KF SOLUTIONS: 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.
KF SOLUTIONS
Largest movements
- Tangible fixed assets -€16,500
down €16,500 (-47.5%), from €34,741 to €18,241
of which Furniture and vehicles: -€16,764
- Receivables within one year +€10,921
up €10,921 (+48.2%), from €22,665 to €33,586
of which Trade receivables: +€8,250
- Cash -€7,062
down €7,062 (-85.7%), from €8,236 to €1,174
mainly Debts after one year (-€14,305) and Receivables within one year (-€10,921)
- Deferred charges and accrued income -€2,298
down €2,298 (-79.9%), from €2,875 to €578
- Debts after one year -€14,305
down €14,305 (-100.0%), from €14,305 to €0
- Current portion of long-term debt -€2,223
down €2,223 (-13.5%), from €16,528 to €14,305
- Tax, wage and social debts +€1,446
up €1,446 (+387.2%), from €374 to €1,820
of which Remuneration and social security: +€1,820
- Reserves +€800
up €800 (+2.7%), from €30,060 to €30,860
- Depreciation -€714
down €714 (-3.8%), from €18,625 to €17,911
- Gross operating margin -€633
down €633 (-3.0%), from €21,053 to €20,420
- Financial charges -€487
down €487 (-28.6%), from €1,701 to €1,214
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.
Cash bridge derived
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 | €68,518 | €53,579 | -€14,939 | -21.8% |
| Fixed assets | 21/28 | €34,741 | €18,241 | -€16,500 | -47.5% |
| Tangible fixed assets | 22/27 | €34,741 | €18,241 | -€16,500 | -47.5% |
| Plant, machinery and equipment | 23 | €2,392 | €2,655 | +€264 | +11.0% |
| Furniture and vehicles | 24 | €32,350 | €15,586 | -€16,764 | -51.8% |
| Current assets | 29/58 | €33,777 | €35,338 | +€1,561 | +4.6% |
| Amounts receivable within one year | 40/41 | €22,665 | €33,586 | +€10,921 | +48.2% |
| Trade receivables | 40 | - | €8,250 | +€8,250 | |
| Other amounts receivable | 41 | €22,665 | €25,336 | +€2,671 | +11.8% |
| Cash at bank and in hand | 54/58 | €8,236 | €1,174 | -€7,062 | -85.7% |
| Deferred charges and accrued income | 490/1 | €2,875 | €578 | -€2,298 | -79.9% |
| Total equity and liabilities | 10/49 | €68,518 | €53,579 | -€14,939 | -21.8% |
| Equity | 10/15 | €35,060 | €35,860 | +€800 | +2.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,060 | €30,860 | +€800 | +2.7% |
| Distributable reserves | 133 | €30,060 | €30,860 | +€800 | +2.7% |
| Amounts payable | 17/49 | €33,458 | €17,719 | -€15,739 | -47.0% |
| Amounts payable after more than one year | 17 | €14,305 | €0 | -€14,305 | -100.0% |
| Financial debts | 170/4 | €14,305 | €0 | -€14,305 | -100.0% |
| Amounts payable within one year | 42/48 | €18,973 | €17,539 | -€1,434 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €16,528 | €14,305 | -€2,223 | -13.5% |
| Trade debts | 44 | €2,072 | €1,414 | -€657 | -31.7% |
| Suppliers | 440/4 | €2,072 | €1,414 | -€657 | -31.7% |
| Taxes, remuneration and social security | 45 | €374 | €1,820 | +€1,446 | +387.2% |
| Taxes | 450/3 | €374 | €0 | -€374 | -100.0% |
| Remuneration and social security | 454/9 | - | €1,820 | +€1,820 | |
| Accrued charges and deferred income | 492/3 | €180 | €180 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,625 | €17,911 | -€714 | -3.8% |
| Other operating charges | 640/8 | €1,197 | €1,205 | +€8 | +0.7% |
| Gross operating margin | 9900 | €21,053 | €20,420 | -€633 | -3.0% |
| Operating profit (loss) | 9901 | €1,230 | €1,304 | +€74 | +6.0% |
| Financial income | 75/76B | €1,226 | €1,197 | -€29 | -2.3% |
| Recurring financial income | 75 | €1,226 | €1,197 | -€29 | -2.3% |
| Financial charges | 65/66B | €1,701 | €1,214 | -€487 | -28.6% |
| Recurring financial charges | 65 | €1,701 | €1,214 | -€487 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €755 | €1,287 | +€532 | +70.5% |
| Income taxes | 67/77 | €326 | €487 | +€160 | +49.1% |
| Profit (loss) for the period | 9904 | €428 | €800 | +€372 | +86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €428 | €800 | +€372 | +86.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.