KG INVEST: 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.
KG INVEST
Largest movements
- Receivables within one year +€10,580
new in 2025: €10,580
- Cash +€10,099
up €10,099 (+46.9%), from €21,512 to €31,612
mainly Net result for the year (+€257,954) and Current portion of long-term debt (+€3,439)
- Profit (loss) carried forward +€257,954
up €257,954, from -€40,369 to €217,585
- Other debts -€153,000
down €153,000 (-99.3%), from €154,091 to €1,091
- Debts after one year -€87,960
down €87,960 (-14.2%), from €621,137 to €533,178
- Financial income +€285,000
up €285,000 (+2,849,999,900%), from €0 to €285,000
- Financial charges -€8,724
down €8,724 (-24.6%), from €35,517 to €26,794
- Gross operating margin +€4,113
up €4,113, from -€3,719 to €394
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
- Depreciation -€115
down €115 (-31.8%), from €361 to €246
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 | €822,381 | €842,814 | +€20,434 | +2.5% |
| Formation expenses | 20 | €868 | €623 | -€246 | -28.3% |
| Fixed assets | 21/28 | €800,000 | €800,000 | = | 0.0% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €21,512 | €42,192 | +€20,679 | +96.1% |
| Amounts receivable within one year | 40/41 | - | €10,580 | +€10,580 | |
| Other amounts receivable | 41 | - | €10,580 | +€10,580 | |
| Cash at bank and in hand | 54/58 | €21,512 | €31,612 | +€10,099 | +46.9% |
| Total equity and liabilities | 10/49 | €822,381 | €842,814 | +€20,434 | +2.5% |
| Equity | 10/15 | -€37,369 | €220,585 | +€257,954 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,369 | €217,585 | +€257,954 | |
| Amounts payable | 17/49 | €859,750 | €622,229 | -€237,521 | -27.6% |
| Amounts payable after more than one year | 17 | €621,137 | €533,178 | -€87,960 | -14.2% |
| Financial debts | 170/4 | €621,137 | €533,178 | -€87,960 | -14.2% |
| Amounts payable within one year | 42/48 | €238,612 | €89,051 | -€149,561 | -62.7% |
| Current portion of amounts payable after more than one year | 42 | €84,521 | €87,960 | +€3,439 | +4.1% |
| Other amounts payable | 47/48 | €154,091 | €1,091 | -€153,000 | -99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €246 | -€115 | -31.8% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | -€3,719 | €394 | +€4,113 | |
| Operating profit (loss) | 9901 | -€4,852 | -€252 | +€4,599 | +94.8% |
| Financial income | 75/76B | €0 | €285,000 | +€285,000 | +2,849,999,900% |
| Recurring financial income | 75 | €0 | €285,000 | +€285,000 | +2,849,999,900% |
| Financial charges | 65/66B | €35,517 | €26,794 | -€8,724 | -24.6% |
| Recurring financial charges | 65 | €35,517 | €26,794 | -€8,724 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€40,369 | €257,954 | +€298,323 | |
| Profit (loss) for the period | 9904 | -€40,369 | €257,954 | +€298,323 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,369 | €257,954 | +€298,323 |
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 28 October 2026 via checked.be.