DOUBLE KING: 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.
DOUBLE KING
Largest movements
- Receivables within one year +€30,959
up €30,959 (+108.2%), from €28,607 to €59,566
of which Trade receivables: +€36,959
- Cash -€15,952
down €15,952 (-58.1%), from €27,455 to €11,503
mainly Receivables within one year (-€30,959) and Stocks and contracts (-€9,685)
- Stocks and contracts +€9,685
up €9,685 (+209.3%), from €4,628 to €14,313
- Tangible fixed assets -€2,918
down €2,918 (-12.4%), from €23,587 to €20,669
of which Land and buildings: -€2,738
- Profit (loss) carried forward +€27,717
up €27,717 (+89.0%), from €31,160 to €58,877
- Tax, wage and social debts -€8,466
down €8,466 (-44.0%), from €19,222 to €10,756
- Trade debts +€2,695
up €2,695 (+8.2%), from €32,947 to €35,642
- Gross operating margin -€6,138
down €6,138 (-13.7%), from €44,950 to €38,812
- Taxes -€5,216
down €5,216 (-52.3%), from €9,970 to €4,754
- Financial charges +€1,298
up €1,298 (+91.3%), from €1,422 to €2,720
- Depreciation +€1,038
up €1,038 (+55.2%), from €1,880 to €2,918
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 | €90,227 | €112,001 | +€21,774 | +24.1% |
| Fixed assets | 21/28 | €29,537 | €26,619 | -€2,918 | -9.9% |
| Tangible fixed assets | 22/27 | €23,587 | €20,669 | -€2,918 | -12.4% |
| Land and buildings | 22 | €23,363 | €20,625 | -€2,738 | -11.7% |
| Plant, machinery and equipment | 23 | €224 | €44 | -€180 | -80.4% |
| Financial fixed assets | 28 | €5,950 | €5,950 | = | 0.0% |
| Current assets | 29/58 | €60,690 | €85,382 | +€24,692 | +40.7% |
| Stocks and contracts in progress | 3 | €4,628 | €14,313 | +€9,685 | +209.3% |
| Stocks | 30/36 | €4,628 | €14,313 | +€9,685 | +209.3% |
| Amounts receivable within one year | 40/41 | €28,607 | €59,566 | +€30,959 | +108.2% |
| Trade receivables | 40 | €13,607 | €50,566 | +€36,959 | +271.6% |
| Other amounts receivable | 41 | €15,000 | €9,000 | -€6,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €27,455 | €11,503 | -€15,952 | -58.1% |
| Total equity and liabilities | 10/49 | €90,227 | €112,001 | +€21,774 | +24.1% |
| Equity | 10/15 | €37,460 | €65,177 | +€27,717 | +74.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,160 | €58,877 | +€27,717 | +89.0% |
| Amounts payable | 17/49 | €52,767 | €46,824 | -€5,943 | -11.3% |
| Amounts payable within one year | 42/48 | €52,767 | €46,824 | -€5,943 | -11.3% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €32,947 | €35,642 | +€2,695 | +8.2% |
| Suppliers | 440/4 | €32,947 | €35,642 | +€2,695 | +8.2% |
| Taxes, remuneration and social security | 45 | €19,222 | €10,756 | -€8,466 | -44.0% |
| Taxes | 450/3 | €19,222 | €10,756 | -€8,466 | -44.0% |
| Other amounts payable | 47/48 | €597 | €426 | -€171 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,880 | €2,918 | +€1,038 | +55.2% |
| Other operating charges | 640/8 | €1,100 | €704 | -€396 | -36.0% |
| Gross operating margin | 9900 | €44,950 | €38,812 | -€6,138 | -13.7% |
| Operating profit (loss) | 9901 | €41,970 | €35,190 | -€6,780 | -16.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,422 | €2,720 | +€1,298 | +91.3% |
| Recurring financial charges | 65 | €1,422 | €2,720 | +€1,298 | +91.3% |
| Profit (loss) for the period before taxes | 9903 | €40,548 | €32,471 | -€8,077 | -19.9% |
| Income taxes | 67/77 | €9,970 | €4,754 | -€5,216 | -52.3% |
| Profit (loss) for the period | 9904 | €30,578 | €27,717 | -€2,861 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,578 | €27,717 | -€2,861 | -9.4% |
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.