KC Development: 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 Development
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€7,808
down €7,808 (-29.3%), from €26,693 to €18,885
- Tax, wage and social debts -€7,114
down €7,114 (-83.9%), from €8,482 to €1,367
- Reserves +€6,000
up €6,000 (+75.0%), from €8,000 to €14,000
- Trade debts +€3,190
up €3,190 (+30.2%), from €10,566 to €13,756
- Profit (loss) carried forward +€2,772
up €2,772 (+3.8%), from €72,646 to €75,417
- Gross operating margin +€17,796
up €17,796, from -€10,708 to €7,088
- Financial income +€3,009
up €3,009 (+123.1%), from €2,444 to €5,453
- Depreciation -€838
down €838 (-41.2%), from €2,035 to €1,196
- Taxes +€830
up €830 (+756.0%), from €110 to €940
- Other operating charges -€507
no longer reported in 2024 (was €507)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,745 | €172,234 | -€2,512 | -1.4% |
| Fixed assets | 21/28 | €7,257 | €6,061 | -€1,196 | -16.5% |
| Tangible fixed assets | 22/27 | €7,257 | €6,061 | -€1,196 | -16.5% |
| Furniture and vehicles | 24 | €2,106 | €1,588 | -€518 | -24.6% |
| Other tangible fixed assets | 26 | €5,150 | €4,472 | -€678 | -13.2% |
| Current assets | 29/58 | €167,489 | €166,173 | -€1,316 | -0.8% |
| Amounts receivable within one year | 40/41 | €145,092 | €144,145 | -€947 | -0.7% |
| Trade receivables | 40 | €38,399 | €35,982 | -€2,417 | -6.3% |
| Other amounts receivable | 41 | €106,694 | €108,164 | +€1,470 | +1.4% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €896 | €528 | -€368 | -41.1% |
| Deferred charges and accrued income | 490/1 | €1,500 | €1,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €174,745 | €172,234 | -€2,512 | -1.4% |
| Equity | 10/15 | €120,646 | €129,417 | +€8,772 | +7.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €14,000 | +€6,000 | +75.0% |
| Distributable reserves | 133 | €8,000 | €14,000 | +€6,000 | +75.0% |
| Profit (loss) carried forward | 14 | €72,646 | €75,417 | +€2,772 | +3.8% |
| Amounts payable | 17/49 | €54,100 | €42,816 | -€11,283 | -20.9% |
| Amounts payable after more than one year | 17 | €26,693 | €18,885 | -€7,808 | -29.3% |
| Financial debts | 170/4 | €26,693 | €18,885 | -€7,808 | -29.3% |
| Amounts payable within one year | 42/48 | €27,406 | €23,931 | -€3,475 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €7,359 | €7,808 | +€449 | +6.1% |
| Trade debts | 44 | €10,566 | €13,756 | +€3,190 | +30.2% |
| Suppliers | 440/4 | €10,566 | €13,756 | +€3,190 | +30.2% |
| Taxes, remuneration and social security | 45 | €8,482 | €1,367 | -€7,114 | -83.9% |
| Taxes | 450/3 | €8,482 | €1,367 | -€7,114 | -83.9% |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | €1,161 | - | -€1,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,035 | €1,196 | -€838 | -41.2% |
| Other operating charges | 640/8 | €507 | - | -€507 | |
| Gross operating margin | 9900 | -€10,708 | €7,088 | +€17,796 | |
| Operating profit (loss) | 9901 | -€13,250 | €5,892 | +€19,142 | |
| Financial income | 75/76B | €2,444 | €5,453 | +€3,009 | +123.1% |
| Recurring financial income | 75 | €2,444 | €5,453 | +€3,009 | +123.1% |
| Financial charges | 65/66B | €1,398 | €1,633 | +€235 | +16.8% |
| Recurring financial charges | 65 | €1,398 | €1,633 | +€235 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,204 | €9,712 | +€21,916 | |
| Income taxes | 67/77 | €110 | €940 | +€830 | +756.0% |
| Profit (loss) for the period | 9904 | -€12,314 | €8,772 | +€21,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,314 | €8,772 | +€21,086 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.