KYNS 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.
KYNS GROUP
Largest movements
- Receivables within one year +€279,064
up €279,064 (+442.9%), from €63,014 to €342,079
of which Trade receivables: +€256,044
- Tangible fixed assets -€99,738
down €99,738 (-81.8%), from €121,914 to €22,175
of which Other tangible fixed assets: -€89,452
- Cash -€46,200
down €46,200 (-52.7%), from €87,645 to €41,446
mainly Receivables within one year (-€279,064) and Tax, wage and social debts (-€49,041)
- Trade debts +€146,731
up €146,731 (+68.7%), from €213,589 to €360,320
- Tax, wage and social debts -€49,041
down €49,041 (-90.0%), from €54,517 to €5,476
of which Remuneration and social security: -€40,552
- Profit (loss) carried forward +€28,791
up €28,791 (+333.6%), from €8,630 to €37,422
- Gross operating margin +€86,204
up €86,204 (+75.2%), from €114,605 to €200,808
- Staff costs -€63,691
down €63,691 (-47.9%), from €133,071 to €69,380
- Other operating charges -€9,081
down €9,081 (-91.7%), from €9,898 to €817
- Financial income -€8,478
no longer reported in 2025 (was €8,478)
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 | €279,875 | €410,251 | +€130,376 | +46.6% |
| Fixed assets | 21/28 | €127,234 | €25,275 | -€101,958 | -80.1% |
| Tangible fixed assets | 22/27 | €121,914 | €22,175 | -€99,738 | -81.8% |
| Furniture and vehicles | 24 | €29,012 | €18,725 | -€10,287 | -35.5% |
| Other tangible fixed assets | 26 | €92,902 | €3,450 | -€89,452 | -96.3% |
| Financial fixed assets | 28 | €5,320 | €3,100 | -€2,220 | -41.7% |
| Current assets | 29/58 | €152,641 | €384,976 | +€232,335 | +152.2% |
| Amounts receivable within one year | 40/41 | €63,014 | €342,079 | +€279,064 | +442.9% |
| Trade receivables | 40 | €63,014 | €319,058 | +€256,044 | +406.3% |
| Other amounts receivable | 41 | - | €23,020 | +€23,020 | |
| Cash at bank and in hand | 54/58 | €87,645 | €41,446 | -€46,200 | -52.7% |
| Deferred charges and accrued income | 490/1 | €1,982 | €1,452 | -€530 | -26.7% |
| Total equity and liabilities | 10/49 | €279,875 | €410,251 | +€130,376 | +46.6% |
| Equity | 10/15 | €11,630 | €40,422 | +€28,791 | +247.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,630 | €37,422 | +€28,791 | +333.6% |
| Amounts payable | 17/49 | €268,245 | €369,830 | +€101,585 | +37.9% |
| Amounts payable within one year | 42/48 | €268,245 | €369,830 | +€101,585 | +37.9% |
| Trade debts | 44 | €213,589 | €360,320 | +€146,731 | +68.7% |
| Suppliers | 440/4 | €213,589 | €360,320 | +€146,731 | +68.7% |
| Taxes, remuneration and social security | 45 | €54,517 | €5,476 | -€49,041 | -90.0% |
| Taxes | 450/3 | €8,607 | €119 | -€8,489 | -98.6% |
| Remuneration and social security | 454/9 | €45,910 | €5,357 | -€40,552 | -88.3% |
| Other amounts payable | 47/48 | €139 | €4,034 | +€3,895 | +2797.8% |
| Non-recurring operating income | 76A | - | €31,855 | +€31,855 | |
| Remuneration, social security and pensions | 62 | €133,071 | €69,380 | -€63,691 | -47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,926 | €25,405 | -€521 | -2.0% |
| Other operating charges | 640/8 | €9,898 | €817 | -€9,081 | -91.7% |
| Non-recurring operating charges | 66A | €27,015 | €75,755 | +€48,741 | +180.4% |
| Gross operating margin | 9900 | €114,605 | €200,808 | +€86,204 | +75.2% |
| Operating profit (loss) | 9901 | -€81,306 | €29,451 | +€110,756 | |
| Financial income | 75/76B | €8,478 | - | -€8,478 | |
| Recurring financial income | 75 | €8,478 | - | -€8,478 | |
| Financial charges | 65/66B | €992 | €449 | -€542 | -54.7% |
| Recurring financial charges | 65 | €992 | €449 | -€542 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | -€73,819 | €29,001 | +€102,821 | |
| Income taxes | 67/77 | €229 | €210 | -€19 | -8.4% |
| Profit (loss) for the period | 9904 | -€74,048 | €28,791 | +€102,840 | |
| Profit (loss) for the period to be appropriated | 9905 | -€74,048 | €28,791 | +€102,840 |
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 1 October 2026 via checked.be.