KMS & CO: 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 & CO
Largest movements
- Receivables within one year -€275,861
down €275,861 (-28.1%), from €983,092 to €707,230
of which Trade receivables: -€504,072
- Financial fixed assets +€34,000
new in 2024: €34,000
- Cash +€14,423
up €14,423 (+218%), from €6,605 to €21,028
mainly Receivables within one year (+€275,861) and Tax, wage and social debts (+€116,513)
- Trade debts -€345,976
down €345,976 (-46.3%), from €747,305 to €401,328
- Tax, wage and social debts +€116,513
up €116,513 (+74.4%), from €156,697 to €273,210
of which Taxes: +€181,540
- Debts after one year -€16,594
down €16,594 (-44.2%), from €37,512 to €20,919
- Profit (loss) carried forward +€16,404
up €16,404 (+109%), from €15,085 to €31,489
- Turnover -€1.1m
no longer reported in 2024 (was €1.1m)
- Purchases and services -€509,227
no longer reported in 2024 (was €509,227)
- Staff costs -€129,570
down €129,570 (-24.8%), from €523,389 to €393,819
- Gross operating margin -€125,761
down €125,761 (-22.1%), from €569,768 to €444,007
- Financial charges +€16,043
up €16,043 (+108%), from €14,807 to €30,849
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €989,696 | €762,258 | -€227,438 | -23.0% |
| Fixed assets | 21/28 | - | €34,000 | +€34,000 | |
| Financial fixed assets | 28 | - | €34,000 | +€34,000 | |
| Current assets | 29/58 | €989,696 | €728,258 | -€261,438 | -26.4% |
| Amounts receivable within one year | 40/41 | €983,092 | €707,230 | -€275,861 | -28.1% |
| Trade receivables | 40 | €983,092 | €479,020 | -€504,072 | -51.3% |
| Other amounts receivable | 41 | - | €228,210 | +€228,210 | |
| Cash at bank and in hand | 54/58 | €6,605 | €21,028 | +€14,423 | +218% |
| Total equity and liabilities | 10/49 | €989,696 | €762,258 | -€227,438 | -23.0% |
| Equity | 10/15 | €30,085 | €46,489 | +€16,404 | +54.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,085 | €31,489 | +€16,404 | +109% |
| Amounts payable | 17/49 | €959,611 | €715,769 | -€243,842 | -25.4% |
| Amounts payable after more than one year | 17 | €37,512 | €20,919 | -€16,594 | -44.2% |
| Financial debts | 170/4 | €37,512 | €20,919 | -€16,594 | -44.2% |
| Amounts payable within one year | 42/48 | €922,099 | €694,851 | -€227,248 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €15,762 | €19,713 | +€3,951 | +25.1% |
| Trade debts | 44 | €747,305 | €401,328 | -€345,976 | -46.3% |
| Suppliers | 440/4 | €747,305 | €401,328 | -€345,976 | -46.3% |
| Taxes, remuneration and social security | 45 | €156,697 | €273,210 | +€116,513 | +74.4% |
| Taxes | 450/3 | €37,913 | €219,453 | +€181,540 | +479% |
| Remuneration and social security | 454/9 | €118,784 | €53,757 | -€65,027 | -54.7% |
| Other amounts payable | 47/48 | €2,336 | €600 | -€1,736 | -74.3% |
| Turnover | 70 | €1,078,995 | - | -€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €509,227 | - | -€509,227 | |
| Remuneration, social security and pensions | 62 | €523,389 | €393,819 | -€129,570 | -24.8% |
| Other operating charges | 640/8 | €7,273 | €2,935 | -€4,338 | -59.6% |
| Gross operating margin | 9900 | €569,768 | €444,007 | -€125,761 | -22.1% |
| Operating profit (loss) | 9901 | €39,106 | €47,253 | +€8,147 | +20.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €14,807 | €30,849 | +€16,043 | +108% |
| Recurring financial charges | 65 | €14,807 | €30,849 | +€16,043 | +108% |
| Profit (loss) for the period before taxes | 9903 | €24,300 | €16,404 | -€7,896 | -32.5% |
| Income taxes | 67/77 | €9,215 | - | -€9,215 | |
| Profit (loss) for the period | 9904 | €15,085 | €16,404 | +€1,319 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,085 | €16,404 | +€1,319 | +8.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.