KING FRITE: 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 FRITE
Largest movements
- Receivables within one year +€33,325
up €33,325 (+280%), from €11,887 to €45,212
of which Trade receivables: +€32,045
- Cash -€4,547
down €4,547 (-19.7%), from €23,037 to €18,490
mainly Receivables within one year (-€33,325) and Accrued charges and deferred income (-€41)
- Tangible fixed assets -€2,627
down €2,627 (-43.2%), from €6,088 to €3,461
of which Other tangible fixed assets: -€1,437
- Trade debts +€9,948
up €9,948 (+60.5%), from €16,432 to €26,380
- Reserves +€8,755
up €8,755 (+33.9%), from €25,819 to €34,574
- Tax, wage and social debts +€4,506
up €4,506 (+130%), from €3,465 to €7,971
of which Taxes: +€6,052
- Other debts +€2,435
new in 2025: €2,435
- Taxes +€3,796
up €3,796 (+2,966%), from €128 to €3,924
- Gross operating margin +€2,642
up €2,642 (+5.4%), from €48,545 to €51,187
- Other operating charges -€1,918
down €1,918 (-52.5%), from €3,652 to €1,734
- Staff costs -€1,627
down €1,627 (-4.7%), from €34,443 to €32,815
- Financial charges -€1,503
down €1,503 (-52.6%), from €2,859 to €1,356
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.
Derived cash bridge
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 | €47,156 | €72,760 | +€25,604 | +54.3% |
| Fixed assets | 21/28 | €9,088 | €6,461 | -€2,627 | -28.9% |
| Tangible fixed assets | 22/27 | €6,088 | €3,461 | -€2,627 | -43.2% |
| Plant, machinery and equipment | 23 | €519 | - | -€519 | |
| Furniture and vehicles | 24 | €1,273 | €602 | -€672 | -52.7% |
| Other tangible fixed assets | 26 | €4,296 | €2,859 | -€1,437 | -33.4% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €38,068 | €66,299 | +€28,231 | +74.2% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,887 | €45,212 | +€33,325 | +280% |
| Trade receivables | 40 | - | €32,045 | +€32,045 | |
| Other amounts receivable | 41 | €11,887 | €13,167 | +€1,280 | +10.8% |
| Cash at bank and in hand | 54/58 | €23,037 | €18,490 | -€4,547 | -19.7% |
| Deferred charges and accrued income | 490/1 | €1,144 | €597 | -€547 | -47.8% |
| Total equity and liabilities | 10/49 | €47,156 | €72,760 | +€25,604 | +54.3% |
| Equity | 10/15 | €27,219 | €35,974 | +€8,755 | +32.2% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | €25,819 | €34,574 | +€8,755 | +33.9% |
| Distributable reserves | 133 | €25,819 | €34,574 | +€8,755 | +33.9% |
| Amounts payable | 17/49 | €19,937 | €36,786 | +€16,848 | +84.5% |
| Amounts payable within one year | 42/48 | €19,897 | €36,786 | +€16,889 | +84.9% |
| Trade debts | 44 | €16,432 | €26,380 | +€9,948 | +60.5% |
| Suppliers | 440/4 | €16,432 | €26,380 | +€9,948 | +60.5% |
| Taxes, remuneration and social security | 45 | €3,465 | €7,971 | +€4,506 | +130% |
| Taxes | 450/3 | €180 | €6,232 | +€6,052 | +3,366% |
| Remuneration and social security | 454/9 | €3,285 | €1,739 | -€1,546 | -47.1% |
| Other amounts payable | 47/48 | - | €2,435 | +€2,435 | |
| Accrued charges and deferred income | 492/3 | €41 | - | -€41 | |
| Remuneration, social security and pensions | 62 | €34,443 | €32,815 | -€1,627 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,080 | €2,627 | -€453 | -14.7% |
| Other operating charges | 640/8 | €3,652 | €1,734 | -€1,918 | -52.5% |
| Gross operating margin | 9900 | €48,545 | €51,187 | +€2,642 | +5.4% |
| Operating profit (loss) | 9901 | €7,371 | €14,012 | +€6,640 | +90.1% |
| Financial income | 75/76B | €20 | €23 | +€3 | +16.4% |
| Recurring financial income | 75 | €20 | €23 | +€3 | +16.4% |
| Financial charges | 65/66B | €2,859 | €1,356 | -€1,503 | -52.6% |
| Recurring financial charges | 65 | €2,859 | €1,356 | -€1,503 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €4,532 | €12,679 | +€8,147 | +180% |
| Income taxes | 67/77 | €128 | €3,924 | +€3,796 | +2,966% |
| Profit (loss) for the period | 9904 | €4,404 | €8,755 | +€4,351 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,404 | €8,755 | +€4,351 | +98.8% |
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 25 October 2026 via checked.be.