K HOLDING: 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 HOLDING
Largest movements
- Financial fixed assets +€1.6m
up €1.6m (+39.2%), from €4.0m to €5.6m
- Debts after one year +€1.4m
up €1.4m (+154%), from €881,636 to €2.2m
of which Financial debts: +€1.2m
- Current portion of long-term debt +€87,213
up €87,213 (+107%), from €81,818 to €169,031
- Reserves +€77,632
up €77,632 (+42.1%), from €184,442 to €262,073
- Gross operating margin +€3,497
up €3,497 (+3.2%), from €109,999 to €113,495
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 | €4,008,126 | €5,587,833 | +€1.6m | +39.4% |
| Fixed assets | 21/28 | €4,000,513 | €5,568,532 | +€1.6m | +39.2% |
| Financial fixed assets | 28 | €4,000,513 | €5,568,532 | +€1.6m | +39.2% |
| Current assets | 29/58 | €7,612 | €19,301 | +€11,689 | +154% |
| Amounts receivable within one year | 40/41 | €6,572 | €12,354 | +€5,781 | +88.0% |
| Trade receivables | 40 | €6,000 | €12,000 | +€6,000 | +100% |
| Other amounts receivable | 41 | €572 | €354 | -€219 | -38.2% |
| Cash at bank and in hand | 54/58 | €540 | €6,447 | +€5,907 | +1,093% |
| Deferred charges and accrued income | 490/1 | €500 | €500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,008,126 | €5,587,833 | +€1.6m | +39.4% |
| Equity | 10/15 | €2,896,942 | €2,974,573 | +€77,632 | +2.7% |
| Contributions | 10/11 | €2,712,500 | €2,712,500 | = | 0.0% |
| Reserves | 13 | €184,442 | €262,073 | +€77,632 | +42.1% |
| Distributable reserves | 133 | €184,442 | €262,073 | +€77,632 | +42.1% |
| Amounts payable | 17/49 | €1,111,184 | €2,613,259 | +€1.5m | +135% |
| Amounts payable after more than one year | 17 | €881,636 | €2,243,571 | +€1.4m | +154% |
| Financial debts | 170/4 | €613,636 | €1,819,605 | +€1.2m | +197% |
| Other amounts payable | 178/9 | €268,000 | €423,966 | +€155,966 | +58.2% |
| Amounts payable within one year | 42/48 | €212,768 | €353,689 | +€140,921 | +66.2% |
| Current portion of amounts payable after more than one year | 42 | €81,818 | €169,031 | +€87,213 | +107% |
| Financial debts | 43 | €10,511 | €10,477 | -€34 | -0.3% |
| Credit institutions | 430/8 | €10,511 | €10,477 | -€34 | -0.3% |
| Trade debts | 44 | €2,532 | €2,254 | -€277 | -11.0% |
| Suppliers | 440/4 | €2,532 | €2,254 | -€277 | -11.0% |
| Taxes, remuneration and social security | 45 | €4,850 | €5,701 | +€851 | +17.5% |
| Taxes | 450/3 | €1,863 | €2,722 | +€859 | +46.1% |
| Remuneration and social security | 454/9 | €2,987 | €2,979 | -€8 | -0.3% |
| Other amounts payable | 47/48 | €113,057 | €166,225 | +€53,168 | +47.0% |
| Accrued charges and deferred income | 492/3 | €16,781 | €16,000 | -€781 | -4.7% |
| Other operating charges | 640/8 | €384 | €543 | +€158 | +41.1% |
| Gross operating margin | 9900 | €109,999 | €113,495 | +€3,497 | +3.2% |
| Operating profit (loss) | 9901 | €109,614 | €112,953 | +€3,338 | +3.0% |
| Financial charges | 65/66B | €10,556 | €9,443 | -€1,113 | -10.5% |
| Recurring financial charges | 65 | €10,556 | €9,443 | -€1,113 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €99,058 | €103,509 | +€4,451 | +4.5% |
| Income taxes | 67/77 | €24,768 | €25,877 | +€1,109 | +4.5% |
| Profit (loss) for the period | 9904 | €74,290 | €77,632 | +€3,342 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,290 | €77,632 | +€3,342 | +4.5% |
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 14 October 2026 via checked.be.