K Home Concept: 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 Home Concept
Largest movements
- Receivables within one year -€110,128
down €110,128 (-24.8%), from €444,886 to €334,758
of which Trade receivables: -€106,656
- Stocks and contracts -€38,677
down €38,677 (-100%), from €38,677 to €0
- Cash -€8,757
down €8,757 (-79.5%), from €11,016 to €2,259
mainly Trade debts (-€157,654) and Net result for the year (-€72,147)
- Trade debts -€157,654
down €157,654 (-84.3%), from €187,080 to €29,426
- Profit (loss) carried forward -€72,147
down €72,147 (-28.6%), from -€252,089 to -€324,236
- Other debts +€61,665
up €61,665 (+19.8%), from €311,278 to €372,944
- Tax, wage and social debts +€32,772
up €32,772 (+20.4%), from €160,296 to €193,068
- Current portion of long-term debt -€14,456
down €14,456 (-35.7%), from €40,457 to €26,001
- Gross operating margin -€61,430
down €61,430, from €5,896 to -€55,533
- Financial income -€29,578
down €29,578 (-67.7%), from €43,695 to €14,117
- Write-downs -€16,181
down €16,181 (-100%), from €16,181 to €0
- Financial charges -€15,765
down €15,765 (-44.6%), from €35,339 to €19,574
- Other operating charges -€8,893
down €8,893 (-59.8%), from €14,882 to €5,990
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 | €791,127 | €628,398 | -€162,729 | -20.6% |
| Fixed assets | 21/28 | €296,548 | €291,380 | -€5,168 | -1.7% |
| Tangible fixed assets | 22/27 | €296,548 | €291,380 | -€5,168 | -1.7% |
| Land and buildings | 22 | €296,548 | €291,380 | -€5,168 | -1.7% |
| Current assets | 29/58 | €494,579 | €337,017 | -€157,562 | -31.9% |
| Stocks and contracts in progress | 3 | €38,677 | €0 | -€38,677 | -100% |
| Stocks | 30/36 | €38,677 | €0 | -€38,677 | -100% |
| Amounts receivable within one year | 40/41 | €444,886 | €334,758 | -€110,128 | -24.8% |
| Trade receivables | 40 | €439,510 | €332,855 | -€106,656 | -24.3% |
| Other amounts receivable | 41 | €5,376 | €1,904 | -€3,472 | -64.6% |
| Cash at bank and in hand | 54/58 | €11,016 | €2,259 | -€8,757 | -79.5% |
| Total equity and liabilities | 10/49 | €791,127 | €628,398 | -€162,729 | -20.6% |
| Equity | 10/15 | -€101,701 | -€173,849 | -€72,147 | -70.9% |
| Contributions | 10/11 | €131,100 | €131,100 | = | 0.0% |
| Reserves | 13 | €19,287 | €19,287 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,287 | €17,287 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,089 | -€324,236 | -€72,147 | -28.6% |
| Amounts payable | 17/49 | €892,829 | €802,246 | -€90,582 | -10.1% |
| Amounts payable after more than one year | 17 | €143,397 | €130,074 | -€13,323 | -9.3% |
| Financial debts | 170/4 | €143,397 | €130,074 | -€13,323 | -9.3% |
| Amounts payable within one year | 42/48 | €749,239 | €671,558 | -€77,681 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €40,457 | €26,001 | -€14,456 | -35.7% |
| Financial debts | 43 | €50,127 | €50,119 | -€8 | 0.0% |
| Credit institutions | 430/8 | €50,127 | €50,119 | -€8 | 0.0% |
| Trade debts | 44 | €187,080 | €29,426 | -€157,654 | -84.3% |
| Suppliers | 440/4 | €187,080 | €29,426 | -€157,654 | -84.3% |
| Taxes, remuneration and social security | 45 | €160,296 | €193,068 | +€32,772 | +20.4% |
| Taxes | 450/3 | €160,296 | €193,068 | +€32,772 | +20.4% |
| Other amounts payable | 47/48 | €311,278 | €372,944 | +€61,665 | +19.8% |
| Accrued charges and deferred income | 492/3 | €193 | €615 | +€422 | +219% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,168 | €5,168 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,181 | €0 | -€16,181 | -100% |
| Other operating charges | 640/8 | €14,882 | €5,990 | -€8,893 | -59.8% |
| Non-recurring operating charges | 66A | €59,865 | €0 | -€59,865 | -100% |
| Gross operating margin | 9900 | €5,896 | -€55,533 | -€61,430 | |
| Operating profit (loss) | 9901 | -€90,200 | -€66,691 | +€23,509 | +26.1% |
| Financial income | 75/76B | €43,695 | €14,117 | -€29,578 | -67.7% |
| Recurring financial income | 75 | €43,695 | €14,117 | -€29,578 | -67.7% |
| Financial charges | 65/66B | €35,339 | €19,574 | -€15,765 | -44.6% |
| Recurring financial charges | 65 | €35,339 | €19,574 | -€15,765 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | -€81,844 | -€72,147 | +€9,696 | +11.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€81,844 | -€72,147 | +€9,696 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,844 | -€72,147 | +€9,696 | +11.8% |
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 20 October 2026 via checked.be.