KHALIDA: 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.
KHALIDA
Largest movements
- Cash -€49,215
down €49,215 (-28.1%), from €175,151 to €125,936
mainly Investment in fixed assets (net) (-€38,352) and Net result for the year (-€26,528)
- Tangible fixed assets +€31,661
up €31,661 (+72.8%), from €43,469 to €75,130
of which Furniture and vehicles: +€37,991
- Receivables within one year -€11,010
down €11,010 (-40.1%), from €27,469 to €16,459
of which Trade receivables: -€9,114
- Profit (loss) carried forward -€26,528
down €26,528 (-23.8%), from €111,457 to €84,929
- Trade debts -€12,271
down €12,271 (-22.9%), from €53,664 to €41,393
- Tax, wage and social debts +€8,827
up €8,827 (+12.0%), from €73,629 to €82,456
of which Taxes: +€6,181
- Gross operating margin -€59,624
down €59,624 (-18.2%), from €326,746 to €267,122
- Staff costs +€21,121
up €21,121 (+7.9%), from €266,278 to €287,399
- Taxes -€10,954
down €10,954 (-99.9%), from €10,965 to €11
- Financial income +€5,553
up €5,553 (+634%), from €876 to €6,428
of which Non-recurring financial income: +€4,019
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 | €258,751 | €228,778 | -€29,973 | -11.6% |
| Fixed assets | 21/28 | €43,469 | €75,130 | +€31,661 | +72.8% |
| Tangible fixed assets | 22/27 | €43,469 | €75,130 | +€31,661 | +72.8% |
| Plant, machinery and equipment | 23 | €43,469 | €37,139 | -€6,330 | -14.6% |
| Furniture and vehicles | 24 | - | €37,991 | +€37,991 | |
| Current assets | 29/58 | €215,281 | €153,647 | -€61,634 | -28.6% |
| Stocks and contracts in progress | 3 | €12,662 | €11,253 | -€1,409 | -11.1% |
| Stocks | 30/36 | €12,662 | €11,253 | -€1,409 | -11.1% |
| Amounts receivable within one year | 40/41 | €27,469 | €16,459 | -€11,010 | -40.1% |
| Trade receivables | 40 | €24,425 | €15,311 | -€9,114 | -37.3% |
| Other amounts receivable | 41 | €3,043 | €1,148 | -€1,895 | -62.3% |
| Cash at bank and in hand | 54/58 | €175,151 | €125,936 | -€49,215 | -28.1% |
| Total equity and liabilities | 10/49 | €258,751 | €228,778 | -€29,973 | -11.6% |
| Equity | 10/15 | €131,457 | €104,929 | -€26,528 | -20.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,457 | €84,929 | -€26,528 | -23.8% |
| Amounts payable | 17/49 | €127,293 | €123,848 | -€3,445 | -2.7% |
| Amounts payable within one year | 42/48 | €127,293 | €123,848 | -€3,445 | -2.7% |
| Trade debts | 44 | €53,664 | €41,393 | -€12,271 | -22.9% |
| Suppliers | 440/4 | €53,664 | €41,393 | -€12,271 | -22.9% |
| Taxes, remuneration and social security | 45 | €73,629 | €82,456 | +€8,827 | +12.0% |
| Taxes | 450/3 | €33,447 | €39,628 | +€6,181 | +18.5% |
| Remuneration and social security | 454/9 | €40,182 | €42,828 | +€2,645 | +6.6% |
| Remuneration, social security and pensions | 62 | €266,278 | €287,399 | +€21,121 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,567 | €6,691 | +€1,124 | +20.2% |
| Other operating charges | 640/8 | €1,102 | €2,379 | +€1,277 | +116% |
| Gross operating margin | 9900 | €326,746 | €267,122 | -€59,624 | -18.2% |
| Operating profit (loss) | 9901 | €53,799 | -€29,347 | -€83,146 | |
| Financial income | 75/76B | €876 | €6,428 | +€5,553 | +634% |
| Recurring financial income | 75 | €876 | €2,410 | +€1,534 | +175% |
| Non-recurring financial income | 76B | - | €4,019 | +€4,019 | |
| Financial charges | 65/66B | €3,985 | €3,599 | -€386 | -9.7% |
| Recurring financial charges | 65 | €3,985 | €3,599 | -€386 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €50,689 | -€26,518 | -€77,207 | |
| Income taxes | 67/77 | €10,965 | €11 | -€10,954 | -99.9% |
| Profit (loss) for the period | 9904 | €39,724 | -€26,528 | -€66,252 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,724 | -€26,528 | -€66,252 |
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 17 October 2026 via checked.be.