K.I.D.: 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.I.D.
Largest movements
- Tangible fixed assets -€250,067
down €250,067 (-62.6%), from €399,291 to €149,224
of which Land and buildings: -€216,645
- Cash +€82,306
up €82,306 (+59,414%), from €139 to €82,444
mainly Investment in fixed assets (net) (+€204,493) and Trade debts (+€166,364)
- Receivables within one year +€72,773
up €72,773 (+31.6%), from €230,386 to €303,159
of which Other amounts receivable: +€76,231
- Stocks and contracts +€20,808
up €20,808 (+133%), from €15,681 to €36,489
- Debts after one year -€197,791
down €197,791 (-73.4%), from €269,462 to €71,671
- Trade debts +€166,364
up €166,364 (+146%), from €113,964 to €280,328
- Tax, wage and social debts -€46,900
down €46,900 (-71.7%), from €65,425 to €18,525
of which Taxes: -€43,781
- Current portion of long-term debt -€42,505
down €42,505 (-44.3%), from €95,977 to €53,473
- Profit (loss) carried forward +€26,467
up €26,467 (+123%), from €21,536 to €48,003
- Staff costs +€54,875
up €54,875 (+22.9%), from €239,489 to €294,363
- Gross operating margin -€34,956
down €34,956 (-8.1%), from €433,617 to €398,661
- Depreciation -€12,787
down €12,787 (-20.0%), from €63,838 to €51,052
- Financial charges +€8,438
up €8,438 (+51.3%), from €16,450 to €24,887
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €696,009 | €617,099 | -€78,910 | -11.3% |
| Fixed assets | 21/28 | €444,338 | €188,793 | -€255,544 | -57.5% |
| Intangible fixed assets | 21 | €44,942 | €39,465 | -€5,477 | -12.2% |
| Tangible fixed assets | 22/27 | €399,291 | €149,224 | -€250,067 | -62.6% |
| Land and buildings | 22 | €216,645 | €0 | -€216,645 | -100% |
| Plant, machinery and equipment | 23 | €98,688 | €78,734 | -€19,953 | -20.2% |
| Furniture and vehicles | 24 | €15,128 | €11,037 | -€4,092 | -27.0% |
| Other tangible fixed assets | 26 | €68,830 | €59,453 | -€9,377 | -13.6% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €251,671 | €428,306 | +€176,635 | +70.2% |
| Stocks and contracts in progress | 3 | €15,681 | €36,489 | +€20,808 | +133% |
| Stocks | 30/36 | €15,681 | €36,489 | +€20,808 | +133% |
| Amounts receivable within one year | 40/41 | €230,386 | €303,159 | +€72,773 | +31.6% |
| Trade receivables | 40 | €226,812 | €223,354 | -€3,458 | -1.5% |
| Other amounts receivable | 41 | €3,574 | €79,805 | +€76,231 | +2,133% |
| Cash at bank and in hand | 54/58 | €139 | €82,444 | +€82,306 | +59,414% |
| Deferred charges and accrued income | 490/1 | €5,465 | €6,213 | +€748 | +13.7% |
| Total equity and liabilities | 10/49 | €696,009 | €617,099 | -€78,910 | -11.3% |
| Equity | 10/15 | €83,470 | €109,937 | +€26,467 | +31.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,334 | €43,334 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,439 | €18,439 | = | 0.0% |
| Distributable reserves | 133 | €24,894 | €24,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,536 | €48,003 | +€26,467 | +123% |
| Amounts payable | 17/49 | €612,539 | €507,162 | -€105,377 | -17.2% |
| Amounts payable after more than one year | 17 | €269,462 | €71,671 | -€197,791 | -73.4% |
| Financial debts | 170/4 | €269,462 | €71,671 | -€197,791 | -73.4% |
| Amounts payable within one year | 42/48 | €337,406 | €433,245 | +€95,839 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €95,977 | €53,473 | -€42,505 | -44.3% |
| Financial debts | 43 | €6,773 | €1,707 | -€5,066 | -74.8% |
| Credit institutions | 430/8 | €6,773 | €1,707 | -€5,066 | -74.8% |
| Trade debts | 44 | €113,964 | €280,328 | +€166,364 | +146% |
| Suppliers | 440/4 | €113,964 | €280,328 | +€166,364 | +146% |
| Taxes, remuneration and social security | 45 | €65,425 | €18,525 | -€46,900 | -71.7% |
| Taxes | 450/3 | €43,792 | €11 | -€43,781 | -100.0% |
| Remuneration and social security | 454/9 | €21,633 | €18,514 | -€3,119 | -14.4% |
| Other amounts payable | 47/48 | €55,267 | €79,213 | +€23,946 | +43.3% |
| Accrued charges and deferred income | 492/3 | €5,671 | €2,246 | -€3,424 | -60.4% |
| Non-recurring operating income | 76A | - | €183,355 | +€183,355 | |
| Remuneration, social security and pensions | 62 | €239,489 | €294,363 | +€54,875 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,838 | €51,052 | -€12,787 | -20.0% |
| Other operating charges | 640/8 | €8,808 | €11,252 | +€2,444 | +27.7% |
| Gross operating margin | 9900 | €433,617 | €398,661 | -€34,956 | -8.1% |
| Operating profit (loss) | 9901 | €121,482 | €41,994 | -€79,488 | -65.4% |
| Financial income | 75/76B | €5,515 | €9,776 | +€4,261 | +77.3% |
| Recurring financial income | 75 | €5,515 | €9,776 | +€4,261 | +77.3% |
| Financial charges | 65/66B | €16,450 | €24,887 | +€8,438 | +51.3% |
| Recurring financial charges | 65 | €16,450 | €24,887 | +€8,438 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | €110,548 | €26,883 | -€83,665 | -75.7% |
| Income taxes | 67/77 | €243 | €416 | +€173 | +71.1% |
| Profit (loss) for the period | 9904 | €110,305 | €26,467 | -€83,838 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €110,305 | €26,467 | -€83,838 | -76.0% |
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 16 October 2026 via checked.be.