KONINGS: 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.
KONINGS
Largest movements
- Tangible fixed assets +€14,272
up €14,272 (+125.2%), from €11,404 to €25,676
of which Furniture and vehicles: +€16,325
- Stocks and contracts +€7,500
up €7,500 (+12.2%), from €61,500 to €69,000
- Receivables within one year -€2,608
down €2,608 (-34.0%), from €7,672 to €5,064
of which Trade receivables: -€2,608
- Cash -€1,223
down €1,223 (-26.0%), from €4,704 to €3,481
mainly Net result for the year (-€31,599) and Investment in fixed assets (net) (-€21,278)
- Other debts +€46,359
up €46,359 (+13.7%), from €338,348 to €384,707
- Profit (loss) carried forward -€31,599
down €31,599 (-11.6%), from -€272,461 to -€304,061
- Trade debts +€4,084
up €4,084 (+90.4%), from €4,519 to €8,603
- Tax, wage and social debts -€1,186
down €1,186 (-15.3%), from €7,762 to €6,575
of which Remuneration and social security: -€2,032
- Staff costs -€25,673
down €25,673 (-49.2%), from €52,215 to €26,541
- Gross operating margin -€17,258
down €17,258 (-86.7%), from €19,911 to €2,653
- Depreciation +€3,715
up €3,715 (+112.9%), from €3,290 to €7,006
- Financial income -€376
down €376 (-100.0%), from €376 to €0
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.
Cash bridge derived
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 | €86,224 | €103,881 | +€17,657 | +20.5% |
| Fixed assets | 21/28 | €11,539 | €25,811 | +€14,272 | +123.7% |
| Tangible fixed assets | 22/27 | €11,404 | €25,676 | +€14,272 | +125.2% |
| Land and buildings | 22 | €9,032 | €6,995 | -€2,037 | -22.6% |
| Plant, machinery and equipment | 23 | €2,170 | €2,154 | -€16 | -0.7% |
| Furniture and vehicles | 24 | €202 | €16,527 | +€16,325 | +8066.1% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €74,685 | €78,070 | +€3,385 | +4.5% |
| Stocks and contracts in progress | 3 | €61,500 | €69,000 | +€7,500 | +12.2% |
| Stocks | 30/36 | €61,500 | €69,000 | +€7,500 | +12.2% |
| Amounts receivable within one year | 40/41 | €7,672 | €5,064 | -€2,608 | -34.0% |
| Trade receivables | 40 | €7,672 | €5,064 | -€2,608 | -34.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,704 | €3,481 | -€1,223 | -26.0% |
| Deferred charges and accrued income | 490/1 | €809 | €525 | -€284 | -35.1% |
| Total equity and liabilities | 10/49 | €86,224 | €103,881 | +€17,657 | +20.5% |
| Equity | 10/15 | -€264,405 | -€296,004 | -€31,599 | -12.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€272,461 | -€304,061 | -€31,599 | -11.6% |
| Amounts payable | 17/49 | €350,629 | €399,885 | +€49,256 | +14.0% |
| Amounts payable within one year | 42/48 | €350,629 | €399,885 | +€49,256 | +14.0% |
| Trade debts | 44 | €4,519 | €8,603 | +€4,084 | +90.4% |
| Suppliers | 440/4 | €4,519 | €8,603 | +€4,084 | +90.4% |
| Taxes, remuneration and social security | 45 | €7,762 | €6,575 | -€1,186 | -15.3% |
| Taxes | 450/3 | €1,202 | €2,047 | +€845 | +70.3% |
| Remuneration and social security | 454/9 | €6,560 | €4,528 | -€2,032 | -31.0% |
| Other amounts payable | 47/48 | €338,348 | €384,707 | +€46,359 | +13.7% |
| Remuneration, social security and pensions | 62 | €52,215 | €26,541 | -€25,673 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,290 | €7,006 | +€3,715 | +112.9% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €19,911 | €2,653 | -€17,258 | -86.7% |
| Operating profit (loss) | 9901 | -€36,163 | -€31,479 | +€4,684 | +13.0% |
| Financial income | 75/76B | €376 | €0 | -€376 | -100.0% |
| Recurring financial income | 75 | €376 | €0 | -€376 | -100.0% |
| Financial charges | 65/66B | €104 | €120 | +€16 | +15.6% |
| Recurring financial charges | 65 | €104 | €120 | +€16 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | -€35,892 | -€31,599 | +€4,293 | +12.0% |
| Profit (loss) for the period | 9904 | -€35,892 | -€31,599 | +€4,293 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,892 | -€31,599 | +€4,293 | +12.0% |
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 10 October 2026 via checked.be.