KI - VIF: 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 - VIF
Largest movements
- Receivables within one year +€4,209
up €4,209 (+124%), from €3,391 to €7,599
of which Trade receivables: +€6,227
- Tangible fixed assets +€2,191
up €2,191 (+150%), from €1,461 to €3,651
- Cash -€1,095
down €1,095 (-39.4%), from €2,782 to €1,686
mainly Receivables within one year (-€4,209) and Investment in fixed assets (net) (-€3,064)
- Deferred charges and accrued income -€818
down €818 (-88.2%), from €928 to €109
- Intangible fixed assets -€411
no longer reported in 2025 (was €411)
- Profit (loss) carried forward +€7,254
up €7,254 (+31.5%), from -€23,022 to -€15,768
- Other debts -€2,756
no longer reported in 2025 (was €2,756)
- Trade debts -€1,447
down €1,447 (-42.4%), from €3,408 to €1,962
- Tax, wage and social debts +€1,027
up €1,027 (+77.1%), from €1,332 to €2,359
- Gross operating margin +€13,290
up €13,290, from -€1,772 to €11,518
- Taxes +€2,124
new in 2025: €2,124
- Other operating charges +€408
new in 2025: €408
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 | €8,971 | €13,047 | +€4,075 | +45.4% |
| Fixed assets | 21/28 | €1,871 | €3,651 | +€1,780 | +95.1% |
| Intangible fixed assets | 21 | €411 | - | -€411 | |
| Tangible fixed assets | 22/27 | €1,461 | €3,651 | +€2,191 | +150% |
| Furniture and vehicles | 24 | €1,461 | €3,651 | +€2,191 | +150% |
| Current assets | 29/58 | €7,100 | €9,395 | +€2,295 | +32.3% |
| Amounts receivable within one year | 40/41 | €3,391 | €7,599 | +€4,209 | +124% |
| Trade receivables | 40 | €268 | €6,495 | +€6,227 | +2,322% |
| Other amounts receivable | 41 | €3,123 | €1,105 | -€2,018 | -64.6% |
| Cash at bank and in hand | 54/58 | €2,782 | €1,686 | -€1,095 | -39.4% |
| Deferred charges and accrued income | 490/1 | €928 | €109 | -€818 | -88.2% |
| Total equity and liabilities | 10/49 | €8,971 | €13,047 | +€4,075 | +45.4% |
| Equity | 10/15 | -€4,422 | €2,832 | +€7,254 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,022 | -€15,768 | +€7,254 | +31.5% |
| Amounts payable | 17/49 | €13,393 | €10,215 | -€3,179 | -23.7% |
| Amounts payable after more than one year | 17 | €5,275 | €5,275 | = | 0.0% |
| Financial debts | 170/4 | €5,275 | €5,275 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,118 | €4,940 | -€3,179 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €622 | €619 | -€3 | -0.5% |
| Trade debts | 44 | €3,408 | €1,962 | -€1,447 | -42.4% |
| Suppliers | 440/4 | €3,408 | €1,962 | -€1,447 | -42.4% |
| Taxes, remuneration and social security | 45 | €1,332 | €2,359 | +€1,027 | +77.1% |
| Taxes | 450/3 | €1,332 | €2,359 | +€1,027 | +77.1% |
| Other amounts payable | 47/48 | €2,756 | - | -€2,756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,222 | €1,284 | +€61 | +5.0% |
| Other operating charges | 640/8 | - | €408 | +€408 | |
| Gross operating margin | 9900 | -€1,772 | €11,518 | +€13,290 | |
| Operating profit (loss) | 9901 | -€2,995 | €9,826 | +€12,820 | |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €460 | €469 | +€9 | +2.0% |
| Recurring financial charges | 65 | €460 | €469 | +€9 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,454 | €9,378 | +€12,832 | |
| Income taxes | 67/77 | - | €2,124 | +€2,124 | |
| Profit (loss) for the period | 9904 | -€3,454 | €7,254 | +€10,708 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,454 | €7,254 | +€10,708 |
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 16 October 2026 via checked.be.