K1ng: 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.
K1ng
Largest movements
- Cash -€6,701
down €6,701 (-36.8%), from €18,225 to €11,524
mainly Investment in fixed assets (net) (-€10,750) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets +€4,282
up €4,282 (+31.4%), from €13,645 to €17,927
of which Plant, machinery and equipment: +€7,049
- Receivables within one year +€3,011
up €3,011 (+697%), from €432 to €3,443
of which Other amounts receivable: +€2,851
- Other debts +€8,328
up €8,328 (+218%), from €3,822 to €12,150
- Reserves -€6,753
down €6,753 (-65.5%), from €10,305 to €3,552
- Tax, wage and social debts -€1,170
down €1,170 (-34.9%), from €3,357 to €2,187
- Gross operating margin -€10,885
down €10,885 (-51.5%), from €21,122 to €10,237
- Taxes -€3,463
down €3,463, from €3,357 to -€106
- Depreciation +€585
up €585 (+9.9%), from €5,883 to €6,468
- Other operating charges -€279
down €279 (-35.7%), from €782 to €503
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 | €32,483 | €33,080 | +€597 | +1.8% |
| Fixed assets | 21/28 | €13,645 | €17,927 | +€4,282 | +31.4% |
| Tangible fixed assets | 22/27 | €13,645 | €17,927 | +€4,282 | +31.4% |
| Plant, machinery and equipment | 23 | €9,514 | €16,562 | +€7,049 | +74.1% |
| Furniture and vehicles | 24 | €4,131 | €1,364 | -€2,767 | -67.0% |
| Current assets | 29/58 | €18,838 | €15,153 | -€3,685 | -19.6% |
| Amounts receivable within one year | 40/41 | €432 | €3,443 | +€3,011 | +697% |
| Trade receivables | 40 | - | €160 | +€160 | |
| Other amounts receivable | 41 | €432 | €3,283 | +€2,851 | +660% |
| Cash at bank and in hand | 54/58 | €18,225 | €11,524 | -€6,701 | -36.8% |
| Deferred charges and accrued income | 490/1 | €181 | €186 | +€5 | +2.9% |
| Total equity and liabilities | 10/49 | €32,483 | €33,080 | +€597 | +1.8% |
| Equity | 10/15 | €25,305 | €18,552 | -€6,753 | -26.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €10,305 | €3,552 | -€6,753 | -65.5% |
| Distributable reserves | 133 | €10,305 | €3,552 | -€6,753 | -65.5% |
| Amounts payable | 17/49 | €7,179 | €14,529 | +€7,350 | +102% |
| Amounts payable within one year | 42/48 | €7,179 | €14,529 | +€7,350 | +102% |
| Trade debts | 44 | - | €192 | +€192 | |
| Suppliers | 440/4 | - | €192 | +€192 | |
| Taxes, remuneration and social security | 45 | €3,357 | €2,187 | -€1,170 | -34.9% |
| Taxes | 450/3 | €3,357 | €2,187 | -€1,170 | -34.9% |
| Other amounts payable | 47/48 | €3,822 | €12,150 | +€8,328 | +218% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,883 | €6,468 | +€585 | +9.9% |
| Other operating charges | 640/8 | €782 | €503 | -€279 | -35.7% |
| Gross operating margin | 9900 | €21,122 | €10,237 | -€10,885 | -51.5% |
| Operating profit (loss) | 9901 | €14,458 | €3,266 | -€11,191 | -77.4% |
| Financial charges | 65/66B | €124 | €126 | +€1 | +1.1% |
| Recurring financial charges | 65 | €124 | €126 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €14,333 | €3,141 | -€11,193 | -78.1% |
| Income taxes | 67/77 | €3,357 | -€106 | -€3,463 | |
| Profit (loss) for the period | 9904 | €10,976 | €3,247 | -€7,729 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,976 | €3,247 | -€7,729 | -70.4% |
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 15 October 2026 via checked.be.