FA & KO: 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.
FA & KO
Largest movements
- Receivables within one year +€1,374
up €1,374 (+276.9%), from €496 to €1,870
of which Trade receivables: +€1,870
- Cash -€56
down €56 (-84.3%), from €67 to €10
mainly Other debts (-€11,353) and Trade debts (-€1,379)
- Profit (loss) carried forward +€13,820
up €13,820 (+15.2%), from -€90,908 to -€77,088
- Other debts -€11,353
down €11,353 (-16.4%), from €69,263 to €57,910
- Trade debts -€1,379
down €1,379 (-60.5%), from €2,278 to €899
- Tax, wage and social debts +€230
new in 2025: €230
- Gross operating margin +€18,153
up €18,153, from -€2,612 to €15,540
- Financial charges +€1,030
up €1,030 (+847.2%), from €122 to €1,152
- Other operating charges +€568
new in 2025: €568
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 | €563 | €1,880 | +€1,318 | +234.1% |
| Current assets | 29/58 | €563 | €1,880 | +€1,318 | +234.1% |
| Amounts receivable within one year | 40/41 | €496 | €1,870 | +€1,374 | +276.9% |
| Trade receivables | 40 | - | €1,870 | +€1,870 | |
| Other amounts receivable | 41 | €496 | - | -€496 | |
| Cash at bank and in hand | 54/58 | €67 | €10 | -€56 | -84.3% |
| Total equity and liabilities | 10/49 | €563 | €1,880 | +€1,318 | +234.1% |
| Equity | 10/15 | -€70,978 | -€57,158 | +€13,820 | +19.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €930 | €930 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Reserves not available under the articles | 1311 | €930 | €930 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,908 | -€77,088 | +€13,820 | +15.2% |
| Amounts payable | 17/49 | €71,541 | €59,039 | -€12,502 | -17.5% |
| Amounts payable within one year | 42/48 | €71,541 | €59,039 | -€12,502 | -17.5% |
| Trade debts | 44 | €2,278 | €899 | -€1,379 | -60.5% |
| Suppliers | 440/4 | €2,278 | €899 | -€1,379 | -60.5% |
| Taxes, remuneration and social security | 45 | - | €230 | +€230 | |
| Taxes | 450/3 | - | €230 | +€230 | |
| Other amounts payable | 47/48 | €69,263 | €57,910 | -€11,353 | -16.4% |
| Non-recurring operating income | 76A | - | €14,613 | +€14,613 | |
| Other operating charges | 640/8 | - | €568 | +€568 | |
| Gross operating margin | 9900 | -€2,612 | €15,540 | +€18,153 | |
| Operating profit (loss) | 9901 | -€2,612 | €14,972 | +€17,585 | |
| Financial charges | 65/66B | €122 | €1,152 | +€1,030 | +847.2% |
| Recurring financial charges | 65 | €122 | €1,152 | +€1,030 | +847.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,734 | €13,820 | +€16,554 | |
| Profit (loss) for the period | 9904 | -€2,734 | €13,820 | +€16,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,734 | €13,820 | +€16,554 |
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 5 October 2026 via checked.be.