K & G BVBA: 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 & G BVBA
Largest movements
- Stocks and contracts -€344,050
down €344,050 (-38.6%), from €891,914 to €547,864
- Receivables within one year -€112,127
down €112,127 (-89.4%), from €125,360 to €13,233
of which Trade receivables: -€105,977
- Trade debts -€548,768
down €548,768 (-96.3%), from €569,622 to €20,854
- Reserves +€69,088
up €69,088 (+99.6%), from €69,372 to €138,460
of which Non-distributable reserves: +€69,088
- Other debts +€12,213
up €12,213 (+3.1%), from €396,893 to €409,106
- Gross operating margin -€95,205
down €95,205, from €64,745 to -€30,460
- Write-downs -€57,000
new in 2025: -€57,000
- Other operating charges -€6,717
down €6,717 (-43.1%), from €15,588 to €8,871
- Depreciation -€2,480
down €2,480 (-22.1%), from €11,202 to €8,722
- Taxes +€758
new in 2025: €758
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 | €1,095,696 | €629,275 | -€466,421 | -42.6% |
| Fixed assets | 21/28 | €74,825 | €67,093 | -€7,732 | -10.3% |
| Tangible fixed assets | 22/27 | €69,879 | €61,157 | -€8,722 | -12.5% |
| Land and buildings | 22 | €40,000 | €40,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,105 | €501 | -€604 | -54.7% |
| Furniture and vehicles | 24 | €840 | €312 | -€528 | -62.9% |
| Leasing and similar rights | 25 | €9,497 | €4,392 | -€5,105 | -53.8% |
| Other tangible fixed assets | 26 | €18,437 | €15,952 | -€2,485 | -13.5% |
| Financial fixed assets | 28 | €4,946 | €5,936 | +€990 | +20.0% |
| Current assets | 29/58 | €1,020,871 | €562,182 | -€458,689 | -44.9% |
| Stocks and contracts in progress | 3 | €891,914 | €547,864 | -€344,050 | -38.6% |
| Stocks | 30/36 | €891,914 | €547,864 | -€344,050 | -38.6% |
| Amounts receivable within one year | 40/41 | €125,360 | €13,233 | -€112,127 | -89.4% |
| Trade receivables | 40 | €118,127 | €12,150 | -€105,977 | -89.7% |
| Other amounts receivable | 41 | €7,233 | €1,083 | -€6,150 | -85.0% |
| Cash at bank and in hand | 54/58 | €3,597 | €1,085 | -€2,512 | -69.8% |
| Total equity and liabilities | 10/49 | €1,095,696 | €629,275 | -€466,421 | -42.6% |
| Equity | 10/15 | €125,588 | €194,965 | +€69,377 | +55.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,372 | €138,460 | +€69,088 | +99.6% |
| Non-distributable reserves | 130/1 | €1,860 | €70,948 | +€69,088 | +3,714% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | - | €69,088 | +€69,088 | |
| Distributable reserves | 133 | €67,512 | €67,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,616 | €37,905 | +€289 | +0.8% |
| Amounts payable | 17/49 | €970,108 | €434,310 | -€535,798 | -55.2% |
| Amounts payable within one year | 42/48 | €970,108 | €434,310 | -€535,798 | -55.2% |
| Trade debts | 44 | €569,622 | €20,854 | -€548,768 | -96.3% |
| Suppliers | 440/4 | €569,622 | €20,854 | -€548,768 | -96.3% |
| Taxes, remuneration and social security | 45 | €3,593 | €4,350 | +€757 | +21.1% |
| Taxes | 450/3 | €3,593 | €4,350 | +€757 | +21.1% |
| Other amounts payable | 47/48 | €396,893 | €409,106 | +€12,213 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,202 | €8,722 | -€2,480 | -22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€57,000 | -€57,000 | |
| Other operating charges | 640/8 | €15,588 | €8,871 | -€6,717 | -43.1% |
| Gross operating margin | 9900 | €64,745 | -€30,460 | -€95,205 | |
| Operating profit (loss) | 9901 | €37,955 | €8,947 | -€29,008 | -76.4% |
| Financial income | 75/76B | €1 | €77 | +€76 | +7,600% |
| Recurring financial income | 75 | €1 | €77 | +€76 | +7,600% |
| Financial charges | 65/66B | €2,574 | €1,977 | -€597 | -23.2% |
| Recurring financial charges | 65 | €2,574 | €1,977 | -€597 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €35,382 | €7,047 | -€28,335 | -80.1% |
| Income taxes | 67/77 | - | €758 | +€758 | |
| Profit (loss) for the period | 9904 | €35,382 | €6,289 | -€29,093 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,382 | €6,289 | -€29,093 | -82.2% |
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 24 October 2026 via checked.be.