K+K MANAGEMENT: 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+K MANAGEMENT
Largest movements
- Cash -€25,662
down €25,662 (-83.7%), from €30,671 to €5,010
mainly Debts after one year (-€20,838) and Other debts (-€16,608)
- Tangible fixed assets -€12,669
down €12,669 (-2.1%), from €593,792 to €581,122
of which Land and buildings: -€15,403
- Debts after one year -€20,838
down €20,838 (-3.3%), from €629,769 to €608,930
of which Financial debts: -€21,838
- Other debts -€16,608
down €16,608 (-64.4%), from €25,782 to €9,175
- Other operating charges -€72,565
down €72,565 (-98.1%), from €74,007 to €1,442
- Financial charges +€14,804
up €14,804 (+231%), from €6,403 to €21,207
- Gross operating margin +€12,855
up €12,855 (+47.8%), from €26,881 to €39,736
- Depreciation +€11,680
up €11,680 (+278%), from €4,208 to €15,888
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 | €624,463 | €586,531 | -€37,932 | -6.1% |
| Fixed assets | 21/28 | €593,792 | €581,122 | -€12,669 | -2.1% |
| Tangible fixed assets | 22/27 | €593,792 | €581,122 | -€12,669 | -2.1% |
| Land and buildings | 22 | €593,792 | €578,388 | -€15,403 | -2.6% |
| Furniture and vehicles | 24 | - | €2,734 | +€2,734 | |
| Current assets | 29/58 | €30,671 | €5,408 | -€25,263 | -82.4% |
| Cash at bank and in hand | 54/58 | €30,671 | €5,010 | -€25,662 | -83.7% |
| Deferred charges and accrued income | 490/1 | - | €399 | +€399 | |
| Total equity and liabilities | 10/49 | €624,463 | €586,531 | -€37,932 | -6.1% |
| Equity | 10/15 | -€55,737 | -€54,539 | +€1,198 | +2.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,737 | -€56,539 | +€1,198 | +2.1% |
| Amounts payable | 17/49 | €680,200 | €641,070 | -€39,130 | -5.8% |
| Amounts payable after more than one year | 17 | €629,769 | €608,930 | -€20,838 | -3.3% |
| Financial debts | 170/4 | €573,769 | €551,930 | -€21,838 | -3.8% |
| Other amounts payable | 178/9 | €56,000 | €57,000 | +€1,000 | +1.8% |
| Amounts payable within one year | 42/48 | €50,432 | €32,140 | -€18,292 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €21,067 | €21,838 | +€771 | +3.7% |
| Trade debts | 44 | €4 | €243 | +€239 | +5,976% |
| Suppliers | 440/4 | €4 | €243 | +€239 | +5,976% |
| Taxes, remuneration and social security | 45 | €3,578 | €884 | -€2,694 | -75.3% |
| Taxes | 450/3 | €3,578 | €884 | -€2,694 | -75.3% |
| Other amounts payable | 47/48 | €25,782 | €9,175 | -€16,608 | -64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,208 | €15,888 | +€11,680 | +278% |
| Other operating charges | 640/8 | €74,007 | €1,442 | -€72,565 | -98.1% |
| Gross operating margin | 9900 | €26,881 | €39,736 | +€12,855 | +47.8% |
| Operating profit (loss) | 9901 | -€51,334 | €22,405 | +€73,740 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,403 | €21,207 | +€14,804 | +231% |
| Recurring financial charges | 65 | €6,403 | €21,207 | +€14,804 | +231% |
| Profit (loss) for the period before taxes | 9903 | -€57,737 | €1,198 | +€58,936 | |
| Profit (loss) for the period | 9904 | -€57,737 | €1,198 | +€58,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,737 | €1,198 | +€58,936 |
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 16 October 2026 via checked.be.