KW Solutions: 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.
KW Solutions
Largest movements
- Current investments -€50,159
down €50,159 (-100.0%), from €50,159 to €0
- Receivables within one year +€35,207
up €35,207 (+11.3%), from €310,507 to €345,714
of which Trade receivables: +€24,962
- Cash +€30,560
up €30,560 (+1422.3%), from €2,149 to €32,708
mainly Current investments (+€50,159) and Net result for the year (+€27,432)
- Other debts +€20,636
up €20,636 (+19.0%), from €108,646 to €129,282
- Tax, wage and social debts -€18,497
down €18,497 (-90.7%), from €20,391 to €1,894
- Trade debts +€11,639
up €11,639 (+105.9%), from €10,995 to €22,634
- Profit (loss) carried forward +€11,599
up €11,599 (+4.8%), from €242,263 to €253,862
- Gross operating margin -€36,127
down €36,127 (-43.2%), from €83,683 to €47,556
- Taxes -€13,621
down €13,621 (-73.4%), from €18,568 to €4,948
- Financial charges +€3,841
up €3,841 (+165.5%), from €2,321 to €6,162
- Depreciation +€1,130
up €1,130 (+14.8%), from €7,629 to €8,759
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 | €386,779 | €410,672 | +€23,893 | +6.2% |
| Fixed assets | 21/28 | €20,105 | €24,058 | +€3,953 | +19.7% |
| Tangible fixed assets | 22/27 | €20,105 | €24,058 | +€3,953 | +19.7% |
| Plant, machinery and equipment | 23 | €19,521 | €12,539 | -€6,982 | -35.8% |
| Furniture and vehicles | 24 | €584 | €11,519 | +€10,934 | +1871.2% |
| Current assets | 29/58 | €366,674 | €386,614 | +€19,940 | +5.4% |
| Stocks and contracts in progress | 3 | €1,110 | €4,371 | +€3,261 | +293.8% |
| Stocks | 30/36 | €1,110 | €4,371 | +€3,261 | +293.8% |
| Amounts receivable within one year | 40/41 | €310,507 | €345,714 | +€35,207 | +11.3% |
| Trade receivables | 40 | €7,410 | €32,372 | +€24,962 | +336.9% |
| Other amounts receivable | 41 | €303,097 | €313,341 | +€10,244 | +3.4% |
| Current investments | 50/53 | €50,159 | €0 | -€50,159 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,149 | €32,708 | +€30,560 | +1422.3% |
| Deferred charges and accrued income | 490/1 | €2,749 | €3,821 | +€1,072 | +39.0% |
| Total equity and liabilities | 10/49 | €386,779 | €410,672 | +€23,893 | +6.2% |
| Equity | 10/15 | €245,263 | €256,862 | +€11,599 | +4.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,263 | €253,862 | +€11,599 | +4.8% |
| Amounts payable | 17/49 | €141,516 | €153,810 | +€12,295 | +8.7% |
| Amounts payable within one year | 42/48 | €141,516 | €153,810 | +€12,295 | +8.7% |
| Trade debts | 44 | €10,995 | €22,634 | +€11,639 | +105.9% |
| Suppliers | 440/4 | €10,995 | €22,634 | +€11,639 | +105.9% |
| Advances received on contracts in progress | 46 | €1,484 | €0 | -€1,484 | -100.0% |
| Taxes, remuneration and social security | 45 | €20,391 | €1,894 | -€18,497 | -90.7% |
| Taxes | 450/3 | €20,391 | €1,894 | -€18,497 | -90.7% |
| Other amounts payable | 47/48 | €108,646 | €129,282 | +€20,636 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,629 | €8,759 | +€1,130 | +14.8% |
| Other operating charges | 640/8 | €1,255 | €881 | -€374 | -29.8% |
| Gross operating margin | 9900 | €83,683 | €47,556 | -€36,127 | -43.2% |
| Operating profit (loss) | 9901 | €74,799 | €37,916 | -€36,882 | -49.3% |
| Financial income | 75/76B | €529 | €625 | +€96 | +18.1% |
| Recurring financial income | 75 | €529 | €625 | +€96 | +18.1% |
| Financial charges | 65/66B | €2,321 | €6,162 | +€3,841 | +165.5% |
| Recurring financial charges | 65 | €2,321 | €6,162 | +€3,841 | +165.5% |
| Profit (loss) for the period before taxes | 9903 | €73,007 | €32,379 | -€40,627 | -55.6% |
| Income taxes | 67/77 | €18,568 | €4,948 | -€13,621 | -73.4% |
| Profit (loss) for the period | 9904 | €54,438 | €27,432 | -€27,007 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,438 | €27,432 | -€27,007 | -49.6% |
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 6 October 2026 via checked.be.