KS TECH: what changed
Two fiscal 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 TECH
Largest movements
- Receivables within one year -€13,867
down €13,867 (-30.9%), from €44,810 to €30,942
- Tangible fixed assets -€12,862
down €12,862 (-13.5%), from €95,097 to €82,235
of which Other tangible fixed assets: -€12,454
- Profit (loss) carried forward -€63,408
down €63,408, from €13,958 to -€49,449
- Debts after one year +€32,798
up €32,798 (+108.2%), from €30,312 to €63,110
of which Other amounts payable: +€41,269
- Tax, wage and social debts +€6,187
up €6,187 (+30.9%), from €20,015 to €26,201
- Trade debts -€5,923
down €5,923 (-15.3%), from €38,750 to €32,828
- Short-term financial debts +€4,565
up €4,565 (+10.6%), from €42,877 to €47,442
of which Other loans: +€14,883
- Purchases and services +€60,081
up €60,081 (+62.4%), from €96,277 to €156,357
- Gross operating margin -€43,223
down €43,223, from €10,496 to -€32,727
- Turnover +€11,774
up €11,774 (+11.8%), from €99,840 to €111,614
- Depreciation +€9,739
up €9,739 (+311.9%), from €3,122 to €12,862
- Financial charges +€4,265
up €4,265 (+40.1%), from €10,627 to €14,892
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.
Cash bridge derived
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 | €166,045 | €139,941 | -€26,103 | -15.7% |
| Fixed assets | 21/28 | €120,837 | €107,975 | -€12,862 | -10.6% |
| Tangible fixed assets | 22/27 | €95,097 | €82,235 | -€12,862 | -13.5% |
| Furniture and vehicles | 24 | €609 | €201 | -€407 | -66.9% |
| Other tangible fixed assets | 26 | €94,488 | €82,034 | -€12,454 | -13.2% |
| Financial fixed assets | 28 | €25,740 | €25,740 | = | 0.0% |
| Current assets | 29/58 | €45,207 | €31,966 | -€13,242 | -29.3% |
| Amounts receivable within one year | 40/41 | €44,810 | €30,942 | -€13,867 | -30.9% |
| Trade receivables | 40 | €44,810 | €30,942 | -€13,867 | -30.9% |
| Cash at bank and in hand | 54/58 | €398 | €1,023 | +€626 | +157.2% |
| Total equity and liabilities | 10/49 | €166,045 | €139,941 | -€26,103 | -15.7% |
| Equity | 10/15 | €16,458 | -€46,949 | -€63,408 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,958 | -€49,449 | -€63,408 | |
| Amounts payable | 17/49 | €149,586 | €186,891 | +€37,304 | +24.9% |
| Amounts payable after more than one year | 17 | €30,312 | €63,110 | +€32,798 | +108.2% |
| Financial debts | 170/4 | €30,312 | €21,842 | -€8,471 | -27.9% |
| Other amounts payable | 178/9 | - | €41,269 | +€41,269 | |
| Amounts payable within one year | 42/48 | €119,274 | €123,780 | +€4,506 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €7,693 | €8,471 | +€778 | +10.1% |
| Financial debts | 43 | €42,877 | €47,442 | +€4,565 | +10.6% |
| Credit institutions | 430/8 | €42,877 | €32,558 | -€10,318 | -24.1% |
| Other loans | 439 | - | €14,883 | +€14,883 | |
| Trade debts | 44 | €38,750 | €32,828 | -€5,923 | -15.3% |
| Suppliers | 440/4 | €38,750 | €32,828 | -€5,923 | -15.3% |
| Taxes, remuneration and social security | 45 | €20,015 | €26,201 | +€6,187 | +30.9% |
| Taxes | 450/3 | €20,015 | €26,201 | +€6,187 | +30.9% |
| Other amounts payable | 47/48 | €9,939 | €8,839 | -€1,100 | -11.1% |
| Turnover | 70 | €99,840 | €111,614 | +€11,774 | +11.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €96,277 | €156,357 | +€60,081 | +62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,122 | €12,862 | +€9,739 | +311.9% |
| Non-recurring operating charges | 66A | €2,295 | €100 | -€2,195 | -95.6% |
| Gross operating margin | 9900 | €10,496 | -€32,727 | -€43,223 | |
| Operating profit (loss) | 9901 | €5,078 | -€45,689 | -€50,768 | |
| Financial income | 75/76B | €288 | €0 | -€288 | -100.0% |
| Recurring financial income | 75 | €288 | €0 | -€288 | -100.0% |
| Financial charges | 65/66B | €10,627 | €14,892 | +€4,265 | +40.1% |
| Recurring financial charges | 65 | €10,627 | €14,892 | +€4,265 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,260 | -€60,581 | -€55,321 | -1051.7% |
| Income taxes | 67/77 | - | €2,826 | +€2,826 | |
| Profit (loss) for the period | 9904 | -€5,260 | -€63,408 | -€58,147 | -1105.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,260 | -€63,408 | -€58,147 | -1105.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.