KuisM: 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.
KuisM
Largest movements
- Receivables within one year +€153,724
up €153,724 (+414%), from €37,167 to €190,892
of which Trade receivables: +€135,759
- Cash +€92,665
up €92,665 (+3,406%), from €2,721 to €95,385
mainly Trade debts (+€234,866) and Net result for the year (+€55,706)
- Intangible fixed assets +€76,864
new in 2025: €76,864
- Trade debts +€234,866
up €234,866 (+4,547%), from €5,166 to €240,032
- Reserves +€55,706
up €55,706 (+723%), from €7,705 to €63,411
- Tax, wage and social debts +€38,591
up €38,591 (+151%), from €25,517 to €64,108
of which Remuneration and social security: +€36,335
- Gross operating margin +€287,566
up €287,566 (+361%), from €79,622 to €367,189
- Staff costs +€225,923
up €225,923 (+330%), from €68,449 to €294,372
- Taxes +€11,088
up €11,088 (+384%), from €2,889 to €13,978
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 | €40,388 | €369,551 | +€329,164 | +815% |
| Fixed assets | 21/28 | €500 | €79,876 | +€79,376 | +15,875% |
| Intangible fixed assets | 21 | - | €76,864 | +€76,864 | |
| Tangible fixed assets | 22/27 | - | €3,011 | +€3,011 | |
| Furniture and vehicles | 24 | - | €3,011 | +€3,011 | |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €39,888 | €289,676 | +€249,788 | +626% |
| Amounts receivable within one year | 40/41 | €37,167 | €190,892 | +€153,724 | +414% |
| Trade receivables | 40 | €6,600 | €142,358 | +€135,759 | +2,057% |
| Other amounts receivable | 41 | €30,568 | €48,534 | +€17,966 | +58.8% |
| Cash at bank and in hand | 54/58 | €2,721 | €95,385 | +€92,665 | +3,406% |
| Deferred charges and accrued income | 490/1 | - | €3,399 | +€3,399 | |
| Total equity and liabilities | 10/49 | €40,388 | €369,551 | +€329,164 | +815% |
| Equity | 10/15 | €9,705 | €65,411 | +€55,706 | +574% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €7,705 | €63,411 | +€55,706 | +723% |
| Distributable reserves | 133 | €7,705 | €63,411 | +€55,706 | +723% |
| Amounts payable | 17/49 | €30,683 | €304,140 | +€273,457 | +891% |
| Amounts payable within one year | 42/48 | €30,683 | €304,140 | +€273,457 | +891% |
| Trade debts | 44 | €5,166 | €240,032 | +€234,866 | +4,547% |
| Suppliers | 440/4 | €5,166 | €240,032 | +€234,866 | +4,547% |
| Taxes, remuneration and social security | 45 | €25,517 | €64,108 | +€38,591 | +151% |
| Taxes | 450/3 | €4,222 | €6,478 | +€2,256 | +53.4% |
| Remuneration and social security | 454/9 | €21,295 | €57,630 | +€36,335 | +171% |
| Remuneration, social security and pensions | 62 | €68,449 | €294,372 | +€225,923 | +330% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,930 | +€1,930 | |
| Other operating charges | 640/8 | €413 | €1,024 | +€611 | +148% |
| Gross operating margin | 9900 | €79,622 | €367,189 | +€287,566 | +361% |
| Operating profit (loss) | 9901 | €10,760 | €69,863 | +€59,102 | +549% |
| Financial income | 75/76B | €21 | €33 | +€12 | +57.4% |
| Recurring financial income | 75 | €21 | €33 | +€12 | +57.4% |
| Financial charges | 65/66B | €187 | €212 | +€25 | +13.5% |
| Recurring financial charges | 65 | €187 | €212 | +€25 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €10,595 | €69,684 | +€59,089 | +558% |
| Income taxes | 67/77 | €2,889 | €13,978 | +€11,088 | +384% |
| Profit (loss) for the period | 9904 | €7,705 | €55,706 | +€48,001 | +623% |
| Profit (loss) for the period to be appropriated | 9905 | €7,705 | €55,706 | +€48,001 | +623% |
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 19 October 2026 via checked.be.