KING BOX: 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.
KING BOX
Largest movements
- Tangible fixed assets -€8,255
down €8,255 (-6.4%), from €129,689 to €121,434
of which Land and buildings: -€8,000
- Debts after one year -€11,895
down €11,895 (-13.3%), from €89,234 to €77,339
- Other debts +€4,193
up €4,193 (+7.6%), from €55,230 to €59,423
- Gross operating margin -€500
down €500 (-4.5%), from €11,022 to €10,522
- Financial charges -€126
down €126 (-9.4%), from €1,334 to €1,208
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 | €134,047 | €126,289 | -€7,758 | -5.8% |
| Fixed assets | 21/28 | €129,689 | €121,434 | -€8,255 | -6.4% |
| Tangible fixed assets | 22/27 | €129,689 | €121,434 | -€8,255 | -6.4% |
| Land and buildings | 22 | €129,362 | €121,362 | -€8,000 | -6.2% |
| Plant, machinery and equipment | 23 | €327 | €72 | -€255 | -77.9% |
| Current assets | 29/58 | €4,358 | €4,855 | +€497 | +11.4% |
| Cash at bank and in hand | 54/58 | €4,358 | €4,855 | +€497 | +11.4% |
| Total equity and liabilities | 10/49 | €134,047 | €126,289 | -€7,758 | -5.8% |
| Equity | 10/15 | -€22,185 | -€22,369 | -€184 | -0.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,185 | -€26,369 | -€184 | -0.7% |
| Amounts payable | 17/49 | €156,232 | €148,657 | -€7,574 | -4.8% |
| Amounts payable after more than one year | 17 | €89,234 | €77,339 | -€11,895 | -13.3% |
| Financial debts | 170/4 | €89,234 | €77,339 | -€11,895 | -13.3% |
| Amounts payable within one year | 42/48 | €66,997 | €71,319 | +€4,321 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €11,767 | €11,895 | +€128 | +1.1% |
| Other amounts payable | 47/48 | €55,230 | €59,423 | +€4,193 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,287 | €8,255 | -€32 | -0.4% |
| Other operating charges | 640/8 | €1,205 | €1,243 | +€38 | +3.2% |
| Gross operating margin | 9900 | €11,022 | €10,522 | -€500 | -4.5% |
| Operating profit (loss) | 9901 | €1,530 | €1,024 | -€506 | -33.1% |
| Financial charges | 65/66B | €1,334 | €1,208 | -€126 | -9.4% |
| Recurring financial charges | 65 | €1,334 | €1,208 | -€126 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €197 | -€184 | -€380 | |
| Profit (loss) for the period | 9904 | €197 | -€184 | -€380 | |
| Profit (loss) for the period to be appropriated | 9905 | €197 | -€184 | -€380 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.