KUS SHOP: 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.
KUS SHOP
Largest movements
- Tangible fixed assets +€35,314
up €35,314 (+46.1%), from €76,644 to €111,959
of which Furniture and vehicles: +€40,943
- Receivables within one year +€29,029
up €29,029 (+10.7%), from €270,984 to €300,013
of which Other amounts receivable: +€28,550
- Deferred charges and accrued income -€5,478
down €5,478 (-40.5%), from €13,520 to €8,042
- Debts after one year +€38,604
new in 2025: €38,604
- Trade debts -€25,237
down €25,237 (-41.7%), from €60,570 to €35,333
- Tax, wage and social debts +€19,716
up €19,716 (+58.2%), from €33,850 to €53,566
of which Remuneration and social security: +€14,136
- Profit (loss) carried forward +€13,115
up €13,115 (+27.6%), from €47,559 to €60,674
- Current portion of long-term debt +€6,634
new in 2025: €6,634
- Gross operating margin -€19,619
down €19,619 (-17.4%), from €112,558 to €92,939
- Financial charges +€13,735
up €13,735 (+368%), from €3,733 to €17,468
- Staff costs -€11,122
down €11,122 (-23.5%), from €47,333 to €36,210
- Other operating charges -€4,407
down €4,407 (-31.3%), from €14,063 to €9,657
- Depreciation +€3,534
up €3,534 (+57.6%), from €6,133 to €9,667
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 | €385,594 | €443,709 | +€58,115 | +15.1% |
| Fixed assets | 21/28 | €77,487 | €112,801 | +€35,314 | +45.6% |
| Tangible fixed assets | 22/27 | €76,644 | €111,959 | +€35,314 | +46.1% |
| Land and buildings | 22 | €71,233 | €67,369 | -€3,864 | -5.4% |
| Plant, machinery and equipment | 23 | €5,243 | €3,478 | -€1,765 | -33.7% |
| Furniture and vehicles | 24 | €168 | €41,111 | +€40,943 | +24,371% |
| Financial fixed assets | 28 | €843 | €843 | = | 0.0% |
| Current assets | 29/58 | €308,107 | €330,908 | +€22,801 | +7.4% |
| Stocks and contracts in progress | 3 | €19,206 | €22,852 | +€3,646 | +19.0% |
| Stocks | 30/36 | €19,206 | €22,852 | +€3,646 | +19.0% |
| Amounts receivable within one year | 40/41 | €270,984 | €300,013 | +€29,029 | +10.7% |
| Trade receivables | 40 | - | €480 | +€480 | |
| Other amounts receivable | 41 | €270,984 | €299,534 | +€28,550 | +10.5% |
| Cash at bank and in hand | 54/58 | €4,396 | - | -€4,396 | |
| Deferred charges and accrued income | 490/1 | €13,520 | €8,042 | -€5,478 | -40.5% |
| Total equity and liabilities | 10/49 | €385,594 | €443,709 | +€58,115 | +15.1% |
| Equity | 10/15 | €133,957 | €147,072 | +€13,115 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,797 | €67,797 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €65,937 | €65,937 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,559 | €60,674 | +€13,115 | +27.6% |
| Amounts payable | 17/49 | €251,637 | €296,637 | +€45,000 | +17.9% |
| Amounts payable after more than one year | 17 | - | €38,604 | +€38,604 | |
| Financial debts | 170/4 | - | €38,604 | +€38,604 | |
| Amounts payable within one year | 42/48 | €251,637 | €258,033 | +€6,396 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,634 | +€6,634 | |
| Financial debts | 43 | €8,950 | €9,418 | +€468 | +5.2% |
| Credit institutions | 430/8 | €8,950 | €9,418 | +€468 | +5.2% |
| Trade debts | 44 | €60,570 | €35,333 | -€25,237 | -41.7% |
| Suppliers | 440/4 | €60,570 | €35,333 | -€25,237 | -41.7% |
| Taxes, remuneration and social security | 45 | €33,850 | €53,566 | +€19,716 | +58.2% |
| Taxes | 450/3 | €21,913 | €27,493 | +€5,580 | +25.5% |
| Remuneration and social security | 454/9 | €11,937 | €26,073 | +€14,136 | +118% |
| Other amounts payable | 47/48 | €148,267 | €153,082 | +€4,816 | +3.2% |
| Non-recurring operating income | 76A | - | €10,744 | +€10,744 | |
| Remuneration, social security and pensions | 62 | €47,333 | €36,210 | -€11,122 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,133 | €9,667 | +€3,534 | +57.6% |
| Other operating charges | 640/8 | €14,063 | €9,657 | -€4,407 | -31.3% |
| Non-recurring operating charges | 66A | - | €845 | +€845 | |
| Gross operating margin | 9900 | €112,558 | €92,939 | -€19,619 | -17.4% |
| Operating profit (loss) | 9901 | €45,029 | €36,560 | -€8,469 | -18.8% |
| Financial income | 75/76B | €1 | €1 | +€0 | +2.9% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +2.9% |
| Financial charges | 65/66B | €3,733 | €17,468 | +€13,735 | +368% |
| Recurring financial charges | 65 | €3,733 | €17,468 | +€13,735 | +368% |
| Profit (loss) for the period before taxes | 9903 | €41,297 | €19,093 | -€22,204 | -53.8% |
| Income taxes | 67/77 | €8,532 | €5,978 | -€2,554 | -29.9% |
| Profit (loss) for the period | 9904 | €32,765 | €13,115 | -€19,650 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,765 | €13,115 | -€19,650 | -60.0% |
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 27 October 2026 via checked.be.