BK Concept: 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.
BK Concept
Largest movements
- Tangible fixed assets +€695,125
up €695,125 (+70.7%), from €982,968 to €1.7m
of which Land and buildings: +€695,989
- Cash +€192,827
up €192,827 (+564.4%), from €34,167 to €226,994
mainly Other debts (+€578,775) and Net result for the year (+€478,897)
- Receivables within one year +€172,824
up €172,824 (+1145.5%), from €15,087 to €187,911
of which Other amounts receivable: +€185,547
- Other debts +€578,775
up €578,775 (+104.4%), from €554,202 to €1.1m
- Reserves +€478,897
up €478,897 (+70.9%), from €675,138 to €1.2m
- Financial income +€612,376
up €612,376 (+2934.9%), from €20,865 to €633,242
- Depreciation +€90,239
up €90,239 (+165.5%), from €54,531 to €144,771
- Gross operating margin +€15,177
up €15,177, from -€12,144 to €3,034
- Other operating charges +€10,990
up €10,990 (+761.5%), from €1,443 to €12,434
- Financial charges -€202
down €202 (-53.7%), from €376 to €174
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 | €1,379,382 | €2,440,172 | +€1.1m | +76.9% |
| Fixed assets | 21/28 | €1,330,019 | €2,025,143 | +€695,125 | +52.3% |
| Tangible fixed assets | 22/27 | €982,968 | €1,678,093 | +€695,125 | +70.7% |
| Land and buildings | 22 | €980,652 | €1,676,641 | +€695,989 | +71.0% |
| Furniture and vehicles | 24 | €2,315 | €1,451 | -€864 | -37.3% |
| Financial fixed assets | 28 | €347,051 | €347,051 | = | 0.0% |
| Current assets | 29/58 | €49,363 | €415,028 | +€365,665 | +740.8% |
| Amounts receivable within one year | 40/41 | €15,087 | €187,911 | +€172,824 | +1145.5% |
| Trade receivables | 40 | €13,134 | €411 | -€12,722 | -96.9% |
| Other amounts receivable | 41 | €1,953 | €187,500 | +€185,547 | +9498.2% |
| Cash at bank and in hand | 54/58 | €34,167 | €226,994 | +€192,827 | +564.4% |
| Deferred charges and accrued income | 490/1 | €109 | €123 | +€14 | +12.5% |
| Total equity and liabilities | 10/49 | €1,379,382 | €2,440,172 | +€1.1m | +76.9% |
| Equity | 10/15 | €817,440 | €1,296,337 | +€478,897 | +58.6% |
| Contributions | 10/11 | €142,302 | €142,302 | = | 0.0% |
| Reserves | 13 | €675,138 | €1,154,035 | +€478,897 | +70.9% |
| Distributable reserves | 133 | €675,138 | €1,154,035 | +€478,897 | +70.9% |
| Amounts payable | 17/49 | €561,942 | €1,143,835 | +€581,893 | +103.6% |
| Amounts payable after more than one year | 17 | €7,740 | - | -€7,740 | |
| Financial debts | 170/4 | €7,740 | - | -€7,740 | |
| Amounts payable within one year | 42/48 | €554,202 | €1,143,835 | +€589,633 | +106.4% |
| Trade debts | 44 | - | €10,858 | +€10,858 | |
| Suppliers | 440/4 | - | €10,858 | +€10,858 | |
| Other amounts payable | 47/48 | €554,202 | €1,132,977 | +€578,775 | +104.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,531 | €144,771 | +€90,239 | +165.5% |
| Other operating charges | 640/8 | €1,443 | €12,434 | +€10,990 | +761.5% |
| Gross operating margin | 9900 | -€12,144 | €3,034 | +€15,177 | |
| Operating profit (loss) | 9901 | -€68,118 | -€154,170 | -€86,052 | -126.3% |
| Financial income | 75/76B | €20,865 | €633,242 | +€612,376 | +2934.9% |
| Recurring financial income | 75 | €20,865 | €633,242 | +€612,376 | +2934.9% |
| Financial charges | 65/66B | €376 | €174 | -€202 | -53.7% |
| Recurring financial charges | 65 | €376 | €174 | -€202 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | -€47,629 | €478,897 | +€526,526 | |
| Profit (loss) for the period | 9904 | -€47,629 | €478,897 | +€526,526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,629 | €478,897 | +€526,526 |
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 6 October 2026 via checked.be.