K & S: what changed
Two fiscal 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 & S
Largest movements
- Cash +€33,122
up €33,122 (+105.4%), from €31,426 to €64,547
mainly Net result for the year (+€41,590) and Tax, wage and social debts (+€3,666)
- Receivables within one year +€1,871
up €1,871 (+2.1%), from €88,089 to €89,960
- Profit (loss) carried forward +€31,917
no longer reported in 2025 (was -€31,917)
- Other debts -€12,900
down €12,900 (-47.0%), from €27,429 to €14,529
- Reserves +€9,673
up €9,673 (+10.9%), from €88,618 to €98,290
of which Distributable reserves: +€8,293
- Tax, wage and social debts +€3,666
new in 2025: €3,666
- Accrued charges and deferred income +€2,400
new in 2025: €2,400
- Gross operating margin +€52,029
up €52,029, from -€7,799 to €44,230
- Taxes +€3,666
new in 2025: €3,666
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 | €149,130 | €184,051 | +€34,921 | +23.4% |
| Fixed assets | 21/28 | €27,744 | €27,744 | = | 0.0% |
| Tangible fixed assets | 22/27 | €27,744 | €27,744 | = | 0.0% |
| Land and buildings | 22 | €27,744 | €27,744 | = | 0.0% |
| Current assets | 29/58 | €121,386 | €156,307 | +€34,921 | +28.8% |
| Amounts receivable within one year | 40/41 | €88,089 | €89,960 | +€1,871 | +2.1% |
| Other amounts receivable | 41 | €88,089 | €89,960 | +€1,871 | +2.1% |
| Cash at bank and in hand | 54/58 | €31,426 | €64,547 | +€33,122 | +105.4% |
| Deferred charges and accrued income | 490/1 | €1,871 | €1,799 | -€72 | -3.8% |
| Total equity and liabilities | 10/49 | €149,130 | €184,051 | +€34,921 | +23.4% |
| Equity | 10/15 | €121,700 | €163,290 | +€41,590 | +34.2% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €88,618 | €98,290 | +€9,673 | +10.9% |
| Non-distributable reserves | 130/1 | €5,120 | €6,500 | +€1,380 | +27.0% |
| Legal reserve | 130 | €5,120 | €6,500 | +€1,380 | +27.0% |
| Distributable reserves | 133 | €83,498 | €91,790 | +€8,293 | +9.9% |
| Profit (loss) carried forward | 14 | -€31,917 | - | +€31,917 | |
| Amounts payable | 17/49 | €27,429 | €20,761 | -€6,669 | -24.3% |
| Amounts payable within one year | 42/48 | €27,429 | €18,361 | -€9,069 | -33.1% |
| Trade debts | 44 | - | €165 | +€165 | |
| Suppliers | 440/4 | - | €165 | +€165 | |
| Taxes, remuneration and social security | 45 | - | €3,666 | +€3,666 | |
| Taxes | 450/3 | - | €3,666 | +€3,666 | |
| Other amounts payable | 47/48 | €27,429 | €14,529 | -€12,900 | -47.0% |
| Accrued charges and deferred income | 492/3 | - | €2,400 | +€2,400 | |
| Other operating charges | 640/8 | €659 | €672 | +€14 | +2.1% |
| Gross operating margin | 9900 | -€7,799 | €44,230 | +€52,029 | |
| Operating profit (loss) | 9901 | -€8,458 | €43,557 | +€52,015 | |
| Financial income | 75/76B | €1,871 | €1,799 | -€72 | -3.8% |
| Recurring financial income | 75 | €1,871 | €1,799 | -€72 | -3.8% |
| Financial charges | 65/66B | €96 | €101 | +€5 | +5.0% |
| Recurring financial charges | 65 | €96 | €101 | +€5 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,683 | €45,256 | +€51,939 | |
| Income taxes | 67/77 | - | €3,666 | +€3,666 | |
| Profit (loss) for the period | 9904 | -€6,683 | €41,590 | +€48,273 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,683 | €41,590 | +€48,273 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.