D & KT: what changed
D & KT
Largest movements
- Receivables within one year +€5,311
new in 2025: €5,311
- Cash -€5,057
down €5,057 (-97.0%), from €5,212 to €155
mainly Net result for the year (-€19,811) and Receivables within one year (-€5,311)
- Tangible fixed assets -€2,665
down €2,665 (-25.0%), from €10,661 to €7,996
- Stocks and contracts -€552
down €552 (-17.6%), from €3,128 to €2,577
- Profit (loss) carried forward -€19,811
down €19,811 (-320%), from -€6,197 to -€26,008
- Other debts +€14,858
up €14,858 (+130%), from €11,452 to €26,311
- Tax, wage and social debts +€2,059
up €2,059 (+129%), from €1,595 to €3,654
- Gross operating margin -€17,974
down €17,974, from €3,087 to -€14,887
- Staff costs +€1,643
new in 2025: €1,643
- Financial charges +€245
up €245 (+98.5%), from €248 to €493
of which Non-recurring financial charges: +€190
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,611 | €16,526 | -€3,085 | -15.7% |
| Fixed assets | 21/28 | €11,270 | €8,483 | -€2,788 | -24.7% |
| Intangible fixed assets | 21 | €489 | €367 | -€122 | -25.0% |
| Tangible fixed assets | 22/27 | €10,661 | €7,996 | -€2,665 | -25.0% |
| Furniture and vehicles | 24 | €10,661 | €7,996 | -€2,665 | -25.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €8,340 | €8,043 | -€298 | -3.6% |
| Stocks and contracts in progress | 3 | €3,128 | €2,577 | -€552 | -17.6% |
| Stocks | 30/36 | €3,128 | €2,577 | -€552 | -17.6% |
| Amounts receivable within one year | 40/41 | - | €5,311 | +€5,311 | |
| Trade receivables | 40 | - | €5,311 | +€5,311 | |
| Cash at bank and in hand | 54/58 | €5,212 | €155 | -€5,057 | -97.0% |
| Total equity and liabilities | 10/49 | €19,611 | €16,526 | -€3,085 | -15.7% |
| Equity | 10/15 | €303 | -€19,508 | -€19,811 | |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Uncalled capital | 101 | €12,050 | €12,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,197 | -€26,008 | -€19,811 | -320% |
| Amounts payable | 17/49 | €19,308 | €36,034 | +€16,726 | +86.6% |
| Amounts payable within one year | 42/48 | €19,308 | €36,034 | +€16,726 | +86.6% |
| Trade debts | 44 | €6,261 | €6,069 | -€192 | -3.1% |
| Suppliers | 440/4 | €6,261 | €6,069 | -€192 | -3.1% |
| Taxes, remuneration and social security | 45 | €1,595 | €3,654 | +€2,059 | +129% |
| Taxes | 450/3 | €1,595 | €3,654 | +€2,059 | +129% |
| Other amounts payable | 47/48 | €11,452 | €26,311 | +€14,858 | +130% |
| Remuneration, social security and pensions | 62 | - | €1,643 | +€1,643 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,788 | €2,788 | = | 0.0% |
| Gross operating margin | 9900 | €3,087 | -€14,887 | -€17,974 | |
| Operating profit (loss) | 9901 | €299 | -€19,318 | -€19,617 | |
| Financial charges | 65/66B | €248 | €493 | +€245 | +98.5% |
| Recurring financial charges | 65 | €248 | €303 | +€55 | +22.0% |
| Non-recurring financial charges | 66B | - | €190 | +€190 | |
| Profit (loss) for the period before taxes | 9903 | €51 | -€19,811 | -€19,861 | |
| Profit (loss) for the period | 9904 | €51 | -€19,811 | -€19,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €51 | -€19,811 | -€19,861 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.