K&H SOLUTIONS: 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 SOLUTIONS
Largest movements
- Receivables within one year +€46,191
up €46,191 (+45.0%), from €102,569 to €148,761
of which Trade receivables: +€35,390
- Cash +€9,294
up €9,294 (+187%), from €4,960 to €14,254
mainly Net result for the year (+€50,133) and Trade debts (+€40,304)
- Tangible fixed assets -€2,900
down €2,900 (-55.8%), from €5,200 to €2,300
- Trade debts +€40,304
up €40,304 (+567%), from €7,106 to €47,410
- Advances received -€39,221
down €39,221 (-65.6%), from €59,796 to €20,574
- Profit (loss) carried forward +€35,133
up €35,133 (+550%), from €6,388 to €41,522
- Tax, wage and social debts +€12,369
up €12,369 (+46.6%), from €26,537 to €38,906
of which Taxes: +€15,713
- Other debts +€4,000
up €4,000 (+36.4%), from €11,000 to €15,000
- Gross operating margin +€90,256
up €90,256 (+65.5%), from €137,725 to €227,982
- Staff costs +€22,694
up €22,694 (+16.6%), from €136,713 to €159,407
- Taxes +€13,711
new in 2024: €13,711
- Other operating charges +€2,573
up €2,573 (+444%), from €580 to €3,153
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,827 | €165,412 | +€52,585 | +46.6% |
| Fixed assets | 21/28 | €5,298 | €2,398 | -€2,900 | -54.7% |
| Tangible fixed assets | 22/27 | €5,200 | €2,300 | -€2,900 | -55.8% |
| Furniture and vehicles | 24 | €5,200 | €2,300 | -€2,900 | -55.8% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €107,529 | €163,014 | +€55,485 | +51.6% |
| Amounts receivable within one year | 40/41 | €102,569 | €148,761 | +€46,191 | +45.0% |
| Trade receivables | 40 | €91,969 | €127,358 | +€35,390 | +38.5% |
| Other amounts receivable | 41 | €10,601 | €21,402 | +€10,802 | +102% |
| Cash at bank and in hand | 54/58 | €4,960 | €14,254 | +€9,294 | +187% |
| Total equity and liabilities | 10/49 | €112,827 | €165,412 | +€52,585 | +46.6% |
| Equity | 10/15 | €8,388 | €43,522 | +€35,133 | +419% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,388 | €41,522 | +€35,133 | +550% |
| Amounts payable | 17/49 | €104,439 | €121,890 | +€17,451 | +16.7% |
| Amounts payable within one year | 42/48 | €104,439 | €121,890 | +€17,451 | +16.7% |
| Trade debts | 44 | €7,106 | €47,410 | +€40,304 | +567% |
| Suppliers | 440/4 | €7,106 | €47,410 | +€40,304 | +567% |
| Advances received on contracts in progress | 46 | €59,796 | €20,574 | -€39,221 | -65.6% |
| Taxes, remuneration and social security | 45 | €26,537 | €38,906 | +€12,369 | +46.6% |
| Taxes | 450/3 | €5,136 | €20,849 | +€15,713 | +306% |
| Remuneration and social security | 454/9 | €21,402 | €18,057 | -€3,344 | -15.6% |
| Other amounts payable | 47/48 | €11,000 | €15,000 | +€4,000 | +36.4% |
| Non-recurring operating income | 76A | €1,823 | - | -€1,823 | |
| Remuneration, social security and pensions | 62 | €136,713 | €159,407 | +€22,694 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,900 | €2,900 | = | 0.0% |
| Other operating charges | 640/8 | €580 | €3,153 | +€2,573 | +444% |
| Gross operating margin | 9900 | €137,725 | €227,982 | +€90,256 | +65.5% |
| Operating profit (loss) | 9901 | -€2,467 | €62,522 | +€64,989 | |
| Financial income | 75/76B | €1,125 | €1,386 | +€261 | +23.2% |
| Recurring financial income | 75 | €1,125 | €1,386 | +€261 | +23.2% |
| Financial charges | 65/66B | €27 | €63 | +€36 | +133% |
| Recurring financial charges | 65 | €27 | €63 | +€36 | +133% |
| Profit (loss) for the period before taxes | 9903 | -€1,370 | €63,845 | +€65,214 | |
| Income taxes | 67/77 | - | €13,711 | +€13,711 | |
| Profit (loss) for the period | 9904 | -€1,370 | €50,133 | +€51,503 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,370 | €50,133 | +€51,503 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.