K.D.: 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.
K.D.
Largest movements
- Cash +€534
up €534 (+173.0%), from €309 to €843
mainly Tax, wage and social debts (+€476) and Net result for the year (+€385)
- Deferred charges and accrued income -€155
no longer reported in 2025 (was €155)
- Tax, wage and social debts +€476
up €476 (+24.0%), from €1,981 to €2,457
- Other debts -€397
down €397 (-85.8%), from €462 to €66
- Profit (loss) carried forward +€385
up €385 (+7.2%), from -€5,374 to -€4,989
- Short-term financial debts -€140
down €140 (-49.3%), from €284 to €144
- Gross operating margin -€2,273
down €2,273 (-58.7%), from €3,872 to €1,599
- Taxes -€650
down €650 (-53.3%), from €1,220 to €570
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 | €3,740 | €4,092 | +€351 | +9.4% |
| Current assets | 29/58 | €3,740 | €4,092 | +€351 | +9.4% |
| Amounts receivable within one year | 40/41 | €3,276 | €3,249 | -€28 | -0.8% |
| Trade receivables | 40 | €3,244 | €3,249 | +€5 | +0.1% |
| Other amounts receivable | 41 | €32 | - | -€32 | |
| Cash at bank and in hand | 54/58 | €309 | €843 | +€534 | +173.0% |
| Deferred charges and accrued income | 490/1 | €155 | - | -€155 | |
| Total equity and liabilities | 10/49 | €3,740 | €4,092 | +€351 | +9.4% |
| Equity | 10/15 | €826 | €1,211 | +€385 | +46.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,374 | -€4,989 | +€385 | +7.2% |
| Amounts payable | 17/49 | €2,914 | €2,881 | -€33 | -1.1% |
| Amounts payable within one year | 42/48 | €2,914 | €2,881 | -€33 | -1.1% |
| Financial debts | 43 | €284 | €144 | -€140 | -49.3% |
| Credit institutions | 430/8 | €284 | €144 | -€140 | -49.3% |
| Trade debts | 44 | €187 | €214 | +€27 | +14.6% |
| Suppliers | 440/4 | €187 | €214 | +€27 | +14.6% |
| Taxes, remuneration and social security | 45 | €1,981 | €2,457 | +€476 | +24.0% |
| Taxes | 450/3 | €1,981 | €2,457 | +€476 | +24.0% |
| Other amounts payable | 47/48 | €462 | €66 | -€397 | -85.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €3,872 | €1,599 | -€2,273 | -58.7% |
| Operating profit (loss) | 9901 | €3,367 | €1,079 | -€2,288 | -68.0% |
| Financial charges | 65/66B | €137 | €125 | -€12 | -8.8% |
| Recurring financial charges | 65 | €137 | €125 | -€12 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €3,230 | €955 | -€2,276 | -70.5% |
| Income taxes | 67/77 | €1,220 | €570 | -€650 | -53.3% |
| Profit (loss) for the period | 9904 | €2,010 | €385 | -€1,626 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,010 | €385 | -€1,626 | -80.9% |
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 1 October 2026 via checked.be.