kc electronics: 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.
kc electronics
Largest movements
- Stocks and contracts +€33,923
up €33,923 (+20.0%), from €169,754 to €203,677
of which Contracts in progress: +€33,923
- Cash -€21,211
down €21,211 (-62.8%), from €33,791 to €12,579
mainly Stocks and contracts (-€33,923) and Net result for the year (-€3,961)
- Receivables within one year -€14,129
down €14,129 (-41.6%), from €33,930 to €19,801
of which Trade receivables: -€13,826
- Deferred charges and accrued income -€3,487
down €3,487 (-47.7%), from €7,304 to €3,817
- Tangible fixed assets -€3,171
down €3,171 (-24.1%), from €13,159 to €9,988
of which Furniture and vehicles: -€2,107
- Reserves -€3,961
down €3,961 (-5.1%), from €78,329 to €74,368
- Trade debts -€3,020
down €3,020 (-29.0%), from €10,398 to €7,377
- Other operating charges +€17,273
up €17,273 (+1895.4%), from €911 to €18,184
- Gross operating margin +€12,002
up €12,002 (+161.3%), from €7,443 to €19,444
- Taxes -€418
down €418 (-100.0%), from €418 to €0
- Depreciation +€250
up €250 (+5.1%), from €4,921 to €5,171
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 | €257,937 | €249,862 | -€8,075 | -3.1% |
| Fixed assets | 21/28 | €13,159 | €9,988 | -€3,171 | -24.1% |
| Tangible fixed assets | 22/27 | €13,159 | €9,988 | -€3,171 | -24.1% |
| Plant, machinery and equipment | 23 | €1,714 | €650 | -€1,064 | -62.1% |
| Furniture and vehicles | 24 | €11,445 | €9,338 | -€2,107 | -18.4% |
| Current assets | 29/58 | €244,778 | €239,874 | -€4,904 | -2.0% |
| Stocks and contracts in progress | 3 | €169,754 | €203,677 | +€33,923 | +20.0% |
| Stocks | 30/36 | €97,000 | €97,000 | = | 0.0% |
| Contracts in progress | 37 | €72,754 | €106,677 | +€33,923 | +46.6% |
| Amounts receivable within one year | 40/41 | €33,930 | €19,801 | -€14,129 | -41.6% |
| Trade receivables | 40 | €31,208 | €17,383 | -€13,826 | -44.3% |
| Other amounts receivable | 41 | €2,721 | €2,418 | -€304 | -11.2% |
| Cash at bank and in hand | 54/58 | €33,791 | €12,579 | -€21,211 | -62.8% |
| Deferred charges and accrued income | 490/1 | €7,304 | €3,817 | -€3,487 | -47.7% |
| Total equity and liabilities | 10/49 | €257,937 | €249,862 | -€8,075 | -3.1% |
| Equity | 10/15 | €96,929 | €92,968 | -€3,961 | -4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,329 | €74,368 | -€3,961 | -5.1% |
| Distributable reserves | 133 | €78,329 | €74,368 | -€3,961 | -5.1% |
| Amounts payable | 17/49 | €161,009 | €156,895 | -€4,114 | -2.6% |
| Amounts payable after more than one year | 17 | €78,000 | €78,000 | = | 0.0% |
| Other amounts payable | 178/9 | €78,000 | €78,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €83,009 | €78,895 | -€4,114 | -5.0% |
| Trade debts | 44 | €10,398 | €7,377 | -€3,020 | -29.0% |
| Suppliers | 440/4 | €10,398 | €7,377 | -€3,020 | -29.0% |
| Taxes, remuneration and social security | 45 | €4,264 | €2,750 | -€1,514 | -35.5% |
| Taxes | 450/3 | €2,264 | €750 | -€1,514 | -66.9% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €68,347 | €68,767 | +€420 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,921 | €5,171 | +€250 | +5.1% |
| Other operating charges | 640/8 | €911 | €18,184 | +€17,273 | +1895.4% |
| Non-recurring operating charges | 66A | €176 | €0 | -€176 | -100.0% |
| Gross operating margin | 9900 | €7,443 | €19,444 | +€12,002 | +161.3% |
| Operating profit (loss) | 9901 | €1,435 | -€3,910 | -€5,345 | |
| Financial income | 75/76B | €94 | €83 | -€11 | -11.8% |
| Recurring financial income | 75 | €94 | €83 | -€11 | -11.8% |
| Financial charges | 65/66B | €154 | €133 | -€21 | -13.5% |
| Recurring financial charges | 65 | €154 | €133 | -€21 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €1,374 | -€3,961 | -€5,335 | |
| Income taxes | 67/77 | €418 | €0 | -€418 | -100.0% |
| Profit (loss) for the period | 9904 | €956 | -€3,961 | -€4,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €956 | -€3,961 | -€4,917 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.