KING'S EYE: 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'S EYE
Largest movements
- Cash -€7,139
down €7,139 (-19.0%), from €37,495 to €30,356
mainly Receivables within one year (-€7,067) and Other debts (-€3,643)
- Receivables within one year +€7,067
up €7,067 (+92.5%), from €7,644 to €14,711
of which Trade receivables: +€8,651
- Other debts -€3,643
down €3,643 (-31.2%), from €11,689 to €8,046
- Tax, wage and social debts +€2,993
new in 2025: €2,993
of which Remuneration and social security: +€2,062
- Trade debts +€1,816
up €1,816 (+379%), from €479 to €2,295
- Profit (loss) carried forward -€1,214
down €1,214 (-36.8%), from €3,295 to €2,081
- Gross operating margin -€3,509
down €3,509 (-45.0%), from €7,797 to €4,288
- Taxes -€488
down €488 (-20.2%), from €2,415 to €1,927
- Depreciation +€460
up €460 (+21.9%), from €2,103 to €2,563
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 | €54,061 | €54,033 | -€28 | -0.1% |
| Fixed assets | 21/28 | €5,262 | €5,260 | -€1 | 0.0% |
| Tangible fixed assets | 22/27 | €5,262 | €5,260 | -€1 | 0.0% |
| Plant, machinery and equipment | 23 | - | €1,596 | +€1,596 | |
| Furniture and vehicles | 24 | €5,262 | €3,665 | -€1,597 | -30.4% |
| Current assets | 29/58 | €48,799 | €48,773 | -€26 | -0.1% |
| Stocks and contracts in progress | 3 | €3,326 | €3,326 | = | 0.0% |
| Stocks | 30/36 | €3,326 | €3,326 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,644 | €14,711 | +€7,067 | +92.5% |
| Trade receivables | 40 | €5,986 | €14,637 | +€8,651 | +145% |
| Other amounts receivable | 41 | €1,657 | €73 | -€1,584 | -95.6% |
| Cash at bank and in hand | 54/58 | €37,495 | €30,356 | -€7,139 | -19.0% |
| Deferred charges and accrued income | 490/1 | €334 | €379 | +€45 | +13.5% |
| Total equity and liabilities | 10/49 | €54,061 | €54,033 | -€28 | -0.1% |
| Equity | 10/15 | €41,893 | €40,679 | -€1,214 | -2.9% |
| Contributions | 10/11 | €38,598 | €38,598 | = | 0.0% |
| Contributions outside capital | 11 | €38,598 | €38,598 | = | 0.0% |
| Other | 1109/19 | €38,598 | €38,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,295 | €2,081 | -€1,214 | -36.8% |
| Amounts payable | 17/49 | €12,168 | €13,354 | +€1,186 | +9.7% |
| Amounts payable within one year | 42/48 | €12,168 | €13,354 | +€1,186 | +9.7% |
| Financial debts | 43 | - | €20 | +€20 | |
| Credit institutions | 430/8 | - | €20 | +€20 | |
| Trade debts | 44 | €479 | €2,295 | +€1,816 | +379% |
| Suppliers | 440/4 | €479 | €2,295 | +€1,816 | +379% |
| Taxes, remuneration and social security | 45 | - | €2,993 | +€2,993 | |
| Taxes | 450/3 | - | €931 | +€931 | |
| Remuneration and social security | 454/9 | - | €2,062 | +€2,062 | |
| Other amounts payable | 47/48 | €11,689 | €8,046 | -€3,643 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,103 | €2,563 | +€460 | +21.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €171 | €381 | +€209 | +122% |
| Gross operating margin | 9900 | €7,797 | €4,288 | -€3,509 | -45.0% |
| Operating profit (loss) | 9901 | €5,136 | €945 | -€4,191 | -81.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -72.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -72.7% |
| Financial charges | 65/66B | €204 | €232 | +€28 | +14.0% |
| Recurring financial charges | 65 | €204 | €232 | +€28 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €4,933 | €713 | -€4,220 | -85.6% |
| Income taxes | 67/77 | €2,415 | €1,927 | -€488 | -20.2% |
| Profit (loss) for the period | 9904 | €2,518 | -€1,214 | -€3,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,518 | -€1,214 | -€3,732 |
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 24 October 2026 via checked.be.