K42 ORGANISATION: 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.
K42 ORGANISATION
Largest movements
- Deferred charges and accrued income +€55,919
new in 2025: €55,919
- Cash +€21,629
up €21,629 (+4,984%), from €434 to €22,063
mainly Other debts (+€107,030) and Trade debts (+€78,104)
- Tangible fixed assets +€10,737
new in 2025: €10,737
- Receivables within one year -€6,641
down €6,641 (-98.5%), from €6,740 to €99
of which Trade receivables: -€6,740
- Profit (loss) carried forward -€119,614
down €119,614 (-170%), from -€70,362 to -€189,976
- Other debts +€107,030
up €107,030 (+100%), from €106,500 to €213,530
- Trade debts +€78,104
up €78,104 (+2,618%), from €2,983 to €81,087
- Tax, wage and social debts +€16,560
up €16,560 (+1,573%), from €1,053 to €17,613
of which Taxes: +€16,285
- Purchases and services -€70,074
no longer reported in 2025 (was €70,074)
- Gross operating margin -€23,911
down €23,911 (-38.1%), from -€62,759 to -€86,670
- Other operating charges +€19,810
up €19,810 (+264%), from €7,500 to €27,310
- Turnover -€7,315
no longer reported in 2025 (was €7,315)
- Staff costs +€4,705
new in 2025: €4,705
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 | €55,174 | €137,253 | +€82,079 | +149% |
| Fixed assets | 21/28 | €48,000 | €59,173 | +€11,173 | +23.3% |
| Tangible fixed assets | 22/27 | - | €10,737 | +€10,737 | |
| Furniture and vehicles | 24 | - | €10,737 | +€10,737 | |
| Financial fixed assets | 28 | €48,000 | €48,435 | +€435 | +0.9% |
| Current assets | 29/58 | €7,174 | €78,081 | +€70,907 | +988% |
| Amounts receivable within one year | 40/41 | €6,740 | €99 | -€6,641 | -98.5% |
| Trade receivables | 40 | €6,740 | - | -€6,740 | |
| Other amounts receivable | 41 | - | €99 | +€99 | |
| Cash at bank and in hand | 54/58 | €434 | €22,063 | +€21,629 | +4,984% |
| Deferred charges and accrued income | 490/1 | - | €55,919 | +€55,919 | |
| Total equity and liabilities | 10/49 | €55,174 | €137,253 | +€82,079 | +149% |
| Equity | 10/15 | -€55,362 | -€174,976 | -€119,614 | -216% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,362 | -€189,976 | -€119,614 | -170% |
| Amounts payable | 17/49 | €110,536 | €312,230 | +€201,694 | +182% |
| Amounts payable within one year | 42/48 | €110,536 | €312,230 | +€201,694 | +182% |
| Trade debts | 44 | €2,983 | €81,087 | +€78,104 | +2,618% |
| Suppliers | 440/4 | €2,983 | €81,087 | +€78,104 | +2,618% |
| Taxes, remuneration and social security | 45 | €1,053 | €17,613 | +€16,560 | +1,573% |
| Taxes | 450/3 | €1,053 | €17,338 | +€16,285 | +1,547% |
| Remuneration and social security | 454/9 | - | €275 | +€275 | |
| Other amounts payable | 47/48 | €106,500 | €213,530 | +€107,030 | +100% |
| Turnover | 70 | €7,315 | - | -€7,315 | |
| Goods, raw materials, services and sundry goods | 60/61 | €70,074 | - | -€70,074 | |
| Remuneration, social security and pensions | 62 | - | €4,705 | +€4,705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €793 | +€793 | |
| Other operating charges | 640/8 | €7,500 | €27,310 | +€19,810 | +264% |
| Gross operating margin | 9900 | -€62,759 | -€86,670 | -€23,911 | -38.1% |
| Operating profit (loss) | 9901 | -€70,259 | -€119,478 | -€49,219 | -70.1% |
| Financial charges | 65/66B | €103 | €137 | +€34 | +32.8% |
| Recurring financial charges | 65 | €103 | €137 | +€34 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€70,362 | -€119,614 | -€49,252 | -70.0% |
| Profit (loss) for the period | 9904 | -€70,362 | -€119,614 | -€49,252 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,362 | -€119,614 | -€49,252 | -70.0% |
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 28 October 2026 via checked.be.