BK Projects: 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 Projects
Largest movements
- Cash +€20,462
up €20,462 (+140.6%), from €14,554 to €35,016
mainly Depreciation (+€12,892) and Net result for the year (+€7,425)
- Tangible fixed assets -€11,286
down €11,286 (-3.7%), from €306,593 to €295,307
- Profit (loss) carried forward +€7,425
up €7,425 (+13.5%), from -€55,012 to -€47,587
- Gross operating margin +€10,015
up €10,015 (+78.3%), from €12,784 to €22,799
- Other operating charges -€889
down €889 (-26.7%), from €3,326 to €2,437
- Depreciation +€741
up €741 (+6.1%), from €12,151 to €12,892
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 | €321,147 | €330,323 | +€9,176 | +2.9% |
| Fixed assets | 21/28 | €306,593 | €295,307 | -€11,286 | -3.7% |
| Tangible fixed assets | 22/27 | €306,593 | €295,307 | -€11,286 | -3.7% |
| Land and buildings | 22 | €306,593 | €295,307 | -€11,286 | -3.7% |
| Current assets | 29/58 | €14,554 | €35,016 | +€20,462 | +140.6% |
| Cash at bank and in hand | 54/58 | €14,554 | €35,016 | +€20,462 | +140.6% |
| Total equity and liabilities | 10/49 | €321,147 | €330,323 | +€9,176 | +2.9% |
| Equity | 10/15 | -€48,812 | -€41,387 | +€7,425 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,012 | -€47,587 | +€7,425 | +13.5% |
| Amounts payable | 17/49 | €369,959 | €371,710 | +€1,751 | +0.5% |
| Amounts payable within one year | 42/48 | €363,959 | €363,710 | -€249 | -0.1% |
| Trade debts | 44 | €4,253 | €2,356 | -€1,897 | -44.6% |
| Suppliers | 440/4 | €4,253 | €2,356 | -€1,897 | -44.6% |
| Other amounts payable | 47/48 | €359,706 | €361,354 | +€1,648 | +0.5% |
| Accrued charges and deferred income | 492/3 | €6,000 | €8,000 | +€2,000 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,151 | €12,892 | +€741 | +6.1% |
| Other operating charges | 640/8 | €3,326 | €2,437 | -€889 | -26.7% |
| Gross operating margin | 9900 | €12,784 | €22,799 | +€10,015 | +78.3% |
| Operating profit (loss) | 9901 | -€2,693 | €7,470 | +€10,163 | |
| Financial charges | 65/66B | €52 | €45 | -€7 | -13.5% |
| Recurring financial charges | 65 | €52 | €45 | -€7 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,745 | €7,425 | +€10,170 | |
| Profit (loss) for the period | 9904 | -€2,745 | €7,425 | +€10,170 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,745 | €7,425 | +€10,170 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.