K. Van lent: 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. Van lent
Largest movements
- Cash -€37,125
down €37,125 (-40.2%), from €92,427 to €55,302
mainly Trade debts (-€17,619) and Tax, wage and social debts (-€16,390)
- Receivables within one year +€3,219
up €3,219 (+6.7%), from €47,880 to €51,099
of which Trade receivables: +€6,993
- Trade debts -€17,619
down €17,619 (-84.2%), from €20,923 to €3,304
- Tax, wage and social debts -€16,390
down €16,390 (-37.4%), from €43,793 to €27,403
of which Taxes: -€16,390
- Reserves +€5,379
up €5,379 (+10.4%), from €51,630 to €57,009
- Other debts -€5,189
down €5,189 (-23.6%), from €21,994 to €16,805
- Gross operating margin -€43,115
down €43,115 (-75.9%), from €56,828 to €13,713
- Taxes -€11,950
down €11,950 (-72.7%), from €16,430 to €4,480
- Other operating charges +€905
up €905 (+67.9%), from €1,334 to €2,239
- Financial charges +€805
up €805 (+188%), from €429 to €1,234
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 | €142,417 | €108,521 | -€33,896 | -23.8% |
| Fixed assets | 21/28 | €2,110 | €1,651 | -€459 | -21.8% |
| Tangible fixed assets | 22/27 | €2,110 | €1,651 | -€459 | -21.8% |
| Plant, machinery and equipment | 23 | €2,110 | €1,651 | -€459 | -21.8% |
| Current assets | 29/58 | €140,307 | €106,870 | -€33,437 | -23.8% |
| Amounts receivable within one year | 40/41 | €47,880 | €51,099 | +€3,219 | +6.7% |
| Trade receivables | 40 | €43,586 | €50,579 | +€6,993 | +16.0% |
| Other amounts receivable | 41 | €4,294 | €520 | -€3,774 | -87.9% |
| Cash at bank and in hand | 54/58 | €92,427 | €55,302 | -€37,125 | -40.2% |
| Deferred charges and accrued income | 490/1 | - | €470 | +€470 | |
| Total equity and liabilities | 10/49 | €142,417 | €108,521 | -€33,896 | -23.8% |
| Equity | 10/15 | €55,708 | €61,009 | +€5,301 | +9.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €51,630 | €57,009 | +€5,379 | +10.4% |
| Distributable reserves | 133 | €51,630 | €57,009 | +€5,379 | +10.4% |
| Profit (loss) carried forward | 14 | €78 | - | -€78 | |
| Amounts payable | 17/49 | €86,710 | €47,512 | -€39,197 | -45.2% |
| Amounts payable within one year | 42/48 | €86,710 | €47,512 | -€39,197 | -45.2% |
| Trade debts | 44 | €20,923 | €3,304 | -€17,619 | -84.2% |
| Suppliers | 440/4 | €20,923 | €3,304 | -€17,619 | -84.2% |
| Taxes, remuneration and social security | 45 | €43,793 | €27,403 | -€16,390 | -37.4% |
| Taxes | 450/3 | €41,593 | €25,203 | -€16,390 | -39.4% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €21,994 | €16,805 | -€5,189 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185 | €459 | +€274 | +148% |
| Other operating charges | 640/8 | €1,334 | €2,239 | +€905 | +67.9% |
| Gross operating margin | 9900 | €56,828 | €13,713 | -€43,115 | -75.9% |
| Operating profit (loss) | 9901 | €55,310 | €11,016 | -€44,294 | -80.1% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €429 | €1,234 | +€805 | +188% |
| Recurring financial charges | 65 | €429 | €1,234 | +€805 | +188% |
| Profit (loss) for the period before taxes | 9903 | €54,894 | €9,782 | -€45,112 | -82.2% |
| Income taxes | 67/77 | €16,430 | €4,480 | -€11,950 | -72.7% |
| Profit (loss) for the period | 9904 | €38,464 | €5,301 | -€33,162 | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,464 | €5,301 | -€33,162 | -86.2% |
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 19 October 2026 via checked.be.