KY TRAINING & SERVICES: 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.
KY TRAINING & SERVICES
Largest movements
- Intangible fixed assets +€55,000
new in 2025: €55,000
- Receivables within one year -€23,617
down €23,617 (-61.8%), from €38,231 to €14,614
of which Trade receivables: -€11,884
- Deferred charges and accrued income +€10,721
up €10,721 (+177%), from €6,056 to €16,777
- Cash +€4,188
up €4,188 (+71.6%), from €5,849 to €10,037
mainly Other debts (+€52,006) and Net result for the year (+€28,367)
- Tangible fixed assets +€3,416
up €3,416 (+7.2%), from €47,659 to €51,075
- Other debts +€52,006
up €52,006 (+75.8%), from €68,575 to €120,580
- Trade debts -€22,365
down €22,365 (-90.1%), from €24,828 to €2,464
- Profit (loss) carried forward +€15,367
up €15,367, from -€10,608 to €4,759
- Tax, wage and social debts +€4,700
new in 2025: €4,700
- Gross operating margin +€44,072
up €44,072 (+332%), from €13,283 to €57,355
- Depreciation +€11,839
up €11,839 (+316%), from €3,742 to €15,580
- Financial charges +€1,876
up €1,876 (+3,005%), from €62 to €1,938
- Other operating charges +€1,628
up €1,628 (+46.5%), from €3,499 to €5,127
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 | €97,795 | €147,503 | +€49,709 | +50.8% |
| Fixed assets | 21/28 | €47,659 | €106,075 | +€58,416 | +123% |
| Intangible fixed assets | 21 | - | €55,000 | +€55,000 | |
| Tangible fixed assets | 22/27 | €47,659 | €51,075 | +€3,416 | +7.2% |
| Furniture and vehicles | 24 | €47,659 | €51,075 | +€3,416 | +7.2% |
| Current assets | 29/58 | €50,136 | €41,428 | -€8,707 | -17.4% |
| Amounts receivable within one year | 40/41 | €38,231 | €14,614 | -€23,617 | -61.8% |
| Trade receivables | 40 | €23,099 | €11,215 | -€11,884 | -51.4% |
| Other amounts receivable | 41 | €15,131 | €3,399 | -€11,733 | -77.5% |
| Cash at bank and in hand | 54/58 | €5,849 | €10,037 | +€4,188 | +71.6% |
| Deferred charges and accrued income | 490/1 | €6,056 | €16,777 | +€10,721 | +177% |
| Total equity and liabilities | 10/49 | €97,795 | €147,503 | +€49,709 | +50.8% |
| Equity | 10/15 | €4,392 | €19,759 | +€15,367 | +350% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,608 | €4,759 | +€15,367 | |
| Amounts payable | 17/49 | €93,403 | €127,744 | +€34,341 | +36.8% |
| Amounts payable within one year | 42/48 | €93,403 | €127,744 | +€34,341 | +36.8% |
| Trade debts | 44 | €24,828 | €2,464 | -€22,365 | -90.1% |
| Suppliers | 440/4 | €24,828 | €2,464 | -€22,365 | -90.1% |
| Taxes, remuneration and social security | 45 | - | €4,700 | +€4,700 | |
| Remuneration and social security | 454/9 | - | €4,700 | +€4,700 | |
| Other amounts payable | 47/48 | €68,575 | €120,580 | +€52,006 | +75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,742 | €15,580 | +€11,839 | +316% |
| Other operating charges | 640/8 | €3,499 | €5,127 | +€1,628 | +46.5% |
| Non-recurring operating charges | 66A | €14,346 | €6,342 | -€8,004 | -55.8% |
| Gross operating margin | 9900 | €13,283 | €57,355 | +€44,072 | +332% |
| Operating profit (loss) | 9901 | -€8,304 | €30,306 | +€38,610 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -94.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -94.3% |
| Financial charges | 65/66B | €62 | €1,938 | +€1,876 | +3,005% |
| Recurring financial charges | 65 | €62 | €1,938 | +€1,876 | +3,005% |
| Profit (loss) for the period before taxes | 9903 | -€8,366 | €28,367 | +€36,733 | |
| Profit (loss) for the period | 9904 | -€8,366 | €28,367 | +€36,733 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,366 | €28,367 | +€36,733 |
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 14 October 2026 via checked.be.