K.K.O.: 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.O.
Largest movements
- Tangible fixed assets -€7,064
down €7,064 (-73.4%), from €9,620 to €2,556
of which Furniture and vehicles: -€5,145
- Receivables within one year +€891
new in 2025: €891
of which Trade receivables: +€561
- Stocks and contracts +€795
up €795 (+20.2%), from €3,946 to €4,741
- Cash +€444
up €444 (+2.1%), from €21,055 to €21,499
mainly Tax, wage and social debts (+€13,412) and Depreciation (+€7,064)
- Tax, wage and social debts +€13,412
up €13,412 (+4,173%), from €321 to €13,734
of which Remuneration and social security: +€8,142
- Profit (loss) carried forward -€10,521
down €10,521, from €3,861 to -€6,660
- Trade debts -€5,418
down €5,418 (-85.7%), from €6,324 to €906
- Other debts -€1,326
down €1,326 (-17.6%), from €7,557 to €6,230
- Accrued charges and deferred income -€988
down €988 (-81.9%), from €1,206 to €219
- Gross operating margin -€8,169
down €8,169 (-15.7%), from €52,072 to €43,903
- Financial charges -€814
down €814 (-89.0%), from €915 to €101
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 | €34,850 | €30,009 | -€4,841 | -13.9% |
| Fixed assets | 21/28 | €9,620 | €2,556 | -€7,064 | -73.4% |
| Tangible fixed assets | 22/27 | €9,620 | €2,556 | -€7,064 | -73.4% |
| Land and buildings | 22 | €2,178 | €1,092 | -€1,086 | -49.9% |
| Plant, machinery and equipment | 23 | €2,086 | €1,253 | -€833 | -39.9% |
| Furniture and vehicles | 24 | €5,356 | €211 | -€5,145 | -96.1% |
| Current assets | 29/58 | €25,230 | €27,452 | +€2,223 | +8.8% |
| Stocks and contracts in progress | 3 | €3,946 | €4,741 | +€795 | +20.2% |
| Stocks | 30/36 | €3,946 | €4,741 | +€795 | +20.2% |
| Amounts receivable within one year | 40/41 | - | €891 | +€891 | |
| Trade receivables | 40 | - | €561 | +€561 | |
| Other amounts receivable | 41 | - | €330 | +€330 | |
| Cash at bank and in hand | 54/58 | €21,055 | €21,499 | +€444 | +2.1% |
| Deferred charges and accrued income | 490/1 | €229 | €322 | +€92 | +40.3% |
| Total equity and liabilities | 10/49 | €34,850 | €30,009 | -€4,841 | -13.9% |
| Equity | 10/15 | €19,441 | €8,920 | -€10,521 | -54.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,380 | €9,380 | = | 0.0% |
| Distributable reserves | 133 | €9,380 | €9,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,861 | -€6,660 | -€10,521 | |
| Amounts payable | 17/49 | €15,408 | €21,089 | +€5,680 | +36.9% |
| Amounts payable within one year | 42/48 | €14,202 | €20,870 | +€6,668 | +47.0% |
| Trade debts | 44 | €6,324 | €906 | -€5,418 | -85.7% |
| Suppliers | 440/4 | €6,324 | €906 | -€5,418 | -85.7% |
| Taxes, remuneration and social security | 45 | €321 | €13,734 | +€13,412 | +4,173% |
| Taxes | 450/3 | - | €5,271 | +€5,271 | |
| Remuneration and social security | 454/9 | €321 | €8,463 | +€8,142 | +2,533% |
| Other amounts payable | 47/48 | €7,557 | €6,230 | -€1,326 | -17.6% |
| Accrued charges and deferred income | 492/3 | €1,206 | €219 | -€988 | -81.9% |
| Remuneration, social security and pensions | 62 | €46,563 | €46,661 | +€98 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,532 | €7,064 | -€468 | -6.2% |
| Other operating charges | 640/8 | €1,845 | €2,090 | +€245 | +13.3% |
| Gross operating margin | 9900 | €52,072 | €43,903 | -€8,169 | -15.7% |
| Operating profit (loss) | 9901 | -€3,868 | -€11,912 | -€8,043 | -208% |
| Financial income | 75/76B | €1,647 | €1,491 | -€156 | -9.5% |
| Recurring financial income | 75 | €1,647 | €213 | -€1,434 | -87.1% |
| Non-recurring financial income | 76B | €1,647 | €1,279 | -€369 | -22.4% |
| Financial charges | 65/66B | €915 | €101 | -€814 | -89.0% |
| Recurring financial charges | 65 | €915 | €101 | -€814 | -89.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,136 | -€10,521 | -€7,386 | -236% |
| Profit (loss) for the period | 9904 | -€3,136 | -€10,521 | -€7,386 | -236% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,136 | -€10,521 | -€7,386 | -236% |
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.