K&G Services: 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&G Services
Largest movements
- Receivables within one year +€33,516
up €33,516 (+29.3%), from €114,535 to €148,051
of which Trade receivables: +€27,933
- Cash +€14,719
up €14,719 (+978.3%), from €1,505 to €16,223
mainly Trade debts (+€45,401) and Net result for the year (+€31,455)
- Trade debts +€45,401
up €45,401 (+321.2%), from €14,137 to €59,538
- Profit (loss) carried forward +€31,455
up €31,455 (+174.3%), from €18,050 to €49,504
- Tax, wage and social debts -€29,669
down €29,669 (-37.4%), from €79,298 to €49,629
of which Remuneration and social security: -€27,152
- Other debts +€1,743
up €1,743 (+34.6%), from €5,037 to €6,780
- Staff costs +€43,728
up €43,728 (+16.1%), from €271,740 to €315,468
- Gross operating margin +€39,009
up €39,009 (+11.9%), from €327,015 to €366,023
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 | €121,521 | €170,450 | +€48,930 | +40.3% |
| Fixed assets | 21/28 | €4,395 | €5,374 | +€979 | +22.3% |
| Tangible fixed assets | 22/27 | €3,395 | €4,374 | +€979 | +28.8% |
| Plant, machinery and equipment | 23 | €1,850 | €3,196 | +€1,346 | +72.7% |
| Furniture and vehicles | 24 | €1,545 | €1,178 | -€367 | -23.7% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €117,126 | €165,077 | +€47,951 | +40.9% |
| Amounts receivable within one year | 40/41 | €114,535 | €148,051 | +€33,516 | +29.3% |
| Trade receivables | 40 | €110,448 | €138,380 | +€27,933 | +25.3% |
| Other amounts receivable | 41 | €4,088 | €9,670 | +€5,583 | +136.6% |
| Cash at bank and in hand | 54/58 | €1,505 | €16,223 | +€14,719 | +978.3% |
| Deferred charges and accrued income | 490/1 | €1,086 | €802 | -€283 | -26.1% |
| Total equity and liabilities | 10/49 | €121,521 | €170,450 | +€48,930 | +40.3% |
| Equity | 10/15 | €23,050 | €54,504 | +€31,455 | +136.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,050 | €49,504 | +€31,455 | +174.3% |
| Amounts payable | 17/49 | €98,471 | €115,946 | +€17,475 | +17.7% |
| Amounts payable within one year | 42/48 | €98,471 | €115,946 | +€17,475 | +17.7% |
| Trade debts | 44 | €14,137 | €59,538 | +€45,401 | +321.2% |
| Suppliers | 440/4 | €14,137 | €59,538 | +€45,401 | +321.2% |
| Taxes, remuneration and social security | 45 | €79,298 | €49,629 | -€29,669 | -37.4% |
| Taxes | 450/3 | €17,164 | €14,648 | -€2,517 | -14.7% |
| Remuneration and social security | 454/9 | €62,133 | €34,981 | -€27,152 | -43.7% |
| Other amounts payable | 47/48 | €5,037 | €6,780 | +€1,743 | +34.6% |
| Remuneration, social security and pensions | 62 | €271,740 | €315,468 | +€43,728 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €853 | €1,577 | +€723 | +84.7% |
| Other operating charges | 640/8 | €1,364 | €120 | -€1,244 | -91.2% |
| Gross operating margin | 9900 | €327,015 | €366,023 | +€39,009 | +11.9% |
| Operating profit (loss) | 9901 | €53,057 | €48,859 | -€4,198 | -7.9% |
| Financial income | 75/76B | €533 | €116 | -€417 | -78.3% |
| Recurring financial income | 75 | €533 | €116 | -€417 | -78.3% |
| Financial charges | 65/66B | €3,169 | €2,872 | -€297 | -9.4% |
| Recurring financial charges | 65 | €3,169 | €2,872 | -€297 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €50,420 | €46,103 | -€4,318 | -8.6% |
| Income taxes | 67/77 | €14,668 | €14,648 | -€21 | -0.1% |
| Profit (loss) for the period | 9904 | €35,752 | €31,455 | -€4,297 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,752 | €31,455 | -€4,297 | -12.0% |
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 11 October 2026 via checked.be.