KMO DESIGN: 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 DESIGN
Largest movements
- Tangible fixed assets +€120,190
up €120,190 (+236%), from €50,878 to €171,069
of which Land and buildings: +€125,962
- Cash -€31,421
down €31,421 (-46.3%), from €67,820 to €36,399
mainly Investment in fixed assets (net) (-€153,408) and Receivables within one year (-€20,684)
- Receivables within one year +€20,684
up €20,684 (+48.2%), from €42,925 to €63,609
of which Trade receivables: +€20,663
- Debts after one year +€101,709
up €101,709 (+331%), from €30,742 to €132,450
- Reserves +€7,340
up €7,340 (+14.9%), from €49,116 to €56,456
- Tax, wage and social debts -€6,445
down €6,445 (-14.5%), from €44,418 to €37,974
of which Taxes: -€5,396
- Current portion of long-term debt +€4,863
up €4,863 (+41.8%), from €11,641 to €16,504
- Staff costs +€36,318
up €36,318 (+129%), from €28,133 to €64,451
- Depreciation +€24,392
up €24,392 (+276%), from €8,825 to €33,217
- Gross operating margin +€10,094
up €10,094 (+9.8%), from €103,472 to €113,566
- Taxes -€9,979
down €9,979 (-73.7%), from €13,539 to €3,561
- Financial charges +€1,171
up €1,171 (+51.1%), from €2,293 to €3,465
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.
Derived cash bridge
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 | €163,341 | €272,591 | +€109,250 | +66.9% |
| Fixed assets | 21/28 | €50,878 | €171,069 | +€120,190 | +236% |
| Tangible fixed assets | 22/27 | €50,878 | €171,069 | +€120,190 | +236% |
| Land and buildings | 22 | - | €125,962 | +€125,962 | |
| Plant, machinery and equipment | 23 | - | €1,129 | +€1,129 | |
| Furniture and vehicles | 24 | €50,878 | €43,977 | -€6,901 | -13.6% |
| Current assets | 29/58 | €112,463 | €101,522 | -€10,941 | -9.7% |
| Amounts receivable within one year | 40/41 | €42,925 | €63,609 | +€20,684 | +48.2% |
| Trade receivables | 40 | €42,123 | €62,786 | +€20,663 | +49.1% |
| Other amounts receivable | 41 | €802 | €823 | +€21 | +2.6% |
| Cash at bank and in hand | 54/58 | €67,820 | €36,399 | -€31,421 | -46.3% |
| Deferred charges and accrued income | 490/1 | €1,718 | €1,515 | -€203 | -11.8% |
| Total equity and liabilities | 10/49 | €163,341 | €272,591 | +€109,250 | +66.9% |
| Equity | 10/15 | €50,116 | €57,456 | +€7,340 | +14.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €49,116 | €56,456 | +€7,340 | +14.9% |
| Distributable reserves | 133 | €49,116 | €56,456 | +€7,340 | +14.9% |
| Amounts payable | 17/49 | €113,225 | €215,135 | +€101,909 | +90.0% |
| Amounts payable after more than one year | 17 | €30,742 | €132,450 | +€101,709 | +331% |
| Financial debts | 170/4 | €30,742 | €132,450 | +€101,709 | +331% |
| Amounts payable within one year | 42/48 | €82,483 | €82,684 | +€201 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €11,641 | €16,504 | +€4,863 | +41.8% |
| Trade debts | 44 | €15,624 | €16,634 | +€1,010 | +6.5% |
| Suppliers | 440/4 | €15,624 | €16,634 | +€1,010 | +6.5% |
| Taxes, remuneration and social security | 45 | €44,418 | €37,974 | -€6,445 | -14.5% |
| Taxes | 450/3 | €34,146 | €28,750 | -€5,396 | -15.8% |
| Remuneration and social security | 454/9 | €10,272 | €9,223 | -€1,049 | -10.2% |
| Other amounts payable | 47/48 | €10,800 | €11,573 | +€773 | +7.2% |
| Remuneration, social security and pensions | 62 | €28,133 | €64,451 | +€36,318 | +129% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,825 | €33,217 | +€24,392 | +276% |
| Other operating charges | 640/8 | €776 | €1,750 | +€974 | +126% |
| Gross operating margin | 9900 | €103,472 | €113,566 | +€10,094 | +9.8% |
| Operating profit (loss) | 9901 | €65,737 | €14,148 | -€51,590 | -78.5% |
| Financial income | 75/76B | €12 | €218 | +€207 | +1,796% |
| Recurring financial income | 75 | €12 | €218 | +€207 | +1,796% |
| Financial charges | 65/66B | €2,293 | €3,465 | +€1,171 | +51.1% |
| Recurring financial charges | 65 | €2,293 | €3,465 | +€1,171 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | €63,455 | €10,901 | -€52,554 | -82.8% |
| Income taxes | 67/77 | €13,539 | €3,561 | -€9,979 | -73.7% |
| Profit (loss) for the period | 9904 | €49,916 | €7,340 | -€42,575 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,916 | €7,340 | -€42,575 | -85.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.