Ki-Inc.: 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.
Ki-Inc.
Largest movements
- Cash +€166,738
up €166,738 (+347.9%), from €47,933 to €214,671
mainly Net result for the year (+€83,708) and Current investments (+€75,000)
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Deferred charges and accrued income +€15,659
up €15,659 (+1156.8%), from €1,354 to €17,013
- Reserves +€83,708
up €83,708 (+66.1%), from €126,733 to €210,440
- Trade debts +€25,157
up €25,157 (+1259.0%), from €1,998 to €27,155
- Gross operating margin -€4,483
down €4,483 (-3.9%), from €114,747 to €110,264
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 | €174,135 | €281,087 | +€106,952 | +61.4% |
| Fixed assets | 21/28 | €23,715 | €20,981 | -€2,734 | -11.5% |
| Tangible fixed assets | 22/27 | €23,715 | €20,981 | -€2,734 | -11.5% |
| Furniture and vehicles | 24 | €9,847 | €7,639 | -€2,208 | -22.4% |
| Other tangible fixed assets | 26 | €13,867 | €13,342 | -€525 | -3.8% |
| Current assets | 29/58 | €150,420 | €260,106 | +€109,686 | +72.9% |
| Amounts receivable within one year | 40/41 | €26,134 | €28,423 | +€2,289 | +8.8% |
| Trade receivables | 40 | €26,134 | €28,423 | +€2,289 | +8.8% |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €47,933 | €214,671 | +€166,738 | +347.9% |
| Deferred charges and accrued income | 490/1 | €1,354 | €17,013 | +€15,659 | +1156.8% |
| Total equity and liabilities | 10/49 | €174,135 | €281,087 | +€106,952 | +61.4% |
| Equity | 10/15 | €131,733 | €215,440 | +€83,708 | +63.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €126,733 | €210,440 | +€83,708 | +66.1% |
| Distributable reserves | 133 | €126,733 | €210,440 | +€83,708 | +66.1% |
| Amounts payable | 17/49 | €42,402 | €65,646 | +€23,245 | +54.8% |
| Amounts payable within one year | 42/48 | €42,402 | €65,646 | +€23,245 | +54.8% |
| Trade debts | 44 | €1,998 | €27,155 | +€25,157 | +1259.0% |
| Suppliers | 440/4 | €1,998 | €27,155 | +€25,157 | +1259.0% |
| Taxes, remuneration and social security | 45 | €40,184 | €38,146 | -€2,038 | -5.1% |
| Taxes | 450/3 | €37,204 | €35,166 | -€2,038 | -5.5% |
| Remuneration and social security | 454/9 | €2,980 | €2,980 | = | 0.0% |
| Other amounts payable | 47/48 | €220 | €345 | +€126 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,638 | €2,734 | +€1,095 | +66.9% |
| Other operating charges | 640/8 | €756 | €388 | -€368 | -48.7% |
| Gross operating margin | 9900 | €114,747 | €110,264 | -€4,483 | -3.9% |
| Operating profit (loss) | 9901 | €112,352 | €107,143 | -€5,210 | -4.6% |
| Financial income | 75/76B | €364 | €1,056 | +€692 | +190.3% |
| Recurring financial income | 75 | €364 | €1,056 | +€692 | +190.3% |
| Financial charges | 65/66B | €50 | €120 | +€70 | +140.9% |
| Recurring financial charges | 65 | €50 | €120 | +€70 | +140.9% |
| Profit (loss) for the period before taxes | 9903 | €112,666 | €108,078 | -€4,588 | -4.1% |
| Income taxes | 67/77 | €24,941 | €24,371 | -€570 | -2.3% |
| Profit (loss) for the period | 9904 | €87,725 | €83,708 | -€4,017 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,725 | €83,708 | -€4,017 | -4.6% |
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 3 October 2026 via checked.be.