KMS BOUW: 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.
KMS BOUW
Largest movements
- Receivables within one year +€42,081
up €42,081 (+2,289%), from €1,839 to €43,920
of which Trade receivables: +€35,738
- Cash -€23,094
down €23,094 (-62.7%), from €36,813 to €13,719
mainly Receivables within one year (-€42,081) and Other debts (-€14,999)
- Tangible fixed assets +€1,754
new in 2025: €1,754
- Profit (loss) carried forward +€31,449
up €31,449 (+178%), from €17,673 to €49,122
- Other debts -€14,999
no longer reported in 2025 (was €14,999)
- Tax, wage and social debts +€3,500
up €3,500 (+77.8%), from €4,500 to €8,000
- Trade debts +€641
up €641 (+726%), from €88 to €730
- Gross operating margin +€18,058
up €18,058 (+76.6%), from €23,581 to €41,639
- Taxes +€3,547
up €3,547 (+78.8%), from €4,500 to €8,047
- Depreciation +€747
new in 2025: €747
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 | €39,260 | €59,852 | +€20,592 | +52.4% |
| Fixed assets | 21/28 | €400 | €2,154 | +€1,754 | +438% |
| Tangible fixed assets | 22/27 | - | €1,754 | +€1,754 | |
| Furniture and vehicles | 24 | - | €1,754 | +€1,754 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €38,860 | €57,699 | +€18,838 | +48.5% |
| Amounts receivable within one year | 40/41 | €1,839 | €43,920 | +€42,081 | +2,289% |
| Trade receivables | 40 | €694 | €36,432 | +€35,738 | +5,151% |
| Other amounts receivable | 41 | €1,145 | €7,488 | +€6,343 | +554% |
| Cash at bank and in hand | 54/58 | €36,813 | €13,719 | -€23,094 | -62.7% |
| Deferred charges and accrued income | 490/1 | €209 | €60 | -€149 | -71.4% |
| Total equity and liabilities | 10/49 | €39,260 | €59,852 | +€20,592 | +52.4% |
| Equity | 10/15 | €19,673 | €51,122 | +€31,449 | +160% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,673 | €49,122 | +€31,449 | +178% |
| Amounts payable | 17/49 | €19,588 | €8,730 | -€10,858 | -55.4% |
| Amounts payable within one year | 42/48 | €19,588 | €8,730 | -€10,858 | -55.4% |
| Trade debts | 44 | €88 | €730 | +€641 | +726% |
| Suppliers | 440/4 | €88 | €730 | +€641 | +726% |
| Taxes, remuneration and social security | 45 | €4,500 | €8,000 | +€3,500 | +77.8% |
| Taxes | 450/3 | €4,500 | €8,000 | +€3,500 | +77.8% |
| Other amounts payable | 47/48 | €14,999 | - | -€14,999 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €747 | +€747 | |
| Other operating charges | 640/8 | €1,110 | €1,099 | -€11 | -1.0% |
| Non-recurring operating charges | 66A | €5 | - | -€5 | |
| Gross operating margin | 9900 | €23,581 | €41,639 | +€18,058 | +76.6% |
| Operating profit (loss) | 9901 | €22,466 | €39,794 | +€17,328 | +77.1% |
| Financial income | 75/76B | €18 | €186 | +€168 | +936% |
| Recurring financial income | 75 | €18 | €186 | +€168 | +936% |
| Financial charges | 65/66B | €311 | €483 | +€172 | +55.4% |
| Recurring financial charges | 65 | €311 | €483 | +€172 | +55.4% |
| Profit (loss) for the period before taxes | 9903 | €22,173 | €39,497 | +€17,324 | +78.1% |
| Income taxes | 67/77 | €4,500 | €8,047 | +€3,547 | +78.8% |
| Profit (loss) for the period | 9904 | €17,673 | €31,449 | +€13,776 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,673 | €31,449 | +€13,776 | +78.0% |
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 23 October 2026 via checked.be.