K+ Projects: 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+ Projects
Largest movements
- Cash +€75
up €75 (+7958.5%), from €1 to €76
mainly Trade debts (+€683) and Other debts (+€493)
- Receivables within one year -€67
down €67 (-100.0%), from €67 to €0
of which Other amounts receivable: -€67
- Profit (loss) carried forward -€1,160
down €1,160 (-7.1%), from -€16,380 to -€17,540
- Trade debts +€683
up €683 (+278.5%), from €245 to €929
- Other debts +€493
up €493 (+13.0%), from €3,795 to €4,287
- Tax, wage and social debts -€8
down €8 (-100.0%), from €8 to €0
- Other operating charges -€5,017
down €5,017 (-91.5%), from €5,483 to €465
- Gross operating margin +€1,914
up €1,914 (+77.3%), from -€2,475 to -€561
- Financial charges -€139
down €139 (-50.9%), from €273 to €134
- Depreciation -€83
down €83 (-100.0%), from €83 to €0
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 | €67 | €76 | +€8 | +12.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €67 | €76 | +€8 | +12.3% |
| Amounts receivable within one year | 40/41 | €67 | €0 | -€67 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €67 | €0 | -€67 | -100.0% |
| Cash at bank and in hand | 54/58 | €1 | €76 | +€75 | +7958.5% |
| Total equity and liabilities | 10/49 | €67 | €76 | +€8 | +12.3% |
| Equity | 10/15 | -€3,980 | -€5,140 | -€1,160 | -29.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,380 | -€17,540 | -€1,160 | -7.1% |
| Amounts payable | 17/49 | €4,047 | €5,216 | +€1,169 | +28.9% |
| Amounts payable within one year | 42/48 | €4,047 | €5,216 | +€1,169 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €245 | €929 | +€683 | +278.5% |
| Suppliers | 440/4 | €245 | €929 | +€683 | +278.5% |
| Taxes, remuneration and social security | 45 | €8 | €0 | -€8 | -100.0% |
| Taxes | 450/3 | €8 | €0 | -€8 | -100.0% |
| Other amounts payable | 47/48 | €3,795 | €4,287 | +€493 | +13.0% |
| Non-recurring operating income | 76A | €1,832 | €0 | -€1,832 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | €0 | -€83 | -100.0% |
| Other operating charges | 640/8 | €5,483 | €465 | -€5,017 | -91.5% |
| Gross operating margin | 9900 | -€2,475 | -€561 | +€1,914 | +77.3% |
| Operating profit (loss) | 9901 | -€8,041 | -€1,026 | +€7,015 | +87.2% |
| Financial charges | 65/66B | €273 | €134 | -€139 | -50.9% |
| Recurring financial charges | 65 | €273 | €134 | -€139 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,314 | -€1,160 | +€7,154 | +86.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€8,314 | -€1,160 | +€7,154 | +86.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,314 | -€1,160 | +€7,154 | +86.0% |
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 12 October 2026 via checked.be.