Kums Marco: 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.
Kums Marco
Largest movements
- Tangible fixed assets -€5,849
down €5,849 (-32.3%), from €18,124 to €12,275
of which Furniture and vehicles: -€5,116
- Cash +€5,187
up €5,187 (+10.9%), from €47,695 to €52,882
mainly Depreciation (+€5,849) and Trade debts (+€4,724)
- Receivables within one year +€867
up €867 (+29.6%), from €2,926 to €3,793
- Debts after one year -€6,583
no longer reported in 2025 (was €6,583)
- Trade debts +€4,724
up €4,724 (+76.7%), from €6,157 to €10,881
- Tax, wage and social debts +€1,349
up €1,349 (+67.7%), from €1,991 to €3,340
- Profit (loss) carried forward +€803
up €803 (+16.2%), from -€4,949 to -€4,146
- Gross operating margin -€2,999
down €2,999 (-22.6%), from €13,259 to €10,260
- Financial charges -€651
down €651 (-17.6%), from €3,696 to €3,044
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 | €72,743 | €73,262 | +€520 | +0.7% |
| Fixed assets | 21/28 | €18,124 | €12,275 | -€5,849 | -32.3% |
| Tangible fixed assets | 22/27 | €18,124 | €12,275 | -€5,849 | -32.3% |
| Plant, machinery and equipment | 23 | €2,930 | €2,198 | -€733 | -25.0% |
| Furniture and vehicles | 24 | €15,194 | €10,078 | -€5,116 | -33.7% |
| Current assets | 29/58 | €54,619 | €60,987 | +€6,368 | +11.7% |
| Amounts receivable within one year | 40/41 | €2,926 | €3,793 | +€867 | +29.6% |
| Other amounts receivable | 41 | €2,926 | €3,793 | +€867 | +29.6% |
| Cash at bank and in hand | 54/58 | €47,695 | €52,882 | +€5,187 | +10.9% |
| Deferred charges and accrued income | 490/1 | €3,998 | €4,313 | +€314 | +7.9% |
| Total equity and liabilities | 10/49 | €72,743 | €73,262 | +€520 | +0.7% |
| Equity | 10/15 | €51,656 | €52,459 | +€803 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,005 | €38,005 | = | 0.0% |
| Distributable reserves | 133 | €38,005 | €38,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,949 | -€4,146 | +€803 | +16.2% |
| Amounts payable | 17/49 | €21,086 | €20,803 | -€283 | -1.3% |
| Amounts payable after more than one year | 17 | €6,583 | - | -€6,583 | |
| Financial debts | 170/4 | €6,583 | - | -€6,583 | |
| Amounts payable within one year | 42/48 | €14,504 | €20,803 | +€6,300 | +43.4% |
| Current portion of amounts payable after more than one year | 42 | €6,356 | €6,583 | +€227 | +3.6% |
| Trade debts | 44 | €6,157 | €10,881 | +€4,724 | +76.7% |
| Suppliers | 440/4 | €6,157 | €10,881 | +€4,724 | +76.7% |
| Taxes, remuneration and social security | 45 | €1,991 | €3,340 | +€1,349 | +67.7% |
| Taxes | 450/3 | €1,991 | €3,340 | +€1,349 | +67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,849 | €5,849 | = | 0.0% |
| Other operating charges | 640/8 | €652 | €602 | -€50 | -7.7% |
| Gross operating margin | 9900 | €13,259 | €10,260 | -€2,999 | -22.6% |
| Operating profit (loss) | 9901 | €6,758 | €3,809 | -€2,949 | -43.6% |
| Financial income | 75/76B | €173 | €182 | +€9 | +5.4% |
| Recurring financial income | 75 | €173 | €182 | +€9 | +5.4% |
| Financial charges | 65/66B | €3,696 | €3,044 | -€651 | -17.6% |
| Recurring financial charges | 65 | €3,696 | €3,044 | -€651 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €3,235 | €947 | -€2,288 | -70.7% |
| Income taxes | 67/77 | €155 | €144 | -€11 | -7.0% |
| Profit (loss) for the period | 9904 | €3,080 | €803 | -€2,277 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,080 | €803 | -€2,277 | -73.9% |
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 23 October 2026 via checked.be.