BK plus: 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 plus
Largest movements
- Receivables within one year -€153,073
down €153,073 (-93.2%), from €164,291 to €11,218
of which Trade receivables: -€152,163
- Intangible fixed assets -€89,165
no longer reported in 2025 (was €89,165)
- Tangible fixed assets -€43,839
down €43,839 (-9.1%), from €483,026 to €439,187
of which Furniture and vehicles: -€28,516
- Cash -€36,468
down €36,468 (-36.1%), from €101,150 to €64,682
mainly Contributions, distributions and other (-€200,000) and Debts after one year (-€168,946)
- Deferred charges and accrued income -€15,148
down €15,148 (-67.0%), from €22,594 to €7,446
- Debts after one year -€168,946
down €168,946 (-34.9%), from €484,455 to €315,509
- Other debts -€150,135
no longer reported in 2025 (was €150,135)
- Reserves +€99,468
up €99,468 (+522.4%), from €19,040 to €118,508
- Tax, wage and social debts -€59,192
down €59,192 (-97.2%), from €60,917 to €1,725
of which Taxes: -€33,345
- Trade debts -€58,447
down €58,447 (-83.6%), from €69,898 to €11,451
- Staff costs -€161,262
down €161,262 (-75.7%), from €213,001 to €51,739
- Gross operating margin +€96,686
up €96,686 (+24.9%), from €387,661 to €484,347
- Taxes +€88,149
up €88,149 (+639.9%), from €13,776 to €101,925
- Depreciation -€37,575
down €37,575 (-66.8%), from €56,251 to €18,676
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 | €860,226 | €522,533 | -€337,693 | -39.3% |
| Fixed assets | 21/28 | €572,192 | €439,187 | -€133,005 | -23.2% |
| Intangible fixed assets | 21 | €89,165 | - | -€89,165 | |
| Tangible fixed assets | 22/27 | €483,026 | €439,187 | -€43,839 | -9.1% |
| Land and buildings | 22 | €440,407 | €426,304 | -€14,103 | -3.2% |
| Plant, machinery and equipment | 23 | €4,878 | €3,658 | -€1,220 | -25.0% |
| Furniture and vehicles | 24 | €37,741 | €9,225 | -€28,516 | -75.6% |
| Current assets | 29/58 | €288,035 | €83,346 | -€204,689 | -71.1% |
| Amounts receivable within one year | 40/41 | €164,291 | €11,218 | -€153,073 | -93.2% |
| Trade receivables | 40 | €163,381 | €11,218 | -€152,163 | -93.1% |
| Other amounts receivable | 41 | €910 | - | -€910 | |
| Cash at bank and in hand | 54/58 | €101,150 | €64,682 | -€36,468 | -36.1% |
| Deferred charges and accrued income | 490/1 | €22,594 | €7,446 | -€15,148 | -67.0% |
| Total equity and liabilities | 10/49 | €860,226 | €522,533 | -€337,693 | -39.3% |
| Equity | 10/15 | €49,033 | €148,501 | +€99,468 | +202.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | €4,993 | €4,993 | -€0 | 0.0% |
| Reserves | 13 | €19,040 | €118,508 | +€99,468 | +522.4% |
| Distributable reserves | 133 | €19,040 | €118,508 | +€99,468 | +522.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €811,193 | €374,032 | -€437,161 | -53.9% |
| Amounts payable after more than one year | 17 | €484,455 | €315,509 | -€168,946 | -34.9% |
| Financial debts | 170/4 | €484,455 | €315,509 | -€168,946 | -34.9% |
| Amounts payable within one year | 42/48 | €321,458 | €50,123 | -€271,335 | -84.4% |
| Current portion of amounts payable after more than one year | 42 | €40,508 | €36,947 | -€3,561 | -8.8% |
| Trade debts | 44 | €69,898 | €11,451 | -€58,447 | -83.6% |
| Suppliers | 440/4 | €69,898 | €11,451 | -€58,447 | -83.6% |
| Taxes, remuneration and social security | 45 | €60,917 | €1,725 | -€59,192 | -97.2% |
| Taxes | 450/3 | €35,070 | €1,725 | -€33,345 | -95.1% |
| Remuneration and social security | 454/9 | €25,848 | - | -€25,848 | |
| Other amounts payable | 47/48 | €150,135 | - | -€150,135 | |
| Accrued charges and deferred income | 492/3 | €5,280 | €8,400 | +€3,120 | +59.1% |
| Non-recurring operating income | 76A | €0 | €445,835 | +€445,835 | |
| Remuneration, social security and pensions | 62 | €213,001 | €51,739 | -€161,262 | -75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,251 | €18,676 | -€37,575 | -66.8% |
| Other operating charges | 640/8 | €4,224 | €3,236 | -€988 | -23.4% |
| Non-recurring operating charges | 66A | €0 | €2,164 | +€2,164 | |
| Gross operating margin | 9900 | €387,661 | €484,347 | +€96,686 | +24.9% |
| Operating profit (loss) | 9901 | €114,185 | €408,532 | +€294,347 | +257.8% |
| Financial income | 75/76B | €44 | €947 | +€903 | +2041.1% |
| Recurring financial income | 75 | €44 | €947 | +€903 | +2041.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €11,433 | €8,086 | -€3,347 | -29.3% |
| Recurring financial charges | 65 | €11,433 | €8,086 | -€3,347 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €102,795 | €401,393 | +€298,598 | +290.5% |
| Income taxes | 67/77 | €13,776 | €101,925 | +€88,149 | +639.9% |
| Profit (loss) for the period | 9904 | €89,019 | €299,468 | +€210,449 | +236.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,019 | €299,468 | +€210,449 | +236.4% |
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 2 October 2026 via checked.be.