KM WATER: what changed
Two fiscal 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 WATER
Largest movements
- Cash +€7,558
up €7,558 (+7.9%), from €95,698 to €103,256
mainly Other debts (+€6,261) and Trade debts (+€5,837)
- Receivables within one year -€5,800
down €5,800 (-5.2%), from €112,040 to €106,240
of which Trade receivables: -€6,322
- Tax, wage and social debts -€6,415
no longer reported in 2025 (was €6,415)
- Other debts +€6,261
up €6,261 (+3.9%), from €159,834 to €166,095
- Trade debts +€5,837
up €5,837 (+9.1%), from €63,952 to €69,790
- Profit (loss) carried forward -€3,925
down €3,925 (-12.9%), from -€30,523 to -€34,449
- Gross operating margin -€1,423
down €1,423 (-184.6%), from -€771 to -€2,193
- Financial charges +€150
up €150 (+16.1%), from €936 to €1,086
- Other operating charges +€132
up €132 (+25.8%), from €513 to €646
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 | €207,738 | €209,496 | +€1,758 | +0.8% |
| Current assets | 29/58 | €207,738 | €209,496 | +€1,758 | +0.8% |
| Amounts receivable within one year | 40/41 | €112,040 | €106,240 | -€5,800 | -5.2% |
| Trade receivables | 40 | €30,060 | €23,738 | -€6,322 | -21.0% |
| Other amounts receivable | 41 | €81,980 | €82,502 | +€522 | +0.6% |
| Cash at bank and in hand | 54/58 | €95,698 | €103,256 | +€7,558 | +7.9% |
| Total equity and liabilities | 10/49 | €207,738 | €209,496 | +€1,758 | +0.8% |
| Equity | 10/15 | -€22,463 | -€26,389 | -€3,925 | -17.5% |
| 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 | -€30,523 | -€34,449 | -€3,925 | -12.9% |
| Amounts payable | 17/49 | €230,201 | €235,885 | +€5,683 | +2.5% |
| Amounts payable within one year | 42/48 | €230,201 | €235,885 | +€5,683 | +2.5% |
| Trade debts | 44 | €63,952 | €69,790 | +€5,837 | +9.1% |
| Suppliers | 440/4 | €63,952 | €69,790 | +€5,837 | +9.1% |
| Taxes, remuneration and social security | 45 | €6,415 | - | -€6,415 | |
| Taxes | 450/3 | €6,415 | - | -€6,415 | |
| Other amounts payable | 47/48 | €159,834 | €166,095 | +€6,261 | +3.9% |
| Other operating charges | 640/8 | €513 | €646 | +€132 | +25.8% |
| Gross operating margin | 9900 | -€771 | -€2,193 | -€1,423 | -184.6% |
| Operating profit (loss) | 9901 | -€1,284 | -€2,839 | -€1,555 | -121.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €936 | €1,086 | +€150 | +16.1% |
| Recurring financial charges | 65 | €936 | €1,086 | +€150 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,220 | -€3,925 | -€1,705 | -76.8% |
| Profit (loss) for the period | 9904 | -€2,220 | -€3,925 | -€1,705 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,220 | -€3,925 | -€1,705 | -76.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.