K&S MODE: 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 MODE
Largest movements
- Stocks and contracts +€33,810
up €33,810 (+12.8%), from €264,695 to €298,505
- Cash +€29,174
up €29,174 (+346%), from €8,428 to €37,601
mainly Net result for the year (+€37,620) and Tax, wage and social debts (+€15,465)
- Reserves +€37,620
up €37,620 (+41.2%), from €91,338 to €128,958
- Tax, wage and social debts +€15,465
up €15,465 (+23.8%), from €65,074 to €80,539
- Trade debts +€12,152
up €12,152 (+30.7%), from €39,615 to €51,767
- Gross operating margin -€71,321
down €71,321 (-52.8%), from €134,990 to €63,669
- Taxes -€15,661
down €15,661 (-60.2%), from €26,023 to €10,362
- Depreciation -€5,191
down €5,191 (-40.3%), from €12,890 to €7,699
- Financial income -€2,730
down €2,730 (-97.8%), from €2,792 to €62
- Financial charges +€1,388
up €1,388 (+374%), from €371 to €1,759
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 | €286,930 | €349,613 | +€62,683 | +21.8% |
| Fixed assets | 21/28 | €13,808 | €12,380 | -€1,428 | -10.3% |
| Tangible fixed assets | 22/27 | €13,808 | €12,380 | -€1,428 | -10.3% |
| Land and buildings | 22 | €918 | €804 | -€115 | -12.5% |
| Plant, machinery and equipment | 23 | €12,889 | €6,530 | -€6,360 | -49.3% |
| Furniture and vehicles | 24 | - | €5,046 | +€5,046 | |
| Current assets | 29/58 | €273,122 | €337,234 | +€64,111 | +23.5% |
| Stocks and contracts in progress | 3 | €264,695 | €298,505 | +€33,810 | +12.8% |
| Stocks | 30/36 | €264,695 | €298,505 | +€33,810 | +12.8% |
| Amounts receivable within one year | 40/41 | - | €1,128 | +€1,128 | |
| Other amounts receivable | 41 | - | €1,128 | +€1,128 | |
| Cash at bank and in hand | 54/58 | €8,428 | €37,601 | +€29,174 | +346% |
| Total equity and liabilities | 10/49 | €286,930 | €349,613 | +€62,683 | +21.8% |
| Equity | 10/15 | €96,338 | €133,958 | +€37,620 | +39.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €91,338 | €128,958 | +€37,620 | +41.2% |
| Distributable reserves | 133 | €91,338 | €128,958 | +€37,620 | +41.2% |
| Amounts payable | 17/49 | €190,593 | €215,655 | +€25,063 | +13.1% |
| Amounts payable within one year | 42/48 | €190,593 | €215,655 | +€25,063 | +13.1% |
| Trade debts | 44 | €39,615 | €51,767 | +€12,152 | +30.7% |
| Suppliers | 440/4 | €39,615 | €51,767 | +€12,152 | +30.7% |
| Taxes, remuneration and social security | 45 | €65,074 | €80,539 | +€15,465 | +23.8% |
| Taxes | 450/3 | €65,074 | €80,539 | +€15,465 | +23.8% |
| Other amounts payable | 47/48 | €85,904 | €83,350 | -€2,554 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,890 | €7,699 | -€5,191 | -40.3% |
| Other operating charges | 640/8 | €7,161 | €6,292 | -€869 | -12.1% |
| Gross operating margin | 9900 | €134,990 | €63,669 | -€71,321 | -52.8% |
| Operating profit (loss) | 9901 | €114,939 | €49,678 | -€65,261 | -56.8% |
| Financial income | 75/76B | €2,792 | €62 | -€2,730 | -97.8% |
| Recurring financial income | 75 | €2,792 | €62 | -€2,730 | -97.8% |
| Financial charges | 65/66B | €371 | €1,759 | +€1,388 | +374% |
| Recurring financial charges | 65 | €371 | €1,759 | +€1,388 | +374% |
| Profit (loss) for the period before taxes | 9903 | €117,360 | €47,982 | -€69,379 | -59.1% |
| Income taxes | 67/77 | €26,023 | €10,362 | -€15,661 | -60.2% |
| Profit (loss) for the period | 9904 | €91,338 | €37,620 | -€53,717 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €91,338 | €37,620 | -€53,717 | -58.8% |
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 15 October 2026 via checked.be.