KS Project 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 Project Management
Largest movements
- Receivables within one year +€18,117
up €18,117 (+113%), from €16,093 to €34,210
- Cash +€14,395
up €14,395 (+18.6%), from €77,531 to €91,927
mainly Net result for the year (+€32,787) and Other debts (+€3,148)
- Reserves +€31,928
up €31,928 (+56.5%), from €56,493 to €88,422
- Tax, wage and social debts -€4,395
down €4,395 (-18.5%), from €23,776 to €19,382
of which Remuneration and social security: -€5,774
- Other debts +€3,148
up €3,148 (+123%), from €2,569 to €5,717
- Other operating charges +€978
up €978 (+253%), from €387 to €1,365
- Gross operating margin +€641
up €641 (+1.3%), from €49,295 to €49,936
- Taxes +€616
up €616 (+4.6%), from €13,278 to €13,893
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 | €96,882 | €128,752 | +€31,869 | +32.9% |
| Fixed assets | 21/28 | €2,586 | €1,598 | -€988 | -38.2% |
| Tangible fixed assets | 22/27 | €2,586 | €1,598 | -€988 | -38.2% |
| Plant, machinery and equipment | 23 | €2,586 | €1,598 | -€988 | -38.2% |
| Current assets | 29/58 | €94,296 | €127,153 | +€32,857 | +34.8% |
| Amounts receivable within one year | 40/41 | €16,093 | €34,210 | +€18,117 | +113% |
| Trade receivables | 40 | €16,093 | €34,210 | +€18,117 | +113% |
| Cash at bank and in hand | 54/58 | €77,531 | €91,927 | +€14,395 | +18.6% |
| Deferred charges and accrued income | 490/1 | €672 | €1,017 | +€345 | +51.3% |
| Total equity and liabilities | 10/49 | €96,882 | €128,752 | +€31,869 | +32.9% |
| Equity | 10/15 | €59,493 | €91,422 | +€31,928 | +53.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €56,493 | €88,422 | +€31,928 | +56.5% |
| Distributable reserves | 133 | €56,493 | €88,422 | +€31,928 | +56.5% |
| Amounts payable | 17/49 | €37,389 | €37,330 | -€59 | -0.2% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,708 | €26,420 | -€288 | -1.1% |
| Trade debts | 44 | €363 | €1,321 | +€959 | +264% |
| Suppliers | 440/4 | €363 | €1,321 | +€959 | +264% |
| Taxes, remuneration and social security | 45 | €23,776 | €19,382 | -€4,395 | -18.5% |
| Taxes | 450/3 | €16,003 | €17,382 | +€1,379 | +8.6% |
| Remuneration and social security | 454/9 | €7,774 | €2,000 | -€5,774 | -74.3% |
| Other amounts payable | 47/48 | €2,569 | €5,717 | +€3,148 | +123% |
| Accrued charges and deferred income | 492/3 | €681 | €910 | +€229 | +33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €703 | €988 | +€285 | +40.5% |
| Other operating charges | 640/8 | €387 | €1,365 | +€978 | +253% |
| Gross operating margin | 9900 | €49,295 | €49,936 | +€641 | +1.3% |
| Operating profit (loss) | 9901 | €48,205 | €47,582 | -€622 | -1.3% |
| Financial income | 75/76B | €3 | €1 | -€2 | -70.2% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -70.2% |
| Financial charges | 65/66B | €754 | €902 | +€149 | +19.8% |
| Recurring financial charges | 65 | €754 | €902 | +€149 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €47,454 | €46,681 | -€773 | -1.6% |
| Income taxes | 67/77 | €13,278 | €13,893 | +€616 | +4.6% |
| Profit (loss) for the period | 9904 | €34,176 | €32,787 | -€1,389 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,176 | €32,787 | -€1,389 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.