BK International: what changed
BK International
Largest movements
- Financial fixed assets -€125,188
down €125,188 (-100.0%), from €125,189 to €1
- Receivables within one year +€30,836
up €30,836 (+46.6%), from €66,141 to €96,976
of which Trade receivables: +€26,169
- Tangible fixed assets -€14,018
down €14,018 (-4.6%), from €301,555 to €287,537
of which Leasing and similar rights: -€30,750
- Profit (loss) carried forward -€79,689
new in 2025: -€79,689
- Debts after one year -€21,588
down €21,588 (-9.9%), from €217,252 to €195,664
- Reserves -€20,000
down €20,000 (-10.1%), from €197,155 to €177,155
of which Distributable reserves: -€20,000
- Tax, wage and social debts +€11,826
up €11,826 (+95.9%), from €12,326 to €24,152
of which Taxes: +€7,980
- Trade debts -€5,579
down €5,579 (-34.1%), from €16,372 to €10,793
- Financial charges +€125,257
up €125,257 (+901%), from €13,898 to €139,156
of which Non-recurring financial charges: +€125,188
- Gross operating margin +€13,077
up €13,077 (+11.9%), from €109,766 to €122,843
- Depreciation +€6,965
up €6,965 (+18.4%), from €37,754 to €44,719
- Financial income +€2,004
up €2,004 (+80.7%), from €2,482 to €4,486
- Other operating charges -€1,792
down €1,792 (-22.7%), from €7,910 to €6,118
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €505,455 | €396,353 | -€109,102 | -21.6% |
| Fixed assets | 21/28 | €426,744 | €287,538 | -€139,206 | -32.6% |
| Tangible fixed assets | 22/27 | €301,555 | €287,537 | -€14,018 | -4.6% |
| Land and buildings | 22 | €179,684 | €198,134 | +€18,450 | +10.3% |
| Plant, machinery and equipment | 23 | €5,458 | €4,426 | -€1,032 | -18.9% |
| Furniture and vehicles | 24 | €2,736 | €2,050 | -€686 | -25.1% |
| Leasing and similar rights | 25 | €113,677 | €82,927 | -€30,750 | -27.1% |
| Financial fixed assets | 28 | €125,189 | €1 | -€125,188 | -100.0% |
| Current assets | 29/58 | €78,711 | €108,816 | +€30,104 | +38.2% |
| Amounts receivable within one year | 40/41 | €66,141 | €96,976 | +€30,836 | +46.6% |
| Trade receivables | 40 | €0 | €26,169 | +€26,169 | |
| Other amounts receivable | 41 | €66,141 | €70,807 | +€4,666 | +7.1% |
| Cash at bank and in hand | 54/58 | €5,385 | €2,755 | -€2,631 | -48.8% |
| Deferred charges and accrued income | 490/1 | €7,185 | €9,084 | +€1,899 | +26.4% |
| Total equity and liabilities | 10/49 | €505,455 | €396,353 | -€109,102 | -21.6% |
| Equity | 10/15 | €215,755 | €116,066 | -€99,689 | -46.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €197,155 | €177,155 | -€20,000 | -10.1% |
| Tax-exempt reserves | 132 | €3,833 | €3,833 | = | 0.0% |
| Distributable reserves | 133 | €193,322 | €173,322 | -€20,000 | -10.3% |
| Profit (loss) carried forward | 14 | - | -€79,689 | -€79,689 | |
| Amounts payable | 17/49 | €289,700 | €280,287 | -€9,413 | -3.2% |
| Amounts payable after more than one year | 17 | €217,252 | €195,664 | -€21,588 | -9.9% |
| Financial debts | 170/4 | €217,252 | €195,664 | -€21,588 | -9.9% |
| Amounts payable within one year | 42/48 | €72,449 | €84,007 | +€11,558 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €43,750 | €49,062 | +€5,312 | +12.1% |
| Trade debts | 44 | €16,372 | €10,793 | -€5,579 | -34.1% |
| Suppliers | 440/4 | €16,372 | €10,793 | -€5,579 | -34.1% |
| Taxes, remuneration and social security | 45 | €12,326 | €24,152 | +€11,826 | +95.9% |
| Taxes | 450/3 | €12,326 | €20,306 | +€7,980 | +64.7% |
| Remuneration and social security | 454/9 | €0 | €3,846 | +€3,846 | |
| Accrued charges and deferred income | 492/3 | €0 | €617 | +€617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,754 | €44,719 | +€6,965 | +18.4% |
| Other operating charges | 640/8 | €7,910 | €6,118 | -€1,792 | -22.7% |
| Non-recurring operating charges | 66A | €1,682 | €0 | -€1,682 | -100% |
| Gross operating margin | 9900 | €109,766 | €122,843 | +€13,077 | +11.9% |
| Operating profit (loss) | 9901 | €62,420 | €72,006 | +€9,585 | +15.4% |
| Financial income | 75/76B | €2,482 | €4,486 | +€2,004 | +80.7% |
| Recurring financial income | 75 | €2,482 | €4,486 | +€2,004 | +80.7% |
| Financial charges | 65/66B | €13,898 | €139,156 | +€125,257 | +901% |
| Recurring financial charges | 65 | €13,898 | €13,968 | +€69 | +0.5% |
| Non-recurring financial charges | 66B | - | €125,188 | +€125,188 | |
| Profit (loss) for the period before taxes | 9903 | €51,004 | -€62,665 | -€113,669 | |
| Income taxes | 67/77 | €17,751 | €17,025 | -€726 | -4.1% |
| Profit (loss) for the period | 9904 | €33,253 | -€79,689 | -€112,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,253 | -€79,689 | -€112,942 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.