KMO-ASSUR: 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-ASSUR
Largest movements
- Current investments +€900,000
new in 2025: €900,000
- Tangible fixed assets -€42,757
down €42,757 (-42.5%), from €100,495 to €57,738
of which Furniture and vehicles: -€52,493
- Receivables within one year +€39,225
up €39,225 (+133.9%), from €29,284 to €68,509
of which Trade receivables: +€30,490
- Reserves +€648,166
up €648,166 (+1438.7%), from €45,051 to €693,217
- Current portion of long-term debt +€218,508
up €218,508 (+1901.3%), from €11,492 to €230,000
- Tax, wage and social debts +€51,954
up €51,954 (+338.2%), from €15,363 to €67,316
of which Taxes: +€58,174
- Debts after one year -€23,863
down €23,863 (-100.0%), from €23,863 to €0
- Gross operating margin +€924,114
up €924,114 (+876.0%), from €105,497 to €1.0m
- Taxes +€297,141
up €297,141 (+3287.7%), from €9,038 to €306,179
- Staff costs -€21,325
down €21,325 (-31.7%), from €67,364 to €46,039
- Other operating charges +€19,313
up €19,313 (+533.4%), from €3,620 to €22,933
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 | €148,507 | €1,037,732 | +€889,225 | +598.8% |
| Fixed assets | 21/28 | €100,633 | €57,876 | -€42,757 | -42.5% |
| Tangible fixed assets | 22/27 | €100,495 | €57,738 | -€42,757 | -42.5% |
| Plant, machinery and equipment | 23 | €1,773 | €0 | -€1,773 | -100.0% |
| Furniture and vehicles | 24 | €63,173 | €10,680 | -€52,493 | -83.1% |
| Other tangible fixed assets | 26 | €35,549 | €47,058 | +€11,509 | +32.4% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €47,874 | €979,856 | +€931,982 | +1946.7% |
| Amounts receivable within one year | 40/41 | €29,284 | €68,509 | +€39,225 | +133.9% |
| Trade receivables | 40 | €25,492 | €55,982 | +€30,490 | +119.6% |
| Other amounts receivable | 41 | €3,792 | €12,527 | +€8,735 | +230.4% |
| Current investments | 50/53 | - | €900,000 | +€900,000 | |
| Cash at bank and in hand | 54/58 | €17,191 | €8,772 | -€8,419 | -49.0% |
| Deferred charges and accrued income | 490/1 | €1,399 | €2,575 | +€1,176 | +84.1% |
| Total equity and liabilities | 10/49 | €148,507 | €1,037,732 | +€889,225 | +598.8% |
| Equity | 10/15 | €64,051 | €712,217 | +€648,166 | +1012.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €45,051 | €693,217 | +€648,166 | +1438.7% |
| Distributable reserves | 133 | €45,051 | €693,217 | +€648,166 | +1438.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €84,456 | €325,515 | +€241,059 | +285.4% |
| Amounts payable after more than one year | 17 | €23,863 | €0 | -€23,863 | -100.0% |
| Financial debts | 170/4 | €23,863 | €0 | -€23,863 | -100.0% |
| Amounts payable within one year | 42/48 | €60,593 | €325,515 | +€264,922 | +437.2% |
| Current portion of amounts payable after more than one year | 42 | €11,492 | €230,000 | +€218,508 | +1901.3% |
| Trade debts | 44 | €33,449 | €28,198 | -€5,250 | -15.7% |
| Suppliers | 440/4 | €33,449 | €28,198 | -€5,250 | -15.7% |
| Taxes, remuneration and social security | 45 | €15,363 | €67,316 | +€51,954 | +338.2% |
| Taxes | 450/3 | €8,005 | €66,179 | +€58,174 | +726.7% |
| Remuneration and social security | 454/9 | €7,357 | €1,138 | -€6,220 | -84.5% |
| Other amounts payable | 47/48 | €290 | €0 | -€290 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €67,364 | €46,039 | -€21,325 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,544 | €4,824 | -€8,720 | -64.4% |
| Other operating charges | 640/8 | €3,620 | €22,933 | +€19,313 | +533.4% |
| Gross operating margin | 9900 | €105,497 | €1,029,610 | +€924,114 | +876.0% |
| Operating profit (loss) | 9901 | €20,968 | €955,814 | +€934,846 | +4458.4% |
| Financial income | 75/76B | €1,023 | €239 | -€784 | -76.6% |
| Recurring financial income | 75 | €1,023 | €239 | -€784 | -76.6% |
| Financial charges | 65/66B | €1,128 | €1,708 | +€581 | +51.5% |
| Recurring financial charges | 65 | €1,128 | €1,708 | +€581 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €20,863 | €954,345 | +€933,482 | +4474.3% |
| Income taxes | 67/77 | €9,038 | €306,179 | +€297,141 | +3287.7% |
| Profit (loss) for the period | 9904 | €11,825 | €648,166 | +€636,341 | +5381.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,825 | €648,166 | +€636,341 | +5381.2% |
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.