B-KY: 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-KY
Largest movements
- Deferred charges and accrued income +€8,408
up €8,408 (+147.9%), from €5,686 to €14,094
- Cash +€8,208
up €8,208 (+1275.0%), from €644 to €8,852
mainly Net result for the year (+€77,241) and Advances received (+€13,684)
- Profit (loss) carried forward +€77,241
up €77,241 (+48.2%), from €160,340 to €237,581
- Other debts -€60,409
down €60,409 (-78.5%), from €76,938 to €16,529
- Debts after one year -€19,543
down €19,543 (-25.8%), from €75,888 to €56,345
- Advances received +€13,684
new in 2025: €13,684
- Tax, wage and social debts +€9,082
up €9,082 (+53.0%), from €17,138 to €26,220
- Gross operating margin +€32,847
up €32,847 (+48.3%), from €67,939 to €100,786
- Taxes +€10,452
up €10,452 (+56.1%), from €18,617 to €29,069
- Financial income +€9,252
up €9,252 (+380.8%), from €2,430 to €11,682
- Financial charges -€2,442
down €2,442 (-38.0%), from €6,429 to €3,987
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 | €357,371 | €375,131 | +€17,760 | +5.0% |
| Fixed assets | 21/28 | €82,602 | €80,856 | -€1,746 | -2.1% |
| Tangible fixed assets | 22/27 | €5,052 | €3,306 | -€1,746 | -34.6% |
| Plant, machinery and equipment | 23 | €663 | €0 | -€663 | -100.0% |
| Furniture and vehicles | 24 | €4,389 | €3,306 | -€1,083 | -24.7% |
| Financial fixed assets | 28 | €77,550 | €77,550 | = | 0.0% |
| Current assets | 29/58 | €274,769 | €294,275 | +€19,506 | +7.1% |
| Amounts receivable within one year | 40/41 | €268,439 | €271,328 | +€2,889 | +1.1% |
| Trade receivables | 40 | €2,420 | €9,680 | +€7,260 | +300.0% |
| Other amounts receivable | 41 | €266,019 | €261,648 | -€4,371 | -1.6% |
| Cash at bank and in hand | 54/58 | €644 | €8,852 | +€8,208 | +1275.0% |
| Deferred charges and accrued income | 490/1 | €5,686 | €14,094 | +€8,408 | +147.9% |
| Total equity and liabilities | 10/49 | €357,371 | €375,131 | +€17,760 | +5.0% |
| Equity | 10/15 | €162,340 | €239,581 | +€77,241 | +47.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,340 | €237,581 | +€77,241 | +48.2% |
| Amounts payable | 17/49 | €195,031 | €135,550 | -€59,481 | -30.5% |
| Amounts payable after more than one year | 17 | €75,888 | €56,345 | -€19,543 | -25.8% |
| Financial debts | 170/4 | €75,888 | €56,345 | -€19,543 | -25.8% |
| Amounts payable within one year | 42/48 | €118,281 | €79,205 | -€39,076 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €18,620 | €19,543 | +€923 | +5.0% |
| Financial debts | 43 | €4,116 | €1,483 | -€2,633 | -64.0% |
| Credit institutions | 430/8 | €4,116 | €1,483 | -€2,633 | -64.0% |
| Trade debts | 44 | €1,468 | €1,745 | +€277 | +18.9% |
| Suppliers | 440/4 | €1,468 | €1,745 | +€277 | +18.9% |
| Advances received on contracts in progress | 46 | - | €13,684 | +€13,684 | |
| Taxes, remuneration and social security | 45 | €17,138 | €26,220 | +€9,082 | +53.0% |
| Taxes | 450/3 | €17,138 | €26,220 | +€9,082 | +53.0% |
| Other amounts payable | 47/48 | €76,938 | €16,529 | -€60,409 | -78.5% |
| Accrued charges and deferred income | 492/3 | €863 | €0 | -€863 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €476 | €1,083 | +€607 | +127.5% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | - | €559 | +€559 | |
| Gross operating margin | 9900 | €67,939 | €100,786 | +€32,847 | +48.3% |
| Operating profit (loss) | 9901 | €66,949 | €98,616 | +€31,667 | +47.3% |
| Financial income | 75/76B | €2,430 | €11,682 | +€9,252 | +380.8% |
| Recurring financial income | 75 | €2,430 | €11,682 | +€9,252 | +380.8% |
| Financial charges | 65/66B | €6,429 | €3,987 | -€2,442 | -38.0% |
| Recurring financial charges | 65 | €6,429 | €3,987 | -€2,442 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €62,950 | €106,310 | +€43,360 | +68.9% |
| Income taxes | 67/77 | €18,617 | €29,069 | +€10,452 | +56.1% |
| Profit (loss) for the period | 9904 | €44,333 | €77,241 | +€32,908 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,333 | €77,241 | +€32,908 | +74.2% |
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 12 October 2026 via checked.be.