KTS Group: 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 Group
Largest movements
- Receivables within one year -€62,414
down €62,414 (-70.6%), from €88,408 to €25,994
of which Trade receivables: -€59,186
- Tangible fixed assets -€11,459
down €11,459 (-45.9%), from €24,939 to €13,480
- Trade debts -€31,369
down €31,369 (-53.9%), from €58,251 to €26,882
- Tax, wage and social debts -€18,727
down €18,727 (-62.9%), from €29,787 to €11,059
of which Taxes: -€11,504
- Other debts +€15,500
up €15,500 (+72.9%), from €21,250 to €36,750
- Short-term financial debts -€15,146
down €15,146 (-45.6%), from €33,209 to €18,063
- Current portion of long-term debt -€11,795
down €11,795 (-84.3%), from €13,996 to €2,201
- Staff costs -€130,747
down €130,747 (-43.4%), from €301,416 to €170,669
- Gross operating margin -€41,348
down €41,348 (-18.1%), from €228,035 to €186,687
- Financial charges +€8,174
up €8,174 (+135.0%), from €6,053 to €14,227
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,359 | €40,704 | -€73,655 | -64.4% |
| Fixed assets | 21/28 | €24,939 | €13,480 | -€11,459 | -45.9% |
| Tangible fixed assets | 22/27 | €24,939 | €13,480 | -€11,459 | -45.9% |
| Furniture and vehicles | 24 | €24,939 | €13,480 | -€11,459 | -45.9% |
| Current assets | 29/58 | €89,420 | €27,224 | -€62,196 | -69.6% |
| Amounts receivable within one year | 40/41 | €88,408 | €25,994 | -€62,414 | -70.6% |
| Trade receivables | 40 | €79,527 | €20,342 | -€59,186 | -74.4% |
| Other amounts receivable | 41 | €8,880 | €5,652 | -€3,228 | -36.4% |
| Deferred charges and accrued income | 490/1 | €1,012 | €1,230 | +€218 | +21.5% |
| Total equity and liabilities | 10/49 | €114,359 | €40,704 | -€73,655 | -64.4% |
| Equity | 10/15 | -€44,335 | -€54,252 | -€9,917 | -22.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,335 | -€60,252 | -€9,917 | -19.7% |
| Amounts payable | 17/49 | €158,695 | €94,956 | -€63,739 | -40.2% |
| Amounts payable after more than one year | 17 | €2,201 | - | -€2,201 | |
| Financial debts | 170/4 | €2,201 | - | -€2,201 | |
| Amounts payable within one year | 42/48 | €156,493 | €94,956 | -€61,538 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €13,996 | €2,201 | -€11,795 | -84.3% |
| Financial debts | 43 | €33,209 | €18,063 | -€15,146 | -45.6% |
| Credit institutions | 430/8 | €33,209 | €18,063 | -€15,146 | -45.6% |
| Trade debts | 44 | €58,251 | €26,882 | -€31,369 | -53.9% |
| Suppliers | 440/4 | €58,251 | €26,882 | -€31,369 | -53.9% |
| Taxes, remuneration and social security | 45 | €29,787 | €11,059 | -€18,727 | -62.9% |
| Taxes | 450/3 | €11,793 | €289 | -€11,504 | -97.6% |
| Remuneration and social security | 454/9 | €17,994 | €10,771 | -€7,223 | -40.1% |
| Other amounts payable | 47/48 | €21,250 | €36,750 | +€15,500 | +72.9% |
| Non-recurring operating income | 76A | €4,103 | - | -€4,103 | |
| Remuneration, social security and pensions | 62 | €301,416 | €170,669 | -€130,747 | -43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,514 | €11,459 | -€55 | -0.5% |
| Other operating charges | 640/8 | €1,431 | €804 | -€627 | -43.8% |
| Gross operating margin | 9900 | €228,035 | €186,687 | -€41,348 | -18.1% |
| Operating profit (loss) | 9901 | -€86,326 | €3,755 | +€90,081 | |
| Financial income | 75/76B | €124 | €556 | +€431 | +347.6% |
| Recurring financial income | 75 | €124 | €556 | +€431 | +347.6% |
| Financial charges | 65/66B | €6,053 | €14,227 | +€8,174 | +135.0% |
| Recurring financial charges | 65 | €6,053 | €14,227 | +€8,174 | +135.0% |
| Profit (loss) for the period before taxes | 9903 | -€92,255 | -€9,917 | +€82,338 | +89.3% |
| Profit (loss) for the period | 9904 | -€92,255 | -€9,917 | +€82,338 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,255 | -€9,917 | +€82,338 | +89.3% |
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 11 October 2026 via checked.be.