KS RENOVATION: what changed
KS RENOVATION
Largest movements
- Tangible fixed assets -€6,044
down €6,044 (-78.0%), from €7,749 to €1,706
- Receivables within one year -€4,406
down €4,406 (-12.9%), from €34,194 to €29,788
of which Other amounts receivable: -€4,406
- Cash -€2,284
down €2,284 (-72.4%), from €3,157 to €873
mainly Net result for the year (-€8,111) and Other debts (-€3,500)
- Profit (loss) carried forward -€8,111
down €8,111 (-27.5%), from €29,528 to €21,417
- Other debts -€3,500
down €3,500 (-100%), from €3,500 to €0
- Trade debts -€1,154
down €1,154 (-11.4%), from €10,129 to €8,975
- Gross operating margin -€17,860
down €17,860, from €17,208 to -€652
- Taxes -€1,275
down €1,275 (-67.7%), from €1,883 to €608
- Other operating charges +€407
up €407 (+125%), from €325 to €733
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,100 | €32,366 | -€12,734 | -28.2% |
| Fixed assets | 21/28 | €7,749 | €1,706 | -€6,044 | -78.0% |
| Tangible fixed assets | 22/27 | €7,749 | €1,706 | -€6,044 | -78.0% |
| Furniture and vehicles | 24 | €7,749 | €1,706 | -€6,044 | -78.0% |
| Current assets | 29/58 | €37,351 | €30,661 | -€6,690 | -17.9% |
| Amounts receivable within one year | 40/41 | €34,194 | €29,788 | -€4,406 | -12.9% |
| Trade receivables | 40 | €643 | €643 | = | 0.0% |
| Other amounts receivable | 41 | €33,551 | €29,145 | -€4,406 | -13.1% |
| Cash at bank and in hand | 54/58 | €3,157 | €873 | -€2,284 | -72.4% |
| Total equity and liabilities | 10/49 | €45,100 | €32,366 | -€12,734 | -28.2% |
| Equity | 10/15 | €31,472 | €23,360 | -€8,111 | -25.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €943 | €943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €943 | €943 | = | 0.0% |
| Legal reserve | 130 | €943 | €943 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,528 | €21,417 | -€8,111 | -27.5% |
| Amounts payable | 17/49 | €13,629 | €9,006 | -€4,623 | -33.9% |
| Amounts payable within one year | 42/48 | €13,629 | €9,006 | -€4,623 | -33.9% |
| Trade debts | 44 | €10,129 | €8,975 | -€1,154 | -11.4% |
| Suppliers | 440/4 | €10,129 | €8,975 | -€1,154 | -11.4% |
| Taxes, remuneration and social security | 45 | - | €31 | +€31 | |
| Taxes | 450/3 | - | €31 | +€31 | |
| Other amounts payable | 47/48 | €3,500 | €0 | -€3,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,044 | €6,044 | = | 0.0% |
| Other operating charges | 640/8 | €325 | €733 | +€407 | +125% |
| Gross operating margin | 9900 | €17,208 | -€652 | -€17,860 | |
| Operating profit (loss) | 9901 | €10,839 | -€7,429 | -€18,268 | |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €10,765 | -€7,504 | -€18,269 | |
| Income taxes | 67/77 | €1,883 | €608 | -€1,275 | -67.7% |
| Profit (loss) for the period | 9904 | €8,882 | -€8,111 | -€16,994 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,882 | -€8,111 | -€16,994 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.