K&K DESIGN: 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&K DESIGN
Largest movements
- Tangible fixed assets +€54,181
up €54,181 (+12.8%), from €422,193 to €476,374
of which Leasing and similar rights: +€56,582
- Stocks and contracts -€14,499
down €14,499 (-33.6%), from €43,130 to €28,631
of which Contracts in progress: -€20,000
- Receivables within one year +€12,922
up €12,922 (+16.8%), from €76,850 to €89,773
of which Trade receivables: +€10,618
- Reserves +€52,791
up €52,791 (+14.9%), from €354,599 to €407,390
of which Tax-exempt reserves: +€42,100
- Debts after one year +€23,950
up €23,950 (+7.7%), from €312,549 to €336,498
- Trade debts -€21,382
down €21,382 (-85.9%), from €24,883 to €3,501
- Current portion of long-term debt +€14,161
up €14,161 (+77.1%), from €18,359 to €32,520
- Gross operating margin +€25,211
up €25,211 (+18.2%), from €138,530 to €163,741
- Depreciation +€11,808
up €11,808 (+46.3%), from €25,483 to €37,291
- Staff costs -€7,696
down €7,696 (-100%), from €7,696 to €0
- Taxes +€2,408
up €2,408 (+10.2%), from €23,715 to €26,123
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 | €781,330 | €840,388 | +€59,058 | +7.6% |
| Fixed assets | 21/28 | €422,328 | €476,509 | +€54,181 | +12.8% |
| Tangible fixed assets | 22/27 | €422,193 | €476,374 | +€54,181 | +12.8% |
| Land and buildings | 22 | €389,192 | €374,581 | -€14,611 | -3.8% |
| Plant, machinery and equipment | 23 | €22,334 | €38,410 | +€16,077 | +72.0% |
| Furniture and vehicles | 24 | €10,667 | €6,800 | -€3,867 | -36.2% |
| Leasing and similar rights | 25 | - | €56,582 | +€56,582 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €359,002 | €363,880 | +€4,877 | +1.4% |
| Amounts receivable after more than one year | 29 | €71,676 | €64,420 | -€7,256 | -10.1% |
| Other amounts receivable | 291 | €71,676 | €64,420 | -€7,256 | -10.1% |
| Stocks and contracts in progress | 3 | €43,130 | €28,631 | -€14,499 | -33.6% |
| Stocks | 30/36 | €23,130 | €28,631 | +€5,501 | +23.8% |
| Contracts in progress | 37 | €20,000 | €0 | -€20,000 | -100% |
| Amounts receivable within one year | 40/41 | €76,850 | €89,773 | +€12,922 | +16.8% |
| Trade receivables | 40 | €59,631 | €70,249 | +€10,618 | +17.8% |
| Other amounts receivable | 41 | €17,220 | €19,524 | +€2,304 | +13.4% |
| Current investments | 50/53 | - | €5,868 | +€5,868 | |
| Cash at bank and in hand | 54/58 | €141,210 | €146,919 | +€5,709 | +4.0% |
| Deferred charges and accrued income | 490/1 | €26,136 | €28,269 | +€2,133 | +8.2% |
| Total equity and liabilities | 10/49 | €781,330 | €840,388 | +€59,058 | +7.6% |
| Equity | 10/15 | €374,599 | €427,390 | +€52,791 | +14.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €354,599 | €407,390 | +€52,791 | +14.9% |
| Tax-exempt reserves | 132 | €161 | €42,261 | +€42,100 | +26,208% |
| Distributable reserves | 133 | €354,438 | €365,129 | +€10,691 | +3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €406,731 | €412,998 | +€6,267 | +1.5% |
| Amounts payable after more than one year | 17 | €312,549 | €336,498 | +€23,950 | +7.7% |
| Financial debts | 170/4 | €312,549 | €336,498 | +€23,950 | +7.7% |
| Amounts payable within one year | 42/48 | €94,182 | €76,500 | -€17,682 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €18,359 | €32,520 | +€14,161 | +77.1% |
| Financial debts | 43 | €4,226 | €0 | -€4,226 | -100% |
| Credit institutions | 430/8 | €4,226 | €0 | -€4,226 | -100% |
| Trade debts | 44 | €24,883 | €3,501 | -€21,382 | -85.9% |
| Suppliers | 440/4 | €24,883 | €3,501 | -€21,382 | -85.9% |
| Advances received on contracts in progress | 46 | €913 | €0 | -€913 | -100% |
| Taxes, remuneration and social security | 45 | €14,000 | €14,472 | +€472 | +3.4% |
| Taxes | 450/3 | €11,022 | €11,494 | +€472 | +4.3% |
| Remuneration and social security | 454/9 | €2,978 | €2,978 | = | 0.0% |
| Other amounts payable | 47/48 | €31,800 | €26,007 | -€5,794 | -18.2% |
| Remuneration, social security and pensions | 62 | €7,696 | €0 | -€7,696 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,483 | €37,291 | +€11,808 | +46.3% |
| Other operating charges | 640/8 | €3,923 | €3,541 | -€382 | -9.7% |
| Non-recurring operating charges | 66A | €4,625 | €0 | -€4,625 | -100% |
| Gross operating margin | 9900 | €138,530 | €163,741 | +€25,211 | +18.2% |
| Operating profit (loss) | 9901 | €96,803 | €122,909 | +€26,106 | +27.0% |
| Financial income | 75/76B | €6,580 | €4,989 | -€1,591 | -24.2% |
| Recurring financial income | 75 | €6,580 | €4,989 | -€1,591 | -24.2% |
| Financial charges | 65/66B | €17,339 | €16,635 | -€704 | -4.1% |
| Recurring financial charges | 65 | €17,339 | €16,635 | -€704 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €86,044 | €111,263 | +€25,219 | +29.3% |
| Income taxes | 67/77 | €23,715 | €26,123 | +€2,408 | +10.2% |
| Profit (loss) for the period | 9904 | €62,328 | €85,139 | +€22,811 | +36.6% |
| Transfer to tax-exempt reserves | 689 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,328 | €43,039 | -€19,289 | -30.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.