K2 PARTNER: 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.
K2 PARTNER
Largest movements
- Cash -€16,921
no longer reported in 2026 (was €16,921)
mainly Tax, wage and social debts (-€16,072) and Net result for the year (-€14,830)
- Tangible fixed assets -€6,423
down €6,423 (-29.1%), from €22,069 to €15,646
- Intangible fixed assets -€2,967
no longer reported in 2026 (was €2,967)
- Receivables within one year -€2,514
down €2,514 (-3.3%), from €77,291 to €74,776
of which Trade receivables: -€8,288
- Tax, wage and social debts -€16,072
no longer reported in 2026 (was €16,072)
- Profit (loss) carried forward -€14,830
down €14,830 (-16.4%), from €90,698 to €75,869
- Trade debts +€1,730
up €1,730 (+42.7%), from €4,049 to €5,779
- Financial income -€30,000
no longer reported in 2026 (was €30,000)
of which Non-recurring financial income: -€30,000
- Taxes -€2,420
down €2,420 (-95.8%), from €2,527 to €107
- Gross operating margin +€2,124
up €2,124 (+30.9%), from -€6,883 to -€4,760
- Financial charges +€1,872
up €1,872 (+132.4%), from €1,414 to €3,285
of which Non-recurring financial charges: +€1,729
- Depreciation -€1,478
down €1,478 (-18.7%), from €7,901 to €6,423
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,247 | €90,422 | -€28,825 | -24.2% |
| Fixed assets | 21/28 | €25,036 | €15,646 | -€9,390 | -37.5% |
| Intangible fixed assets | 21 | €2,967 | - | -€2,967 | |
| Tangible fixed assets | 22/27 | €22,069 | €15,646 | -€6,423 | -29.1% |
| Furniture and vehicles | 24 | €22,069 | €15,646 | -€6,423 | -29.1% |
| Current assets | 29/58 | €94,212 | €74,776 | -€19,435 | -20.6% |
| Amounts receivable within one year | 40/41 | €77,291 | €74,776 | -€2,514 | -3.3% |
| Trade receivables | 40 | €8,288 | - | -€8,288 | |
| Other amounts receivable | 41 | €69,003 | €74,776 | +€5,773 | +8.4% |
| Cash at bank and in hand | 54/58 | €16,921 | - | -€16,921 | |
| Total equity and liabilities | 10/49 | €119,247 | €90,422 | -€28,825 | -24.2% |
| Equity | 10/15 | €98,758 | €83,929 | -€14,830 | -15.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,698 | €75,869 | -€14,830 | -16.4% |
| Amounts payable | 17/49 | €20,489 | €6,494 | -€13,995 | -68.3% |
| Amounts payable within one year | 42/48 | €20,489 | €6,494 | -€13,995 | -68.3% |
| Current portion of amounts payable after more than one year | 42 | €368 | - | -€368 | |
| Financial debts | 43 | - | €635 | +€635 | |
| Credit institutions | 430/8 | - | €635 | +€635 | |
| Trade debts | 44 | €4,049 | €5,779 | +€1,730 | +42.7% |
| Suppliers | 440/4 | €4,049 | €5,779 | +€1,730 | +42.7% |
| Taxes, remuneration and social security | 45 | €16,072 | - | -€16,072 | |
| Taxes | 450/3 | €16,072 | - | -€16,072 | |
| Other amounts payable | 47/48 | - | €80 | +€80 | |
| Non-recurring operating income | 76A | €12,599 | - | -€12,599 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,901 | €6,423 | -€1,478 | -18.7% |
| Other operating charges | 640/8 | €709 | €194 | -€515 | -72.7% |
| Non-recurring operating charges | 66A | €3,973 | €61 | -€3,912 | -98.5% |
| Gross operating margin | 9900 | -€6,883 | -€4,760 | +€2,124 | +30.9% |
| Operating profit (loss) | 9901 | -€19,465 | -€11,437 | +€8,028 | +41.2% |
| Financial income | 75/76B | €30,000 | - | -€30,000 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €30,000 | - | -€30,000 | |
| Financial charges | 65/66B | €1,414 | €3,285 | +€1,872 | +132.4% |
| Recurring financial charges | 65 | €176 | €319 | +€143 | +81.1% |
| Non-recurring financial charges | 66B | €1,238 | €2,967 | +€1,729 | +139.7% |
| Profit (loss) for the period before taxes | 9903 | €9,121 | -€14,723 | -€23,844 | |
| Income taxes | 67/77 | €2,527 | €107 | -€2,420 | -95.8% |
| Profit (loss) for the period | 9904 | €6,594 | -€14,830 | -€21,424 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,594 | -€14,830 | -€21,424 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.