K& Concepts: 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.
K& Concepts
Largest movements
- Cash +€49,401
up €49,401 (+283.4%), from €17,429 to €66,829
mainly Net result for the year (+€73,670) and Tax, wage and social debts (+€18,152)
- Receivables within one year +€10,196
up €10,196 (+42.8%), from €23,845 to €34,041
of which Trade receivables: +€5,434
- Tangible fixed assets -€3,757
down €3,757 (-39.1%), from €9,605 to €5,848
of which Furniture and vehicles: -€2,690
- Reserves +€38,670
up €38,670 (+102.2%), from €37,831 to €76,501
- Tax, wage and social debts +€18,152
up €18,152 (+246.8%), from €7,354 to €25,507
of which Taxes: +€18,138
- Trade debts -€1,989
down €1,989 (-32.0%), from €6,223 to €4,234
- Gross operating margin +€56,337
up €56,337 (+111.6%), from €50,482 to €106,819
- Taxes +€17,019
up €17,019 (+153.5%), from €11,088 to €28,107
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 | €54,408 | €109,241 | +€54,833 | +100.8% |
| Fixed assets | 21/28 | €9,605 | €5,848 | -€3,757 | -39.1% |
| Tangible fixed assets | 22/27 | €9,605 | €5,848 | -€3,757 | -39.1% |
| Land and buildings | 22 | €3,172 | €2,105 | -€1,067 | -33.6% |
| Furniture and vehicles | 24 | €6,433 | €3,743 | -€2,690 | -41.8% |
| Current assets | 29/58 | €44,803 | €103,393 | +€58,590 | +130.8% |
| Amounts receivable within one year | 40/41 | €23,845 | €34,041 | +€10,196 | +42.8% |
| Trade receivables | 40 | €528 | €5,962 | +€5,434 | +1030.1% |
| Other amounts receivable | 41 | €23,317 | €28,079 | +€4,762 | +20.4% |
| Cash at bank and in hand | 54/58 | €17,429 | €66,829 | +€49,401 | +283.4% |
| Deferred charges and accrued income | 490/1 | €3,530 | €2,523 | -€1,007 | -28.5% |
| Total equity and liabilities | 10/49 | €54,408 | €109,241 | +€54,833 | +100.8% |
| Equity | 10/15 | €40,831 | €79,501 | +€38,670 | +94.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,831 | €76,501 | +€38,670 | +102.2% |
| Distributable reserves | 133 | €37,831 | €76,501 | +€38,670 | +102.2% |
| Amounts payable | 17/49 | €13,577 | €29,740 | +€16,163 | +119.1% |
| Amounts payable within one year | 42/48 | €13,577 | €29,740 | +€16,163 | +119.1% |
| Trade debts | 44 | €6,223 | €4,234 | -€1,989 | -32.0% |
| Suppliers | 440/4 | €6,223 | €4,234 | -€1,989 | -32.0% |
| Taxes, remuneration and social security | 45 | €7,354 | €25,507 | +€18,152 | +246.8% |
| Taxes | 450/3 | €5,088 | €23,227 | +€18,138 | +356.5% |
| Remuneration and social security | 454/9 | €2,266 | €2,280 | +€14 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,757 | €3,757 | = | 0.0% |
| Other operating charges | 640/8 | €1,359 | €909 | -€450 | -33.1% |
| Gross operating margin | 9900 | €50,482 | €106,819 | +€56,337 | +111.6% |
| Operating profit (loss) | 9901 | €45,367 | €102,154 | +€56,787 | +125.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €525 | €378 | -€147 | -28.1% |
| Recurring financial charges | 65 | €525 | €378 | -€147 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €44,842 | €101,777 | +€56,935 | +127.0% |
| Income taxes | 67/77 | €11,088 | €28,107 | +€17,019 | +153.5% |
| Profit (loss) for the period | 9904 | €33,753 | €73,670 | +€39,917 | +118.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,753 | €73,670 | +€39,917 | +118.3% |
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.