KS-K: 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-K
Largest movements
- Cash -€4,848
down €4,848 (-63.6%), from €7,627 to €2,778
mainly Receivables within one year (-€3,754) and Investment in fixed assets (net) (-€2,147)
- Receivables within one year +€3,754
up €3,754 (+150%), from €2,508 to €6,263
of which Trade receivables: +€2,018
- Tangible fixed assets +€1,052
up €1,052 (+39.5%), from €2,663 to €3,715
- Reserves +€5,888
new in 2025: €5,888
of which Distributable reserves: +€5,638
- Profit (loss) carried forward -€4,911
no longer reported in 2025 (was €4,911)
- Other debts +€2,302
up €2,302 (+170%), from €1,352 to €3,653
- Accrued charges and deferred income -€2,064
no longer reported in 2025 (was €2,064)
- Trade debts -€679
down €679 (-94.9%), from €716 to €37
- Gross operating margin -€3,082
down €3,082 (-41.9%), from €7,363 to €4,281
- Other operating charges +€950
up €950 (+191%), from €498 to €1,449
- Taxes -€568
down €568 (-45.2%), from €1,255 to €688
- Depreciation +€429
up €429 (+64.5%), from €666 to €1,095
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 | €12,798 | €12,756 | -€42 | -0.3% |
| Fixed assets | 21/28 | €2,663 | €3,715 | +€1,052 | +39.5% |
| Tangible fixed assets | 22/27 | €2,663 | €3,715 | +€1,052 | +39.5% |
| Plant, machinery and equipment | 23 | €2,663 | €3,715 | +€1,052 | +39.5% |
| Current assets | 29/58 | €10,135 | €9,041 | -€1,094 | -10.8% |
| Amounts receivable within one year | 40/41 | €2,508 | €6,263 | +€3,754 | +150% |
| Trade receivables | 40 | €1,973 | €3,991 | +€2,018 | +102% |
| Other amounts receivable | 41 | €535 | €2,272 | +€1,737 | +324% |
| Cash at bank and in hand | 54/58 | €7,627 | €2,778 | -€4,848 | -63.6% |
| Total equity and liabilities | 10/49 | €12,798 | €12,756 | -€42 | -0.3% |
| Equity | 10/15 | €7,411 | €8,388 | +€977 | +13.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €5,888 | +€5,888 | |
| Non-distributable reserves | 130/1 | - | €250 | +€250 | |
| Reserves not available under the articles | 1311 | - | €250 | +€250 | |
| Distributable reserves | 133 | - | €5,638 | +€5,638 | |
| Profit (loss) carried forward | 14 | €4,911 | - | -€4,911 | |
| Amounts payable | 17/49 | €5,387 | €4,368 | -€1,019 | -18.9% |
| Amounts payable within one year | 42/48 | €3,323 | €4,368 | +€1,045 | +31.5% |
| Trade debts | 44 | €716 | €37 | -€679 | -94.9% |
| Suppliers | 440/4 | €716 | €37 | -€679 | -94.9% |
| Taxes, remuneration and social security | 45 | €1,255 | €678 | -€578 | -46.0% |
| Taxes | 450/3 | €1,255 | €678 | -€578 | -46.0% |
| Other amounts payable | 47/48 | €1,352 | €3,653 | +€2,302 | +170% |
| Accrued charges and deferred income | 492/3 | €2,064 | - | -€2,064 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €666 | €1,095 | +€429 | +64.5% |
| Other operating charges | 640/8 | €498 | €1,449 | +€950 | +191% |
| Gross operating margin | 9900 | €7,363 | €4,281 | -€3,082 | -41.9% |
| Operating profit (loss) | 9901 | €6,199 | €1,737 | -€4,462 | -72.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €32 | €72 | +€40 | +123% |
| Recurring financial charges | 65 | €32 | €72 | +€40 | +123% |
| Profit (loss) for the period before taxes | 9903 | €6,166 | €1,665 | -€4,501 | -73.0% |
| Income taxes | 67/77 | €1,255 | €688 | -€568 | -45.2% |
| Profit (loss) for the period | 9904 | €4,911 | €977 | -€3,934 | -80.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,911 | €977 | -€3,934 | -80.1% |
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 17 October 2026 via checked.be.