K-advisors: 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.
K-advisors
Largest movements
- Cash -€66,104
down €66,104 (-78.8%), from €83,897 to €17,793
mainly Other debts (-€68,253) and Net result for the year (-€9,215)
- Receivables within one year -€16,843
down €16,843 (-69.7%), from €24,175 to €7,333
of which Other amounts receivable: -€9,340
- Tangible fixed assets -€2,396
down €2,396 (-38.6%), from €6,207 to €3,810
of which Furniture and vehicles: -€1,652
- Other debts -€68,253
down €68,253 (-98.6%), from €69,251 to €999
- Profit (loss) carried forward -€9,215
down €9,215 (-61.4%), from €15,000 to €5,785
- Tax, wage and social debts -€8,476
down €8,476 (-69.2%), from €12,242 to €3,767
- Gross operating margin -€119,167
down €119,167, from €112,397 to -€6,770
- Taxes -€22,707
down €22,707 (-96.8%), from €23,449 to €742
- Depreciation -€2,386
down €2,386 (-49.9%), from €4,783 to €2,396
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.
Derived cash bridge
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 | €115,815 | €30,893 | -€84,923 | -73.3% |
| Fixed assets | 21/28 | €6,529 | €4,132 | -€2,396 | -36.7% |
| Tangible fixed assets | 22/27 | €6,207 | €3,810 | -€2,396 | -38.6% |
| Furniture and vehicles | 24 | €3,017 | €1,365 | -€1,652 | -54.8% |
| Other tangible fixed assets | 26 | €3,189 | €2,445 | -€744 | -23.3% |
| Financial fixed assets | 28 | €322 | €322 | = | 0.0% |
| Current assets | 29/58 | €109,286 | €26,760 | -€82,526 | -75.5% |
| Amounts receivable within one year | 40/41 | €24,175 | €7,333 | -€16,843 | -69.7% |
| Trade receivables | 40 | €14,836 | €7,333 | -€7,503 | -50.6% |
| Other amounts receivable | 41 | €9,340 | €0 | -€9,340 | -100% |
| Cash at bank and in hand | 54/58 | €83,897 | €17,793 | -€66,104 | -78.8% |
| Deferred charges and accrued income | 490/1 | €1,214 | €1,635 | +€420 | +34.6% |
| Total equity and liabilities | 10/49 | €115,815 | €30,893 | -€84,923 | -73.3% |
| Equity | 10/15 | €33,600 | €24,385 | -€9,215 | -27.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,000 | €5,785 | -€9,215 | -61.4% |
| Amounts payable | 17/49 | €82,215 | €6,508 | -€75,707 | -92.1% |
| Amounts payable within one year | 42/48 | €82,215 | €6,508 | -€75,707 | -92.1% |
| Financial debts | 43 | €0 | €279 | +€279 | |
| Other loans | 439 | €0 | €279 | +€279 | |
| Trade debts | 44 | €722 | €1,463 | +€742 | +103% |
| Suppliers | 440/4 | €722 | €1,463 | +€742 | +103% |
| Taxes, remuneration and social security | 45 | €12,242 | €3,767 | -€8,476 | -69.2% |
| Taxes | 450/3 | €12,242 | €3,767 | -€8,476 | -69.2% |
| Other amounts payable | 47/48 | €69,251 | €999 | -€68,253 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,783 | €2,396 | -€2,386 | -49.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €112,397 | -€6,770 | -€119,167 | |
| Operating profit (loss) | 9901 | €107,227 | -€9,566 | -€116,793 | |
| Financial income | 75/76B | €589 | €1,094 | +€505 | +85.6% |
| Recurring financial income | 75 | €589 | €1,094 | +€505 | +85.6% |
| Financial charges | 65/66B | €116 | €1 | -€115 | -99.3% |
| Recurring financial charges | 65 | €116 | €1 | -€115 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | €107,700 | -€8,473 | -€116,174 | |
| Income taxes | 67/77 | €23,449 | €742 | -€22,707 | -96.8% |
| Profit (loss) for the period | 9904 | €84,251 | -€9,215 | -€93,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €84,251 | -€9,215 | -€93,467 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.