KING CONE: 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.
KING CONE
Largest movements
- Receivables within one year +€52,962
up €52,962 (+2,772%), from €1,911 to €54,872
of which Other amounts receivable: +€48,812
- Cash +€7,921
up €7,921 (+91.3%), from €8,681 to €16,602
mainly Accrued charges and deferred income (+€38,716) and Trade debts (+€11,864)
- Stocks and contracts -€2,282
no longer reported in 2024 (was €2,282)
- Accrued charges and deferred income +€38,716
new in 2024: €38,716
- Trade debts +€11,864
up €11,864 (+237%), from €5,013 to €16,877
- Other debts +€6,000
new in 2024: €6,000
- Tax, wage and social debts +€1,583
new in 2024: €1,583
- Gross operating margin +€26,617
up €26,617 (+636%), from €4,185 to €30,803
- Staff costs +€6,623
new in 2024: €6,623
- Other operating charges +€3,095
up €3,095 (+1,391%), from €222 to €3,317
- Taxes +€1,004
new in 2024: €1,004
- Financial charges +€529
up €529 (+263%), from €201 to €730
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 | €13,073 | €71,474 | +€58,402 | +447% |
| Current assets | 29/58 | €13,073 | €71,474 | +€58,402 | +447% |
| Stocks and contracts in progress | 3 | €2,282 | - | -€2,282 | |
| Stocks | 30/36 | €2,282 | - | -€2,282 | |
| Amounts receivable within one year | 40/41 | €1,911 | €54,872 | +€52,962 | +2,772% |
| Trade receivables | 40 | - | €4,150 | +€4,150 | |
| Other amounts receivable | 41 | €1,911 | €50,722 | +€48,812 | +2,555% |
| Cash at bank and in hand | 54/58 | €8,681 | €16,602 | +€7,921 | +91.3% |
| Deferred charges and accrued income | 490/1 | €199 | - | -€199 | |
| Total equity and liabilities | 10/49 | €13,073 | €71,474 | +€58,402 | +447% |
| Equity | 10/15 | €8,060 | €8,298 | +€239 | +3.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | - | -€4,000 | |
| Issued capital | 100 | €4,000 | - | -€4,000 | |
| Reserves | 13 | €188 | €188 | = | 0.0% |
| Non-distributable reserves | 130/1 | €188 | €188 | = | 0.0% |
| Legal reserve | 130 | €188 | - | -€188 | |
| Reserves not available under the articles | 1311 | - | €188 | +€188 | |
| Profit (loss) carried forward | 14 | €3,872 | €4,110 | +€239 | +6.2% |
| Amounts payable | 17/49 | €5,013 | €63,176 | +€58,163 | +1,160% |
| Amounts payable within one year | 42/48 | €5,013 | €24,460 | +€19,447 | +388% |
| Trade debts | 44 | €5,013 | €16,877 | +€11,864 | +237% |
| Suppliers | 440/4 | €5,013 | €16,877 | +€11,864 | +237% |
| Taxes, remuneration and social security | 45 | - | €1,583 | +€1,583 | |
| Remuneration and social security | 454/9 | - | €1,583 | +€1,583 | |
| Other amounts payable | 47/48 | - | €6,000 | +€6,000 | |
| Accrued charges and deferred income | 492/3 | - | €38,716 | +€38,716 | |
| Remuneration, social security and pensions | 62 | - | €6,623 | +€6,623 | |
| Other operating charges | 640/8 | €222 | €3,317 | +€3,095 | +1,391% |
| Non-recurring operating charges | 66A | - | €18,910 | +€18,910 | |
| Gross operating margin | 9900 | €4,185 | €30,803 | +€26,617 | +636% |
| Operating profit (loss) | 9901 | €3,963 | €1,952 | -€2,011 | -50.7% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €201 | €730 | +€529 | +263% |
| Recurring financial charges | 65 | €201 | €730 | +€529 | +263% |
| Profit (loss) for the period before taxes | 9903 | €3,762 | €1,242 | -€2,519 | -67.0% |
| Income taxes | 67/77 | - | €1,004 | +€1,004 | |
| Profit (loss) for the period | 9904 | €3,762 | €239 | -€3,523 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,762 | €239 | -€3,523 | -93.7% |
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 14 October 2026 via checked.be.