K-realli: 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-realli
Largest movements
- Receivables within one year +€8,994
up €8,994 (+5.9%), from €152,940 to €161,934
of which Other amounts receivable: +€10,667
- Reserves +€10,915
up €10,915 (+165%), from €6,623 to €17,538
- Tax, wage and social debts +€4,132
up €4,132 (+396%), from €1,044 to €5,176
- Gross operating margin +€7,960
up €7,960 (+77.1%), from €10,328 to €18,288
- Taxes +€3,176
up €3,176 (+125%), from €2,544 to €5,720
- Financial charges -€1,187
down €1,187 (-20.7%), from €5,722 to €4,535
- Other operating charges +€537
up €537 (+95.6%), from €562 to €1,099
- Financial income +€518
up €518 (+12.9%), from €4,007 to €4,525
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.
Derived cash bridge
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 | €155,668 | €167,897 | +€12,229 | +7.9% |
| Fixed assets | 21/28 | €2,689 | €4,174 | +€1,486 | +55.3% |
| Tangible fixed assets | 22/27 | €724 | €2,209 | +€1,486 | +205% |
| Furniture and vehicles | 24 | €724 | €2,209 | +€1,486 | +205% |
| Financial fixed assets | 28 | €1,965 | €1,965 | = | 0.0% |
| Current assets | 29/58 | €152,980 | €163,723 | +€10,743 | +7.0% |
| Amounts receivable within one year | 40/41 | €152,940 | €161,934 | +€8,994 | +5.9% |
| Trade receivables | 40 | €4,819 | €3,146 | -€1,673 | -34.7% |
| Other amounts receivable | 41 | €148,121 | €158,788 | +€10,667 | +7.2% |
| Cash at bank and in hand | 54/58 | - | €1,500 | +€1,500 | |
| Deferred charges and accrued income | 490/1 | €40 | €289 | +€249 | +628% |
| Total equity and liabilities | 10/49 | €155,668 | €167,897 | +€12,229 | +7.9% |
| Equity | 10/15 | €143,400 | €154,315 | +€10,915 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,623 | €17,538 | +€10,915 | +165% |
| Distributable reserves | 133 | €6,623 | €17,538 | +€10,915 | +165% |
| Profit (loss) carried forward | 14 | €130,577 | €130,577 | = | 0.0% |
| Amounts payable | 17/49 | €12,268 | €13,582 | +€1,314 | +10.7% |
| Amounts payable within one year | 42/48 | €12,070 | €13,582 | +€1,512 | +12.5% |
| Financial debts | 43 | €7,551 | €6,561 | -€989 | -13.1% |
| Credit institutions | 430/8 | €7,551 | €6,561 | -€989 | -13.1% |
| Trade debts | 44 | €3,475 | €1,844 | -€1,630 | -46.9% |
| Suppliers | 440/4 | €3,475 | €1,844 | -€1,630 | -46.9% |
| Taxes, remuneration and social security | 45 | €1,044 | €5,176 | +€4,132 | +396% |
| Taxes | 450/3 | €1,044 | €5,176 | +€4,132 | +396% |
| Accrued charges and deferred income | 492/3 | €198 | - | -€198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €744 | €544 | -€200 | -26.9% |
| Other operating charges | 640/8 | €562 | €1,099 | +€537 | +95.6% |
| Gross operating margin | 9900 | €10,328 | €18,288 | +€7,960 | +77.1% |
| Operating profit (loss) | 9901 | €9,022 | €16,645 | +€7,623 | +84.5% |
| Financial income | 75/76B | €4,007 | €4,525 | +€518 | +12.9% |
| Recurring financial income | 75 | €4,007 | €4,525 | +€518 | +12.9% |
| Financial charges | 65/66B | €5,722 | €4,535 | -€1,187 | -20.7% |
| Recurring financial charges | 65 | €5,722 | €4,535 | -€1,187 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €7,307 | €16,635 | +€9,328 | +128% |
| Income taxes | 67/77 | €2,544 | €5,720 | +€3,176 | +125% |
| Profit (loss) for the period | 9904 | €4,763 | €10,915 | +€6,152 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €4,763 | €10,915 | +€6,152 | +129% |
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 21 October 2026 via checked.be.