KS ACCOUNTANTS: 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.
KS ACCOUNTANTS
Largest movements
- Receivables within one year -€19,446
down €19,446 (-24.6%), from €78,971 to €59,525
of which Other amounts receivable: -€21,739
- Cash +€16,586
up €16,586 (+14.3%), from €115,828 to €132,414
mainly Other debts (+€87,420) and Net result for the year (+€55,373)
- Tangible fixed assets +€7,947
up €7,947 (+620%), from €1,282 to €9,229
of which Furniture and vehicles: +€7,522
- Deferred charges and accrued income +€3,551
up €3,551 (+496%), from €716 to €4,267
- Profit (loss) carried forward -€92,047
no longer reported in 2025 (was €92,047)
- Other debts +€87,420
up €87,420 (+146%), from €60,000 to €147,420
- Tax, wage and social debts +€13,525
up €13,525 (+29.7%), from €45,528 to €59,053
of which Taxes: +€12,375
- Gross operating margin +€16,520
up €16,520 (+18.6%), from €88,639 to €105,159
- Staff costs +€7,740
up €7,740 (+59.2%), from €13,067 to €20,807
- Depreciation +€3,304
up €3,304 (+283%), from €1,166 to €4,470
- Taxes +€2,442
up €2,442 (+11.6%), from €21,079 to €23,521
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 | €200,652 | €209,290 | +€8,638 | +4.3% |
| Fixed assets | 21/28 | €5,137 | €13,084 | +€7,947 | +155% |
| Tangible fixed assets | 22/27 | €1,282 | €9,229 | +€7,947 | +620% |
| Plant, machinery and equipment | 23 | €742 | €1,167 | +€425 | +57.3% |
| Furniture and vehicles | 24 | €540 | €8,062 | +€7,522 | +1,393% |
| Financial fixed assets | 28 | €3,855 | €3,855 | = | 0.0% |
| Current assets | 29/58 | €195,515 | €196,206 | +€691 | +0.4% |
| Amounts receivable within one year | 40/41 | €78,971 | €59,525 | -€19,446 | -24.6% |
| Trade receivables | 40 | €30,902 | €33,195 | +€2,293 | +7.4% |
| Other amounts receivable | 41 | €48,069 | €26,330 | -€21,739 | -45.2% |
| Cash at bank and in hand | 54/58 | €115,828 | €132,414 | +€16,586 | +14.3% |
| Deferred charges and accrued income | 490/1 | €716 | €4,267 | +€3,551 | +496% |
| Total equity and liabilities | 10/49 | €200,652 | €209,290 | +€8,638 | +4.3% |
| Equity | 10/15 | €92,147 | €100 | -€92,047 | -99.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,047 | - | -€92,047 | |
| Amounts payable | 17/49 | €108,505 | €209,190 | +€100,685 | +92.8% |
| Amounts payable within one year | 42/48 | €108,505 | €209,190 | +€100,685 | +92.8% |
| Trade debts | 44 | €2,977 | €2,717 | -€260 | -8.7% |
| Suppliers | 440/4 | €2,977 | €2,717 | -€260 | -8.7% |
| Taxes, remuneration and social security | 45 | €45,528 | €59,053 | +€13,525 | +29.7% |
| Taxes | 450/3 | €45,528 | €57,903 | +€12,375 | +27.2% |
| Remuneration and social security | 454/9 | - | €1,150 | +€1,150 | |
| Other amounts payable | 47/48 | €60,000 | €147,420 | +€87,420 | +146% |
| Remuneration, social security and pensions | 62 | €13,067 | €20,807 | +€7,740 | +59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,166 | €4,470 | +€3,304 | +283% |
| Other operating charges | 640/8 | €721 | €939 | +€218 | +30.2% |
| Gross operating margin | 9900 | €88,639 | €105,159 | +€16,520 | +18.6% |
| Operating profit (loss) | 9901 | €73,685 | €78,943 | +€5,258 | +7.1% |
| Financial charges | 65/66B | €56 | €49 | -€7 | -12.5% |
| Recurring financial charges | 65 | €56 | €49 | -€7 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €73,629 | €78,894 | +€5,265 | +7.2% |
| Income taxes | 67/77 | €21,079 | €23,521 | +€2,442 | +11.6% |
| Profit (loss) for the period | 9904 | €52,550 | €55,373 | +€2,823 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,550 | €55,373 | +€2,823 | +5.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.