KINGS HOUSE: what changed
KINGS HOUSE
Largest movements
- Receivables after one year +€909,666
up €909,666 (+145%), from €629,000 to €1.5m
- Receivables within one year -€890,810
down €890,810 (-97.9%), from €909,972 to €19,162
of which Other amounts receivable: -€869,679
- Deferred charges and accrued income +€46,360
up €46,360 (+7,214%), from €643 to €47,003
- Debts after one year +€901,966
up €901,966 (+107%), from €844,000 to €1.7m
- Other debts -€859,806
down €859,806 (-99.5%), from €864,417 to €4,611
- Accrued charges and deferred income +€51,023
up €51,023 (+1,219%), from €4,186 to €55,209
- Profit (loss) carried forward -€22,248
down €22,248 (-94.2%), from €23,627 to €1,379
- Gross operating margin -€63,267
down €63,267, from €61,985 to -€1,282
- Financial charges +€27,718
up €27,718 (+108%), from €25,656 to €53,374
- Staff costs -€17,332
down €17,332 (-64.7%), from €26,804 to €9,472
- Financial income +€15,439
up €15,439 (+51.0%), from €30,271 to €45,710
- Taxes -€10,677
down €10,677 (-97.5%), from €10,952 to €275
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,781,947 | €1,856,010 | +€74,063 | +4.2% |
| Fixed assets | 21/28 | €227,172 | €227,172 | = | 0.0% |
| Financial fixed assets | 28 | €227,172 | €227,172 | = | 0.0% |
| Current assets | 29/58 | €1,554,775 | €1,628,838 | +€74,063 | +4.8% |
| Amounts receivable after more than one year | 29 | €629,000 | €1,538,666 | +€909,666 | +145% |
| Other amounts receivable | 291 | €629,000 | €1,538,666 | +€909,666 | +145% |
| Amounts receivable within one year | 40/41 | €909,972 | €19,162 | -€890,810 | -97.9% |
| Trade receivables | 40 | €40,293 | €19,162 | -€21,131 | -52.4% |
| Other amounts receivable | 41 | €869,679 | €0 | -€869,679 | -100% |
| Cash at bank and in hand | 54/58 | €15,160 | €24,007 | +€8,847 | +58.4% |
| Deferred charges and accrued income | 490/1 | €643 | €47,003 | +€46,360 | +7,214% |
| Total equity and liabilities | 10/49 | €1,781,947 | €1,856,010 | +€74,063 | +4.2% |
| Equity | 10/15 | €42,227 | €19,979 | -€22,248 | -52.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,627 | €1,379 | -€22,248 | -94.2% |
| Amounts payable | 17/49 | €1,739,720 | €1,836,031 | +€96,311 | +5.5% |
| Amounts payable after more than one year | 17 | €844,000 | €1,745,966 | +€901,966 | +107% |
| Financial debts | 170/4 | €844,000 | €1,745,966 | +€901,966 | +107% |
| Amounts payable within one year | 42/48 | €891,534 | €34,856 | -€856,678 | -96.1% |
| Trade debts | 44 | €830 | €17,968 | +€17,138 | +2,065% |
| Suppliers | 440/4 | €830 | €17,968 | +€17,138 | +2,065% |
| Taxes, remuneration and social security | 45 | €26,287 | €12,277 | -€14,010 | -53.3% |
| Taxes | 450/3 | €19,372 | €12,277 | -€7,095 | -36.6% |
| Remuneration and social security | 454/9 | €6,915 | €0 | -€6,915 | -100% |
| Other amounts payable | 47/48 | €864,417 | €4,611 | -€859,806 | -99.5% |
| Accrued charges and deferred income | 492/3 | €4,186 | €55,209 | +€51,023 | +1,219% |
| Remuneration, social security and pensions | 62 | €26,804 | €9,472 | -€17,332 | -64.7% |
| Other operating charges | 640/8 | €1,258 | €3,555 | +€2,297 | +183% |
| Gross operating margin | 9900 | €61,985 | -€1,282 | -€63,267 | |
| Operating profit (loss) | 9901 | €33,924 | -€14,309 | -€48,232 | |
| Financial income | 75/76B | €30,271 | €45,710 | +€15,439 | +51.0% |
| Recurring financial income | 75 | €30,271 | €45,710 | +€15,439 | +51.0% |
| Financial charges | 65/66B | €25,656 | €53,374 | +€27,718 | +108% |
| Recurring financial charges | 65 | €25,656 | €53,374 | +€27,718 | +108% |
| Profit (loss) for the period before taxes | 9903 | €38,538 | -€21,973 | -€60,511 | |
| Income taxes | 67/77 | €10,952 | €275 | -€10,677 | -97.5% |
| Profit (loss) for the period | 9904 | €27,586 | -€22,248 | -€49,834 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,586 | -€22,248 | -€49,834 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.