KS4: 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.
KS4
Largest movements
- Receivables within one year +€4,994
up €4,994 (+49.0%), from €10,188 to €15,182
of which Trade receivables: +€3,887
- Cash +€4,067
up €4,067 (+95.9%), from €4,242 to €8,309
mainly Net result for the year (+€62,854) and Trade debts (+€6,977)
- Profit (loss) carried forward +€62,854
up €62,854 (+88.3%), from -€71,159 to -€8,305
- Other debts -€58,182
down €58,182 (-93.8%), from €62,047 to €3,865
- Trade debts +€6,977
up €6,977 (+111.6%), from €6,254 to €13,231
- Tax, wage and social debts -€2,588
no longer reported in 2025 (was €2,588)
- Gross operating margin +€40,767
up €40,767 (+179.3%), from €22,742 to €63,509
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 | €15,030 | €24,091 | +€9,061 | +60.3% |
| Fixed assets | 21/28 | €600 | €600 | = | 0.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €14,430 | €23,491 | +€9,061 | +62.8% |
| Amounts receivable within one year | 40/41 | €10,188 | €15,182 | +€4,994 | +49.0% |
| Trade receivables | 40 | €6,988 | €10,875 | +€3,887 | +55.6% |
| Other amounts receivable | 41 | €3,200 | €4,307 | +€1,107 | +34.6% |
| Cash at bank and in hand | 54/58 | €4,242 | €8,309 | +€4,067 | +95.9% |
| Total equity and liabilities | 10/49 | €15,030 | €24,091 | +€9,061 | +60.3% |
| Equity | 10/15 | -€55,859 | €6,995 | +€62,854 | |
| Contributions | 10/11 | €15,200 | €15,200 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,159 | -€8,305 | +€62,854 | +88.3% |
| Amounts payable | 17/49 | €70,889 | €17,096 | -€53,793 | -75.9% |
| Amounts payable within one year | 42/48 | €70,889 | €17,096 | -€53,793 | -75.9% |
| Trade debts | 44 | €6,254 | €13,231 | +€6,977 | +111.6% |
| Suppliers | 440/4 | €6,254 | €13,231 | +€6,977 | +111.6% |
| Taxes, remuneration and social security | 45 | €2,588 | - | -€2,588 | |
| Taxes | 450/3 | €2,588 | - | -€2,588 | |
| Other amounts payable | 47/48 | €62,047 | €3,865 | -€58,182 | -93.8% |
| Other operating charges | 640/8 | - | €412 | +€412 | |
| Gross operating margin | 9900 | €22,742 | €63,509 | +€40,767 | +179.3% |
| Operating profit (loss) | 9901 | €22,742 | €63,097 | +€40,355 | +177.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €151 | €243 | +€92 | +60.9% |
| Recurring financial charges | 65 | €151 | €243 | +€92 | +60.9% |
| Profit (loss) for the period before taxes | 9903 | €22,594 | €62,854 | +€40,260 | +178.2% |
| Profit (loss) for the period | 9904 | €22,594 | €62,854 | +€40,260 | +178.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,594 | €62,854 | +€40,260 | +178.2% |
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 9 October 2026 via checked.be.