KUMO Projects: 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.
KUMO Projects
Largest movements
- Receivables within one year +€5,931
up €5,931 (+1,679%), from €353 to €6,284
of which Trade receivables: +€5,170
- Cash +€1,205
up €1,205 (+256%), from €471 to €1,676
mainly Trade debts (+€15,839) and Tax, wage and social debts (+€12,686)
- Profit (loss) carried forward -€28,068
down €28,068 (-142%), from -€19,811 to -€47,880
- Trade debts +€15,839
up €15,839 (+149%), from €10,635 to €26,474
- Tax, wage and social debts +€12,686
new in 2025: €12,686
of which Remuneration and social security: +€11,855
- Advances received +€5,480
new in 2025: €5,480
- Other debts +€1,200
new in 2025: €1,200
- Staff costs +€27,275
new in 2025: €27,275
- Gross operating margin +€4,295
up €4,295 (+88.7%), from -€4,842 to -€547
- Financial charges +€246
new in 2025: €246
- Other operating charges -€118
no longer reported in 2025 (was €118)
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 | €824 | €7,960 | +€7,136 | +866% |
| Current assets | 29/58 | €824 | €7,960 | +€7,136 | +866% |
| Amounts receivable within one year | 40/41 | €353 | €6,284 | +€5,931 | +1,679% |
| Trade receivables | 40 | - | €5,170 | +€5,170 | |
| Other amounts receivable | 41 | €353 | €1,114 | +€761 | +215% |
| Cash at bank and in hand | 54/58 | €471 | €1,676 | +€1,205 | +256% |
| Total equity and liabilities | 10/49 | €824 | €7,960 | +€7,136 | +866% |
| Equity | 10/15 | -€9,811 | -€37,880 | -€28,068 | -286% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,811 | -€47,880 | -€28,068 | -142% |
| Amounts payable | 17/49 | €10,635 | €45,840 | +€35,204 | +331% |
| Amounts payable within one year | 42/48 | €10,635 | €45,840 | +€35,204 | +331% |
| Trade debts | 44 | €10,635 | €26,474 | +€15,839 | +149% |
| Suppliers | 440/4 | €10,635 | €26,474 | +€15,839 | +149% |
| Advances received on contracts in progress | 46 | - | €5,480 | +€5,480 | |
| Taxes, remuneration and social security | 45 | - | €12,686 | +€12,686 | |
| Taxes | 450/3 | - | €830 | +€830 | |
| Remuneration and social security | 454/9 | - | €11,855 | +€11,855 | |
| Other amounts payable | 47/48 | - | €1,200 | +€1,200 | |
| Remuneration, social security and pensions | 62 | - | €27,275 | +€27,275 | |
| Other operating charges | 640/8 | €118 | - | -€118 | |
| Gross operating margin | 9900 | -€4,842 | -€547 | +€4,295 | +88.7% |
| Operating profit (loss) | 9901 | -€4,960 | -€27,822 | -€22,862 | -461% |
| Financial charges | 65/66B | - | €246 | +€246 | |
| Recurring financial charges | 65 | - | €246 | +€246 | |
| Profit (loss) for the period before taxes | 9903 | -€4,960 | -€28,068 | -€23,108 | -466% |
| Profit (loss) for the period | 9904 | -€4,960 | -€28,068 | -€23,108 | -466% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,960 | -€28,068 | -€23,108 | -466% |
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 20 October 2026 via checked.be.