KONG: 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.
KONG
Largest movements
- Receivables within one year +€10,620
up €10,620 (+22.9%), from €46,427 to €57,047
of which Trade receivables: +€6,573
- Cash +€4,904
up €4,904 (+58.9%), from €8,333 to €13,237
mainly Net result for the year (+€70,033) and Depreciation (+€40,944)
- Tangible fixed assets -€3,109
down €3,109 (-1.9%), from €167,881 to €164,772
of which Leasing and similar rights: -€15,745
- Profit (loss) carried forward +€70,033
up €70,033 (+49.2%), from -€142,321 to -€72,288
- Trade debts -€45,359
down €45,359 (-42.5%), from €106,762 to €61,403
- Other debts -€36,896
down €36,896 (-100%), from €36,896 to €0
- Tax, wage and social debts +€23,851
up €23,851 (+480%), from €4,965 to €28,817
of which Taxes: +€21,396
- Current portion of long-term debt +€12,093
up €12,093 (+16.5%), from €73,390 to €85,483
- Gross operating margin +€154,274
up €154,274 (+154%), from €100,031 to €254,304
- Staff costs +€39,496
up €39,496 (+54.3%), from €72,700 to €112,196
- Depreciation +€12,612
up €12,612 (+44.5%), from €28,332 to €40,944
- Financial charges +€9,602
up €9,602 (+116%), from €8,287 to €17,890
- Other operating charges -€3,859
down €3,859 (-21.2%), from €18,222 to €14,363
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 | €222,640 | €235,056 | +€12,415 | +5.6% |
| Fixed assets | 21/28 | €167,881 | €164,772 | -€3,109 | -1.9% |
| Tangible fixed assets | 22/27 | €167,881 | €164,772 | -€3,109 | -1.9% |
| Land and buildings | 22 | €62,046 | €54,289 | -€7,757 | -12.5% |
| Plant, machinery and equipment | 23 | €40,922 | €62,925 | +€22,003 | +53.8% |
| Furniture and vehicles | 24 | €2,968 | €1,359 | -€1,610 | -54.2% |
| Leasing and similar rights | 25 | €61,944 | €46,199 | -€15,745 | -25.4% |
| Current assets | 29/58 | €54,760 | €70,284 | +€15,524 | +28.3% |
| Amounts receivable within one year | 40/41 | €46,427 | €57,047 | +€10,620 | +22.9% |
| Trade receivables | 40 | €12,459 | €19,032 | +€6,573 | +52.8% |
| Other amounts receivable | 41 | €33,968 | €38,015 | +€4,047 | +11.9% |
| Cash at bank and in hand | 54/58 | €8,333 | €13,237 | +€4,904 | +58.9% |
| Total equity and liabilities | 10/49 | €222,640 | €235,056 | +€12,415 | +5.6% |
| Equity | 10/15 | -€110,071 | -€40,038 | +€70,033 | +63.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €7,250 | €7,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,250 | €1,250 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,321 | -€72,288 | +€70,033 | +49.2% |
| Amounts payable | 17/49 | €332,712 | €275,094 | -€57,618 | -17.3% |
| Amounts payable after more than one year | 17 | €107,105 | €99,391 | -€7,714 | -7.2% |
| Financial debts | 170/4 | €107,105 | €99,391 | -€7,714 | -7.2% |
| Amounts payable within one year | 42/48 | €225,607 | €175,703 | -€49,904 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €73,390 | €85,483 | +€12,093 | +16.5% |
| Financial debts | 43 | €3,593 | €0 | -€3,593 | -100% |
| Credit institutions | 430/8 | €3,593 | €0 | -€3,593 | -100% |
| Trade debts | 44 | €106,762 | €61,403 | -€45,359 | -42.5% |
| Suppliers | 440/4 | €106,762 | €61,403 | -€45,359 | -42.5% |
| Taxes, remuneration and social security | 45 | €4,965 | €28,817 | +€23,851 | +480% |
| Taxes | 450/3 | €714 | €22,111 | +€21,396 | +2,996% |
| Remuneration and social security | 454/9 | €4,251 | €6,706 | +€2,455 | +57.8% |
| Other amounts payable | 47/48 | €36,896 | €0 | -€36,896 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €72,700 | €112,196 | +€39,496 | +54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,332 | €40,944 | +€12,612 | +44.5% |
| Other operating charges | 640/8 | €18,222 | €14,363 | -€3,859 | -21.2% |
| Gross operating margin | 9900 | €100,031 | €254,304 | +€154,274 | +154% |
| Operating profit (loss) | 9901 | -€19,223 | €86,802 | +€106,025 | |
| Financial income | 75/76B | €701 | €1,368 | +€667 | +95.2% |
| Recurring financial income | 75 | €701 | €1,368 | +€667 | +95.2% |
| Financial charges | 65/66B | €8,287 | €17,890 | +€9,602 | +116% |
| Recurring financial charges | 65 | €8,287 | €17,890 | +€9,602 | +116% |
| Profit (loss) for the period before taxes | 9903 | -€26,809 | €70,280 | +€97,090 | |
| Income taxes | 67/77 | €355 | €247 | -€108 | -30.4% |
| Profit (loss) for the period | 9904 | -€27,164 | €70,033 | +€97,198 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,164 | €70,033 | +€97,198 |
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 15 October 2026 via checked.be.