KD Tradingroup: what changed
What changed
KD Tradingroup
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€19,346
2024 · -€2,393+€21,739
Equity
€22,164
2024 · €2,817+€19,346
Cash
€3,304
2024 · €2,417+€887
Balance sheet total
€175,324
2024 · €2,923+€172,401
Largest movements
Assets
- Stocks and contracts +€171,894
new in 2025: €171,894
Equity and liabilities
- Other debts +€102,320
new in 2025: €102,320
- Short-term financial debts +€48,000
new in 2025: €48,000
- Profit (loss) carried forward +€19,346
up €19,346, from -€9,183 to €10,164
- Tax, wage and social debts +€2,840
new in 2025: €2,840
Income statement
- Gross operating margin +€23,990
up €23,990, from -€724 to €23,266
- Taxes +€2,840
new in 2025: €2,840
- Other operating charges -€1,288
no longer reported in 2025 (was €1,288)
- Financial charges +€688
up €688 (+503%), from €137 to €825
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.
Result 2024
-€2,393
Gross operating margin
+€23,990
Other operating charges
+€1,288
Financial income
-€11
Financial charges
-€688
Taxes
-€2,840
Result 2025
€19,346
raises the resultlowers the result
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.
From operations
-€47,113
Investment
€0
Financing
+€48,000
Cash 2024
€2,417
From operations (derived)
-€47,113
Net result for the year
+€19,346
Depreciation
+€255
Stocks and contracts
-€171,894
Smaller working-capital items
+€20
Tax, wage and social debts
+€2,840
Other debts
+€102,320
Financing
+€48,000
Short-term financial debts
+€48,000
Cash 2025
€3,304
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,923 | €175,324 | +€172,401 | +5,898% |
| Formation expenses | 20 | €326 | €71 | -€255 | -78.2% |
| Current assets | 29/58 | €2,597 | €175,253 | +€172,656 | +6,648% |
| Stocks and contracts in progress | 3 | - | €171,894 | +€171,894 | |
| Stocks | 30/36 | - | €171,894 | +€171,894 | |
| Amounts receivable within one year | 40/41 | €180 | €55 | -€126 | -69.7% |
| Trade receivables | 40 | - | €55 | +€55 | |
| Other amounts receivable | 41 | €180 | - | -€180 | |
| Cash at bank and in hand | 54/58 | €2,417 | €3,304 | +€887 | +36.7% |
| Total equity and liabilities | 10/49 | €2,923 | €175,324 | +€172,401 | +5,898% |
| Equity | 10/15 | €2,817 | €22,164 | +€19,346 | +687% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,183 | €10,164 | +€19,346 | |
| Amounts payable | 17/49 | €106 | €153,160 | +€153,055 | +144,979% |
| Amounts payable within one year | 42/48 | €106 | €153,160 | +€153,055 | +144,979% |
| Financial debts | 43 | - | €48,000 | +€48,000 | |
| Credit institutions | 430/8 | - | €48,000 | +€48,000 | |
| Trade debts | 44 | €106 | - | -€106 | |
| Suppliers | 440/4 | €106 | - | -€106 | |
| Taxes, remuneration and social security | 45 | - | €2,840 | +€2,840 | |
| Taxes | 450/3 | - | €2,840 | +€2,840 | |
| Other amounts payable | 47/48 | - | €102,320 | +€102,320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255 | €255 | = | 0.0% |
| Other operating charges | 640/8 | €1,288 | - | -€1,288 | |
| Gross operating margin | 9900 | -€724 | €23,266 | +€23,990 | |
| Operating profit (loss) | 9901 | -€2,267 | €23,012 | +€25,278 | |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €137 | €825 | +€688 | +503% |
| Recurring financial charges | 65 | €137 | €825 | +€688 | +503% |
| Profit (loss) for the period before taxes | 9903 | -€2,393 | €22,187 | +€24,580 | |
| Income taxes | 67/77 | - | €2,840 | +€2,840 | |
| Profit (loss) for the period | 9904 | -€2,393 | €19,346 | +€21,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,393 | €19,346 | +€21,739 |
Next steps
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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 5 November 2026 via checked.be.