K.D. ENGINEERING: 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. ENGINEERING
Largest movements
- Tangible fixed assets -€6,720
down €6,720 (-4.7%), from €143,342 to €136,623
of which Land and buildings: -€6,281
- Reserves -€25,009
down €25,009 (-26.6%), from €93,891 to €68,883
- Other debts +€16,543
up €16,543 (+57.0%), from €29,001 to €45,545
- Gross operating margin -€1,230
down €1,230 (-9.6%), from -€12,862 to -€14,092
- Depreciation -€843
down €843 (-11.1%), from €7,563 to €6,720
- Financial income -€693
down €693 (-100.0%), from €693 to €0
- Other operating charges +€256
up €256 (+10.2%), from €2,516 to €2,772
- Financial charges +€229
up €229 (+19.2%), from €1,195 to €1,425
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 | €154,819 | €147,406 | -€7,413 | -4.8% |
| Fixed assets | 21/28 | €146,367 | €139,647 | -€6,720 | -4.6% |
| Tangible fixed assets | 22/27 | €143,342 | €136,623 | -€6,720 | -4.7% |
| Land and buildings | 22 | €142,904 | €136,623 | -€6,281 | -4.4% |
| Furniture and vehicles | 24 | €439 | €0 | -€439 | -100.0% |
| Financial fixed assets | 28 | €3,025 | €3,025 | = | 0.0% |
| Current assets | 29/58 | €8,452 | €7,758 | -€693 | -8.2% |
| Amounts receivable within one year | 40/41 | €7,853 | €7,186 | -€667 | -8.5% |
| Trade receivables | 40 | €7,853 | €6,924 | -€930 | -11.8% |
| Other amounts receivable | 41 | - | €262 | +€262 | |
| Cash at bank and in hand | 54/58 | €599 | €374 | -€225 | -37.6% |
| Deferred charges and accrued income | 490/1 | €0 | €199 | +€199 | |
| Total equity and liabilities | 10/49 | €154,819 | €147,406 | -€7,413 | -4.8% |
| Equity | 10/15 | €112,891 | €87,883 | -€25,009 | -22.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €93,891 | €68,883 | -€25,009 | -26.6% |
| Distributable reserves | 133 | €93,891 | €68,883 | -€25,009 | -26.6% |
| Amounts payable | 17/49 | €41,928 | €59,523 | +€17,596 | +42.0% |
| Amounts payable after more than one year | 17 | €11,335 | €11,995 | +€660 | +5.8% |
| Other amounts payable | 178/9 | €11,335 | €11,995 | +€660 | +5.8% |
| Amounts payable within one year | 42/48 | €30,593 | €47,528 | +€16,935 | +55.4% |
| Trade debts | 44 | €757 | €1,691 | +€934 | +123.3% |
| Suppliers | 440/4 | €757 | €1,691 | +€934 | +123.3% |
| Taxes, remuneration and social security | 45 | €834 | €293 | -€542 | -64.9% |
| Taxes | 450/3 | €834 | €293 | -€542 | -64.9% |
| Other amounts payable | 47/48 | €29,001 | €45,545 | +€16,543 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,563 | €6,720 | -€843 | -11.1% |
| Other operating charges | 640/8 | €2,516 | €2,772 | +€256 | +10.2% |
| Gross operating margin | 9900 | -€12,862 | -€14,092 | -€1,230 | -9.6% |
| Operating profit (loss) | 9901 | -€22,941 | -€23,584 | -€643 | -2.8% |
| Financial income | 75/76B | €693 | €0 | -€693 | -100.0% |
| Recurring financial income | 75 | €693 | €0 | -€693 | -100.0% |
| Financial charges | 65/66B | €1,195 | €1,425 | +€229 | +19.2% |
| Recurring financial charges | 65 | €1,195 | €1,425 | +€229 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€23,443 | -€25,009 | -€1,565 | -6.7% |
| Profit (loss) for the period | 9904 | -€23,443 | -€25,009 | -€1,565 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,443 | -€25,009 | -€1,565 | -6.7% |
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 6 October 2026 via checked.be.