KCK GROUP: 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.
KCK GROUP
Largest movements
- Cash +€1,968
up €1,968 (+467%), from €421 to €2,389
mainly Other debts (+€18,022) and Receivables within one year (+€1,913)
- Receivables within one year -€1,913
down €1,913 (-2.9%), from €65,242 to €63,328
of which Trade receivables: -€1,576
- Tangible fixed assets -€1,908
down €1,908 (-4.1%), from €46,358 to €44,450
of which Land and buildings: -€1,715
- Deferred charges and accrued income -€1,509
down €1,509 (-95.9%), from €1,574 to €65
- Other debts +€18,022
up €18,022 (+12.8%), from €140,472 to €158,494
- Profit (loss) carried forward -€14,947
down €14,947 (-20.2%), from -€73,895 to -€88,842
- Trade debts -€6,437
down €6,437 (-80.2%), from €8,023 to €1,586
- Gross operating margin -€37,210
down €37,210, from €24,548 to -€12,662
- Depreciation -€617
down €617 (-24.4%), from €2,525 to €1,908
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 | €113,755 | €110,393 | -€3,362 | -3.0% |
| Fixed assets | 21/28 | €46,518 | €44,610 | -€1,908 | -4.1% |
| Tangible fixed assets | 22/27 | €46,358 | €44,450 | -€1,908 | -4.1% |
| Land and buildings | 22 | €46,165 | €44,450 | -€1,715 | -3.7% |
| Plant, machinery and equipment | 23 | €39 | - | -€39 | |
| Furniture and vehicles | 24 | €154 | - | -€154 | |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €67,237 | €65,782 | -€1,455 | -2.2% |
| Amounts receivable within one year | 40/41 | €65,242 | €63,328 | -€1,913 | -2.9% |
| Trade receivables | 40 | €1,947 | €371 | -€1,576 | -81.0% |
| Other amounts receivable | 41 | €63,295 | €62,957 | -€337 | -0.5% |
| Cash at bank and in hand | 54/58 | €421 | €2,389 | +€1,968 | +467% |
| Deferred charges and accrued income | 490/1 | €1,574 | €65 | -€1,509 | -95.9% |
| Total equity and liabilities | 10/49 | €113,755 | €110,393 | -€3,362 | -3.0% |
| Equity | 10/15 | -€34,740 | -€49,687 | -€14,947 | -43.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €20,605 | €20,605 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | -€73,895 | -€88,842 | -€14,947 | -20.2% |
| Amounts payable | 17/49 | €148,495 | €160,080 | +€11,585 | +7.8% |
| Amounts payable within one year | 42/48 | €148,495 | €160,080 | +€11,585 | +7.8% |
| Trade debts | 44 | €8,023 | €1,586 | -€6,437 | -80.2% |
| Suppliers | 440/4 | €8,023 | €1,586 | -€6,437 | -80.2% |
| Other amounts payable | 47/48 | €140,472 | €158,494 | +€18,022 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,525 | €1,908 | -€617 | -24.4% |
| Other operating charges | 640/8 | €359 | €319 | -€40 | -11.2% |
| Gross operating margin | 9900 | €24,548 | -€12,662 | -€37,210 | |
| Operating profit (loss) | 9901 | €21,664 | -€14,888 | -€36,553 | |
| Financial charges | 65/66B | €92 | €59 | -€34 | -36.7% |
| Recurring financial charges | 65 | €92 | €59 | -€34 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €21,572 | -€14,947 | -€36,519 | |
| Profit (loss) for the period | 9904 | €21,572 | -€14,947 | -€36,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,572 | -€14,947 | -€36,519 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.