KONINCKX: 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.
KONINCKX
Largest movements
- Receivables within one year +€19,175
up €19,175 (+1,185%), from €1,618 to €20,793
of which Trade receivables: +€12,751
- Tangible fixed assets +€2,979
up €2,979 (+37.3%), from €7,997 to €10,976
of which Furniture and vehicles: +€5,075
- Cash +€2,965
new in 2025: €2,965
mainly Net result for the year (+€24,695) and Depreciation (+€4,399)
- Deferred charges and accrued income -€1,918
no longer reported in 2025 (was €1,918)
- Stocks and contracts -€1,515
down €1,515 (-19.3%), from €7,852 to €6,337
- Profit (loss) carried forward +€24,695
up €24,695 (+39.6%), from -€62,397 to -€37,702
- Short-term financial debts -€1,606
no longer reported in 2025 (was €1,606)
- Trade debts -€1,559
no longer reported in 2025 (was €1,559)
- Gross operating margin +€16,851
up €16,851 (+114%), from €14,802 to €31,653
- Depreciation +€1,585
up €1,585 (+56.3%), from €2,814 to €4,399
- Other operating charges +€1,337
up €1,337 (+106%), from €1,266 to €2,602
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 | €19,926 | €41,712 | +€21,786 | +109% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,537 | €11,616 | +€3,079 | +36.1% |
| Tangible fixed assets | 22/27 | €7,997 | €10,976 | +€2,979 | +37.3% |
| Land and buildings | 22 | €611 | €408 | -€204 | -33.3% |
| Plant, machinery and equipment | 23 | €5,788 | €3,895 | -€1,892 | -32.7% |
| Furniture and vehicles | 24 | €1,598 | €6,673 | +€5,075 | +318% |
| Financial fixed assets | 28 | €540 | €640 | +€100 | +18.5% |
| Current assets | 29/58 | €11,389 | €30,096 | +€18,707 | +164% |
| Stocks and contracts in progress | 3 | €7,852 | €6,337 | -€1,515 | -19.3% |
| Contracts in progress | 37 | €7,852 | €6,337 | -€1,515 | -19.3% |
| Amounts receivable within one year | 40/41 | €1,618 | €20,793 | +€19,175 | +1,185% |
| Trade receivables | 40 | €1,618 | €14,369 | +€12,751 | +788% |
| Other amounts receivable | 41 | - | €6,424 | +€6,424 | |
| Cash at bank and in hand | 54/58 | - | €2,965 | +€2,965 | |
| Deferred charges and accrued income | 490/1 | €1,918 | - | -€1,918 | |
| Total equity and liabilities | 10/49 | €19,926 | €41,712 | +€21,786 | +109% |
| Equity | 10/15 | -€13,410 | €11,284 | +€24,695 | |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €42,781 | €42,781 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,921 | €40,921 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,397 | -€37,702 | +€24,695 | +39.6% |
| Amounts payable | 17/49 | €33,336 | €30,428 | -€2,909 | -8.7% |
| Amounts payable within one year | 42/48 | €33,336 | €30,428 | -€2,909 | -8.7% |
| Financial debts | 43 | €1,606 | - | -€1,606 | |
| Credit institutions | 430/8 | €1,606 | - | -€1,606 | |
| Trade debts | 44 | €1,559 | - | -€1,559 | |
| Suppliers | 440/4 | €1,559 | - | -€1,559 | |
| Taxes, remuneration and social security | 45 | €1,582 | €1,668 | +€86 | +5.4% |
| Taxes | 450/3 | €1,282 | €1,668 | +€386 | +30.1% |
| Remuneration and social security | 454/9 | €300 | - | -€300 | |
| Other amounts payable | 47/48 | €28,589 | €28,760 | +€171 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,814 | €4,399 | +€1,585 | +56.3% |
| Other operating charges | 640/8 | €1,266 | €2,602 | +€1,337 | +106% |
| Gross operating margin | 9900 | €14,802 | €31,653 | +€16,851 | +114% |
| Operating profit (loss) | 9901 | €10,723 | €24,653 | +€13,930 | +130% |
| Financial income | 75/76B | €0 | €106 | +€106 | +265,900% |
| Recurring financial income | 75 | €0 | €106 | +€106 | +265,900% |
| Financial charges | 65/66B | €370 | €64 | -€306 | -82.6% |
| Recurring financial charges | 65 | €370 | €64 | -€306 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €10,353 | €24,695 | +€14,342 | +139% |
| Profit (loss) for the period | 9904 | €10,353 | €24,695 | +€14,342 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €10,353 | €24,695 | +€14,342 | +139% |
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 22 October 2026 via checked.be.