KDNS: 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.
KDNS
Largest movements
- Deferred charges and accrued income -€13,804
down €13,804 (-76.7%), from €18,006 to €4,202
- Tangible fixed assets -€5,342
down €5,342 (-18.9%), from €28,238 to €22,896
of which Furniture and vehicles: -€3,429
- Receivables within one year +€4,073
up €4,073 (+15.0%), from €27,084 to €31,157
of which Other amounts receivable: +€15,191
- Cash +€3,982
up €3,982 (+48.7%), from €8,169 to €12,151
mainly Net result for the year (+€18,684) and Deferred charges and accrued income (+€13,804)
- Trade debts -€5,772
down €5,772 (-58.8%), from €9,821 to €4,049
- Current portion of long-term debt -€4,195
down €4,195 (-57.8%), from €7,262 to €3,067
- Debts after one year -€3,067
no longer reported in 2025 (was €3,067)
- Tax, wage and social debts +€2,303
up €2,303 (+10.4%), from €22,229 to €24,533
of which Taxes: +€2,303
- Depreciation +€3,097
up €3,097 (+31.0%), from €9,988 to €13,084
- Gross operating margin +€1,264
up €1,264 (+3.4%), from €36,917 to €38,181
- Other operating charges -€1,019
down €1,019 (-57.0%), from €1,788 to €769
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 | €81,497 | €70,407 | -€11,091 | -13.6% |
| Fixed assets | 21/28 | €28,238 | €22,896 | -€5,342 | -18.9% |
| Tangible fixed assets | 22/27 | €28,238 | €22,896 | -€5,342 | -18.9% |
| Plant, machinery and equipment | 23 | €8,048 | €6,280 | -€1,768 | -22.0% |
| Furniture and vehicles | 24 | €19,560 | €16,131 | -€3,429 | -17.5% |
| Other tangible fixed assets | 26 | €630 | €485 | -€145 | -23.0% |
| Current assets | 29/58 | €53,259 | €47,511 | -€5,749 | -10.8% |
| Amounts receivable within one year | 40/41 | €27,084 | €31,157 | +€4,073 | +15.0% |
| Trade receivables | 40 | €27,084 | €15,966 | -€11,118 | -41.1% |
| Other amounts receivable | 41 | - | €15,191 | +€15,191 | |
| Cash at bank and in hand | 54/58 | €8,169 | €12,151 | +€3,982 | +48.7% |
| Deferred charges and accrued income | 490/1 | €18,006 | €4,202 | -€13,804 | -76.7% |
| Total equity and liabilities | 10/49 | €81,497 | €70,407 | -€11,091 | -13.6% |
| Equity | 10/15 | €38,758 | €38,758 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,758 | €33,758 | = | 0.0% |
| Distributable reserves | 133 | €33,758 | €33,758 | = | 0.0% |
| Amounts payable | 17/49 | €42,739 | €31,649 | -€11,091 | -25.9% |
| Amounts payable after more than one year | 17 | €3,067 | - | -€3,067 | |
| Financial debts | 170/4 | €3,067 | - | -€3,067 | |
| Amounts payable within one year | 42/48 | €39,673 | €31,649 | -€8,024 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €7,262 | €3,067 | -€4,195 | -57.8% |
| Trade debts | 44 | €9,821 | €4,049 | -€5,772 | -58.8% |
| Suppliers | 440/4 | €9,821 | €4,049 | -€5,772 | -58.8% |
| Taxes, remuneration and social security | 45 | €22,229 | €24,533 | +€2,303 | +10.4% |
| Taxes | 450/3 | €19,879 | €22,183 | +€2,303 | +11.6% |
| Remuneration and social security | 454/9 | €2,350 | €2,350 | = | 0.0% |
| Other amounts payable | 47/48 | €360 | - | -€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,988 | €13,084 | +€3,097 | +31.0% |
| Other operating charges | 640/8 | €1,788 | €769 | -€1,019 | -57.0% |
| Gross operating margin | 9900 | €36,917 | €38,181 | +€1,264 | +3.4% |
| Operating profit (loss) | 9901 | €25,142 | €24,328 | -€814 | -3.2% |
| Financial income | 75/76B | €548 | €843 | +€296 | +53.9% |
| Recurring financial income | 75 | €548 | €843 | +€296 | +53.9% |
| Financial charges | 65/66B | €564 | €241 | -€323 | -57.3% |
| Recurring financial charges | 65 | €564 | €241 | -€323 | -57.3% |
| Profit (loss) for the period before taxes | 9903 | €25,125 | €24,930 | -€196 | -0.8% |
| Income taxes | 67/77 | €6,364 | €6,246 | -€118 | -1.9% |
| Profit (loss) for the period | 9904 | €18,761 | €18,684 | -€77 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,761 | €18,684 | -€77 | -0.4% |
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 25 October 2026 via checked.be.