KS MAINTENANCE: 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 MAINTENANCE
Largest movements
- Tangible fixed assets -€8,977
down €8,977 (-12.7%), from €70,488 to €61,511
of which Furniture and vehicles: -€17,984
- Receivables within one year +€8,666
up €8,666 (+33.4%), from €25,923 to €34,589
of which Other amounts receivable: +€5,091
- Cash +€1,464
up €1,464 (+3.8%), from €38,967 to €40,432
mainly Net result for the year (+€47,353) and Depreciation (+€22,158)
- Reserves +€17,941
up €17,941 (+44.1%), from €40,667 to €58,608
- Debts after one year -€13,367
down €13,367 (-37.6%), from €35,588 to €22,220
- Trade debts -€3,078
down €3,078 (-17.1%), from €17,982 to €14,904
- Gross operating margin +€41,957
up €41,957 (+97.8%), from €42,892 to €84,848
- Taxes +€9,050
up €9,050 (+234%), from €3,859 to €12,909
- Depreciation +€4,944
up €4,944 (+28.7%), from €17,214 to €22,158
- Other operating charges -€3,566
down €3,566 (-82.5%), from €4,322 to €757
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 | €136,871 | €137,939 | +€1,068 | +0.8% |
| Fixed assets | 21/28 | €70,488 | €61,511 | -€8,977 | -12.7% |
| Tangible fixed assets | 22/27 | €70,488 | €61,511 | -€8,977 | -12.7% |
| Plant, machinery and equipment | 23 | €7,014 | €16,021 | +€9,006 | +128% |
| Furniture and vehicles | 24 | €63,474 | €45,490 | -€17,984 | -28.3% |
| Current assets | 29/58 | €66,383 | €76,429 | +€10,046 | +15.1% |
| Amounts receivable within one year | 40/41 | €25,923 | €34,589 | +€8,666 | +33.4% |
| Trade receivables | 40 | €25,923 | €29,498 | +€3,575 | +13.8% |
| Other amounts receivable | 41 | - | €5,091 | +€5,091 | |
| Cash at bank and in hand | 54/58 | €38,967 | €40,432 | +€1,464 | +3.8% |
| Deferred charges and accrued income | 490/1 | €1,493 | €1,408 | -€85 | -5.7% |
| Total equity and liabilities | 10/49 | €136,871 | €137,939 | +€1,068 | +0.8% |
| Equity | 10/15 | €43,667 | €61,608 | +€17,941 | +41.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €40,667 | €58,608 | +€17,941 | +44.1% |
| Distributable reserves | 133 | €40,667 | €58,608 | +€17,941 | +44.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €93,204 | €76,331 | -€16,873 | -18.1% |
| Amounts payable after more than one year | 17 | €35,588 | €22,220 | -€13,367 | -37.6% |
| Financial debts | 170/4 | €35,588 | €22,220 | -€13,367 | -37.6% |
| Amounts payable within one year | 42/48 | €57,617 | €54,111 | -€3,506 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €12,893 | €13,367 | +€474 | +3.7% |
| Trade debts | 44 | €17,982 | €14,904 | -€3,078 | -17.1% |
| Suppliers | 440/4 | €17,982 | €14,904 | -€3,078 | -17.1% |
| Taxes, remuneration and social security | 45 | €25,920 | €25,840 | -€81 | -0.3% |
| Taxes | 450/3 | €25,920 | €25,840 | -€81 | -0.3% |
| Other amounts payable | 47/48 | €822 | €0 | -€822 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,214 | €22,158 | +€4,944 | +28.7% |
| Other operating charges | 640/8 | €4,322 | €757 | -€3,566 | -82.5% |
| Gross operating margin | 9900 | €42,892 | €84,848 | +€41,957 | +97.8% |
| Operating profit (loss) | 9901 | €21,355 | €61,934 | +€40,578 | +190% |
| Financial income | 75/76B | €9 | €11 | +€2 | +17.3% |
| Recurring financial income | 75 | €9 | €11 | +€2 | +17.3% |
| Financial charges | 65/66B | €1,886 | €1,682 | -€203 | -10.8% |
| Recurring financial charges | 65 | €1,886 | €1,682 | -€203 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €19,479 | €60,262 | +€40,783 | +209% |
| Income taxes | 67/77 | €3,859 | €12,909 | +€9,050 | +234% |
| Profit (loss) for the period | 9904 | €15,619 | €47,353 | +€31,734 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €15,619 | €47,353 | +€31,734 | +203% |
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.