KMO ADMINISTRATIE: 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.
KMO ADMINISTRATIE
Largest movements
- Receivables within one year +€158,030
up €158,030 (+26.6%), from €594,199 to €752,230
of which Trade receivables: +€122,388
- Cash -€29,748
down €29,748 (-5.3%), from €561,847 to €532,100
mainly Receivables within one year (-€158,030) and Debts after one year (-€20,366)
- Tangible fixed assets -€22,560
down €22,560 (-10.5%), from €213,867 to €191,307
of which Other tangible fixed assets: -€19,611
- Trade debts +€119,386
up €119,386 (+11.6%), from €1.0m to €1.1m
- Debts after one year -€20,366
down €20,366 (-14.9%), from €136,873 to €116,506
- Gross operating margin +€65,167
up €65,167 (+8.4%), from €776,371 to €841,538
- Staff costs +€52,924
up €52,924 (+7.3%), from €726,141 to €779,065
- Financial charges +€9,781
up €9,781 (+120.0%), from €8,149 to €17,931
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 | €1,403,761 | €1,504,025 | +€100,264 | +7.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €224,345 | €199,007 | -€25,338 | -11.3% |
| Intangible fixed assets | 21 | €9,938 | €7,161 | -€2,777 | -27.9% |
| Tangible fixed assets | 22/27 | €213,867 | €191,307 | -€22,560 | -10.5% |
| Plant, machinery and equipment | 23 | €27,423 | €26,714 | -€709 | -2.6% |
| Furniture and vehicles | 24 | €12,550 | €10,309 | -€2,241 | -17.9% |
| Other tangible fixed assets | 26 | €173,894 | €154,283 | -€19,611 | -11.3% |
| Financial fixed assets | 28 | €539 | €539 | = | 0.0% |
| Current assets | 29/58 | €1,179,416 | €1,305,018 | +€125,602 | +10.6% |
| Amounts receivable within one year | 40/41 | €594,199 | €752,230 | +€158,030 | +26.6% |
| Trade receivables | 40 | €533,354 | €655,742 | +€122,388 | +22.9% |
| Other amounts receivable | 41 | €60,845 | €96,488 | +€35,643 | +58.6% |
| Cash at bank and in hand | 54/58 | €561,847 | €532,100 | -€29,748 | -5.3% |
| Deferred charges and accrued income | 490/1 | €23,369 | €20,688 | -€2,681 | -11.5% |
| Total equity and liabilities | 10/49 | €1,403,761 | €1,504,025 | +€100,264 | +7.1% |
| Equity | 10/15 | €58,956 | €63,775 | +€4,819 | +8.2% |
| Contributions | 10/11 | €7,605 | €7,605 | = | 0.0% |
| Capital | 10 | €7,605 | €7,605 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €51,351 | €56,169 | +€4,819 | +9.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €49,351 | €54,169 | +€4,819 | +9.8% |
| Amounts payable | 17/49 | €1,344,805 | €1,440,250 | +€95,445 | +7.1% |
| Amounts payable after more than one year | 17 | €136,873 | €116,506 | -€20,366 | -14.9% |
| Financial debts | 170/4 | €136,873 | €116,506 | -€20,366 | -14.9% |
| Amounts payable within one year | 42/48 | €1,207,932 | €1,323,232 | +€115,300 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €79,485 | €80,366 | +€881 | +1.1% |
| Trade debts | 44 | €1,025,848 | €1,145,234 | +€119,386 | +11.6% |
| Suppliers | 440/4 | €1,025,848 | €1,145,234 | +€119,386 | +11.6% |
| Taxes, remuneration and social security | 45 | €100,523 | €95,036 | -€5,487 | -5.5% |
| Taxes | 450/3 | €6,292 | €7,876 | +€1,584 | +25.2% |
| Remuneration and social security | 454/9 | €94,231 | €87,160 | -€7,071 | -7.5% |
| Other amounts payable | 47/48 | €2,076 | €2,596 | +€520 | +25.0% |
| Accrued charges and deferred income | 492/3 | - | €511 | +€511 | |
| Remuneration, social security and pensions | 62 | €726,141 | €779,065 | +€52,924 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,623 | €31,141 | -€482 | -1.5% |
| Other operating charges | 640/8 | €639 | €1,385 | +€746 | +116.8% |
| Gross operating margin | 9900 | €776,371 | €841,538 | +€65,167 | +8.4% |
| Operating profit (loss) | 9901 | €17,969 | €29,948 | +€11,979 | +66.7% |
| Financial income | 75/76B | €1,595 | €1,021 | -€574 | -36.0% |
| Recurring financial income | 75 | €1,595 | €1,021 | -€574 | -36.0% |
| Financial charges | 65/66B | €8,149 | €17,931 | +€9,781 | +120.0% |
| Recurring financial charges | 65 | €8,149 | €17,931 | +€9,781 | +120.0% |
| Profit (loss) for the period before taxes | 9903 | €11,414 | €13,038 | +€1,624 | +14.2% |
| Income taxes | 67/77 | €6,770 | €8,219 | +€1,449 | +21.4% |
| Profit (loss) for the period | 9904 | €4,644 | €4,819 | +€175 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,644 | €4,819 | +€175 | +3.8% |
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 12 October 2026 via checked.be.