KA: 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.
KA
Largest movements
- Stocks and contracts +€4,896
up €4,896 (+568%), from €863 to €5,759
- Cash +€4,346
up €4,346 (+52.4%), from €8,299 to €12,645
mainly Trade debts (+€3,926) and Tax, wage and social debts (+€3,712)
- Receivables within one year +€1,209
up €1,209 (+42.6%), from €2,839 to €4,048
of which Other amounts receivable: +€1,031
- Intangible fixed assets -€1,000
down €1,000 (-23.5%), from €4,250 to €3,250
- Trade debts +€3,926
up €3,926 (+152%), from €2,580 to €6,506
- Tax, wage and social debts +€3,712
up €3,712 (+2,163%), from €172 to €3,884
of which Remuneration and social security: +€3,884
- Profit (loss) carried forward +€2,012
up €2,012 (+9.8%), from €20,588 to €22,600
- Gross operating margin +€25,268
up €25,268 (+3,250%), from €777 to €26,045
- Staff costs +€21,837
up €21,837, from -€152 to €21,685
- Taxes -€6,404
no longer reported in 2025 (was €6,404)
- Financial charges +€349
up €349 (+138%), from €252 to €600
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 | €31,599 | €41,050 | +€9,451 | +29.9% |
| Fixed assets | 21/28 | €19,598 | €18,598 | -€1,000 | -5.1% |
| Intangible fixed assets | 21 | €4,250 | €3,250 | -€1,000 | -23.5% |
| Financial fixed assets | 28 | €15,348 | €15,348 | = | 0.0% |
| Current assets | 29/58 | €12,001 | €22,452 | +€10,451 | +87.1% |
| Stocks and contracts in progress | 3 | €863 | €5,759 | +€4,896 | +568% |
| Stocks | 30/36 | €863 | €5,759 | +€4,896 | +568% |
| Amounts receivable within one year | 40/41 | €2,839 | €4,048 | +€1,209 | +42.6% |
| Trade receivables | 40 | €1,470 | €1,648 | +€178 | +12.1% |
| Other amounts receivable | 41 | €1,369 | €2,400 | +€1,031 | +75.3% |
| Cash at bank and in hand | 54/58 | €8,299 | €12,645 | +€4,346 | +52.4% |
| Total equity and liabilities | 10/49 | €31,599 | €41,050 | +€9,451 | +29.9% |
| Equity | 10/15 | €28,648 | €30,660 | +€2,012 | +7.0% |
| 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 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,588 | €22,600 | +€2,012 | +9.8% |
| Amounts payable | 17/49 | €2,951 | €10,390 | +€7,439 | +252% |
| Amounts payable within one year | 42/48 | €2,951 | €10,390 | +€7,439 | +252% |
| Trade debts | 44 | €2,580 | €6,506 | +€3,926 | +152% |
| Suppliers | 440/4 | €2,580 | €6,506 | +€3,926 | +152% |
| Taxes, remuneration and social security | 45 | €172 | €3,884 | +€3,712 | +2,163% |
| Taxes | 450/3 | €172 | - | -€172 | |
| Remuneration and social security | 454/9 | - | €3,884 | +€3,884 | |
| Other amounts payable | 47/48 | €199 | - | -€199 | |
| Remuneration, social security and pensions | 62 | -€152 | €21,685 | +€21,837 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €750 | €1,000 | +€250 | +33.3% |
| Other operating charges | 640/8 | €995 | €864 | -€131 | -13.2% |
| Gross operating margin | 9900 | €777 | €26,045 | +€25,268 | +3,250% |
| Operating profit (loss) | 9901 | -€816 | €2,496 | +€3,311 | |
| Financial income | 75/76B | €26 | €117 | +€91 | +344% |
| Recurring financial income | 75 | €26 | €117 | +€91 | +344% |
| Financial charges | 65/66B | €252 | €600 | +€349 | +138% |
| Recurring financial charges | 65 | €252 | €600 | +€349 | +138% |
| Profit (loss) for the period before taxes | 9903 | -€1,041 | €2,012 | +€3,053 | |
| Income taxes | 67/77 | €6,404 | - | -€6,404 | |
| Profit (loss) for the period | 9904 | -€7,445 | €2,012 | +€9,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,445 | €2,012 | +€9,457 |
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 13 October 2026 via checked.be.