KING FISH: 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 FISH
Largest movements
- Cash +€97,490
up €97,490 (+53.9%), from €180,883 to €278,373
mainly Net result for the year (+€131,825) and Tax, wage and social debts (+€24,368)
- Receivables within one year +€61,198
up €61,198 (+24.7%), from €247,535 to €308,733
of which Trade receivables: +€59,619
- Profit (loss) carried forward +€131,825
up €131,825 (+47.1%), from €279,669 to €411,494
- Trade debts -€26,483
down €26,483 (-17.8%), from €148,421 to €121,938
- Tax, wage and social debts +€24,368
up €24,368 (+48.7%), from €50,034 to €74,402
of which Taxes: +€13,340
- Short-term financial debts +€18,375
new in 2024: €18,375
- Gross operating margin +€171,434
up €171,434 (+107%), from €160,874 to €332,308
- Other operating charges +€24,029
up €24,029 (+193%), from €12,477 to €36,506
- Taxes +€14,011
up €14,011 (+253%), from €5,532 to €19,542
- Staff costs +€12,217
up €12,217 (+10.4%), from €117,724 to €129,940
- Depreciation -€5,255
down €5,255 (-28.5%), from €18,409 to €13,154
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 | €500,124 | €648,209 | +€148,086 | +29.6% |
| Fixed assets | 21/28 | €34,580 | €28,862 | -€5,718 | -16.5% |
| Tangible fixed assets | 22/27 | €33,209 | €27,491 | -€5,718 | -17.2% |
| Plant, machinery and equipment | 23 | €3,674 | €1,769 | -€1,905 | -51.9% |
| Furniture and vehicles | 24 | €19,312 | €16,351 | -€2,962 | -15.3% |
| Other tangible fixed assets | 26 | €10,223 | €9,372 | -€851 | -8.3% |
| Financial fixed assets | 28 | €1,371 | €1,371 | = | 0.0% |
| Current assets | 29/58 | €465,544 | €619,347 | +€153,803 | +33.0% |
| Stocks and contracts in progress | 3 | €34,956 | €30,253 | -€4,703 | -13.5% |
| Stocks | 30/36 | €34,956 | €30,253 | -€4,703 | -13.5% |
| Amounts receivable within one year | 40/41 | €247,535 | €308,733 | +€61,198 | +24.7% |
| Trade receivables | 40 | €229,681 | €289,300 | +€59,619 | +26.0% |
| Other amounts receivable | 41 | €17,854 | €19,433 | +€1,579 | +8.8% |
| Cash at bank and in hand | 54/58 | €180,883 | €278,373 | +€97,490 | +53.9% |
| Deferred charges and accrued income | 490/1 | €2,171 | €1,988 | -€183 | -8.4% |
| Total equity and liabilities | 10/49 | €500,124 | €648,209 | +€148,086 | +29.6% |
| Equity | 10/15 | €301,669 | €433,494 | +€131,825 | +43.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,669 | €411,494 | +€131,825 | +47.1% |
| Amounts payable | 17/49 | €198,455 | €214,715 | +€16,260 | +8.2% |
| Amounts payable within one year | 42/48 | €198,455 | €214,715 | +€16,260 | +8.2% |
| Financial debts | 43 | - | €18,375 | +€18,375 | |
| Credit institutions | 430/8 | - | €18,375 | +€18,375 | |
| Trade debts | 44 | €148,421 | €121,938 | -€26,483 | -17.8% |
| Suppliers | 440/4 | €148,421 | €121,938 | -€26,483 | -17.8% |
| Taxes, remuneration and social security | 45 | €50,034 | €74,402 | +€24,368 | +48.7% |
| Taxes | 450/3 | €36,305 | €49,646 | +€13,340 | +36.7% |
| Remuneration and social security | 454/9 | €13,729 | €24,757 | +€11,028 | +80.3% |
| Remuneration, social security and pensions | 62 | €117,724 | €129,940 | +€12,217 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,409 | €13,154 | -€5,255 | -28.5% |
| Other operating charges | 640/8 | €12,477 | €36,506 | +€24,029 | +193% |
| Gross operating margin | 9900 | €160,874 | €332,308 | +€171,434 | +107% |
| Operating profit (loss) | 9901 | €12,264 | €152,708 | +€140,444 | +1,145% |
| Financial income | 75/76B | €286 | €590 | +€304 | +106% |
| Recurring financial income | 75 | €286 | €590 | +€304 | +106% |
| Financial charges | 65/66B | €1,596 | €1,931 | +€335 | +21.0% |
| Recurring financial charges | 65 | €1,596 | €1,931 | +€335 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €10,954 | €151,368 | +€140,413 | +1,282% |
| Income taxes | 67/77 | €5,532 | €19,542 | +€14,011 | +253% |
| Profit (loss) for the period | 9904 | €5,423 | €131,825 | +€126,403 | +2,331% |
| Profit (loss) for the period to be appropriated | 9905 | €5,423 | €131,825 | +€126,403 | +2,331% |
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 25 October 2026 via checked.be.