K. Freelance: 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. Freelance
Largest movements
- Cash +€38,339
up €38,339 (+39.4%), from €97,351 to €135,690
mainly Net result for the year (+€57,434) and Depreciation (+€4,988)
- Tangible fixed assets -€4,988
down €4,988 (-22.2%), from €22,455 to €17,467
- Reserves +€57,434
up €57,434 (+54.5%), from €105,463 to €162,897
- Tax, wage and social debts -€14,997
down €14,997 (-36.3%), from €41,303 to €26,306
- Trade debts -€5,636
down €5,636 (-83.6%), from €6,738 to €1,103
- Gross operating margin -€58,490
down €58,490 (-41.9%), from €139,738 to €81,248
- Taxes -€13,764
down €13,764 (-45.5%), from €30,231 to €16,467
- Depreciation +€3,438
up €3,438 (+221.9%), from €1,550 to €4,988
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 | €158,304 | €193,305 | +€35,001 | +22.1% |
| Fixed assets | 21/28 | €22,455 | €17,467 | -€4,988 | -22.2% |
| Tangible fixed assets | 22/27 | €22,455 | €17,467 | -€4,988 | -22.2% |
| Furniture and vehicles | 24 | €22,455 | €17,467 | -€4,988 | -22.2% |
| Current assets | 29/58 | €135,849 | €175,838 | +€39,989 | +29.4% |
| Amounts receivable within one year | 40/41 | €37,571 | €39,220 | +€1,649 | +4.4% |
| Trade receivables | 40 | €37,571 | €39,220 | +€1,649 | +4.4% |
| Cash at bank and in hand | 54/58 | €97,351 | €135,690 | +€38,339 | +39.4% |
| Deferred charges and accrued income | 490/1 | €928 | €928 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €158,304 | €193,305 | +€35,001 | +22.1% |
| Equity | 10/15 | €108,463 | €165,897 | +€57,434 | +53.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €105,463 | €162,897 | +€57,434 | +54.5% |
| Distributable reserves | 133 | €105,463 | €162,897 | +€57,434 | +54.5% |
| Amounts payable | 17/49 | €49,841 | €27,408 | -€22,432 | -45.0% |
| Amounts payable within one year | 42/48 | €48,041 | €27,408 | -€20,632 | -42.9% |
| Trade debts | 44 | €6,738 | €1,103 | -€5,636 | -83.6% |
| Suppliers | 440/4 | €6,738 | €1,103 | -€5,636 | -83.6% |
| Taxes, remuneration and social security | 45 | €41,303 | €26,306 | -€14,997 | -36.3% |
| Taxes | 450/3 | €41,303 | €26,306 | -€14,997 | -36.3% |
| Accrued charges and deferred income | 492/3 | €1,800 | - | -€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,550 | €4,988 | +€3,438 | +221.9% |
| Other operating charges | 640/8 | €1,494 | €1,418 | -€76 | -5.1% |
| Gross operating margin | 9900 | €139,738 | €81,248 | -€58,490 | -41.9% |
| Operating profit (loss) | 9901 | €136,694 | €74,841 | -€61,853 | -45.2% |
| Financial charges | 65/66B | €1,000 | €940 | -€60 | -6.0% |
| Recurring financial charges | 65 | €1,000 | €940 | -€60 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €135,694 | €73,901 | -€61,793 | -45.5% |
| Income taxes | 67/77 | €30,231 | €16,467 | -€13,764 | -45.5% |
| Profit (loss) for the period | 9904 | €105,463 | €57,434 | -€48,029 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €105,463 | €57,434 | -€48,029 | -45.5% |
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 7 October 2026 via checked.be.