K-Beheer: 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-Beheer
Largest movements
- Tangible fixed assets -€57,969
down €57,969 (-5.2%), from €1.1m to €1.1m
- Cash +€22,215
up €22,215 (+116%), from €19,071 to €41,286
mainly Depreciation (+€57,969) and Receivables within one year (+€16,534)
- Receivables within one year -€16,534
down €16,534 (-86.3%), from €19,149 to €2,615
of which Trade receivables: -€18,740
- Debts after one year -€45,000
down €45,000 (-5.5%), from €811,249 to €766,249
of which Financial debts: -€45,000
- Other debts -€14,100
down €14,100 (-13.8%), from €101,993 to €87,893
- Gross operating margin -€9,106
down €9,106 (-9.3%), from €98,088 to €88,982
- Other operating charges +€1,131
up €1,131 (+9.5%), from €11,935 to €13,066
- Taxes -€1,113
down €1,113 (-31.5%), from €3,535 to €2,422
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 | €1,160,515 | €1,108,227 | -€52,287 | -4.5% |
| Fixed assets | 21/28 | €1,122,295 | €1,064,326 | -€57,969 | -5.2% |
| Tangible fixed assets | 22/27 | €1,117,695 | €1,059,726 | -€57,969 | -5.2% |
| Land and buildings | 22 | €1,117,695 | €1,059,726 | -€57,969 | -5.2% |
| Financial fixed assets | 28 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €38,220 | €43,901 | +€5,681 | +14.9% |
| Amounts receivable within one year | 40/41 | €19,149 | €2,615 | -€16,534 | -86.3% |
| Trade receivables | 40 | €18,750 | €10 | -€18,740 | -99.9% |
| Other amounts receivable | 41 | €399 | €2,605 | +€2,206 | +553% |
| Cash at bank and in hand | 54/58 | €19,071 | €41,286 | +€22,215 | +116% |
| Total equity and liabilities | 10/49 | €1,160,515 | €1,108,227 | -€52,287 | -4.5% |
| Equity | 10/15 | €194,036 | €200,494 | +€6,458 | +3.3% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €19,036 | €25,494 | +€6,458 | +33.9% |
| Distributable reserves | 133 | €19,036 | €25,494 | +€6,458 | +33.9% |
| Amounts payable | 17/49 | €966,479 | €907,733 | -€58,745 | -6.1% |
| Amounts payable after more than one year | 17 | €811,249 | €766,249 | -€45,000 | -5.5% |
| Financial debts | 170/4 | €436,249 | €391,249 | -€45,000 | -10.3% |
| Other amounts payable | 178/9 | €375,000 | €375,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €155,230 | €141,484 | -€13,745 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €45,000 | = | 0.0% |
| Trade debts | 44 | €3,052 | €3,407 | +€355 | +11.6% |
| Suppliers | 440/4 | €3,052 | €3,407 | +€355 | +11.6% |
| Taxes, remuneration and social security | 45 | €5,185 | €5,185 | = | 0.0% |
| Taxes | 450/3 | €5,185 | €5,185 | = | 0.0% |
| Other amounts payable | 47/48 | €101,993 | €87,893 | -€14,100 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,155 | €57,969 | -€187 | -0.3% |
| Other operating charges | 640/8 | €11,935 | €13,066 | +€1,131 | +9.5% |
| Gross operating margin | 9900 | €98,088 | €88,982 | -€9,106 | -9.3% |
| Operating profit (loss) | 9901 | €27,997 | €17,947 | -€10,050 | -35.9% |
| Financial charges | 65/66B | €9,938 | €9,067 | -€871 | -8.8% |
| Recurring financial charges | 65 | €9,938 | €9,067 | -€871 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €18,059 | €8,880 | -€9,180 | -50.8% |
| Income taxes | 67/77 | €3,535 | €2,422 | -€1,113 | -31.5% |
| Profit (loss) for the period | 9904 | €14,525 | €6,458 | -€8,067 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,525 | €6,458 | -€8,067 | -55.5% |
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 16 October 2026 via checked.be.