KD Bier: 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.
KD Bier
Largest movements
- Cash -€7,113
down €7,113 (-62.8%), from €11,325 to €4,212
mainly Trade debts (-€12,054) and Receivables within one year (-€1,120)
- Stocks and contracts -€4,024
down €4,024 (-39.5%), from €10,178 to €6,154
- Receivables within one year +€1,120
up €1,120 (+90.6%), from €1,237 to €2,356
- Trade debts -€12,054
down €12,054 (-70.9%), from €16,998 to €4,945
- Profit (loss) carried forward +€1,811
up €1,811 (+2.0%), from -€91,595 to -€89,784
- Gross operating margin +€13,731
up €13,731, from -€11,467 to €2,264
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 | €23,304 | €13,227 | -€10,077 | -43.2% |
| Fixed assets | 21/28 | €564 | €505 | -€59 | -10.5% |
| Intangible fixed assets | 21 | €564 | €505 | -€59 | -10.5% |
| Current assets | 29/58 | €22,740 | €12,722 | -€10,017 | -44.1% |
| Stocks and contracts in progress | 3 | €10,178 | €6,154 | -€4,024 | -39.5% |
| Stocks | 30/36 | €10,178 | €6,154 | -€4,024 | -39.5% |
| Amounts receivable within one year | 40/41 | €1,237 | €2,356 | +€1,120 | +90.6% |
| Trade receivables | 40 | €1,237 | €2,356 | +€1,120 | +90.6% |
| Cash at bank and in hand | 54/58 | €11,325 | €4,212 | -€7,113 | -62.8% |
| Total equity and liabilities | 10/49 | €23,304 | €13,227 | -€10,077 | -43.2% |
| Equity | 10/15 | -€23,699 | -€21,888 | +€1,811 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,297 | €49,297 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €49,297 | €49,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,595 | -€89,784 | +€1,811 | +2.0% |
| Amounts payable | 17/49 | €47,003 | €35,115 | -€11,888 | -25.3% |
| Amounts payable within one year | 42/48 | €47,003 | €35,115 | -€11,888 | -25.3% |
| Trade debts | 44 | €16,998 | €4,945 | -€12,054 | -70.9% |
| Suppliers | 440/4 | €16,998 | €4,945 | -€12,054 | -70.9% |
| Taxes, remuneration and social security | 45 | €246 | €412 | +€166 | +67.4% |
| Taxes | 450/3 | €246 | €412 | +€166 | +67.4% |
| Other amounts payable | 47/48 | €29,759 | €29,759 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30 | €59 | +€30 | +98.9% |
| Other operating charges | 640/8 | €346 | €350 | +€4 | +1.0% |
| Gross operating margin | 9900 | -€11,467 | €2,264 | +€13,731 | |
| Operating profit (loss) | 9901 | -€11,843 | €1,855 | +€13,698 | |
| Financial income | 75/76B | €0 | €28 | +€28 | +138900.0% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +138900.0% |
| Financial charges | 65/66B | €97 | €72 | -€25 | -25.9% |
| Recurring financial charges | 65 | €97 | €72 | -€25 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,940 | €1,811 | +€13,751 | |
| Profit (loss) for the period | 9904 | -€11,940 | €1,811 | +€13,751 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,940 | €1,811 | +€13,751 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.