KDE SOLUTIONS: 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.
KDE SOLUTIONS
Largest movements
- Cash -€15,137
down €15,137 (-40.1%), from €37,750 to €22,614
mainly Trade debts (-€20,189) and Contributions, distributions and other (-€9,500)
- Tangible fixed assets -€8,037
down €8,037 (-29.3%), from €27,386 to €19,349
of which Furniture and vehicles: -€13,666
- Receivables within one year -€6,412
down €6,412 (-7.6%), from €83,862 to €77,450
of which Trade receivables: -€20,425
- Trade debts -€20,189
down €20,189 (-38.3%), from €52,717 to €32,528
- Current portion of long-term debt -€8,997
no longer reported in 2025 (was €8,997)
- Reserves +€2,198
up €2,198 (+3.7%), from €59,349 to €61,546
of which Distributable reserves: +€2,198
- Other debts -€1,977
down €1,977 (-16.9%), from €11,728 to €9,751
- Gross operating margin -€52,385
down €52,385 (-29.9%), from €175,030 to €122,645
- Staff costs -€41,454
down €41,454 (-30.7%), from €134,880 to €93,426
- Financial charges -€24,856
down €24,856 (-97.1%), from €25,611 to €755
- Depreciation +€3,687
up €3,687 (+74.5%), from €4,948 to €8,635
- Taxes +€2,924
up €2,924 (+60.9%), from €4,799 to €7,723
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 | €153,101 | €124,270 | -€28,831 | -18.8% |
| Fixed assets | 21/28 | €29,546 | €21,509 | -€8,037 | -27.2% |
| Tangible fixed assets | 22/27 | €27,386 | €19,349 | -€8,037 | -29.3% |
| Plant, machinery and equipment | 23 | €2,120 | €7,749 | +€5,629 | +265% |
| Furniture and vehicles | 24 | €25,266 | €11,600 | -€13,666 | -54.1% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €123,555 | €102,761 | -€20,794 | -16.8% |
| Amounts receivable within one year | 40/41 | €83,862 | €77,450 | -€6,412 | -7.6% |
| Trade receivables | 40 | €75,891 | €55,465 | -€20,425 | -26.9% |
| Other amounts receivable | 41 | €7,971 | €21,984 | +€14,013 | +176% |
| Cash at bank and in hand | 54/58 | €37,750 | €22,614 | -€15,137 | -40.1% |
| Deferred charges and accrued income | 490/1 | €1,942 | €2,698 | +€756 | +38.9% |
| Total equity and liabilities | 10/49 | €153,101 | €124,270 | -€28,831 | -18.8% |
| Equity | 10/15 | €43,402 | €45,600 | +€2,198 | +5.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59,349 | €61,546 | +€2,198 | +3.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,489 | €59,686 | +€2,198 | +3.8% |
| Profit (loss) carried forward | 14 | -€22,146 | -€22,146 | = | 0.0% |
| Amounts payable | 17/49 | €109,699 | €78,670 | -€31,028 | -28.3% |
| Amounts payable within one year | 42/48 | €109,665 | €78,637 | -€31,028 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €8,997 | - | -€8,997 | |
| Trade debts | 44 | €52,717 | €32,528 | -€20,189 | -38.3% |
| Suppliers | 440/4 | €52,717 | €32,528 | -€20,189 | -38.3% |
| Taxes, remuneration and social security | 45 | €36,222 | €36,358 | +€136 | +0.4% |
| Taxes | 450/3 | €13,927 | €15,144 | +€1,217 | +8.7% |
| Remuneration and social security | 454/9 | €22,295 | €21,214 | -€1,081 | -4.8% |
| Other amounts payable | 47/48 | €11,728 | €9,751 | -€1,977 | -16.9% |
| Accrued charges and deferred income | 492/3 | €33 | €33 | = | 0.0% |
| Non-recurring operating income | 76A | - | €5,745 | +€5,745 | |
| Remuneration, social security and pensions | 62 | €134,880 | €93,426 | -€41,454 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,948 | €8,635 | +€3,687 | +74.5% |
| Other operating charges | 640/8 | €1,153 | €1,201 | +€48 | +4.1% |
| Gross operating margin | 9900 | €175,030 | €122,645 | -€52,385 | -29.9% |
| Operating profit (loss) | 9901 | €34,049 | €19,383 | -€14,666 | -43.1% |
| Financial income | 75/76B | €1,568 | €793 | -€775 | -49.4% |
| Recurring financial income | 75 | €1,568 | €793 | -€775 | -49.4% |
| Financial charges | 65/66B | €25,611 | €755 | -€24,856 | -97.1% |
| Recurring financial charges | 65 | €25,611 | €755 | -€24,856 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | €10,006 | €19,421 | +€9,415 | +94.1% |
| Income taxes | 67/77 | €4,799 | €7,723 | +€2,924 | +60.9% |
| Profit (loss) for the period | 9904 | €5,206 | €11,698 | +€6,491 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €5,206 | €11,698 | +€6,491 | +125% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.