K-Enterprises: 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-Enterprises
Largest movements
- Receivables within one year +€42,172
up €42,172 (+183%), from €23,023 to €65,196
of which Trade receivables: +€42,168
- Cash +€36,165
up €36,165 (+525%), from €6,888 to €43,052
mainly Net result for the year (+€44,922) and Tax, wage and social debts (+€36,195)
- Deferred charges and accrued income +€1,687
new in 2025: €1,687
- Reserves +€44,922
up €44,922 (+284%), from €15,815 to €60,736
- Tax, wage and social debts +€36,195
up €36,195 (+1,475%), from €2,454 to €38,649
- Advances received -€5,442
no longer reported in 2025 (was €5,442)
- Trade debts +€3,033
new in 2025: €3,033
- Other debts +€1,315
new in 2025: €1,315
- Gross operating margin +€62,187
up €62,187 (+585%), from €10,639 to €72,826
- Taxes +€21,175
up €21,175 (+3,342%), from €634 to €21,809
- Other operating charges +€2,882
up €2,882 (+93.7%), from €3,075 to €5,957
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 | €29,911 | €109,934 | +€80,024 | +268% |
| Current assets | 29/58 | €29,911 | €109,934 | +€80,024 | +268% |
| Amounts receivable within one year | 40/41 | €23,023 | €65,196 | +€42,172 | +183% |
| Trade receivables | 40 | €22,778 | €64,946 | +€42,168 | +185% |
| Other amounts receivable | 41 | €246 | €250 | +€5 | +1.9% |
| Cash at bank and in hand | 54/58 | €6,888 | €43,052 | +€36,165 | +525% |
| Deferred charges and accrued income | 490/1 | - | €1,687 | +€1,687 | |
| Total equity and liabilities | 10/49 | €29,911 | €109,934 | +€80,024 | +268% |
| Equity | 10/15 | €22,015 | €66,936 | +€44,922 | +204% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,815 | €60,736 | +€44,922 | +284% |
| Distributable reserves | 133 | €15,815 | €60,736 | +€44,922 | +284% |
| Amounts payable | 17/49 | €7,896 | €42,998 | +€35,102 | +445% |
| Amounts payable within one year | 42/48 | €7,896 | €42,998 | +€35,102 | +445% |
| Trade debts | 44 | - | €3,033 | +€3,033 | |
| Suppliers | 440/4 | - | €3,033 | +€3,033 | |
| Advances received on contracts in progress | 46 | €5,442 | - | -€5,442 | |
| Taxes, remuneration and social security | 45 | €2,454 | €38,649 | +€36,195 | +1,475% |
| Taxes | 450/3 | €2,454 | €38,649 | +€36,195 | +1,475% |
| Other amounts payable | 47/48 | - | €1,315 | +€1,315 | |
| Other operating charges | 640/8 | €3,075 | €5,957 | +€2,882 | +93.7% |
| Gross operating margin | 9900 | €10,639 | €72,826 | +€62,187 | +585% |
| Operating profit (loss) | 9901 | €7,564 | €66,869 | +€59,305 | +784% |
| Financial charges | 65/66B | €593 | €138 | -€455 | -76.7% |
| Recurring financial charges | 65 | €593 | €138 | -€455 | -76.7% |
| Profit (loss) for the period before taxes | 9903 | €6,971 | €66,731 | +€59,760 | +857% |
| Income taxes | 67/77 | €634 | €21,809 | +€21,175 | +3,342% |
| Profit (loss) for the period | 9904 | €6,337 | €44,922 | +€38,585 | +609% |
| Profit (loss) for the period to be appropriated | 9905 | €6,337 | €44,922 | +€38,585 | +609% |
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 15 October 2026 via checked.be.