KDK SOLUTIONS: what changed
Two fiscal 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.
KDK SOLUTIONS
Largest movements
- Tangible fixed assets +€200,532
up €200,532 (+673.1%), from €29,791 to €230,323
of which Land and buildings: +€210,462
- Cash -€102,916
down €102,916 (-34.1%), from €301,699 to €198,783
mainly Investment in fixed assets (net) (-€210,895) and Trade debts (-€154,560)
- Receivables within one year -€99,947
down €99,947 (-41.4%), from €241,534 to €141,588
of which Trade receivables: -€113,779
- Debts after one year +€197,759
new in 2025: €197,759
- Trade debts -€154,560
down €154,560 (-90.6%), from €170,614 to €16,054
- Accrued charges and deferred income -€34,000
down €34,000 (-48.6%), from €70,000 to €36,000
- Current portion of long-term debt +€11,745
up €11,745 (+506.1%), from €2,321 to €14,066
- Tax, wage and social debts -€11,403
down €11,403 (-54.8%), from €20,793 to €9,391
of which Taxes: -€8,153
- Gross operating margin +€26,294
up €26,294 (+43.1%), from €61,027 to €87,321
- Financial charges +€5,448
up €5,448 (+118.9%), from €4,581 to €10,029
- Taxes +€4,726
up €4,726 (+35.6%), from €13,264 to €17,990
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 | €574,399 | €572,068 | -€2,331 | -0.4% |
| Fixed assets | 21/28 | €29,791 | €230,323 | +€200,532 | +673.1% |
| Tangible fixed assets | 22/27 | €29,791 | €230,323 | +€200,532 | +673.1% |
| Land and buildings | 22 | - | €210,462 | +€210,462 | |
| Furniture and vehicles | 24 | €29,791 | €19,861 | -€9,930 | -33.3% |
| Current assets | 29/58 | €544,608 | €341,745 | -€202,863 | -37.2% |
| Stocks and contracts in progress | 3 | €1,375 | €1,375 | = | 0.0% |
| Stocks | 30/36 | €1,375 | €1,375 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €241,534 | €141,588 | -€99,947 | -41.4% |
| Trade receivables | 40 | €226,634 | €112,855 | -€113,779 | -50.2% |
| Other amounts receivable | 41 | €14,901 | €28,733 | +€13,832 | +92.8% |
| Cash at bank and in hand | 54/58 | €301,699 | €198,783 | -€102,916 | -34.1% |
| Total equity and liabilities | 10/49 | €574,399 | €572,068 | -€2,331 | -0.4% |
| Equity | 10/15 | €299,018 | €289,098 | -€9,920 | -3.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €280,468 | €270,548 | -€9,920 | -3.5% |
| Non-distributable reserves | 130/1 | €130 | €130 | = | 0.0% |
| Reserves not available under the articles | 1311 | €130 | €130 | = | 0.0% |
| Distributable reserves | 133 | €280,338 | €270,418 | -€9,920 | -3.5% |
| Amounts payable | 17/49 | €275,381 | €282,970 | +€7,589 | +2.8% |
| Amounts payable after more than one year | 17 | - | €197,759 | +€197,759 | |
| Financial debts | 170/4 | - | €197,759 | +€197,759 | |
| Amounts payable within one year | 42/48 | €205,381 | €49,211 | -€156,170 | -76.0% |
| Current portion of amounts payable after more than one year | 42 | €2,321 | €14,066 | +€11,745 | +506.1% |
| Trade debts | 44 | €170,614 | €16,054 | -€154,560 | -90.6% |
| Suppliers | 440/4 | €170,614 | €16,054 | -€154,560 | -90.6% |
| Taxes, remuneration and social security | 45 | €20,793 | €9,391 | -€11,403 | -54.8% |
| Taxes | 450/3 | €17,543 | €9,391 | -€8,153 | -46.5% |
| Remuneration and social security | 454/9 | €3,250 | - | -€3,250 | |
| Other amounts payable | 47/48 | €11,653 | €9,700 | -€1,953 | -16.8% |
| Accrued charges and deferred income | 492/3 | €70,000 | €36,000 | -€34,000 | -48.6% |
| Non-recurring operating income | 76A | €5,397 | - | -€5,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,930 | €10,364 | +€433 | +4.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €61,027 | €87,321 | +€26,294 | +43.1% |
| Operating profit (loss) | 9901 | €50,709 | €76,558 | +€25,849 | +51.0% |
| Financial income | 75/76B | €671 | €155 | -€517 | -77.0% |
| Recurring financial income | 75 | €671 | €155 | -€517 | -77.0% |
| Financial charges | 65/66B | €4,581 | €10,029 | +€5,448 | +118.9% |
| Recurring financial charges | 65 | €4,581 | €10,029 | +€5,448 | +118.9% |
| Profit (loss) for the period before taxes | 9903 | €46,800 | €66,684 | +€19,884 | +42.5% |
| Income taxes | 67/77 | €13,264 | €17,990 | +€4,726 | +35.6% |
| Profit (loss) for the period | 9904 | €33,536 | €48,694 | +€15,158 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,536 | €48,694 | +€15,158 | +45.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.