Kplus: what changed
Two fiscal 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.
Kplus
Largest movements
- Cash +€26,775
up €26,775 (+101.9%), from €26,275 to €53,049
mainly Net result for the year (+€71,056) and Depreciation (+€28,729)
- Receivables after one year +€20,800
up €20,800 (+80.9%), from €25,700 to €46,500
- Receivables within one year +€8,410
up €8,410 (+16.6%), from €50,737 to €59,147
of which Trade receivables: +€8,565
- Tangible fixed assets +€4,473
up €4,473 (+2.6%), from €171,830 to €176,303
of which Furniture and vehicles: +€6,192
- Reserves +€59,056
up €59,056 (+27.8%), from €212,246 to €271,303
- Trade debts +€27,233
up €27,233 (+837.7%), from €3,251 to €30,484
- Debts after one year -€23,312
down €23,312 (-35.1%), from €66,376 to €43,063
- Depreciation +€10,000
up €10,000 (+53.4%), from €18,729 to €28,729
- Gross operating margin +€4,397
up €4,397 (+3.4%), from €128,547 to €132,944
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €375,926 | €436,995 | +€61,069 | +16.2% |
| Fixed assets | 21/28 | €171,830 | €176,303 | +€4,473 | +2.6% |
| Tangible fixed assets | 22/27 | €171,830 | €176,303 | +€4,473 | +2.6% |
| Furniture and vehicles | 24 | €48,068 | €54,260 | +€6,192 | +12.9% |
| Other tangible fixed assets | 26 | €123,762 | €122,043 | -€1,719 | -1.4% |
| Current assets | 29/58 | €204,096 | €260,692 | +€56,596 | +27.7% |
| Amounts receivable after more than one year | 29 | €25,700 | €46,500 | +€20,800 | +80.9% |
| Other amounts receivable | 291 | €25,700 | €46,500 | +€20,800 | +80.9% |
| Stocks and contracts in progress | 3 | €101,000 | €101,000 | = | 0.0% |
| Stocks | 30/36 | €101,000 | €101,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,737 | €59,147 | +€8,410 | +16.6% |
| Trade receivables | 40 | €41,520 | €50,084 | +€8,565 | +20.6% |
| Other amounts receivable | 41 | €9,217 | €9,063 | -€154 | -1.7% |
| Cash at bank and in hand | 54/58 | €26,275 | €53,049 | +€26,775 | +101.9% |
| Deferred charges and accrued income | 490/1 | €385 | €995 | +€611 | +158.8% |
| Total equity and liabilities | 10/49 | €375,926 | €436,995 | +€61,069 | +16.2% |
| Equity | 10/15 | €230,846 | €289,903 | +€59,056 | +25.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,246 | €271,303 | +€59,056 | +27.8% |
| Distributable reserves | 133 | €212,246 | €271,303 | +€59,056 | +27.8% |
| Amounts payable | 17/49 | €145,080 | €147,092 | +€2,013 | +1.4% |
| Amounts payable after more than one year | 17 | €66,376 | €43,063 | -€23,312 | -35.1% |
| Financial debts | 170/4 | €66,376 | €43,063 | -€23,312 | -35.1% |
| Amounts payable within one year | 42/48 | €75,154 | €101,479 | +€26,325 | +35.0% |
| Current portion of amounts payable after more than one year | 42 | €21,816 | €22,438 | +€623 | +2.9% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Other loans | 439 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €3,251 | €30,484 | +€27,233 | +837.7% |
| Suppliers | 440/4 | €3,251 | €30,484 | +€27,233 | +837.7% |
| Taxes, remuneration and social security | 45 | €7,464 | €5,520 | -€1,944 | -26.1% |
| Taxes | 450/3 | €6,464 | €4,520 | -€1,944 | -30.1% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €12,623 | €13,037 | +€413 | +3.3% |
| Accrued charges and deferred income | 492/3 | €3,550 | €2,550 | -€1,000 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,729 | €28,729 | +€10,000 | +53.4% |
| Other operating charges | 640/8 | €929 | €913 | -€16 | -1.7% |
| Gross operating margin | 9900 | €128,547 | €132,944 | +€4,397 | +3.4% |
| Operating profit (loss) | 9901 | €108,890 | €103,302 | -€5,588 | -5.1% |
| Financial income | 75/76B | €17 | €64 | +€47 | +269.7% |
| Recurring financial income | 75 | €17 | €64 | +€47 | +269.7% |
| Financial charges | 65/66B | €2,757 | €3,760 | +€1,003 | +36.4% |
| Recurring financial charges | 65 | €2,757 | €3,760 | +€1,003 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €106,150 | €99,606 | -€6,544 | -6.2% |
| Income taxes | 67/77 | €27,472 | €28,549 | +€1,077 | +3.9% |
| Profit (loss) for the period | 9904 | €78,678 | €71,056 | -€7,621 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €78,678 | €71,056 | -€7,621 | -9.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.