KC Solutions: 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 Solutions
Largest movements
- Current investments -€152,793
down €152,793 (-14.8%), from €1.0m to €880,524
- Cash +€84,587
up €84,587 (+48.2%), from €175,614 to €260,201
mainly Other debts (+€319,923) and Net result for the year (+€230,870)
- Tangible fixed assets -€58,365
down €58,365 (-3.0%), from €2.0m to €1.9m
of which Land and buildings: -€57,736
- Reserves -€392,930
down €392,930 (-17.7%), from €2.2m to €1.8m
of which Distributable reserves: -€383,000
- Other debts +€319,923
up €319,923 (+105.3%), from €303,846 to €623,768
- Current portion of long-term debt -€49,704
down €49,704 (-62.2%), from €79,931 to €30,227
- Gross operating margin +€140,043
up €140,043 (+70.9%), from €197,554 to €337,597
- Taxes +€55,738
up €55,738 (+113.0%), from €49,329 to €105,066
- Financial income +€34,104
up €34,104 (+64.2%), from €53,093 to €87,196
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 | €3,188,647 | €3,052,430 | -€136,216 | -4.3% |
| Fixed assets | 21/28 | €1,951,568 | €1,893,202 | -€58,365 | -3.0% |
| Tangible fixed assets | 22/27 | €1,951,568 | €1,893,202 | -€58,365 | -3.0% |
| Land and buildings | 22 | €1,923,080 | €1,865,344 | -€57,736 | -3.0% |
| Plant, machinery and equipment | 23 | €4,523 | €12,850 | +€8,328 | +184.1% |
| Furniture and vehicles | 24 | €23,965 | €15,008 | -€8,957 | -37.4% |
| Current assets | 29/58 | €1,237,079 | €1,159,228 | -€77,851 | -6.3% |
| Amounts receivable within one year | 40/41 | €14,135 | €4,766 | -€9,369 | -66.3% |
| Trade receivables | 40 | €4,540 | €4,765 | +€224 | +4.9% |
| Other amounts receivable | 41 | €9,594 | €2 | -€9,593 | -100.0% |
| Current investments | 50/53 | €1,033,318 | €880,524 | -€152,793 | -14.8% |
| Cash at bank and in hand | 54/58 | €175,614 | €260,201 | +€84,587 | +48.2% |
| Deferred charges and accrued income | 490/1 | €14,013 | €13,737 | -€276 | -2.0% |
| Total equity and liabilities | 10/49 | €3,188,647 | €3,052,430 | -€136,216 | -4.3% |
| Equity | 10/15 | €2,240,531 | €1,847,735 | -€392,796 | -17.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,214,734 | €1,821,805 | -€392,930 | -17.7% |
| Tax-exempt reserves | 132 | €176,834 | €166,905 | -€9,930 | -5.6% |
| Distributable reserves | 133 | €2,037,900 | €1,654,900 | -€383,000 | -18.8% |
| Profit (loss) carried forward | 14 | €797 | €930 | +€134 | +16.8% |
| Provisions and deferred taxes | 16 | €91,056 | €85,943 | -€5,113 | -5.6% |
| Deferred taxes | 168 | €91,056 | €85,943 | -€5,113 | -5.6% |
| Amounts payable | 17/49 | €857,059 | €1,118,752 | +€261,693 | +30.5% |
| Amounts payable after more than one year | 17 | €454,289 | €424,062 | -€30,227 | -6.7% |
| Financial debts | 170/4 | €454,289 | €424,062 | -€30,227 | -6.7% |
| Amounts payable within one year | 42/48 | €402,770 | €694,690 | +€291,920 | +72.5% |
| Current portion of amounts payable after more than one year | 42 | €79,931 | €30,227 | -€49,704 | -62.2% |
| Trade debts | 44 | €1,425 | €1,881 | +€455 | +31.9% |
| Suppliers | 440/4 | €1,425 | €1,881 | +€455 | +31.9% |
| Taxes, remuneration and social security | 45 | €17,568 | €38,814 | +€21,246 | +120.9% |
| Taxes | 450/3 | €16,575 | €38,814 | +€22,239 | +134.2% |
| Remuneration and social security | 454/9 | €993 | - | -€993 | |
| Other amounts payable | 47/48 | €303,846 | €623,768 | +€319,923 | +105.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,789 | €68,420 | -€369 | -0.5% |
| Other operating charges | 640/8 | €12,338 | €11,870 | -€467 | -3.8% |
| Gross operating margin | 9900 | €197,554 | €337,597 | +€140,043 | +70.9% |
| Operating profit (loss) | 9901 | €116,427 | €257,306 | +€140,879 | +121.0% |
| Financial income | 75/76B | €53,093 | €87,196 | +€34,104 | +64.2% |
| Recurring financial income | 75 | €53,093 | €87,196 | +€34,104 | +64.2% |
| Financial charges | 65/66B | €16,446 | €13,679 | -€2,767 | -16.8% |
| Recurring financial charges | 65 | €16,446 | €13,679 | -€2,767 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €153,073 | €330,823 | +€177,750 | +116.1% |
| Transfer from deferred taxes | 780 | €5,113 | €5,113 | = | 0.0% |
| Income taxes | 67/77 | €49,329 | €105,066 | +€55,738 | +113.0% |
| Profit (loss) for the period | 9904 | €108,858 | €230,870 | +€122,012 | +112.1% |
| Transfer from tax-exempt reserves | 789 | €9,930 | €9,930 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €118,787 | €240,800 | +€122,012 | +102.7% |
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 7 October 2026 via checked.be.