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Dr KS: 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.

What changed

Dr KS

BE 0801.205.152
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,779
2024 · €61,764-€46,985
Equity
€114,478
2024 · €99,700+€14,779
Cash
€116,039
2024 · €125,650-€9,611
Balance sheet total
€128,667
2024 · €138,630-€9,963

Largest movements

2024 to 2025
Assets
  • Cash -€9,611

    down €9,611 (-7.6%), from €125,650 to €116,039

    mainly Tax, wage and social debts (-€25,844) and Investment in fixed assets (net) (-€3,616)

  • Tangible fixed assets +€2,843

    up €2,843 (+399.3%), from €712 to €3,555

  • Deferred charges and accrued income -€2,825

    down €2,825 (-67.6%), from €4,180 to €1,355

Equity and liabilities
  • Tax, wage and social debts -€25,844

    down €25,844 (-67.4%), from €38,367 to €12,523

    of which Taxes: -€23,144

  • Reserves +€14,700

    up €14,700 (+42.1%), from €34,936 to €49,636

Income statement
  • Gross operating margin -€52,477

    down €52,477 (-67.3%), from €78,021 to €25,543

  • Taxes -€8,876

    down €8,876 (-55.5%), from €16,000 to €7,123

  • Financial charges +€3,271

    up €3,271 (+2306.2%), from €142 to €3,412

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €61,764
Gross operating margin -€52,477
Depreciation -€361
Financial income +€247
Financial charges -€3,271
Taxes +€8,876
Result 2025 €14,779

Cash bridge derived

cash 2024 to 2025

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.

From operations -€5,995
Investment -€3,616
Financing €0
Cash 2024 €125,650
Net result for the year +€14,779
Depreciation +€773
Receivables within one year +€370
Deferred charges and accrued income +€2,825
Trade debts +€1,102
Tax, wage and social debts -€25,844
Investment in fixed assets (net) -€3,616
Cash 2025 €116,039
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €138,630 €128,667 -€9,963 -7.2%
Fixed assets 21/28 €712 €3,555 +€2,843 +399.3%
Tangible fixed assets 22/27 €712 €3,555 +€2,843 +399.3%
Furniture and vehicles 24 €712 €3,555 +€2,843 +399.3%
Current assets 29/58 €137,918 €125,111 -€12,807 -9.3%
Amounts receivable within one year 40/41 €8,088 €7,718 -€370 -4.6%
Other amounts receivable 41 €8,088 €7,718 -€370 -4.6%
Cash at bank and in hand 54/58 €125,650 €116,039 -€9,611 -7.6%
Deferred charges and accrued income 490/1 €4,180 €1,355 -€2,825 -67.6%
Total equity and liabilities 10/49 €138,630 €128,667 -€9,963 -7.2%
Equity 10/15 €99,700 €114,478 +€14,779 +14.8%
Contributions 10/11 €3,000 €3,000 = 0.0%
Outside capital 11 €3,000 €3,000 = 0.0%
Other 1109/19 €3,000 €3,000 = 0.0%
Reserves 13 €34,936 €49,636 +€14,700 +42.1%
Distributable reserves 133 €34,936 €49,636 +€14,700 +42.1%
Profit (loss) carried forward 14 €61,764 €61,842 +€79 +0.1%
Amounts payable 17/49 €38,930 €14,188 -€24,742 -63.6%
Amounts payable within one year 42/48 €38,930 €14,188 -€24,742 -63.6%
Trade debts 44 €563 €1,665 +€1,102 +195.7%
Suppliers 440/4 €563 €1,665 +€1,102 +195.7%
Taxes, remuneration and social security 45 €38,367 €12,523 -€25,844 -67.4%
Taxes 450/3 €30,267 €7,123 -€23,144 -76.5%
Remuneration and social security 454/9 €8,100 €5,400 -€2,700 -33.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €412 €773 +€361 +87.5%
Gross operating margin 9900 €78,021 €25,543 -€52,477 -67.3%
Operating profit (loss) 9901 €77,609 €24,771 -€52,838 -68.1%
Financial income 75/76B €297 €544 +€247 +83.2%
Recurring financial income 75 €297 €544 +€247 +83.2%
Financial charges 65/66B €142 €3,412 +€3,271 +2306.2%
Recurring financial charges 65 €142 €3,412 +€3,271 +2306.2%
Profit (loss) for the period before taxes 9903 €77,763 €21,902 -€55,861 -71.8%
Income taxes 67/77 €16,000 €7,123 -€8,876 -55.5%
Profit (loss) for the period 9904 €61,764 €14,779 -€46,985 -76.1%
Profit (loss) for the period to be appropriated 9905 €61,764 €14,779 -€46,985 -76.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.