KCHC: 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.
KCHC
Largest movements
- Receivables within one year +€29,593
up €29,593 (+23.8%), from €124,293 to €153,887
of which Trade receivables: +€20,075
- Tangible fixed assets -€23,301
down €23,301 (-6.2%), from €372,895 to €349,594
- Deferred charges and accrued income -€17,684
down €17,684 (-84.1%), from €21,020 to €3,336
- Cash -€6,647
down €6,647 (-42.8%), from €15,546 to €8,899
mainly Receivables within one year (-€29,593) and Debts after one year (-€26,620)
- Debts after one year -€26,620
down €26,620 (-11.8%), from €226,170 to €199,549
- Reserves +€16,882
up €16,882 (+12.6%), from €134,130 to €151,012
of which Distributable reserves: +€16,882
- Other debts -€8,762
down €8,762 (-7.6%), from €115,537 to €106,775
- Tax, wage and social debts -€8,306
down €8,306 (-83.6%), from €9,936 to €1,630
- Gross operating margin +€22,236
up €22,236 (+67.4%), from €33,014 to €55,250
- Taxes +€4,329
up €4,329 (+187.3%), from €2,311 to €6,640
- Financial charges +€766
up €766 (+12.8%), from €6,006 to €6,772
- Other operating charges +€676
up €676 (+66.9%), from €1,012 to €1,688
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 | €588,755 | €570,716 | -€18,039 | -3.1% |
| Fixed assets | 21/28 | €427,895 | €404,594 | -€23,301 | -5.4% |
| Tangible fixed assets | 22/27 | €372,895 | €349,594 | -€23,301 | -6.2% |
| Land and buildings | 22 | €321,962 | €312,962 | -€9,000 | -2.8% |
| Plant, machinery and equipment | 23 | €43,172 | €31,771 | -€11,401 | -26.4% |
| Furniture and vehicles | 24 | €3,860 | €2,938 | -€922 | -23.9% |
| Leasing and similar rights | 25 | €3,901 | €1,924 | -€1,978 | -50.7% |
| Financial fixed assets | 28 | €55,000 | €55,000 | = | 0.0% |
| Current assets | 29/58 | €160,860 | €166,122 | +€5,262 | +3.3% |
| Amounts receivable within one year | 40/41 | €124,293 | €153,887 | +€29,593 | +23.8% |
| Trade receivables | 40 | €96,253 | €116,328 | +€20,075 | +20.9% |
| Other amounts receivable | 41 | €28,041 | €37,559 | +€9,519 | +33.9% |
| Cash at bank and in hand | 54/58 | €15,546 | €8,899 | -€6,647 | -42.8% |
| Deferred charges and accrued income | 490/1 | €21,020 | €3,336 | -€17,684 | -84.1% |
| Total equity and liabilities | 10/49 | €588,755 | €570,716 | -€18,039 | -3.1% |
| Equity | 10/15 | €152,730 | €169,612 | +€16,882 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,130 | €151,012 | +€16,882 | +12.6% |
| Tax-exempt reserves | 132 | €3,316 | €3,316 | = | 0.0% |
| Distributable reserves | 133 | €130,815 | €147,696 | +€16,882 | +12.9% |
| Amounts payable | 17/49 | €436,024 | €401,104 | -€34,921 | -8.0% |
| Amounts payable after more than one year | 17 | €226,170 | €199,549 | -€26,620 | -11.8% |
| Financial debts | 170/4 | €226,170 | €199,549 | -€26,620 | -11.8% |
| Amounts payable within one year | 42/48 | €209,855 | €201,554 | -€8,301 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €29,603 | €33,119 | +€3,516 | +11.9% |
| Trade debts | 44 | €54,779 | €60,030 | +€5,252 | +9.6% |
| Suppliers | 440/4 | €54,779 | €60,030 | +€5,252 | +9.6% |
| Taxes, remuneration and social security | 45 | €9,936 | €1,630 | -€8,306 | -83.6% |
| Taxes | 450/3 | €9,936 | €1,630 | -€8,306 | -83.6% |
| Other amounts payable | 47/48 | €115,537 | €106,775 | -€8,762 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,531 | €23,301 | -€230 | -1.0% |
| Other operating charges | 640/8 | €1,012 | €1,688 | +€676 | +66.9% |
| Gross operating margin | 9900 | €33,014 | €55,250 | +€22,236 | +67.4% |
| Operating profit (loss) | 9901 | €8,471 | €30,261 | +€21,790 | +257.2% |
| Financial income | 75/76B | €86 | €34 | -€52 | -60.2% |
| Recurring financial income | 75 | €86 | €34 | -€52 | -60.2% |
| Financial charges | 65/66B | €6,006 | €6,772 | +€766 | +12.8% |
| Recurring financial charges | 65 | €6,006 | €6,772 | +€766 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €2,550 | €23,522 | +€20,972 | +822.5% |
| Income taxes | 67/77 | €2,311 | €6,640 | +€4,329 | +187.3% |
| Profit (loss) for the period | 9904 | €239 | €16,882 | +€16,643 | +6967.7% |
| Profit (loss) for the period to be appropriated | 9905 | €239 | €16,882 | +€16,643 | +6967.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.