KN SERVICE: 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.
KN SERVICE
Largest movements
- Receivables within one year +€12,297
up €12,297 (+13.1%), from €93,661 to €105,958
of which Trade receivables: +€28,693
- Cash -€7,276
down €7,276 (-69.8%), from €10,421 to €3,145
mainly Contributions, distributions and other (-€17,500) and Receivables within one year (-€12,297)
- Stocks and contracts +€6,250
up €6,250 (+11.5%), from €54,376 to €60,626
- Deferred charges and accrued income -€3,771
no longer reported in 2025 (was €3,771)
- Trade debts +€20,533
up €20,533 (+495%), from €4,149 to €24,682
- Reserves -€17,500
down €17,500 (-12.5%), from €140,272 to €122,772
- Other debts +€3,325
up €3,325 (+25.0%), from €13,300 to €16,625
- Write-downs -€25,481
no longer reported in 2025 (was €25,481)
- Gross operating margin -€25,069
down €25,069 (-86.5%), from €28,969 to €3,900
- Depreciation -€2,144
down €2,144 (-53.7%), from €3,994 to €1,851
- Financial income -€839
down €839 (-23.7%), from €3,543 to €2,704
- Other operating charges +€555
up €555 (+25.7%), from €2,159 to €2,714
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 | €171,385 | €177,034 | +€5,649 | +3.3% |
| Fixed assets | 21/28 | €9,157 | €7,306 | -€1,851 | -20.2% |
| Intangible fixed assets | 21 | €3,767 | €2,867 | -€900 | -23.9% |
| Tangible fixed assets | 22/27 | €1,085 | €134 | -€951 | -87.7% |
| Plant, machinery and equipment | 23 | €617 | €134 | -€483 | -78.3% |
| Furniture and vehicles | 24 | €468 | - | -€468 | |
| Financial fixed assets | 28 | €4,305 | €4,305 | = | 0.0% |
| Current assets | 29/58 | €162,228 | €169,728 | +€7,500 | +4.6% |
| Stocks and contracts in progress | 3 | €54,376 | €60,626 | +€6,250 | +11.5% |
| Stocks | 30/36 | €54,376 | €60,626 | +€6,250 | +11.5% |
| Amounts receivable within one year | 40/41 | €93,661 | €105,958 | +€12,297 | +13.1% |
| Trade receivables | 40 | €31,724 | €60,417 | +€28,693 | +90.4% |
| Other amounts receivable | 41 | €61,937 | €45,541 | -€16,396 | -26.5% |
| Cash at bank and in hand | 54/58 | €10,421 | €3,145 | -€7,276 | -69.8% |
| Deferred charges and accrued income | 490/1 | €3,771 | - | -€3,771 | |
| Total equity and liabilities | 10/49 | €171,385 | €177,034 | +€5,649 | +3.3% |
| Equity | 10/15 | €151,003 | €133,062 | -€17,940 | -11.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €140,272 | €122,772 | -€17,500 | -12.5% |
| Distributable reserves | 133 | €140,272 | €122,772 | -€17,500 | -12.5% |
| Profit (loss) carried forward | 14 | -€1,670 | -€2,110 | -€440 | -26.4% |
| Amounts payable | 17/49 | €20,382 | €43,972 | +€23,589 | +116% |
| Amounts payable within one year | 42/48 | €20,382 | €43,972 | +€23,589 | +116% |
| Trade debts | 44 | €4,149 | €24,682 | +€20,533 | +495% |
| Suppliers | 440/4 | €4,149 | €24,682 | +€20,533 | +495% |
| Taxes, remuneration and social security | 45 | €2,933 | €2,665 | -€268 | -9.1% |
| Taxes | 450/3 | €2,933 | €2,665 | -€268 | -9.1% |
| Other amounts payable | 47/48 | €13,300 | €16,625 | +€3,325 | +25.0% |
| Non-recurring operating income | 76A | - | €6,420 | +€6,420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,994 | €1,851 | -€2,144 | -53.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,481 | - | -€25,481 | |
| Other operating charges | 640/8 | €2,159 | €2,714 | +€555 | +25.7% |
| Gross operating margin | 9900 | €28,969 | €3,900 | -€25,069 | -86.5% |
| Operating profit (loss) | 9901 | -€2,665 | -€665 | +€2,001 | +75.1% |
| Financial income | 75/76B | €3,543 | €2,704 | -€839 | -23.7% |
| Recurring financial income | 75 | €3,543 | €2,704 | -€839 | -23.7% |
| Financial charges | 65/66B | €2,073 | €2,351 | +€278 | +13.4% |
| Recurring financial charges | 65 | €2,073 | €2,351 | +€278 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,196 | -€312 | +€884 | +73.9% |
| Income taxes | 67/77 | €474 | €128 | -€346 | -73.0% |
| Profit (loss) for the period | 9904 | -€1,670 | -€440 | +€1,230 | +73.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,670 | -€440 | +€1,230 | +73.6% |
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 17 October 2026 via checked.be.