KD SERVICE: 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.
KD SERVICE
Largest movements
- Cash +€70,028
up €70,028 (+178%), from €39,240 to €109,268
mainly Trade debts (+€33,779) and Other debts (+€30,695)
- Receivables within one year +€35,123
up €35,123 (+69.2%), from €50,729 to €85,851
of which Trade receivables: +€37,579
- Deferred charges and accrued income -€2,804
down €2,804 (-100%), from €2,804 to €0
- Trade debts +€33,779
up €33,779 (+103%), from €32,726 to €66,505
- Other debts +€30,695
up €30,695 (+201%), from €15,249 to €45,944
- Tax, wage and social debts +€25,655
up €25,655 (+244%), from €10,526 to €36,182
of which Taxes: +€12,963
- Reserves +€17,110
up €17,110 (+44.5%), from €38,428 to €55,538
of which Distributable reserves: +€17,110
- Debts after one year -€6,479
down €6,479 (-66.1%), from €9,809 to €3,330
- Gross operating margin +€135,891
up €135,891 (+93.2%), from €145,867 to €281,758
- Staff costs +€67,821
up €67,821 (+52.7%), from €128,747 to €196,568
- Other operating charges +€19,719
up €19,719 (+589%), from €3,346 to €23,065
- Taxes +€15,058
up €15,058 (+856%), from €1,759 to €16,817
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 | €131,584 | €234,473 | +€102,889 | +78.2% |
| Fixed assets | 21/28 | €38,811 | €39,353 | +€542 | +1.4% |
| Tangible fixed assets | 22/27 | €38,651 | €39,193 | +€542 | +1.4% |
| Plant, machinery and equipment | 23 | €251 | €0 | -€251 | -100% |
| Furniture and vehicles | 24 | €38,400 | €39,193 | +€793 | +2.1% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €92,773 | €195,120 | +€102,347 | +110% |
| Amounts receivable within one year | 40/41 | €50,729 | €85,851 | +€35,123 | +69.2% |
| Trade receivables | 40 | €48,272 | €85,851 | +€37,579 | +77.8% |
| Other amounts receivable | 41 | €2,456 | €0 | -€2,456 | -100% |
| Cash at bank and in hand | 54/58 | €39,240 | €109,268 | +€70,028 | +178% |
| Deferred charges and accrued income | 490/1 | €2,804 | €0 | -€2,804 | -100% |
| Total equity and liabilities | 10/49 | €131,584 | €234,473 | +€102,889 | +78.2% |
| Equity | 10/15 | €57,028 | €74,138 | +€17,110 | +30.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,428 | €55,538 | +€17,110 | +44.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €38,428 | €55,538 | +€17,110 | +44.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €74,555 | €160,334 | +€85,779 | +115% |
| Amounts payable after more than one year | 17 | €9,809 | €3,330 | -€6,479 | -66.1% |
| Financial debts | 170/4 | €9,809 | €3,330 | -€6,479 | -66.1% |
| Amounts payable within one year | 42/48 | €64,746 | €155,110 | +€90,364 | +140% |
| Current portion of amounts payable after more than one year | 42 | €6,245 | €6,479 | +€234 | +3.8% |
| Trade debts | 44 | €32,726 | €66,505 | +€33,779 | +103% |
| Suppliers | 440/4 | €32,726 | €66,505 | +€33,779 | +103% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,526 | €36,182 | +€25,655 | +244% |
| Taxes | 450/3 | €1,057 | €14,021 | +€12,963 | +1,226% |
| Remuneration and social security | 454/9 | €9,469 | €22,161 | +€12,692 | +134% |
| Other amounts payable | 47/48 | €15,249 | €45,944 | +€30,695 | +201% |
| Accrued charges and deferred income | 492/3 | - | €1,894 | +€1,894 | |
| Non-recurring operating income | 76A | €0 | €2,893 | +€2,893 | |
| Remuneration, social security and pensions | 62 | €128,747 | €196,568 | +€67,821 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,080 | €12,136 | +€2,056 | +20.4% |
| Other operating charges | 640/8 | €3,346 | €23,065 | +€19,719 | +589% |
| Gross operating margin | 9900 | €145,867 | €281,758 | +€135,891 | +93.2% |
| Operating profit (loss) | 9901 | €3,694 | €49,989 | +€46,294 | +1,253% |
| Financial income | 75/76B | €236 | €59 | -€177 | -75.0% |
| Recurring financial income | 75 | €236 | €59 | -€177 | -75.0% |
| Financial charges | 65/66B | €1,807 | €2,984 | +€1,176 | +65.1% |
| Recurring financial charges | 65 | €1,807 | €2,984 | +€1,176 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €2,123 | €47,064 | +€44,941 | +2,116% |
| Income taxes | 67/77 | €1,759 | €16,817 | +€15,058 | +856% |
| Profit (loss) for the period | 9904 | €365 | €30,247 | +€29,883 | +8,196% |
| Profit (loss) for the period to be appropriated | 9905 | €365 | €30,247 | +€29,883 | +8,196% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.