KCL TECHNICS: 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.
KCL TECHNICS
Largest movements
- Cash +€13,385
up €13,385 (+18.2%), from €73,667 to €87,052
mainly Net result for the year (+€13,075) and Receivables within one year (+€7,871)
- Receivables within one year -€7,871
down €7,871 (-45.6%), from €17,252 to €9,382
of which Trade receivables: -€8,269
- Deferred charges and accrued income +€7,292
new in 2024: €7,292
- Stocks and contracts -€3,943
down €3,943 (-100.0%), from €3,943 to €0
- Profit (loss) carried forward +€13,075
up €13,075 (+25.1%), from €52,165 to €65,241
- Tax, wage and social debts -€2,596
down €2,596 (-25.7%), from €10,088 to €7,491
- Other debts -€2,035
down €2,035 (-60.8%), from €3,349 to €1,314
- Gross operating margin -€49,573
down €49,573 (-69.3%), from €71,522 to €21,949
- Taxes -€9,792
down €9,792 (-71.5%), from €13,688 to €3,896
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,208 | €116,405 | +€9,197 | +8.6% |
| Fixed assets | 21/28 | €12,346 | €12,680 | +€334 | +2.7% |
| Tangible fixed assets | 22/27 | €12,346 | €12,680 | +€334 | +2.7% |
| Plant, machinery and equipment | 23 | €6,120 | €7,293 | +€1,173 | +19.2% |
| Furniture and vehicles | 24 | €6,227 | €5,387 | -€839 | -13.5% |
| Current assets | 29/58 | €94,862 | €103,725 | +€8,863 | +9.3% |
| Stocks and contracts in progress | 3 | €3,943 | €0 | -€3,943 | -100.0% |
| Stocks | 30/36 | €3,943 | €0 | -€3,943 | -100.0% |
| Amounts receivable within one year | 40/41 | €17,252 | €9,382 | -€7,871 | -45.6% |
| Trade receivables | 40 | €17,046 | €8,777 | -€8,269 | -48.5% |
| Other amounts receivable | 41 | €206 | €604 | +€398 | +192.8% |
| Cash at bank and in hand | 54/58 | €73,667 | €87,052 | +€13,385 | +18.2% |
| Deferred charges and accrued income | 490/1 | - | €7,292 | +€7,292 | |
| Total equity and liabilities | 10/49 | €107,208 | €116,405 | +€9,197 | +8.6% |
| Equity | 10/15 | €93,358 | €106,434 | +€13,075 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,593 | €22,593 | = | 0.0% |
| Distributable reserves | 133 | €22,593 | €22,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,165 | €65,241 | +€13,075 | +25.1% |
| Amounts payable | 17/49 | €13,850 | €9,972 | -€3,878 | -28.0% |
| Amounts payable within one year | 42/48 | €13,600 | €9,972 | -€3,628 | -26.7% |
| Trade debts | 44 | €163 | €1,167 | +€1,004 | +615.3% |
| Suppliers | 440/4 | €163 | €1,167 | +€1,004 | +615.3% |
| Taxes, remuneration and social security | 45 | €10,088 | €7,491 | -€2,596 | -25.7% |
| Taxes | 450/3 | €10,088 | €7,491 | -€2,596 | -25.7% |
| Other amounts payable | 47/48 | €3,349 | €1,314 | -€2,035 | -60.8% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,486 | €3,885 | -€601 | -13.4% |
| Other operating charges | 640/8 | €1,053 | €967 | -€86 | -8.2% |
| Gross operating margin | 9900 | €71,522 | €21,949 | -€49,573 | -69.3% |
| Operating profit (loss) | 9901 | €65,983 | €17,097 | -€48,886 | -74.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €130 | €126 | -€4 | -3.0% |
| Recurring financial charges | 65 | €130 | €126 | -€4 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €65,853 | €16,971 | -€48,882 | -74.2% |
| Income taxes | 67/77 | €13,688 | €3,896 | -€9,792 | -71.5% |
| Profit (loss) for the period | 9904 | €52,165 | €13,075 | -€39,090 | -74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,165 | €13,075 | -€39,090 | -74.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.