KING OAK: 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 OAK
Largest movements
- Stocks and contracts -€10,562
down €10,562 (-100.0%), from €10,562 to €0
- Deferred charges and accrued income +€7,124
up €7,124 (+42.7%), from €16,671 to €23,795
- Trade debts -€33,976
down €33,976 (-17.8%), from €191,320 to €157,344
- Profit (loss) carried forward +€29,101
up €29,101 (+19.5%), from €148,872 to €177,973
- Advances received -€10,161
down €10,161 (-13.8%), from €73,851 to €63,690
- Other debts -€10,082
down €10,082 (-66.5%), from €15,156 to €5,074
- Tax, wage and social debts +€9,607
up €9,607 (+147.5%), from €6,514 to €16,121
of which Taxes: +€9,757
- Gross operating margin +€51,590
up €51,590, from -€19,730 to €31,860
- Taxes +€7,893
up €7,893, from €0 to €7,893
- Financial income +€1,191
up €1,191 (+19.7%), from €6,036 to €7,227
- Financial charges -€1,043
down €1,043 (-61.1%), from €1,706 to €664
- Other operating charges +€751
up €751 (+137.5%), from €546 to €1,297
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.
Cash bridge derived
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 | €435,813 | €428,001 | -€7,812 | -1.8% |
| Fixed assets | 21/28 | €462 | €329 | -€132 | -28.7% |
| Tangible fixed assets | 22/27 | €462 | €329 | -€132 | -28.7% |
| Plant, machinery and equipment | 23 | €462 | €329 | -€132 | -28.7% |
| Current assets | 29/58 | €435,351 | €427,671 | -€7,680 | -1.8% |
| Amounts receivable after more than one year | 29 | €227,000 | €227,000 | = | 0.0% |
| Other amounts receivable | 291 | €227,000 | €227,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €10,562 | €0 | -€10,562 | -100.0% |
| Stocks | 30/36 | €10,562 | €0 | -€10,562 | -100.0% |
| Amounts receivable within one year | 40/41 | €180,388 | €176,877 | -€3,511 | -1.9% |
| Trade receivables | 40 | €149,620 | €143,436 | -€6,184 | -4.1% |
| Other amounts receivable | 41 | €30,768 | €33,440 | +€2,672 | +8.7% |
| Cash at bank and in hand | 54/58 | €730 | €0 | -€730 | -100.0% |
| Deferred charges and accrued income | 490/1 | €16,671 | €23,795 | +€7,124 | +42.7% |
| Total equity and liabilities | 10/49 | €435,813 | €428,001 | -€7,812 | -1.8% |
| Equity | 10/15 | €148,972 | €178,073 | +€29,101 | +19.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,872 | €177,973 | +€29,101 | +19.5% |
| Amounts payable | 17/49 | €286,841 | €249,928 | -€36,913 | -12.9% |
| Amounts payable within one year | 42/48 | €286,841 | €249,928 | -€36,913 | -12.9% |
| Financial debts | 43 | - | €7,699 | +€7,699 | |
| Credit institutions | 430/8 | - | €7,699 | +€7,699 | |
| Trade debts | 44 | €191,320 | €157,344 | -€33,976 | -17.8% |
| Suppliers | 440/4 | €191,320 | €157,344 | -€33,976 | -17.8% |
| Advances received on contracts in progress | 46 | €73,851 | €63,690 | -€10,161 | -13.8% |
| Taxes, remuneration and social security | 45 | €6,514 | €16,121 | +€9,607 | +147.5% |
| Taxes | 450/3 | €6,364 | €16,121 | +€9,757 | +153.3% |
| Remuneration and social security | 454/9 | €150 | €0 | -€150 | -100.0% |
| Other amounts payable | 47/48 | €15,156 | €5,074 | -€10,082 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132 | €132 | = | 0.0% |
| Other operating charges | 640/8 | €546 | €1,297 | +€751 | +137.5% |
| Gross operating margin | 9900 | -€19,730 | €31,860 | +€51,590 | |
| Operating profit (loss) | 9901 | -€20,408 | €30,431 | +€50,839 | |
| Financial income | 75/76B | €6,036 | €7,227 | +€1,191 | +19.7% |
| Recurring financial income | 75 | €6,036 | €7,227 | +€1,191 | +19.7% |
| Financial charges | 65/66B | €1,706 | €664 | -€1,043 | -61.1% |
| Recurring financial charges | 65 | €1,706 | €664 | -€1,043 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,079 | €36,994 | +€53,073 | |
| Income taxes | 67/77 | €0 | €7,893 | +€7,893 | |
| Profit (loss) for the period | 9904 | -€16,079 | €29,101 | +€45,180 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,079 | €29,101 | +€45,180 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.