KME PROJECTS: 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.
KME PROJECTS
Largest movements
- Tangible fixed assets -€11,951
down €11,951 (-24.2%), from €49,295 to €37,344
of which Furniture and vehicles: -€8,536
- Cash +€5,648
up €5,648 (+96.7%), from €5,843 to €11,491
mainly Depreciation (+€13,256) and Receivables within one year (+€4,718)
- Receivables within one year -€4,718
down €4,718 (-15.2%), from €31,078 to €26,360
of which Trade receivables: -€8,082
- Profit (loss) carried forward -€11,931
new in 2025: -€11,931
- Trade debts -€4,180
down €4,180 (-47.3%), from €8,829 to €4,649
- Other debts +€3,924
up €3,924 (+2486.9%), from €158 to €4,082
- Tax, wage and social debts +€1,589
up €1,589 (+34.6%), from €4,589 to €6,178
of which Taxes: +€2,074
- Gross operating margin -€21,697
down €21,697 (-63.9%), from €33,961 to €12,264
- Taxes -€7,337
down €7,337 (-90.5%), from €8,105 to €768
- Financial charges +€5,522
up €5,522 (+140.0%), from €3,945 to €9,467
- Depreciation +€3,946
up €3,946 (+42.4%), from €9,310 to €13,256
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 | €90,090 | €79,492 | -€10,599 | -11.8% |
| Fixed assets | 21/28 | €49,295 | €37,344 | -€11,951 | -24.2% |
| Tangible fixed assets | 22/27 | €49,295 | €37,344 | -€11,951 | -24.2% |
| Land and buildings | 22 | €6,093 | €5,223 | -€870 | -14.3% |
| Plant, machinery and equipment | 23 | €6,043 | €3,498 | -€2,545 | -42.1% |
| Furniture and vehicles | 24 | €37,160 | €28,624 | -€8,536 | -23.0% |
| Current assets | 29/58 | €40,795 | €42,147 | +€1,352 | +3.3% |
| Amounts receivable within one year | 40/41 | €31,078 | €26,360 | -€4,718 | -15.2% |
| Trade receivables | 40 | €21,402 | €13,320 | -€8,082 | -37.8% |
| Other amounts receivable | 41 | €9,676 | €13,041 | +€3,365 | +34.8% |
| Cash at bank and in hand | 54/58 | €5,843 | €11,491 | +€5,648 | +96.7% |
| Deferred charges and accrued income | 490/1 | €3,873 | €4,296 | +€422 | +10.9% |
| Total equity and liabilities | 10/49 | €90,090 | €79,492 | -€10,599 | -11.8% |
| Equity | 10/15 | €76,514 | €64,583 | -€11,931 | -15.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,514 | €71,514 | = | 0.0% |
| Distributable reserves | 133 | €71,514 | €71,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,931 | -€11,931 | |
| Amounts payable | 17/49 | €13,576 | €14,909 | +€1,333 | +9.8% |
| Amounts payable within one year | 42/48 | €13,576 | €14,909 | +€1,333 | +9.8% |
| Trade debts | 44 | €8,829 | €4,649 | -€4,180 | -47.3% |
| Suppliers | 440/4 | €8,829 | €4,649 | -€4,180 | -47.3% |
| Taxes, remuneration and social security | 45 | €4,589 | €6,178 | +€1,589 | +34.6% |
| Taxes | 450/3 | €4,105 | €6,178 | +€2,074 | +50.5% |
| Remuneration and social security | 454/9 | €484 | - | -€484 | |
| Other amounts payable | 47/48 | €158 | €4,082 | +€3,924 | +2486.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,310 | €13,256 | +€3,946 | +42.4% |
| Other operating charges | 640/8 | €505 | €640 | +€134 | +26.6% |
| Non-recurring operating charges | 66A | - | €65 | +€65 | |
| Gross operating margin | 9900 | €33,961 | €12,264 | -€21,697 | -63.9% |
| Operating profit (loss) | 9901 | €24,146 | -€1,697 | -€25,842 | |
| Financial charges | 65/66B | €3,945 | €9,467 | +€5,522 | +140.0% |
| Recurring financial charges | 65 | €3,945 | €9,467 | +€5,522 | +140.0% |
| Profit (loss) for the period before taxes | 9903 | €20,201 | -€11,163 | -€31,364 | |
| Income taxes | 67/77 | €8,105 | €768 | -€7,337 | -90.5% |
| Profit (loss) for the period | 9904 | €12,096 | -€11,931 | -€24,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,096 | -€11,931 | -€24,027 |
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 11 October 2026 via checked.be.