K & E PROMOTIES: 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 & E PROMOTIES
Largest movements
- Current investments +€300,000
up €300,000 (+19.3%), from €1.6m to €1.9m
- Cash -€73,687
down €73,687 (-11.7%), from €627,456 to €553,769
mainly Current investments (-€300,000) and Contributions, distributions and other (-€229,482)
- Tangible fixed assets -€62,945
down €62,945 (-4.5%), from €1.4m to €1.3m
of which Land and buildings: -€61,564
- Reserves +€150,562
up €150,562 (+4.3%), from €3.5m to €3.6m
of which Distributable reserves: +€150,562
- Financial income +€74,987
up €74,987 (+651%), from €11,522 to €86,509
- Gross operating margin +€26,647
up €26,647 (+5.4%), from €491,473 to €518,119
- Taxes +€24,115
up €24,115 (+23.4%), from €103,125 to €127,240
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 | €3,600,032 | €3,733,885 | +€133,853 | +3.7% |
| Fixed assets | 21/28 | €1,383,548 | €1,320,603 | -€62,945 | -4.5% |
| Tangible fixed assets | 22/27 | €1,383,541 | €1,320,595 | -€62,945 | -4.5% |
| Land and buildings | 22 | €1,372,554 | €1,310,990 | -€61,564 | -4.5% |
| Plant, machinery and equipment | 23 | €10,987 | €9,606 | -€1,381 | -12.6% |
| Financial fixed assets | 28 | €7 | €7 | = | 0.0% |
| Current assets | 29/58 | €2,216,484 | €2,413,282 | +€196,798 | +8.9% |
| Amounts receivable within one year | 40/41 | €33,228 | €3,713 | -€29,515 | -88.8% |
| Other amounts receivable | 41 | €33,228 | €3,713 | -€29,515 | -88.8% |
| Current investments | 50/53 | €1,555,800 | €1,855,800 | +€300,000 | +19.3% |
| Cash at bank and in hand | 54/58 | €627,456 | €553,769 | -€73,687 | -11.7% |
| Total equity and liabilities | 10/49 | €3,600,032 | €3,733,885 | +€133,853 | +3.7% |
| Equity | 10/15 | €3,547,114 | €3,697,676 | +€150,562 | +4.2% |
| Contributions | 10/11 | €84,284 | €84,284 | = | 0.0% |
| Capital | 10 | €84,284 | €84,284 | = | 0.0% |
| Issued capital | 100 | €84,284 | €84,284 | = | 0.0% |
| Reserves | 13 | €3,462,831 | €3,613,392 | +€150,562 | +4.3% |
| Non-distributable reserves | 130/1 | €8,428 | €8,428 | = | 0.0% |
| Legal reserve | 130 | €8,428 | €8,428 | = | 0.0% |
| Distributable reserves | 133 | €3,454,402 | €3,604,964 | +€150,562 | +4.4% |
| Amounts payable | 17/49 | €52,917 | €36,209 | -€16,709 | -31.6% |
| Amounts payable within one year | 42/48 | €52,917 | €36,209 | -€16,709 | -31.6% |
| Trade debts | 44 | €201 | €952 | +€751 | +374% |
| Suppliers | 440/4 | €201 | €952 | +€751 | +374% |
| Taxes, remuneration and social security | 45 | €50,812 | €34,549 | -€16,262 | -32.0% |
| Taxes | 450/3 | €50,812 | €34,549 | -€16,262 | -32.0% |
| Other amounts payable | 47/48 | €1,905 | €707 | -€1,198 | -62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,595 | €62,945 | -€649 | -1.0% |
| Other operating charges | 640/8 | €33,480 | €34,400 | +€921 | +2.7% |
| Gross operating margin | 9900 | €491,473 | €518,119 | +€26,647 | +5.4% |
| Operating profit (loss) | 9901 | €394,398 | €420,774 | +€26,376 | +6.7% |
| Financial income | 75/76B | €11,522 | €86,509 | +€74,987 | +651% |
| Recurring financial income | 75 | €11,522 | €86,509 | +€74,987 | +651% |
| Profit (loss) for the period before taxes | 9903 | €405,920 | €507,283 | +€101,363 | +25.0% |
| Income taxes | 67/77 | €103,125 | €127,240 | +€24,115 | +23.4% |
| Profit (loss) for the period | 9904 | €302,795 | €380,043 | +€77,248 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €302,795 | €380,043 | +€77,248 | +25.5% |
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 27 October 2026 via checked.be.