KTC & Co: 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.
KTC & Co
Largest movements
- Receivables within one year -€5,481
down €5,481 (-86.4%), from €6,344 to €863
of which Trade receivables: -€5,481
- Stocks and contracts +€1,878
up €1,878 (+37.0%), from €5,076 to €6,953
- Cash +€928
up €928 (+10.6%), from €8,730 to €9,658
mainly Receivables within one year (+€5,481) and Net result for the year (+€721)
- Tangible fixed assets -€533
down €533 (-37.9%), from €1,408 to €874
- Tax, wage and social debts -€4,224
down €4,224 (-75.2%), from €5,614 to €1,390
of which Taxes: -€4,224
- Reserves +€721
up €721 (+17.8%), from €4,050 to €4,771
- Other debts +€222
up €222 (+2.5%), from €8,813 to €9,035
- Gross operating margin -€5,901
down €5,901 (-74.8%), from €7,885 to €1,984
- Depreciation -€1,342
down €1,342 (-71.6%), from €1,875 to €533
- Taxes -€1,113
down €1,113 (-63.9%), from €1,742 to €629
- Other operating charges -€200
no longer reported in 2025 (was €200)
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 | €21,558 | €18,349 | -€3,209 | -14.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,408 | €874 | -€533 | -37.9% |
| Tangible fixed assets | 22/27 | €1,408 | €874 | -€533 | -37.9% |
| Furniture and vehicles | 24 | €1,408 | €874 | -€533 | -37.9% |
| Current assets | 29/58 | €20,150 | €17,474 | -€2,676 | -13.3% |
| Stocks and contracts in progress | 3 | €5,076 | €6,953 | +€1,878 | +37.0% |
| Stocks | 30/36 | €5,076 | €6,953 | +€1,878 | +37.0% |
| Amounts receivable within one year | 40/41 | €6,344 | €863 | -€5,481 | -86.4% |
| Trade receivables | 40 | €6,344 | €863 | -€5,481 | -86.4% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €8,730 | €9,658 | +€928 | +10.6% |
| Total equity and liabilities | 10/49 | €21,558 | €18,349 | -€3,209 | -14.9% |
| Equity | 10/15 | €7,050 | €7,771 | +€721 | +10.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,050 | €4,771 | +€721 | +17.8% |
| Distributable reserves | 133 | €4,050 | €4,771 | +€721 | +17.8% |
| Amounts payable | 17/49 | €14,508 | €10,578 | -€3,930 | -27.1% |
| Amounts payable within one year | 42/48 | €14,508 | €10,578 | -€3,930 | -27.1% |
| Trade debts | 44 | €81 | €152 | +€72 | +89.2% |
| Suppliers | 440/4 | €81 | €152 | +€72 | +89.2% |
| Taxes, remuneration and social security | 45 | €5,614 | €1,390 | -€4,224 | -75.2% |
| Taxes | 450/3 | €5,614 | €1,390 | -€4,224 | -75.2% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €8,813 | €9,035 | +€222 | +2.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,875 | €533 | -€1,342 | -71.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €40 | +€40 | |
| Other operating charges | 640/8 | €200 | - | -€200 | |
| Gross operating margin | 9900 | €7,885 | €1,984 | -€5,901 | -74.8% |
| Operating profit (loss) | 9901 | €5,810 | €1,411 | -€4,399 | -75.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €18 | €61 | +€44 | +249.0% |
| Recurring financial charges | 65 | €18 | €61 | +€44 | +249.0% |
| Profit (loss) for the period before taxes | 9903 | €5,792 | €1,350 | -€4,442 | -76.7% |
| Income taxes | 67/77 | €1,742 | €629 | -€1,113 | -63.9% |
| Profit (loss) for the period | 9904 | €4,050 | €721 | -€3,329 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,050 | €721 | -€3,329 | -82.2% |
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 7 October 2026 via checked.be.