KSG Pools: 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.
KSG Pools
Largest movements
- Cash +€37,220
up €37,220 (+128%), from €29,086 to €66,306
mainly Net result for the year (+€34,442) and Other debts (+€26,453)
- Receivables within one year -€25,801
down €25,801 (-95.7%), from €26,954 to €1,153
of which Trade receivables: -€26,189
- Tangible fixed assets -€1,566
down €1,566 (-45.0%), from €3,480 to €1,914
of which Furniture and vehicles: -€922
- Stocks and contracts +€951
up €951 (+16.7%), from €5,688 to €6,639
- Other debts +€26,453
up €26,453 (+1,081%), from €2,446 to €28,899
- Trade debts -€9,011
down €9,011 (-85.5%), from €10,545 to €1,534
- Tax, wage and social debts -€7,029
down €7,029 (-78.0%), from €9,009 to €1,980
- Gross operating margin +€6,080
up €6,080 (+15.5%), from €39,153 to €45,233
- Taxes +€1,169
up €1,169 (+15.7%), from €7,443 to €8,612
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 | €65,213 | €76,068 | +€10,855 | +16.6% |
| Fixed assets | 21/28 | €3,480 | €1,914 | -€1,566 | -45.0% |
| Tangible fixed assets | 22/27 | €3,480 | €1,914 | -€1,566 | -45.0% |
| Plant, machinery and equipment | 23 | €1,151 | €507 | -€644 | -56.0% |
| Furniture and vehicles | 24 | €2,329 | €1,407 | -€922 | -39.6% |
| Current assets | 29/58 | €61,733 | €74,154 | +€12,421 | +20.1% |
| Stocks and contracts in progress | 3 | €5,688 | €6,639 | +€951 | +16.7% |
| Stocks | 30/36 | €5,688 | €6,639 | +€951 | +16.7% |
| Amounts receivable within one year | 40/41 | €26,954 | €1,153 | -€25,801 | -95.7% |
| Trade receivables | 40 | €26,954 | €765 | -€26,189 | -97.2% |
| Other amounts receivable | 41 | - | €388 | +€388 | |
| Cash at bank and in hand | 54/58 | €29,086 | €66,306 | +€37,220 | +128% |
| Deferred charges and accrued income | 490/1 | €5 | €56 | +€51 | +1,046% |
| Total equity and liabilities | 10/49 | €65,213 | €76,068 | +€10,855 | +16.6% |
| Equity | 10/15 | €43,213 | €43,655 | +€442 | +1.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,713 | €41,155 | +€442 | +1.1% |
| Distributable reserves | 133 | €40,713 | €41,155 | +€442 | +1.1% |
| Amounts payable | 17/49 | €22,000 | €32,413 | +€10,413 | +47.3% |
| Amounts payable within one year | 42/48 | €22,000 | €32,413 | +€10,413 | +47.3% |
| Trade debts | 44 | €10,545 | €1,534 | -€9,011 | -85.5% |
| Suppliers | 440/4 | €10,545 | €1,534 | -€9,011 | -85.5% |
| Taxes, remuneration and social security | 45 | €9,009 | €1,980 | -€7,029 | -78.0% |
| Taxes | 450/3 | €9,009 | €1,980 | -€7,029 | -78.0% |
| Other amounts payable | 47/48 | €2,446 | €28,899 | +€26,453 | +1,081% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,418 | €1,566 | +€149 | +10.5% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €39,153 | €45,233 | +€6,080 | +15.5% |
| Operating profit (loss) | 9901 | €37,230 | €43,147 | +€5,917 | +15.9% |
| Financial charges | 65/66B | €105 | €93 | -€13 | -11.9% |
| Recurring financial charges | 65 | €105 | €93 | -€13 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €37,125 | €43,054 | +€5,929 | +16.0% |
| Income taxes | 67/77 | €7,443 | €8,612 | +€1,169 | +15.7% |
| Profit (loss) for the period | 9904 | €29,682 | €34,442 | +€4,760 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,682 | €34,442 | +€4,760 | +16.0% |
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 16 October 2026 via checked.be.