Kingsm3n: 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.
Kingsm3n
Largest movements
- Receivables within one year +€64,383
up €64,383 (+284%), from €22,682 to €87,066
of which Trade receivables: +€62,914
- Cash -€39,181
down €39,181 (-69.5%), from €56,358 to €17,177
mainly Receivables within one year (-€64,383) and Investment in fixed assets (net) (-€14,797)
- Tangible fixed assets +€12,920
up €12,920 (+1,244%), from €1,038 to €13,959
of which Furniture and vehicles: +€9,456
- Deferred charges and accrued income +€2,247
up €2,247 (+170%), from €1,323 to €3,570
- Trade debts +€36,052
up €36,052 (+203%), from €17,727 to €53,779
- Reserves +€21,050
up €21,050 (+144%), from €14,600 to €35,650
of which Tax-exempt reserves: +€21,050
- Profit (loss) carried forward -€9,377
down €9,377 (-19.8%), from €47,414 to €38,037
- Tax, wage and social debts -€7,310
down €7,310 (-77.8%), from €9,400 to €2,090
- Gross operating margin -€21,351
down €21,351 (-52.8%), from €40,422 to €19,071
- Taxes -€4,429
down €4,429 (-46.9%), from €9,438 to €5,009
- Depreciation +€1,842
up €1,842 (+5,232%), from €35 to €1,877
- Other operating charges +€472
up €472 (+359%), from €132 to €604
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 | €90,985 | €131,355 | +€40,370 | +44.4% |
| Fixed assets | 21/28 | €5,622 | €18,542 | +€12,920 | +230% |
| Tangible fixed assets | 22/27 | €1,038 | €13,959 | +€12,920 | +1,244% |
| Plant, machinery and equipment | 23 | - | €1,235 | +€1,235 | |
| Furniture and vehicles | 24 | €1,038 | €10,494 | +€9,456 | +911% |
| Other tangible fixed assets | 26 | - | €2,230 | +€2,230 | |
| Financial fixed assets | 28 | €4,583 | €4,583 | = | 0.0% |
| Current assets | 29/58 | €85,363 | €112,813 | +€27,450 | +32.2% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,682 | €87,066 | +€64,383 | +284% |
| Trade receivables | 40 | €22,477 | €85,391 | +€62,914 | +280% |
| Other amounts receivable | 41 | €206 | €1,675 | +€1,470 | +715% |
| Cash at bank and in hand | 54/58 | €56,358 | €17,177 | -€39,181 | -69.5% |
| Deferred charges and accrued income | 490/1 | €1,323 | €3,570 | +€2,247 | +170% |
| Total equity and liabilities | 10/49 | €90,985 | €131,355 | +€40,370 | +44.4% |
| Equity | 10/15 | €63,514 | €75,187 | +€11,673 | +18.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €14,600 | €35,650 | +€21,050 | +144% |
| Tax-exempt reserves | 132 | - | €21,050 | +€21,050 | |
| Distributable reserves | 133 | €14,600 | €14,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,414 | €38,037 | -€9,377 | -19.8% |
| Amounts payable | 17/49 | €27,471 | €56,168 | +€28,698 | +104% |
| Amounts payable within one year | 42/48 | €27,127 | €56,168 | +€29,041 | +107% |
| Trade debts | 44 | €17,727 | €53,779 | +€36,052 | +203% |
| Suppliers | 440/4 | €17,727 | €53,779 | +€36,052 | +203% |
| Taxes, remuneration and social security | 45 | €9,400 | €2,090 | -€7,310 | -77.8% |
| Taxes | 450/3 | €9,400 | €2,090 | -€7,310 | -77.8% |
| Other amounts payable | 47/48 | - | €300 | +€300 | |
| Accrued charges and deferred income | 492/3 | €344 | - | -€344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35 | €1,877 | +€1,842 | +5,232% |
| Other operating charges | 640/8 | €132 | €604 | +€472 | +359% |
| Gross operating margin | 9900 | €40,422 | €19,071 | -€21,351 | -52.8% |
| Operating profit (loss) | 9901 | €40,255 | €16,590 | -€23,665 | -58.8% |
| Financial income | 75/76B | €293 | €276 | -€17 | -5.8% |
| Recurring financial income | 75 | €293 | €276 | -€17 | -5.8% |
| Financial charges | 65/66B | €148 | €184 | +€36 | +24.6% |
| Recurring financial charges | 65 | €148 | €184 | +€36 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €40,400 | €16,681 | -€23,719 | -58.7% |
| Income taxes | 67/77 | €9,438 | €5,009 | -€4,429 | -46.9% |
| Profit (loss) for the period | 9904 | €30,962 | €11,673 | -€19,289 | -62.3% |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,962 | -€9,377 | -€40,339 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.