K-PRO: 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-PRO
Largest movements
- Tangible fixed assets -€21,360
down €21,360 (-24.9%), from €85,950 to €64,590
of which Furniture and vehicles: -€19,941
- Cash -€3,084
down €3,084 (-3.7%), from €83,145 to €80,061
mainly Contributions, distributions and other (-€29,953) and Trade debts (-€11,699)
- Other debts +€15,277
up €15,277 (+59.9%), from €25,493 to €40,769
- Reserves -€12,981
down €12,981 (-13.3%), from €97,250 to €84,270
of which Distributable reserves: -€12,981
- Trade debts -€11,699
down €11,699 (-34.4%), from €34,049 to €22,350
- Debts after one year -€8,807
down €8,807 (-27.2%), from €32,436 to €23,629
- Tax, wage and social debts -€7,698
down €7,698 (-50.4%), from €15,288 to €7,590
- Gross operating margin -€17,142
down €17,142 (-23.1%), from €74,208 to €57,066
- Depreciation +€6,001
up €6,001 (+39.1%), from €15,359 to €21,360
- Financial income +€2,572
up €2,572 (+510.7%), from €504 to €3,075
- Financial charges -€1,845
down €1,845 (-29.0%), from €6,358 to €4,513
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 | €225,113 | €199,530 | -€25,583 | -11.4% |
| Fixed assets | 21/28 | €85,950 | €64,590 | -€21,360 | -24.9% |
| Tangible fixed assets | 22/27 | €85,950 | €64,590 | -€21,360 | -24.9% |
| Plant, machinery and equipment | 23 | €5,229 | €3,810 | -€1,419 | -27.1% |
| Furniture and vehicles | 24 | €80,722 | €60,781 | -€19,941 | -24.7% |
| Current assets | 29/58 | €139,163 | €134,940 | -€4,223 | -3.0% |
| Stocks and contracts in progress | 3 | €9,829 | €8,272 | -€1,557 | -15.8% |
| Stocks | 30/36 | €9,829 | €8,272 | -€1,557 | -15.8% |
| Amounts receivable within one year | 40/41 | €42,344 | €43,859 | +€1,515 | +3.6% |
| Trade receivables | 40 | €41,959 | €43,473 | +€1,514 | +3.6% |
| Other amounts receivable | 41 | €386 | €386 | +€1 | +0.2% |
| Cash at bank and in hand | 54/58 | €83,145 | €80,061 | -€3,084 | -3.7% |
| Deferred charges and accrued income | 490/1 | €3,845 | €2,748 | -€1,097 | -28.5% |
| Total equity and liabilities | 10/49 | €225,113 | €199,530 | -€25,583 | -11.4% |
| Equity | 10/15 | €105,150 | €92,169 | -€12,981 | -12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,250 | €84,270 | -€12,981 | -13.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €95,390 | €82,410 | -€12,981 | -13.6% |
| Profit (loss) carried forward | 14 | €1,700 | €1,700 | = | 0.0% |
| Amounts payable | 17/49 | €119,963 | €107,361 | -€12,602 | -10.5% |
| Amounts payable after more than one year | 17 | €32,436 | €23,629 | -€8,807 | -27.2% |
| Financial debts | 170/4 | €32,436 | €23,629 | -€8,807 | -27.2% |
| Amounts payable within one year | 42/48 | €87,527 | €83,732 | -€3,796 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €8,460 | €8,807 | +€347 | +4.1% |
| Financial debts | 43 | €4,238 | €4,216 | -€22 | -0.5% |
| Credit institutions | 430/8 | - | €4,216 | +€4,216 | |
| Other loans | 439 | €4,238 | - | -€4,238 | |
| Trade debts | 44 | €34,049 | €22,350 | -€11,699 | -34.4% |
| Suppliers | 440/4 | €34,049 | €22,350 | -€11,699 | -34.4% |
| Taxes, remuneration and social security | 45 | €15,288 | €7,590 | -€7,698 | -50.4% |
| Taxes | 450/3 | €15,288 | €7,590 | -€7,698 | -50.4% |
| Other amounts payable | 47/48 | €25,493 | €40,769 | +€15,277 | +59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,359 | €21,360 | +€6,001 | +39.1% |
| Other operating charges | 640/8 | €4,690 | €3,984 | -€706 | -15.1% |
| Gross operating margin | 9900 | €74,208 | €57,066 | -€17,142 | -23.1% |
| Operating profit (loss) | 9901 | €54,158 | €31,721 | -€22,437 | -41.4% |
| Financial income | 75/76B | €504 | €3,075 | +€2,572 | +510.7% |
| Recurring financial income | 75 | €504 | €3,075 | +€2,572 | +510.7% |
| Financial charges | 65/66B | €6,358 | €4,513 | -€1,845 | -29.0% |
| Recurring financial charges | 65 | €6,358 | €4,513 | -€1,845 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €48,304 | €30,283 | -€18,021 | -37.3% |
| Income taxes | 67/77 | €13,987 | €13,311 | -€676 | -4.8% |
| Profit (loss) for the period | 9904 | €34,316 | €16,972 | -€17,345 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,316 | €16,972 | -€17,345 | -50.5% |
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 29 September 2026 via checked.be.