KST R & D: 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.
KST R & D
Largest movements
- Receivables within one year -€5,704
down €5,704 (-8.0%), from €71,034 to €65,330
of which Trade receivables: -€5,704
- Tax, wage and social debts -€16,853
down €16,853 (-48.8%), from €34,514 to €17,661
of which Taxes: -€16,885
- Other debts +€14,078
new in 2025: €14,078
- Trade debts -€3,692
down €3,692 (-12.8%), from €28,828 to €25,136
- Profit (loss) carried forward +€930
up €930 (+16.2%), from -€5,740 to -€4,810
- Taxes -€4,122
down €4,122, from €3,116 to -€1,006
- Staff costs +€2,973
up €2,973 (+4.4%), from €67,130 to €70,102
- Gross operating margin -€1,472
down €1,472 (-2.0%), from €74,146 to €72,674
- Other operating charges +€1,051
up €1,051 (+170%), from €619 to €1,670
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 | €71,352 | €65,816 | -€5,536 | -7.8% |
| Current assets | 29/58 | €71,352 | €65,816 | -€5,536 | -7.8% |
| Amounts receivable within one year | 40/41 | €71,034 | €65,330 | -€5,704 | -8.0% |
| Trade receivables | 40 | €70,704 | €65,000 | -€5,704 | -8.1% |
| Other amounts receivable | 41 | €330 | €330 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102 | €259 | +€157 | +155% |
| Deferred charges and accrued income | 490/1 | €216 | €227 | +€10 | +4.8% |
| Total equity and liabilities | 10/49 | €71,352 | €65,816 | -€5,536 | -7.8% |
| Equity | 10/15 | €8,010 | €8,940 | +€930 | +11.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,250 | €1,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,740 | -€4,810 | +€930 | +16.2% |
| Amounts payable | 17/49 | €63,342 | €56,876 | -€6,466 | -10.2% |
| Amounts payable within one year | 42/48 | €63,342 | €56,876 | -€6,466 | -10.2% |
| Trade debts | 44 | €28,828 | €25,136 | -€3,692 | -12.8% |
| Suppliers | 440/4 | €28,828 | €25,136 | -€3,692 | -12.8% |
| Taxes, remuneration and social security | 45 | €34,514 | €17,661 | -€16,853 | -48.8% |
| Taxes | 450/3 | €25,096 | €8,211 | -€16,885 | -67.3% |
| Remuneration and social security | 454/9 | €9,418 | €9,450 | +€32 | +0.3% |
| Other amounts payable | 47/48 | - | €14,078 | +€14,078 | |
| Remuneration, social security and pensions | 62 | €67,130 | €70,102 | +€2,973 | +4.4% |
| Other operating charges | 640/8 | €619 | €1,670 | +€1,051 | +170% |
| Gross operating margin | 9900 | €74,146 | €72,674 | -€1,472 | -2.0% |
| Operating profit (loss) | 9901 | €6,397 | €902 | -€5,496 | -85.9% |
| Financial charges | 65/66B | €274 | €977 | +€703 | +257% |
| Recurring financial charges | 65 | €274 | €977 | +€703 | +257% |
| Profit (loss) for the period before taxes | 9903 | €6,123 | -€76 | -€6,199 | |
| Income taxes | 67/77 | €3,116 | -€1,006 | -€4,122 | |
| Profit (loss) for the period | 9904 | €3,008 | €930 | -€2,078 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,008 | €930 | -€2,078 | -69.1% |
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 20 October 2026 via checked.be.