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
- Current investments -€113,333
down €113,333 (-75.2%), from €150,684 to €37,351
- Receivables after one year +€95,000
new in 2025: €95,000
- Cash +€11,166
up €11,166 (+129.1%), from €8,648 to €19,815
mainly Current investments (+€113,333) and Net result for the year (+€28,541)
- Receivables within one year +€8,855
up €8,855 (+45.2%), from €19,587 to €28,442
- Tangible fixed assets -€6,975
down €6,975 (-6.3%), from €110,608 to €103,634
of which Land and buildings: -€6,568
- Debts after one year -€8,075
down €8,075 (-29.2%), from €27,697 to €19,622
- Reserves +€5,526
up €5,526 (+2.7%), from €201,045 to €206,571
of which Distributable reserves: +€5,526
- Other debts +€4,069
up €4,069 (+17.8%), from €22,817 to €26,885
- Current portion of long-term debt -€3,422
down €3,422 (-29.8%), from €11,498 to €8,075
- Tax, wage and social debts -€3,090
down €3,090 (-19.7%), from €15,670 to €12,580
- Gross operating margin -€39,810
down €39,810 (-44.8%), from €88,936 to €49,126
- Taxes -€12,264
down €12,264 (-47.0%), from €26,095 to €13,831
- Financial income +€3,135
up €3,135 (+750.0%), from €418 to €3,553
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 | €289,528 | €284,241 | -€5,287 | -1.8% |
| Fixed assets | 21/28 | €110,608 | €103,634 | -€6,975 | -6.3% |
| Tangible fixed assets | 22/27 | €110,608 | €103,634 | -€6,975 | -6.3% |
| Land and buildings | 22 | €109,781 | €103,213 | -€6,568 | -6.0% |
| Furniture and vehicles | 24 | €828 | €421 | -€407 | -49.1% |
| Current assets | 29/58 | €178,920 | €180,607 | +€1,687 | +0.9% |
| Amounts receivable after more than one year | 29 | - | €95,000 | +€95,000 | |
| Other amounts receivable | 291 | - | €95,000 | +€95,000 | |
| Amounts receivable within one year | 40/41 | €19,587 | €28,442 | +€8,855 | +45.2% |
| Trade receivables | 40 | €19,587 | €28,442 | +€8,855 | +45.2% |
| Current investments | 50/53 | €150,684 | €37,351 | -€113,333 | -75.2% |
| Cash at bank and in hand | 54/58 | €8,648 | €19,815 | +€11,166 | +129.1% |
| Total equity and liabilities | 10/49 | €289,528 | €284,241 | -€5,287 | -1.8% |
| Equity | 10/15 | €209,937 | €215,463 | +€5,526 | +2.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €201,045 | €206,571 | +€5,526 | +2.7% |
| Non-distributable reserves | 130/1 | €8,322 | €8,322 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,322 | €8,322 | = | 0.0% |
| Distributable reserves | 133 | €192,723 | €198,249 | +€5,526 | +2.9% |
| Profit (loss) carried forward | 14 | €3,892 | €3,892 | = | 0.0% |
| Amounts payable | 17/49 | €79,591 | €68,778 | -€10,813 | -13.6% |
| Amounts payable after more than one year | 17 | €27,697 | €19,622 | -€8,075 | -29.2% |
| Financial debts | 170/4 | €27,697 | €19,622 | -€8,075 | -29.2% |
| Amounts payable within one year | 42/48 | €51,324 | €48,546 | -€2,778 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €11,498 | €8,075 | -€3,422 | -29.8% |
| Trade debts | 44 | €1,340 | €1,006 | -€334 | -24.9% |
| Suppliers | 440/4 | €1,340 | €1,006 | -€334 | -24.9% |
| Taxes, remuneration and social security | 45 | €15,670 | €12,580 | -€3,090 | -19.7% |
| Taxes | 450/3 | €15,670 | €12,580 | -€3,090 | -19.7% |
| Other amounts payable | 47/48 | €22,817 | €26,885 | +€4,069 | +17.8% |
| Accrued charges and deferred income | 492/3 | €570 | €610 | +€40 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,862 | €6,975 | +€113 | +1.6% |
| Other operating charges | 640/8 | €1,935 | €1,991 | +€56 | +2.9% |
| Gross operating margin | 9900 | €88,936 | €49,126 | -€39,810 | -44.8% |
| Operating profit (loss) | 9901 | €80,139 | €40,160 | -€39,979 | -49.9% |
| Financial income | 75/76B | €418 | €3,553 | +€3,135 | +750.0% |
| Recurring financial income | 75 | €418 | €3,553 | +€3,135 | +750.0% |
| Financial charges | 65/66B | €1,624 | €1,342 | -€282 | -17.4% |
| Recurring financial charges | 65 | €1,624 | €1,342 | -€282 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €78,933 | €42,371 | -€36,562 | -46.3% |
| Income taxes | 67/77 | €26,095 | €13,831 | -€12,264 | -47.0% |
| Profit (loss) for the period | 9904 | €52,838 | €28,541 | -€24,298 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,838 | €28,541 | -€24,298 | -46.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.