Kzy-Electrics: 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.
Kzy-Electrics
Largest movements
- Cash +€21,134
up €21,134 (+82.4%), from €25,635 to €46,769
mainly Net result for the year (+€16,948) and Depreciation (+€12,877)
- Tangible fixed assets -€12,877
down €12,877 (-17.4%), from €74,080 to €61,203
of which Furniture and vehicles: -€12,877
- Deferred charges and accrued income -€10,124
down €10,124 (-90.5%), from €11,190 to €1,066
- Receivables within one year -€3,078
down €3,078 (-2.3%), from €133,835 to €130,757
of which Trade receivables: -€24,618
- Tax, wage and social debts -€6,699
down €6,699 (-17.3%), from €38,686 to €31,987
- Profit (loss) carried forward +€5,184
up €5,184 (+2.7%), from €188,644 to €193,828
- Trade debts -€3,430
down €3,430 (-20.9%), from €16,410 to €12,980
- Other operating charges -€13,682
down €13,682 (-65.8%), from €20,804 to €7,122
- Gross operating margin +€3,451
up €3,451 (+7.1%), from €48,572 to €52,023
- Taxes -€2,687
down €2,687 (-20.1%), from €13,392 to €10,705
- Financial charges -€1,919
down €1,919 (-20.8%), from €9,232 to €7,313
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 | €244,740 | €239,795 | -€4,945 | -2.0% |
| Fixed assets | 21/28 | €74,080 | €61,203 | -€12,877 | -17.4% |
| Tangible fixed assets | 22/27 | €74,080 | €61,203 | -€12,877 | -17.4% |
| Furniture and vehicles | 24 | €44,930 | €32,053 | -€12,877 | -28.7% |
| Other tangible fixed assets | 26 | €29,150 | €29,150 | = | 0.0% |
| Current assets | 29/58 | €170,660 | €178,592 | +€7,932 | +4.6% |
| Amounts receivable within one year | 40/41 | €133,835 | €130,757 | -€3,078 | -2.3% |
| Trade receivables | 40 | €27,308 | €2,690 | -€24,618 | -90.1% |
| Other amounts receivable | 41 | €106,527 | €128,067 | +€21,540 | +20.2% |
| Cash at bank and in hand | 54/58 | €25,635 | €46,769 | +€21,134 | +82.4% |
| Deferred charges and accrued income | 490/1 | €11,190 | €1,066 | -€10,124 | -90.5% |
| Total equity and liabilities | 10/49 | €244,740 | €239,795 | -€4,945 | -2.0% |
| Equity | 10/15 | €189,644 | €194,828 | +€5,184 | +2.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,644 | €193,828 | +€5,184 | +2.7% |
| Amounts payable | 17/49 | €55,096 | €44,967 | -€10,129 | -18.4% |
| Amounts payable within one year | 42/48 | €55,096 | €44,967 | -€10,129 | -18.4% |
| Trade debts | 44 | €16,410 | €12,980 | -€3,430 | -20.9% |
| Suppliers | 440/4 | €16,410 | €12,980 | -€3,430 | -20.9% |
| Taxes, remuneration and social security | 45 | €38,686 | €31,987 | -€6,699 | -17.3% |
| Taxes | 450/3 | €38,686 | €31,987 | -€6,699 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,103 | €12,877 | -€226 | -1.7% |
| Other operating charges | 640/8 | €20,804 | €7,122 | -€13,682 | -65.8% |
| Gross operating margin | 9900 | €48,572 | €52,023 | +€3,451 | +7.1% |
| Operating profit (loss) | 9901 | €14,665 | €32,024 | +€17,359 | +118% |
| Financial income | 75/76B | €2,610 | €2,943 | +€332 | +12.7% |
| Recurring financial income | 75 | €2,610 | €2,943 | +€332 | +12.7% |
| Financial charges | 65/66B | €9,232 | €7,313 | -€1,919 | -20.8% |
| Recurring financial charges | 65 | €9,232 | €7,313 | -€1,919 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €8,043 | €27,653 | +€19,611 | +244% |
| Income taxes | 67/77 | €13,392 | €10,705 | -€2,687 | -20.1% |
| Profit (loss) for the period | 9904 | -€5,350 | €16,948 | +€22,298 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,350 | €16,948 | +€22,298 |
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 16 October 2026 via checked.be.