K-FINTECH: 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-FINTECH
Largest movements
- Current investments -€400,000
down €400,000 (-100%), from €400,000 to €0
- Cash +€330,702
up €330,702 (+884%), from €37,409 to €368,110
mainly Current investments (+€400,000) and Net result for the year (+€47,024)
- Tangible fixed assets -€19,303
down €19,303 (-21.6%), from €89,329 to €70,027
of which Furniture and vehicles: -€17,563
- Receivables within one year +€15,362
up €15,362 (+4,609%), from €333 to €15,696
of which Other amounts receivable: +€14,996
- Reserves -€68,812
down €68,812 (-15.2%), from €453,145 to €384,333
of which Distributable reserves: -€68,812
- Tax, wage and social debts -€5,783
down €5,783 (-19.3%), from €29,988 to €24,205
- Gross operating margin -€19,905
down €19,905 (-18.0%), from €110,414 to €90,509
- Taxes -€8,746
down €8,746 (-30.6%), from €28,559 to €19,812
- Depreciation +€5,995
up €5,995 (+40.1%), from €14,959 to €20,955
- Financial income -€3,595
down €3,595 (-71.0%), from €5,059 to €1,465
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 | €533,077 | €456,155 | -€76,921 | -14.4% |
| Fixed assets | 21/28 | €89,329 | €70,027 | -€19,303 | -21.6% |
| Tangible fixed assets | 22/27 | €89,329 | €70,027 | -€19,303 | -21.6% |
| Plant, machinery and equipment | 23 | €11,292 | €9,552 | -€1,740 | -15.4% |
| Furniture and vehicles | 24 | €78,037 | €60,474 | -€17,563 | -22.5% |
| Current assets | 29/58 | €443,748 | €386,129 | -€57,619 | -13.0% |
| Amounts receivable within one year | 40/41 | €333 | €15,696 | +€15,362 | +4,609% |
| Trade receivables | 40 | - | €366 | +€366 | |
| Other amounts receivable | 41 | €333 | €15,330 | +€14,996 | +4,500% |
| Current investments | 50/53 | €400,000 | €0 | -€400,000 | -100% |
| Cash at bank and in hand | 54/58 | €37,409 | €368,110 | +€330,702 | +884% |
| Deferred charges and accrued income | 490/1 | €6,006 | €2,323 | -€3,683 | -61.3% |
| Total equity and liabilities | 10/49 | €533,077 | €456,155 | -€76,921 | -14.4% |
| Equity | 10/15 | €459,645 | €390,833 | -€68,812 | -15.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €453,145 | €384,333 | -€68,812 | -15.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,469 | €5,469 | = | 0.0% |
| Distributable reserves | 133 | €445,822 | €377,010 | -€68,812 | -15.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €73,431 | €65,322 | -€8,109 | -11.0% |
| Amounts payable within one year | 42/48 | €73,431 | €62,415 | -€11,017 | -15.0% |
| Trade debts | 44 | €1,344 | €172 | -€1,172 | -87.2% |
| Suppliers | 440/4 | €1,344 | €172 | -€1,172 | -87.2% |
| Taxes, remuneration and social security | 45 | €29,988 | €24,205 | -€5,783 | -19.3% |
| Taxes | 450/3 | €29,988 | €24,205 | -€5,783 | -19.3% |
| Other amounts payable | 47/48 | €42,100 | €38,038 | -€4,062 | -9.6% |
| Accrued charges and deferred income | 492/3 | - | €2,907 | +€2,907 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,959 | €20,955 | +€5,995 | +40.1% |
| Other operating charges | 640/8 | €1,897 | €1,161 | -€736 | -38.8% |
| Gross operating margin | 9900 | €110,414 | €90,509 | -€19,905 | -18.0% |
| Operating profit (loss) | 9901 | €93,557 | €68,393 | -€25,164 | -26.9% |
| Financial income | 75/76B | €5,059 | €1,465 | -€3,595 | -71.0% |
| Recurring financial income | 75 | €5,059 | €1,465 | -€3,595 | -71.0% |
| Financial charges | 65/66B | €2,999 | €3,022 | +€23 | +0.8% |
| Recurring financial charges | 65 | €2,999 | €3,022 | +€23 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €95,617 | €66,836 | -€28,781 | -30.1% |
| Income taxes | 67/77 | €28,559 | €19,812 | -€8,746 | -30.6% |
| Profit (loss) for the period | 9904 | €67,059 | €47,024 | -€20,035 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,059 | €47,024 | -€20,035 | -29.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.