KFK-Group: 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.
KFK-Group
Largest movements
- Cash +€10,602
up €10,602 (+50.4%), from €21,036 to €31,638
mainly Net result for the year (+€17,051) and Depreciation (+€2,458)
- Receivables within one year +€1,901
up €1,901 (+39.5%), from €4,818 to €6,719
of which Other amounts receivable: +€1,692
- Tangible fixed assets -€1,364
down €1,364 (-17.5%), from €7,786 to €6,422
- Deferred charges and accrued income +€685
up €685 (+34.0%), from €2,016 to €2,702
- Reserves +€15,451
up €15,451 (+64.9%), from €23,809 to €39,259
- Tax, wage and social debts -€3,858
no longer reported in 2025 (was €3,858)
- Gross operating margin +€9,431
up €9,431 (+58.0%), from €16,273 to €25,704
- Taxes +€1,162
up €1,162 (+35.0%), from €3,316 to €4,477
- Financial charges +€637
up €637 (+138.1%), from €461 to €1,098
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 | €35,657 | €47,481 | +€11,824 | +33.2% |
| Fixed assets | 21/28 | €7,786 | €6,422 | -€1,364 | -17.5% |
| Tangible fixed assets | 22/27 | €7,786 | €6,422 | -€1,364 | -17.5% |
| Land and buildings | 22 | €1,882 | €1,493 | -€389 | -20.7% |
| Plant, machinery and equipment | 23 | €1,143 | €570 | -€573 | -50.2% |
| Furniture and vehicles | 24 | €4,761 | €4,359 | -€402 | -8.4% |
| Current assets | 29/58 | €27,871 | €41,059 | +€13,188 | +47.3% |
| Amounts receivable within one year | 40/41 | €4,818 | €6,719 | +€1,901 | +39.5% |
| Trade receivables | 40 | €4,134 | €4,343 | +€209 | +5.1% |
| Other amounts receivable | 41 | €684 | €2,377 | +€1,692 | +247.3% |
| Cash at bank and in hand | 54/58 | €21,036 | €31,638 | +€10,602 | +50.4% |
| Deferred charges and accrued income | 490/1 | €2,016 | €2,702 | +€685 | +34.0% |
| Total equity and liabilities | 10/49 | €35,657 | €47,481 | +€11,824 | +33.2% |
| Equity | 10/15 | €24,809 | €40,259 | +€15,451 | +62.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €23,809 | €39,259 | +€15,451 | +64.9% |
| Distributable reserves | 133 | €23,809 | €39,259 | +€15,451 | +64.9% |
| Amounts payable | 17/49 | €10,848 | €7,221 | -€3,627 | -33.4% |
| Amounts payable within one year | 42/48 | €10,848 | €7,221 | -€3,627 | -33.4% |
| Trade debts | 44 | €662 | €1,134 | +€472 | +71.4% |
| Suppliers | 440/4 | €662 | €1,134 | +€472 | +71.4% |
| Taxes, remuneration and social security | 45 | €3,858 | - | -€3,858 | |
| Taxes | 450/3 | €3,858 | - | -€3,858 | |
| Other amounts payable | 47/48 | €6,329 | €6,088 | -€241 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,217 | €2,458 | +€241 | +10.9% |
| Other operating charges | 640/8 | €813 | €675 | -€138 | -17.0% |
| Gross operating margin | 9900 | €16,273 | €25,704 | +€9,431 | +58.0% |
| Operating profit (loss) | 9901 | €13,243 | €22,571 | +€9,328 | +70.4% |
| Financial income | 75/76B | €56 | €55 | -€2 | -2.7% |
| Recurring financial income | 75 | €56 | €55 | -€2 | -2.7% |
| Financial charges | 65/66B | €461 | €1,098 | +€637 | +138.1% |
| Recurring financial charges | 65 | €461 | €1,098 | +€637 | +138.1% |
| Profit (loss) for the period before taxes | 9903 | €12,838 | €21,528 | +€8,690 | +67.7% |
| Income taxes | 67/77 | €3,316 | €4,477 | +€1,162 | +35.0% |
| Profit (loss) for the period | 9904 | €9,522 | €17,051 | +€7,529 | +79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,522 | €17,051 | +€7,529 | +79.1% |
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 12 October 2026 via checked.be.