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
- Cash -€6,871
down €6,871 (-12.7%), from €53,979 to €47,108
mainly Tax, wage and social debts (-€4,049) and Trade debts (-€3,827)
- Tangible fixed assets -€4,707
down €4,707 (-62.2%), from €7,567 to €2,860
of which Land and buildings: -€2,914
- Financial fixed assets -€2,498
down €2,498 (-100%), from €2,498 to €0
- Tax, wage and social debts -€4,049
down €4,049 (-100%), from €4,049 to €0
of which Taxes: -€4,049
- Trade debts -€3,827
down €3,827 (-56.0%), from €6,836 to €3,009
- Profit (loss) carried forward -€3,796
down €3,796 (-19.8%), from €19,186 to €15,389
- Other debts -€2,099
down €2,099 (-100%), from €2,099 to €0
- Gross operating margin -€22,433
down €22,433 (-75.5%), from €29,713 to €7,280
- Depreciation -€5,428
down €5,428 (-63.0%), from €8,618 to €3,190
- Other operating charges +€2,598
up €2,598 (+88.4%), from €2,939 to €5,537
- Taxes -€1,580
down €1,580 (-100%), from €1,580 to €0
- Financial charges +€868
up €868 (+144%), from €602 to €1,470
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 | €68,870 | €55,099 | -€13,771 | -20.0% |
| Fixed assets | 21/28 | €10,064 | €2,860 | -€7,204 | -71.6% |
| Tangible fixed assets | 22/27 | €7,567 | €2,860 | -€4,707 | -62.2% |
| Land and buildings | 22 | €5,496 | €2,582 | -€2,914 | -53.0% |
| Furniture and vehicles | 24 | €2,071 | €278 | -€1,793 | -86.6% |
| Financial fixed assets | 28 | €2,498 | €0 | -€2,498 | -100% |
| Current assets | 29/58 | €58,806 | €52,239 | -€6,567 | -11.2% |
| Amounts receivable within one year | 40/41 | €1,552 | €1,731 | +€179 | +11.5% |
| Trade receivables | 40 | €1,552 | €910 | -€643 | -41.4% |
| Other amounts receivable | 41 | €0 | €821 | +€821 | |
| Cash at bank and in hand | 54/58 | €53,979 | €47,108 | -€6,871 | -12.7% |
| Deferred charges and accrued income | 490/1 | €3,275 | €3,400 | +€126 | +3.8% |
| Total equity and liabilities | 10/49 | €68,870 | €55,099 | -€13,771 | -20.0% |
| Equity | 10/15 | €55,886 | €52,089 | -€3,796 | -6.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €17,700 | €17,700 | = | 0.0% |
| Distributable reserves | 133 | €17,700 | €17,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,186 | €15,389 | -€3,796 | -19.8% |
| Amounts payable | 17/49 | €12,984 | €3,009 | -€9,975 | -76.8% |
| Amounts payable within one year | 42/48 | €12,984 | €3,009 | -€9,975 | -76.8% |
| Trade debts | 44 | €6,836 | €3,009 | -€3,827 | -56.0% |
| Suppliers | 440/4 | €6,836 | €3,009 | -€3,827 | -56.0% |
| Taxes, remuneration and social security | 45 | €4,049 | €0 | -€4,049 | -100% |
| Taxes | 450/3 | €4,049 | €0 | -€4,049 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,099 | €0 | -€2,099 | -100% |
| Non-recurring operating income | 76A | - | €7,068 | +€7,068 | |
| Remuneration, social security and pensions | 62 | €140 | €150 | +€10 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,618 | €3,190 | -€5,428 | -63.0% |
| Other operating charges | 640/8 | €2,939 | €5,537 | +€2,598 | +88.4% |
| Non-recurring operating charges | 66A | - | €730 | +€730 | |
| Gross operating margin | 9900 | €29,713 | €7,280 | -€22,433 | -75.5% |
| Operating profit (loss) | 9901 | €18,017 | -€2,326 | -€20,343 | |
| Financial charges | 65/66B | €602 | €1,470 | +€868 | +144% |
| Recurring financial charges | 65 | €602 | €1,470 | +€868 | +144% |
| Profit (loss) for the period before taxes | 9903 | €17,415 | -€3,796 | -€21,211 | |
| Income taxes | 67/77 | €1,580 | €0 | -€1,580 | -100% |
| Profit (loss) for the period | 9904 | €15,835 | -€3,796 | -€19,631 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,835 | -€3,796 | -€19,631 |
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 20 October 2026 via checked.be.