K&K SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€49,304
up €49,304 (+116%), from €42,404 to €91,708
of which Other amounts receivable: +€52,037
- Cash -€2,880
down €2,880 (-27.3%), from €10,534 to €7,654
mainly Receivables within one year (-€49,304) and Tax, wage and social debts (-€4,585)
- Tangible fixed assets -€2,315
down €2,315 (-31.9%), from €7,263 to €4,948
of which Furniture and vehicles: -€1,752
- Reserves +€30,084
up €30,084 (+27.1%), from €110,906 to €140,990
of which Distributable reserves: +€30,084
- Current portion of long-term debt +€13,769
new in 2025: €13,769
- Tax, wage and social debts -€4,585
down €4,585 (-24.9%), from €18,436 to €13,850
- Other debts +€3,353
up €3,353, from €0 to €3,353
- Gross operating margin -€9,807
down €9,807 (-16.6%), from €59,140 to €49,333
- Taxes -€4,291
down €4,291 (-21.3%), from €20,125 to €15,834
- Depreciation +€978
up €978 (+57.5%), from €1,701 to €2,679
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 | €170,702 | €215,394 | +€44,692 | +26.2% |
| Fixed assets | 21/28 | €47,263 | €44,948 | -€2,315 | -4.9% |
| Tangible fixed assets | 22/27 | €7,263 | €4,948 | -€2,315 | -31.9% |
| Plant, machinery and equipment | 23 | €2,647 | €2,084 | -€563 | -21.3% |
| Furniture and vehicles | 24 | €4,616 | €2,864 | -€1,752 | -37.9% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €123,439 | €170,445 | +€47,006 | +38.1% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,404 | €91,708 | +€49,304 | +116% |
| Trade receivables | 40 | €2,902 | €169 | -€2,733 | -94.2% |
| Other amounts receivable | 41 | €39,502 | €91,539 | +€52,037 | +132% |
| Cash at bank and in hand | 54/58 | €10,534 | €7,654 | -€2,880 | -27.3% |
| Deferred charges and accrued income | 490/1 | €501 | €1,083 | +€582 | +116% |
| Total equity and liabilities | 10/49 | €170,702 | €215,394 | +€44,692 | +26.2% |
| Equity | 10/15 | €151,406 | €181,490 | +€30,084 | +19.9% |
| Contributions | 10/11 | €40,500 | €40,500 | = | 0.0% |
| Reserves | 13 | €110,906 | €140,990 | +€30,084 | +27.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,338 | €2,338 | = | 0.0% |
| Distributable reserves | 133 | €108,568 | €138,652 | +€30,084 | +27.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €19,296 | €33,903 | +€14,608 | +75.7% |
| Amounts payable within one year | 42/48 | €19,296 | €33,903 | +€14,608 | +75.7% |
| Current portion of amounts payable after more than one year | 42 | - | €13,769 | +€13,769 | |
| Trade debts | 44 | €860 | €2,931 | +€2,071 | +241% |
| Suppliers | 440/4 | €860 | €2,931 | +€2,071 | +241% |
| Taxes, remuneration and social security | 45 | €18,436 | €13,850 | -€4,585 | -24.9% |
| Taxes | 450/3 | €18,436 | €13,850 | -€4,585 | -24.9% |
| Other amounts payable | 47/48 | €0 | €3,353 | +€3,353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,701 | €2,679 | +€978 | +57.5% |
| Other operating charges | 640/8 | €1,014 | €550 | -€465 | -45.8% |
| Gross operating margin | 9900 | €59,140 | €49,333 | -€9,807 | -16.6% |
| Operating profit (loss) | 9901 | €56,425 | €46,104 | -€10,321 | -18.3% |
| Financial income | 75/76B | €0 | €73 | +€73 | +241,667% |
| Recurring financial income | 75 | €0 | €73 | +€73 | +241,667% |
| Financial charges | 65/66B | €504 | €259 | -€245 | -48.6% |
| Recurring financial charges | 65 | €504 | €259 | -€245 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €55,921 | €45,918 | -€10,003 | -17.9% |
| Income taxes | 67/77 | €20,125 | €15,834 | -€4,291 | -21.3% |
| Profit (loss) for the period | 9904 | €35,796 | €30,084 | -€5,713 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,796 | €30,084 | -€5,713 | -16.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.