CHICKEN-BOY KURT: 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.
CHICKEN-BOY KURT
Largest movements
- Cash +€48,846
up €48,846 (+42.8%), from €114,172 to €163,018
mainly Net result for the year (+€68,219) and Other debts (+€53,495)
- Receivables within one year +€6,064
up €6,064 (+20.6%), from €29,506 to €35,571
of which Other amounts receivable: +€5,096
- Other debts +€53,495
up €53,495 (+2,627%), from €2,036 to €55,531
- Reserves -€11,657
down €11,657 (-7.4%), from €157,471 to €145,814
of which Distributable reserves: -€9,797
- Tax, wage and social debts +€10,522
up €10,522 (+215%), from €4,897 to €15,419
- Trade debts +€2,655
new in 2025: €2,655
- Gross operating margin +€25,030
up €25,030 (+35.8%), from €70,009 to €95,039
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 | €170,604 | €225,619 | +€55,015 | +32.2% |
| Fixed assets | 21/28 | €11,493 | €10,780 | -€713 | -6.2% |
| Tangible fixed assets | 22/27 | €11,493 | €10,780 | -€713 | -6.2% |
| Plant, machinery and equipment | 23 | €10,589 | €10,292 | -€297 | -2.8% |
| Furniture and vehicles | 24 | €905 | €488 | -€416 | -46.0% |
| Current assets | 29/58 | €159,111 | €214,839 | +€55,728 | +35.0% |
| Amounts receivable after more than one year | 29 | €11,405 | €11,405 | = | 0.0% |
| Other amounts receivable | 291 | €11,405 | €11,405 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,735 | €3,046 | -€690 | -18.5% |
| Stocks | 30/36 | €3,735 | €3,046 | -€690 | -18.5% |
| Amounts receivable within one year | 40/41 | €29,506 | €35,571 | +€6,064 | +20.6% |
| Trade receivables | 40 | - | €968 | +€968 | |
| Other amounts receivable | 41 | €29,506 | €34,603 | +€5,096 | +17.3% |
| Cash at bank and in hand | 54/58 | €114,172 | €163,018 | +€48,846 | +42.8% |
| Deferred charges and accrued income | 490/1 | €293 | €1,800 | +€1,507 | +515% |
| Total equity and liabilities | 10/49 | €170,604 | €225,619 | +€55,015 | +32.2% |
| Equity | 10/15 | €163,671 | €152,014 | -€11,657 | -7.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157,471 | €145,814 | -€11,657 | -7.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €155,611 | €145,814 | -€9,797 | -6.3% |
| Amounts payable | 17/49 | €6,933 | €73,605 | +€66,672 | +962% |
| Amounts payable within one year | 42/48 | €6,933 | €73,605 | +€66,672 | +962% |
| Trade debts | 44 | - | €2,655 | +€2,655 | |
| Suppliers | 440/4 | - | €2,655 | +€2,655 | |
| Taxes, remuneration and social security | 45 | €4,897 | €15,419 | +€10,522 | +215% |
| Taxes | 450/3 | €4,897 | €15,419 | +€10,522 | +215% |
| Other amounts payable | 47/48 | €2,036 | €55,531 | +€53,495 | +2,627% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,222 | €5,098 | +€875 | +20.7% |
| Other operating charges | 640/8 | €1,825 | €1,629 | -€195 | -10.7% |
| Gross operating margin | 9900 | €70,009 | €95,039 | +€25,030 | +35.8% |
| Operating profit (loss) | 9901 | €63,962 | €88,312 | +€24,350 | +38.1% |
| Financial income | 75/76B | €939 | €757 | -€182 | -19.4% |
| Recurring financial income | 75 | €939 | €757 | -€182 | -19.4% |
| Financial charges | 65/66B | €3,146 | €3,119 | -€26 | -0.8% |
| Recurring financial charges | 65 | €3,146 | €3,119 | -€26 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €61,756 | €85,950 | +€24,194 | +39.2% |
| Income taxes | 67/77 | €17,681 | €17,731 | +€49 | +0.3% |
| Profit (loss) for the period | 9904 | €44,075 | €68,219 | +€24,145 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,075 | €68,219 | +€24,145 | +54.8% |
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 26 October 2026 via checked.be.