K&HOME: 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&HOME
Largest movements
- Cash -€74,416
down €74,416 (-58.4%), from €127,484 to €53,068
mainly Advances received (-€80,000) and Contributions, distributions and other (-€30,000)
- Receivables within one year -€23,265
down €23,265 (-47.4%), from €49,057 to €25,791
of which Other amounts receivable: -€25,591
- Tangible fixed assets -€6,170
down €6,170 (-3.7%), from €167,661 to €161,491
of which Land and buildings: -€5,656
- Advances received -€80,000
no longer reported in 2025 (was €80,000)
- Reserves -€16,000
down €16,000 (-27.9%), from €57,374 to €41,374
- Other debts -€8,500
down €8,500 (-25.0%), from €34,000 to €25,500
- Debts after one year -€7,941
down €7,941 (-5.5%), from €143,703 to €135,762
- Trade debts +€7,475
up €7,475 (+282.3%), from €2,648 to €10,123
- Other operating charges +€10,079
up €10,079 (+872.9%), from €1,155 to €11,234
- Gross operating margin -€7,235
down €7,235 (-14.7%), from €49,082 to €41,847
- Taxes -€1,805
down €1,805 (-21.7%), from €8,324 to €6,519
- Financial income +€1,225
up €1,225 (+2449.6%), from €50 to €1,275
- Financial charges -€667
down €667 (-12.4%), from €5,360 to €4,693
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 | €347,298 | €242,356 | -€104,943 | -30.2% |
| Fixed assets | 21/28 | €167,661 | €161,491 | -€6,170 | -3.7% |
| Tangible fixed assets | 22/27 | €167,661 | €161,491 | -€6,170 | -3.7% |
| Land and buildings | 22 | €166,731 | €161,075 | -€5,656 | -3.4% |
| Furniture and vehicles | 24 | €929 | €415 | -€514 | -55.3% |
| Current assets | 29/58 | €179,638 | €80,865 | -€98,773 | -55.0% |
| Amounts receivable within one year | 40/41 | €49,057 | €25,791 | -€23,265 | -47.4% |
| Trade receivables | 40 | - | €2,325 | +€2,325 | |
| Other amounts receivable | 41 | €49,057 | €23,466 | -€25,591 | -52.2% |
| Cash at bank and in hand | 54/58 | €127,484 | €53,068 | -€74,416 | -58.4% |
| Deferred charges and accrued income | 490/1 | €3,097 | €2,005 | -€1,091 | -35.2% |
| Total equity and liabilities | 10/49 | €347,298 | €242,356 | -€104,943 | -30.2% |
| Equity | 10/15 | €59,479 | €43,985 | -€15,494 | -26.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €57,374 | €41,374 | -€16,000 | -27.9% |
| Distributable reserves | 133 | €57,374 | €41,374 | -€16,000 | -27.9% |
| Profit (loss) carried forward | 14 | €105 | €611 | +€506 | +482.9% |
| Amounts payable | 17/49 | €287,819 | €198,371 | -€89,449 | -31.1% |
| Amounts payable after more than one year | 17 | €143,703 | €135,762 | -€7,941 | -5.5% |
| Financial debts | 170/4 | €143,703 | €135,762 | -€7,941 | -5.5% |
| Amounts payable within one year | 42/48 | €143,851 | €62,357 | -€81,494 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €7,759 | €7,941 | +€183 | +2.4% |
| Financial debts | 43 | €6,692 | €6,685 | -€6 | -0.1% |
| Credit institutions | 430/8 | €6,692 | €6,685 | -€6 | -0.1% |
| Trade debts | 44 | €2,648 | €10,123 | +€7,475 | +282.3% |
| Suppliers | 440/4 | €2,648 | €10,123 | +€7,475 | +282.3% |
| Advances received on contracts in progress | 46 | €80,000 | - | -€80,000 | |
| Taxes, remuneration and social security | 45 | €12,752 | €12,107 | -€645 | -5.1% |
| Taxes | 450/3 | €12,752 | €10,617 | -€2,136 | -16.7% |
| Remuneration and social security | 454/9 | - | €1,491 | +€1,491 | |
| Other amounts payable | 47/48 | €34,000 | €25,500 | -€8,500 | -25.0% |
| Accrued charges and deferred income | 492/3 | €266 | €252 | -€14 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,170 | €6,170 | = | 0.0% |
| Other operating charges | 640/8 | €1,155 | €11,234 | +€10,079 | +872.9% |
| Gross operating margin | 9900 | €49,082 | €41,847 | -€7,235 | -14.7% |
| Operating profit (loss) | 9901 | €41,757 | €24,443 | -€17,314 | -41.5% |
| Financial income | 75/76B | €50 | €1,275 | +€1,225 | +2449.6% |
| Recurring financial income | 75 | €50 | €1,275 | +€1,225 | +2449.6% |
| Financial charges | 65/66B | €5,360 | €4,693 | -€667 | -12.4% |
| Recurring financial charges | 65 | €5,360 | €4,693 | -€667 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €36,447 | €21,025 | -€15,422 | -42.3% |
| Income taxes | 67/77 | €8,324 | €6,519 | -€1,805 | -21.7% |
| Profit (loss) for the period | 9904 | €28,123 | €14,506 | -€13,617 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,123 | €14,506 | -€13,617 | -48.4% |
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 9 October 2026 via checked.be.