KFee: 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.
KFee
Largest movements
- Cash -€109,108
down €109,108 (-73.9%), from €147,726 to €38,618
mainly Trade debts (-€98,194) and Net result for the year (-€29,864)
- Receivables within one year -€26,016
down €26,016 (-41.7%), from €62,315 to €36,299
of which Trade receivables: -€26,054
- Stocks and contracts -€8,038
no longer reported in 2025 (was €8,038)
- Trade debts -€98,194
down €98,194 (-92.8%), from €105,789 to €7,595
- Reserves -€29,864
down €29,864 (-42.8%), from €69,708 to €39,844
- Tax, wage and social debts -€9,656
no longer reported in 2025 (was €9,656)
of which Remuneration and social security: -€6,795
- Other debts -€3,526
down €3,526 (-14.5%), from €24,316 to €20,789
- Accrued charges and deferred income -€2,690
no longer reported in 2025 (was €2,690)
- Gross operating margin -€36,887
down €36,887 (-86.3%), from €42,747 to €5,860
- Staff costs -€19,628
down €19,628 (-37.2%), from €52,744 to €33,116
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 | €230,759 | €86,829 | -€143,930 | -62.4% |
| Fixed assets | 21/28 | €12,680 | €11,912 | -€769 | -6.1% |
| Tangible fixed assets | 22/27 | €4,965 | €4,197 | -€769 | -15.5% |
| Land and buildings | 22 | €767 | €662 | -€105 | -13.6% |
| Plant, machinery and equipment | 23 | €4,198 | €3,534 | -€664 | -15.8% |
| Financial fixed assets | 28 | €7,715 | €7,715 | = | 0.0% |
| Current assets | 29/58 | €218,078 | €74,917 | -€143,161 | -65.6% |
| Stocks and contracts in progress | 3 | €8,038 | - | -€8,038 | |
| Stocks | 30/36 | €8,038 | - | -€8,038 | |
| Amounts receivable within one year | 40/41 | €62,315 | €36,299 | -€26,016 | -41.7% |
| Trade receivables | 40 | €62,315 | €36,260 | -€26,054 | -41.8% |
| Other amounts receivable | 41 | - | €39 | +€39 | |
| Cash at bank and in hand | 54/58 | €147,726 | €38,618 | -€109,108 | -73.9% |
| Total equity and liabilities | 10/49 | €230,759 | €86,829 | -€143,930 | -62.4% |
| Equity | 10/15 | €88,308 | €58,444 | -€29,864 | -33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,708 | €39,844 | -€29,864 | -42.8% |
| Distributable reserves | 133 | €69,708 | €39,844 | -€29,864 | -42.8% |
| Amounts payable | 17/49 | €142,451 | €28,385 | -€114,066 | -80.1% |
| Amounts payable within one year | 42/48 | €139,761 | €28,385 | -€111,376 | -79.7% |
| Trade debts | 44 | €105,789 | €7,595 | -€98,194 | -92.8% |
| Suppliers | 440/4 | €105,789 | €7,595 | -€98,194 | -92.8% |
| Taxes, remuneration and social security | 45 | €9,656 | - | -€9,656 | |
| Taxes | 450/3 | €2,861 | - | -€2,861 | |
| Remuneration and social security | 454/9 | €6,795 | - | -€6,795 | |
| Other amounts payable | 47/48 | €24,316 | €20,789 | -€3,526 | -14.5% |
| Accrued charges and deferred income | 492/3 | €2,690 | - | -€2,690 | |
| Remuneration, social security and pensions | 62 | €52,744 | €33,116 | -€19,628 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,065 | €769 | -€296 | -27.8% |
| Other operating charges | 640/8 | €448 | €841 | +€393 | +87.7% |
| Gross operating margin | 9900 | €42,747 | €5,860 | -€36,887 | -86.3% |
| Operating profit (loss) | 9901 | -€11,510 | -€28,865 | -€17,355 | -150.8% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €805 | €999 | +€194 | +24.1% |
| Recurring financial charges | 65 | €805 | €999 | +€194 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,311 | -€29,864 | -€17,553 | -142.6% |
| Profit (loss) for the period | 9904 | -€12,311 | -€29,864 | -€17,553 | -142.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,311 | -€29,864 | -€17,553 | -142.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.