KFU 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.
KFU SOLUTIONS
Largest movements
- Receivables within one year +€48,796
up €48,796 (+277.0%), from €17,618 to €66,414
of which Trade receivables: +€35,647
- Tangible fixed assets -€33,607
no longer reported in 2025 (was €33,607)
- Cash -€19,033
down €19,033 (-99.6%), from €19,105 to €72
mainly Receivables within one year (-€48,796) and Net result for the year (-€32,698)
- Deferred charges and accrued income -€906
no longer reported in 2025 (was €906)
- Advances received +€40,962
new in 2025: €40,962
- Profit (loss) carried forward -€32,698
down €32,698 (-62.8%), from €52,068 to €19,370
- Tax, wage and social debts -€16,558
down €16,558 (-83.7%), from €19,782 to €3,224
of which Taxes: -€8,690
- Trade debts +€3,544
up €3,544 (+62.9%), from €5,636 to €9,180
- Turnover -€102,039
down €102,039 (-30.7%), from €332,463 to €230,424
- Gross operating margin -€95,668
down €95,668 (-76.8%), from €124,525 to €28,856
- Other operating charges -€5,825
down €5,825 (-91.2%), from €6,388 to €563
- Staff costs -€5,460
down €5,460 (-9.7%), from €56,421 to €50,961
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 | €80,486 | €75,736 | -€4,750 | -5.9% |
| Fixed assets | 21/28 | €42,857 | €9,250 | -€33,607 | -78.4% |
| Tangible fixed assets | 22/27 | €33,607 | - | -€33,607 | |
| Furniture and vehicles | 24 | €33,607 | - | -€33,607 | |
| Financial fixed assets | 28 | €9,250 | €9,250 | = | 0.0% |
| Current assets | 29/58 | €37,629 | €66,486 | +€28,856 | +76.7% |
| Amounts receivable within one year | 40/41 | €17,618 | €66,414 | +€48,796 | +277.0% |
| Trade receivables | 40 | €17,449 | €53,096 | +€35,647 | +204.3% |
| Other amounts receivable | 41 | €170 | €13,318 | +€13,149 | +7749.1% |
| Cash at bank and in hand | 54/58 | €19,105 | €72 | -€19,033 | -99.6% |
| Deferred charges and accrued income | 490/1 | €906 | - | -€906 | |
| Total equity and liabilities | 10/49 | €80,486 | €75,736 | -€4,750 | -5.9% |
| Equity | 10/15 | €55,068 | €22,370 | -€32,698 | -59.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,068 | €19,370 | -€32,698 | -62.8% |
| Amounts payable | 17/49 | €25,418 | €53,365 | +€27,947 | +110.0% |
| Amounts payable within one year | 42/48 | €25,418 | €53,365 | +€27,947 | +110.0% |
| Trade debts | 44 | €5,636 | €9,180 | +€3,544 | +62.9% |
| Suppliers | 440/4 | €5,636 | €9,180 | +€3,544 | +62.9% |
| Advances received on contracts in progress | 46 | - | €40,962 | +€40,962 | |
| Taxes, remuneration and social security | 45 | €19,782 | €3,224 | -€16,558 | -83.7% |
| Taxes | 450/3 | €8,792 | €102 | -€8,690 | -98.8% |
| Remuneration and social security | 454/9 | €10,990 | €3,121 | -€7,869 | -71.6% |
| Turnover | 70 | €332,463 | €230,424 | -€102,039 | -30.7% |
| Non-recurring operating income | 76A | - | €4,228 | +€4,228 | |
| Goods, raw materials, services and sundry goods | 60/61 | €207,938 | €205,796 | -€2,142 | -1.0% |
| Remuneration, social security and pensions | 62 | €56,421 | €50,961 | -€5,460 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,402 | €8,402 | -€1,000 | -10.6% |
| Other operating charges | 640/8 | €6,388 | €563 | -€5,825 | -91.2% |
| Gross operating margin | 9900 | €124,525 | €28,856 | -€95,668 | -76.8% |
| Operating profit (loss) | 9901 | €52,314 | -€31,069 | -€83,383 | |
| Financial charges | 65/66B | €246 | €1,628 | +€1,382 | +562.3% |
| Recurring financial charges | 65 | €246 | €1,628 | +€1,382 | +562.3% |
| Profit (loss) for the period before taxes | 9903 | €52,068 | -€32,698 | -€84,766 | |
| Profit (loss) for the period | 9904 | €52,068 | -€32,698 | -€84,766 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,068 | -€32,698 | -€84,766 |
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 29 September 2026 via checked.be.