KIADI VET: what changed
KIADI VET
Largest movements
- Tangible fixed assets -€26,462
down €26,462 (-32.7%), from €80,879 to €54,417
of which Land and buildings: -€16,169
- Receivables within one year +€7,523
up €7,523 (+97.0%), from €7,754 to €15,277
of which Other amounts receivable: +€11,196
- Cash +€3,874
up €3,874 (+47.1%), from €8,218 to €12,092
mainly Depreciation (+€26,462) and Trade debts (+€306)
- Debts after one year -€9,425
down €9,425 (-13.0%), from €72,600 to €63,175
- Profit (loss) carried forward -€4,991
down €4,991, from €2,218 to -€2,774
- Depreciation +€18,199
up €18,199 (+220%), from €8,263 to €26,462
- Gross operating margin +€16,685
up €16,685 (+164%), from €10,173 to €26,857
- Taxes -€1,919
no longer reported in 2025 (was €1,919)
- Financial charges -€1,192
down €1,192 (-20.7%), from €5,763 to €4,571
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,851 | €81,786 | -€15,066 | -15.6% |
| Fixed assets | 21/28 | €80,879 | €54,417 | -€26,462 | -32.7% |
| Tangible fixed assets | 22/27 | €80,879 | €54,417 | -€26,462 | -32.7% |
| Land and buildings | 22 | €68,077 | €51,908 | -€16,169 | -23.8% |
| Plant, machinery and equipment | 23 | €338 | €192 | -€146 | -43.3% |
| Furniture and vehicles | 24 | €12,464 | €2,317 | -€10,147 | -81.4% |
| Current assets | 29/58 | €15,972 | €27,369 | +€11,396 | +71.4% |
| Amounts receivable within one year | 40/41 | €7,754 | €15,277 | +€7,523 | +97.0% |
| Trade receivables | 40 | €3,674 | - | -€3,674 | |
| Other amounts receivable | 41 | €4,080 | €15,277 | +€11,196 | +274% |
| Cash at bank and in hand | 54/58 | €8,218 | €12,092 | +€3,874 | +47.1% |
| Total equity and liabilities | 10/49 | €96,851 | €81,786 | -€15,066 | -15.6% |
| Equity | 10/15 | €7,218 | €2,226 | -€4,991 | -69.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,218 | -€2,774 | -€4,991 | |
| Amounts payable | 17/49 | €89,634 | €79,559 | -€10,074 | -11.2% |
| Amounts payable after more than one year | 17 | €72,600 | €63,175 | -€9,425 | -13.0% |
| Financial debts | 170/4 | €72,600 | €63,175 | -€9,425 | -13.0% |
| Amounts payable within one year | 42/48 | €17,034 | €16,384 | -€649 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €5,607 | €5,595 | -€12 | -0.2% |
| Trade debts | 44 | €10,483 | €10,789 | +€306 | +2.9% |
| Suppliers | 440/4 | €10,483 | €10,789 | +€306 | +2.9% |
| Taxes, remuneration and social security | 45 | €943 | €0 | -€943 | -100% |
| Taxes | 450/3 | €943 | €0 | -€943 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,263 | €26,462 | +€18,199 | +220% |
| Other operating charges | 640/8 | €652 | €815 | +€164 | +25.1% |
| Gross operating margin | 9900 | €10,173 | €26,857 | +€16,685 | +164% |
| Operating profit (loss) | 9901 | €1,258 | -€420 | -€1,678 | |
| Financial charges | 65/66B | €5,763 | €4,571 | -€1,192 | -20.7% |
| Recurring financial charges | 65 | €5,763 | €4,571 | -€1,192 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,505 | -€4,991 | -€487 | -10.8% |
| Income taxes | 67/77 | €1,919 | - | -€1,919 | |
| Profit (loss) for the period | 9904 | -€6,424 | -€4,991 | +€1,433 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,424 | -€4,991 | +€1,433 | +22.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.