KET & CO: 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.
KET & CO
Largest movements
- Deferred charges and accrued income -€30,459
down €30,459 (-87.8%), from €34,688 to €4,229
- Tangible fixed assets -€13,098
down €13,098 (-4.4%), from €296,415 to €283,316
of which Plant, machinery and equipment: -€7,225
- Receivables within one year +€3,562
up €3,562 (+38.7%), from €9,200 to €12,762
of which Trade receivables: +€5,494
- Profit (loss) carried forward -€47,013
down €47,013, from €1,919 to -€45,095
- Tax, wage and social debts -€29,158
down €29,158 (-88.6%), from €32,920 to €3,762
of which Taxes: -€28,625
- Debts after one year +€28,047
up €28,047 (+14.6%), from €191,833 to €219,880
- Other debts +€8,734
up €8,734 (+168%), from €5,191 to €13,924
- Gross operating margin -€44,116
down €44,116, from €40,060 to -€4,056
- Depreciation +€7,536
up €7,536 (+38.0%), from €19,839 to €27,375
- Taxes -€2,322
down €2,322 (-83.0%), from €2,797 to €475
- Financial charges -€1,086
down €1,086 (-16.7%), from €6,494 to €5,408
- Other operating charges +€422
up €422 (+63.9%), from €660 to €1,083
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 | €356,173 | €312,670 | -€43,502 | -12.2% |
| Fixed assets | 21/28 | €296,415 | €283,316 | -€13,098 | -4.4% |
| Tangible fixed assets | 22/27 | €296,415 | €283,316 | -€13,098 | -4.4% |
| Land and buildings | 22 | €237,718 | €236,259 | -€1,460 | -0.6% |
| Plant, machinery and equipment | 23 | €44,492 | €37,267 | -€7,225 | -16.2% |
| Furniture and vehicles | 24 | €14,205 | €9,791 | -€4,414 | -31.1% |
| Current assets | 29/58 | €59,758 | €29,354 | -€30,404 | -50.9% |
| Amounts receivable within one year | 40/41 | €9,200 | €12,762 | +€3,562 | +38.7% |
| Trade receivables | 40 | €736 | €6,230 | +€5,494 | +746% |
| Other amounts receivable | 41 | €8,464 | €6,532 | -€1,932 | -22.8% |
| Cash at bank and in hand | 54/58 | €15,870 | €12,363 | -€3,507 | -22.1% |
| Deferred charges and accrued income | 490/1 | €34,688 | €4,229 | -€30,459 | -87.8% |
| Total equity and liabilities | 10/49 | €356,173 | €312,670 | -€43,502 | -12.2% |
| Equity | 10/15 | €105,572 | €58,558 | -€47,013 | -44.5% |
| Reserves | 13 | €103,653 | €103,653 | = | 0.0% |
| Distributable reserves | 133 | €103,653 | €103,653 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,919 | -€45,095 | -€47,013 | |
| Amounts payable | 17/49 | €250,601 | €254,112 | +€3,511 | +1.4% |
| Amounts payable after more than one year | 17 | €191,833 | €219,880 | +€28,047 | +14.6% |
| Financial debts | 170/4 | €191,833 | €219,880 | +€28,047 | +14.6% |
| Amounts payable within one year | 42/48 | €55,868 | €34,132 | -€21,736 | -38.9% |
| Current portion of amounts payable after more than one year | 42 | €13,364 | €13,659 | +€294 | +2.2% |
| Trade debts | 44 | €4,392 | €2,786 | -€1,606 | -36.6% |
| Suppliers | 440/4 | €4,392 | €2,786 | -€1,606 | -36.6% |
| Advances received on contracts in progress | 46 | €0 | - | -€0 | |
| Taxes, remuneration and social security | 45 | €32,920 | €3,762 | -€29,158 | -88.6% |
| Taxes | 450/3 | €31,461 | €2,836 | -€28,625 | -91.0% |
| Remuneration and social security | 454/9 | €1,460 | €927 | -€533 | -36.5% |
| Other amounts payable | 47/48 | €5,191 | €13,924 | +€8,734 | +168% |
| Accrued charges and deferred income | 492/3 | €2,900 | €100 | -€2,800 | -96.6% |
| Non-recurring operating income | 76A | €1,272 | - | -€1,272 | |
| Remuneration, social security and pensions | 62 | €8,386 | €8,640 | +€254 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,839 | €27,375 | +€7,536 | +38.0% |
| Other operating charges | 640/8 | €660 | €1,083 | +€422 | +63.9% |
| Gross operating margin | 9900 | €40,060 | -€4,056 | -€44,116 | |
| Operating profit (loss) | 9901 | €11,175 | -€41,153 | -€52,328 | |
| Financial income | 75/76B | €34 | €23 | -€11 | -33.0% |
| Recurring financial income | 75 | €34 | €23 | -€11 | -33.0% |
| Financial charges | 65/66B | €6,494 | €5,408 | -€1,086 | -16.7% |
| Recurring financial charges | 65 | €6,494 | €5,408 | -€1,086 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €4,715 | -€46,538 | -€51,254 | |
| Income taxes | 67/77 | €2,797 | €475 | -€2,322 | -83.0% |
| Profit (loss) for the period | 9904 | €1,919 | -€47,013 | -€48,932 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,919 | -€47,013 | -€48,932 |
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 15 October 2026 via checked.be.