KDK6: 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.
KDK6
Largest movements
- Cash -€3,912
down €3,912 (-78.9%), from €4,956 to €1,044
mainly Net result for the year (-€31,301) and Investment in fixed assets (net) (-€3,376)
- Tangible fixed assets -€2,508
down €2,508 (-5.8%), from €42,898 to €40,389
of which Land and buildings: -€2,483
- Deferred charges and accrued income +€2,050
up €2,050 (+281.4%), from €729 to €2,779
- Receivables within one year -€978
down €978 (-95.7%), from €1,022 to €44
- Profit (loss) carried forward -€31,301
down €31,301 (-11.8%), from -€264,507 to -€295,809
- Other debts +€23,981
up €23,981 (+31.1%), from €77,131 to €101,113
- Trade debts +€1,923
up €1,923 (+298.3%), from €645 to €2,568
- Gross operating margin -€16,551
down €16,551 (-335.3%), from -€4,936 to -€21,487
- Depreciation -€2,054
down €2,054 (-25.9%), from €7,938 to €5,884
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 | €49,753 | €44,405 | -€5,348 | -10.7% |
| Fixed assets | 21/28 | €43,047 | €40,538 | -€2,508 | -5.8% |
| Tangible fixed assets | 22/27 | €42,898 | €40,389 | -€2,508 | -5.8% |
| Land and buildings | 22 | €42,870 | €40,387 | -€2,483 | -5.8% |
| Plant, machinery and equipment | 23 | €28 | €2 | -€25 | -91.3% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €6,706 | €3,867 | -€2,839 | -42.3% |
| Amounts receivable within one year | 40/41 | €1,022 | €44 | -€978 | -95.7% |
| Other amounts receivable | 41 | €1,022 | €44 | -€978 | -95.7% |
| Cash at bank and in hand | 54/58 | €4,956 | €1,044 | -€3,912 | -78.9% |
| Deferred charges and accrued income | 490/1 | €729 | €2,779 | +€2,050 | +281.4% |
| Total equity and liabilities | 10/49 | €49,753 | €44,405 | -€5,348 | -10.7% |
| Equity | 10/15 | -€125,053 | -€156,354 | -€31,301 | -25.0% |
| Contributions | 10/11 | €122,498 | €122,498 | = | 0.0% |
| Capital | 10 | €122,498 | €122,498 | = | 0.0% |
| Issued capital | 100 | €122,498 | €122,498 | = | 0.0% |
| Reserves | 13 | €16,956 | €16,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,250 | €12,250 | = | 0.0% |
| Legal reserve | 130 | €12,250 | €12,250 | = | 0.0% |
| Distributable reserves | 133 | €4,706 | €4,706 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€264,507 | -€295,809 | -€31,301 | -11.8% |
| Amounts payable | 17/49 | €174,806 | €200,760 | +€25,953 | +14.8% |
| Amounts payable after more than one year | 17 | €97,000 | €97,000 | = | 0.0% |
| Financial debts | 170/4 | €97,000 | €97,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €77,806 | €103,760 | +€25,953 | +33.4% |
| Financial debts | 43 | €27 | €34 | +€7 | +25.0% |
| Other loans | 439 | €27 | €34 | +€7 | +25.0% |
| Trade debts | 44 | €645 | €2,568 | +€1,923 | +298.3% |
| Suppliers | 440/4 | €645 | €2,568 | +€1,923 | +298.3% |
| Taxes, remuneration and social security | 45 | €3 | €45 | +€42 | +1441.9% |
| Taxes | 450/3 | €3 | €45 | +€42 | +1441.9% |
| Other amounts payable | 47/48 | €77,131 | €101,113 | +€23,981 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,938 | €5,884 | -€2,054 | -25.9% |
| Other operating charges | 640/8 | €3,687 | €3,669 | -€18 | -0.5% |
| Gross operating margin | 9900 | -€4,936 | -€21,487 | -€16,551 | -335.3% |
| Operating profit (loss) | 9901 | -€16,561 | -€31,040 | -€14,479 | -87.4% |
| Financial income | 75/76B | €5 | €2 | -€3 | -58.2% |
| Recurring financial income | 75 | €5 | €2 | -€3 | -58.2% |
| Financial charges | 65/66B | €271 | €262 | -€8 | -3.1% |
| Recurring financial charges | 65 | €271 | €262 | -€8 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,827 | -€31,301 | -€14,474 | -86.0% |
| Income taxes | 67/77 | €2 | €1 | -€1 | -59.0% |
| Profit (loss) for the period | 9904 | -€16,828 | -€31,301 | -€14,473 | -86.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,828 | -€31,301 | -€14,473 | -86.0% |
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 11 October 2026 via checked.be.