KDC Retail: 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.
KDC Retail
Largest movements
- Tangible fixed assets -€51,623
down €51,623 (-8.5%), from €607,370 to €555,747
of which Other tangible fixed assets: -€41,569
- Stocks and contracts +€20,494
up €20,494 (+5.9%), from €345,981 to €366,475
- Trade debts +€151,784
up €151,784 (+25.0%), from €607,517 to €759,302
- Debts after one year -€71,130
down €71,130 (-23.5%), from €302,964 to €231,834
- Profit (loss) carried forward -€64,668
down €64,668 (-25.2%), from -€256,974 to -€321,641
- Other debts -€40,856
down €40,856 (-34.8%), from €117,388 to €76,532
- Staff costs -€135,234
down €135,234 (-31.4%), from €430,086 to €294,852
- Depreciation -€20,620
down €20,620 (-18.6%), from €110,669 to €90,049
- Financial charges -€19,377
down €19,377 (-31.3%), from €61,916 to €42,539
- Gross operating margin +€9,318
up €9,318 (+2.6%), from €353,425 to €362,743
- Other operating charges -€5,848
down €5,848 (-73.9%), from €7,915 to €2,067
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 | €1,086,963 | €1,052,056 | -€34,908 | -3.2% |
| Fixed assets | 21/28 | €608,870 | €557,247 | -€51,623 | -8.5% |
| Tangible fixed assets | 22/27 | €607,370 | €555,747 | -€51,623 | -8.5% |
| Plant, machinery and equipment | 23 | €47,467 | €55,110 | +€7,642 | +16.1% |
| Furniture and vehicles | 24 | €77,296 | €67,952 | -€9,344 | -12.1% |
| Leasing and similar rights | 25 | €31,585 | €23,232 | -€8,353 | -26.4% |
| Other tangible fixed assets | 26 | €451,023 | €409,454 | -€41,569 | -9.2% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €478,093 | €494,808 | +€16,715 | +3.5% |
| Stocks and contracts in progress | 3 | €345,981 | €366,475 | +€20,494 | +5.9% |
| Stocks | 30/36 | €345,981 | €366,475 | +€20,494 | +5.9% |
| Amounts receivable within one year | 40/41 | €13,019 | €6,559 | -€6,461 | -49.6% |
| Trade receivables | 40 | - | €199 | +€199 | |
| Other amounts receivable | 41 | €13,019 | €6,360 | -€6,660 | -51.2% |
| Cash at bank and in hand | 54/58 | €93,757 | €96,819 | +€3,062 | +3.3% |
| Deferred charges and accrued income | 490/1 | €25,336 | €24,956 | -€380 | -1.5% |
| Total equity and liabilities | 10/49 | €1,086,963 | €1,052,056 | -€34,908 | -3.2% |
| Equity | 10/15 | -€106,974 | -€171,641 | -€64,668 | -60.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,974 | -€321,641 | -€64,668 | -25.2% |
| Amounts payable | 17/49 | €1,193,937 | €1,223,697 | +€29,760 | +2.5% |
| Amounts payable after more than one year | 17 | €302,964 | €231,834 | -€71,130 | -23.5% |
| Financial debts | 170/4 | €302,964 | €231,834 | -€71,130 | -23.5% |
| Amounts payable within one year | 42/48 | €870,973 | €981,863 | +€110,889 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €68,507 | €71,130 | +€2,622 | +3.8% |
| Trade debts | 44 | €607,517 | €759,302 | +€151,784 | +25.0% |
| Suppliers | 440/4 | €607,517 | €759,302 | +€151,784 | +25.0% |
| Taxes, remuneration and social security | 45 | €77,560 | €74,899 | -€2,661 | -3.4% |
| Taxes | 450/3 | €2,707 | €10,662 | +€7,955 | +293.9% |
| Remuneration and social security | 454/9 | €74,854 | €64,237 | -€10,617 | -14.2% |
| Other amounts payable | 47/48 | €117,388 | €76,532 | -€40,856 | -34.8% |
| Accrued charges and deferred income | 492/3 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Non-recurring operating income | 76A | €13,000 | €66,000 | +€53,000 | +407.7% |
| Remuneration, social security and pensions | 62 | €430,086 | €294,852 | -€135,234 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,669 | €90,049 | -€20,620 | -18.6% |
| Other operating charges | 640/8 | €7,915 | €2,067 | -€5,848 | -73.9% |
| Gross operating margin | 9900 | €353,425 | €362,743 | +€9,318 | +2.6% |
| Operating profit (loss) | 9901 | -€195,245 | -€24,225 | +€171,020 | +87.6% |
| Financial income | 75/76B | €228 | €2,259 | +€2,031 | +892.5% |
| Recurring financial income | 75 | €228 | €2,259 | +€2,031 | +892.5% |
| Financial charges | 65/66B | €61,916 | €42,539 | -€19,377 | -31.3% |
| Recurring financial charges | 65 | €61,916 | €42,539 | -€19,377 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€256,934 | -€64,505 | +€192,429 | +74.9% |
| Income taxes | 67/77 | €40 | €162 | +€122 | +307.9% |
| Profit (loss) for the period | 9904 | -€256,974 | -€64,668 | +€192,306 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€256,974 | -€64,668 | +€192,306 | +74.8% |
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 10 October 2026 via checked.be.