Kick Off Management: 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.
Kick Off Management
Largest movements
- Receivables within one year -€38,248
down €38,248 (-50.7%), from €75,462 to €37,214
of which Trade receivables: -€22,582
- Tangible fixed assets -€1,045
down €1,045 (-45.2%), from €2,312 to €1,267
- Profit (loss) carried forward -€21,227
down €21,227 (-37.7%), from €56,343 to €35,117
- Trade debts -€17,286
down €17,286 (-78.9%), from €21,919 to €4,633
- Gross operating margin -€13,904
down €13,904 (-2,114%), from -€658 to -€14,562
- Taxes -€223
down €223, from €207 to -€16
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 | €83,456 | €44,750 | -€38,706 | -46.4% |
| Fixed assets | 21/28 | €2,312 | €1,267 | -€1,045 | -45.2% |
| Tangible fixed assets | 22/27 | €2,312 | €1,267 | -€1,045 | -45.2% |
| Furniture and vehicles | 24 | €2,312 | €1,267 | -€1,045 | -45.2% |
| Current assets | 29/58 | €81,143 | €43,482 | -€37,661 | -46.4% |
| Amounts receivable within one year | 40/41 | €75,462 | €37,214 | -€38,248 | -50.7% |
| Trade receivables | 40 | €24,702 | €2,120 | -€22,582 | -91.4% |
| Other amounts receivable | 41 | €50,760 | €35,094 | -€15,666 | -30.9% |
| Cash at bank and in hand | 54/58 | €5,681 | €5,920 | +€238 | +4.2% |
| Deferred charges and accrued income | 490/1 | €0 | €348 | +€348 | |
| Total equity and liabilities | 10/49 | €83,456 | €44,750 | -€38,706 | -46.4% |
| Equity | 10/15 | €61,343 | €40,117 | -€21,227 | -34.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,343 | €35,117 | -€21,227 | -37.7% |
| Amounts payable | 17/49 | €22,112 | €4,633 | -€17,479 | -79.0% |
| Amounts payable within one year | 42/48 | €22,112 | €4,633 | -€17,479 | -79.0% |
| Trade debts | 44 | €21,919 | €4,633 | -€17,286 | -78.9% |
| Suppliers | 440/4 | €21,919 | €4,633 | -€17,286 | -78.9% |
| Taxes, remuneration and social security | 45 | €193 | €0 | -€193 | -100% |
| Taxes | 450/3 | €193 | €0 | -€193 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,045 | €1,045 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €454 | +€70 | +18.2% |
| Non-recurring operating charges | 66A | - | €5,000 | +€5,000 | |
| Gross operating margin | 9900 | -€658 | -€14,562 | -€13,904 | -2,114% |
| Operating profit (loss) | 9901 | -€2,087 | -€21,061 | -€18,974 | -909% |
| Financial income | 75/76B | €49 | €34 | -€15 | -30.8% |
| Recurring financial income | 75 | €49 | €34 | -€15 | -30.8% |
| Financial charges | 65/66B | €205 | €215 | +€10 | +4.8% |
| Recurring financial charges | 65 | €205 | €215 | +€10 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,244 | -€21,243 | -€18,999 | -847% |
| Income taxes | 67/77 | €207 | -€16 | -€223 | |
| Profit (loss) for the period | 9904 | -€2,451 | -€21,227 | -€18,776 | -766% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,451 | -€21,227 | -€18,776 | -766% |
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 18 October 2026 via checked.be.