K60: 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.
K60
Largest movements
- Cash +€20,300
up €20,300 (+39.8%), from €50,994 to €71,294
mainly Net result for the year (+€51,099) and Receivables within one year (+€14,520)
- Receivables within one year -€14,520
down €14,520 (-100.0%), from €14,520 to €0
- Tangible fixed assets -€5,857
down €5,857 (-41.5%), from €14,105 to €8,249
- Deferred charges and accrued income +€1,434
up €1,434 (+132.1%), from €1,086 to €2,520
- Tax, wage and social debts -€4,976
down €4,976 (-17.7%), from €28,071 to €23,095
of which Taxes: -€4,976
- Other debts +€4,139
up €4,139 (+9.1%), from €45,583 to €49,721
- Profit (loss) carried forward +€1,099
up €1,099, from €0 to €1,099
- Gross operating margin +€8,102
up €8,102 (+13.2%), from €61,248 to €69,350
- Taxes -€1,544
down €1,544 (-13.4%), from €11,544 to €10,000
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.
Cash bridge derived
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 | €81,285 | €82,062 | +€777 | +1.0% |
| Fixed assets | 21/28 | €14,686 | €8,249 | -€6,437 | -43.8% |
| Intangible fixed assets | 21 | €580 | €0 | -€580 | -100.0% |
| Tangible fixed assets | 22/27 | €14,105 | €8,249 | -€5,857 | -41.5% |
| Furniture and vehicles | 24 | €14,105 | €8,249 | -€5,857 | -41.5% |
| Current assets | 29/58 | €66,599 | €73,814 | +€7,214 | +10.8% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €14,520 | €0 | -€14,520 | -100.0% |
| Trade receivables | 40 | €14,520 | €0 | -€14,520 | -100.0% |
| Cash at bank and in hand | 54/58 | €50,994 | €71,294 | +€20,300 | +39.8% |
| Deferred charges and accrued income | 490/1 | €1,086 | €2,520 | +€1,434 | +132.1% |
| Total equity and liabilities | 10/49 | €81,285 | €82,062 | +€777 | +1.0% |
| Equity | 10/15 | €5,000 | €6,099 | +€1,099 | +22.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €0 | €1,099 | +€1,099 | |
| Amounts payable | 17/49 | €76,285 | €75,963 | -€322 | -0.4% |
| Amounts payable within one year | 42/48 | €76,285 | €75,963 | -€322 | -0.4% |
| Trade debts | 44 | €2,631 | €3,146 | +€515 | +19.6% |
| Suppliers | 440/4 | €2,631 | €3,146 | +€515 | +19.6% |
| Taxes, remuneration and social security | 45 | €28,071 | €23,095 | -€4,976 | -17.7% |
| Taxes | 450/3 | €21,671 | €16,695 | -€4,976 | -23.0% |
| Remuneration and social security | 454/9 | €6,400 | €6,400 | = | 0.0% |
| Other amounts payable | 47/48 | €45,583 | €49,721 | +€4,139 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,098 | €6,437 | -€661 | -9.3% |
| Other operating charges | 640/8 | €1,139 | €1,476 | +€337 | +29.6% |
| Gross operating margin | 9900 | €61,248 | €69,350 | +€8,102 | +13.2% |
| Operating profit (loss) | 9901 | €53,010 | €61,436 | +€8,426 | +15.9% |
| Financial charges | 65/66B | €859 | €337 | -€522 | -60.8% |
| Recurring financial charges | 65 | €859 | €337 | -€522 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €52,151 | €61,099 | +€8,948 | +17.2% |
| Income taxes | 67/77 | €11,544 | €10,000 | -€1,544 | -13.4% |
| Profit (loss) for the period | 9904 | €40,608 | €51,099 | +€10,492 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,608 | €51,099 | +€10,492 | +25.8% |
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 10 October 2026 via checked.be.