K-TECH: 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-TECH
Largest movements
- Receivables within one year -€52,010
down €52,010 (-86.0%), from €60,470 to €8,459
of which Trade receivables: -€41,472
- Tangible fixed assets -€6,162
down €6,162 (-27.4%), from €22,500 to €16,338
of which Plant, machinery and equipment: -€10,419
- Deferred charges and accrued income -€2,599
down €2,599 (-32.0%), from €8,125 to €5,526
- Cash +€1,249
up €1,249 (+1111.7%), from €112 to €1,362
mainly Receivables within one year (+€52,010) and Depreciation (+€8,332)
- Profit (loss) carried forward -€36,772
down €36,772, from €2,722 to -€34,050
- Trade debts -€9,741
down €9,741 (-43.7%), from €22,307 to €12,565
- Short-term financial debts -€7,046
down €7,046 (-83.7%), from €8,422 to €1,376
- Tax, wage and social debts -€5,885
down €5,885 (-70.9%), from €8,296 to €2,411
of which Remuneration and social security: -€4,456
- Gross operating margin +€23,065
up €23,065 (+46.6%), from -€49,519 to -€26,454
- Financial income -€5,920
down €5,920 (-91.8%), from €6,450 to €529
- Depreciation -€2,796
down €2,796 (-25.1%), from €11,128 to €8,332
- Financial charges -€930
down €930 (-49.2%), from €1,891 to €961
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 | €91,207 | €31,762 | -€59,445 | -65.2% |
| Fixed assets | 21/28 | €22,500 | €16,338 | -€6,162 | -27.4% |
| Tangible fixed assets | 22/27 | €22,500 | €16,338 | -€6,162 | -27.4% |
| Plant, machinery and equipment | 23 | €18,006 | €7,587 | -€10,419 | -57.9% |
| Furniture and vehicles | 24 | €843 | €6,013 | +€5,170 | +613.2% |
| Other tangible fixed assets | 26 | €3,651 | €2,738 | -€913 | -25.0% |
| Current assets | 29/58 | €68,707 | €15,424 | -€53,283 | -77.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €60,470 | €8,459 | -€52,010 | -86.0% |
| Trade receivables | 40 | €42,158 | €686 | -€41,472 | -98.4% |
| Other amounts receivable | 41 | €18,312 | €7,773 | -€10,538 | -57.5% |
| Current investments | 50/53 | - | €77 | +€77 | |
| Cash at bank and in hand | 54/58 | €112 | €1,362 | +€1,249 | +1111.7% |
| Deferred charges and accrued income | 490/1 | €8,125 | €5,526 | -€2,599 | -32.0% |
| Total equity and liabilities | 10/49 | €91,207 | €31,762 | -€59,445 | -65.2% |
| Equity | 10/15 | €52,182 | €15,410 | -€36,772 | -70.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,860 | €30,860 | = | 0.0% |
| Distributable reserves | 133 | €30,860 | €30,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,722 | -€34,050 | -€36,772 | |
| Amounts payable | 17/49 | €39,025 | €16,352 | -€22,672 | -58.1% |
| Amounts payable within one year | 42/48 | €39,025 | €16,352 | -€22,672 | -58.1% |
| Financial debts | 43 | €8,422 | €1,376 | -€7,046 | -83.7% |
| Credit institutions | 430/8 | €8,422 | €1,376 | -€7,046 | -83.7% |
| Trade debts | 44 | €22,307 | €12,565 | -€9,741 | -43.7% |
| Suppliers | 440/4 | €22,307 | €12,565 | -€9,741 | -43.7% |
| Taxes, remuneration and social security | 45 | €8,296 | €2,411 | -€5,885 | -70.9% |
| Taxes | 450/3 | €3,841 | €2,411 | -€1,429 | -37.2% |
| Remuneration and social security | 454/9 | €4,456 | €0 | -€4,456 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,128 | €8,332 | -€2,796 | -25.1% |
| Other operating charges | 640/8 | €1,051 | €1,075 | +€24 | +2.3% |
| Gross operating margin | 9900 | -€49,519 | -€26,454 | +€23,065 | +46.6% |
| Operating profit (loss) | 9901 | -€61,698 | -€35,861 | +€25,837 | +41.9% |
| Financial income | 75/76B | €6,450 | €529 | -€5,920 | -91.8% |
| Recurring financial income | 75 | €6,450 | €529 | -€5,920 | -91.8% |
| Financial charges | 65/66B | €1,891 | €961 | -€930 | -49.2% |
| Recurring financial charges | 65 | €1,891 | €961 | -€930 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | -€57,140 | -€36,293 | +€20,847 | +36.5% |
| Income taxes | 67/77 | €560 | €480 | -€80 | -14.3% |
| Profit (loss) for the period | 9904 | -€57,699 | -€36,772 | +€20,927 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,699 | -€36,772 | +€20,927 | +36.3% |
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 3 October 2026 via checked.be.