KS Finance Management: 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 Finance Management
Largest movements
- Cash +€82,954
up €82,954 (+272%), from €30,518 to €113,472
mainly Net result for the year (+€88,325) and Tax, wage and social debts (+€23,935)
- Receivables within one year +€15,764
up €15,764 (+131%), from €12,000 to €27,764
of which Other amounts receivable: +€15,740
- Tangible fixed assets -€10,857
down €10,857 (-33.9%), from €32,009 to €21,152
of which Furniture and vehicles: -€10,449
- Profit (loss) carried forward +€63,325
up €63,325 (+111%), from €56,918 to €120,243
- Tax, wage and social debts +€23,935
up €23,935 (+159%), from €15,047 to €38,982
- Gross operating margin +€70,700
up €70,700 (+137%), from €51,785 to €122,485
- Taxes +€14,872
up €14,872 (+180%), from €8,260 to €23,133
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 | €75,223 | €163,228 | +€88,005 | +117% |
| Fixed assets | 21/28 | €32,009 | €21,152 | -€10,857 | -33.9% |
| Tangible fixed assets | 22/27 | €32,009 | €21,152 | -€10,857 | -33.9% |
| Plant, machinery and equipment | 23 | €661 | €254 | -€407 | -61.6% |
| Furniture and vehicles | 24 | €31,348 | €20,898 | -€10,449 | -33.3% |
| Current assets | 29/58 | €43,214 | €142,076 | +€98,861 | +229% |
| Amounts receivable within one year | 40/41 | €12,000 | €27,764 | +€15,764 | +131% |
| Trade receivables | 40 | - | €25 | +€25 | |
| Other amounts receivable | 41 | €12,000 | €27,740 | +€15,740 | +131% |
| Cash at bank and in hand | 54/58 | €30,518 | €113,472 | +€82,954 | +272% |
| Deferred charges and accrued income | 490/1 | €696 | €840 | +€143 | +20.6% |
| Total equity and liabilities | 10/49 | €75,223 | €163,228 | +€88,005 | +117% |
| Equity | 10/15 | €59,918 | €123,243 | +€63,325 | +106% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,918 | €120,243 | +€63,325 | +111% |
| Amounts payable | 17/49 | €15,305 | €39,985 | +€24,680 | +161% |
| Amounts payable within one year | 42/48 | €15,305 | €39,985 | +€24,680 | +161% |
| Trade debts | 44 | €149 | €864 | +€715 | +479% |
| Suppliers | 440/4 | €149 | €864 | +€715 | +479% |
| Advances received on contracts in progress | 46 | - | €30 | +€30 | |
| Taxes, remuneration and social security | 45 | €15,047 | €38,982 | +€23,935 | +159% |
| Taxes | 450/3 | €15,047 | €38,982 | +€23,935 | +159% |
| Other amounts payable | 47/48 | €109 | €109 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,857 | €10,857 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €131 | +€13 | +11.4% |
| Gross operating margin | 9900 | €51,785 | €122,485 | +€70,700 | +137% |
| Operating profit (loss) | 9901 | €40,810 | €111,497 | +€70,687 | +173% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €40,766 | €111,457 | +€70,691 | +173% |
| Income taxes | 67/77 | €8,260 | €23,133 | +€14,872 | +180% |
| Profit (loss) for the period | 9904 | €32,506 | €88,325 | +€55,819 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €32,506 | €88,325 | +€55,819 | +172% |
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.