KAYDESIGN: 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.
KAYDESIGN
Largest movements
- Cash -€6,005
down €6,005 (-85.8%), from €6,996 to €991
mainly Other debts (-€9,733) and Debts after one year (-€4,252)
- Tangible fixed assets -€3,809
down €3,809 (-24.1%), from €15,783 to €11,974
of which Other tangible fixed assets: -€3,307
- Receivables within one year -€1,785
down €1,785 (-11.2%), from €15,942 to €14,157
of which Other amounts receivable: -€2,735
- Stocks and contracts +€700
up €700 (+2.4%), from €29,000 to €29,700
- Other debts -€9,733
down €9,733 (-67.4%), from €14,430 to €4,697
- Tax, wage and social debts +€4,524
up €4,524 (+84.9%), from €5,331 to €9,855
- Debts after one year -€4,252
down €4,252 (-53.7%), from €7,915 to €3,663
- Trade debts -€3,072
down €3,072 (-53.2%), from €5,772 to €2,701
- Reserves +€2,579
up €2,579 (+10.9%), from €23,607 to €26,186
of which Distributable reserves: +€2,579
- Gross operating margin +€8,771
up €8,771 (+341.5%), from €2,568 to €11,339
- Taxes +€4,171
up €4,171, from -€2,002 to €2,169
- Other operating charges +€843
up €843 (+94.6%), from €891 to €1,734
- Depreciation -€311
down €311 (-7.0%), from €4,446 to €4,134
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 | €68,984 | €57,953 | -€11,030 | -16.0% |
| Fixed assets | 21/28 | €15,993 | €12,185 | -€3,809 | -23.8% |
| Tangible fixed assets | 22/27 | €15,783 | €11,974 | -€3,809 | -24.1% |
| Plant, machinery and equipment | 23 | - | €320 | +€320 | |
| Furniture and vehicles | 24 | €822 | - | -€822 | |
| Other tangible fixed assets | 26 | €14,961 | €11,654 | -€3,307 | -22.1% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €52,990 | €45,769 | -€7,222 | -13.6% |
| Stocks and contracts in progress | 3 | €29,000 | €29,700 | +€700 | +2.4% |
| Contracts in progress | 37 | €29,000 | €29,700 | +€700 | +2.4% |
| Amounts receivable within one year | 40/41 | €15,942 | €14,157 | -€1,785 | -11.2% |
| Trade receivables | 40 | €13,056 | €14,005 | +€950 | +7.3% |
| Other amounts receivable | 41 | €2,886 | €152 | -€2,735 | -94.7% |
| Cash at bank and in hand | 54/58 | €6,996 | €991 | -€6,005 | -85.8% |
| Deferred charges and accrued income | 490/1 | €1,053 | €920 | -€132 | -12.6% |
| Total equity and liabilities | 10/49 | €68,984 | €57,953 | -€11,030 | -16.0% |
| Equity | 10/15 | €29,807 | €32,386 | +€2,579 | +8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,607 | €26,186 | +€2,579 | +10.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,747 | €24,326 | +€2,579 | +11.9% |
| Amounts payable | 17/49 | €39,176 | €25,567 | -€13,609 | -34.7% |
| Amounts payable after more than one year | 17 | €7,915 | €3,663 | -€4,252 | -53.7% |
| Financial debts | 170/4 | €7,915 | €3,663 | -€4,252 | -53.7% |
| Amounts payable within one year | 42/48 | €30,542 | €21,505 | -€9,037 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €4,101 | €4,252 | +€151 | +3.7% |
| Trade debts | 44 | €5,772 | €2,701 | -€3,072 | -53.2% |
| Suppliers | 440/4 | €5,772 | €2,701 | -€3,072 | -53.2% |
| Advances received on contracts in progress | 46 | €908 | - | -€908 | |
| Taxes, remuneration and social security | 45 | €5,331 | €9,855 | +€4,524 | +84.9% |
| Taxes | 450/3 | €5,331 | €9,855 | +€4,524 | +84.9% |
| Other amounts payable | 47/48 | €14,430 | €4,697 | -€9,733 | -67.4% |
| Accrued charges and deferred income | 492/3 | €720 | €400 | -€320 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,446 | €4,134 | -€311 | -7.0% |
| Other operating charges | 640/8 | €891 | €1,734 | +€843 | +94.6% |
| Gross operating margin | 9900 | €2,568 | €11,339 | +€8,771 | +341.5% |
| Operating profit (loss) | 9901 | -€2,768 | €5,471 | +€8,239 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €746 | €724 | -€22 | -3.0% |
| Recurring financial charges | 65 | €746 | €724 | -€22 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,514 | €4,747 | +€8,262 | |
| Income taxes | 67/77 | -€2,002 | €2,169 | +€4,171 | |
| Profit (loss) for the period | 9904 | -€1,512 | €2,579 | +€4,091 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,512 | €2,579 | +€4,091 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.