -€2,542 | -82.8% |
| Gross operating margin | 9900 | €20,434 | €28,430 | +€7,996 | +39.1% |
| Operating profit (loss) | 9901 | -€15,498 | -€643 | +€14,854 | +95.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,481 | €2,693 | +€1,212 | +81.8% |
| Recurring financial charges | 65 | €1,481 | €2,693 | +€1,212 | +81.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,978 | -€3,336 | +€13,643 | +80.4% |
| Income taxes | 67/77 | €442 | €272 | -€170 | -38.4% |
| Profit (loss) for the period | 9904 | -€17,421 | -€3,608 | +€13,813 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,421 | -€3,608 | +€13,813 | +79.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.