K.S.K. ENGINEERING: 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.S.K. ENGINEERING
Largest movements
- Receivables within one year -€20,022
down €20,022 (-57.3%), from €34,951 to €14,929
of which Trade receivables: -€14,466
- Tangible fixed assets -€6,922
down €6,922 (-26.6%), from €26,050 to €19,128
- Cash -€6,544
down €6,544 (-1.3%), from €523,294 to €516,750
mainly Contributions, distributions and other (-€95,000) and Investment in fixed assets (net) (-€6,038)
- Reserves -€33,000
down €33,000 (-8.3%), from €395,367 to €362,367
- Gross operating margin -€23,336
down €23,336 (-18.5%), from €126,180 to €102,844
- Taxes -€9,925
down €9,925 (-28.2%), from €35,175 to €25,250
- Financial income -€5,683
down €5,683 (-65.1%), from €8,727 to €3,045
- Depreciation +€3,249
up €3,249 (+33.5%), from €9,711 to €12,960
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 | €589,414 | €556,170 | -€33,243 | -5.6% |
| Fixed assets | 21/28 | €26,050 | €19,128 | -€6,922 | -26.6% |
| Tangible fixed assets | 22/27 | €26,050 | €19,128 | -€6,922 | -26.6% |
| Furniture and vehicles | 24 | €26,050 | €19,128 | -€6,922 | -26.6% |
| Current assets | 29/58 | €563,364 | €537,042 | -€26,322 | -4.7% |
| Stocks and contracts in progress | 3 | €333 | €333 | = | 0.0% |
| Stocks | 30/36 | €333 | €333 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,951 | €14,929 | -€20,022 | -57.3% |
| Trade receivables | 40 | €25,724 | €11,257 | -€14,466 | -56.2% |
| Other amounts receivable | 41 | €9,228 | €3,672 | -€5,556 | -60.2% |
| Cash at bank and in hand | 54/58 | €523,294 | €516,750 | -€6,544 | -1.3% |
| Deferred charges and accrued income | 490/1 | €4,786 | €5,030 | +€245 | +5.1% |
| Total equity and liabilities | 10/49 | €589,414 | €556,170 | -€33,243 | -5.6% |
| Equity | 10/15 | €560,069 | €528,597 | -€31,473 | -5.6% |
| Contributions | 10/11 | €154,000 | €154,000 | = | 0.0% |
| Reserves | 13 | €395,367 | €362,367 | -€33,000 | -8.3% |
| Distributable reserves | 133 | €395,367 | €362,367 | -€33,000 | -8.3% |
| Profit (loss) carried forward | 14 | €10,702 | €12,229 | +€1,527 | +14.3% |
| Amounts payable | 17/49 | €29,345 | €27,574 | -€1,771 | -6.0% |
| Amounts payable within one year | 42/48 | €29,345 | €27,574 | -€1,771 | -6.0% |
| Trade debts | 44 | €4,771 | €3,995 | -€776 | -16.3% |
| Suppliers | 440/4 | €4,771 | €3,995 | -€776 | -16.3% |
| Taxes, remuneration and social security | 45 | €23,836 | €22,841 | -€995 | -4.2% |
| Taxes | 450/3 | €23,836 | €22,841 | -€995 | -4.2% |
| Other amounts payable | 47/48 | €738 | €738 | -€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,711 | €12,960 | +€3,249 | +33.5% |
| Other operating charges | 640/8 | €1,164 | €1,209 | +€45 | +3.9% |
| Gross operating margin | 9900 | €126,180 | €102,844 | -€23,336 | -18.5% |
| Operating profit (loss) | 9901 | €115,305 | €88,675 | -€26,630 | -23.1% |
| Financial income | 75/76B | €8,727 | €3,045 | -€5,683 | -65.1% |
| Recurring financial income | 75 | €8,727 | €3,045 | -€5,683 | -65.1% |
| Financial charges | 65/66B | €3,694 | €2,942 | -€752 | -20.4% |
| Recurring financial charges | 65 | €3,694 | €2,942 | -€752 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €120,339 | €88,777 | -€31,561 | -26.2% |
| Income taxes | 67/77 | €35,175 | €25,250 | -€9,925 | -28.2% |
| Profit (loss) for the period | 9904 | €85,163 | €63,527 | -€21,636 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,163 | €63,527 | -€21,636 | -25.4% |
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 17 October 2026 via checked.be.