KALEIDOS: 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.
KALEIDOS
Largest movements
- Tangible fixed assets +€21,890
up €21,890 (+6.2%), from €355,751 to €377,641
of which Other tangible fixed assets: +€24,221
- Debts after one year +€35,083
up €35,083 (+25.8%), from €135,782 to €170,866
- Trade debts -€15,951
down €15,951 (-11.8%), from €134,809 to €118,858
- Current portion of long-term debt +€8,599
up €8,599 (+106%), from €8,139 to €16,738
- Other debts -€8,050
down €8,050 (-16.0%), from €50,159 to €42,109
- Gross operating margin +€3,061
up €3,061 (+7.6%), from €40,101 to €43,161
- Depreciation +€2,318
up €2,318 (+6.6%), from €35,026 to €37,344
- Financial charges +€807
up €807 (+84.8%), from €951 to €1,758
- Taxes -€739
down €739 (-67.3%), from €1,098 to €358
- Other operating charges +€663
up €663 (+57.8%), from €1,148 to €1,812
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €384,447 | €405,064 | +€20,616 | +5.4% |
| Fixed assets | 21/28 | €355,751 | €377,641 | +€21,890 | +6.2% |
| Tangible fixed assets | 22/27 | €355,751 | €377,641 | +€21,890 | +6.2% |
| Land and buildings | 22 | €345,260 | €340,455 | -€4,805 | -1.4% |
| Plant, machinery and equipment | 23 | €3,526 | €3,291 | -€235 | -6.7% |
| Furniture and vehicles | 24 | €6,965 | €9,674 | +€2,709 | +38.9% |
| Other tangible fixed assets | 26 | - | €24,221 | +€24,221 | |
| Current assets | 29/58 | €28,696 | €27,422 | -€1,274 | -4.4% |
| Amounts receivable within one year | 40/41 | €13,499 | €12,124 | -€1,374 | -10.2% |
| Trade receivables | 40 | €13,499 | €9,519 | -€3,979 | -29.5% |
| Other amounts receivable | 41 | - | €2,605 | +€2,605 | |
| Cash at bank and in hand | 54/58 | €14,412 | €12,978 | -€1,434 | -9.9% |
| Deferred charges and accrued income | 490/1 | €786 | €2,320 | +€1,534 | +195% |
| Total equity and liabilities | 10/49 | €384,447 | €405,064 | +€20,616 | +5.4% |
| Equity | 10/15 | €52,291 | €54,214 | +€1,923 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,460 | €3,460 | = | 0.0% |
| Distributable reserves | 133 | €3,460 | €3,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,231 | €32,154 | +€1,923 | +6.4% |
| Amounts payable | 17/49 | €332,156 | €350,849 | +€18,693 | +5.6% |
| Amounts payable after more than one year | 17 | €135,782 | €170,866 | +€35,083 | +25.8% |
| Financial debts | 170/4 | €135,782 | €170,866 | +€35,083 | +25.8% |
| Amounts payable within one year | 42/48 | €196,374 | €179,984 | -€16,390 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €8,139 | €16,738 | +€8,599 | +106% |
| Financial debts | 43 | €1,404 | €2,130 | +€726 | +51.7% |
| Credit institutions | 430/8 | €1,404 | €2,130 | +€726 | +51.7% |
| Trade debts | 44 | €134,809 | €118,858 | -€15,951 | -11.8% |
| Suppliers | 440/4 | €134,809 | €118,858 | -€15,951 | -11.8% |
| Taxes, remuneration and social security | 45 | €1,864 | €149 | -€1,714 | -92.0% |
| Taxes | 450/3 | €1,864 | €149 | -€1,714 | -92.0% |
| Other amounts payable | 47/48 | €50,159 | €42,109 | -€8,050 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,026 | €37,344 | +€2,318 | +6.6% |
| Other operating charges | 640/8 | €1,148 | €1,812 | +€663 | +57.8% |
| Gross operating margin | 9900 | €40,101 | €43,161 | +€3,061 | +7.6% |
| Operating profit (loss) | 9901 | €3,927 | €4,006 | +€79 | +2.0% |
| Financial income | 75/76B | €146 | €33 | -€113 | -77.2% |
| Recurring financial income | 75 | €146 | €33 | -€113 | -77.2% |
| Financial charges | 65/66B | €951 | €1,758 | +€807 | +84.8% |
| Recurring financial charges | 65 | €951 | €1,758 | +€807 | +84.8% |
| Profit (loss) for the period before taxes | 9903 | €3,122 | €2,281 | -€840 | -26.9% |
| Income taxes | 67/77 | €1,098 | €358 | -€739 | -67.3% |
| Profit (loss) for the period | 9904 | €2,024 | €1,923 | -€101 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,024 | €1,923 | -€101 | -5.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.