KEDIO: 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.
KEDIO
Largest movements
- Cash -€1,082
down €1,082 (-54.7%), from €1,977 to €895
mainly Net result for the year (-€664) and Debts after one year (-€418)
- Profit (loss) carried forward -€664
down €664 (-0.6%), from -€110,767 to -€111,430
- Debts after one year -€418
down €418 (-0.4%), from €109,457 to €109,039
No income-statement line moved by more than 1% of the activity.
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 | €4,891 | €3,809 | -€1,082 | -22.1% |
| Formation expenses | 20 | €2,914 | €2,914 | = | 0.0% |
| Current assets | 29/58 | €1,977 | €895 | -€1,082 | -54.7% |
| Cash at bank and in hand | 54/58 | €1,977 | €895 | -€1,082 | -54.7% |
| Total equity and liabilities | 10/49 | €4,891 | €3,809 | -€1,082 | -22.1% |
| Equity | 10/15 | -€104,567 | -€105,230 | -€664 | -0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,767 | -€111,430 | -€664 | -0.6% |
| Amounts payable | 17/49 | €109,457 | €109,039 | -€418 | -0.4% |
| Amounts payable after more than one year | 17 | €109,457 | €109,039 | -€418 | -0.4% |
| Financial debts | 170/4 | €109,457 | €109,039 | -€418 | -0.4% |
| Other operating charges | 640/8 | €393 | €393 | = | 0.0% |
| Gross operating margin | 9900 | -€226 | -€226 | = | 0.0% |
| Operating profit (loss) | 9901 | -€619 | -€619 | = | 0.0% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€664 | -€664 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€664 | -€664 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€664 | -€664 | = | 0.0% |
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 4 October 2026 via checked.be.