KINGLY: 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.
KINGLY
Largest movements
- Cash +€72,541
up €72,541 (+51.6%), from €140,465 to €213,007
mainly Net result for the year (+€67,512) and Tax, wage and social debts (+€20,536)
- Receivables within one year +€18,215
up €18,215 (+147.2%), from €12,371 to €30,586
of which Trade receivables: +€18,224
- Reserves +€67,512
up €67,512 (+51.8%), from €130,240 to €197,752
- Tax, wage and social debts +€20,536
up €20,536 (+100.1%), from €20,517 to €41,053
- Gross operating margin +€16,099
up €16,099 (+21.9%), from €73,449 to €89,548
- Taxes +€3,307
up €3,307 (+23.2%), from €14,258 to €17,565
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 | €160,215 | €249,666 | +€89,451 | +55.8% |
| Fixed assets | 21/28 | €4,014 | €2,349 | -€1,665 | -41.5% |
| Tangible fixed assets | 22/27 | €4,014 | €2,349 | -€1,665 | -41.5% |
| Plant, machinery and equipment | 23 | €1,082 | €858 | -€224 | -20.7% |
| Furniture and vehicles | 24 | €1,677 | €664 | -€1,013 | -60.4% |
| Other tangible fixed assets | 26 | €1,255 | €827 | -€428 | -34.1% |
| Current assets | 29/58 | €156,201 | €247,317 | +€91,116 | +58.3% |
| Amounts receivable within one year | 40/41 | €12,371 | €30,586 | +€18,215 | +147.2% |
| Trade receivables | 40 | €12,363 | €30,586 | +€18,224 | +147.4% |
| Other amounts receivable | 41 | €9 | - | -€9 | |
| Cash at bank and in hand | 54/58 | €140,465 | €213,007 | +€72,541 | +51.6% |
| Deferred charges and accrued income | 490/1 | €3,364 | €3,724 | +€360 | +10.7% |
| Total equity and liabilities | 10/49 | €160,215 | €249,666 | +€89,451 | +55.8% |
| Equity | 10/15 | €131,240 | €198,752 | +€67,512 | +51.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €130,240 | €197,752 | +€67,512 | +51.8% |
| Distributable reserves | 133 | €130,240 | €197,752 | +€67,512 | +51.8% |
| Amounts payable | 17/49 | €28,975 | €50,914 | +€21,939 | +75.7% |
| Amounts payable within one year | 42/48 | €28,975 | €50,914 | +€21,939 | +75.7% |
| Financial debts | 43 | €881 | €386 | -€494 | -56.1% |
| Credit institutions | 430/8 | €881 | €386 | -€494 | -56.1% |
| Trade debts | 44 | €3,213 | €4,925 | +€1,712 | +53.3% |
| Suppliers | 440/4 | €3,213 | €4,925 | +€1,712 | +53.3% |
| Taxes, remuneration and social security | 45 | €20,517 | €41,053 | +€20,536 | +100.1% |
| Taxes | 450/3 | €20,517 | €41,053 | +€20,536 | +100.1% |
| Other amounts payable | 47/48 | €4,365 | €4,550 | +€186 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,794 | €2,473 | -€321 | -11.5% |
| Other operating charges | 640/8 | €513 | €462 | -€51 | -10.0% |
| Gross operating margin | 9900 | €73,449 | €89,548 | +€16,099 | +21.9% |
| Operating profit (loss) | 9901 | €70,142 | €86,614 | +€16,471 | +23.5% |
| Financial income | 75/76B | €463 | €0 | -€463 | -100.0% |
| Recurring financial income | 75 | €463 | €0 | -€463 | -100.0% |
| Financial charges | 65/66B | €1,999 | €1,537 | -€463 | -23.1% |
| Recurring financial charges | 65 | €1,999 | €1,537 | -€463 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €68,606 | €85,077 | +€16,471 | +24.0% |
| Income taxes | 67/77 | €14,258 | €17,565 | +€3,307 | +23.2% |
| Profit (loss) for the period | 9904 | €54,348 | €67,512 | +€13,164 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,348 | €67,512 | +€13,164 | +24.2% |
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 10 October 2026 via checked.be.