KMK: 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.
KMK
Largest movements
- Cash -€30,438
down €30,438 (-45.6%), from €66,756 to €36,318
mainly Net result for the year (-€32,120) and Tax, wage and social debts (-€10)
- Profit (loss) carried forward -€32,120
down €32,120 (-17.8%), from -€180,747 to -€212,866
- Gross operating margin +€1,176
up €1,176 (+3.7%), from -€31,626 to -€30,450
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 | €2,393,285 | €2,362,732 | -€30,553 | -1.3% |
| Fixed assets | 21/28 | €2,237,232 | €2,237,116 | -€116 | 0.0% |
| Tangible fixed assets | 22/27 | €2,237,232 | €2,237,116 | -€116 | 0.0% |
| Land and buildings | 22 | €2,236,250 | €2,236,250 | = | 0.0% |
| Furniture and vehicles | 24 | €982 | €866 | -€116 | -11.8% |
| Current assets | 29/58 | €156,054 | €125,616 | -€30,438 | -19.5% |
| Stocks and contracts in progress | 3 | €89,297 | €89,297 | = | 0.0% |
| Contracts in progress | 37 | €89,297 | €89,297 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,756 | €36,318 | -€30,438 | -45.6% |
| Total equity and liabilities | 10/49 | €2,393,285 | €2,362,732 | -€30,553 | -1.3% |
| Equity | 10/15 | €2,286,753 | €2,254,634 | -€32,120 | -1.4% |
| Contributions | 10/11 | €2,467,500 | €2,467,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,747 | -€212,866 | -€32,120 | -17.8% |
| Amounts payable | 17/49 | €106,532 | €108,098 | +€1,566 | +1.5% |
| Amounts payable within one year | 42/48 | €106,532 | €108,098 | +€1,566 | +1.5% |
| Financial debts | 43 | €850 | €850 | = | 0.0% |
| Credit institutions | 430/8 | €850 | €850 | = | 0.0% |
| Trade debts | 44 | - | €1,576 | +€1,576 | |
| Suppliers | 440/4 | - | €1,576 | +€1,576 | |
| Taxes, remuneration and social security | 45 | €614 | €605 | -€10 | -1.6% |
| Taxes | 450/3 | €614 | €605 | -€10 | -1.6% |
| Other amounts payable | 47/48 | €105,068 | €105,068 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116 | €116 | = | 0.0% |
| Other operating charges | 640/8 | €1,217 | €1,247 | +€30 | +2.5% |
| Gross operating margin | 9900 | -€31,626 | -€30,450 | +€1,176 | +3.7% |
| Operating profit (loss) | 9901 | -€32,958 | -€31,812 | +€1,146 | +3.5% |
| Financial charges | 65/66B | €57 | €18 | -€39 | -68.4% |
| Recurring financial charges | 65 | €57 | €18 | -€39 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | -€33,015 | -€31,830 | +€1,185 | +3.6% |
| Income taxes | 67/77 | €315 | €289 | -€26 | -8.3% |
| Profit (loss) for the period | 9904 | -€33,330 | -€32,120 | +€1,211 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,330 | -€32,120 | +€1,211 | +3.6% |
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 29 September 2026 via checked.be.