K + S SERVICES: 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 SERVICES
Largest movements
- Receivables within one year -€46,808
down €46,808 (-23.7%), from €197,392 to €150,584
- Cash +€22,544
up €22,544 (+119.9%), from €18,799 to €41,343
mainly Receivables within one year (+€46,808) and Net result for the year (+€8,169)
- Tangible fixed assets -€4,256
down €4,256 (-54.5%), from €7,803 to €3,547
- Debts within one year -€35,801
down €35,801 (-5.1%), from €699,464 to €663,663
- Equity +€8,169
up €8,169 (+1.7%), from -€475,470 to -€467,302
of which Contributions: +€18,600
- Staff costs +€120,538
new in 2021: €120,538
- Gross operating margin +€15,604
up €15,604 (+13.1%), from €118,815 to €134,419
- Depreciation +€3,547
up €3,547 (+500.0%), from €709 to €4,256
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,994 | €196,361 | -€27,632 | -12.3% |
| Fixed assets | 21/28 | €7,803 | €3,547 | -€4,256 | -54.5% |
| Tangible fixed assets | 22/27 | €7,803 | €3,547 | -€4,256 | -54.5% |
| Furniture and vehicles | 24 | - | €3,547 | +€3,547 | |
| Current assets | 29/58 | €216,191 | €192,815 | -€23,376 | -10.8% |
| Amounts receivable within one year | 40/41 | €197,392 | €150,584 | -€46,808 | -23.7% |
| Trade receivables | 40 | - | €131,194 | +€131,194 | |
| Other amounts receivable | 41 | - | €19,390 | +€19,390 | |
| Cash at bank and in hand | 54/58 | €18,799 | €41,343 | +€22,544 | +119.9% |
| Deferred charges and accrued income | 490/1 | - | €888 | +€888 | |
| Total equity and liabilities | 10/49 | €223,994 | €196,361 | -€27,632 | -12.3% |
| Equity | 10/15 | -€475,470 | -€467,302 | +€8,169 | +1.7% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€494,070 | -€485,902 | +€8,169 | +1.7% |
| Amounts payable | 17/49 | €699,464 | €663,663 | -€35,801 | -5.1% |
| Amounts payable within one year | 42/48 | €699,464 | €663,663 | -€35,801 | -5.1% |
| Trade debts | 44 | €2,834 | €15,830 | +€12,996 | +458.5% |
| Suppliers | 440/4 | - | €15,830 | +€15,830 | |
| Taxes, remuneration and social security | 45 | - | €15,914 | +€15,914 | |
| Taxes | 450/3 | - | €3,119 | +€3,119 | |
| Remuneration and social security | 454/9 | - | €12,795 | +€12,795 | |
| Other amounts payable | 47/48 | - | €631,919 | +€631,919 | |
| Remuneration, social security and pensions | 62 | - | €120,538 | +€120,538 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €709 | €4,256 | +€3,547 | +500.0% |
| Other operating charges | 640/8 | - | €1,090 | +€1,090 | |
| Gross operating margin | 9900 | €118,815 | €134,419 | +€15,604 | +13.1% |
| Operating profit (loss) | 9901 | €20,527 | €8,535 | -€11,992 | -58.4% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | - | €293 | +€293 | |
| Recurring financial charges | 65 | €395 | €293 | -€102 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €20,131 | €8,262 | -€11,869 | -59.0% |
| Income taxes | 67/77 | €96 | €93 | -€3 | -3.3% |
| Profit (loss) for the period | 9904 | €20,035 | €8,169 | -€11,866 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,035 | €8,169 | -€11,866 | -59.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.