KUMAR A.H.K: 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.
KUMAR A.H.K
Largest movements
- Receivables within one year -€162,735
down €162,735 (-72.8%), from €223,400 to €60,665
of which Trade receivables: -€162,559
- Stocks and contracts +€23,386
up €23,386 (+79.7%), from €29,339 to €52,725
- Cash -€12,719
down €12,719 (-63.9%), from €19,916 to €7,197
mainly Trade debts (-€147,240) and Stocks and contracts (-€23,386)
- Tangible fixed assets -€5,977
down €5,977 (-31.2%), from €19,179 to €13,201
of which Furniture and vehicles: -€7,531
- Trade debts -€147,240
down €147,240 (-69.6%), from €211,605 to €64,365
- Debts after one year -€7,189
down €7,189 (-75.0%), from €9,586 to €2,396
- Purchases and services +€2.90bn
up €2.90bn (+284,851%), from €1.0m to €2.90bn
- Turnover +€121,885
up €121,885 (+11.3%), from €1.1m to €1.2m
- Gross operating margin -€32,978
down €32,978 (-53.2%), from €62,022 to €29,044
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 | €294,065 | €135,651 | -€158,413 | -53.9% |
| Fixed assets | 21/28 | €19,179 | €13,201 | -€5,977 | -31.2% |
| Tangible fixed assets | 22/27 | €19,179 | €13,201 | -€5,977 | -31.2% |
| Plant, machinery and equipment | 23 | €3,530 | €5,083 | +€1,553 | +44.0% |
| Furniture and vehicles | 24 | €15,648 | €8,118 | -€7,531 | -48.1% |
| Current assets | 29/58 | €274,886 | €122,450 | -€152,436 | -55.5% |
| Stocks and contracts in progress | 3 | €29,339 | €52,725 | +€23,386 | +79.7% |
| Stocks | 30/36 | €29,339 | €52,725 | +€23,386 | +79.7% |
| Amounts receivable within one year | 40/41 | €223,400 | €60,665 | -€162,735 | -72.8% |
| Trade receivables | 40 | €200,056 | €37,497 | -€162,559 | -81.3% |
| Other amounts receivable | 41 | €23,344 | €23,168 | -€176 | -0.8% |
| Cash at bank and in hand | 54/58 | €19,916 | €7,197 | -€12,719 | -63.9% |
| Deferred charges and accrued income | 490/1 | €2,231 | €1,862 | -€368 | -16.5% |
| Total equity and liabilities | 10/49 | €294,065 | €135,651 | -€158,413 | -53.9% |
| Equity | 10/15 | €57,285 | €55,201 | -€2,085 | -3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €537 | €537 | = | 0.0% |
| Non-distributable reserves | 130/1 | €537 | €537 | = | 0.0% |
| Reserves not available under the articles | 1311 | €537 | €537 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,148 | €36,064 | -€2,085 | -5.5% |
| Amounts payable | 17/49 | €236,779 | €80,451 | -€156,329 | -66.0% |
| Amounts payable after more than one year | 17 | €9,586 | €2,396 | -€7,189 | -75.0% |
| Financial debts | 170/4 | €9,586 | €2,396 | -€7,189 | -75.0% |
| Amounts payable within one year | 42/48 | €227,194 | €78,054 | -€149,140 | -65.6% |
| Current portion of amounts payable after more than one year | 42 | €7,189 | €7,189 | = | 0.0% |
| Trade debts | 44 | €211,605 | €64,365 | -€147,240 | -69.6% |
| Suppliers | 440/4 | €211,605 | €64,365 | -€147,240 | -69.6% |
| Taxes, remuneration and social security | 45 | €8,399 | €6,500 | -€1,899 | -22.6% |
| Taxes | 450/3 | €1,225 | €6,500 | +€5,275 | +431% |
| Remuneration and social security | 454/9 | €7,175 | - | -€7,175 | |
| Turnover | 70 | €1,081,311 | €1,203,196 | +€121,885 | +11.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,019,289 | €2,904,474,152 | +€2.90bn | +284,851% |
| Remuneration, social security and pensions | 62 | €16,001 | €9,588 | -€6,414 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,353 | €11,971 | +€618 | +5.4% |
| Other operating charges | 640/8 | €6,956 | €7,579 | +€624 | +9.0% |
| Gross operating margin | 9900 | €62,022 | €29,044 | -€32,978 | -53.2% |
| Operating profit (loss) | 9901 | €27,712 | -€93 | -€27,806 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,413 | €1,991 | +€578 | +40.9% |
| Recurring financial charges | 65 | €1,413 | €660 | -€753 | -53.3% |
| Non-recurring financial charges | 66B | - | €1,331 | +€1,331 | |
| Profit (loss) for the period before taxes | 9903 | €26,302 | -€2,085 | -€28,387 | |
| Income taxes | 67/77 | -€803 | - | +€803 | |
| Profit (loss) for the period | 9904 | €27,105 | -€2,085 | -€29,190 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,105 | -€2,085 | -€29,190 |
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 24 October 2026 via checked.be.