K&OS: 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&OS
Largest movements
- Cash -€5,028
down €5,028 (-74.8%), from €6,723 to €1,695
mainly Net result for the year (-€3,868) and Receivables within one year (-€3,276)
- Receivables within one year +€3,276
up €3,276 (+55.8%), from €5,868 to €9,145
of which Other amounts receivable: +€2,715
- Deferred charges and accrued income -€794
down €794 (-11.3%), from €7,011 to €6,217
- Tangible fixed assets -€439
down €439 (-41.0%), from €1,071 to €631
- Profit (loss) carried forward -€4,701
down €4,701 (-39.6%), from €11,871 to €7,170
- Tax, wage and social debts +€2,116
up €2,116 (+38.6%), from €5,489 to €7,606
- Other debts -€859
no longer reported in 2025 (was €859)
- Trade debts +€459
up €459 (+23.5%), from €1,953 to €2,412
- Gross operating margin -€19,004
down €19,004, from €15,890 to -€3,114
- Taxes -€3,702
down €3,702 (-96.6%), from €3,834 to €132
- Depreciation +€192
up €192 (+77.6%), from €247 to €439
- Financial income -€178
no longer reported in 2025 (was €178)
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 | €20,673 | €17,688 | -€2,985 | -14.4% |
| Fixed assets | 21/28 | €1,071 | €631 | -€439 | -41.0% |
| Tangible fixed assets | 22/27 | €1,071 | €631 | -€439 | -41.0% |
| Furniture and vehicles | 24 | €1,071 | €631 | -€439 | -41.0% |
| Current assets | 29/58 | €19,602 | €17,056 | -€2,546 | -13.0% |
| Amounts receivable within one year | 40/41 | €5,868 | €9,145 | +€3,276 | +55.8% |
| Trade receivables | 40 | - | €561 | +€561 | |
| Other amounts receivable | 41 | €5,868 | €8,584 | +€2,715 | +46.3% |
| Cash at bank and in hand | 54/58 | €6,723 | €1,695 | -€5,028 | -74.8% |
| Deferred charges and accrued income | 490/1 | €7,011 | €6,217 | -€794 | -11.3% |
| Total equity and liabilities | 10/49 | €20,673 | €17,688 | -€2,985 | -14.4% |
| Equity | 10/15 | €12,371 | €7,670 | -€4,701 | -38.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,871 | €7,170 | -€4,701 | -39.6% |
| Amounts payable | 17/49 | €8,302 | €10,018 | +€1,716 | +20.7% |
| Amounts payable within one year | 42/48 | €8,302 | €10,018 | +€1,716 | +20.7% |
| Trade debts | 44 | €1,953 | €2,412 | +€459 | +23.5% |
| Suppliers | 440/4 | €1,953 | €2,412 | +€459 | +23.5% |
| Taxes, remuneration and social security | 45 | €5,489 | €7,606 | +€2,116 | +38.6% |
| Taxes | 450/3 | €5,489 | €7,606 | +€2,116 | +38.6% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247 | €439 | +€192 | +77.6% |
| Other operating charges | 640/8 | €25 | - | -€25 | |
| Gross operating margin | 9900 | €15,890 | -€3,114 | -€19,004 | |
| Operating profit (loss) | 9901 | €15,617 | -€3,554 | -€19,171 | |
| Financial income | 75/76B | €178 | - | -€178 | |
| Recurring financial income | 75 | €178 | - | -€178 | |
| Financial charges | 65/66B | €208 | €182 | -€25 | -12.2% |
| Recurring financial charges | 65 | €208 | €182 | -€25 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €15,587 | -€3,736 | -€19,324 | |
| Income taxes | 67/77 | €3,834 | €132 | -€3,702 | -96.6% |
| Profit (loss) for the period | 9904 | €11,754 | -€3,868 | -€15,622 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,754 | -€3,868 | -€15,622 |
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 3 October 2026 via checked.be.