BK: what changed
Two fiscal 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.
What changed
BK
NACE 10.920, Manufacture of food products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€558,540
2024 · €493,601+€64,940
Equity
€6.5m
2024 · €6.0m+€558,540
Cash
-
not filed
Balance sheet total
€9.2m
2024 · €8.9m+€302,662
Largest movements
Assets
- Receivables within one year +€376,189
up €376,189 (+6.2%), from €6.1m to €6.5m
of which Other amounts receivable: +€384,329
- Deferred charges and accrued income +€320,317
up €320,317 (+278.7%), from €114,921 to €435,238
- Tangible fixed assets -€271,598
down €271,598 (-24.1%), from €1.1m to €854,943
of which Plant, machinery and equipment: -€252,539
- Stocks and contracts -€122,246
down €122,246 (-7.6%), from €1.6m to €1.5m
Equity and liabilities
- Profit (loss) carried forward +€558,540
up €558,540 (+12.1%), from €4.6m to €5.2m
- Trade debts -€281,379
down €281,379 (-11.9%), from €2.4m to €2.1m
Income statement
- Turnover -€6.0m
down €6.0m (-19.8%), from €30.3m to €24.3m
- Goods and materials -€5.2m
down €5.2m (-22.4%), from €23.4m to €18.2m
of which Purchases: -€4.3m
- Services and other goods -€504,088
down €504,088 (-13.0%), from €3.9m to €3.4m
- Other operating charges -€464,675
down €464,675 (-87.3%), from €532,518 to €67,843
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.
Result 2024
€493,601
Turnover
-€6.0m
Other operating income
+€2,289
Goods and materials
+€5.2m
Services and other goods
+€504,088
Staff costs
+€52,742
Depreciation
+€92,550
Write-downs
+€18,802
Provisions
+€3,821
Other operating charges
+€464,675
Financial income
-€126,438
Financial charges
-€191
Taxes
-€183,605
Result 2025
€558,540
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,938,585 | €9,241,247 | +€302,662 | +3.4% |
| Fixed assets | 21/28 | €1,127,978 | €856,380 | -€271,598 | -24.1% |
| Tangible fixed assets | 22/27 | €1,126,540 | €854,943 | -€271,598 | -24.1% |
| Land and buildings | 22 | €158,525 | €172,893 | +€14,368 | +9.1% |
| Plant, machinery and equipment | 23 | €820,126 | €567,587 | -€252,539 | -30.8% |
| Furniture and vehicles | 24 | €147,890 | €114,463 | -€33,427 | -22.6% |
| Financial fixed assets | 28 | €1,437 | €1,437 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,437 | €1,437 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,437 | €1,437 | = | 0.0% |
| Current assets | 29/58 | €7,810,607 | €8,384,867 | +€574,260 | +7.4% |
| Stocks and contracts in progress | 3 | €1,616,314 | €1,494,067 | -€122,246 | -7.6% |
| Stocks | 30/36 | €1,616,314 | €1,494,067 | -€122,246 | -7.6% |
| Raw materials and consumables | 30/31 | €1,616,314 | €1,494,067 | -€122,246 | -7.6% |
| Amounts receivable within one year | 40/41 | €6,079,373 | €6,455,561 | +€376,189 | +6.2% |
| Trade receivables | 40 | €8,141 | - | -€8,141 | |
| Other amounts receivable | 41 | €6,071,232 | €6,455,561 | +€384,329 | +6.3% |
| Deferred charges and accrued income | 490/1 | €114,921 | €435,238 | +€320,317 | +278.7% |
| Total equity and liabilities | 10/49 | €8,938,585 | €9,241,247 | +€302,662 | +3.4% |
| Equity | 10/15 | €5,989,508 | €6,548,049 | +€558,540 | +9.3% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €125,000 | €125,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €125,000 | €125,000 | = | 0.0% |
| Legal reserve | 130 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,614,508 | €5,173,049 | +€558,540 | +12.1% |
| Provisions and deferred taxes | 16 | €404,489 | €400,000 | -€4,489 | -1.1% |
| Provisions for liabilities and charges | 160/5 | €404,489 | €400,000 | -€4,489 | -1.1% |
| Pensions and similar obligations | 160 | €4,489 | - | -€4,489 | |
| Major repairs and maintenance | 162 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,544,587 | €2,293,198 | -€251,389 | -9.9% |
| Amounts payable within one year | 42/48 | €2,544,587 | €2,292,317 | -€252,270 | -9.9% |
| Trade debts | 44 | €2,372,433 | €2,091,053 | -€281,379 | -11.9% |
| Suppliers | 440/4 | €2,372,433 | €2,091,053 | -€281,379 | -11.9% |
| Taxes, remuneration and social security | 45 | €172,154 | €201,263 | +€29,109 | +16.9% |
| Taxes | 450/3 | - | €1,588 | +€1,588 | |
| Remuneration and social security | 454/9 | €172,154 | €199,676 | +€27,522 | +16.0% |
| Accrued charges and deferred income | 492/3 | - | €881 | +€881 | |
| Operating income | 70/76A | €30,327,706 | €24,333,873 | -€6.0m | -19.8% |
| Turnover | 70 | €30,316,162 | €24,320,039 | -€6.0m | -19.8% |
| Other operating income | 74 | €11,544 | €13,833 | +€2,289 | +19.8% |
| Operating charges | 60/66A | €30,042,982 | €23,673,974 | -€6.4m | -21.2% |
| Goods for resale, raw materials and consumables | 60 | €23,398,127 | €18,165,799 | -€5.2m | -22.4% |
| Purchases | 600/8 | €22,382,430 | €18,043,552 | -€4.3m | -19.4% |
| Change in stocks: decrease (increase) | 609 | €1,015,697 | €122,246 | -€893,450 | -88.0% |
| Services and other goods | 61 | €3,887,679 | €3,383,591 | -€504,088 | -13.0% |
| Remuneration, social security and pensions | 62 | €1,704,799 | €1,652,057 | -€52,742 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520,526 | €427,976 | -€92,550 | -17.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€18,802 | -€18,802 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€668 | -€4,489 | -€3,821 | -572.2% |
| Other operating charges | 640/8 | €532,518 | €67,843 | -€464,675 | -87.3% |
| Operating profit (loss) | 9901 | €284,724 | €659,898 | +€375,174 | +131.8% |
| Financial income | 75/76B | €209,876 | €83,438 | -€126,438 | -60.2% |
| Recurring financial income | 75 | €67,398 | €83,438 | +€16,040 | +23.8% |
| Income from financial fixed assets | 750 | €67,398 | €83,438 | +€16,040 | +23.8% |
| Non-recurring financial income | 76B | €142,478 | - | -€142,478 | |
| Financial charges | 65/66B | €0 | €191 | +€191 | +957250.0% |
| Recurring financial charges | 65 | €0 | €191 | +€191 | +957250.0% |
| Debt charges | 650 | - | €191 | +€191 | |
| Other financial charges | 652/9 | €0 | €0 | -€0 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €494,601 | €743,145 | +€248,544 | +50.3% |
| Income taxes | 67/77 | €1,000 | €184,605 | +€183,605 | +18360.5% |
| Taxes | 670/3 | €1,000 | €185,000 | +€184,000 | +18400.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €395 | +€395 | |
| Profit (loss) for the period | 9904 | €493,601 | €558,540 | +€64,940 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €493,601 | €558,540 | +€64,940 | +13.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.