K.H. 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.H. SERVICES
Largest movements
- Receivables within one year -€54,967
down €54,967 (-34.9%), from €157,653 to €102,687
of which Trade receivables: -€56,043
- Stocks and contracts -€5,523
down €5,523 (-63.7%), from €8,674 to €3,151
- Cash +€4,320
up €4,320 (+81.9%), from €5,272 to €9,592
mainly Receivables within one year (+€54,967) and Stocks and contracts (+€5,523)
- Trade debts -€38,752
down €38,752 (-94.4%), from €41,043 to €2,291
- Tax, wage and social debts -€11,027
down €11,027 (-67.4%), from €16,370 to €5,343
of which Remuneration and social security: -€11,163
- Profit (loss) carried forward -€5,746
down €5,746 (-14.9%), from -€38,470 to -€44,216
- Staff costs -€65,755
down €65,755 (-63.4%), from €103,782 to €38,027
- Gross operating margin -€26,541
down €26,541 (-38.0%), from €69,790 to €43,250
- Financial charges +€4,719
up €4,719 (+151%), from €3,129 to €7,848
- Other operating charges +€2,242
up €2,242 (+204%), from €1,100 to €3,342
- Depreciation -€1,102
down €1,102 (-27.1%), from €4,069 to €2,967
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 | €176,634 | €121,108 | -€55,526 | -31.4% |
| Fixed assets | 21/28 | €4,597 | €5,678 | +€1,082 | +23.5% |
| Tangible fixed assets | 22/27 | €4,597 | €5,678 | +€1,082 | +23.5% |
| Plant, machinery and equipment | 23 | - | €1,999 | +€1,999 | |
| Furniture and vehicles | 24 | €4,597 | €3,679 | -€918 | -20.0% |
| Current assets | 29/58 | €172,037 | €115,430 | -€56,607 | -32.9% |
| Stocks and contracts in progress | 3 | €8,674 | €3,151 | -€5,523 | -63.7% |
| Stocks | 30/36 | €8,674 | €3,151 | -€5,523 | -63.7% |
| Amounts receivable within one year | 40/41 | €157,653 | €102,687 | -€54,967 | -34.9% |
| Trade receivables | 40 | €97,551 | €41,509 | -€56,043 | -57.4% |
| Other amounts receivable | 41 | €60,102 | €61,178 | +€1,076 | +1.8% |
| Cash at bank and in hand | 54/58 | €5,272 | €9,592 | +€4,320 | +81.9% |
| Deferred charges and accrued income | 490/1 | €437 | - | -€437 | |
| Total equity and liabilities | 10/49 | €176,634 | €121,108 | -€55,526 | -31.4% |
| Equity | 10/15 | €89,220 | €83,474 | -€5,746 | -6.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €115,290 | €115,290 | = | 0.0% |
| Distributable reserves | 133 | €115,290 | €115,290 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,470 | -€44,216 | -€5,746 | -14.9% |
| Amounts payable | 17/49 | €87,413 | €37,634 | -€49,780 | -56.9% |
| Amounts payable within one year | 42/48 | €87,413 | €37,634 | -€49,780 | -56.9% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €41,043 | €2,291 | -€38,752 | -94.4% |
| Suppliers | 440/4 | €41,043 | €2,291 | -€38,752 | -94.4% |
| Taxes, remuneration and social security | 45 | €16,370 | €5,343 | -€11,027 | -67.4% |
| Taxes | 450/3 | €340 | €475 | +€135 | +39.8% |
| Remuneration and social security | 454/9 | €16,030 | €4,868 | -€11,163 | -69.6% |
| Remuneration, social security and pensions | 62 | €103,782 | €38,027 | -€65,755 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,069 | €2,967 | -€1,102 | -27.1% |
| Other operating charges | 640/8 | €1,100 | €3,342 | +€2,242 | +204% |
| Gross operating margin | 9900 | €69,790 | €43,250 | -€26,541 | -38.0% |
| Operating profit (loss) | 9901 | -€39,161 | -€1,087 | +€38,074 | +97.2% |
| Financial income | 75/76B | €3,948 | €3,320 | -€629 | -15.9% |
| Recurring financial income | 75 | €3,948 | €3,320 | -€629 | -15.9% |
| Financial charges | 65/66B | €3,129 | €7,848 | +€4,719 | +151% |
| Recurring financial charges | 65 | €3,129 | €7,848 | +€4,719 | +151% |
| Profit (loss) for the period before taxes | 9903 | -€38,342 | -€5,615 | +€32,727 | +85.4% |
| Income taxes | 67/77 | €128 | €131 | +€3 | +2.5% |
| Profit (loss) for the period | 9904 | -€38,470 | -€5,746 | +€32,724 | +85.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,470 | -€5,746 | +€32,724 | +85.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.