KADOBOX: 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.
KADOBOX
Largest movements
- Receivables within one year -€12,614
down €12,614 (-67.2%), from €18,783 to €6,169
of which Trade receivables: -€14,877
- Deferred charges and accrued income +€543
up €543 (+72.3%), from €752 to €1,295
- Profit (loss) carried forward -€30,348
down €30,348 (-25.4%), from -€119,358 to -€149,706
- Other debts +€18,471
up €18,471 (+16.3%), from €113,426 to €131,897
- Write-downs +€14,877
new in 2025: €14,877
- Other operating charges +€286
up €286 (+49.0%), from €584 to €870
- Gross operating margin -€187
down €187 (-1.3%), from -€14,257 to -€14,445
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 | €22,221 | €10,179 | -€12,041 | -54.2% |
| Current assets | 29/58 | €22,221 | €10,179 | -€12,041 | -54.2% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,783 | €6,169 | -€12,614 | -67.2% |
| Trade receivables | 40 | €14,877 | - | -€14,877 | |
| Other amounts receivable | 41 | €3,906 | €6,169 | +€2,263 | +57.9% |
| Cash at bank and in hand | 54/58 | €2,186 | €2,215 | +€30 | +1.4% |
| Deferred charges and accrued income | 490/1 | €752 | €1,295 | +€543 | +72.3% |
| Total equity and liabilities | 10/49 | €22,221 | €10,179 | -€12,041 | -54.2% |
| Equity | 10/15 | -€93,468 | -€123,816 | -€30,348 | -32.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,298 | €7,298 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €5,439 | €5,439 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,358 | -€149,706 | -€30,348 | -25.4% |
| Amounts payable | 17/49 | €115,689 | €133,995 | +€18,306 | +15.8% |
| Amounts payable within one year | 42/48 | €115,689 | €133,995 | +€18,306 | +15.8% |
| Financial debts | 43 | €176 | €176 | = | 0.0% |
| Credit institutions | 430/8 | €176 | €176 | = | 0.0% |
| Trade debts | 44 | €2,086 | €1,922 | -€164 | -7.9% |
| Suppliers | 440/4 | €2,086 | €1,922 | -€164 | -7.9% |
| Other amounts payable | 47/48 | €113,426 | €131,897 | +€18,471 | +16.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,877 | +€14,877 | |
| Other operating charges | 640/8 | €584 | €870 | +€286 | +49.0% |
| Gross operating margin | 9900 | -€14,257 | -€14,445 | -€187 | -1.3% |
| Operating profit (loss) | 9901 | -€14,841 | -€30,191 | -€15,350 | -103.4% |
| Financial charges | 65/66B | €71 | €156 | +€85 | +120.0% |
| Recurring financial charges | 65 | €71 | €156 | +€85 | +120.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,912 | -€30,348 | -€15,436 | -103.5% |
| Profit (loss) for the period | 9904 | -€14,912 | -€30,348 | -€15,436 | -103.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,912 | -€30,348 | -€15,436 | -103.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.