KICA: 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.
KICA
Largest movements
- Cash -€38,375
down €38,375 (-68.6%), from €55,936 to €17,561
mainly Contributions, distributions and other (-€55,396) and Debts after one year (-€49,333)
- Intangible fixed assets -€35,429
down €35,429 (-46.8%), from €75,642 to €40,213
- Deferred charges and accrued income +€12,007
up €12,007 (+23.1%), from €51,952 to €63,959
- Debts after one year -€49,333
down €49,333 (-20.8%), from €237,078 to €187,745
- Other debts -€8,073
down €8,073 (-14.6%), from €55,159 to €47,086
- Gross operating margin -€6,627
down €6,627 (-4.4%), from €149,027 to €142,400
- Staff costs +€2,605
up €2,605 (+55.5%), from €4,696 to €7,301
- Depreciation +€2,243
up €2,243 (+4.2%), from €53,715 to €55,958
- Taxes -€1,513
down €1,513 (-8.6%), from €17,491 to €15,978
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 | €498,465 | €440,483 | -€57,982 | -11.6% |
| Fixed assets | 21/28 | €380,864 | €346,232 | -€34,632 | -9.1% |
| Intangible fixed assets | 21 | €75,642 | €40,213 | -€35,429 | -46.8% |
| Tangible fixed assets | 22/27 | €304,622 | €305,419 | +€797 | +0.3% |
| Land and buildings | 22 | €288,796 | €277,304 | -€11,492 | -4.0% |
| Plant, machinery and equipment | 23 | - | €1,046 | +€1,046 | |
| Furniture and vehicles | 24 | €15,826 | €27,069 | +€11,242 | +71.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €117,601 | €94,251 | -€23,350 | -19.9% |
| Amounts receivable within one year | 40/41 | €9,713 | €12,730 | +€3,018 | +31.1% |
| Trade receivables | 40 | - | €831 | +€831 | |
| Other amounts receivable | 41 | €9,713 | €11,899 | +€2,187 | +22.5% |
| Cash at bank and in hand | 54/58 | €55,936 | €17,561 | -€38,375 | -68.6% |
| Deferred charges and accrued income | 490/1 | €51,952 | €63,959 | +€12,007 | +23.1% |
| Total equity and liabilities | 10/49 | €498,465 | €440,483 | -€57,982 | -11.6% |
| Equity | 10/15 | €145,100 | €145,100 | = | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €120,100 | €120,100 | = | 0.0% |
| Distributable reserves | 133 | €120,100 | €120,100 | = | 0.0% |
| Amounts payable | 17/49 | €353,365 | €295,383 | -€57,982 | -16.4% |
| Amounts payable after more than one year | 17 | €237,078 | €187,745 | -€49,333 | -20.8% |
| Financial debts | 170/4 | €237,078 | €187,745 | -€49,333 | -20.8% |
| Amounts payable within one year | 42/48 | €113,353 | €107,638 | -€5,715 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €48,460 | €49,333 | +€872 | +1.8% |
| Trade debts | 44 | €0 | €2,909 | +€2,909 | |
| Suppliers | 440/4 | €0 | €2,909 | +€2,909 | |
| Taxes, remuneration and social security | 45 | €9,734 | €8,309 | -€1,425 | -14.6% |
| Taxes | 450/3 | €9,734 | €8,309 | -€1,425 | -14.6% |
| Other amounts payable | 47/48 | €55,159 | €47,086 | -€8,073 | -14.6% |
| Accrued charges and deferred income | 492/3 | €2,934 | - | -€2,934 | |
| Remuneration, social security and pensions | 62 | €4,696 | €7,301 | +€2,605 | +55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,715 | €55,958 | +€2,243 | +4.2% |
| Other operating charges | 640/8 | €2,110 | €2,716 | +€606 | +28.7% |
| Gross operating margin | 9900 | €149,027 | €142,400 | -€6,627 | -4.4% |
| Operating profit (loss) | 9901 | €88,507 | €76,425 | -€12,082 | -13.7% |
| Financial income | 75/76B | €3 | €122 | +€119 | +3,644% |
| Recurring financial income | 75 | €3 | €122 | +€119 | +3,644% |
| Financial charges | 65/66B | €6,126 | €5,174 | -€952 | -15.5% |
| Recurring financial charges | 65 | €6,126 | €5,174 | -€952 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €82,384 | €71,374 | -€11,010 | -13.4% |
| Income taxes | 67/77 | €17,491 | €15,978 | -€1,513 | -8.6% |
| Profit (loss) for the period | 9904 | €64,893 | €55,396 | -€9,497 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,893 | €55,396 | -€9,497 | -14.6% |
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.