KY SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets +€29,009
up €29,009 (+113.4%), from €25,575 to €54,584
- Cash +€9,482
up €9,482 (+147.6%), from €6,424 to €15,906
mainly Debts after one year (+€17,964) and Depreciation (+€12,728)
- Receivables within one year -€5,503
down €5,503 (-49.9%), from €11,038 to €5,535
of which Other amounts receivable: -€5,615
- Debts after one year +€17,964
up €17,964 (+174.4%), from €10,298 to €28,263
- Current portion of long-term debt +€7,750
up €7,750 (+153.3%), from €5,055 to €12,804
- Advances received +€2,850
new in 2025: €2,850
- Profit (loss) carried forward +€2,383
up €2,383 (+22.9%), from €10,418 to €12,800
- Tax, wage and social debts +€1,635
up €1,635 (+11.8%), from €13,861 to €15,496
of which Taxes: +€1,635
- Depreciation -€2,654
down €2,654 (-17.3%), from €15,383 to €12,728
- Other operating charges +€1,031
up €1,031 (+64.9%), from €1,588 to €2,619
- Financial charges +€587
up €587 (+103.3%), from €568 to €1,155
- Gross operating margin +€470
up €470 (+1.8%), from €25,937 to €26,407
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 | €43,242 | €76,230 | +€32,988 | +76.3% |
| Fixed assets | 21/28 | €25,575 | €54,584 | +€29,009 | +113.4% |
| Tangible fixed assets | 22/27 | €25,575 | €54,584 | +€29,009 | +113.4% |
| Furniture and vehicles | 24 | €25,575 | €54,584 | +€29,009 | +113.4% |
| Current assets | 29/58 | €17,667 | €21,646 | +€3,979 | +22.5% |
| Amounts receivable within one year | 40/41 | €11,038 | €5,535 | -€5,503 | -49.9% |
| Trade receivables | 40 | - | €112 | +€112 | |
| Other amounts receivable | 41 | €11,038 | €5,423 | -€5,615 | -50.9% |
| Cash at bank and in hand | 54/58 | €6,424 | €15,906 | +€9,482 | +147.6% |
| Deferred charges and accrued income | 490/1 | €205 | €205 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €43,242 | €76,230 | +€32,988 | +76.3% |
| Equity | 10/15 | €13,418 | €15,800 | +€2,383 | +17.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,418 | €12,800 | +€2,383 | +22.9% |
| Amounts payable | 17/49 | €29,824 | €60,430 | +€30,606 | +102.6% |
| Amounts payable after more than one year | 17 | €10,298 | €28,263 | +€17,964 | +174.4% |
| Financial debts | 170/4 | €10,298 | €28,263 | +€17,964 | +174.4% |
| Amounts payable within one year | 42/48 | €19,526 | €32,167 | +€12,641 | +64.7% |
| Current portion of amounts payable after more than one year | 42 | €5,055 | €12,804 | +€7,750 | +153.3% |
| Trade debts | 44 | €610 | €1,016 | +€407 | +66.7% |
| Suppliers | 440/4 | €610 | €1,016 | +€407 | +66.7% |
| Advances received on contracts in progress | 46 | - | €2,850 | +€2,850 | |
| Taxes, remuneration and social security | 45 | €13,861 | €15,496 | +€1,635 | +11.8% |
| Taxes | 450/3 | €11,854 | €13,489 | +€1,635 | +13.8% |
| Remuneration and social security | 454/9 | €2,008 | €2,008 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,383 | €12,728 | -€2,654 | -17.3% |
| Other operating charges | 640/8 | €1,588 | €2,619 | +€1,031 | +64.9% |
| Non-recurring operating charges | 66A | - | €4,215 | +€4,215 | |
| Gross operating margin | 9900 | €25,937 | €26,407 | +€470 | +1.8% |
| Operating profit (loss) | 9901 | €8,966 | €6,845 | -€2,122 | -23.7% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €568 | €1,155 | +€587 | +103.3% |
| Recurring financial charges | 65 | €568 | €1,155 | +€587 | +103.3% |
| Profit (loss) for the period before taxes | 9903 | €8,398 | €5,709 | -€2,689 | -32.0% |
| Income taxes | 67/77 | €3,526 | €3,326 | -€200 | -5.7% |
| Profit (loss) for the period | 9904 | €4,872 | €2,383 | -€2,489 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,872 | €2,383 | -€2,489 | -51.1% |
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 4 October 2026 via checked.be.