KS thétique: 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 thétique
Largest movements
- Cash +€27,765
up €27,765 (+114%), from €24,324 to €52,089
mainly Net result for the year (+€25,981) and Receivables within one year (+€2,096)
- Stocks and contracts +€2,390
up €2,390 (+199%), from €1,200 to €3,590
- Receivables within one year -€2,096
down €2,096 (-30.6%), from €6,851 to €4,755
of which Trade receivables: -€2,525
- Tangible fixed assets -€2,007
down €2,007 (-38.3%), from €5,234 to €3,227
- Deferred charges and accrued income +€1,695
up €1,695 (+411%), from €412 to €2,107
- Reserves +€25,981
up €25,981 (+93.6%), from €27,754 to €53,736
- Accrued charges and deferred income -€2,500
down €2,500 (-100%), from €2,500 to €0
- Tax, wage and social debts +€1,914
up €1,914 (+42.3%), from €4,523 to €6,438
- Short-term financial debts +€1,530
up €1,530 (+15,300%), from €10 to €1,540
- Trade debts +€821
up €821 (+350%), from €234 to €1,055
- Gross operating margin +€16,526
up €16,526 (+83.9%), from €19,706 to €36,232
- Other operating charges -€4,701
down €4,701 (-97.4%), from €4,828 to €128
- Taxes +€4,392
up €4,392 (+152%), from €2,887 to €7,279
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 | €38,022 | €65,769 | +€27,747 | +73.0% |
| Fixed assets | 21/28 | €5,234 | €3,227 | -€2,007 | -38.3% |
| Tangible fixed assets | 22/27 | €5,234 | €3,227 | -€2,007 | -38.3% |
| Plant, machinery and equipment | 23 | €5,234 | €3,227 | -€2,007 | -38.3% |
| Current assets | 29/58 | €32,788 | €62,542 | +€29,754 | +90.7% |
| Stocks and contracts in progress | 3 | €1,200 | €3,590 | +€2,390 | +199% |
| Stocks | 30/36 | €1,200 | €3,590 | +€2,390 | +199% |
| Amounts receivable within one year | 40/41 | €6,851 | €4,755 | -€2,096 | -30.6% |
| Trade receivables | 40 | €2,525 | €0 | -€2,525 | -100% |
| Other amounts receivable | 41 | €4,326 | €4,755 | +€429 | +9.9% |
| Cash at bank and in hand | 54/58 | €24,324 | €52,089 | +€27,765 | +114% |
| Deferred charges and accrued income | 490/1 | €412 | €2,107 | +€1,695 | +411% |
| Total equity and liabilities | 10/49 | €38,022 | €65,769 | +€27,747 | +73.0% |
| Equity | 10/15 | €30,754 | €56,736 | +€25,981 | +84.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,754 | €53,736 | +€25,981 | +93.6% |
| Distributable reserves | 133 | €27,754 | €53,736 | +€25,981 | +93.6% |
| Amounts payable | 17/49 | €7,268 | €9,033 | +€1,765 | +24.3% |
| Amounts payable within one year | 42/48 | €4,768 | €9,033 | +€4,265 | +89.5% |
| Financial debts | 43 | €10 | €1,540 | +€1,530 | +15,300% |
| Credit institutions | 430/8 | €10 | €1,540 | +€1,530 | +15,300% |
| Trade debts | 44 | €234 | €1,055 | +€821 | +350% |
| Suppliers | 440/4 | €234 | €1,055 | +€821 | +350% |
| Taxes, remuneration and social security | 45 | €4,523 | €6,438 | +€1,914 | +42.3% |
| Taxes | 450/3 | €4,523 | €6,438 | +€1,914 | +42.3% |
| Accrued charges and deferred income | 492/3 | €2,500 | €0 | -€2,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,007 | €2,007 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,828 | €128 | -€4,701 | -97.4% |
| Gross operating margin | 9900 | €19,706 | €36,232 | +€16,526 | +83.9% |
| Operating profit (loss) | 9901 | €12,871 | €34,098 | +€21,227 | +165% |
| Financial income | 75/76B | €353 | €224 | -€129 | -36.6% |
| Recurring financial income | 75 | €353 | €224 | -€129 | -36.6% |
| Financial charges | 65/66B | €794 | €1,061 | +€267 | +33.6% |
| Recurring financial charges | 65 | €794 | €1,061 | +€267 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €12,429 | €33,260 | +€20,831 | +168% |
| Income taxes | 67/77 | €2,887 | €7,279 | +€4,392 | +152% |
| Profit (loss) for the period | 9904 | €9,542 | €25,981 | +€16,439 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €9,542 | €25,981 | +€16,439 | +172% |
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 30 October 2026 via checked.be.