K&S Tools: 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 Tools
Largest movements
- Stocks and contracts +€345,981
up €345,981 (+31.8%), from €1.1m to €1.4m
- Receivables within one year +€256,903
up €256,903 (+56.3%), from €456,621 to €713,525
of which Trade receivables: +€231,816
- Cash -€95,469
down €95,469 (-79.1%), from €120,677 to €25,208
mainly Debts after one year (-€375,000) and Stocks and contracts (-€345,981)
- Profit (loss) carried forward +€807,359
up €807,359 (+72.8%), from €1.1m to €1.9m
- Debts after one year -€375,000
down €375,000 (-93.8%), from €400,000 to €25,000
- Other debts +€170,012
up €170,012 (+74915.2%), from €227 to €170,239
- Tax, wage and social debts -€104,191
down €104,191 (-76.3%), from €136,599 to €32,408
- Gross operating margin +€664,298
up €664,298 (+104.0%), from €638,459 to €1.3m
- Taxes +€169,913
up €169,913 (+109.2%), from €155,607 to €325,520
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 | €1,685,187 | €2,190,491 | +€505,304 | +30.0% |
| Fixed assets | 21/28 | €19,513 | €14,398 | -€5,115 | -26.2% |
| Tangible fixed assets | 22/27 | €19,513 | €14,398 | -€5,115 | -26.2% |
| Plant, machinery and equipment | 23 | €657 | €416 | -€242 | -36.8% |
| Furniture and vehicles | 24 | €11,969 | €8,647 | -€3,322 | -27.8% |
| Other tangible fixed assets | 26 | €6,886 | €5,336 | -€1,551 | -22.5% |
| Current assets | 29/58 | €1,665,673 | €2,176,092 | +€510,419 | +30.6% |
| Stocks and contracts in progress | 3 | €1,088,231 | €1,434,212 | +€345,981 | +31.8% |
| Stocks | 30/36 | €1,088,231 | €1,434,212 | +€345,981 | +31.8% |
| Amounts receivable within one year | 40/41 | €456,621 | €713,525 | +€256,903 | +56.3% |
| Trade receivables | 40 | €447,228 | €679,044 | +€231,816 | +51.8% |
| Other amounts receivable | 41 | €9,393 | €34,480 | +€25,087 | +267.1% |
| Cash at bank and in hand | 54/58 | €120,677 | €25,208 | -€95,469 | -79.1% |
| Deferred charges and accrued income | 490/1 | €144 | €3,148 | +€3,004 | +2084.7% |
| Total equity and liabilities | 10/49 | €1,685,187 | €2,190,491 | +€505,304 | +30.0% |
| Equity | 10/15 | €1,111,370 | €1,918,728 | +€807,359 | +72.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,109,370 | €1,916,728 | +€807,359 | +72.8% |
| Amounts payable | 17/49 | €573,817 | €271,762 | -€302,055 | -52.6% |
| Amounts payable after more than one year | 17 | €400,000 | €25,000 | -€375,000 | -93.8% |
| Financial debts | 170/4 | €400,000 | €25,000 | -€375,000 | -93.8% |
| Amounts payable within one year | 42/48 | €173,817 | €246,762 | +€72,945 | +42.0% |
| Trade debts | 44 | €36,991 | €44,115 | +€7,124 | +19.3% |
| Suppliers | 440/4 | €36,991 | €44,115 | +€7,124 | +19.3% |
| Taxes, remuneration and social security | 45 | €136,599 | €32,408 | -€104,191 | -76.3% |
| Taxes | 450/3 | €136,599 | €32,408 | -€104,191 | -76.3% |
| Other amounts payable | 47/48 | €227 | €170,239 | +€170,012 | +74915.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,091 | €5,115 | +€24 | +0.5% |
| Other operating charges | 640/8 | €10,337 | €5,122 | -€5,215 | -50.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €638,459 | €1,302,757 | +€664,298 | +104.0% |
| Operating profit (loss) | 9901 | €623,031 | €1,292,520 | +€669,489 | +107.5% |
| Financial income | 75/76B | €7,610 | €14,534 | +€6,924 | +91.0% |
| Recurring financial income | 75 | €7,610 | €14,534 | +€6,924 | +91.0% |
| Financial charges | 65/66B | €8,273 | €6,175 | -€2,098 | -25.4% |
| Recurring financial charges | 65 | €8,273 | €6,175 | -€2,098 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €622,369 | €1,300,879 | +€678,510 | +109.0% |
| Income taxes | 67/77 | €155,607 | €325,520 | +€169,913 | +109.2% |
| Profit (loss) for the period | 9904 | €466,762 | €975,359 | +€508,597 | +109.0% |
| Profit (loss) for the period to be appropriated | 9905 | €466,762 | €975,359 | +€508,597 | +109.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.