B&K Management 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.
B&K Management Services
Largest movements
- Tangible fixed assets -€23,442
down €23,442 (-15.4%), from €152,118 to €128,676
of which Plant, machinery and equipment: -€42,004
- Cash +€4,894
up €4,894 (+2,313%), from €212 to €5,105
mainly Depreciation (+€36,520) and Tax, wage and social debts (+€23,194)
- Receivables within one year +€3,862
up €3,862 (+30.1%), from €12,835 to €16,697
of which Trade receivables: +€15,505
- Other debts -€34,863
down €34,863 (-35.6%), from €97,809 to €62,946
- Tax, wage and social debts +€23,194
up €23,194 (+1,738%), from €1,335 to €24,528
- Debts after one year -€16,257
down €16,257 (-25.8%), from €63,044 to €46,788
of which Financial debts: -€16,257
- Profit (loss) carried forward +€13,398
up €13,398 (+82.2%), from -€16,301 to -€2,903
- Trade debts -€3,317
down €3,317 (-49.6%), from €6,680 to €3,364
- Gross operating margin +€18,930
up €18,930 (+39.5%), from €47,923 to €66,853
- Financial charges +€5,947
up €5,947 (+142%), from €4,184 to €10,131
of which Non-recurring financial charges: +€6,839
- Taxes +€4,134
up €4,134 (+1,053%), from €393 to €4,527
- Depreciation +€2,347
up €2,347 (+6.9%), from €34,173 to €36,520
- Financial income -€1,532
down €1,532 (-57.3%), from €2,672 to €1,140
of which Non-recurring financial income: -€1,532
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 | €173,104 | €155,980 | -€17,124 | -9.9% |
| Fixed assets | 21/28 | €155,507 | €130,367 | -€25,140 | -16.2% |
| Intangible fixed assets | 21 | €3,389 | €1,691 | -€1,698 | -50.1% |
| Tangible fixed assets | 22/27 | €152,118 | €128,676 | -€23,442 | -15.4% |
| Plant, machinery and equipment | 23 | €56,091 | €14,087 | -€42,004 | -74.9% |
| Furniture and vehicles | 24 | €27,151 | €19,770 | -€7,381 | -27.2% |
| Leasing and similar rights | 25 | €68,876 | €51,021 | -€17,855 | -25.9% |
| Other tangible fixed assets | 26 | - | €43,798 | +€43,798 | |
| Current assets | 29/58 | €17,597 | €25,613 | +€8,016 | +45.6% |
| Amounts receivable within one year | 40/41 | €12,835 | €16,697 | +€3,862 | +30.1% |
| Trade receivables | 40 | €1,192 | €16,697 | +€15,505 | +1,301% |
| Other amounts receivable | 41 | €11,643 | €0 | -€11,643 | -100% |
| Cash at bank and in hand | 54/58 | €212 | €5,105 | +€4,894 | +2,313% |
| Deferred charges and accrued income | 490/1 | €4,550 | €3,811 | -€740 | -16.3% |
| Total equity and liabilities | 10/49 | €173,104 | €155,980 | -€17,124 | -9.9% |
| Equity | 10/15 | -€11,301 | €2,097 | +€13,398 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,301 | -€2,903 | +€13,398 | +82.2% |
| Amounts payable | 17/49 | €184,405 | €153,883 | -€30,522 | -16.6% |
| Amounts payable after more than one year | 17 | €63,044 | €46,788 | -€16,257 | -25.8% |
| Financial debts | 170/4 | €48,044 | €31,788 | -€16,257 | -33.8% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €121,361 | €107,095 | -€14,266 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €15,536 | €16,257 | +€721 | +4.6% |
| Trade debts | 44 | €6,680 | €3,364 | -€3,317 | -49.6% |
| Suppliers | 440/4 | €6,680 | €3,364 | -€3,317 | -49.6% |
| Taxes, remuneration and social security | 45 | €1,335 | €24,528 | +€23,194 | +1,738% |
| Taxes | 450/3 | €1,335 | €24,528 | +€23,194 | +1,738% |
| Other amounts payable | 47/48 | €97,809 | €62,946 | -€34,863 | -35.6% |
| Non-recurring operating income | 76A | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,173 | €36,520 | +€2,347 | +6.9% |
| Other operating charges | 640/8 | €3,599 | €3,418 | -€181 | -5.0% |
| Gross operating margin | 9900 | €47,923 | €66,853 | +€18,930 | +39.5% |
| Operating profit (loss) | 9901 | €10,150 | €26,915 | +€16,765 | +165% |
| Financial income | 75/76B | €2,672 | €1,140 | -€1,532 | -57.3% |
| Recurring financial income | 75 | €0 | €1,140 | +€1,140 | |
| Non-recurring financial income | 76B | €2,672 | €1,140 | -€1,532 | -57.3% |
| Financial charges | 65/66B | €4,184 | €10,131 | +€5,947 | +142% |
| Recurring financial charges | 65 | €4,178 | €3,286 | -€892 | -21.4% |
| Non-recurring financial charges | 66B | €6 | €6,845 | +€6,839 | +113,227% |
| Profit (loss) for the period before taxes | 9903 | €8,639 | €17,925 | +€9,286 | +107% |
| Income taxes | 67/77 | €393 | €4,527 | +€4,134 | +1,053% |
| Profit (loss) for the period | 9904 | €8,246 | €13,398 | +€5,152 | +62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,246 | €13,398 | +€5,152 | +62.5% |
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 24 October 2026 via checked.be.