KTM: 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.
KTM
Largest movements
- Receivables within one year +€43,777
up €43,777 (+348%), from €12,588 to €56,365
of which Other amounts receivable: +€23,675
- Deferred charges and accrued income -€2,343
down €2,343 (-37.5%), from €6,254 to €3,911
- Cash -€1,895
down €1,895 (-25.4%), from €7,448 to €5,553
mainly Receivables within one year (-€43,777) and Investment in fixed assets (net) (-€1,585)
- Tangible fixed assets +€1,193
up €1,193 (+72.4%), from €1,648 to €2,841
- Tax, wage and social debts +€25,101
up €25,101 (+761%), from €3,297 to €28,398
of which Taxes: +€24,464
- Profit (loss) carried forward +€12,271
new in 2024: €12,271
- Trade debts +€3,585
up €3,585 (+870%), from €412 to €3,997
- Gross operating margin +€15,680
up €15,680 (+785%), from €1,997 to €17,677
- Taxes +€3,207
up €3,207 (+304%), from €1,056 to €4,264
- Depreciation +€183
up €183 (+87.7%), from €209 to €392
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 | €27,938 | €68,671 | +€40,733 | +146% |
| Fixed assets | 21/28 | €1,648 | €2,841 | +€1,193 | +72.4% |
| Tangible fixed assets | 22/27 | €1,648 | €2,841 | +€1,193 | +72.4% |
| Plant, machinery and equipment | 23 | €1,648 | €2,841 | +€1,193 | +72.4% |
| Current assets | 29/58 | €26,290 | €65,830 | +€39,540 | +150% |
| Amounts receivable within one year | 40/41 | €12,588 | €56,365 | +€43,777 | +348% |
| Trade receivables | 40 | €10,868 | €30,970 | +€20,102 | +185% |
| Other amounts receivable | 41 | €1,720 | €25,396 | +€23,675 | +1,376% |
| Cash at bank and in hand | 54/58 | €7,448 | €5,553 | -€1,895 | -25.4% |
| Deferred charges and accrued income | 490/1 | €6,254 | €3,911 | -€2,343 | -37.5% |
| Total equity and liabilities | 10/49 | €27,938 | €68,671 | +€40,733 | +146% |
| Equity | 10/15 | €22,926 | €35,197 | +€12,271 | +53.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,726 | €16,726 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,866 | €14,866 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €12,271 | +€12,271 | |
| Amounts payable | 17/49 | €5,012 | €33,474 | +€28,461 | +568% |
| Amounts payable within one year | 42/48 | €5,012 | €33,474 | +€28,461 | +568% |
| Trade debts | 44 | €412 | €3,997 | +€3,585 | +870% |
| Suppliers | 440/4 | €412 | €3,997 | +€3,585 | +870% |
| Taxes, remuneration and social security | 45 | €3,297 | €28,398 | +€25,101 | +761% |
| Taxes | 450/3 | €3,297 | €27,760 | +€24,464 | +742% |
| Remuneration and social security | 454/9 | - | €638 | +€638 | |
| Other amounts payable | 47/48 | €1,303 | €1,079 | -€225 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €209 | €392 | +€183 | +87.7% |
| Other operating charges | 640/8 | €700 | €660 | -€40 | -5.7% |
| Gross operating margin | 9900 | €1,997 | €17,677 | +€15,680 | +785% |
| Operating profit (loss) | 9901 | €1,088 | €16,625 | +€15,537 | +1,428% |
| Financial income | 75/76B | €124 | €0 | -€124 | -100.0% |
| Recurring financial income | 75 | €124 | €0 | -€124 | -100.0% |
| Financial charges | 65/66B | €54 | €90 | +€35 | +65.0% |
| Recurring financial charges | 65 | €54 | €90 | +€35 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | €1,158 | €16,535 | +€15,377 | +1,328% |
| Income taxes | 67/77 | €1,056 | €4,264 | +€3,207 | +304% |
| Profit (loss) for the period | 9904 | €101 | €12,271 | +€12,170 | +12,003% |
| Profit (loss) for the period to be appropriated | 9905 | €101 | €12,271 | +€12,170 | +12,003% |
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 19 October 2026 via checked.be.