kts can: 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.
kts can
Largest movements
- Receivables within one year -€15,288
down €15,288 (-20.3%), from €75,373 to €60,085
of which Trade receivables: -€25,323
- Cash -€11,785
down €11,785 (-75.6%), from €15,587 to €3,802
mainly Contributions, distributions and other (-€99,489) and Accrued charges and deferred income (-€41,253)
- Deferred charges and accrued income +€6,112
up €6,112 (+40.3%), from €15,173 to €21,284
- Accrued charges and deferred income -€41,253
down €41,253 (-94.5%), from €43,660 to €2,408
- Profit (loss) carried forward +€33,126
no longer reported in 2025 (was -€33,126)
- Tax, wage and social debts -€19,687
down €19,687 (-83.4%), from €23,608 to €3,921
of which Taxes: -€17,470
- Other debts +€9,021
up €9,021 (+62.7%), from €14,384 to €23,405
- Reserves -€5,274
down €5,274 (-2.5%), from €208,191 to €202,917
of which Distributable reserves: -€3,414
- Gross operating margin +€161,121
up €161,121, from -€6,327 to €154,794
- Taxes +€24,321
up €24,321 (+576%), from €4,221 to €28,542
- Staff costs -€17,307
down €17,307 (-91.9%), from €18,829 to €1,522
- Other operating charges -€4,622
down €4,622 (-81.0%), from €5,710 to €1,087
- Financial income +€1,651
up €1,651 (+59.2%), from €2,790 to €4,442
of which Financial income: +€1,651
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 | €292,909 | €272,228 | -€20,681 | -7.1% |
| Fixed assets | 21/28 | €186,776 | €187,057 | +€281 | +0.2% |
| Tangible fixed assets | 22/27 | - | €281 | +€281 | |
| Plant, machinery and equipment | 23 | - | €281 | +€281 | |
| Financial fixed assets | 28 | €186,776 | €186,776 | = | 0.0% |
| Current assets | 29/58 | €106,132 | €85,171 | -€20,962 | -19.8% |
| Amounts receivable within one year | 40/41 | €75,373 | €60,085 | -€15,288 | -20.3% |
| Trade receivables | 40 | €73,344 | €48,021 | -€25,323 | -34.5% |
| Other amounts receivable | 41 | €2,029 | €12,064 | +€10,035 | +494% |
| Cash at bank and in hand | 54/58 | €15,587 | €3,802 | -€11,785 | -75.6% |
| Deferred charges and accrued income | 490/1 | €15,173 | €21,284 | +€6,112 | +40.3% |
| Total equity and liabilities | 10/49 | €292,909 | €272,228 | -€20,681 | -7.1% |
| Equity | 10/15 | €193,665 | €221,517 | +€27,851 | +14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,191 | €202,917 | -€5,274 | -2.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €206,331 | €202,917 | -€3,414 | -1.7% |
| Profit (loss) carried forward | 14 | -€33,126 | - | +€33,126 | |
| Amounts payable | 17/49 | €99,243 | €50,711 | -€48,532 | -48.9% |
| Amounts payable within one year | 42/48 | €55,583 | €48,304 | -€7,279 | -13.1% |
| Trade debts | 44 | €17,591 | €20,977 | +€3,386 | +19.2% |
| Suppliers | 440/4 | €17,591 | €20,977 | +€3,386 | +19.2% |
| Taxes, remuneration and social security | 45 | €23,608 | €3,921 | -€19,687 | -83.4% |
| Taxes | 450/3 | €17,470 | - | -€17,470 | |
| Remuneration and social security | 454/9 | €6,138 | €3,921 | -€2,217 | -36.1% |
| Other amounts payable | 47/48 | €14,384 | €23,405 | +€9,021 | +62.7% |
| Accrued charges and deferred income | 492/3 | €43,660 | €2,408 | -€41,253 | -94.5% |
| Remuneration, social security and pensions | 62 | €18,829 | €1,522 | -€17,307 | -91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78 | €37 | -€41 | -52.7% |
| Other operating charges | 640/8 | €5,710 | €1,087 | -€4,622 | -81.0% |
| Gross operating margin | 9900 | -€6,327 | €154,794 | +€161,121 | |
| Operating profit (loss) | 9901 | -€30,943 | €152,148 | +€183,091 | |
| Financial income | 75/76B | €2,790 | €4,442 | +€1,651 | +59.2% |
| Recurring financial income | 75 | €2,790 | €4,442 | +€1,651 | +59.2% |
| Non-recurring financial income | 76B | €2,790 | €4,442 | +€1,651 | +59.2% |
| Financial charges | 65/66B | €752 | €708 | -€44 | -5.9% |
| Recurring financial charges | 65 | €752 | €708 | -€44 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | -€28,905 | €155,882 | +€184,787 | |
| Income taxes | 67/77 | €4,221 | €28,542 | +€24,321 | +576% |
| Profit (loss) for the period | 9904 | -€33,126 | €127,340 | +€160,466 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,126 | €127,340 | +€160,466 |
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 14 October 2026 via checked.be.