DE KUC: what changed
Two fiscal 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.
DE KUC
Largest movements
- Tangible fixed assets +€22,906
new in 2025: €22,906
- Cash -€2,551
down €2,551 (-82.8%), from €3,082 to €531
mainly Investment in fixed assets (net) (-€28,150) and Trade debts (-€2,094)
- Receivables within one year +€552
up €552 (+5.4%), from €10,146 to €10,699
of which Trade receivables: +€3,000
- Stocks and contracts +€501
up €501 (+33.4%), from €1,499 to €2,000
- Debts after one year +€15,540
new in 2025: €15,540
- Current portion of long-term debt +€6,038
new in 2025: €6,038
- Trade debts -€2,094
down €2,094 (-45.5%), from €4,604 to €2,510
- Other debts +€1,473
new in 2025: €1,473
- Tax, wage and social debts +€412
up €412 (+30.9%), from €1,334 to €1,745
- Depreciation +€5,244
new in 2025: €5,244
- Gross operating margin +€4,046
up €4,046 (+82.8%), from €4,890 to €8,936
- Financial charges +€276
up €276 (+28.6%), from €967 to €1,243
- Other operating charges -€156
down €156 (-10.5%), from €1,480 to €1,324
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.
Cash bridge derived
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 | €16,283 | €37,924 | +€21,641 | +132.9% |
| Fixed assets | 21/28 | - | €22,906 | +€22,906 | |
| Tangible fixed assets | 22/27 | - | €22,906 | +€22,906 | |
| Furniture and vehicles | 24 | - | €22,906 | +€22,906 | |
| Current assets | 29/58 | €16,283 | €15,018 | -€1,265 | -7.8% |
| Stocks and contracts in progress | 3 | €1,499 | €2,000 | +€501 | +33.4% |
| Stocks | 30/36 | €1,499 | €2,000 | +€501 | +33.4% |
| Amounts receivable within one year | 40/41 | €10,146 | €10,699 | +€552 | +5.4% |
| Trade receivables | 40 | €3,800 | €6,800 | +€3,000 | +78.9% |
| Other amounts receivable | 41 | €6,346 | €3,899 | -€2,448 | -38.6% |
| Cash at bank and in hand | 54/58 | €3,082 | €531 | -€2,551 | -82.8% |
| Deferred charges and accrued income | 490/1 | €1,556 | €1,789 | +€233 | +15.0% |
| Total equity and liabilities | 10/49 | €16,283 | €37,924 | +€21,641 | +132.9% |
| Equity | 10/15 | €10,219 | €10,491 | +€272 | +2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,019 | €4,291 | +€272 | +6.8% |
| Non-distributable reserves | 130/1 | €527 | €527 | = | 0.0% |
| Reserves not available under the articles | 1311 | €527 | €527 | = | 0.0% |
| Distributable reserves | 133 | €3,492 | €3,764 | +€272 | +7.8% |
| Amounts payable | 17/49 | €6,064 | €27,434 | +€21,369 | +352.4% |
| Amounts payable after more than one year | 17 | - | €15,540 | +€15,540 | |
| Financial debts | 170/4 | - | €15,540 | +€15,540 | |
| Amounts payable within one year | 42/48 | €5,938 | €11,766 | +€5,828 | +98.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,038 | +€6,038 | |
| Trade debts | 44 | €4,604 | €2,510 | -€2,094 | -45.5% |
| Suppliers | 440/4 | €4,604 | €2,510 | -€2,094 | -45.5% |
| Taxes, remuneration and social security | 45 | €1,334 | €1,745 | +€412 | +30.9% |
| Taxes | 450/3 | €1,334 | €1,745 | +€412 | +30.9% |
| Other amounts payable | 47/48 | - | €1,473 | +€1,473 | |
| Accrued charges and deferred income | 492/3 | €126 | €128 | +€1 | +1.0% |
| Non-recurring operating income | 76A | - | €331 | +€331 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,244 | +€5,244 | |
| Other operating charges | 640/8 | €1,480 | €1,324 | -€156 | -10.5% |
| Gross operating margin | 9900 | €4,890 | €8,936 | +€4,046 | +82.8% |
| Operating profit (loss) | 9901 | €3,410 | €2,368 | -€1,042 | -30.6% |
| Financial charges | 65/66B | €967 | €1,243 | +€276 | +28.6% |
| Recurring financial charges | 65 | €967 | €1,243 | +€276 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €2,443 | €1,124 | -€1,318 | -54.0% |
| Income taxes | 67/77 | €892 | €853 | -€39 | -4.4% |
| Profit (loss) for the period | 9904 | €1,550 | €272 | -€1,279 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,550 | €272 | -€1,279 | -82.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.