KMO ADVISING: 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.
KMO ADVISING
Largest movements
- Receivables within one year +€24,506
up €24,506 (+63.8%), from €38,383 to €62,889
of which Trade receivables: +€22,323
- Tangible fixed assets +€18,697
up €18,697 (+10.4%), from €179,631 to €198,329
of which Furniture and vehicles: +€30,429
- Reserves +€29,490
up €29,490 (+31.1%), from €94,912 to €124,401
- Profit (loss) carried forward -€20,000
down €20,000 (-9.7%), from €205,345 to €185,345
- Current portion of long-term debt +€13,429
up €13,429 (+178.9%), from €7,508 to €20,937
- Other debts +€11,182
up €11,182 (+119.2%), from €9,382 to €20,565
- Debts after one year +€7,379
up €7,379 (+7.0%), from €106,109 to €113,488
- Gross operating margin +€30,648
up €30,648 (+62.9%), from €48,711 to €79,359
- Depreciation +€6,139
up €6,139 (+45.1%), from €13,598 to €19,738
- Taxes +€5,781
up €5,781 (+86.7%), from €6,667 to €12,448
- Financial charges +€1,041
up €1,041 (+37.3%), from €2,793 to €3,834
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 | €456,830 | €500,076 | +€43,246 | +9.5% |
| Fixed assets | 21/28 | €179,631 | €198,329 | +€18,697 | +10.4% |
| Tangible fixed assets | 22/27 | €179,631 | €198,329 | +€18,697 | +10.4% |
| Land and buildings | 22 | €178,580 | €166,848 | -€11,732 | -6.6% |
| Furniture and vehicles | 24 | €1,052 | €31,481 | +€30,429 | +2893.6% |
| Current assets | 29/58 | €277,199 | €301,747 | +€24,549 | +8.9% |
| Amounts receivable within one year | 40/41 | €38,383 | €62,889 | +€24,506 | +63.8% |
| Trade receivables | 40 | €38,367 | €60,689 | +€22,323 | +58.2% |
| Other amounts receivable | 41 | €17 | €2,200 | +€2,184 | +13185.6% |
| Current investments | 50/53 | €230,000 | €230,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,626 | €5,308 | -€1,317 | -19.9% |
| Deferred charges and accrued income | 490/1 | €2,190 | €3,550 | +€1,360 | +62.1% |
| Total equity and liabilities | 10/49 | €456,830 | €500,076 | +€43,246 | +9.5% |
| Equity | 10/15 | €306,612 | €316,102 | +€9,490 | +3.1% |
| Contributions | 10/11 | €6,355 | €6,355 | = | 0.0% |
| Reserves | 13 | €94,912 | €124,401 | +€29,490 | +31.1% |
| Distributable reserves | 133 | €94,912 | €124,401 | +€29,490 | +31.1% |
| Profit (loss) carried forward | 14 | €205,345 | €185,345 | -€20,000 | -9.7% |
| Amounts payable | 17/49 | €150,217 | €183,974 | +€33,756 | +22.5% |
| Amounts payable after more than one year | 17 | €106,109 | €113,488 | +€7,379 | +7.0% |
| Financial debts | 170/4 | €106,109 | €113,488 | +€7,379 | +7.0% |
| Amounts payable within one year | 42/48 | €43,642 | €69,839 | +€26,197 | +60.0% |
| Current portion of amounts payable after more than one year | 42 | €7,508 | €20,937 | +€13,429 | +178.9% |
| Financial debts | 43 | - | €6,000 | +€6,000 | |
| Credit institutions | 430/8 | - | €6,000 | +€6,000 | |
| Trade debts | 44 | €12,268 | €7,573 | -€4,695 | -38.3% |
| Suppliers | 440/4 | €12,268 | €7,573 | -€4,695 | -38.3% |
| Taxes, remuneration and social security | 45 | €14,484 | €14,765 | +€280 | +1.9% |
| Taxes | 450/3 | €11,175 | €11,362 | +€187 | +1.7% |
| Remuneration and social security | 454/9 | €3,310 | €3,403 | +€93 | +2.8% |
| Other amounts payable | 47/48 | €9,382 | €20,565 | +€11,182 | +119.2% |
| Accrued charges and deferred income | 492/3 | €466 | €647 | +€181 | +38.8% |
| Remuneration, social security and pensions | 62 | €12,074 | €12,292 | +€219 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,598 | €19,738 | +€6,139 | +45.1% |
| Other operating charges | 640/8 | €2,753 | €2,830 | +€77 | +2.8% |
| Gross operating margin | 9900 | €48,711 | €79,359 | +€30,648 | +62.9% |
| Operating profit (loss) | 9901 | €20,286 | €44,499 | +€24,213 | +119.4% |
| Financial income | 75/76B | €975 | €1,273 | +€297 | +30.5% |
| Recurring financial income | 75 | €975 | €1,273 | +€297 | +30.5% |
| Financial charges | 65/66B | €2,793 | €3,834 | +€1,041 | +37.3% |
| Recurring financial charges | 65 | €2,793 | €3,834 | +€1,041 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €18,468 | €41,938 | +€23,470 | +127.1% |
| Income taxes | 67/77 | €6,667 | €12,448 | +€5,781 | +86.7% |
| Profit (loss) for the period | 9904 | €11,801 | €29,490 | +€17,688 | +149.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,801 | €29,490 | +€17,688 | +149.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.