KMSB Equity: 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.
KMSB Equity
Largest movements
- Cash -€15,579
down €15,579 (-29.2%), from €53,438 to €37,859
mainly Net result for the year (-€14,478) and Other debts (-€8,900)
- Tangible fixed assets -€6,833
down €6,833 (-3.8%), from €178,955 to €172,122
- Profit (loss) carried forward -€14,478
down €14,478 (-22.6%), from -€64,158 to -€78,636
- Other debts -€8,900
down €8,900 (-5.8%), from €153,800 to €144,900
- Gross operating margin -€2,618
down €2,618 (-75.8%), from €3,455 to €836
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 | €232,393 | €209,981 | -€22,412 | -9.6% |
| Fixed assets | 21/28 | €178,955 | €172,122 | -€6,833 | -3.8% |
| Tangible fixed assets | 22/27 | €178,955 | €172,122 | -€6,833 | -3.8% |
| Land and buildings | 22 | €178,955 | €172,122 | -€6,833 | -3.8% |
| Current assets | 29/58 | €53,438 | €37,859 | -€15,579 | -29.2% |
| Cash at bank and in hand | 54/58 | €53,438 | €37,859 | -€15,579 | -29.2% |
| Total equity and liabilities | 10/49 | €232,393 | €209,981 | -€22,412 | -9.6% |
| Equity | 10/15 | €75,842 | €61,364 | -€14,478 | -19.1% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,158 | -€78,636 | -€14,478 | -22.6% |
| Amounts payable | 17/49 | €156,551 | €148,616 | -€7,934 | -5.1% |
| Amounts payable within one year | 42/48 | €155,900 | €147,000 | -€8,900 | -5.7% |
| Taxes, remuneration and social security | 45 | €2,100 | €2,100 | = | 0.0% |
| Taxes | 450/3 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €153,800 | €144,900 | -€8,900 | -5.8% |
| Accrued charges and deferred income | 492/3 | €651 | €1,616 | +€966 | +148.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,833 | €6,833 | = | 0.0% |
| Other operating charges | 640/8 | €1,364 | €1,381 | +€17 | +1.2% |
| Gross operating margin | 9900 | €3,455 | €836 | -€2,618 | -75.8% |
| Operating profit (loss) | 9901 | -€4,743 | -€7,378 | -€2,635 | -55.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €7,099 | €7,104 | +€5 | +0.1% |
| Recurring financial charges | 65 | €7,099 | €7,104 | +€5 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,842 | -€14,478 | -€2,636 | -22.3% |
| Profit (loss) for the period | 9904 | -€11,842 | -€14,478 | -€2,636 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,842 | -€14,478 | -€2,636 | -22.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.