K&S Technics: 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 Technics
Largest movements
- Receivables within one year -€2,117
down €2,117 (-14.7%), from €14,390 to €12,274
of which Other amounts receivable: -€3,194
- Tangible fixed assets -€952
down €952 (-82.4%), from €1,156 to €204
of which Furniture and vehicles: -€856
- Deferred charges and accrued income -€564
no longer reported in 2024 (was €564)
- Trade debts -€3,106
down €3,106 (-32.0%), from €9,712 to €6,606
- Profit (loss) carried forward -€1,340
down €1,340 (-29.3%), from -€4,569 to -€5,909
- Short-term financial debts +€1,276
up €1,276 (+35.7%), from €3,573 to €4,849
- Tax, wage and social debts -€463
down €463 (-37.5%), from €1,234 to €772
- Gross operating margin -€23,914
down €23,914 (-87.9%), from €27,218 to €3,304
- Staff costs -€21,133
no longer reported in 2024 (was €21,133)
- Other operating charges -€606
down €606 (-63.9%), from €948 to €342
- Depreciation -€463
down €463 (-52.0%), from €891 to €428
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,150 | €12,517 | -€3,633 | -22.5% |
| Fixed assets | 21/28 | €1,196 | €244 | -€952 | -79.6% |
| Tangible fixed assets | 22/27 | €1,156 | €204 | -€952 | -82.4% |
| Plant, machinery and equipment | 23 | €96 | - | -€96 | |
| Furniture and vehicles | 24 | €1,060 | €204 | -€856 | -80.8% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €14,954 | €12,274 | -€2,680 | -17.9% |
| Amounts receivable within one year | 40/41 | €14,390 | €12,274 | -€2,117 | -14.7% |
| Trade receivables | 40 | €1,401 | €2,478 | +€1,077 | +76.9% |
| Other amounts receivable | 41 | €12,989 | €9,795 | -€3,194 | -24.6% |
| Deferred charges and accrued income | 490/1 | €564 | - | -€564 | |
| Total equity and liabilities | 10/49 | €16,150 | €12,517 | -€3,633 | -22.5% |
| Equity | 10/15 | €1,631 | €291 | -€1,340 | -82.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,569 | -€5,909 | -€1,340 | -29.3% |
| Amounts payable | 17/49 | €14,519 | €12,226 | -€2,293 | -15.8% |
| Amounts payable within one year | 42/48 | €14,519 | €12,226 | -€2,293 | -15.8% |
| Financial debts | 43 | €3,573 | €4,849 | +€1,276 | +35.7% |
| Credit institutions | 430/8 | €3,573 | €4,849 | +€1,276 | +35.7% |
| Trade debts | 44 | €9,712 | €6,606 | -€3,106 | -32.0% |
| Suppliers | 440/4 | €9,712 | €6,606 | -€3,106 | -32.0% |
| Taxes, remuneration and social security | 45 | €1,234 | €772 | -€463 | -37.5% |
| Taxes | 450/3 | €1,234 | €772 | -€463 | -37.5% |
| Remuneration, social security and pensions | 62 | €21,133 | - | -€21,133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €891 | €428 | -€463 | -52.0% |
| Other operating charges | 640/8 | €948 | €342 | -€606 | -63.9% |
| Non-recurring operating charges | 66A | €1,796 | - | -€1,796 | |
| Gross operating margin | 9900 | €27,218 | €3,304 | -€23,914 | -87.9% |
| Operating profit (loss) | 9901 | €2,450 | €2,534 | +€84 | +3.4% |
| Financial charges | 65/66B | €1,232 | €1,097 | -€135 | -10.9% |
| Recurring financial charges | 65 | €1,232 | €1,097 | -€135 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €1,219 | €1,437 | +€218 | +17.9% |
| Profit (loss) for the period | 9904 | €1,219 | €1,437 | +€218 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,219 | €1,437 | +€218 | +17.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.