KD INDUSTRIES: 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.
KD INDUSTRIES
Largest movements
- Tangible fixed assets +€138,377
up €138,377 (+85.5%), from €161,812 to €300,189
of which Land and buildings: +€171,591
- Receivables within one year -€56,566
down €56,566 (-64.3%), from €88,002 to €31,436
of which Trade receivables: -€58,199
- Deferred charges and accrued income -€13,611
down €13,611 (-75.3%), from €18,078 to €4,466
- Stocks and contracts +€7,560
up €7,560 (+32.2%), from €23,490 to €31,050
- Debts after one year +€84,628
up €84,628 (+138%), from €61,292 to €145,920
- Reserves -€19,902
down €19,902 (-22.2%), from €89,687 to €69,784
of which Distributable reserves: -€19,902
- Other debts +€13,520
up €13,520 (+22.6%), from €59,937 to €73,457
- Current portion of long-term debt +€10,992
up €10,992 (+23.7%), from €46,416 to €57,408
- Trade debts -€9,294
down €9,294 (-23.5%), from €39,604 to €30,309
- Gross operating margin -€27,304
down €27,304 (-37.7%), from €72,432 to €45,129
- Financial charges +€2,160
up €2,160 (+86.5%), from €2,498 to €4,658
- Depreciation -€1,437
down €1,437 (-2.3%), from €61,307 to €59,870
- Taxes -€1,263
down €1,263 (-84.0%), from €1,503 to €240
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 | €309,495 | €383,295 | +€73,800 | +23.8% |
| Fixed assets | 21/28 | €164,162 | €302,538 | +€138,377 | +84.3% |
| Tangible fixed assets | 22/27 | €161,812 | €300,189 | +€138,377 | +85.5% |
| Land and buildings | 22 | - | €171,591 | +€171,591 | |
| Plant, machinery and equipment | 23 | €17,973 | €27,511 | +€9,538 | +53.1% |
| Furniture and vehicles | 24 | €439 | €53 | -€386 | -88.0% |
| Leasing and similar rights | 25 | €138,031 | €96,406 | -€41,625 | -30.2% |
| Other tangible fixed assets | 26 | €5,368 | €4,628 | -€740 | -13.8% |
| Financial fixed assets | 28 | €2,350 | €2,350 | = | 0.0% |
| Current assets | 29/58 | €145,333 | €80,756 | -€64,577 | -44.4% |
| Stocks and contracts in progress | 3 | €23,490 | €31,050 | +€7,560 | +32.2% |
| Stocks | 30/36 | €23,490 | €31,050 | +€7,560 | +32.2% |
| Amounts receivable within one year | 40/41 | €88,002 | €31,436 | -€56,566 | -64.3% |
| Trade receivables | 40 | €86,685 | €28,486 | -€58,199 | -67.1% |
| Other amounts receivable | 41 | €1,316 | €2,950 | +€1,633 | +124% |
| Cash at bank and in hand | 54/58 | €15,763 | €13,804 | -€1,960 | -12.4% |
| Deferred charges and accrued income | 490/1 | €18,078 | €4,466 | -€13,611 | -75.3% |
| Total equity and liabilities | 10/49 | €309,495 | €383,295 | +€73,800 | +23.8% |
| Equity | 10/15 | €95,887 | €75,984 | -€19,902 | -20.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,687 | €69,784 | -€19,902 | -22.2% |
| Tax-exempt reserves | 132 | €19,100 | €19,100 | = | 0.0% |
| Distributable reserves | 133 | €70,587 | €50,684 | -€19,902 | -28.2% |
| Amounts payable | 17/49 | €213,608 | €307,310 | +€93,702 | +43.9% |
| Amounts payable after more than one year | 17 | €61,292 | €145,920 | +€84,628 | +138% |
| Financial debts | 170/4 | €61,292 | €145,920 | +€84,628 | +138% |
| Amounts payable within one year | 42/48 | €152,316 | €161,391 | +€9,075 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €46,416 | €57,408 | +€10,992 | +23.7% |
| Trade debts | 44 | €39,604 | €30,309 | -€9,294 | -23.5% |
| Suppliers | 440/4 | €39,604 | €30,309 | -€9,294 | -23.5% |
| Taxes, remuneration and social security | 45 | €6,359 | €216 | -€6,143 | -96.6% |
| Taxes | 450/3 | €1,484 | €216 | -€1,268 | -85.4% |
| Remuneration and social security | 454/9 | €4,875 | €0 | -€4,875 | -100% |
| Other amounts payable | 47/48 | €59,937 | €73,457 | +€13,520 | +22.6% |
| Non-recurring operating income | 76A | €691 | €2,000 | +€1,309 | +189% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,307 | €59,870 | -€1,437 | -2.3% |
| Other operating charges | 640/8 | €88 | €412 | +€324 | +369% |
| Gross operating margin | 9900 | €72,432 | €45,129 | -€27,304 | -37.7% |
| Operating profit (loss) | 9901 | €11,037 | -€15,153 | -€26,190 | |
| Financial income | 75/76B | €76 | €148 | +€72 | +94.6% |
| Recurring financial income | 75 | €76 | €148 | +€72 | +94.6% |
| Financial charges | 65/66B | €2,498 | €4,658 | +€2,160 | +86.5% |
| Recurring financial charges | 65 | €2,498 | €4,658 | +€2,160 | +86.5% |
| Profit (loss) for the period before taxes | 9903 | €8,616 | -€19,663 | -€28,278 | |
| Income taxes | 67/77 | €1,503 | €240 | -€1,263 | -84.0% |
| Profit (loss) for the period | 9904 | €7,113 | -€19,902 | -€27,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,113 | -€19,902 | -€27,015 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.