KCCK-HOLDING: 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.
KCCK-HOLDING
Largest movements
- Current investments +€800,000
new in 2025: €800,000
- Receivables within one year -€330,737
down €330,737 (-17.4%), from €1.9m to €1.6m
of which Trade receivables: -€217,800
- Cash +€305,827
up €305,827 (+452%), from €67,709 to €373,536
mainly Net result for the year (+€570,135) and Receivables within one year (+€330,737)
- Financial fixed assets +€180,000
up €180,000 (+14.5%), from €1.2m to €1.4m
- Other debts +€294,173
up €294,173 (+25.9%), from €1.1m to €1.4m
- Debts after one year +€265,817
new in 2025: €265,817
- Reserves +€239,527
up €239,527 (+9.1%), from €2.6m to €2.9m
- Current portion of long-term debt +€124,013
new in 2025: €124,013
- Taxes -€48,949
down €48,949 (-49.1%), from €99,715 to €50,766
- Gross operating margin +€46,101
up €46,101 (+18.5%), from €249,737 to €295,837
- Financial charges +€24,840
up €24,840 (+37,831%), from €66 to €24,905
- Financial income -€16,608
down €16,608 (-4.0%), from €414,724 to €398,116
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 | €3,868,586 | €4,755,015 | +€886,429 | +22.9% |
| Fixed assets | 21/28 | €1,396,526 | €1,531,142 | +€134,616 | +9.6% |
| Tangible fixed assets | 22/27 | €153,950 | €108,566 | -€45,384 | -29.5% |
| Land and buildings | 22 | €23,713 | €19,270 | -€4,443 | -18.7% |
| Furniture and vehicles | 24 | €130,238 | €89,296 | -€40,942 | -31.4% |
| Financial fixed assets | 28 | €1,242,576 | €1,422,576 | +€180,000 | +14.5% |
| Current assets | 29/58 | €2,472,059 | €3,223,873 | +€751,813 | +30.4% |
| Amounts receivable after more than one year | 29 | €475,000 | €475,000 | = | 0.0% |
| Other amounts receivable | 291 | €475,000 | €475,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,906,073 | €1,575,336 | -€330,737 | -17.4% |
| Trade receivables | 40 | €217,800 | €0 | -€217,800 | -100% |
| Other amounts receivable | 41 | €1,688,273 | €1,575,336 | -€112,937 | -6.7% |
| Current investments | 50/53 | - | €800,000 | +€800,000 | |
| Cash at bank and in hand | 54/58 | €67,709 | €373,536 | +€305,827 | +452% |
| Deferred charges and accrued income | 490/1 | €23,277 | €0 | -€23,277 | -100% |
| Total equity and liabilities | 10/49 | €3,868,586 | €4,755,015 | +€886,429 | +22.9% |
| Equity | 10/15 | €2,628,507 | €2,868,034 | +€239,527 | +9.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €2,628,506 | €2,868,033 | +€239,527 | +9.1% |
| Distributable reserves | 133 | €2,628,506 | €2,868,033 | +€239,527 | +9.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,240,078 | €1,886,981 | +€646,902 | +52.2% |
| Amounts payable after more than one year | 17 | - | €265,817 | +€265,817 | |
| Financial debts | 170/4 | - | €265,817 | +€265,817 | |
| Amounts payable within one year | 42/48 | €1,240,078 | €1,621,164 | +€381,085 | +30.7% |
| Current portion of amounts payable after more than one year | 42 | - | €124,013 | +€124,013 | |
| Trade debts | 44 | €126 | €575 | +€449 | +357% |
| Suppliers | 440/4 | €126 | €575 | +€449 | +357% |
| Taxes, remuneration and social security | 45 | €105,447 | €67,897 | -€37,549 | -35.6% |
| Taxes | 450/3 | €105,447 | €67,897 | -€37,549 | -35.6% |
| Other amounts payable | 47/48 | €1,134,506 | €1,428,679 | +€294,173 | +25.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,384 | €45,384 | = | 0.0% |
| Other operating charges | 640/8 | €1,890 | €2,763 | +€873 | +46.2% |
| Gross operating margin | 9900 | €249,737 | €295,837 | +€46,101 | +18.5% |
| Operating profit (loss) | 9901 | €202,463 | €247,690 | +€45,227 | +22.3% |
| Financial income | 75/76B | €414,724 | €398,116 | -€16,608 | -4.0% |
| Recurring financial income | 75 | €414,724 | €398,116 | -€16,608 | -4.0% |
| Financial charges | 65/66B | €66 | €24,905 | +€24,840 | +37,831% |
| Recurring financial charges | 65 | €66 | €24,905 | +€24,840 | +37,831% |
| Profit (loss) for the period before taxes | 9903 | €617,121 | €620,901 | +€3,780 | +0.6% |
| Income taxes | 67/77 | €99,715 | €50,766 | -€48,949 | -49.1% |
| Profit (loss) for the period | 9904 | €517,406 | €570,135 | +€52,728 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €517,406 | €570,135 | +€52,728 | +10.2% |
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 25 October 2026 via checked.be.