2K-LINE: 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.
2K-LINE
Largest movements
- Tangible fixed assets -€81,863
down €81,863 (-19.7%), from €416,375 to €334,511
of which Leasing and similar rights: -€69,197
- Receivables within one year +€34,318
up €34,318 (+89.4%), from €38,378 to €72,695
of which Trade receivables: +€34,370
- Deferred charges and accrued income -€10,426
down €10,426 (-47.7%), from €21,844 to €11,418
- Cash -€7,853
down €7,853 (-72.8%), from €10,780 to €2,928
mainly Debts after one year (-€95,896) and Receivables within one year (-€34,318)
- Debts after one year -€95,896
down €95,896 (-25.2%), from €380,884 to €284,989
- Trade debts +€18,051
up €18,051 (+134.6%), from €13,409 to €31,460
- Profit (loss) carried forward -€14,090
down €14,090 (-37.2%), from -€37,917 to -€52,007
- Short-term financial debts +€12,021
new in 2025: €12,021
- Tax, wage and social debts +€11,755
up €11,755 (+285.4%), from €4,118 to €15,873
of which Taxes: +€8,102
- Staff costs -€10,565
down €10,565 (-16.3%), from €64,633 to €54,068
- Depreciation -€5,123
down €5,123 (-5.7%), from €89,891 to €84,768
- Other operating charges -€4,351
down €4,351 (-21.6%), from €20,122 to €15,772
- Financial charges -€2,727
down €2,727 (-12.4%), from €21,944 to €19,218
- Gross operating margin +€1,875
up €1,875 (+1.2%), from €159,166 to €161,040
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 | €487,376 | €421,553 | -€65,824 | -13.5% |
| Fixed assets | 21/28 | €416,375 | €334,511 | -€81,863 | -19.7% |
| Tangible fixed assets | 22/27 | €416,375 | €334,511 | -€81,863 | -19.7% |
| Land and buildings | 22 | €4,551 | €3,972 | -€580 | -12.7% |
| Plant, machinery and equipment | 23 | €9,847 | €7,062 | -€2,785 | -28.3% |
| Furniture and vehicles | 24 | €24,393 | €13,780 | -€10,613 | -43.5% |
| Leasing and similar rights | 25 | €374,512 | €305,315 | -€69,197 | -18.5% |
| Other tangible fixed assets | 26 | €3,071 | €4,382 | +€1,311 | +42.7% |
| Current assets | 29/58 | €71,002 | €87,042 | +€16,040 | +22.6% |
| Amounts receivable within one year | 40/41 | €38,378 | €72,695 | +€34,318 | +89.4% |
| Trade receivables | 40 | €37,810 | €72,180 | +€34,370 | +90.9% |
| Other amounts receivable | 41 | €568 | €516 | -€52 | -9.2% |
| Cash at bank and in hand | 54/58 | €10,780 | €2,928 | -€7,853 | -72.8% |
| Deferred charges and accrued income | 490/1 | €21,844 | €11,418 | -€10,426 | -47.7% |
| Total equity and liabilities | 10/49 | €487,376 | €421,553 | -€65,824 | -13.5% |
| Equity | 10/15 | €16,213 | €2,123 | -€14,090 | -86.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €50,130 | €50,130 | = | 0.0% |
| Distributable reserves | 133 | €50,130 | €50,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,917 | -€52,007 | -€14,090 | -37.2% |
| Amounts payable | 17/49 | €471,163 | €419,430 | -€51,733 | -11.0% |
| Amounts payable after more than one year | 17 | €380,884 | €284,989 | -€95,896 | -25.2% |
| Financial debts | 170/4 | €380,884 | €284,989 | -€95,896 | -25.2% |
| Amounts payable within one year | 42/48 | €88,865 | €134,441 | +€45,577 | +51.3% |
| Current portion of amounts payable after more than one year | 42 | €71,338 | €75,088 | +€3,750 | +5.3% |
| Financial debts | 43 | - | €12,021 | +€12,021 | |
| Credit institutions | 430/8 | - | €12,021 | +€12,021 | |
| Trade debts | 44 | €13,409 | €31,460 | +€18,051 | +134.6% |
| Suppliers | 440/4 | €13,409 | €31,460 | +€18,051 | +134.6% |
| Taxes, remuneration and social security | 45 | €4,118 | €15,873 | +€11,755 | +285.4% |
| Taxes | 450/3 | €2,063 | €10,165 | +€8,102 | +392.7% |
| Remuneration and social security | 454/9 | €2,055 | €5,708 | +€3,653 | +177.8% |
| Accrued charges and deferred income | 492/3 | €1,414 | - | -€1,414 | |
| Non-recurring operating income | 76A | €1,921 | €1,060 | -€862 | -44.8% |
| Remuneration, social security and pensions | 62 | €64,633 | €54,068 | -€10,565 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,891 | €84,768 | -€5,123 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €781 | +€781 | |
| Other operating charges | 640/8 | €20,122 | €15,772 | -€4,351 | -21.6% |
| Gross operating margin | 9900 | €159,166 | €161,040 | +€1,875 | +1.2% |
| Operating profit (loss) | 9901 | -€15,481 | €5,651 | +€21,132 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.8% |
| Financial charges | 65/66B | €21,944 | €19,218 | -€2,727 | -12.4% |
| Recurring financial charges | 65 | €21,944 | €19,218 | -€2,727 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,419 | -€13,566 | +€23,853 | +63.7% |
| Income taxes | 67/77 | €497 | €524 | +€27 | +5.4% |
| Profit (loss) for the period | 9904 | -€37,917 | -€14,090 | +€23,826 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,917 | -€14,090 | +€23,826 | +62.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.