KDW Services: 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.
KDW Services
Largest movements
- Receivables within one year +€46,583
up €46,583 (+163.8%), from €28,443 to €75,026
of which Other amounts receivable: +€27,651
- Deferred charges and accrued income -€884
down €884 (-32.3%), from €2,737 to €1,852
- Advances received +€22,908
new in 2025: €22,908
- Profit (loss) carried forward +€15,392
new in 2025: €15,392
- Tax, wage and social debts +€6,894
up €6,894 (+77.8%), from €8,861 to €15,755
- Gross operating margin +€2,242
up €2,242 (+10.6%), from €21,196 to €23,437
- Other operating charges -€821
down €821 (-45.3%), from €1,810 to €989
- Financial charges +€778
up €778 (+36.4%), from €2,137 to €2,915
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 | €31,631 | €76,928 | +€45,298 | +143.2% |
| Current assets | 29/58 | €31,631 | €76,928 | +€45,298 | +143.2% |
| Amounts receivable within one year | 40/41 | €28,443 | €75,026 | +€46,583 | +163.8% |
| Trade receivables | 40 | - | €18,933 | +€18,933 | |
| Other amounts receivable | 41 | €28,443 | €56,094 | +€27,651 | +97.2% |
| Cash at bank and in hand | 54/58 | €451 | €50 | -€401 | -89.0% |
| Deferred charges and accrued income | 490/1 | €2,737 | €1,852 | -€884 | -32.3% |
| Total equity and liabilities | 10/49 | €31,631 | €76,928 | +€45,298 | +143.2% |
| Equity | 10/15 | €16,202 | €31,594 | +€15,392 | +95.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,202 | €13,202 | = | 0.0% |
| Distributable reserves | 133 | €13,202 | €13,202 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €15,392 | +€15,392 | |
| Amounts payable | 17/49 | €15,428 | €45,335 | +€29,906 | +193.8% |
| Amounts payable within one year | 42/48 | €15,428 | €45,335 | +€29,906 | +193.8% |
| Trade debts | 44 | €6,568 | €6,671 | +€103 | +1.6% |
| Suppliers | 440/4 | €6,568 | €6,671 | +€103 | +1.6% |
| Advances received on contracts in progress | 46 | - | €22,908 | +€22,908 | |
| Taxes, remuneration and social security | 45 | €8,861 | €15,755 | +€6,894 | +77.8% |
| Taxes | 450/3 | €8,861 | €15,755 | +€6,894 | +77.8% |
| Other operating charges | 640/8 | €1,810 | €989 | -€821 | -45.3% |
| Gross operating margin | 9900 | €21,196 | €23,437 | +€2,242 | +10.6% |
| Operating profit (loss) | 9901 | €19,386 | €22,448 | +€3,063 | +15.8% |
| Financial income | 75/76B | €0 | €2 | +€2 | +614.3% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +614.3% |
| Financial charges | 65/66B | €2,137 | €2,915 | +€778 | +36.4% |
| Recurring financial charges | 65 | €2,137 | €2,915 | +€778 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €17,249 | €19,535 | +€2,286 | +13.3% |
| Income taxes | 67/77 | €4,047 | €4,143 | +€97 | +2.4% |
| Profit (loss) for the period | 9904 | €13,202 | €15,392 | +€2,189 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,202 | €15,392 | +€2,189 | +16.6% |
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 6 October 2026 via checked.be.