BK Foam: 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 Foam
Largest movements
- Tangible fixed assets -€22,103
down €22,103 (-20.5%), from €108,011 to €85,907
of which Furniture and vehicles: -€14,963
- Cash -€15,116
down €15,116 (-33.3%), from €45,405 to €30,289
mainly Net result for the year (-€27,923) and Trade debts (-€22,543)
- Stocks and contracts +€10,810
up €10,810 (+44.3%), from €24,420 to €35,230
of which Stocks: +€6,810
- Receivables within one year -€7,554
down €7,554 (-5.4%), from €138,727 to €131,173
of which Other amounts receivable: -€11,968
- Profit (loss) carried forward -€27,923
down €27,923 (-79.0%), from -€35,360 to -€63,283
- Other debts +€26,454
up €26,454 (+2,393%), from €1,106 to €27,560
- Trade debts -€22,543
down €22,543 (-29.4%), from €76,723 to €54,180
- Debts after one year -€14,718
down €14,718 (-8.5%), from €172,487 to €157,769
of which Financial debts: -€17,556
- Current portion of long-term debt -€9,747
down €9,747 (-35.7%), from €27,303 to €17,556
- Gross operating margin +€39,301
up €39,301 (+2,425%), from €1,620 to €40,922
- Depreciation +€12,841
up €12,841 (+139%), from €9,263 to €22,103
- Staff costs +€8,699
up €8,699 (+27.6%), from €31,528 to €40,227
- Financial charges +€6,519
up €6,519 (+311%), from €2,099 to €8,617
- Financial income -€4,792
down €4,792 (-52.8%), from €9,072 to €4,280
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 | €319,610 | €284,388 | -€35,222 | -11.0% |
| Fixed assets | 21/28 | €108,011 | €85,907 | -€22,103 | -20.5% |
| Tangible fixed assets | 22/27 | €108,011 | €85,907 | -€22,103 | -20.5% |
| Plant, machinery and equipment | 23 | €19,054 | €14,378 | -€4,676 | -24.5% |
| Furniture and vehicles | 24 | €70,188 | €55,224 | -€14,963 | -21.3% |
| Other tangible fixed assets | 26 | €18,769 | €16,305 | -€2,464 | -13.1% |
| Current assets | 29/58 | €211,600 | €198,481 | -€13,119 | -6.2% |
| Stocks and contracts in progress | 3 | €24,420 | €35,230 | +€10,810 | +44.3% |
| Stocks | 30/36 | €19,420 | €26,230 | +€6,810 | +35.1% |
| Contracts in progress | 37 | €5,000 | €9,000 | +€4,000 | +80.0% |
| Amounts receivable within one year | 40/41 | €138,727 | €131,173 | -€7,554 | -5.4% |
| Trade receivables | 40 | €28,947 | €33,362 | +€4,414 | +15.2% |
| Other amounts receivable | 41 | €109,780 | €97,812 | -€11,968 | -10.9% |
| Cash at bank and in hand | 54/58 | €45,405 | €30,289 | -€15,116 | -33.3% |
| Deferred charges and accrued income | 490/1 | €3,047 | €1,789 | -€1,259 | -41.3% |
| Total equity and liabilities | 10/49 | €319,610 | €284,388 | -€35,222 | -11.0% |
| Equity | 10/15 | €39,374 | €11,451 | -€27,923 | -70.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €49,734 | €49,734 | = | 0.0% |
| Distributable reserves | 133 | €49,734 | €49,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,360 | -€63,283 | -€27,923 | -79.0% |
| Amounts payable | 17/49 | €280,236 | €272,937 | -€7,299 | -2.6% |
| Amounts payable after more than one year | 17 | €172,487 | €157,769 | -€14,718 | -8.5% |
| Financial debts | 170/4 | €61,487 | €43,931 | -€17,556 | -28.6% |
| Other amounts payable | 178/9 | €111,000 | €113,838 | +€2,838 | +2.6% |
| Amounts payable within one year | 42/48 | €107,749 | €108,668 | +€919 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €27,303 | €17,556 | -€9,747 | -35.7% |
| Trade debts | 44 | €76,723 | €54,180 | -€22,543 | -29.4% |
| Suppliers | 440/4 | €76,723 | €54,180 | -€22,543 | -29.4% |
| Taxes, remuneration and social security | 45 | €2,619 | €9,373 | +€6,755 | +258% |
| Taxes | 450/3 | €606 | €726 | +€120 | +19.7% |
| Remuneration and social security | 454/9 | €2,013 | €8,648 | +€6,635 | +330% |
| Other amounts payable | 47/48 | €1,106 | €27,560 | +€26,454 | +2,393% |
| Accrued charges and deferred income | 492/3 | €0 | €6,500 | +€6,500 | |
| Remuneration, social security and pensions | 62 | €31,528 | €40,227 | +€8,699 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,263 | €22,103 | +€12,841 | +139% |
| Other operating charges | 640/8 | €3,163 | €2,177 | -€985 | -31.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,620 | €40,922 | +€39,301 | +2,425% |
| Operating profit (loss) | 9901 | -€42,333 | -€23,586 | +€18,747 | +44.3% |
| Financial income | 75/76B | €9,072 | €4,280 | -€4,792 | -52.8% |
| Recurring financial income | 75 | €9,072 | €4,280 | -€4,792 | -52.8% |
| Financial charges | 65/66B | €2,099 | €8,617 | +€6,519 | +311% |
| Recurring financial charges | 65 | €2,099 | €8,617 | +€6,519 | +311% |
| Profit (loss) for the period before taxes | 9903 | -€35,360 | -€27,923 | +€7,437 | +21.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€35,360 | -€27,923 | +€7,437 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,360 | -€27,923 | +€7,437 | +21.0% |
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 25 October 2026 via checked.be.