KY GROUP: 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.
KY GROUP
Largest movements
- Receivables within one year +€15,633
up €15,633 (+676.1%), from €2,312 to €17,945
of which Trade receivables: +€16,224
- Tangible fixed assets +€4,684
up €4,684 (+454.2%), from €1,031 to €5,715
- Cash +€1,727
up €1,727 (+4250.6%), from €41 to €1,767
mainly Trade debts (+€13,439) and Other debts (+€8,474)
- Trade debts +€13,439
up €13,439 (+5972.8%), from €225 to €13,664
- Other debts +€8,474
up €8,474 (+108.0%), from €7,846 to €16,321
- Tax, wage and social debts +€645
new in 2024: €645
- Profit (loss) carried forward -€515
down €515 (-7.9%), from -€6,535 to -€7,049
- Depreciation +€300
up €300 (+58.3%), from €516 to €816
- Other operating charges +€145
new in 2024: €145
- Gross operating margin +€52
up €52 (+11.6%), from €447 to €499
- Financial charges -€20
down €20 (-27.4%), from €72 to €52
of which Financial charges: -€20
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,384 | €25,427 | +€22,043 | +651.4% |
| Fixed assets | 21/28 | €1,031 | €5,715 | +€4,684 | +454.2% |
| Tangible fixed assets | 22/27 | €1,031 | €5,715 | +€4,684 | +454.2% |
| Furniture and vehicles | 24 | €1,031 | €5,715 | +€4,684 | +454.2% |
| Current assets | 29/58 | €2,353 | €19,712 | +€17,359 | +737.8% |
| Amounts receivable within one year | 40/41 | €2,312 | €17,945 | +€15,633 | +676.1% |
| Trade receivables | 40 | €1,721 | €17,945 | +€16,224 | +942.7% |
| Other amounts receivable | 41 | €591 | - | -€591 | |
| Cash at bank and in hand | 54/58 | €41 | €1,767 | +€1,727 | +4250.6% |
| Total equity and liabilities | 10/49 | €3,384 | €25,427 | +€22,043 | +651.4% |
| Equity | 10/15 | -€5,035 | -€5,549 | -€515 | -10.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,535 | -€7,049 | -€515 | -7.9% |
| Amounts payable | 17/49 | €8,419 | €30,977 | +€22,558 | +267.9% |
| Amounts payable within one year | 42/48 | €8,071 | €30,629 | +€22,558 | +279.5% |
| Trade debts | 44 | €225 | €13,664 | +€13,439 | +5972.8% |
| Suppliers | 440/4 | €225 | €13,664 | +€13,439 | +5972.8% |
| Taxes, remuneration and social security | 45 | - | €645 | +€645 | |
| Taxes | 450/3 | - | €645 | +€645 | |
| Other amounts payable | 47/48 | €7,846 | €16,321 | +€8,474 | +108.0% |
| Accrued charges and deferred income | 492/3 | €348 | €348 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €816 | +€300 | +58.3% |
| Other operating charges | 640/8 | - | €145 | +€145 | |
| Gross operating margin | 9900 | €447 | €499 | +€52 | +11.6% |
| Operating profit (loss) | 9901 | -€69 | -€462 | -€393 | -570.1% |
| Financial charges | 65/66B | €72 | €52 | -€20 | -27.4% |
| Recurring financial charges | 65 | €72 | €52 | -€20 | -27.4% |
| Non-recurring financial charges | 66B | €72 | €52 | -€20 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€141 | -€515 | -€374 | -265.0% |
| Profit (loss) for the period | 9904 | -€141 | -€515 | -€374 | -265.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€141 | -€515 | -€374 | -265.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.