K4Y SERVICES: 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.
K4Y SERVICES
Largest movements
- Cash +€282,733
up €282,733 (+198.9%), from €142,144 to €424,877
mainly Net result for the year (+€405,794) and Other debts (+€97,821)
- Receivables within one year +€50,103
up €50,103 (+36.2%), from €138,231 to €188,334
of which Trade receivables: +€49,278
- Reserves +€255,794
up €255,794 (+33.6%), from €760,624 to €1.0m
- Other debts +€97,821
up €97,821 (+30.3%), from €323,338 to €421,158
- Tax, wage and social debts -€29,662
down €29,662 (-55.5%), from €53,410 to €23,749
of which Taxes: -€30,951
- Debts after one year -€26,601
down €26,601 (-10.1%), from €263,967 to €237,366
- Gross operating margin -€125,398
down €125,398 (-15.0%), from €836,942 to €711,544
- Depreciation -€75,026
down €75,026 (-50.9%), from €147,334 to €72,308
- Financial charges -€21,488
down €21,488 (-65.2%), from €32,972 to €11,483
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 | €1,462,617 | €1,770,495 | +€307,878 | +21.0% |
| Fixed assets | 21/28 | €1,093,321 | €1,078,079 | -€15,242 | -1.4% |
| Intangible fixed assets | 21 | €32,975 | €26,975 | -€6,000 | -18.2% |
| Tangible fixed assets | 22/27 | €1,058,471 | €1,049,229 | -€9,242 | -0.9% |
| Land and buildings | 22 | €972,255 | €947,515 | -€24,740 | -2.5% |
| Plant, machinery and equipment | 23 | €31,178 | €66,181 | +€35,003 | +112.3% |
| Furniture and vehicles | 24 | €55,037 | €35,533 | -€19,505 | -35.4% |
| Financial fixed assets | 28 | €1,875 | €1,875 | = | 0.0% |
| Current assets | 29/58 | €369,296 | €692,416 | +€323,120 | +87.5% |
| Stocks and contracts in progress | 3 | €84,000 | €79,000 | -€5,000 | -6.0% |
| Stocks | 30/36 | €84,000 | €79,000 | -€5,000 | -6.0% |
| Amounts receivable within one year | 40/41 | €138,231 | €188,334 | +€50,103 | +36.2% |
| Trade receivables | 40 | €137,941 | €187,219 | +€49,278 | +35.7% |
| Other amounts receivable | 41 | €290 | €1,115 | +€825 | +284.6% |
| Cash at bank and in hand | 54/58 | €142,144 | €424,877 | +€282,733 | +198.9% |
| Deferred charges and accrued income | 490/1 | €4,920 | €204 | -€4,716 | -95.8% |
| Total equity and liabilities | 10/49 | €1,462,617 | €1,770,495 | +€307,878 | +21.0% |
| Equity | 10/15 | €770,624 | €1,026,418 | +€255,794 | +33.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €760,624 | €1,016,418 | +€255,794 | +33.6% |
| Distributable reserves | 133 | €760,624 | €1,016,418 | +€255,794 | +33.6% |
| Amounts payable | 17/49 | €691,993 | €744,077 | +€52,084 | +7.5% |
| Amounts payable after more than one year | 17 | €263,967 | €237,366 | -€26,601 | -10.1% |
| Financial debts | 170/4 | €263,967 | €237,366 | -€26,601 | -10.1% |
| Amounts payable within one year | 42/48 | €424,709 | €499,000 | +€74,290 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €25,631 | €26,601 | +€970 | +3.8% |
| Trade debts | 44 | €22,330 | €27,491 | +€5,161 | +23.1% |
| Suppliers | 440/4 | €22,330 | €27,491 | +€5,161 | +23.1% |
| Taxes, remuneration and social security | 45 | €53,410 | €23,749 | -€29,662 | -55.5% |
| Taxes | 450/3 | €38,897 | €7,946 | -€30,951 | -79.6% |
| Remuneration and social security | 454/9 | €14,513 | €15,803 | +€1,290 | +8.9% |
| Other amounts payable | 47/48 | €323,338 | €421,158 | +€97,821 | +30.3% |
| Accrued charges and deferred income | 492/3 | €3,317 | €7,712 | +€4,395 | +132.5% |
| Remuneration, social security and pensions | 62 | €72,250 | €75,228 | +€2,977 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,334 | €72,308 | -€75,026 | -50.9% |
| Other operating charges | 640/8 | €1,998 | €4,426 | +€2,427 | +121.5% |
| Non-recurring operating charges | 66A | €2,086 | - | -€2,086 | |
| Gross operating margin | 9900 | €836,942 | €711,544 | -€125,398 | -15.0% |
| Operating profit (loss) | 9901 | €613,273 | €559,583 | -€53,690 | -8.8% |
| Financial income | 75/76B | €390 | €635 | +€245 | +62.8% |
| Recurring financial income | 75 | €390 | €635 | +€245 | +62.8% |
| Financial charges | 65/66B | €32,972 | €11,483 | -€21,488 | -65.2% |
| Recurring financial charges | 65 | €32,972 | €11,483 | -€21,488 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €580,691 | €548,735 | -€31,957 | -5.5% |
| Income taxes | 67/77 | €144,777 | €142,940 | -€1,836 | -1.3% |
| Profit (loss) for the period | 9904 | €435,914 | €405,794 | -€30,120 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €435,914 | €405,794 | -€30,120 | -6.9% |
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 11 October 2026 via checked.be.