KM.Telecom: 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.Telecom
Largest movements
- Cash -€75,025
down €75,025 (-76.8%), from €97,682 to €22,657
mainly Receivables within one year (-€31,948) and Deferred charges and accrued income (-€27,718)
- Receivables within one year +€31,948
up €31,948 (+174.5%), from €18,304 to €50,251
of which Trade receivables: +€25,012
- Deferred charges and accrued income +€27,718
new in 2025: €27,718
- Tangible fixed assets -€3,799
down €3,799 (-92.0%), from €4,130 to €331
- Trade debts -€10,380
down €10,380 (-55.6%), from €18,684 to €8,304
- Profit (loss) carried forward -€8,368
down €8,368 (-10.1%), from €82,752 to €74,384
- Other debts -€2,093
down €2,093 (-86.2%), from €2,428 to €335
- Tax, wage and social debts +€1,933
up €1,933 (+23.6%), from €8,192 to €10,124
- Gross operating margin -€34,957
down €34,957 (-99.3%), from €35,216 to €259
- Taxes -€5,509
down €5,509 (-74.0%), from €7,442 to €1,933
- Other operating charges +€1,072
up €1,072 (+40.8%), from €2,626 to €3,698
- Financial income +€983
new in 2025: €983
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 | €120,115 | €101,207 | -€18,909 | -15.7% |
| Fixed assets | 21/28 | €4,130 | €581 | -€3,549 | -85.9% |
| Tangible fixed assets | 22/27 | €4,130 | €331 | -€3,799 | -92.0% |
| Furniture and vehicles | 24 | €4,130 | €331 | -€3,799 | -92.0% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €115,986 | €100,626 | -€15,360 | -13.2% |
| Amounts receivable within one year | 40/41 | €18,304 | €50,251 | +€31,948 | +174.5% |
| Trade receivables | 40 | - | €25,012 | +€25,012 | |
| Other amounts receivable | 41 | €18,304 | €25,239 | +€6,936 | +37.9% |
| Cash at bank and in hand | 54/58 | €97,682 | €22,657 | -€75,025 | -76.8% |
| Deferred charges and accrued income | 490/1 | - | €27,718 | +€27,718 | |
| Total equity and liabilities | 10/49 | €120,115 | €101,207 | -€18,909 | -15.7% |
| Equity | 10/15 | €90,812 | €82,444 | -€8,368 | -9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,752 | €74,384 | -€8,368 | -10.1% |
| Amounts payable | 17/49 | €29,303 | €18,763 | -€10,541 | -36.0% |
| Amounts payable within one year | 42/48 | €29,303 | €18,763 | -€10,541 | -36.0% |
| Trade debts | 44 | €18,684 | €8,304 | -€10,380 | -55.6% |
| Suppliers | 440/4 | €18,684 | €8,304 | -€10,380 | -55.6% |
| Taxes, remuneration and social security | 45 | €8,192 | €10,124 | +€1,933 | +23.6% |
| Taxes | 450/3 | €8,192 | €10,124 | +€1,933 | +23.6% |
| Other amounts payable | 47/48 | €2,428 | €335 | -€2,093 | -86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,799 | €3,799 | = | 0.0% |
| Other operating charges | 640/8 | €2,626 | €3,698 | +€1,072 | +40.8% |
| Gross operating margin | 9900 | €35,216 | €259 | -€34,957 | -99.3% |
| Operating profit (loss) | 9901 | €28,791 | -€7,238 | -€36,029 | |
| Financial income | 75/76B | - | €983 | +€983 | |
| Recurring financial income | 75 | - | €983 | +€983 | |
| Financial charges | 65/66B | €261 | €180 | -€81 | -31.2% |
| Recurring financial charges | 65 | €261 | €180 | -€81 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €28,530 | -€6,435 | -€34,965 | |
| Income taxes | 67/77 | €7,442 | €1,933 | -€5,509 | -74.0% |
| Profit (loss) for the period | 9904 | €21,088 | -€8,368 | -€29,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,088 | -€8,368 | -€29,456 |
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 12 October 2026 via checked.be.