K&N SOLUTIONS: 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&N SOLUTIONS
Largest movements
- Current investments -€52,676
down €52,676 (-100.0%), from €52,676 to €0
- Tangible fixed assets -€35,702
down €35,702 (-8.1%), from €443,341 to €407,639
- Receivables within one year +€18,340
up €18,340 (+51.8%), from €35,378 to €53,718
of which Other amounts receivable: +€12,040
- Cash +€14,279
up €14,279 (+3874.1%), from €369 to €14,648
mainly Current investments (+€52,676) and Depreciation (+€35,702)
- Debts after one year -€37,234
down €37,234 (-51.3%), from €72,650 to €35,416
- Other debts -€12,284
down €12,284 (-6.1%), from €202,701 to €190,416
- Financial charges +€6,751
up €6,751 (+132.4%), from €5,097 to €11,848
- Gross operating margin +€6,607
up €6,607 (+18.0%), from €36,711 to €43,319
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.
Cash bridge derived
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 | €532,580 | €476,932 | -€55,648 | -10.4% |
| Fixed assets | 21/28 | €443,360 | €407,657 | -€35,702 | -8.1% |
| Tangible fixed assets | 22/27 | €443,341 | €407,639 | -€35,702 | -8.1% |
| Land and buildings | 22 | €443,341 | €407,639 | -€35,702 | -8.1% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €89,220 | €69,275 | -€19,945 | -22.4% |
| Amounts receivable within one year | 40/41 | €35,378 | €53,718 | +€18,340 | +51.8% |
| Trade receivables | 40 | €1,403 | €7,703 | +€6,300 | +449.0% |
| Other amounts receivable | 41 | €33,975 | €46,015 | +€12,040 | +35.4% |
| Current investments | 50/53 | €52,676 | €0 | -€52,676 | -100.0% |
| Cash at bank and in hand | 54/58 | €369 | €14,648 | +€14,279 | +3874.1% |
| Deferred charges and accrued income | 490/1 | €798 | €909 | +€111 | +14.0% |
| Total equity and liabilities | 10/49 | €532,580 | €476,932 | -€55,648 | -10.4% |
| Equity | 10/15 | €202,318 | €195,550 | -€6,769 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €88,855 | €86,762 | -€2,092 | -2.4% |
| Tax-exempt reserves | 132 | €86,995 | €84,902 | -€2,092 | -2.4% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,264 | €102,587 | -€4,676 | -4.4% |
| Provisions and deferred taxes | 16 | €9,696 | €8,619 | -€1,077 | -11.1% |
| Deferred taxes | 168 | €9,696 | €8,619 | -€1,077 | -11.1% |
| Amounts payable | 17/49 | €320,565 | €272,763 | -€47,802 | -14.9% |
| Amounts payable after more than one year | 17 | €72,650 | €35,416 | -€37,234 | -51.3% |
| Financial debts | 170/4 | €72,650 | €35,416 | -€37,234 | -51.3% |
| Amounts payable within one year | 42/48 | €247,915 | €237,347 | -€10,567 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €35,826 | €37,234 | +€1,409 | +3.9% |
| Trade debts | 44 | - | €780 | +€780 | |
| Suppliers | 440/4 | - | €780 | +€780 | |
| Taxes, remuneration and social security | 45 | €9,388 | €8,917 | -€472 | -5.0% |
| Taxes | 450/3 | €9,388 | €8,917 | -€472 | -5.0% |
| Other amounts payable | 47/48 | €202,701 | €190,416 | -€12,284 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,702 | €35,702 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,899 | €3,965 | +€66 | +1.7% |
| Gross operating margin | 9900 | €36,711 | €43,319 | +€6,607 | +18.0% |
| Operating profit (loss) | 9901 | -€2,890 | €3,651 | +€6,541 | |
| Financial income | 75/76B | €319 | €351 | +€32 | +10.0% |
| Recurring financial income | 75 | €319 | €351 | +€32 | +10.0% |
| Financial charges | 65/66B | €5,097 | €11,848 | +€6,751 | +132.4% |
| Recurring financial charges | 65 | €5,097 | €11,848 | +€6,751 | +132.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,668 | -€7,846 | -€178 | -2.3% |
| Transfer from deferred taxes | 780 | €3,170 | €1,077 | -€2,092 | -66.0% |
| Profit (loss) for the period | 9904 | -€4,498 | -€6,769 | -€2,270 | -50.5% |
| Transfer from tax-exempt reserves | 789 | - | €2,092 | +€2,092 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,498 | -€4,676 | -€178 | -4.0% |
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 12 October 2026 via checked.be.