King Upkot: 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 Upkot
Largest movements
- Tangible fixed assets -€1.1m
down €1.1m (-5.6%), from €20.4m to €19.3m
- Receivables within one year +€818,244
up €818,244 (+87,313%), from €937 to €819,181
of which Other amounts receivable: +€813,405
- Cash -€642,039
down €642,039 (-88.9%), from €722,188 to €80,149
mainly Receivables within one year (-€818,244) and Contributions, distributions and other (-€546,250)
- Contributions -€546,250
down €546,250 (-3.2%), from €17.1m to €16.6m
- Profit (loss) carried forward -€460,271
down €460,271 (-28.5%), from -€1.6m to -€2.1m
- Gross operating margin +€30,944
up €30,944 (+4.5%), from €693,759 to €724,704
- Other operating charges -€27,214
down €27,214 (-32.6%), from €83,548 to €56,333
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 | €21,163,140 | €20,202,137 | -€961,003 | -4.5% |
| Fixed assets | 21/28 | €20,420,174 | €19,282,681 | -€1.1m | -5.6% |
| Tangible fixed assets | 22/27 | €20,420,174 | €19,282,681 | -€1.1m | -5.6% |
| Land and buildings | 22 | €20,420,174 | €19,282,681 | -€1.1m | -5.6% |
| Current assets | 29/58 | €742,965 | €919,455 | +€176,490 | +23.8% |
| Amounts receivable within one year | 40/41 | €937 | €819,181 | +€818,244 | +87,313% |
| Trade receivables | 40 | €937 | €5,776 | +€4,839 | +516% |
| Other amounts receivable | 41 | €0 | €813,405 | +€813,405 | |
| Cash at bank and in hand | 54/58 | €722,188 | €80,149 | -€642,039 | -88.9% |
| Deferred charges and accrued income | 490/1 | €19,840 | €20,125 | +€284 | +1.4% |
| Total equity and liabilities | 10/49 | €21,163,140 | €20,202,137 | -€961,003 | -4.5% |
| Equity | 10/15 | €21,112,975 | €20,106,455 | -€1.0m | -4.8% |
| Contributions | 10/11 | €17,101,189 | €16,554,939 | -€546,250 | -3.2% |
| Revaluation surpluses | 12 | €5,627,561 | €5,627,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,615,775 | -€2,076,045 | -€460,271 | -28.5% |
| Amounts payable | 17/49 | €50,164 | €95,682 | +€45,517 | +90.7% |
| Amounts payable within one year | 42/48 | €27,557 | €72,004 | +€44,447 | +161% |
| Trade debts | 44 | €27,557 | €72,004 | +€44,447 | +161% |
| Suppliers | 440/4 | €27,557 | €72,004 | +€44,447 | +161% |
| Accrued charges and deferred income | 492/3 | €22,608 | €23,678 | +€1,070 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,137,493 | €1,137,493 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,945 | €1,962 | -€983 | -33.4% |
| Other operating charges | 640/8 | €83,548 | €56,333 | -€27,214 | -32.6% |
| Gross operating margin | 9900 | €693,759 | €724,704 | +€30,944 | +4.5% |
| Operating profit (loss) | 9901 | -€530,227 | -€471,085 | +€59,142 | +11.2% |
| Financial income | 75/76B | €13,690 | €13,063 | -€627 | -4.6% |
| Recurring financial income | 75 | €13,690 | €13,063 | -€627 | -4.6% |
| Financial charges | 65/66B | €2,128 | €2,249 | +€121 | +5.7% |
| Recurring financial charges | 65 | €2,128 | €2,249 | +€121 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | -€518,665 | -€460,271 | +€58,394 | +11.3% |
| Profit (loss) for the period | 9904 | -€518,665 | -€460,271 | +€58,394 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€518,665 | -€460,271 | +€58,394 | +11.3% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.