KMO ARCHITECT: 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 ARCHITECT
Largest movements
- Receivables within one year -€100,996
down €100,996 (-71.3%), from €141,629 to €40,633
of which Trade receivables: -€101,968
- Financial fixed assets -€64,000
down €64,000 (-16.1%), from €397,383 to €333,383
- Cash -€8,810
down €8,810 (-38.9%), from €22,638 to €13,828
mainly Debts after one year (-€107,268) and Current portion of long-term debt (-€36,193)
- Debts after one year -€107,268
down €107,268 (-32.2%), from €332,726 to €225,458
- Current portion of long-term debt -€36,193
down €36,193 (-26.5%), from €136,741 to €100,549
- Tax, wage and social debts -€19,432
down €19,432 (-87.1%), from €22,303 to €2,871
of which Remuneration and social security: -€17,202
- Trade debts -€8,247
down €8,247 (-44.9%), from €18,349 to €10,101
- Gross operating margin -€91,045
down €91,045, from €90,750 to -€296
- Staff costs -€88,729
down €88,729 (-90.1%), from €98,445 to €9,716
- Financial income +€43,279
new in 2025: €43,279
of which Non-recurring financial income: +€42,000
- Financial charges +€13,190
up €13,190 (+161.2%), from €8,184 to €21,375
- Depreciation +€2,084
up €2,084 (+24.6%), from €8,458 to €10,541
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 | €636,382 | €465,501 | -€170,881 | -26.9% |
| Fixed assets | 21/28 | €429,876 | €367,513 | -€62,362 | -14.5% |
| Tangible fixed assets | 22/27 | €32,492 | €34,130 | +€1,638 | +5.0% |
| Land and buildings | 22 | €5,433 | €3,912 | -€1,521 | -28.0% |
| Plant, machinery and equipment | 23 | €13,474 | €19,608 | +€6,134 | +45.5% |
| Furniture and vehicles | 24 | €13,585 | €10,610 | -€2,975 | -21.9% |
| Financial fixed assets | 28 | €397,383 | €333,383 | -€64,000 | -16.1% |
| Current assets | 29/58 | €206,507 | €97,988 | -€108,519 | -52.5% |
| Amounts receivable after more than one year | 29 | €42,240 | €42,240 | = | 0.0% |
| Other amounts receivable | 291 | €42,240 | €42,240 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €141,629 | €40,633 | -€100,996 | -71.3% |
| Trade receivables | 40 | €141,629 | €39,660 | -€101,968 | -72.0% |
| Other amounts receivable | 41 | - | €972 | +€972 | |
| Cash at bank and in hand | 54/58 | €22,638 | €13,828 | -€8,810 | -38.9% |
| Deferred charges and accrued income | 490/1 | - | €1,287 | +€1,287 | |
| Total equity and liabilities | 10/49 | €636,382 | €465,501 | -€170,881 | -26.9% |
| Equity | 10/15 | €126,264 | €126,485 | +€221 | +0.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Revaluation surpluses | 12 | €315,333 | €315,333 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,930 | -€200,708 | +€221 | +0.1% |
| Amounts payable | 17/49 | €510,119 | €339,016 | -€171,103 | -33.5% |
| Amounts payable after more than one year | 17 | €332,726 | €225,458 | -€107,268 | -32.2% |
| Financial debts | 170/4 | €332,726 | €225,458 | -€107,268 | -32.2% |
| Amounts payable within one year | 42/48 | €177,393 | €113,558 | -€63,835 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €136,741 | €100,549 | -€36,193 | -26.5% |
| Trade debts | 44 | €18,349 | €10,101 | -€8,247 | -44.9% |
| Suppliers | 440/4 | €18,349 | €10,101 | -€8,247 | -44.9% |
| Taxes, remuneration and social security | 45 | €22,303 | €2,871 | -€19,432 | -87.1% |
| Taxes | 450/3 | €5,101 | €2,871 | -€2,230 | -43.7% |
| Remuneration and social security | 454/9 | €17,202 | - | -€17,202 | |
| Other amounts payable | 47/48 | - | €37 | +€37 | |
| Remuneration, social security and pensions | 62 | €98,445 | €9,716 | -€88,729 | -90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,458 | €10,541 | +€2,084 | +24.6% |
| Other operating charges | 640/8 | €1,304 | €1,129 | -€175 | -13.4% |
| Non-recurring operating charges | 66A | €238,800 | - | -€238,800 | |
| Gross operating margin | 9900 | €90,750 | -€296 | -€91,045 | |
| Operating profit (loss) | 9901 | -€256,258 | -€21,683 | +€234,575 | +91.5% |
| Financial income | 75/76B | - | €43,279 | +€43,279 | |
| Recurring financial income | 75 | - | €1,279 | +€1,279 | |
| Non-recurring financial income | 76B | - | €42,000 | +€42,000 | |
| Financial charges | 65/66B | €8,184 | €21,375 | +€13,190 | +161.2% |
| Recurring financial charges | 65 | €8,184 | €21,375 | +€13,190 | +161.2% |
| Profit (loss) for the period before taxes | 9903 | -€264,442 | €221 | +€264,663 | |
| Income taxes | 67/77 | €183 | - | -€183 | |
| Profit (loss) for the period | 9904 | -€264,625 | €221 | +€264,847 | |
| Profit (loss) for the period to be appropriated | 9905 | -€264,625 | €221 | +€264,847 |
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 3 October 2026 via checked.be.