K.W.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.W.S. Technics
Largest movements
- Cash +€19,829
up €19,829 (+316%), from €6,267 to €26,096
mainly Depreciation (+€9,790) and Trade debts (+€7,963)
- Tangible fixed assets -€9,790
down €9,790 (-22.2%), from €44,047 to €34,257
- Receivables within one year -€6,118
down €6,118 (-24.6%), from €24,894 to €18,775
of which Other amounts receivable: -€6,542
- Trade debts +€7,963
up €7,963 (+444%), from €1,793 to €9,757
- Debts after one year -€7,394
down €7,394 (-25.9%), from €28,579 to €21,185
- Profit (loss) carried forward +€2,725
up €2,725 (+73.2%), from -€3,725 to -€1,000
- Gross operating margin +€16,099
up €16,099 (+1,087%), from €1,481 to €17,580
- Depreciation +€6,440
up €6,440 (+192%), from €3,350 to €9,790
- Taxes +€1,798
up €1,798 (+926%), from €194 to €1,992
- Financial charges +€724
up €724 (+97.6%), from €742 to €1,466
- Other operating charges +€647
up €647 (+67.5%), from €959 to €1,607
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.
Derived cash bridge
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 | €76,406 | €79,911 | +€3,505 | +4.6% |
| Fixed assets | 21/28 | €44,547 | €34,257 | -€10,290 | -23.1% |
| Tangible fixed assets | 22/27 | €44,047 | €34,257 | -€9,790 | -22.2% |
| Furniture and vehicles | 24 | €44,047 | €34,257 | -€9,790 | -22.2% |
| Financial fixed assets | 28 | €500 | €0 | -€500 | -100% |
| Current assets | 29/58 | €31,858 | €45,654 | +€13,796 | +43.3% |
| Amounts receivable within one year | 40/41 | €24,894 | €18,775 | -€6,118 | -24.6% |
| Trade receivables | 40 | €13,201 | €13,624 | +€423 | +3.2% |
| Other amounts receivable | 41 | €11,693 | €5,151 | -€6,542 | -55.9% |
| Cash at bank and in hand | 54/58 | €6,267 | €26,096 | +€19,829 | +316% |
| Deferred charges and accrued income | 490/1 | €698 | €783 | +€85 | +12.1% |
| Total equity and liabilities | 10/49 | €76,406 | €79,911 | +€3,505 | +4.6% |
| Equity | 10/15 | €29,775 | €32,500 | +€2,725 | +9.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,500 | €28,500 | = | 0.0% |
| Distributable reserves | 133 | €28,500 | €28,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,725 | -€1,000 | +€2,725 | +73.2% |
| Amounts payable | 17/49 | €46,631 | €47,410 | +€780 | +1.7% |
| Amounts payable after more than one year | 17 | €28,579 | €21,185 | -€7,394 | -25.9% |
| Financial debts | 170/4 | €28,579 | €21,185 | -€7,394 | -25.9% |
| Amounts payable within one year | 42/48 | €18,051 | €26,225 | +€8,174 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €7,111 | €7,394 | +€283 | +4.0% |
| Trade debts | 44 | €1,793 | €9,757 | +€7,963 | +444% |
| Suppliers | 440/4 | €1,793 | €9,757 | +€7,963 | +444% |
| Taxes, remuneration and social security | 45 | €3,300 | €3,750 | +€450 | +13.6% |
| Taxes | 450/3 | €3,300 | €3,750 | +€450 | +13.6% |
| Other amounts payable | 47/48 | €5,847 | €5,325 | -€522 | -8.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,350 | €9,790 | +€6,440 | +192% |
| Other operating charges | 640/8 | €959 | €1,607 | +€647 | +67.5% |
| Gross operating margin | 9900 | €1,481 | €17,580 | +€16,099 | +1,087% |
| Operating profit (loss) | 9901 | -€2,828 | €6,183 | +€9,011 | |
| Financial income | 75/76B | €5 | €0 | -€5 | -93.4% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -93.4% |
| Financial charges | 65/66B | €742 | €1,466 | +€724 | +97.6% |
| Recurring financial charges | 65 | €742 | €1,466 | +€724 | +97.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,565 | €4,718 | +€8,283 | |
| Income taxes | 67/77 | €194 | €1,992 | +€1,798 | +926% |
| Profit (loss) for the period | 9904 | -€3,759 | €2,725 | +€6,485 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,759 | €2,725 | +€6,485 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.