KALEIDOLEX: what changed
KALEIDOLEX
Largest movements
- Cash -€97,651
down €97,651 (-51.3%), from €190,221 to €92,569
mainly Contributions, distributions and other (-€366,000) and Tax, wage and social debts (-€19,920)
- Receivables after one year -€42,100
no longer reported in 2025 (was €42,100)
- Current investments +€9,918
up €9,918 (+19.8%), from €50,092 to €60,010
- Profit (loss) carried forward -€227,336
down €227,336 (-93.0%), from €244,321 to €16,985
- Debts after one year +€113,900
new in 2025: €113,900
- Tax, wage and social debts -€19,920
down €19,920 (-52.1%), from €38,249 to €18,329
- Other debts +€4,250
new in 2025: €4,250
- Gross operating margin -€15,762
down €15,762 (-8.6%), from €182,641 to €166,878
- Taxes -€15,668
down €15,668 (-31.4%), from €49,923 to €34,255
- Financial income +€6,127
up €6,127 (+396%), from €1,547 to €7,674
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €286,306 | €155,484 | -€130,822 | -45.7% |
| Fixed assets | 21/28 | €3,893 | €2,905 | -€988 | -25.4% |
| Tangible fixed assets | 22/27 | €3,893 | €2,905 | -€988 | -25.4% |
| Furniture and vehicles | 24 | €3,893 | €2,905 | -€988 | -25.4% |
| Current assets | 29/58 | €282,413 | €152,579 | -€129,834 | -46.0% |
| Amounts receivable after more than one year | 29 | €42,100 | - | -€42,100 | |
| Other amounts receivable | 291 | €42,100 | - | -€42,100 | |
| Current investments | 50/53 | €50,092 | €60,010 | +€9,918 | +19.8% |
| Cash at bank and in hand | 54/58 | €190,221 | €92,569 | -€97,651 | -51.3% |
| Total equity and liabilities | 10/49 | €286,306 | €155,484 | -€130,822 | -45.7% |
| Equity | 10/15 | €246,321 | €18,985 | -€227,336 | -92.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €244,321 | €16,985 | -€227,336 | -93.0% |
| Amounts payable | 17/49 | €39,985 | €136,499 | +€96,514 | +241% |
| Amounts payable after more than one year | 17 | - | €113,900 | +€113,900 | |
| Other amounts payable | 178/9 | - | €113,900 | +€113,900 | |
| Amounts payable within one year | 42/48 | €39,985 | €22,599 | -€17,386 | -43.5% |
| Trade debts | 44 | €1,736 | €20 | -€1,716 | -98.8% |
| Suppliers | 440/4 | €1,736 | €20 | -€1,716 | -98.8% |
| Taxes, remuneration and social security | 45 | €38,249 | €18,329 | -€19,920 | -52.1% |
| Taxes | 450/3 | €38,249 | €18,329 | -€19,920 | -52.1% |
| Other amounts payable | 47/48 | - | €4,250 | +€4,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €701 | €988 | +€287 | +40.9% |
| Gross operating margin | 9900 | €182,641 | €166,878 | -€15,762 | -8.6% |
| Operating profit (loss) | 9901 | €181,939 | €165,890 | -€16,049 | -8.8% |
| Financial income | 75/76B | €1,547 | €7,674 | +€6,127 | +396% |
| Recurring financial income | 75 | €1,547 | €7,674 | +€6,127 | +396% |
| Financial charges | 65/66B | €561 | €645 | +€84 | +14.9% |
| Recurring financial charges | 65 | €561 | €645 | +€84 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €182,925 | €172,920 | -€10,006 | -5.5% |
| Income taxes | 67/77 | €49,923 | €34,255 | -€15,668 | -31.4% |
| Profit (loss) for the period | 9904 | €133,002 | €138,664 | +€5,662 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €133,002 | €138,664 | +€5,662 | +4.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.