KD PLAFONNAGE: what changed
KD PLAFONNAGE
Largest movements
- Cash +€165,645
up €165,645 (+45.1%), from €367,680 to €533,325
mainly Net result for the year (+€179,927) and Other debts (+€97,831)
- Financial fixed assets -€81,975
down €81,975 (-100%), from €81,975 to €0
- Receivables within one year +€27,392
up €27,392 (+87.1%), from €31,436 to €58,828
of which Trade receivables: +€21,730
- Tangible fixed assets -€7,604
down €7,604 (-47.5%), from €16,024 to €8,419
of which Furniture and vehicles: -€6,182
- Profit (loss) carried forward -€146,373
down €146,373 (-53.7%), from €272,500 to €126,127
- Reserves +€126,300
new in 2025: €126,300
- Other debts +€97,831
up €97,831 (+95.1%), from €102,821 to €200,652
- Trade debts +€43,377
up €43,377 (+156%), from €27,852 to €71,229
- Tax, wage and social debts -€12,894
down €12,894 (-17.0%), from €75,920 to €63,025
of which Taxes: -€14,894
- Gross operating margin -€24,473
down €24,473 (-9.1%), from €267,493 to €243,020
- Taxes -€12,455
down €12,455 (-18.7%), from €66,740 to €54,285
- Financial income -€2,722
down €2,722 (-100.0%), from €2,722 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €497,115 | €600,572 | +€103,457 | +20.8% |
| Fixed assets | 21/28 | €97,999 | €8,419 | -€89,580 | -91.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €16,024 | €8,419 | -€7,604 | -47.5% |
| Plant, machinery and equipment | 23 | €8,047 | €6,625 | -€1,422 | -17.7% |
| Furniture and vehicles | 24 | €7,976 | €1,794 | -€6,182 | -77.5% |
| Financial fixed assets | 28 | €81,975 | €0 | -€81,975 | -100% |
| Current assets | 29/58 | €399,116 | €592,153 | +€193,037 | +48.4% |
| Amounts receivable within one year | 40/41 | €31,436 | €58,828 | +€27,392 | +87.1% |
| Trade receivables | 40 | €22,610 | €44,340 | +€21,730 | +96.1% |
| Other amounts receivable | 41 | €8,826 | €14,488 | +€5,662 | +64.2% |
| Cash at bank and in hand | 54/58 | €367,680 | €533,325 | +€165,645 | +45.1% |
| Total equity and liabilities | 10/49 | €497,115 | €600,572 | +€103,457 | +20.8% |
| Equity | 10/15 | €282,500 | €262,427 | -€20,073 | -7.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €126,300 | +€126,300 | |
| Tax-exempt reserves | 132 | - | €126,300 | +€126,300 | |
| Profit (loss) carried forward | 14 | €272,500 | €126,127 | -€146,373 | -53.7% |
| Amounts payable | 17/49 | €214,615 | €338,145 | +€123,530 | +57.6% |
| Amounts payable after more than one year | 17 | €800 | €0 | -€800 | -100% |
| Financial debts | 170/4 | €800 | €0 | -€800 | -100% |
| Amounts payable within one year | 42/48 | €211,393 | €335,707 | +€124,314 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €4,800 | €800 | -€4,000 | -83.3% |
| Trade debts | 44 | €27,852 | €71,229 | +€43,377 | +156% |
| Suppliers | 440/4 | €27,852 | €71,229 | +€43,377 | +156% |
| Taxes, remuneration and social security | 45 | €75,920 | €63,025 | -€12,894 | -17.0% |
| Taxes | 450/3 | €75,920 | €61,025 | -€14,894 | -19.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €102,821 | €200,652 | +€97,831 | +95.1% |
| Accrued charges and deferred income | 492/3 | €2,423 | €2,439 | +€16 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,605 | €7,604 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,265 | €880 | -€384 | -30.4% |
| Gross operating margin | 9900 | €267,493 | €243,020 | -€24,473 | -9.1% |
| Operating profit (loss) | 9901 | €258,623 | €234,535 | -€24,088 | -9.3% |
| Financial income | 75/76B | €2,722 | €0 | -€2,722 | -100.0% |
| Recurring financial income | 75 | €2,722 | €0 | -€2,722 | -100.0% |
| Financial charges | 65/66B | €254 | €323 | +€70 | +27.4% |
| Recurring financial charges | 65 | €254 | €323 | +€70 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €261,092 | €234,212 | -€26,880 | -10.3% |
| Income taxes | 67/77 | €66,740 | €54,285 | -€12,455 | -18.7% |
| Profit (loss) for the period | 9904 | €194,352 | €179,927 | -€14,425 | -7.4% |
| Transfer to tax-exempt reserves | 689 | - | €126,300 | +€126,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €194,352 | €53,627 | -€140,725 | -72.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.