Khans 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.
Khans Group
Largest movements
- Cash +€357,862
up €357,862 (+21.7%), from €1.7m to €2.0m
mainly Trade debts (+€400,374) and Net result for the year (+€287,021)
- Tangible fixed assets -€242,615
down €242,615 (-24.6%), from €987,656 to €745,040
of which Other tangible fixed assets: -€234,508
- Receivables within one year +€85,375
up €85,375 (+6.0%), from €1.4m to €1.5m
of which Other amounts receivable: +€86,847
- Debts after one year -€424,706
down €424,706 (-45.5%), from €934,238 to €509,532
- Trade debts +€400,374
up €400,374 (+24.2%), from €1.7m to €2.1m
- Reserves +€287,021
up €287,021 (+27.0%), from €1.1m to €1.4m
- Current portion of long-term debt -€146,236
down €146,236 (-45.5%), from €321,236 to €175,000
- Tax, wage and social debts +€83,762
up €83,762 (+32.1%), from €260,679 to €344,441
of which Remuneration and social security: +€112,642
- Staff costs +€469,466
up €469,466 (+45.5%), from €1.0m to €1.5m
- Gross operating margin +€452,302
up €452,302 (+27.0%), from €1.7m to €2.1m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,259,029 | €4,459,651 | +€200,622 | +4.7% |
| Fixed assets | 21/28 | €987,656 | €745,040 | -€242,615 | -24.6% |
| Tangible fixed assets | 22/27 | €987,656 | €745,040 | -€242,615 | -24.6% |
| Plant, machinery and equipment | 23 | €16,214 | €8,107 | -€8,107 | -50.0% |
| Other tangible fixed assets | 26 | €971,442 | €736,934 | -€234,508 | -24.1% |
| Current assets | 29/58 | €3,271,373 | €3,714,611 | +€443,238 | +13.5% |
| Stocks and contracts in progress | 3 | €186,522 | €186,522 | = | 0.0% |
| Stocks | 30/36 | €186,522 | €186,522 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,434,551 | €1,519,926 | +€85,375 | +6.0% |
| Trade receivables | 40 | €241,707 | €240,236 | -€1,472 | -0.6% |
| Other amounts receivable | 41 | €1,192,844 | €1,279,691 | +€86,847 | +7.3% |
| Cash at bank and in hand | 54/58 | €1,650,300 | €2,008,163 | +€357,862 | +21.7% |
| Total equity and liabilities | 10/49 | €4,259,029 | €4,459,651 | +€200,622 | +4.7% |
| Equity | 10/15 | €1,085,676 | €1,372,697 | +€287,021 | +26.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €1,063,676 | €1,350,697 | +€287,021 | +27.0% |
| Distributable reserves | 133 | €1,063,676 | €1,350,697 | +€287,021 | +27.0% |
| Amounts payable | 17/49 | €3,173,353 | €3,086,954 | -€86,399 | -2.7% |
| Amounts payable after more than one year | 17 | €934,238 | €509,532 | -€424,706 | -45.5% |
| Financial debts | 170/4 | €934,238 | €509,532 | -€424,706 | -45.5% |
| Amounts payable within one year | 42/48 | €2,238,349 | €2,576,248 | +€337,899 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €321,236 | €175,000 | -€146,236 | -45.5% |
| Trade debts | 44 | €1,656,434 | €2,056,808 | +€400,374 | +24.2% |
| Suppliers | 440/4 | €1,656,434 | €2,056,808 | +€400,374 | +24.2% |
| Taxes, remuneration and social security | 45 | €260,679 | €344,441 | +€83,762 | +32.1% |
| Taxes | 450/3 | €223,963 | €195,082 | -€28,880 | -12.9% |
| Remuneration and social security | 454/9 | €36,717 | €149,359 | +€112,642 | +307% |
| Accrued charges and deferred income | 492/3 | €766 | €1,174 | +€408 | +53.2% |
| Remuneration, social security and pensions | 62 | €1,032,675 | €1,502,141 | +€469,466 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €243,181 | €242,615 | -€566 | -0.2% |
| Other operating charges | 640/8 | €2,491 | €2,485 | -€6 | -0.2% |
| Gross operating margin | 9900 | €1,672,600 | €2,124,902 | +€452,302 | +27.0% |
| Operating profit (loss) | 9901 | €394,254 | €377,661 | -€16,592 | -4.2% |
| Financial income | 75/76B | €532 | €5,486 | +€4,954 | +930% |
| Recurring financial income | 75 | €532 | €5,486 | +€4,954 | +930% |
| Financial charges | 65/66B | €18,558 | €3,973 | -€14,585 | -78.6% |
| Recurring financial charges | 65 | €18,558 | €3,973 | -€14,585 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €376,228 | €379,174 | +€2,946 | +0.8% |
| Income taxes | 67/77 | €98,191 | €92,153 | -€6,038 | -6.1% |
| Profit (loss) for the period | 9904 | €278,037 | €287,021 | +€8,985 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €278,037 | €287,021 | +€8,985 | +3.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.