K-ELEVEN: 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-ELEVEN
Largest movements
- Tangible fixed assets -€5,705
down €5,705 (-4.4%), from €128,377 to €122,672
of which Land and buildings: -€3,950
- Other debts +€16,988
up €16,988 (+13.9%), from €122,061 to €139,049
- Debts after one year -€15,773
down €15,773 (-65.9%), from €23,918 to €8,146
- Profit (loss) carried forward -€6,647
down €6,647 (-19.8%), from -€33,578 to -€40,225
- Contributions +€1,860
up €1,860 (+30.0%), from €6,200 to €8,060
- Reserves -€1,860
down €1,860 (-78.4%), from €2,372 to €512
of which Non-distributable reserves: -€1,860
- Gross operating margin +€6,222
up €6,222, from -€3,614 to €2,608
- Financial charges -€663
down €663 (-28.3%), from €2,343 to €1,680
- Other operating charges +€372
up €372 (+24.8%), from €1,498 to €1,870
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,580 | €131,917 | -€4,664 | -3.4% |
| Fixed assets | 21/28 | €128,377 | €122,672 | -€5,705 | -4.4% |
| Tangible fixed assets | 22/27 | €128,377 | €122,672 | -€5,705 | -4.4% |
| Land and buildings | 22 | €122,859 | €118,909 | -€3,950 | -3.2% |
| Plant, machinery and equipment | 23 | €5,519 | €3,763 | -€1,756 | -31.8% |
| Current assets | 29/58 | €8,203 | €9,245 | +€1,042 | +12.7% |
| Amounts receivable within one year | 40/41 | €473 | €1,321 | +€848 | +179% |
| Other amounts receivable | 41 | €473 | €1,321 | +€848 | +179% |
| Cash at bank and in hand | 54/58 | €2,930 | €3,123 | +€193 | +6.6% |
| Deferred charges and accrued income | 490/1 | €4,800 | €4,800 | = | 0.0% |
| Total equity and liabilities | 10/49 | €136,580 | €131,917 | -€4,664 | -3.4% |
| Equity | 10/15 | -€25,006 | -€31,653 | -€6,647 | -26.6% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Contributions outside capital | 11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Other | 1109/19 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Reserves | 13 | €2,372 | €512 | -€1,860 | -78.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €512 | €512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,578 | -€40,225 | -€6,647 | -19.8% |
| Amounts payable | 17/49 | €161,586 | €163,570 | +€1,984 | +1.2% |
| Amounts payable after more than one year | 17 | €23,918 | €8,146 | -€15,773 | -65.9% |
| Financial debts | 170/4 | €23,918 | €8,146 | -€15,773 | -65.9% |
| Amounts payable within one year | 42/48 | €137,668 | €155,424 | +€17,756 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €15,101 | €15,773 | +€672 | +4.4% |
| Trade debts | 44 | €506 | €603 | +€97 | +19.1% |
| Suppliers | 440/4 | €506 | €603 | +€97 | +19.1% |
| Other amounts payable | 47/48 | €122,061 | €139,049 | +€16,988 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,705 | €5,705 | = | 0.0% |
| Other operating charges | 640/8 | €1,498 | €1,870 | +€372 | +24.8% |
| Gross operating margin | 9900 | -€3,614 | €2,608 | +€6,222 | |
| Operating profit (loss) | 9901 | -€10,817 | -€4,968 | +€5,850 | +54.1% |
| Financial charges | 65/66B | €2,343 | €1,680 | -€663 | -28.3% |
| Recurring financial charges | 65 | €2,343 | €1,680 | -€663 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,160 | -€6,647 | +€6,513 | +49.5% |
| Profit (loss) for the period | 9904 | -€13,160 | -€6,647 | +€6,513 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,160 | -€6,647 | +€6,513 | +49.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.