KING'S COFFEE CY: what changed
What changed
KING'S COFFEE CY
NACE 10.830, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
€1,858
2024 · -€58,317+€60,175
Equity
€373,754
2024 · €371,897+€1,858
Cash
€28,175
2024 · €58,932-€30,756
Balance sheet total
€1.6m
2024 · €1.5m+€86,328
Largest movements
Assets
- Tangible fixed assets +€121,063
up €121,063 (+9.9%), from €1.2m to €1.3m
of which Land and buildings: +€119,005
- Cash -€30,756
down €30,756 (-52.2%), from €58,932 to €28,175
mainly Investment in fixed assets (net) (-€228,060) and Trade debts (-€55,004)
Equity and liabilities
- Debts after one year +€55,790
up €55,790 (+10.2%), from €549,074 to €604,863
- Trade debts -€55,004
down €55,004 (-36.5%), from €150,867 to €95,864
- Other debts +€50,387
up €50,387 (+22.6%), from €222,797 to €273,184
- Current portion of long-term debt +€26,570
up €26,570 (+57.0%), from €46,629 to €73,199
- Advances received +€24,413
up €24,413 (+56.7%), from €43,056 to €67,469
Income statement
- Gross operating margin +€79,867
up €79,867 (+91.6%), from €87,177 to €167,044
- Depreciation +€21,078
up €21,078 (+24.5%), from €85,919 to €106,997
- Taxes -€2,468
no longer reported in 2025 (was €2,468)
- Financial charges -€1,694
down €1,694 (-4.8%), from €35,573 to €33,880
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€58,317
Gross operating margin
+€79,867
Staff costs
-€918
Depreciation
-€21,078
Other operating charges
+€802
Financial income
+€236
Financial charges
+€1,694
Taxes
+€2,468
Deferred taxes and other
-€2,895
Result 2025
€1,858
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€114,944
Investment
-€228,060
Financing
+€82,359
Cash 2024
€58,932
From operations (derived)
+€114,944
Net result for the year
+€1,858
Depreciation
+€106,997
Stocks and contracts
+€6,886
Receivables within one year
-€899
Deferred charges and accrued income
-€2,009
Provisions
-€2,450
Trade debts
-€55,004
Tax, wage and social debts
+€1,773
Advances received
+€24,413
Other debts
+€50,387
Accrued charges and deferred income
-€17,009
Investment (derived)
-€228,060
Investment in fixed assets (net)
-€228,060
Financing
+€82,359
Debts after one year
+€55,790
Current portion of long-term debt
+€26,570
Cash 2025
€28,175
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,519,484 | €1,605,812 | +€86,328 | +5.7% |
| Fixed assets | 21/28 | €1,220,748 | €1,341,811 | +€121,063 | +9.9% |
| Tangible fixed assets | 22/27 | €1,220,748 | €1,341,811 | +€121,063 | +9.9% |
| Land and buildings | 22 | €1,090,117 | €1,209,122 | +€119,005 | +10.9% |
| Plant, machinery and equipment | 23 | €20,730 | €23,108 | +€2,378 | +11.5% |
| Furniture and vehicles | 24 | €109,902 | €109,581 | -€321 | -0.3% |
| Current assets | 29/58 | €298,736 | €264,001 | -€34,735 | -11.6% |
| Stocks and contracts in progress | 3 | €60,299 | €53,413 | -€6,886 | -11.4% |
| Stocks | 30/36 | €60,299 | €53,413 | -€6,886 | -11.4% |
| Amounts receivable within one year | 40/41 | €178,821 | €179,721 | +€899 | +0.5% |
| Trade receivables | 40 | €172,090 | €170,369 | -€1,721 | -1.0% |
| Other amounts receivable | 41 | €6,731 | €9,352 | +€2,621 | +38.9% |
| Cash at bank and in hand | 54/58 | €58,932 | €28,175 | -€30,756 | -52.2% |
| Deferred charges and accrued income | 490/1 | €683 | €2,692 | +€2,009 | +294% |
| Total equity and liabilities | 10/49 | €1,519,484 | €1,605,812 | +€86,328 | +5.7% |
| Equity | 10/15 | €371,897 | €373,754 | +€1,858 | +0.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €319,465 | €312,116 | -€7,350 | -2.3% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €135,376 | €128,027 | -€7,350 | -5.4% |
| Distributable reserves | 133 | €181,089 | €181,089 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,431 | €31,639 | +€9,207 | +41.0% |
| Provisions and deferred taxes | 16 | €60,284 | €57,834 | -€2,450 | -4.1% |
| Deferred taxes | 168 | €60,284 | €57,834 | -€2,450 | -4.1% |
| Amounts payable | 17/49 | €1,087,303 | €1,174,224 | +€86,920 | +8.0% |
| Amounts payable after more than one year | 17 | €549,074 | €604,863 | +€55,790 | +10.2% |
| Financial debts | 170/4 | €549,074 | €604,863 | +€55,790 | +10.2% |
| Amounts payable within one year | 42/48 | €521,220 | €569,360 | +€48,140 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €46,629 | €73,199 | +€26,570 | +57.0% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €150,867 | €95,864 | -€55,004 | -36.5% |
| Suppliers | 440/4 | €150,867 | €95,864 | -€55,004 | -36.5% |
| Advances received on contracts in progress | 46 | €43,056 | €67,469 | +€24,413 | +56.7% |
| Taxes, remuneration and social security | 45 | €7,871 | €9,644 | +€1,773 | +22.5% |
| Taxes | 450/3 | €7,871 | €9,644 | +€1,773 | +22.5% |
| Other amounts payable | 47/48 | €222,797 | €273,184 | +€50,387 | +22.6% |
| Accrued charges and deferred income | 492/3 | €17,009 | - | -€17,009 | |
| Non-recurring operating income | 76A | - | €2,208 | +€2,208 | |
| Remuneration, social security and pensions | 62 | €16,206 | €17,125 | +€918 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,919 | €106,997 | +€21,078 | +24.5% |
| Other operating charges | 640/8 | €10,823 | €10,021 | -€802 | -7.4% |
| Gross operating margin | 9900 | €87,177 | €167,044 | +€79,867 | +91.6% |
| Operating profit (loss) | 9901 | -€25,771 | €32,901 | +€58,672 | |
| Financial income | 75/76B | €150 | €387 | +€236 | +157% |
| Recurring financial income | 75 | €150 | €387 | +€236 | +157% |
| Financial charges | 65/66B | €35,573 | €33,880 | -€1,694 | -4.8% |
| Recurring financial charges | 65 | €35,573 | €33,880 | -€1,694 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€61,194 | -€592 | +€60,602 | +99.0% |
| Transfer from deferred taxes | 780 | €5,345 | €2,450 | -€2,895 | -54.2% |
| Income taxes | 67/77 | €2,468 | - | -€2,468 | |
| Profit (loss) for the period | 9904 | -€58,317 | €1,858 | +€60,175 | |
| Transfer from tax-exempt reserves | 789 | €16,035 | €7,350 | -€8,685 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,283 | €9,207 | +€51,490 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.