KDKE: 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.
KDKE
Largest movements
- Cash -€17,871
no longer reported in 2025 (was €17,871)
mainly Investment in fixed assets (net) (-€11,326) and Tax, wage and social debts (-€10,033)
- Tangible fixed assets +€10,437
new in 2025: €10,437
- Receivables within one year -€3,167
down €3,167 (-63.0%), from €5,029 to €1,862
of which Trade receivables: -€4,470
- Deferred charges and accrued income +€2,671
up €2,671 (+106.6%), from €2,506 to €5,177
- Tax, wage and social debts -€10,033
down €10,033 (-62.6%), from €16,020 to €5,987
of which Remuneration and social security: -€9,387
- Profit (loss) carried forward +€5,127
up €5,127 (+15.7%), from -€32,587 to -€27,460
- Debts after one year -€4,198
down €4,198 (-32.7%), from €12,850 to €8,652
- Other debts +€3,747
up €3,747 (+61.6%), from €6,086 to €9,833
- Trade debts -€2,608
down €2,608 (-28.2%), from €9,259 to €6,651
- Gross operating margin -€9,474
down €9,474 (-37.9%), from €25,027 to €15,553
- Staff costs -€1,494
down €1,494 (-20.1%), from €7,447 to €5,953
- Financial charges -€1,269
down €1,269 (-36.5%), from €3,476 to €2,207
- Depreciation +€890
new in 2025: €890
- Taxes -€530
down €530, from €133 to -€397
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 | €27,742 | €19,965 | -€7,777 | -28.0% |
| Fixed assets | 21/28 | - | €10,437 | +€10,437 | |
| Tangible fixed assets | 22/27 | - | €10,437 | +€10,437 | |
| Furniture and vehicles | 24 | - | €10,437 | +€10,437 | |
| Current assets | 29/58 | €27,742 | €9,528 | -€18,214 | -65.7% |
| Stocks and contracts in progress | 3 | €2,337 | €2,489 | +€152 | +6.5% |
| Stocks | 30/36 | €2,337 | €2,489 | +€152 | +6.5% |
| Amounts receivable within one year | 40/41 | €5,029 | €1,862 | -€3,167 | -63.0% |
| Trade receivables | 40 | €5,010 | €541 | -€4,470 | -89.2% |
| Other amounts receivable | 41 | €18 | €1,322 | +€1,303 | +7068.0% |
| Cash at bank and in hand | 54/58 | €17,871 | - | -€17,871 | |
| Deferred charges and accrued income | 490/1 | €2,506 | €5,177 | +€2,671 | +106.6% |
| Total equity and liabilities | 10/49 | €27,742 | €19,965 | -€7,777 | -28.0% |
| Equity | 10/15 | -€20,587 | -€15,460 | +€5,127 | +24.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,587 | -€27,460 | +€5,127 | +15.7% |
| Amounts payable | 17/49 | €48,329 | €35,425 | -€12,904 | -26.7% |
| Amounts payable after more than one year | 17 | €12,850 | €8,652 | -€4,198 | -32.7% |
| Financial debts | 170/4 | €12,850 | €8,652 | -€4,198 | -32.7% |
| Amounts payable within one year | 42/48 | €35,479 | €26,774 | -€8,706 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €4,115 | €4,198 | +€83 | +2.0% |
| Financial debts | 43 | - | €105 | +€105 | |
| Credit institutions | 430/8 | - | €105 | +€105 | |
| Trade debts | 44 | €9,259 | €6,651 | -€2,608 | -28.2% |
| Suppliers | 440/4 | €9,259 | €6,651 | -€2,608 | -28.2% |
| Taxes, remuneration and social security | 45 | €16,020 | €5,987 | -€10,033 | -62.6% |
| Taxes | 450/3 | €6,133 | €5,487 | -€646 | -10.5% |
| Remuneration and social security | 454/9 | €9,887 | €500 | -€9,387 | -94.9% |
| Other amounts payable | 47/48 | €6,086 | €9,833 | +€3,747 | +61.6% |
| Remuneration, social security and pensions | 62 | €7,447 | €5,953 | -€1,494 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €890 | +€890 | |
| Other operating charges | 640/8 | €2,050 | €1,798 | -€252 | -12.3% |
| Gross operating margin | 9900 | €25,027 | €15,553 | -€9,474 | -37.9% |
| Operating profit (loss) | 9901 | €15,530 | €6,913 | -€8,617 | -55.5% |
| Financial income | 75/76B | €28 | €24 | -€5 | -15.9% |
| Recurring financial income | 75 | €28 | €24 | -€5 | -15.9% |
| Financial charges | 65/66B | €3,476 | €2,207 | -€1,269 | -36.5% |
| Recurring financial charges | 65 | €3,476 | €2,207 | -€1,269 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €12,082 | €4,730 | -€7,352 | -60.9% |
| Income taxes | 67/77 | €133 | -€397 | -€530 | |
| Profit (loss) for the period | 9904 | €11,949 | €5,127 | -€6,823 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,949 | €5,127 | -€6,823 | -57.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.