KI-LAW: 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.
KI-LAW
Largest movements
- Receivables within one year +€54,976
up €54,976 (+346.7%), from €15,858 to €70,834
of which Trade receivables: +€56,645
- Cash -€32,608
down €32,608 (-28.3%), from €115,251 to €82,642
mainly Receivables within one year (-€54,976) and Trade debts (-€19,047)
- Tangible fixed assets -€4,696
down €4,696 (-50.1%), from €9,380 to €4,683
- Deferred charges and accrued income +€4,074
up €4,074 (+238.6%), from €1,708 to €5,782
- Reserves +€27,542
up €27,542 (+42.1%), from €65,472 to €93,014
- Trade debts -€19,047
down €19,047 (-25.6%), from €74,276 to €55,229
- Tax, wage and social debts +€8,790
up €8,790 (+88.6%), from €9,926 to €18,716
of which Taxes: +€7,396
- Other debts +€4,461
up €4,461 (+19834.6%), from €22 to €4,483
- Depreciation +€4,683
up €4,683 (+36390.1%), from €13 to €4,696
- Gross operating margin +€2,868
up €2,868 (+2.9%), from €100,607 to €103,475
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 | €150,696 | €172,442 | +€21,746 | +14.4% |
| Fixed assets | 21/28 | €9,380 | €4,683 | -€4,696 | -50.1% |
| Tangible fixed assets | 22/27 | €9,380 | €4,683 | -€4,696 | -50.1% |
| Furniture and vehicles | 24 | €9,380 | €4,683 | -€4,696 | -50.1% |
| Current assets | 29/58 | €141,316 | €167,759 | +€26,443 | +18.7% |
| Amounts receivable after more than one year | 29 | €8,500 | €8,500 | = | 0.0% |
| Other amounts receivable | 291 | €8,500 | €8,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,858 | €70,834 | +€54,976 | +346.7% |
| Trade receivables | 40 | €7,522 | €64,167 | +€56,645 | +753.1% |
| Other amounts receivable | 41 | €8,336 | €6,667 | -€1,668 | -20.0% |
| Cash at bank and in hand | 54/58 | €115,251 | €82,642 | -€32,608 | -28.3% |
| Deferred charges and accrued income | 490/1 | €1,708 | €5,782 | +€4,074 | +238.6% |
| Total equity and liabilities | 10/49 | €150,696 | €172,442 | +€21,746 | +14.4% |
| Equity | 10/15 | €66,472 | €94,014 | +€27,542 | +41.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €65,472 | €93,014 | +€27,542 | +42.1% |
| Distributable reserves | 133 | €65,472 | €93,014 | +€27,542 | +42.1% |
| Amounts payable | 17/49 | €84,224 | €78,429 | -€5,796 | -6.9% |
| Amounts payable within one year | 42/48 | €84,224 | €78,429 | -€5,796 | -6.9% |
| Trade debts | 44 | €74,276 | €55,229 | -€19,047 | -25.6% |
| Suppliers | 440/4 | €74,276 | €55,229 | -€19,047 | -25.6% |
| Taxes, remuneration and social security | 45 | €9,926 | €18,716 | +€8,790 | +88.6% |
| Taxes | 450/3 | €2,864 | €10,260 | +€7,396 | +258.2% |
| Remuneration and social security | 454/9 | €7,062 | €8,456 | +€1,395 | +19.8% |
| Other amounts payable | 47/48 | €22 | €4,483 | +€4,461 | +19834.6% |
| Remuneration, social security and pensions | 62 | €61,586 | €61,962 | +€377 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13 | €4,696 | +€4,683 | +36390.1% |
| Other operating charges | 640/8 | €875 | €1,030 | +€154 | +17.6% |
| Gross operating margin | 9900 | €100,607 | €103,475 | +€2,868 | +2.9% |
| Operating profit (loss) | 9901 | €38,133 | €35,787 | -€2,346 | -6.2% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €585 | €152 | -€433 | -74.1% |
| Recurring financial charges | 65 | €585 | €152 | -€433 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | €37,548 | €35,635 | -€1,913 | -5.1% |
| Income taxes | 67/77 | €8,434 | €8,093 | -€341 | -4.0% |
| Profit (loss) for the period | 9904 | €29,114 | €27,542 | -€1,572 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,114 | €27,542 | -€1,572 | -5.4% |
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 11 October 2026 via checked.be.