King's Shops: 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 Shops
Largest movements
- Stocks and contracts +€222,371
up €222,371 (+29.5%), from €754,990 to €977,361
- Cash +€151,640
up €151,640 (+50.0%), from €303,224 to €454,863
mainly Net result for the year (+€302,446) and Other debts (+€200,000)
- Receivables within one year -€48,465
down €48,465 (-10.4%), from €468,196 to €419,730
of which Trade receivables: -€64,717
- Tangible fixed assets -€41,046
down €41,046 (-17.8%), from €230,350 to €189,304
of which Plant, machinery and equipment: -€36,057
- Other debts +€200,000
new in 2025: €200,000
- Tax, wage and social debts +€146,800
up €146,800 (+46.8%), from €313,775 to €460,575
of which Taxes: +€150,527
- Advances received -€112,340
down €112,340 (-62.7%), from €179,246 to €66,905
- Profit (loss) carried forward +€102,446
up €102,446 (+22.0%), from €466,536 to €568,981
- Trade debts -€49,384
down €49,384 (-7.8%), from €633,269 to €583,885
- Taxes +€107,983
up €107,983 (+2,716%), from €3,976 to €111,960
- Gross operating margin +€105,775
up €105,775 (+6.7%), from €1.6m to €1.7m
- Staff costs -€36,831
down €36,831 (-3.0%), from €1.2m to €1.2m
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 | €1,762,405 | €2,046,459 | +€284,053 | +16.1% |
| Fixed assets | 21/28 | €230,795 | €189,749 | -€41,046 | -17.8% |
| Tangible fixed assets | 22/27 | €230,350 | €189,304 | -€41,046 | -17.8% |
| Plant, machinery and equipment | 23 | €207,470 | €171,413 | -€36,057 | -17.4% |
| Furniture and vehicles | 24 | €18,335 | €13,346 | -€4,989 | -27.2% |
| Other tangible fixed assets | 26 | €4,545 | €4,545 | = | 0.0% |
| Financial fixed assets | 28 | €445 | €445 | = | 0.0% |
| Current assets | 29/58 | €1,531,610 | €1,856,709 | +€325,099 | +21.2% |
| Stocks and contracts in progress | 3 | €754,990 | €977,361 | +€222,371 | +29.5% |
| Stocks | 30/36 | €754,990 | €977,361 | +€222,371 | +29.5% |
| Amounts receivable within one year | 40/41 | €468,196 | €419,730 | -€48,465 | -10.4% |
| Trade receivables | 40 | €344,262 | €279,545 | -€64,717 | -18.8% |
| Other amounts receivable | 41 | €123,934 | €140,185 | +€16,252 | +13.1% |
| Cash at bank and in hand | 54/58 | €303,224 | €454,863 | +€151,640 | +50.0% |
| Deferred charges and accrued income | 490/1 | €5,201 | €4,755 | -€446 | -8.6% |
| Total equity and liabilities | 10/49 | €1,762,405 | €2,046,459 | +€284,053 | +16.1% |
| Equity | 10/15 | €491,876 | €594,321 | +€102,446 | +20.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,748 | €6,748 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €4,889 | €6,748 | +€1,859 | +38.0% |
| Profit (loss) carried forward | 14 | €466,536 | €568,981 | +€102,446 | +22.0% |
| Amounts payable | 17/49 | €1,270,530 | €1,452,137 | +€181,608 | +14.3% |
| Amounts payable after more than one year | 17 | €25,048 | - | -€25,048 | |
| Financial debts | 170/4 | €25,048 | - | -€25,048 | |
| Amounts payable within one year | 42/48 | €1,237,045 | €1,430,164 | +€193,119 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €110,755 | €118,798 | +€8,043 | +7.3% |
| Trade debts | 44 | €633,269 | €583,885 | -€49,384 | -7.8% |
| Suppliers | 440/4 | €633,269 | €583,885 | -€49,384 | -7.8% |
| Advances received on contracts in progress | 46 | €179,246 | €66,905 | -€112,340 | -62.7% |
| Taxes, remuneration and social security | 45 | €313,775 | €460,575 | +€146,800 | +46.8% |
| Taxes | 450/3 | €68,895 | €219,422 | +€150,527 | +218% |
| Remuneration and social security | 454/9 | €244,880 | €241,153 | -€3,727 | -1.5% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Accrued charges and deferred income | 492/3 | €8,437 | €21,974 | +€13,537 | +160% |
| Remuneration, social security and pensions | 62 | €1,245,245 | €1,208,414 | -€36,831 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,842 | €50,888 | +€2,046 | +4.2% |
| Other operating charges | 640/8 | €3,646 | €3,681 | +€35 | +1.0% |
| Gross operating margin | 9900 | €1,583,813 | €1,689,588 | +€105,775 | +6.7% |
| Operating profit (loss) | 9901 | €286,080 | €426,605 | +€140,524 | +49.1% |
| Financial income | 75/76B | €8,795 | €12,894 | +€4,099 | +46.6% |
| Recurring financial income | 75 | €8,795 | €12,894 | +€4,099 | +46.6% |
| Financial charges | 65/66B | €22,650 | €25,093 | +€2,443 | +10.8% |
| Recurring financial charges | 65 | €22,650 | €25,093 | +€2,443 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €272,225 | €414,405 | +€142,180 | +52.2% |
| Income taxes | 67/77 | €3,976 | €111,960 | +€107,983 | +2,716% |
| Profit (loss) for the period | 9904 | €268,249 | €302,446 | +€34,197 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €268,249 | €302,446 | +€34,197 | +12.7% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.