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Kingo Finances: 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.

What changed

Kingo Finances

BE 0672.698.958
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1,069
2024 · -€703-€366
Equity
-€241,733
2024 · -€240,664-€1,069
Cash
€2,978
2024 · €3,543-€566
Balance sheet total
€22,978
2024 · €23,617-€639

Largest movements

2024 to 2025
Assets
  • Cash -€566

    down €566 (-16.0%), from €3,543 to €2,978

    mainly Net result for the year (-€1,069)

Equity and liabilities
  • Profit (loss) carried forward -€1,069

    down €1,069 (-0.3%), from -€340,664 to -€341,733

  • Accrued charges and deferred income +€412

    new in 2025: €412

Income statement
  • Other operating charges +€371

    up €371 (+78.6%), from €472 to €844

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€703
Other operating charges -€371
Financial charges +€5
Result 2025 -€1,069
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€566
Investment €0
Financing €0
Cash 2024 €3,543
Net result for the year -€1,069
Receivables within one year +€74
Trade debts +€17
Accrued charges and deferred income +€412
Cash 2025 €2,978
brings cash intakes cash out
Every line side by side 24 lines
Line Code 2024 2025 Change %
Total assets 20/58 €23,617 €22,978 -€639 -2.7%
Current assets 29/58 €23,617 €22,978 -€639 -2.7%
Amounts receivable within one year 40/41 €20,074 €20,000 -€74 -0.4%
Other amounts receivable 41 €20,074 €20,000 -€74 -0.4%
Cash at bank and in hand 54/58 €3,543 €2,978 -€566 -16.0%
Total equity and liabilities 10/49 €23,617 €22,978 -€639 -2.7%
Equity 10/15 -€240,664 -€241,733 -€1,069 -0.4%
Contributions 10/11 €100,000 €100,000 = 0.0%
Capital 10 €100,000 €100,000 = 0.0%
Issued capital 100 €100,000 €100,000 = 0.0%
Profit (loss) carried forward 14 -€340,664 -€341,733 -€1,069 -0.3%
Amounts payable 17/49 €264,281 €264,710 +€429 +0.2%
Amounts payable within one year 42/48 €264,281 €264,298 +€17 0.0%
Trade debts 44 - €17 +€17
Suppliers 440/4 - €17 +€17
Other amounts payable 47/48 €264,281 €264,281 = 0.0%
Accrued charges and deferred income 492/3 - €412 +€412
Other operating charges 640/8 €472 €844 +€371 +78.6%
Operating profit (loss) 9901 -€472 -€844 -€371 -78.6%
Financial charges 65/66B €230 €225 -€5 -2.2%
Recurring financial charges 65 €230 €225 -€5 -2.2%
Profit (loss) for the period before taxes 9903 -€703 -€1,069 -€366 -52.1%
Profit (loss) for the period 9904 -€703 -€1,069 -€366 -52.1%
Profit (loss) for the period to be appropriated 9905 -€703 -€1,069 -€366 -52.1%

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 26 October 2026 via checked.be.