KDR7: 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.
KDR7
Largest movements
- Cash +€3,870
up €3,870 (+25.2%), from €15,332 to €19,202
mainly Net result for the year (+€5,042) and Receivables within one year (+€2,620)
- Receivables within one year -€2,620
down €2,620 (-56.1%), from €4,671 to €2,051
- Reserves +€5,042
up €5,042 (+53.7%), from €9,386 to €14,429
- Trade debts -€4,264
down €4,264 (-85.0%), from €5,018 to €754
- Tax, wage and social debts +€2,183
up €2,183 (+53.7%), from €4,068 to €6,251
- Other debts -€1,511
down €1,511 (-83.7%), from €1,804 to €294
- Gross operating margin -€4,128
down €4,128 (-31.6%), from €13,044 to €8,916
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 | €21,277 | €22,727 | +€1,450 | +6.8% |
| Current assets | 29/58 | €21,277 | €22,727 | +€1,450 | +6.8% |
| Amounts receivable within one year | 40/41 | €4,671 | €2,051 | -€2,620 | -56.1% |
| Trade receivables | 40 | €4,671 | €2,051 | -€2,620 | -56.1% |
| Cash at bank and in hand | 54/58 | €15,332 | €19,202 | +€3,870 | +25.2% |
| Deferred charges and accrued income | 490/1 | €1,274 | €1,474 | +€200 | +15.7% |
| Total equity and liabilities | 10/49 | €21,277 | €22,727 | +€1,450 | +6.8% |
| Equity | 10/15 | €10,386 | €15,429 | +€5,042 | +48.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €9,386 | €14,429 | +€5,042 | +53.7% |
| Distributable reserves | 133 | €9,386 | €14,429 | +€5,042 | +53.7% |
| Amounts payable | 17/49 | €10,890 | €7,299 | -€3,592 | -33.0% |
| Amounts payable within one year | 42/48 | €10,890 | €7,299 | -€3,592 | -33.0% |
| Trade debts | 44 | €5,018 | €754 | -€4,264 | -85.0% |
| Suppliers | 440/4 | €5,018 | €754 | -€4,264 | -85.0% |
| Taxes, remuneration and social security | 45 | €4,068 | €6,251 | +€2,183 | +53.7% |
| Taxes | 450/3 | €4,068 | €6,251 | +€2,183 | +53.7% |
| Other amounts payable | 47/48 | €1,804 | €294 | -€1,511 | -83.7% |
| Other operating charges | 640/8 | €181 | €294 | +€114 | +62.9% |
| Gross operating margin | 9900 | €13,044 | €8,916 | -€4,128 | -31.6% |
| Operating profit (loss) | 9901 | €12,864 | €8,622 | -€4,241 | -33.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €938 | €994 | +€56 | +6.0% |
| Recurring financial charges | 65 | €938 | €994 | +€56 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €11,926 | €7,628 | -€4,297 | -36.0% |
| Income taxes | 67/77 | €2,539 | €2,586 | +€47 | +1.9% |
| Profit (loss) for the period | 9904 | €9,386 | €5,042 | -€4,344 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,386 | €5,042 | -€4,344 | -46.3% |
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 3 October 2026 via checked.be.