K&A UNITED: 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.
K&A UNITED
Largest movements
- Tangible fixed assets -€14,263
down €14,263 (-1.8%), from €784,202 to €769,940
of which Plant, machinery and equipment: -€12,206
- Contributions +€300,000
up €300,000 (+1,613%), from €18,600 to €318,600
- Debts after one year -€241,718
down €241,718 (-57.8%), from €418,000 to €176,282
- Profit (loss) carried forward -€57,465
down €57,465 (-34.8%), from -€165,024 to -€222,489
- Current portion of long-term debt -€42,666
down €42,666 (-97.0%), from €44,000 to €1,334
- Other debts +€21,279
up €21,279 (+4.4%), from €485,362 to €506,641
- Gross operating margin -€19,062
down €19,062 (-31.4%), from €60,620 to €41,557
- Depreciation +€1,929
up €1,929 (+2.3%), from €83,900 to €85,829
- Other operating charges +€1,353
up €1,353 (+18.6%), from €7,253 to €8,606
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 | €813,429 | €794,927 | -€18,502 | -2.3% |
| Fixed assets | 21/28 | €784,202 | €769,940 | -€14,263 | -1.8% |
| Tangible fixed assets | 22/27 | €784,202 | €769,940 | -€14,263 | -1.8% |
| Land and buildings | 22 | €727,481 | €730,296 | +€2,815 | +0.4% |
| Plant, machinery and equipment | 23 | €50,275 | €38,068 | -€12,206 | -24.3% |
| Furniture and vehicles | 24 | €6,447 | €1,576 | -€4,871 | -75.6% |
| Current assets | 29/58 | €29,227 | €24,988 | -€4,239 | -14.5% |
| Stocks and contracts in progress | 3 | €13,000 | €7,500 | -€5,500 | -42.3% |
| Stocks | 30/36 | €13,000 | €7,500 | -€5,500 | -42.3% |
| Amounts receivable within one year | 40/41 | €3,663 | €3,732 | +€69 | +1.9% |
| Trade receivables | 40 | €3,241 | €3,287 | +€46 | +1.4% |
| Other amounts receivable | 41 | €422 | €445 | +€24 | +5.6% |
| Cash at bank and in hand | 54/58 | €9,888 | €10,906 | +€1,018 | +10.3% |
| Deferred charges and accrued income | 490/1 | €2,676 | €2,849 | +€173 | +6.5% |
| Total equity and liabilities | 10/49 | €813,429 | €794,927 | -€18,502 | -2.3% |
| Equity | 10/15 | -€146,424 | €96,111 | +€242,535 | |
| Contributions | 10/11 | €18,600 | €318,600 | +€300,000 | +1,613% |
| Profit (loss) carried forward | 14 | -€165,024 | -€222,489 | -€57,465 | -34.8% |
| Amounts payable | 17/49 | €959,853 | €698,816 | -€261,037 | -27.2% |
| Amounts payable after more than one year | 17 | €418,000 | €176,282 | -€241,718 | -57.8% |
| Financial debts | 170/4 | €418,000 | €176,282 | -€241,718 | -57.8% |
| Amounts payable within one year | 42/48 | €541,853 | €522,534 | -€19,319 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €44,000 | €1,334 | -€42,666 | -97.0% |
| Trade debts | 44 | €5,639 | €11,829 | +€6,190 | +110% |
| Suppliers | 440/4 | €5,639 | €11,829 | +€6,190 | +110% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,851 | €2,731 | -€4,121 | -60.1% |
| Taxes | 450/3 | €6,851 | €2,731 | -€4,121 | -60.1% |
| Other amounts payable | 47/48 | €485,362 | €506,641 | +€21,279 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,900 | €85,829 | +€1,929 | +2.3% |
| Other operating charges | 640/8 | €7,253 | €8,606 | +€1,353 | +18.6% |
| Gross operating margin | 9900 | €60,620 | €41,557 | -€19,062 | -31.4% |
| Operating profit (loss) | 9901 | -€30,533 | -€52,877 | -€22,344 | -73.2% |
| Financial income | 75/76B | €11 | €9 | -€2 | -18.1% |
| Recurring financial income | 75 | €11 | €9 | -€2 | -18.1% |
| Financial charges | 65/66B | €4,750 | €4,597 | -€153 | -3.2% |
| Recurring financial charges | 65 | €4,750 | €4,597 | -€153 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,272 | -€57,465 | -€22,193 | -62.9% |
| Profit (loss) for the period | 9904 | -€35,272 | -€57,465 | -€22,193 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,272 | -€57,465 | -€22,193 | -62.9% |
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.