BK AVIATION: 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.
BK AVIATION
Largest movements
- Tangible fixed assets -€101,382
down €101,382 (-80.6%), from €125,847 to €24,465
of which Plant, machinery and equipment: -€121,540
- Cash +€2,205
up €2,205 (+35.4%), from €6,236 to €8,440
mainly Investment in fixed assets (net) (+€97,802) and Depreciation (+€3,580)
- Deferred charges and accrued income +€2,057
up €2,057 (+121%), from €1,706 to €3,763
- Other debts -€81,041
down €81,041 (-64.8%), from €125,118 to €44,077
- Profit (loss) carried forward -€15,531
down €15,531 (-91.0%), from -€17,062 to -€32,593
- Trade debts +€2,944
up €2,944 (+813%), from €362 to €3,306
- Debts after one year -€2,685
down €2,685 (-40.0%), from €6,720 to €4,034
- Depreciation -€15,113
down €15,113 (-80.8%), from €18,693 to €3,580
- Gross operating margin +€4,571
up €4,571 (+36.6%), from €12,498 to €17,069
- Other operating charges +€529
up €529 (+56.5%), from €935 to €1,464
- Financial charges -€442
down €442 (-82.2%), from €538 to €96
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 | €138,253 | €41,661 | -€96,593 | -69.9% |
| Fixed assets | 21/28 | €126,097 | €24,715 | -€101,382 | -80.4% |
| Tangible fixed assets | 22/27 | €125,847 | €24,465 | -€101,382 | -80.6% |
| Plant, machinery and equipment | 23 | €123,433 | €1,893 | -€121,540 | -98.5% |
| Furniture and vehicles | 24 | €2,414 | €22,572 | +€20,158 | +835% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €12,156 | €16,946 | +€4,790 | +39.4% |
| Amounts receivable within one year | 40/41 | €4,215 | €4,742 | +€528 | +12.5% |
| Trade receivables | 40 | €3,128 | €3,308 | +€180 | +5.8% |
| Other amounts receivable | 41 | €1,086 | €1,434 | +€348 | +32.0% |
| Cash at bank and in hand | 54/58 | €6,236 | €8,440 | +€2,205 | +35.4% |
| Deferred charges and accrued income | 490/1 | €1,706 | €3,763 | +€2,057 | +121% |
| Total equity and liabilities | 10/49 | €138,253 | €41,661 | -€96,593 | -69.9% |
| Equity | 10/15 | €3,483 | -€12,048 | -€15,531 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,345 | €14,345 | = | 0.0% |
| Distributable reserves | 133 | €14,345 | €14,345 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,062 | -€32,593 | -€15,531 | -91.0% |
| Amounts payable | 17/49 | €134,770 | €53,709 | -€81,061 | -60.1% |
| Amounts payable after more than one year | 17 | €6,720 | €4,034 | -€2,685 | -40.0% |
| Financial debts | 170/4 | €6,720 | €4,034 | -€2,685 | -40.0% |
| Amounts payable within one year | 42/48 | €128,050 | €49,674 | -€78,376 | -61.2% |
| Current portion of amounts payable after more than one year | 42 | €2,558 | €2,291 | -€267 | -10.4% |
| Trade debts | 44 | €362 | €3,306 | +€2,944 | +813% |
| Suppliers | 440/4 | €362 | €3,306 | +€2,944 | +813% |
| Taxes, remuneration and social security | 45 | €12 | - | -€12 | |
| Taxes | 450/3 | €12 | - | -€12 | |
| Other amounts payable | 47/48 | €125,118 | €44,077 | -€81,041 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,693 | €3,580 | -€15,113 | -80.8% |
| Other operating charges | 640/8 | €935 | €1,464 | +€529 | +56.5% |
| Non-recurring operating charges | 66A | - | €26,880 | +€26,880 | |
| Gross operating margin | 9900 | €12,498 | €17,069 | +€4,571 | +36.6% |
| Operating profit (loss) | 9901 | -€7,131 | -€14,855 | -€7,724 | -108% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €538 | €96 | -€442 | -82.2% |
| Recurring financial charges | 65 | €538 | €96 | -€442 | -82.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,668 | -€14,951 | -€7,282 | -95.0% |
| Income taxes | 67/77 | €414 | €581 | +€167 | +40.3% |
| Profit (loss) for the period | 9904 | -€8,082 | -€15,531 | -€7,449 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,082 | -€15,531 | -€7,449 | -92.2% |
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 30 October 2026 via checked.be.