K6 PROTECT: 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.
K6 PROTECT
Largest movements
- Receivables within one year +€220,823
up €220,823 (+388%), from €56,969 to €277,792
of which Trade receivables: +€198,446
- Tangible fixed assets -€9,303
down €9,303 (-10.6%), from €87,804 to €78,501
of which Furniture and vehicles: -€5,805
- Advances received +€107,675
up €107,675 (+214%), from €50,247 to €157,922
- Trade debts +€57,848
up €57,848 (+141%), from €40,994 to €98,843
- Other debts +€41,722
up €41,722 (+185%), from €22,494 to €64,216
- Tax, wage and social debts +€13,929
up €13,929 (+98.8%), from €14,096 to €28,026
of which Taxes: +€9,640
- Profit (loss) carried forward -€13,097
down €13,097 (-29.1%), from €45,085 to €31,988
- Gross operating margin +€5,163
up €5,163 (+4.2%), from €124,226 to €129,389
- Financial charges +€2,044
up €2,044 (+63.7%), from €3,208 to €5,252
- Staff costs -€1,465
down €1,465 (-1.2%), from €124,317 to €122,852
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,851 | €482,538 | +€215,687 | +80.8% |
| Fixed assets | 21/28 | €88,399 | €79,386 | -€9,013 | -10.2% |
| Tangible fixed assets | 22/27 | €87,804 | €78,501 | -€9,303 | -10.6% |
| Land and buildings | 22 | €69,528 | €66,117 | -€3,411 | -4.9% |
| Plant, machinery and equipment | 23 | €87 | €0 | -€87 | -100.0% |
| Furniture and vehicles | 24 | €18,189 | €12,384 | -€5,805 | -31.9% |
| Financial fixed assets | 28 | €595 | €885 | +€290 | +48.7% |
| Current assets | 29/58 | €178,452 | €403,152 | +€224,700 | +126% |
| Stocks and contracts in progress | 3 | €114,430 | €116,030 | +€1,600 | +1.4% |
| Stocks | 30/36 | €114,430 | €116,030 | +€1,600 | +1.4% |
| Amounts receivable within one year | 40/41 | €56,969 | €277,792 | +€220,823 | +388% |
| Trade receivables | 40 | €48,079 | €246,525 | +€198,446 | +413% |
| Other amounts receivable | 41 | €8,889 | €31,267 | +€22,378 | +252% |
| Cash at bank and in hand | 54/58 | €4,508 | €6,938 | +€2,430 | +53.9% |
| Deferred charges and accrued income | 490/1 | €2,545 | €2,392 | -€153 | -6.0% |
| Total equity and liabilities | 10/49 | €266,851 | €482,538 | +€215,687 | +80.8% |
| Equity | 10/15 | €110,876 | €97,778 | -€13,097 | -11.8% |
| Contributions | 10/11 | €29,592 | €29,592 | = | 0.0% |
| Revaluation surpluses | 12 | €25,209 | €23,989 | -€1,220 | -4.8% |
| Reserves | 13 | €10,989 | €12,209 | +€1,220 | +11.1% |
| Tax-exempt reserves | 132 | €568 | €568 | = | 0.0% |
| Distributable reserves | 133 | €10,422 | €11,641 | +€1,220 | +11.7% |
| Profit (loss) carried forward | 14 | €45,085 | €31,988 | -€13,097 | -29.1% |
| Amounts payable | 17/49 | €155,975 | €384,759 | +€228,784 | +147% |
| Amounts payable after more than one year | 17 | €11,665 | €6,480 | -€5,184 | -44.4% |
| Financial debts | 170/4 | €11,665 | €6,480 | -€5,184 | -44.4% |
| Amounts payable within one year | 42/48 | €144,310 | €378,279 | +€233,969 | +162% |
| Current portion of amounts payable after more than one year | 42 | €5,184 | €5,184 | = | 0.0% |
| Financial debts | 43 | €11,295 | €24,089 | +€12,794 | +113% |
| Credit institutions | 430/8 | €11,295 | €24,089 | +€12,794 | +113% |
| Trade debts | 44 | €40,994 | €98,843 | +€57,848 | +141% |
| Suppliers | 440/4 | €40,994 | €98,843 | +€57,848 | +141% |
| Advances received on contracts in progress | 46 | €50,247 | €157,922 | +€107,675 | +214% |
| Taxes, remuneration and social security | 45 | €14,096 | €28,026 | +€13,929 | +98.8% |
| Taxes | 450/3 | €455 | €10,095 | +€9,640 | +2,119% |
| Remuneration and social security | 454/9 | €13,641 | €17,931 | +€4,289 | +31.4% |
| Other amounts payable | 47/48 | €22,494 | €64,216 | +€41,722 | +185% |
| Remuneration, social security and pensions | 62 | €124,317 | €122,852 | -€1,465 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,338 | €9,303 | -€35 | -0.4% |
| Other operating charges | 640/8 | €5,882 | €5,010 | -€872 | -14.8% |
| Gross operating margin | 9900 | €124,226 | €129,389 | +€5,163 | +4.2% |
| Operating profit (loss) | 9901 | -€15,311 | -€7,777 | +€7,534 | +49.2% |
| Financial income | 75/76B | €170 | €22 | -€148 | -87.2% |
| Recurring financial income | 75 | €170 | €22 | -€148 | -87.2% |
| Financial charges | 65/66B | €3,208 | €5,252 | +€2,044 | +63.7% |
| Recurring financial charges | 65 | €3,208 | €5,252 | +€2,044 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,350 | -€13,007 | +€5,343 | +29.1% |
| Income taxes | 67/77 | €168 | €90 | -€77 | -46.1% |
| Profit (loss) for the period | 9904 | -€18,518 | -€13,097 | +€5,420 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,518 | -€13,097 | +€5,420 | +29.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.