KINGCOMA: what changed
Two fiscal 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.
KINGCOMA
Largest movements
- Receivables within one year -€34,807
down €34,807 (-31.0%), from €112,201 to €77,394
of which Other amounts receivable: -€52,582
- Cash -€16,991
down €16,991 (-54.2%), from €31,321 to €14,330
mainly Contributions, distributions and other (-€47,724) and Other debts (-€38,488)
- Other debts -€38,488
down €38,488 (-48.7%), from €79,000 to €40,512
- Trade debts -€11,217
down €11,217 (-90.9%), from €12,343 to €1,126
- Profit (loss) carried forward -€6,676
down €6,676 (-8.4%), from €79,409 to €72,734
- Current portion of long-term debt +€2,025
new in 2025: €2,025
- Gross operating margin -€40,459
down €40,459 (-37.6%), from €107,664 to €67,205
- Taxes -€8,567
down €8,567 (-40.6%), from €21,116 to €12,549
- Depreciation +€5,389
up €5,389 (+70.1%), from €7,692 to €13,081
- Financial income +€2,728
up €2,728 (+10876.7%), from €25 to €2,753
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.
Cash bridge derived
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 | €191,999 | €138,773 | -€53,226 | -27.7% |
| Fixed assets | 21/28 | €47,851 | €46,478 | -€1,373 | -2.9% |
| Tangible fixed assets | 22/27 | €47,851 | €46,478 | -€1,373 | -2.9% |
| Plant, machinery and equipment | 23 | €2,076 | €1,754 | -€322 | -15.5% |
| Furniture and vehicles | 24 | €18,236 | €20,793 | +€2,557 | +14.0% |
| Other tangible fixed assets | 26 | €27,539 | €23,931 | -€3,608 | -13.1% |
| Current assets | 29/58 | €144,148 | €92,295 | -€51,853 | -36.0% |
| Amounts receivable within one year | 40/41 | €112,201 | €77,394 | -€34,807 | -31.0% |
| Trade receivables | 40 | €13,353 | €31,128 | +€17,775 | +133.1% |
| Other amounts receivable | 41 | €98,849 | €46,266 | -€52,582 | -53.2% |
| Cash at bank and in hand | 54/58 | €31,321 | €14,330 | -€16,991 | -54.2% |
| Deferred charges and accrued income | 490/1 | €625 | €571 | -€54 | -8.7% |
| Total equity and liabilities | 10/49 | €191,999 | €138,773 | -€53,226 | -27.7% |
| Equity | 10/15 | €84,409 | €77,734 | -€6,676 | -7.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,409 | €72,734 | -€6,676 | -8.4% |
| Amounts payable | 17/49 | €107,589 | €61,039 | -€46,550 | -43.3% |
| Amounts payable within one year | 42/48 | €107,589 | €61,039 | -€46,550 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | - | €2,025 | +€2,025 | |
| Trade debts | 44 | €12,343 | €1,126 | -€11,217 | -90.9% |
| Suppliers | 440/4 | €12,343 | €1,126 | -€11,217 | -90.9% |
| Taxes, remuneration and social security | 45 | €16,246 | €17,377 | +€1,131 | +7.0% |
| Taxes | 450/3 | €16,246 | €17,377 | +€1,131 | +7.0% |
| Other amounts payable | 47/48 | €79,000 | €40,512 | -€38,488 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,692 | €13,081 | +€5,389 | +70.1% |
| Other operating charges | 640/8 | €901 | €691 | -€210 | -23.3% |
| Gross operating margin | 9900 | €107,664 | €67,205 | -€40,459 | -37.6% |
| Operating profit (loss) | 9901 | €99,071 | €53,433 | -€45,638 | -46.1% |
| Financial income | 75/76B | €25 | €2,753 | +€2,728 | +10876.7% |
| Recurring financial income | 75 | €25 | €2,753 | +€2,728 | +10876.7% |
| Financial charges | 65/66B | €2,953 | €2,588 | -€365 | -12.4% |
| Recurring financial charges | 65 | €2,953 | €2,588 | -€365 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €96,142 | €53,598 | -€42,545 | -44.3% |
| Income taxes | 67/77 | €21,116 | €12,549 | -€8,567 | -40.6% |
| Profit (loss) for the period | 9904 | €75,026 | €41,048 | -€33,978 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,026 | €41,048 | -€33,978 | -45.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.