KC Beheer: 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.
KC Beheer
Largest movements
- Receivables within one year +€33,764
up €33,764 (+142%), from €23,825 to €57,589
of which Other amounts receivable: +€46,161
- Cash +€31,283
up €31,283 (+393%), from €7,955 to €39,237
mainly Other debts (+€189,769) and Net result for the year (+€62,892)
- Tangible fixed assets -€7,136
down €7,136 (-27.9%), from €25,614 to €18,478
of which Furniture and vehicles: -€5,225
- Other debts +€189,769
up €189,769 (+11,391%), from €1,666 to €191,435
- Reserves -€128,543
down €128,543 (-23.8%), from €540,760 to €412,217
of which Distributable reserves: -€128,543
- Current portion of long-term debt +€12,461
new in 2025: €12,461
- Gross operating margin -€20,818
down €20,818 (-30.7%), from €67,752 to €46,933
- Financial income +€8,660
up €8,660 (+23.4%), from €36,946 to €45,606
- Taxes -€3,729
down €3,729 (-14.9%), from €25,062 to €21,333
- Depreciation +€1,392
up €1,392 (+24.2%), from €5,744 to €7,136
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 | €628,585 | €687,822 | +€59,237 | +9.4% |
| Fixed assets | 21/28 | €333,199 | €326,063 | -€7,136 | -2.1% |
| Tangible fixed assets | 22/27 | €25,614 | €18,478 | -€7,136 | -27.9% |
| Plant, machinery and equipment | 23 | €4,257 | €3,342 | -€916 | -21.5% |
| Furniture and vehicles | 24 | €16,175 | €10,950 | -€5,225 | -32.3% |
| Other tangible fixed assets | 26 | €5,182 | €4,186 | -€996 | -19.2% |
| Financial fixed assets | 28 | €307,585 | €307,585 | = | 0.0% |
| Current assets | 29/58 | €295,386 | €361,759 | +€66,373 | +22.5% |
| Amounts receivable after more than one year | 29 | €115,000 | €115,000 | = | 0.0% |
| Trade receivables | 290 | €115,000 | - | -€115,000 | |
| Other amounts receivable | 291 | - | €115,000 | +€115,000 | |
| Amounts receivable within one year | 40/41 | €23,825 | €57,589 | +€33,764 | +142% |
| Trade receivables | 40 | €17,817 | €5,419 | -€12,397 | -69.6% |
| Other amounts receivable | 41 | €6,009 | €52,170 | +€46,161 | +768% |
| Current investments | 50/53 | €147,224 | €147,224 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,955 | €39,237 | +€31,283 | +393% |
| Deferred charges and accrued income | 490/1 | €1,382 | €2,709 | +€1,326 | +95.9% |
| Total equity and liabilities | 10/49 | €628,585 | €687,822 | +€59,237 | +9.4% |
| Equity | 10/15 | €590,339 | €461,796 | -€128,543 | -21.8% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €540,760 | €412,217 | -€128,543 | -23.8% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €535,802 | €407,259 | -€128,543 | -24.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,246 | €226,026 | +€187,780 | +491% |
| Amounts payable within one year | 42/48 | €36,316 | €226,026 | +€189,709 | +522% |
| Current portion of amounts payable after more than one year | 42 | - | €12,461 | +€12,461 | |
| Financial debts | 43 | €5,079 | - | -€5,079 | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €5,079 | - | -€5,079 | |
| Trade debts | 44 | €11,396 | €9,562 | -€1,833 | -16.1% |
| Suppliers | 440/4 | €11,396 | €9,562 | -€1,833 | -16.1% |
| Taxes, remuneration and social security | 45 | €18,176 | €12,568 | -€5,608 | -30.9% |
| Taxes | 450/3 | €18,176 | €12,568 | -€5,608 | -30.9% |
| Other amounts payable | 47/48 | €1,666 | €191,435 | +€189,769 | +11,391% |
| Accrued charges and deferred income | 492/3 | €1,930 | €0 | -€1,930 | -100% |
| Non-recurring operating income | 76A | €77 | €0 | -€77 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,744 | €7,136 | +€1,392 | +24.2% |
| Other operating charges | 640/8 | €1,590 | €1,000 | -€590 | -37.1% |
| Non-recurring operating charges | 66A | €545 | €0 | -€545 | -100% |
| Gross operating margin | 9900 | €67,752 | €46,933 | -€20,818 | -30.7% |
| Operating profit (loss) | 9901 | €59,873 | €38,797 | -€21,076 | -35.2% |
| Financial income | 75/76B | €36,946 | €45,606 | +€8,660 | +23.4% |
| Recurring financial income | 75 | €36,946 | €45,606 | +€8,660 | +23.4% |
| Financial charges | 65/66B | €473 | €178 | -€295 | -62.4% |
| Recurring financial charges | 65 | €473 | €178 | -€295 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €96,346 | €84,225 | -€12,121 | -12.6% |
| Income taxes | 67/77 | €25,062 | €21,333 | -€3,729 | -14.9% |
| Profit (loss) for the period | 9904 | €71,284 | €62,892 | -€8,392 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,284 | €62,892 | -€8,392 | -11.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.