K & K AGENCIES: what changed
K & K AGENCIES
Largest movements
- Cash +€58,173
up €58,173 (+126%), from €46,202 to €104,375
mainly Trade debts (+€105,281) and Net result for the year (+€37,965)
- Receivables within one year +€35,436
up €35,436 (+30.7%), from €115,316 to €150,753
of which Trade receivables: +€50,630
- Stocks and contracts +€29,387
up €29,387 (+38.3%), from €76,828 to €106,215
- Tangible fixed assets +€18,608
up €18,608 (+96.8%), from €19,219 to €37,827
of which Furniture and vehicles: +€16,390
- Deferred charges and accrued income -€8,408
down €8,408 (-74.3%), from €11,313 to €2,904
- Trade debts +€105,281
up €105,281 (+230%), from €45,864 to €151,145
- Reserves +€37,965
up €37,965 (+21.8%), from €173,790 to €211,755
of which Distributable reserves: +€37,965
- Other debts -€19,868
down €19,868 (-100%), from €19,868 to €0
- Debts after one year +€7,764
new in 2024: €7,764
- Current portion of long-term debt +€4,881
new in 2024: €4,881
- Staff costs +€16,413
new in 2024: €16,413
- Depreciation +€3,464
up €3,464 (+76.1%), from €4,550 to €8,014
- Financial income -€3,086
down €3,086 (-58.5%), from €5,275 to €2,189
- Taxes +€2,543
up €2,543 (+24.6%), from €10,332 to €12,875
- Gross operating margin -€1,399
down €1,399 (-1.7%), from €83,177 to €81,778
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €268,882 | €402,079 | +€133,196 | +49.5% |
| Fixed assets | 21/28 | €19,224 | €37,832 | +€18,608 | +96.8% |
| Tangible fixed assets | 22/27 | €19,219 | €37,827 | +€18,608 | +96.8% |
| Land and buildings | 22 | €18,188 | €20,987 | +€2,799 | +15.4% |
| Plant, machinery and equipment | 23 | €1,031 | €450 | -€580 | -56.3% |
| Furniture and vehicles | 24 | - | €16,390 | +€16,390 | |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €249,659 | €364,247 | +€114,588 | +45.9% |
| Stocks and contracts in progress | 3 | €76,828 | €106,215 | +€29,387 | +38.3% |
| Stocks | 30/36 | €76,828 | €106,215 | +€29,387 | +38.3% |
| Amounts receivable within one year | 40/41 | €115,316 | €150,753 | +€35,436 | +30.7% |
| Trade receivables | 40 | €86,181 | €136,811 | +€50,630 | +58.7% |
| Other amounts receivable | 41 | €29,135 | €13,942 | -€15,193 | -52.1% |
| Cash at bank and in hand | 54/58 | €46,202 | €104,375 | +€58,173 | +126% |
| Deferred charges and accrued income | 490/1 | €11,313 | €2,904 | -€8,408 | -74.3% |
| Total equity and liabilities | 10/49 | €268,882 | €402,079 | +€133,196 | +49.5% |
| Equity | 10/15 | €186,190 | €224,155 | +€37,965 | +20.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €173,790 | €211,755 | +€37,965 | +21.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €173,790 | €211,755 | +€37,965 | +21.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €82,692 | €177,923 | +€95,231 | +115% |
| Amounts payable after more than one year | 17 | - | €7,764 | +€7,764 | |
| Financial debts | 170/4 | - | €7,764 | +€7,764 | |
| Amounts payable within one year | 42/48 | €80,739 | €168,014 | +€87,274 | +108% |
| Current portion of amounts payable after more than one year | 42 | - | €4,881 | +€4,881 | |
| Trade debts | 44 | €45,864 | €151,145 | +€105,281 | +230% |
| Suppliers | 440/4 | €45,864 | €151,145 | +€105,281 | +230% |
| Advances received on contracts in progress | 46 | €1,098 | €0 | -€1,098 | -100% |
| Taxes, remuneration and social security | 45 | €13,909 | €11,988 | -€1,921 | -13.8% |
| Taxes | 450/3 | €13,909 | €11,988 | -€1,921 | -13.8% |
| Other amounts payable | 47/48 | €19,868 | €0 | -€19,868 | -100% |
| Accrued charges and deferred income | 492/3 | €1,953 | €2,145 | +€193 | +9.9% |
| Non-recurring operating income | 76A | - | €1,300 | +€1,300 | |
| Remuneration, social security and pensions | 62 | - | €16,413 | +€16,413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,550 | €8,014 | +€3,464 | +76.1% |
| Other operating charges | 640/8 | €4,022 | €4,121 | +€99 | +2.5% |
| Gross operating margin | 9900 | €83,177 | €81,778 | -€1,399 | -1.7% |
| Operating profit (loss) | 9901 | €74,605 | €53,230 | -€21,375 | -28.7% |
| Financial income | 75/76B | €5,275 | €2,189 | -€3,086 | -58.5% |
| Recurring financial income | 75 | €5,275 | €2,189 | -€3,086 | -58.5% |
| Financial charges | 65/66B | €3,364 | €4,579 | +€1,215 | +36.1% |
| Recurring financial charges | 65 | €3,364 | €4,579 | +€1,215 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €76,517 | €50,840 | -€25,677 | -33.6% |
| Income taxes | 67/77 | €10,332 | €12,875 | +€2,543 | +24.6% |
| Profit (loss) for the period | 9904 | €66,185 | €37,965 | -€28,220 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,185 | €37,965 | -€28,220 | -42.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.