KEVIN BALDI SRL: 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.
KEVIN BALDI SRL
Largest movements
- Intangible fixed assets -€9,000
down €9,000 (-10.7%), from €84,467 to €75,467
- Cash -€4,825
down €4,825 (-26.5%), from €18,222 to €13,396
mainly Other debts (-€17,049) and Debts after one year (-€9,651)
- Deferred charges and accrued income -€2,775
down €2,775 (-25.3%), from €10,971 to €8,195
- Other debts -€17,049
down €17,049 (-47.8%), from €35,671 to €18,622
- Debts after one year -€9,651
down €9,651 (-16.6%), from €58,239 to €48,589
- Profit (loss) carried forward +€8,820
up €8,820 (+29.4%), from €30,050 to €38,870
- Tax, wage and social debts +€2,750
up €2,750 (+76.4%), from €3,600 to €6,350
of which Taxes: +€2,750
- Trade debts -€1,853
down €1,853 (-56.3%), from €3,294 to €1,440
- Gross operating margin +€6,902
up €6,902 (+40.2%), from €17,157 to €24,059
- Depreciation +€3,467
up €3,467 (+62.7%), from €5,533 to €9,000
- Taxes +€1,026
up €1,026 (+59.5%), from €1,724 to €2,750
- Financial charges +€777
up €777 (+39.7%), from €1,954 to €2,731
- Other operating charges -€375
down €375 (-33.1%), from €1,133 to €758
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 | €142,623 | €126,022 | -€16,601 | -11.6% |
| Fixed assets | 21/28 | €85,558 | €76,558 | -€9,000 | -10.5% |
| Intangible fixed assets | 21 | €84,467 | €75,467 | -€9,000 | -10.7% |
| Financial fixed assets | 28 | €1,091 | €1,091 | = | 0.0% |
| Current assets | 29/58 | €57,065 | €49,464 | -€7,601 | -13.3% |
| Amounts receivable within one year | 40/41 | €27,872 | €27,872 | = | 0.0% |
| Other amounts receivable | 41 | €27,872 | €27,872 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,222 | €13,396 | -€4,825 | -26.5% |
| Deferred charges and accrued income | 490/1 | €10,971 | €8,195 | -€2,775 | -25.3% |
| Total equity and liabilities | 10/49 | €142,623 | €126,022 | -€16,601 | -11.6% |
| Equity | 10/15 | €32,550 | €41,370 | +€8,820 | +27.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,050 | €38,870 | +€8,820 | +29.4% |
| Amounts payable | 17/49 | €110,073 | €84,652 | -€25,421 | -23.1% |
| Amounts payable after more than one year | 17 | €58,239 | €48,589 | -€9,651 | -16.6% |
| Financial debts | 170/4 | €58,239 | €48,589 | -€9,651 | -16.6% |
| Amounts payable within one year | 42/48 | €51,833 | €36,063 | -€15,770 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €9,269 | €9,651 | +€382 | +4.1% |
| Trade debts | 44 | €3,294 | €1,440 | -€1,853 | -56.3% |
| Suppliers | 440/4 | €3,294 | €1,440 | -€1,853 | -56.3% |
| Taxes, remuneration and social security | 45 | €3,600 | €6,350 | +€2,750 | +76.4% |
| Taxes | 450/3 | - | €2,750 | +€2,750 | |
| Remuneration and social security | 454/9 | €3,600 | €3,600 | = | 0.0% |
| Other amounts payable | 47/48 | €35,671 | €18,622 | -€17,049 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,533 | €9,000 | +€3,467 | +62.7% |
| Other operating charges | 640/8 | €1,133 | €758 | -€375 | -33.1% |
| Gross operating margin | 9900 | €17,157 | €24,059 | +€6,902 | +40.2% |
| Operating profit (loss) | 9901 | €10,491 | €14,301 | +€3,810 | +36.3% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €1,954 | €2,731 | +€777 | +39.7% |
| Recurring financial charges | 65 | €1,954 | €2,731 | +€777 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €8,546 | €11,570 | +€3,024 | +35.4% |
| Income taxes | 67/77 | €1,724 | €2,750 | +€1,026 | +59.5% |
| Profit (loss) for the period | 9904 | €6,822 | €8,820 | +€1,999 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,822 | €8,820 | +€1,999 | +29.3% |
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 19 October 2026 via checked.be.