K.I. STYLING: 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.I. STYLING
Largest movements
- Current investments -€149,865
no longer reported in 2025 (was €149,865)
- Receivables after one year +€131,624
up €131,624 (+1,287%), from €10,230 to €141,854
- Cash -€82,520
down €82,520 (-67.1%), from €123,006 to €40,486
mainly Receivables after one year (-€131,624) and Contributions, distributions and other (-€119,615)
- Deferred charges and accrued income +€55,982
up €55,982 (+3,402%), from €1,645 to €57,627
- Tangible fixed assets -€50,095
down €50,095 (-7.9%), from €637,965 to €587,870
of which Furniture and vehicles: -€25,455
- Other debts +€51,207
up €51,207 (+225%), from €22,807 to €74,015
- Trade debts -€50,464
down €50,464 (-29.7%), from €169,883 to €119,419
- Short-term financial debts -€45,998
down €45,998 (-50.1%), from €91,831 to €45,833
- Debts after one year -€36,929
down €36,929 (-26.1%), from €141,406 to €104,477
- Reserves -€12,899
down €12,899 (-2.8%), from €462,373 to €449,474
of which Distributable reserves: -€8,686
- Staff costs -€68,629
down €68,629 (-52.3%), from €131,247 to €62,617
- Gross operating margin -€57,511
down €57,511 (-16.2%), from €354,156 to €296,645
- Financial income +€3,922
up €3,922 (+166%), from €2,366 to €6,288
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 | €992,912 | €886,832 | -€106,080 | -10.7% |
| Fixed assets | 21/28 | €638,218 | €589,213 | -€49,005 | -7.7% |
| Tangible fixed assets | 22/27 | €637,965 | €587,870 | -€50,095 | -7.9% |
| Land and buildings | 22 | €538,580 | €517,265 | -€21,316 | -4.0% |
| Plant, machinery and equipment | 23 | €8,360 | €5,035 | -€3,325 | -39.8% |
| Furniture and vehicles | 24 | €91,025 | €65,570 | -€25,455 | -28.0% |
| Financial fixed assets | 28 | €253 | €1,343 | +€1,090 | +432% |
| Current assets | 29/58 | €354,694 | €297,619 | -€57,075 | -16.1% |
| Amounts receivable after more than one year | 29 | €10,230 | €141,854 | +€131,624 | +1,287% |
| Other amounts receivable | 291 | €10,230 | €141,854 | +€131,624 | +1,287% |
| Amounts receivable within one year | 40/41 | €69,948 | €57,652 | -€12,295 | -17.6% |
| Trade receivables | 40 | €66,040 | €25,862 | -€40,178 | -60.8% |
| Other amounts receivable | 41 | €3,908 | €31,791 | +€27,883 | +714% |
| Current investments | 50/53 | €149,865 | - | -€149,865 | |
| Cash at bank and in hand | 54/58 | €123,006 | €40,486 | -€82,520 | -67.1% |
| Deferred charges and accrued income | 490/1 | €1,645 | €57,627 | +€55,982 | +3,402% |
| Total equity and liabilities | 10/49 | €992,912 | €886,832 | -€106,080 | -10.7% |
| Equity | 10/15 | €480,965 | €468,066 | -€12,899 | -2.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €462,373 | €449,474 | -€12,899 | -2.8% |
| Tax-exempt reserves | 132 | €53,854 | €49,641 | -€4,213 | -7.8% |
| Distributable reserves | 133 | €408,519 | €399,833 | -€8,686 | -2.1% |
| Provisions and deferred taxes | 16 | €22,348 | €20,563 | -€1,785 | -8.0% |
| Deferred taxes | 168 | €22,348 | €20,563 | -€1,785 | -8.0% |
| Amounts payable | 17/49 | €489,599 | €398,202 | -€91,396 | -18.7% |
| Amounts payable after more than one year | 17 | €141,406 | €104,477 | -€36,929 | -26.1% |
| Financial debts | 170/4 | €141,406 | €104,477 | -€36,929 | -26.1% |
| Amounts payable within one year | 42/48 | €345,151 | €292,225 | -€52,926 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €36,376 | €36,929 | +€553 | +1.5% |
| Financial debts | 43 | €91,831 | €45,833 | -€45,998 | -50.1% |
| Credit institutions | 430/8 | €91,831 | €45,833 | -€45,998 | -50.1% |
| Trade debts | 44 | €169,883 | €119,419 | -€50,464 | -29.7% |
| Suppliers | 440/4 | €169,883 | €119,419 | -€50,464 | -29.7% |
| Taxes, remuneration and social security | 45 | €24,254 | €16,029 | -€8,225 | -33.9% |
| Taxes | 450/3 | €6,290 | €15,596 | +€9,306 | +148% |
| Remuneration and social security | 454/9 | €17,964 | €433 | -€17,531 | -97.6% |
| Other amounts payable | 47/48 | €22,807 | €74,015 | +€51,207 | +225% |
| Accrued charges and deferred income | 492/3 | €3,041 | €1,500 | -€1,541 | -50.7% |
| Non-recurring operating income | 76A | - | €2,066 | +€2,066 | |
| Remuneration, social security and pensions | 62 | €131,247 | €62,617 | -€68,629 | -52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,289 | €60,092 | +€803 | +1.4% |
| Other operating charges | 640/8 | €6,044 | €7,100 | +€1,056 | +17.5% |
| Non-recurring operating charges | 66A | €1,600 | €4,306 | +€2,705 | +169% |
| Gross operating margin | 9900 | €354,156 | €296,645 | -€57,511 | -16.2% |
| Operating profit (loss) | 9901 | €155,975 | €162,530 | +€6,555 | +4.2% |
| Financial income | 75/76B | €2,366 | €6,288 | +€3,922 | +166% |
| Recurring financial income | 75 | €2,366 | €6,288 | +€3,922 | +166% |
| Financial charges | 65/66B | €9,871 | €10,076 | +€205 | +2.1% |
| Recurring financial charges | 65 | €9,871 | €10,076 | +€205 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €148,470 | €158,742 | +€10,272 | +6.9% |
| Transfer from deferred taxes | 780 | €1,785 | €1,785 | = | 0.0% |
| Income taxes | 67/77 | €52,572 | €53,811 | +€1,239 | +2.4% |
| Profit (loss) for the period | 9904 | €97,684 | €106,716 | +€9,033 | +9.2% |
| Transfer from tax-exempt reserves | 789 | €4,213 | €4,213 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,896 | €110,929 | +€9,033 | +8.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.