BKS: 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.
BKS
Largest movements
- Stocks and contracts -€78,870
down €78,870 (-15.5%), from €509,040 to €430,170
- Tangible fixed assets +€44,801
up €44,801 (+1.9%), from €2.4m to €2.4m
of which Furniture and vehicles: +€164,322
- Cash -€33,408
down €33,408 (-74.6%), from €44,783 to €11,375
mainly Investment in fixed assets (net) (-€270,450) and Trade debts (-€109,392)
- Trade debts -€109,392
down €109,392 (-61.1%), from €178,966 to €69,574
- Reserves +€84,582
up €84,582 (+14.8%), from €572,457 to €657,038
of which Distributable reserves: +€84,582
- Other debts -€79,166
down €79,166 (-43.3%), from €182,757 to €103,591
- Current portion of long-term debt +€34,000
up €34,000 (+19.2%), from €177,324 to €211,323
- Gross operating margin +€48,791
up €48,791 (+14.2%), from €343,102 to €391,893
- Financial income +€21,035
up €21,035 (+5008359.5%), from €0 to €21,036
- Taxes +€17,832
up €17,832 (+240.7%), from €7,409 to €25,240
- Other operating charges +€17,378
up €17,378 (+1286.0%), from €1,351 to €18,730
- Depreciation +€17,109
up €17,109 (+8.2%), from €208,540 to €225,649
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 | €3,070,694 | €3,035,755 | -€34,939 | -1.1% |
| Fixed assets | 21/28 | €2,380,946 | €2,425,747 | +€44,801 | +1.9% |
| Tangible fixed assets | 22/27 | €2,380,811 | €2,425,612 | +€44,801 | +1.9% |
| Land and buildings | 22 | €1,925,710 | €1,796,367 | -€129,343 | -6.7% |
| Plant, machinery and equipment | 23 | €455,024 | €464,846 | +€9,822 | +2.2% |
| Furniture and vehicles | 24 | €78 | €164,400 | +€164,322 | +210507.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €689,748 | €610,007 | -€79,740 | -11.6% |
| Stocks and contracts in progress | 3 | €509,040 | €430,170 | -€78,870 | -15.5% |
| Stocks | 30/36 | €509,040 | €430,170 | -€78,870 | -15.5% |
| Amounts receivable within one year | 40/41 | €126,848 | €142,505 | +€15,657 | +12.3% |
| Trade receivables | 40 | €126,848 | €117,720 | -€9,129 | -7.2% |
| Other amounts receivable | 41 | - | €24,786 | +€24,786 | |
| Cash at bank and in hand | 54/58 | €44,783 | €11,375 | -€33,408 | -74.6% |
| Deferred charges and accrued income | 490/1 | €9,076 | €25,957 | +€16,881 | +186.0% |
| Total equity and liabilities | 10/49 | €3,070,694 | €3,035,755 | -€34,939 | -1.1% |
| Equity | 10/15 | €672,457 | €757,038 | +€84,582 | +12.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €572,457 | €657,038 | +€84,582 | +14.8% |
| Non-distributable reserves | 130/1 | €3,741 | €3,741 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,741 | €3,741 | = | 0.0% |
| Distributable reserves | 133 | €568,716 | €653,298 | +€84,582 | +14.9% |
| Amounts payable | 17/49 | €2,398,237 | €2,278,717 | -€119,521 | -5.0% |
| Amounts payable after more than one year | 17 | €1,833,140 | €1,857,699 | +€24,558 | +1.3% |
| Financial debts | 170/4 | €1,833,140 | €1,857,699 | +€24,558 | +1.3% |
| Amounts payable within one year | 42/48 | €564,771 | €420,685 | -€144,086 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €177,324 | €211,323 | +€34,000 | +19.2% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €178,966 | €69,574 | -€109,392 | -61.1% |
| Suppliers | 440/4 | €178,966 | €69,574 | -€109,392 | -61.1% |
| Taxes, remuneration and social security | 45 | €25,724 | €11,197 | -€14,528 | -56.5% |
| Taxes | 450/3 | €24,724 | €10,197 | -€14,528 | -58.8% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €182,757 | €103,591 | -€79,166 | -43.3% |
| Accrued charges and deferred income | 492/3 | €326 | €333 | +€7 | +2.0% |
| Non-recurring operating income | 76A | - | €18,259 | +€18,259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208,540 | €225,649 | +€17,109 | +8.2% |
| Other operating charges | 640/8 | €1,351 | €18,730 | +€17,378 | +1286.0% |
| Non-recurring operating charges | 66A | €50 | €0 | -€50 | -100.0% |
| Gross operating margin | 9900 | €343,102 | €391,893 | +€48,791 | +14.2% |
| Operating profit (loss) | 9901 | €133,160 | €147,514 | +€14,354 | +10.8% |
| Financial income | 75/76B | €0 | €21,036 | +€21,035 | +5008359.5% |
| Recurring financial income | 75 | €0 | €21,036 | +€21,035 | +5008359.5% |
| Financial charges | 65/66B | €51,665 | €58,728 | +€7,063 | +13.7% |
| Recurring financial charges | 65 | €51,665 | €58,728 | +€7,063 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €81,496 | €109,822 | +€28,326 | +34.8% |
| Income taxes | 67/77 | €7,409 | €25,240 | +€17,832 | +240.7% |
| Profit (loss) for the period | 9904 | €74,088 | €84,582 | +€10,494 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,088 | €84,582 | +€10,494 | +14.2% |
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.