KH Technics: what changed
KH Technics
Largest movements
- Tangible fixed assets -€27,977
down €27,977 (-35.6%), from €78,525 to €50,547
of which Furniture and vehicles: -€26,467
- Cash +€8,609
up €8,609 (+53.8%), from €15,988 to €24,597
mainly Depreciation (+€27,977) and Net result for the year (+€7,912)
- Receivables within one year +€5,283
up €5,283 (+22.2%), from €23,798 to €29,081
- Deferred charges and accrued income +€2,500
up €2,500, from €0 to €2,500
- Current portion of long-term debt -€12,109
down €12,109 (-56.5%), from €21,436 to €9,327
- Debts after one year -€9,327
down €9,327 (-28.0%), from €33,254 to €23,927
- Profit (loss) carried forward +€7,912
up €7,912 (+30.8%), from €25,679 to €33,591
- Tax, wage and social debts +€4,056
up €4,056 (+64.7%), from €6,272 to €10,329
- Other debts -€2,092
down €2,092 (-23.4%), from €8,931 to €6,839
- Gross operating margin -€14,754
down €14,754 (-25.6%), from €57,610 to €42,857
- Depreciation +€6,195
up €6,195 (+28.4%), from €21,782 to €27,977
- Taxes -€3,303
down €3,303 (-47.4%), from €6,975 to €3,672
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,310 | €106,725 | -€11,585 | -9.8% |
| Fixed assets | 21/28 | €78,525 | €50,547 | -€27,977 | -35.6% |
| Tangible fixed assets | 22/27 | €78,525 | €50,547 | -€27,977 | -35.6% |
| Plant, machinery and equipment | 23 | €5,868 | €4,357 | -€1,511 | -25.7% |
| Furniture and vehicles | 24 | €72,657 | €46,190 | -€26,467 | -36.4% |
| Current assets | 29/58 | €39,786 | €56,178 | +€16,392 | +41.2% |
| Amounts receivable within one year | 40/41 | €23,798 | €29,081 | +€5,283 | +22.2% |
| Trade receivables | 40 | €23,798 | €29,081 | +€5,283 | +22.2% |
| Cash at bank and in hand | 54/58 | €15,988 | €24,597 | +€8,609 | +53.8% |
| Deferred charges and accrued income | 490/1 | €0 | €2,500 | +€2,500 | |
| Total equity and liabilities | 10/49 | €118,310 | €106,725 | -€11,585 | -9.8% |
| Equity | 10/15 | €46,801 | €54,713 | +€7,912 | +16.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,122 | €18,122 | = | 0.0% |
| Distributable reserves | 133 | €18,122 | €18,122 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,679 | €33,591 | +€7,912 | +30.8% |
| Amounts payable | 17/49 | €71,509 | €52,012 | -€19,498 | -27.3% |
| Amounts payable after more than one year | 17 | €33,254 | €23,927 | -€9,327 | -28.0% |
| Financial debts | 170/4 | €33,254 | €23,927 | -€9,327 | -28.0% |
| Amounts payable within one year | 42/48 | €38,256 | €28,085 | -€10,170 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €21,436 | €9,327 | -€12,109 | -56.5% |
| Trade debts | 44 | €1,617 | €1,591 | -€26 | -1.6% |
| Suppliers | 440/4 | €1,617 | €1,591 | -€26 | -1.6% |
| Taxes, remuneration and social security | 45 | €6,272 | €10,329 | +€4,056 | +64.7% |
| Taxes | 450/3 | €6,272 | €10,329 | +€4,056 | +64.7% |
| Other amounts payable | 47/48 | €8,931 | €6,839 | -€2,092 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,782 | €27,977 | +€6,195 | +28.4% |
| Other operating charges | 640/8 | €734 | €1,211 | +€478 | +65.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €57,610 | €42,857 | -€14,754 | -25.6% |
| Operating profit (loss) | 9901 | €35,095 | €13,668 | -€21,427 | -61.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,441 | €2,084 | -€357 | -14.6% |
| Recurring financial charges | 65 | €2,441 | €2,084 | -€357 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €32,654 | €11,584 | -€21,070 | -64.5% |
| Income taxes | 67/77 | €6,975 | €3,672 | -€3,303 | -47.4% |
| Profit (loss) for the period | 9904 | €25,679 | €7,912 | -€17,767 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,679 | €7,912 | -€17,767 | -69.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.