KICHALOU: 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.
KICHALOU
Largest movements
- Cash -€20,844
down €20,844 (-87.3%), from €23,866 to €3,022
mainly Net result for the year (-€29,112) and Tax, wage and social debts (-€27,193)
- Tangible fixed assets -€13,537
down €13,537 (-16.8%), from €80,683 to €67,146
of which Furniture and vehicles: -€19,706
- Receivables within one year -€4,596
down €4,596 (-8.8%), from €52,198 to €47,603
of which Other amounts receivable: -€4,817
- Profit (loss) carried forward -€29,112
down €29,112 (-83.7%), from -€34,771 to -€63,883
- Tax, wage and social debts -€27,193
down €27,193 (-98.0%), from €27,742 to €550
- Other debts +€25,051
new in 2025: €25,051
- Debts after one year -€6,483
no longer reported in 2025 (was €6,483)
- Current portion of long-term debt -€5,072
no longer reported in 2025 (was €5,072)
- Gross operating margin +€26,692
up €26,692 (+56.8%), from -€47,011 to -€20,319
- Depreciation -€8,495
down €8,495 (-93.2%), from €9,116 to €622
- Other operating charges +€1,739
up €1,739 (+29.7%), from €5,847 to €7,586
- Financial charges -€612
down €612 (-55.3%), from €1,106 to €494
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 | €158,066 | €117,941 | -€40,125 | -25.4% |
| Fixed assets | 21/28 | €80,683 | €67,146 | -€13,537 | -16.8% |
| Tangible fixed assets | 22/27 | €80,683 | €67,146 | -€13,537 | -16.8% |
| Land and buildings | 22 | €60,977 | €60,977 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €6,170 | +€6,170 | |
| Furniture and vehicles | 24 | €19,706 | - | -€19,706 | |
| Current assets | 29/58 | €77,382 | €50,794 | -€26,588 | -34.4% |
| Amounts receivable within one year | 40/41 | €52,198 | €47,603 | -€4,596 | -8.8% |
| Trade receivables | 40 | - | €221 | +€221 | |
| Other amounts receivable | 41 | €52,198 | €47,382 | -€4,817 | -9.2% |
| Cash at bank and in hand | 54/58 | €23,866 | €3,022 | -€20,844 | -87.3% |
| Deferred charges and accrued income | 490/1 | €1,317 | €169 | -€1,148 | -87.2% |
| Total equity and liabilities | 10/49 | €158,066 | €117,941 | -€40,125 | -25.4% |
| Equity | 10/15 | €117,683 | €88,571 | -€29,112 | -24.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €90,481 | €90,481 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,342 | €13,342 | = | 0.0% |
| Legal reserve | 130 | €13,342 | €13,342 | = | 0.0% |
| Distributable reserves | 133 | €77,139 | €77,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,771 | -€63,883 | -€29,112 | -83.7% |
| Amounts payable | 17/49 | €40,382 | €29,370 | -€11,013 | -27.3% |
| Amounts payable after more than one year | 17 | €6,483 | - | -€6,483 | |
| Financial debts | 170/4 | €6,483 | - | -€6,483 | |
| Amounts payable within one year | 42/48 | €33,900 | €29,370 | -€4,530 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €5,072 | - | -€5,072 | |
| Trade debts | 44 | €1,042 | €3,769 | +€2,727 | +262% |
| Suppliers | 440/4 | €1,042 | €3,769 | +€2,727 | +262% |
| Advances received on contracts in progress | 46 | €43 | - | -€43 | |
| Taxes, remuneration and social security | 45 | €27,742 | €550 | -€27,193 | -98.0% |
| Taxes | 450/3 | €27,742 | €550 | -€27,193 | -98.0% |
| Other amounts payable | 47/48 | - | €25,051 | +€25,051 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,116 | €622 | -€8,495 | -93.2% |
| Other operating charges | 640/8 | €5,847 | €7,586 | +€1,739 | +29.7% |
| Gross operating margin | 9900 | -€47,011 | -€20,319 | +€26,692 | +56.8% |
| Operating profit (loss) | 9901 | -€61,974 | -€28,526 | +€33,448 | +54.0% |
| Financial charges | 65/66B | €1,106 | €494 | -€612 | -55.3% |
| Recurring financial charges | 65 | €1,106 | €494 | -€612 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | -€63,080 | -€29,020 | +€34,060 | +54.0% |
| Income taxes | 67/77 | €458 | €92 | -€365 | -79.9% |
| Profit (loss) for the period | 9904 | -€63,537 | -€29,112 | +€34,425 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,537 | -€29,112 | +€34,425 | +54.2% |
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 15 October 2026 via checked.be.