K-DEUS LIBRA: 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.
K-DEUS LIBRA
Largest movements
- Receivables within one year -€6,944
down €6,944 (-31.0%), from €22,419 to €15,475
of which Other amounts receivable: -€6,754
- Cash -€2,465
down €2,465 (-84.3%), from €2,923 to €459
mainly Net result for the year (-€6,661) and Investment in fixed assets (net) (-€3,641)
- Deferred charges and accrued income +€2,004
new in 2025: €2,004
- Tangible fixed assets +€1,731
up €1,731 (+83.0%), from €2,085 to €3,816
of which Furniture and vehicles: +€1,731
- Profit (loss) carried forward -€6,661
down €6,661 (-125%), from -€5,343 to -€12,004
- Accrued charges and deferred income +€2,536
new in 2025: €2,536
- Other debts -€1,308
down €1,308 (-2.2%), from €58,450 to €57,143
- Gross operating margin +€13,017
up €13,017 (+82.7%), from -€15,741 to -€2,724
- Depreciation +€1,017
up €1,017 (+114%), from €894 to €1,910
- Financial income +€1,002
new in 2025: €1,002
- Taxes +€722
new in 2025: €722
- Other operating charges +€482
up €482 (+38.9%), from €1,240 to €1,722
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 | €64,928 | €59,253 | -€5,675 | -8.7% |
| Fixed assets | 21/28 | €39,585 | €41,316 | +€1,731 | +4.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,085 | €3,816 | +€1,731 | +83.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,085 | €3,816 | +€1,731 | +83.0% |
| Financial fixed assets | 28 | €37,500 | €37,500 | = | 0.0% |
| Current assets | 29/58 | €25,342 | €17,937 | -€7,405 | -29.2% |
| Amounts receivable within one year | 40/41 | €22,419 | €15,475 | -€6,944 | -31.0% |
| Trade receivables | 40 | €1,308 | €1,117 | -€190 | -14.5% |
| Other amounts receivable | 41 | €21,112 | €14,357 | -€6,754 | -32.0% |
| Cash at bank and in hand | 54/58 | €2,923 | €459 | -€2,465 | -84.3% |
| Deferred charges and accrued income | 490/1 | - | €2,004 | +€2,004 | |
| Total equity and liabilities | 10/49 | €64,928 | €59,253 | -€5,675 | -8.7% |
| Equity | 10/15 | €2,717 | -€3,944 | -€6,661 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€5,343 | -€12,004 | -€6,661 | -125% |
| Amounts payable | 17/49 | €62,211 | €63,197 | +€986 | +1.6% |
| Amounts payable within one year | 42/48 | €62,211 | €60,661 | -€1,550 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €154 | - | -€154 | |
| Trade debts | 44 | €1,887 | €1,486 | -€402 | -21.3% |
| Suppliers | 440/4 | €1,887 | €1,486 | -€402 | -21.3% |
| Taxes, remuneration and social security | 45 | €1,719 | €2,033 | +€314 | +18.3% |
| Taxes | 450/3 | €1,719 | €2,033 | +€315 | +18.3% |
| Remuneration and social security | 454/9 | €0 | - | -€0 | |
| Other amounts payable | 47/48 | €58,450 | €57,143 | -€1,308 | -2.2% |
| Accrued charges and deferred income | 492/3 | - | €2,536 | +€2,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €894 | €1,910 | +€1,017 | +114% |
| Other operating charges | 640/8 | €1,240 | €1,722 | +€482 | +38.9% |
| Gross operating margin | 9900 | -€15,741 | -€2,724 | +€13,017 | +82.7% |
| Operating profit (loss) | 9901 | -€17,875 | -€6,357 | +€11,518 | +64.4% |
| Financial income | 75/76B | - | €1,002 | +€1,002 | |
| Recurring financial income | 75 | - | €1,002 | +€1,002 | |
| Financial charges | 65/66B | €348 | €584 | +€237 | +68.0% |
| Recurring financial charges | 65 | €348 | €584 | +€237 | +68.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,223 | -€5,939 | +€12,284 | +67.4% |
| Income taxes | 67/77 | - | €722 | +€722 | |
| Profit (loss) for the period | 9904 | -€18,223 | -€6,661 | +€11,562 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,223 | -€6,661 | +€11,562 | +63.4% |
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 17 October 2026 via checked.be.