KY GROUP: 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 GROUP
Largest movements
- Receivables within one year +€137,146
up €137,146 (+764%), from €17,945 to €155,091
- Tangible fixed assets +€4,643
up €4,643 (+81.2%), from €5,715 to €10,358
- Trade debts +€105,395
up €105,395 (+771%), from €13,664 to €119,059
- Other debts +€22,535
up €22,535 (+138%), from €16,321 to €38,856
- Profit (loss) carried forward +€9,239
up €9,239, from -€7,049 to €2,190
- Tax, wage and social debts +€3,967
up €3,967 (+615%), from €645 to €4,612
- Gross operating margin +€21,041
up €21,041 (+4,220%), from €499 to €21,539
- Depreciation +€5,037
up €5,037 (+617%), from €816 to €5,853
- Other operating charges +€3,902
up €3,902 (+2,691%), from €145 to €4,047
- Taxes +€2,316
new in 2025: €2,316
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 | €25,427 | €166,564 | +€141,136 | +555% |
| Fixed assets | 21/28 | €5,715 | €11,353 | +€5,638 | +98.6% |
| Tangible fixed assets | 22/27 | €5,715 | €10,358 | +€4,643 | +81.2% |
| Furniture and vehicles | 24 | €5,715 | €10,358 | +€4,643 | +81.2% |
| Financial fixed assets | 28 | - | €995 | +€995 | |
| Current assets | 29/58 | €19,712 | €155,210 | +€135,498 | +687% |
| Amounts receivable within one year | 40/41 | €17,945 | €155,091 | +€137,146 | +764% |
| Trade receivables | 40 | €17,945 | €155,091 | +€137,146 | +764% |
| Cash at bank and in hand | 54/58 | €1,767 | €120 | -€1,647 | -93.2% |
| Total equity and liabilities | 10/49 | €25,427 | €166,564 | +€141,136 | +555% |
| Equity | 10/15 | -€5,549 | €3,690 | +€9,239 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,049 | €2,190 | +€9,239 | |
| Amounts payable | 17/49 | €30,977 | €162,874 | +€131,897 | +426% |
| Amounts payable within one year | 42/48 | €30,629 | €162,526 | +€131,897 | +431% |
| Trade debts | 44 | €13,664 | €119,059 | +€105,395 | +771% |
| Suppliers | 440/4 | €13,664 | €119,059 | +€105,395 | +771% |
| Taxes, remuneration and social security | 45 | €645 | €4,612 | +€3,967 | +615% |
| Taxes | 450/3 | €645 | €4,612 | +€3,967 | +615% |
| Other amounts payable | 47/48 | €16,321 | €38,856 | +€22,535 | +138% |
| 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 | €816 | €5,853 | +€5,037 | +617% |
| Other operating charges | 640/8 | €145 | €4,047 | +€3,902 | +2,691% |
| Gross operating margin | 9900 | €499 | €21,539 | +€21,041 | +4,220% |
| Operating profit (loss) | 9901 | -€462 | €11,639 | +€12,102 | |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €52 | €129 | +€76 | +146% |
| Recurring financial charges | 65 | €52 | €129 | +€76 | +146% |
| Non-recurring financial charges | 66B | €52 | €129 | +€76 | +146% |
| Profit (loss) for the period before taxes | 9903 | -€515 | €11,555 | +€12,070 | |
| Income taxes | 67/77 | - | €2,316 | +€2,316 | |
| Profit (loss) for the period | 9904 | -€515 | €9,239 | +€9,754 | |
| Profit (loss) for the period to be appropriated | 9905 | -€515 | €9,239 | +€9,754 |
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.