KM TOITURES: 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 TOITURES
Largest movements
- Receivables within one year +€40,208
up €40,208 (+37.4%), from €107,520 to €147,728
of which Other amounts receivable: +€27,580
- Cash +€12,948
up €12,948 (+166%), from €7,799 to €20,747
mainly Net result for the year (+€36,807) and Trade debts (+€14,785)
- Tangible fixed assets -€5,465
down €5,465 (-21.7%), from €25,221 to €19,756
- Profit (loss) carried forward +€36,807
up €36,807 (+53.0%), from €69,443 to €106,250
- Trade debts +€14,785
up €14,785 (+40.8%), from €36,257 to €51,042
- Tax, wage and social debts -€3,021
down €3,021 (-8.6%), from €35,215 to €32,193
of which Remuneration and social security: -€11,046
- Purchases and services -€193,514
no longer reported in 2025 (was €193,514)
- Gross operating margin -€77,367
down €77,367 (-49.5%), from €156,294 to €78,926
- Staff costs -€34,007
down €34,007 (-61.3%), from €55,461 to €21,454
- Taxes -€10,355
down €10,355 (-51.9%), from €19,944 to €9,589
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.
Derived cash bridge
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 | €144,157 | €192,530 | +€48,373 | +33.6% |
| Fixed assets | 21/28 | €25,638 | €20,383 | -€5,255 | -20.5% |
| Tangible fixed assets | 22/27 | €25,221 | €19,756 | -€5,465 | -21.7% |
| Plant, machinery and equipment | 23 | €25,221 | €19,756 | -€5,465 | -21.7% |
| Financial fixed assets | 28 | €417 | €627 | +€210 | +50.4% |
| Current assets | 29/58 | €118,519 | €172,147 | +€53,628 | +45.2% |
| Amounts receivable within one year | 40/41 | €107,520 | €147,728 | +€40,208 | +37.4% |
| Trade receivables | 40 | €6,039 | €18,667 | +€12,628 | +209% |
| Other amounts receivable | 41 | €101,481 | €129,061 | +€27,580 | +27.2% |
| Cash at bank and in hand | 54/58 | €7,799 | €20,747 | +€12,948 | +166% |
| Deferred charges and accrued income | 490/1 | €3,200 | €3,672 | +€472 | +14.8% |
| Total equity and liabilities | 10/49 | €144,157 | €192,530 | +€48,373 | +33.6% |
| Equity | 10/15 | €72,443 | €109,250 | +€36,807 | +50.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,443 | €106,250 | +€36,807 | +53.0% |
| Amounts payable | 17/49 | €71,715 | €83,280 | +€11,565 | +16.1% |
| Amounts payable within one year | 42/48 | €71,472 | €83,235 | +€11,764 | +16.5% |
| Trade debts | 44 | €36,257 | €51,042 | +€14,785 | +40.8% |
| Suppliers | 440/4 | €36,257 | €51,042 | +€14,785 | +40.8% |
| Taxes, remuneration and social security | 45 | €35,215 | €32,193 | -€3,021 | -8.6% |
| Taxes | 450/3 | €21,609 | €29,633 | +€8,025 | +37.1% |
| Remuneration and social security | 454/9 | €13,606 | €2,560 | -€11,046 | -81.2% |
| Accrued charges and deferred income | 492/3 | €243 | €45 | -€198 | -81.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €193,514 | - | -€193,514 | |
| Remuneration, social security and pensions | 62 | €55,461 | €21,454 | -€34,007 | -61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,764 | €7,534 | +€770 | +11.4% |
| Other operating charges | 640/8 | - | €801 | +€801 | |
| Non-recurring operating charges | 66A | €4,292 | €1,975 | -€2,317 | -54.0% |
| Gross operating margin | 9900 | €156,294 | €78,926 | -€77,367 | -49.5% |
| Operating profit (loss) | 9901 | €89,777 | €47,163 | -€42,614 | -47.5% |
| Financial income | 75/76B | €1 | €12 | +€11 | +1,413% |
| Recurring financial income | 75 | €1 | €12 | +€11 | +1,413% |
| Financial charges | 65/66B | €391 | €779 | +€388 | +99.1% |
| Recurring financial charges | 65 | €391 | €779 | +€388 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | €89,386 | €46,396 | -€42,991 | -48.1% |
| Income taxes | 67/77 | €19,944 | €9,589 | -€10,355 | -51.9% |
| Profit (loss) for the period | 9904 | €69,443 | €36,807 | -€32,636 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,443 | €36,807 | -€32,636 | -47.0% |
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 17 October 2026 via checked.be.