King’s Mill Management: 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 Mill Management
Largest movements
- Cash +€31,915
up €31,915 (+156%), from €20,452 to €52,367
mainly Net result for the year (+€58,772) and Depreciation (+€13,399)
- Tangible fixed assets -€13,399
down €13,399 (-26.4%), from €50,820 to €37,421
- Profit (loss) carried forward +€13,772
up €13,772 (+18.1%), from €76,197 to €89,969
- Tax, wage and social debts +€5,263
up €5,263 (+41.5%), from €12,684 to €17,947
- Gross operating margin +€7,650
up €7,650 (+9.3%), from €81,879 to €89,529
- Taxes +€2,634
up €2,634 (+18.3%), from €14,392 to €17,026
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 | €91,583 | €110,940 | +€19,357 | +21.1% |
| Fixed assets | 21/28 | €50,820 | €37,421 | -€13,399 | -26.4% |
| Tangible fixed assets | 22/27 | €50,820 | €37,421 | -€13,399 | -26.4% |
| Furniture and vehicles | 24 | €50,820 | €37,421 | -€13,399 | -26.4% |
| Current assets | 29/58 | €40,763 | €73,519 | +€32,756 | +80.4% |
| Amounts receivable within one year | 40/41 | €18,100 | €18,489 | +€388 | +2.1% |
| Trade receivables | 40 | €17,112 | €17,669 | +€557 | +3.3% |
| Other amounts receivable | 41 | €988 | €820 | -€168 | -17.0% |
| Cash at bank and in hand | 54/58 | €20,452 | €52,367 | +€31,915 | +156% |
| Deferred charges and accrued income | 490/1 | €2,211 | €2,663 | +€452 | +20.5% |
| Total equity and liabilities | 10/49 | €91,583 | €110,940 | +€19,357 | +21.1% |
| Equity | 10/15 | €76,697 | €90,469 | +€13,772 | +18.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,197 | €89,969 | +€13,772 | +18.1% |
| Amounts payable | 17/49 | €14,886 | €20,471 | +€5,585 | +37.5% |
| Amounts payable within one year | 42/48 | €14,886 | €20,471 | +€5,585 | +37.5% |
| Trade debts | 44 | €1,316 | €644 | -€672 | -51.1% |
| Suppliers | 440/4 | €1,316 | €644 | -€672 | -51.1% |
| Taxes, remuneration and social security | 45 | €12,684 | €17,947 | +€5,263 | +41.5% |
| Taxes | 450/3 | €12,684 | €17,947 | +€5,263 | +41.5% |
| Other amounts payable | 47/48 | €885 | €1,880 | +€995 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,266 | €13,399 | +€133 | +1.0% |
| Other operating charges | 640/8 | - | €261 | +€261 | |
| Gross operating margin | 9900 | €81,879 | €89,529 | +€7,650 | +9.3% |
| Operating profit (loss) | 9901 | €68,613 | €75,870 | +€7,257 | +10.6% |
| Financial income | 75/76B | €14 | €0 | -€14 | -99.8% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -99.8% |
| Financial charges | 65/66B | €12 | €72 | +€60 | +504% |
| Recurring financial charges | 65 | €12 | €72 | +€60 | +504% |
| Profit (loss) for the period before taxes | 9903 | €68,615 | €75,798 | +€7,183 | +10.5% |
| Income taxes | 67/77 | €14,392 | €17,026 | +€2,634 | +18.3% |
| Profit (loss) for the period | 9904 | €54,223 | €58,772 | +€4,549 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,223 | €58,772 | +€4,549 | +8.4% |
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.