KMLH: 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.
KMLH
Largest movements
- Receivables within one year +€1,064
up €1,064 (+2128.4%), from €50 to €1,114
of which Trade receivables: +€1,064
- Tangible fixed assets -€371
down €371 (-74.5%), from €498 to €127
- Cash +€233
up €233 (+700.4%), from €33 to €266
mainly Other debts (+€2,184) and Depreciation (+€371)
- Financial fixed assets -€120
no longer reported in 2025 (was €120)
- Other debts +€2,184
up €2,184 (+62.0%), from €3,521 to €5,705
- Tax, wage and social debts -€744
down €744 (-36.6%), from €2,033 to €1,289
- Profit (loss) carried forward -€634
down €634 (-9.9%), from -€6,404 to -€7,038
- Other operating charges +€327
up €327 (+149.1%), from €219 to €546
- Gross operating margin -€63
down €63 (-8.3%), from €753 to €690
- Financial charges -€31
down €31 (-10.5%), from €298 to €266
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 | €701 | €1,507 | +€806 | +115.0% |
| Fixed assets | 21/28 | €618 | €127 | -€491 | -79.4% |
| Tangible fixed assets | 22/27 | €498 | €127 | -€371 | -74.5% |
| Furniture and vehicles | 24 | €498 | €127 | -€371 | -74.5% |
| Financial fixed assets | 28 | €120 | - | -€120 | |
| Current assets | 29/58 | €83 | €1,380 | +€1,297 | +1558.6% |
| Amounts receivable within one year | 40/41 | €50 | €1,114 | +€1,064 | +2128.4% |
| Trade receivables | 40 | - | €1,064 | +€1,064 | |
| Other amounts receivable | 41 | €50 | €50 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33 | €266 | +€233 | +700.4% |
| Total equity and liabilities | 10/49 | €701 | €1,507 | +€806 | +115.0% |
| Equity | 10/15 | -€4,961 | -€5,594 | -€634 | -12.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €444 | €444 | = | 0.0% |
| Non-distributable reserves | 130/1 | €444 | €444 | = | 0.0% |
| Reserves not available under the articles | 1311 | €444 | €444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,404 | -€7,038 | -€634 | -9.9% |
| Amounts payable | 17/49 | €5,661 | €7,101 | +€1,440 | +25.4% |
| Amounts payable within one year | 42/48 | €5,661 | €7,101 | +€1,440 | +25.4% |
| Trade debts | 44 | €107 | €107 | = | 0.0% |
| Suppliers | 440/4 | €107 | €107 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,033 | €1,289 | -€744 | -36.6% |
| Taxes | 450/3 | €2,033 | €1,289 | -€744 | -36.6% |
| Other amounts payable | 47/48 | €3,521 | €5,705 | +€2,184 | +62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371 | €371 | = | 0.0% |
| Other operating charges | 640/8 | €219 | €546 | +€327 | +149.1% |
| Gross operating margin | 9900 | €753 | €690 | -€63 | -8.3% |
| Operating profit (loss) | 9901 | €163 | -€226 | -€389 | |
| Financial charges | 65/66B | €298 | €266 | -€31 | -10.5% |
| Recurring financial charges | 65 | €298 | €266 | -€31 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | -€135 | -€493 | -€358 | -265.9% |
| Income taxes | 67/77 | €137 | €141 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€271 | -€634 | -€362 | -133.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€271 | -€634 | -€362 | -133.6% |
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 6 October 2026 via checked.be.