K-PLAN: 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-PLAN
Largest movements
- Receivables within one year +€84,488
up €84,488 (+1125.8%), from €7,504 to €91,993
of which Trade receivables: +€69,291
- Current investments +€48,842
up €48,842 (+31.1%), from €157,111 to €205,953
- Tangible fixed assets -€18,710
down €18,710 (-29.2%), from €64,015 to €45,305
of which Furniture and vehicles: -€17,319
- Cash -€11,043
down €11,043 (-13.8%), from €80,303 to €69,259
mainly Receivables within one year (-€84,488) and Current investments (-€48,842)
- Reserves +€75,694
up €75,694 (+21.8%), from €347,686 to €423,380
of which Distributable reserves: +€75,694
- Tax, wage and social debts +€32,802
up €32,802 (+324774.3%), from €10 to €32,812
- Other debts -€6,435
down €6,435 (-100.0%), from €6,435 to €0
- Gross operating margin +€67,716
up €67,716 (+109.0%), from €62,102 to €129,818
- Taxes +€23,635
up €23,635 (+182.4%), from €12,958 to €36,593
- Financial income -€5,790
down €5,790 (-71.9%), from €8,050 to €2,259
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 | €386,694 | €489,308 | +€102,613 | +26.5% |
| Fixed assets | 21/28 | €139,931 | €121,221 | -€18,710 | -13.4% |
| Tangible fixed assets | 22/27 | €64,015 | €45,305 | -€18,710 | -29.2% |
| Plant, machinery and equipment | 23 | €3,163 | €1,771 | -€1,392 | -44.0% |
| Furniture and vehicles | 24 | €60,853 | €43,534 | -€17,319 | -28.5% |
| Financial fixed assets | 28 | €75,916 | €75,916 | = | 0.0% |
| Current assets | 29/58 | €246,763 | €368,087 | +€121,324 | +49.2% |
| Amounts receivable within one year | 40/41 | €7,504 | €91,993 | +€84,488 | +1125.8% |
| Trade receivables | 40 | - | €69,291 | +€69,291 | |
| Other amounts receivable | 41 | €7,504 | €22,701 | +€15,197 | +202.5% |
| Current investments | 50/53 | €157,111 | €205,953 | +€48,842 | +31.1% |
| Cash at bank and in hand | 54/58 | €80,303 | €69,259 | -€11,043 | -13.8% |
| Deferred charges and accrued income | 490/1 | €1,845 | €882 | -€963 | -52.2% |
| Total equity and liabilities | 10/49 | €386,694 | €489,308 | +€102,613 | +26.5% |
| Equity | 10/15 | €377,686 | €453,380 | +€75,694 | +20.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €347,686 | €423,380 | +€75,694 | +21.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €347,686 | €423,380 | +€75,694 | +21.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,008 | €35,927 | +€26,919 | +298.8% |
| Amounts payable within one year | 42/48 | €9,008 | €35,927 | +€26,919 | +298.8% |
| Trade debts | 44 | €2,563 | €3,115 | +€552 | +21.6% |
| Suppliers | 440/4 | €2,563 | €3,115 | +€552 | +21.6% |
| Taxes, remuneration and social security | 45 | €10 | €32,812 | +€32,802 | +324774.3% |
| Taxes | 450/3 | €10 | €32,812 | +€32,802 | +324774.3% |
| Other amounts payable | 47/48 | €6,435 | €0 | -€6,435 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,511 | €18,710 | +€200 | +1.1% |
| Other operating charges | 640/8 | €940 | €955 | +€16 | +1.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €62,102 | €129,818 | +€67,716 | +109.0% |
| Operating profit (loss) | 9901 | €42,652 | €110,153 | +€67,501 | +158.3% |
| Financial income | 75/76B | €8,050 | €2,259 | -€5,790 | -71.9% |
| Recurring financial income | 75 | €8,050 | €2,259 | -€5,790 | -71.9% |
| Financial charges | 65/66B | €55 | €125 | +€70 | +128.6% |
| Recurring financial charges | 65 | €55 | €125 | +€70 | +128.6% |
| Profit (loss) for the period before taxes | 9903 | €50,646 | €112,287 | +€61,641 | +121.7% |
| Income taxes | 67/77 | €12,958 | €36,593 | +€23,635 | +182.4% |
| Profit (loss) for the period | 9904 | €37,688 | €75,694 | +€38,005 | +100.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,688 | €75,694 | +€38,005 | +100.8% |
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 7 October 2026 via checked.be.