Kaléidos: 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.
Kaléidos
Largest movements
- Receivables within one year +€73,288
up €73,288 (+56.9%), from €128,807 to €202,095
- Cash +€23,221
up €23,221 (+31.3%), from €74,122 to €97,343
mainly Net result for the year (+€55,786) and Debts within one year (+€30,317)
- Deferred charges and accrued income -€9,992
down €9,992 (-72.8%), from €13,724 to €3,732
- Profit (loss) carried forward +€55,786
up €55,786 (+33.3%), from €167,642 to €223,428
- Debts within one year +€30,317
up €30,317 (+39.8%), from €76,125 to €106,442
of which Tax, wage and social debts: +€19,157
- Gross operating margin +€138,376
up €138,376 (+28.4%), from €487,423 to €625,799
- Staff costs +€101,038
up €101,038 (+21.7%), from €465,019 to €566,057
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 | €533,999 | €616,161 | +€82,162 | +15.4% |
| Fixed assets | 21/28 | €20,911 | €16,556 | -€4,355 | -20.8% |
| Tangible fixed assets | 22/27 | €20,911 | €16,556 | -€4,355 | -20.8% |
| Plant, machinery and equipment | 23 | €18,780 | €15,601 | -€3,179 | -16.9% |
| Furniture and vehicles | 24 | €2,131 | €955 | -€1,176 | -55.2% |
| Current assets | 29/58 | €513,088 | €599,605 | +€86,517 | +16.9% |
| Amounts receivable after more than one year | 29 | €146,435 | €146,435 | = | 0.0% |
| Other amounts receivable | 291 | €146,435 | €146,435 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €128,807 | €202,095 | +€73,288 | +56.9% |
| Other amounts receivable | 41 | €128,807 | €202,095 | +€73,288 | +56.9% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €74,122 | €97,343 | +€23,221 | +31.3% |
| Deferred charges and accrued income | 490/1 | €13,724 | €3,732 | -€9,992 | -72.8% |
| Total equity and liabilities | 10/49 | €533,999 | €616,161 | +€82,162 | +15.4% |
| Equity | 10/15 | €433,870 | €485,709 | +€51,839 | +11.9% |
| Reserves | 13 | €246,445 | €246,445 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,642 | €223,428 | +€55,786 | +33.3% |
| Investment grants | 15 | €19,783 | €15,836 | -€3,947 | -20.0% |
| Provisions and deferred taxes | 16 | €24,000 | €24,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €24,000 | €24,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €24,000 | €24,000 | = | 0.0% |
| Amounts payable | 17/49 | €76,129 | €106,452 | +€30,323 | +39.8% |
| Amounts payable within one year | 42/48 | €76,125 | €106,442 | +€30,317 | +39.8% |
| Trade debts | 44 | €953 | €2,398 | +€1,445 | +152% |
| Suppliers | 440/4 | €953 | €2,398 | +€1,445 | +152% |
| Taxes, remuneration and social security | 45 | €75,017 | €94,174 | +€19,157 | +25.5% |
| Taxes | 450/3 | €10,451 | €11,385 | +€934 | +8.9% |
| Remuneration and social security | 454/9 | €64,566 | €82,789 | +€18,223 | +28.2% |
| Accrued charges and deferred income | 492/3 | €4 | €10 | +€6 | +150% |
| Remuneration, social security and pensions | 62 | €465,019 | €566,057 | +€101,038 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,884 | €4,355 | -€529 | -10.8% |
| Other operating charges | 640/8 | €919 | €10 | -€909 | -98.9% |
| Non-recurring operating charges | 66A | - | €5 | +€5 | |
| Gross operating margin | 9900 | €487,423 | €625,799 | +€138,376 | +28.4% |
| Operating profit (loss) | 9901 | €16,601 | €55,372 | +€38,771 | +234% |
| Financial income | 75/76B | €737 | €494 | -€243 | -33.0% |
| Recurring financial income | 75 | €737 | €494 | -€243 | -33.0% |
| Financial charges | 65/66B | €83 | €80 | -€3 | -3.6% |
| Recurring financial charges | 65 | €83 | €80 | -€3 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €17,255 | €55,786 | +€38,531 | +223% |
| Profit (loss) for the period | 9904 | €17,255 | €55,786 | +€38,531 | +223% |
| Profit (loss) for the period to be appropriated | 9905 | €17,255 | €55,786 | +€38,531 | +223% |
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 27 October 2026 via checked.be.