KG73: 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.
KG73
Largest movements
- Receivables after one year +€41,570
up €41,570 (+13.5%), from €307,674 to €349,243
- Receivables within one year -€37,553
down €37,553 (-29.5%), from €127,127 to €89,573
of which Trade receivables: -€40,313
- Cash +€19,796
up €19,796 (+16.8%), from €117,853 to €137,649
mainly Receivables within one year (+€37,553) and Net result for the year (+€36,360)
- Tangible fixed assets -€9,901
down €9,901 (-10.8%), from €91,562 to €81,661
- Current portion of long-term debt -€12,196
down €12,196 (-91.6%), from €13,312 to €1,117
- Debts after one year +€9,324
up €9,324 (+3.3%), from €281,117 to €290,440
- Trade debts +€8,337
up €8,337 (+57.0%), from €14,620 to €22,957
- Staff costs -€53,128
down €53,128 (-24.9%), from €213,432 to €160,304
- Gross operating margin -€18,968
down €18,968 (-7.5%), from €251,281 to €232,312
- Taxes +€5,084
up €5,084 (+39.1%), from €12,989 to €18,073
- Financial income -€4,335
down €4,335 (-26.7%), from €16,259 to €11,923
- Depreciation -€3,637
down €3,637 (-21.4%), from €17,026 to €13,389
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 | €667,274 | €677,540 | +€10,266 | +1.5% |
| Fixed assets | 21/28 | €91,562 | €81,661 | -€9,901 | -10.8% |
| Tangible fixed assets | 22/27 | €91,562 | €81,661 | -€9,901 | -10.8% |
| Land and buildings | 22 | €52,588 | €48,582 | -€4,006 | -7.6% |
| Plant, machinery and equipment | 23 | €3,918 | €793 | -€3,125 | -79.8% |
| Furniture and vehicles | 24 | €35,055 | €32,286 | -€2,769 | -7.9% |
| Current assets | 29/58 | €575,712 | €595,879 | +€20,166 | +3.5% |
| Amounts receivable after more than one year | 29 | €307,674 | €349,243 | +€41,570 | +13.5% |
| Other amounts receivable | 291 | €307,674 | €349,243 | +€41,570 | +13.5% |
| Stocks and contracts in progress | 3 | €3,481 | €2,837 | -€644 | -18.5% |
| Stocks | 30/36 | €3,481 | €2,837 | -€644 | -18.5% |
| Amounts receivable within one year | 40/41 | €127,127 | €89,573 | -€37,553 | -29.5% |
| Trade receivables | 40 | €117,762 | €77,449 | -€40,313 | -34.2% |
| Other amounts receivable | 41 | €9,365 | €12,124 | +€2,759 | +29.5% |
| Cash at bank and in hand | 54/58 | €117,853 | €137,649 | +€19,796 | +16.8% |
| Deferred charges and accrued income | 490/1 | €19,578 | €16,576 | -€3,002 | -15.3% |
| Total equity and liabilities | 10/49 | €667,274 | €677,540 | +€10,266 | +1.5% |
| Equity | 10/15 | €297,153 | €300,084 | +€2,931 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €290,953 | €293,884 | +€2,931 | +1.0% |
| Distributable reserves | 133 | €290,953 | €293,884 | +€2,931 | +1.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €370,121 | €377,455 | +€7,334 | +2.0% |
| Amounts payable after more than one year | 17 | €281,117 | €290,440 | +€9,324 | +3.3% |
| Financial debts | 170/4 | €281,117 | €290,440 | +€9,324 | +3.3% |
| Amounts payable within one year | 42/48 | €74,090 | €77,017 | +€2,928 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €13,312 | €1,117 | -€12,196 | -91.6% |
| Trade debts | 44 | €14,620 | €22,957 | +€8,337 | +57.0% |
| Suppliers | 440/4 | €14,620 | €22,957 | +€8,337 | +57.0% |
| Taxes, remuneration and social security | 45 | €44,639 | €47,049 | +€2,410 | +5.4% |
| Taxes | 450/3 | €21,598 | €32,247 | +€10,649 | +49.3% |
| Remuneration and social security | 454/9 | €23,041 | €14,802 | -€8,239 | -35.8% |
| Other amounts payable | 47/48 | €1,518 | €5,894 | +€4,376 | +288% |
| Accrued charges and deferred income | 492/3 | €14,915 | €9,998 | -€4,917 | -33.0% |
| Non-recurring operating income | 76A | €0 | €12,146 | +€12,146 | |
| Remuneration, social security and pensions | 62 | €213,432 | €160,304 | -€53,128 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,026 | €13,389 | -€3,637 | -21.4% |
| Other operating charges | 640/8 | €5,757 | €2,859 | -€2,897 | -50.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €251,281 | €232,312 | -€18,968 | -7.5% |
| Operating profit (loss) | 9901 | €15,067 | €55,760 | +€40,693 | +270% |
| Financial income | 75/76B | €16,259 | €11,923 | -€4,335 | -26.7% |
| Recurring financial income | 75 | €16,259 | €11,923 | -€4,335 | -26.7% |
| Financial charges | 65/66B | €15,719 | €13,251 | -€2,469 | -15.7% |
| Recurring financial charges | 65 | €15,719 | €13,251 | -€2,469 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €15,606 | €54,433 | +€38,827 | +249% |
| Income taxes | 67/77 | €12,989 | €18,073 | +€5,084 | +39.1% |
| Profit (loss) for the period | 9904 | €2,617 | €36,360 | +€33,743 | +1,290% |
| Profit (loss) for the period to be appropriated | 9905 | €2,617 | €36,360 | +€33,743 | +1,290% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.