KMG Confidens: what changed
What changed
KMG Confidens
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
-€36,787
2024 · -€41,374+€4,587
Equity
-€72,161
2024 · -€35,374-€36,787
Cash
€16,446
2024 · €36,765-€20,319
Balance sheet total
€413,447
2024 · €429,821-€16,375
Largest movements
Assets
- Cash -€20,319
down €20,319 (-55.3%), from €36,765 to €16,446
mainly Net result for the year (-€36,787) and Trade debts (-€36,578)
- Receivables within one year +€7,029
up €7,029 (+18.7%), from €37,602 to €44,631
of which Trade receivables: +€7,301
Equity and liabilities
- Debts after one year +€54,952
up €54,952 (+15.3%), from €358,001 to €412,954
- Profit (loss) carried forward -€36,787
down €36,787 (-88.9%), from -€41,374 to -€78,161
- Trade debts -€36,578
down €36,578 (-44.8%), from €81,675 to €45,097
Income statement
- Gross operating margin +€30,736
up €30,736, from -€20,752 to €9,984
- Staff costs +€23,337
up €23,337 (+14,109%), from €165 to €23,502
- Other operating charges -€6,060
down €6,060 (-86.9%), from €6,976 to €916
- Depreciation +€5,041
up €5,041 (+111%), from €4,545 to €9,587
- Financial charges +€2,051
up €2,051 (+23.0%), from €8,935 to €10,987
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€41,374
Gross operating margin
+€30,736
Staff costs
-€23,337
Depreciation
-€5,041
Write-downs
-€1,729
Other operating charges
+€6,060
Financial income
+€10
Financial charges
-€2,051
Taxes
-€61
Result 2025
-€36,787
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€70,304
Investment
-€5,598
Financing
+€55,584
Cash 2024
€36,765
From operations (derived)
-€70,304
Net result for the year
-€36,787
Depreciation
+€9,587
Receivables within one year
-€7,029
Deferred charges and accrued income
-€904
Trade debts
-€36,578
Tax, wage and social debts
+€1,472
Accrued charges and deferred income
-€65
Investment (derived)
-€5,598
Investment in fixed assets (net)
-€5,598
Financing
+€55,584
Debts after one year
+€54,952
Current portion of long-term debt
+€631
Cash 2025
€16,446
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €429,821 | €413,447 | -€16,375 | -3.8% |
| Fixed assets | 21/28 | €355,455 | €351,466 | -€3,989 | -1.1% |
| Tangible fixed assets | 22/27 | €355,455 | €351,466 | -€3,989 | -1.1% |
| Land and buildings | 22 | €355,455 | €346,364 | -€9,091 | -2.6% |
| Plant, machinery and equipment | 23 | - | €1,831 | +€1,831 | |
| Furniture and vehicles | 24 | - | €3,271 | +€3,271 | |
| Current assets | 29/58 | €74,367 | €61,981 | -€12,386 | -16.7% |
| Amounts receivable within one year | 40/41 | €37,602 | €44,631 | +€7,029 | +18.7% |
| Trade receivables | 40 | €37,314 | €44,615 | +€7,301 | +19.6% |
| Other amounts receivable | 41 | €288 | €16 | -€272 | -94.6% |
| Cash at bank and in hand | 54/58 | €36,765 | €16,446 | -€20,319 | -55.3% |
| Deferred charges and accrued income | 490/1 | - | €904 | +€904 | |
| Total equity and liabilities | 10/49 | €429,821 | €413,447 | -€16,375 | -3.8% |
| Equity | 10/15 | -€35,374 | -€72,161 | -€36,787 | -104% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,374 | -€78,161 | -€36,787 | -88.9% |
| Amounts payable | 17/49 | €465,195 | €485,608 | +€20,413 | +4.4% |
| Amounts payable after more than one year | 17 | €358,001 | €412,954 | +€54,952 | +15.3% |
| Financial debts | 170/4 | €358,001 | €412,954 | +€54,952 | +15.3% |
| Amounts payable within one year | 42/48 | €107,129 | €72,654 | -€34,475 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €19,416 | €20,048 | +€631 | +3.3% |
| Trade debts | 44 | €81,675 | €45,097 | -€36,578 | -44.8% |
| Suppliers | 440/4 | €81,675 | €45,097 | -€36,578 | -44.8% |
| Taxes, remuneration and social security | 45 | €6,038 | €7,510 | +€1,472 | +24.4% |
| Taxes | 450/3 | €6,038 | €3,303 | -€2,736 | -45.3% |
| Remuneration and social security | 454/9 | - | €4,208 | +€4,208 | |
| Accrued charges and deferred income | 492/3 | €65 | - | -€65 | |
| Remuneration, social security and pensions | 62 | €165 | €23,502 | +€23,337 | +14,109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,545 | €9,587 | +€5,041 | +111% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,729 | +€1,729 | |
| Other operating charges | 640/8 | €6,976 | €916 | -€6,060 | -86.9% |
| Gross operating margin | 9900 | -€20,752 | €9,984 | +€30,736 | |
| Operating profit (loss) | 9901 | -€32,439 | -€25,750 | +€6,689 | +20.6% |
| Financial income | 75/76B | €0 | €10 | +€10 | +102,900% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +102,900% |
| Financial charges | 65/66B | €8,935 | €10,987 | +€2,051 | +23.0% |
| Recurring financial charges | 65 | €8,935 | €10,987 | +€2,051 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | -€41,374 | -€36,726 | +€4,648 | +11.2% |
| Income taxes | 67/77 | - | €61 | +€61 | |
| Profit (loss) for the period | 9904 | -€41,374 | -€36,787 | +€4,587 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,374 | -€36,787 | +€4,587 | +11.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.