KS PROPERTIES: 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 PROPERTIES
Largest movements
- Cash +€382
up €382 (+143%), from €268 to €650
mainly Other debts (+€2,600) and Trade debts (+€1,099)
- Receivables within one year -€298
down €298 (-100%), from €298 to €0
- Profit (loss) carried forward -€3,614
down €3,614 (-4.6%), from -€79,242 to -€82,856
- Other debts +€2,600
up €2,600 (+3.5%), from €73,329 to €75,929
- Trade debts +€1,099
up €1,099 (+395%), from €278 to €1,377
- Gross operating margin -€57,836
down €57,836, from €55,073 to -€2,763
- Financial charges -€7,082
down €7,082 (-94.8%), from €7,473 to €391
- Other operating charges -€1,318
down €1,318 (-74.1%), from €1,778 to €460
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 | €566 | €650 | +€84 | +14.9% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €566 | €650 | +€84 | +14.9% |
| Amounts receivable within one year | 40/41 | €298 | €0 | -€298 | -100% |
| Trade receivables | 40 | €298 | €0 | -€298 | -100% |
| Cash at bank and in hand | 54/58 | €268 | €650 | +€382 | +143% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €566 | €650 | +€84 | +14.9% |
| Equity | 10/15 | -€73,042 | -€76,656 | -€3,614 | -4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,242 | -€82,856 | -€3,614 | -4.6% |
| Amounts payable | 17/49 | €73,607 | €77,306 | +€3,699 | +5.0% |
| Amounts payable within one year | 42/48 | €73,607 | €77,306 | +€3,699 | +5.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €278 | €1,377 | +€1,099 | +395% |
| Suppliers | 440/4 | €278 | €1,377 | +€1,099 | +395% |
| Other amounts payable | 47/48 | €73,329 | €75,929 | +€2,600 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,778 | €460 | -€1,318 | -74.1% |
| Gross operating margin | 9900 | €55,073 | -€2,763 | -€57,836 | |
| Operating profit (loss) | 9901 | €53,295 | -€3,223 | -€56,518 | |
| Financial charges | 65/66B | €7,473 | €391 | -€7,082 | -94.8% |
| Recurring financial charges | 65 | €7,473 | €391 | -€7,082 | -94.8% |
| Profit (loss) for the period before taxes | 9903 | €45,822 | -€3,614 | -€49,436 | |
| Profit (loss) for the period | 9904 | €45,822 | -€3,614 | -€49,436 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,822 | -€3,614 | -€49,436 |
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 14 October 2026 via checked.be.