KDREAMS: 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.
KDREAMS
Largest movements
- Cash -€63,844
down €63,844 (-81.8%), from €78,052 to €14,208
mainly Net result for the year (-€56,242) and Tax, wage and social debts (-€8,351)
- Tangible fixed assets -€6,921
no longer reported in 2025 (was €6,921)
- Receivables within one year +€5,910
up €5,910 (+10.2%), from €58,051 to €63,961
of which Trade receivables: +€7,713
- Profit (loss) carried forward -€56,242
down €56,242 (-60.2%), from €93,350 to €37,108
- Tax, wage and social debts -€8,351
down €8,351 (-26.8%), from €31,138 to €22,787
of which Remuneration and social security: -€4,750
- Gross operating margin -€85,122
down €85,122 (-87.5%), from €97,227 to €12,105
- Taxes -€29,835
no longer reported in 2025 (was €29,835)
- Other operating charges -€13,756
down €13,756 (-79.2%), from €17,378 to €3,623
- Staff costs +€4,513
up €4,513 (+8.5%), from €53,212 to €57,724
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 | €145,192 | €80,382 | -€64,810 | -44.6% |
| Fixed assets | 21/28 | €6,921 | - | -€6,921 | |
| Tangible fixed assets | 22/27 | €6,921 | - | -€6,921 | |
| Furniture and vehicles | 24 | €6,921 | - | -€6,921 | |
| Current assets | 29/58 | €138,272 | €80,382 | -€57,890 | -41.9% |
| Amounts receivable within one year | 40/41 | €58,051 | €63,961 | +€5,910 | +10.2% |
| Trade receivables | 40 | €34,704 | €42,417 | +€7,713 | +22.2% |
| Other amounts receivable | 41 | €23,348 | €21,544 | -€1,803 | -7.7% |
| Cash at bank and in hand | 54/58 | €78,052 | €14,208 | -€63,844 | -81.8% |
| Deferred charges and accrued income | 490/1 | €2,168 | €2,213 | +€45 | +2.1% |
| Total equity and liabilities | 10/49 | €145,192 | €80,382 | -€64,810 | -44.6% |
| Equity | 10/15 | €111,950 | €55,708 | -€56,242 | -50.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,350 | €37,108 | -€56,242 | -60.2% |
| Amounts payable | 17/49 | €33,242 | €24,674 | -€8,568 | -25.8% |
| Amounts payable within one year | 42/48 | €33,242 | €24,674 | -€8,568 | -25.8% |
| Trade debts | 44 | €1,283 | €620 | -€662 | -51.6% |
| Suppliers | 440/4 | €1,283 | €620 | -€662 | -51.6% |
| Taxes, remuneration and social security | 45 | €31,138 | €22,787 | -€8,351 | -26.8% |
| Taxes | 450/3 | €8,834 | €5,233 | -€3,602 | -40.8% |
| Remuneration and social security | 454/9 | €22,304 | €17,554 | -€4,750 | -21.3% |
| Other amounts payable | 47/48 | €821 | €1,266 | +€446 | +54.3% |
| Non-recurring operating income | 76A | - | €1,947 | +€1,947 | |
| Remuneration, social security and pensions | 62 | €53,212 | €57,724 | +€4,513 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,921 | €6,921 | -€0 | 0.0% |
| Other operating charges | 640/8 | €17,378 | €3,623 | -€13,756 | -79.2% |
| Gross operating margin | 9900 | €97,227 | €12,105 | -€85,122 | -87.5% |
| Operating profit (loss) | 9901 | €19,717 | -€56,162 | -€75,879 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -71.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -71.4% |
| Financial charges | 65/66B | €92 | €80 | -€12 | -12.7% |
| Recurring financial charges | 65 | €92 | €80 | -€12 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €19,625 | -€56,242 | -€75,867 | |
| Income taxes | 67/77 | €29,835 | - | -€29,835 | |
| Profit (loss) for the period | 9904 | -€10,210 | -€56,242 | -€46,032 | -451% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,210 | -€56,242 | -€46,032 | -451% |
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 13 October 2026 via checked.be.