K-LINE: 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-LINE
Largest movements
- Cash -€2,169
down €2,169 (-17.3%), from €12,543 to €10,373
mainly Net result for the year (-€2,173) and Deferred charges and accrued income (-€900)
- Deferred charges and accrued income +€900
new in 2025: €900
- Profit (loss) carried forward -€2,173
down €2,173 (-0.2%), from -€996,044 to -€998,217
- Trade debts +€900
up €900 (+100.0%), from €900 to €1,800
- Depreciation -€30,470
no longer reported in 2025 (was €30,470)
- Gross operating margin +€1,340
up €1,340 (+43.5%), from -€3,082 to -€1,742
- Other operating charges -€335
down €335 (-46.4%), from €722 to €387
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 | €13,213 | €11,940 | -€1,273 | -9.6% |
| Fixed assets | 21/28 | €125 | €125 | = | 0.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €13,088 | €11,815 | -€1,273 | -9.7% |
| Amounts receivable within one year | 40/41 | €545 | €542 | -€3 | -0.6% |
| Other amounts receivable | 41 | €545 | €542 | -€3 | -0.6% |
| Cash at bank and in hand | 54/58 | €12,543 | €10,373 | -€2,169 | -17.3% |
| Deferred charges and accrued income | 490/1 | - | €900 | +€900 | |
| Total equity and liabilities | 10/49 | €13,213 | €11,940 | -€1,273 | -9.6% |
| Equity | 10/15 | -€568,286 | -€570,458 | -€2,173 | -0.4% |
| Contributions | 10/11 | €422,000 | €422,000 | = | 0.0% |
| Capital | 10 | €422,000 | €422,000 | = | 0.0% |
| Issued capital | 100 | €422,000 | €422,000 | = | 0.0% |
| Reserves | 13 | €5,758 | €5,758 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,758 | €5,758 | = | 0.0% |
| Legal reserve | 130 | €5,758 | €5,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€996,044 | -€998,217 | -€2,173 | -0.2% |
| Amounts payable | 17/49 | €581,498 | €582,398 | +€900 | +0.2% |
| Amounts payable within one year | 42/48 | €581,498 | €582,398 | +€900 | +0.2% |
| Trade debts | 44 | €900 | €1,800 | +€900 | +100.0% |
| Suppliers | 440/4 | €900 | €1,800 | +€900 | +100.0% |
| Other amounts payable | 47/48 | €580,598 | €580,598 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,470 | - | -€30,470 | |
| Other operating charges | 640/8 | €722 | €387 | -€335 | -46.4% |
| Gross operating margin | 9900 | -€3,082 | -€1,742 | +€1,340 | +43.5% |
| Operating profit (loss) | 9901 | -€34,275 | -€2,129 | +€32,146 | +93.8% |
| Financial charges | 65/66B | €46 | €44 | -€3 | -5.4% |
| Recurring financial charges | 65 | €46 | €44 | -€3 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€34,321 | -€2,173 | +€32,148 | +93.7% |
| Profit (loss) for the period | 9904 | -€34,321 | -€2,173 | +€32,148 | +93.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,321 | -€2,173 | +€32,148 | +93.7% |
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 9 October 2026 via checked.be.