K&O GROUP: 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&O GROUP
Largest movements
- Cash +€52,291
up €52,291 (+411%), from €12,717 to €65,009
mainly Receivables within one year (+€26,445) and Investment in fixed assets (net) (+€11,790)
- Receivables within one year -€26,445
down €26,445 (-61.9%), from €42,716 to €16,271
of which Trade receivables: -€20,563
- Tangible fixed assets -€21,165
down €21,165 (-60.7%), from €34,850 to €13,684
of which Furniture and vehicles: -€22,078
- Other debts -€12,992
down €12,992 (-27.6%), from €47,043 to €34,051
- Profit (loss) carried forward +€11,418
up €11,418 (+39.3%), from €29,061 to €40,479
- Tax, wage and social debts +€4,576
up €4,576 (+56.8%), from €8,054 to €12,630
of which Taxes: +€5,873
- Contributions +€3,200
up €3,200 (+128%), from €2,500 to €5,700
- Trade debts -€1,521
down €1,521 (-42.0%), from €3,624 to €2,103
- Purchases and services +€79,916
up €79,916 (+110%), from €72,934 to €152,850
- Turnover +€48,547
up €48,547 (+32.5%), from €149,590 to €198,138
- Staff costs -€44,617
down €44,617 (-76.0%), from €58,686 to €14,069
- Gross operating margin -€30,858
down €30,858 (-40.3%), from €76,656 to €45,798
- Depreciation -€3,369
down €3,369 (-26.4%), from €12,745 to €9,376
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 | €90,283 | €94,964 | +€4,681 | +5.2% |
| Fixed assets | 21/28 | €34,850 | €13,684 | -€21,165 | -60.7% |
| Tangible fixed assets | 22/27 | €34,850 | €13,684 | -€21,165 | -60.7% |
| Plant, machinery and equipment | 23 | - | €912 | +€912 | |
| Furniture and vehicles | 24 | €34,850 | €12,772 | -€22,078 | -63.4% |
| Current assets | 29/58 | €55,433 | €81,280 | +€25,847 | +46.6% |
| Amounts receivable within one year | 40/41 | €42,716 | €16,271 | -€26,445 | -61.9% |
| Trade receivables | 40 | €33,039 | €12,476 | -€20,563 | -62.2% |
| Other amounts receivable | 41 | €9,677 | €3,795 | -€5,882 | -60.8% |
| Cash at bank and in hand | 54/58 | €12,717 | €65,009 | +€52,291 | +411% |
| Total equity and liabilities | 10/49 | €90,283 | €94,964 | +€4,681 | +5.2% |
| Equity | 10/15 | €31,561 | €46,179 | +€14,618 | +46.3% |
| Contributions | 10/11 | €2,500 | €5,700 | +€3,200 | +128% |
| Contributions outside capital | 11 | €2,500 | €5,700 | +€3,200 | +128% |
| Share premium | 1100/10 | €2,500 | €5,700 | +€3,200 | +128% |
| Profit (loss) carried forward | 14 | €29,061 | €40,479 | +€11,418 | +39.3% |
| Amounts payable | 17/49 | €58,722 | €48,785 | -€9,937 | -16.9% |
| Amounts payable within one year | 42/48 | €58,722 | €48,785 | -€9,937 | -16.9% |
| Trade debts | 44 | €3,624 | €2,103 | -€1,521 | -42.0% |
| Suppliers | 440/4 | €3,624 | €2,103 | -€1,521 | -42.0% |
| Taxes, remuneration and social security | 45 | €8,054 | €12,630 | +€4,576 | +56.8% |
| Taxes | 450/3 | €3,295 | €9,168 | +€5,873 | +178% |
| Remuneration and social security | 454/9 | €4,759 | €3,463 | -€1,297 | -27.2% |
| Other amounts payable | 47/48 | €47,043 | €34,051 | -€12,992 | -27.6% |
| Turnover | 70 | €149,590 | €198,138 | +€48,547 | +32.5% |
| Non-recurring operating income | 76A | - | €511 | +€511 | |
| Goods, raw materials, services and sundry goods | 60/61 | €72,934 | €152,850 | +€79,916 | +110% |
| Remuneration, social security and pensions | 62 | €58,686 | €14,069 | -€44,617 | -76.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,745 | €9,376 | -€3,369 | -26.4% |
| Other operating charges | 640/8 | €1,963 | €1,974 | +€10 | +0.5% |
| Non-recurring operating charges | 66A | - | €7,844 | +€7,844 | |
| Gross operating margin | 9900 | €76,656 | €45,798 | -€30,858 | -40.3% |
| Operating profit (loss) | 9901 | €3,262 | €12,536 | +€9,274 | +284% |
| Financial income | 75/76B | €135 | €152 | +€17 | +12.6% |
| Recurring financial income | 75 | €135 | €152 | +€17 | +12.6% |
| Non-recurring financial income | 76B | €135 | €152 | +€17 | +12.6% |
| Financial charges | 65/66B | €232 | €1,270 | +€1,038 | +447% |
| Recurring financial charges | 65 | €232 | €1,270 | +€1,038 | +448% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €3,165 | €11,418 | +€8,253 | +261% |
| Income taxes | 67/77 | €1,320 | - | -€1,320 | |
| Profit (loss) for the period | 9904 | €1,845 | €11,418 | +€9,574 | +519% |
| Profit (loss) for the period to be appropriated | 9905 | €1,845 | €11,418 | +€9,574 | +519% |
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 30 October 2026 via checked.be.