KDC & PARTNERS SERVICES: 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.
KDC & PARTNERS SERVICES
Largest movements
- Cash +€12,337
up €12,337 (+153%), from €8,074 to €20,411
mainly Net result for the year (+€13,574) and Tax, wage and social debts (+€7,962)
- Deferred charges and accrued income +€11,009
up €11,009 (+1,262%), from €872 to €11,881
- Receivables within one year -€3,513
down €3,513 (-17.0%), from €20,641 to €17,128
- Tangible fixed assets -€1,716
down €1,716 (-31.5%), from €5,440 to €3,724
of which Land and buildings: -€1,198
- Profit (loss) carried forward +€13,574
up €13,574, from -€707 to €12,867
- Tax, wage and social debts +€7,962
up €7,962 (+49.8%), from €15,990 to €23,952
of which Remuneration and social security: +€4,717
- Trade debts -€3,754
down €3,754 (-88.4%), from €4,244 to €490
- Gross operating margin +€10,690
up €10,690 (+12.9%), from €82,564 to €93,254
- Staff costs +€7,878
up €7,878 (+12.3%), from €63,962 to €71,840
- Taxes +€3,443
up €3,443 (+191%), from €1,806 to €5,249
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 | €35,027 | €53,143 | +€18,116 | +51.7% |
| Fixed assets | 21/28 | €5,440 | €3,724 | -€1,716 | -31.5% |
| Tangible fixed assets | 22/27 | €5,440 | €3,724 | -€1,716 | -31.5% |
| Land and buildings | 22 | €4,462 | €3,264 | -€1,198 | -26.9% |
| Furniture and vehicles | 24 | €978 | €460 | -€518 | -52.9% |
| Current assets | 29/58 | €29,587 | €49,419 | +€19,832 | +67.0% |
| Amounts receivable within one year | 40/41 | €20,641 | €17,128 | -€3,513 | -17.0% |
| Trade receivables | 40 | €20,641 | €17,128 | -€3,513 | -17.0% |
| Cash at bank and in hand | 54/58 | €8,074 | €20,411 | +€12,337 | +153% |
| Deferred charges and accrued income | 490/1 | €872 | €11,881 | +€11,009 | +1,262% |
| Total equity and liabilities | 10/49 | €35,027 | €53,143 | +€18,116 | +51.7% |
| Equity | 10/15 | €14,793 | €28,367 | +€13,574 | +91.8% |
| Contributions | 10/11 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€707 | €12,867 | +€13,574 | |
| Amounts payable | 17/49 | €20,234 | €24,776 | +€4,542 | +22.4% |
| Amounts payable within one year | 42/48 | €20,234 | €24,776 | +€4,542 | +22.4% |
| Trade debts | 44 | €4,244 | €490 | -€3,754 | -88.4% |
| Suppliers | 440/4 | €4,244 | €490 | -€3,754 | -88.4% |
| Taxes, remuneration and social security | 45 | €15,990 | €23,952 | +€7,962 | +49.8% |
| Taxes | 450/3 | €6,273 | €9,518 | +€3,245 | +51.7% |
| Remuneration and social security | 454/9 | €9,717 | €14,434 | +€4,717 | +48.5% |
| Other amounts payable | 47/48 | - | €334 | +€334 | |
| Remuneration, social security and pensions | 62 | €63,962 | €71,840 | +€7,878 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,717 | €1,716 | -€1 | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €391 | - | -€391 | |
| Other operating charges | 640/8 | €387 | €600 | +€213 | +55.0% |
| Gross operating margin | 9900 | €82,564 | €93,254 | +€10,690 | +12.9% |
| Operating profit (loss) | 9901 | €16,107 | €19,097 | +€2,990 | +18.6% |
| Financial charges | 65/66B | €296 | €274 | -€22 | -7.4% |
| Recurring financial charges | 65 | €296 | €274 | -€22 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €15,811 | €18,823 | +€3,012 | +19.1% |
| Income taxes | 67/77 | €1,806 | €5,249 | +€3,443 | +191% |
| Profit (loss) for the period | 9904 | €14,005 | €13,574 | -€431 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,005 | €13,574 | -€431 | -3.1% |
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 29 October 2026 via checked.be.