BKRS GROUP: 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.
BKRS GROUP
Largest movements
- Tangible fixed assets +€479,804
new in 2025: €479,804
- Cash -€118,128
down €118,128 (-100.0%), from €118,143 to €15
mainly Investment in fixed assets (net) (-€495,660) and Net result for the year (-€42,193)
- Receivables within one year -€5,532
down €5,532 (-92.2%), from €6,000 to €468
of which Trade receivables: -€6,000
- Formation expenses +€5,372
new in 2025: €5,372
- Debts after one year +€382,129
new in 2025: €382,129
- Profit (loss) carried forward -€42,193
down €42,193 (-4924.3%), from -€857 to -€43,050
- Other debts +€9,569
new in 2025: €9,569
- Current portion of long-term debt +€7,871
new in 2025: €7,871
- Gross operating margin -€19,737
down €19,737 (-3094.2%), from -€638 to -€20,374
- Depreciation +€10,484
new in 2025: €10,484
- Other operating charges +€6,019
new in 2025: €6,019
- Financial charges +€5,097
up €5,097 (+2327.4%), from €219 to €5,316
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 | €124,143 | €485,806 | +€361,663 | +291.3% |
| Formation expenses | 20 | - | €5,372 | +€5,372 | |
| Fixed assets | 21/28 | - | €479,804 | +€479,804 | |
| Tangible fixed assets | 22/27 | - | €479,804 | +€479,804 | |
| Land and buildings | 22 | - | €479,804 | +€479,804 | |
| Current assets | 29/58 | €124,143 | €630 | -€123,513 | -99.5% |
| Amounts receivable within one year | 40/41 | €6,000 | €468 | -€5,532 | -92.2% |
| Trade receivables | 40 | €6,000 | - | -€6,000 | |
| Other amounts receivable | 41 | - | €468 | +€468 | |
| Cash at bank and in hand | 54/58 | €118,143 | €15 | -€118,128 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €147 | +€147 | |
| Total equity and liabilities | 10/49 | €124,143 | €485,806 | +€361,663 | +291.3% |
| Equity | 10/15 | €124,143 | €81,950 | -€42,193 | -34.0% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€857 | -€43,050 | -€42,193 | -4924.3% |
| Amounts payable | 17/49 | - | €403,856 | +€403,856 | |
| Amounts payable after more than one year | 17 | - | €382,129 | +€382,129 | |
| Financial debts | 170/4 | - | €382,129 | +€382,129 | |
| Amounts payable within one year | 42/48 | - | €17,742 | +€17,742 | |
| Current portion of amounts payable after more than one year | 42 | - | €7,871 | +€7,871 | |
| Trade debts | 44 | - | €303 | +€303 | |
| Suppliers | 440/4 | - | €303 | +€303 | |
| Other amounts payable | 47/48 | - | €9,569 | +€9,569 | |
| Accrued charges and deferred income | 492/3 | - | €3,985 | +€3,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,484 | +€10,484 | |
| Other operating charges | 640/8 | - | €6,019 | +€6,019 | |
| Gross operating margin | 9900 | -€638 | -€20,374 | -€19,737 | -3094.2% |
| Operating profit (loss) | 9901 | -€638 | -€36,878 | -€36,240 | -5681.5% |
| Financial charges | 65/66B | €219 | €5,316 | +€5,097 | +2327.4% |
| Recurring financial charges | 65 | €219 | €5,316 | +€5,097 | +2327.4% |
| Profit (loss) for the period before taxes | 9903 | -€857 | -€42,193 | -€41,336 | -4824.3% |
| Profit (loss) for the period | 9904 | -€857 | -€42,193 | -€41,336 | -4824.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€857 | -€42,193 | -€41,336 | -4824.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.