KICKOFF AGENCY: 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.
KICKOFF AGENCY
Largest movements
- Cash -€31,024
down €31,024 (-85.0%), from €36,480 to €5,456
mainly Net result for the year (-€35,641) and Deferred charges and accrued income (-€5,240)
- Receivables within one year -€11,294
down €11,294 (-92.6%), from €12,202 to €908
of which Trade receivables: -€9,893
- Deferred charges and accrued income +€5,240
up €5,240 (+98.9%), from €5,297 to €10,537
- Profit (loss) carried forward -€35,641
new in 2025: -€35,641
- Trade debts -€3,187
down €3,187 (-93.5%), from €3,408 to €221
- Other debts +€2,000
new in 2025: €2,000
- Tax, wage and social debts -€782
down €782 (-6.3%), from €12,385 to €11,603
of which Taxes: -€3,122
- Gross operating margin -€46,165
down €46,165, from €12,879 to -€33,286
- Taxes -€4,060
down €4,060 (-95.0%), from €4,272 to €212
- Other operating charges +€1,286
up €1,286 (+223%), from €577 to €1,863
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 | €54,609 | €17,401 | -€37,209 | -68.1% |
| Fixed assets | 21/28 | €631 | €500 | -€131 | -20.8% |
| Tangible fixed assets | 22/27 | €131 | €0 | -€131 | -100% |
| Furniture and vehicles | 24 | €131 | €0 | -€131 | -100% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €53,978 | €16,901 | -€37,078 | -68.7% |
| Amounts receivable within one year | 40/41 | €12,202 | €908 | -€11,294 | -92.6% |
| Trade receivables | 40 | €10,800 | €908 | -€9,893 | -91.6% |
| Other amounts receivable | 41 | €1,402 | €0 | -€1,402 | -100% |
| Cash at bank and in hand | 54/58 | €36,480 | €5,456 | -€31,024 | -85.0% |
| Deferred charges and accrued income | 490/1 | €5,297 | €10,537 | +€5,240 | +98.9% |
| Total equity and liabilities | 10/49 | €54,609 | €17,401 | -€37,209 | -68.1% |
| Equity | 10/15 | €38,657 | €3,016 | -€35,641 | -92.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €36,657 | €36,657 | = | 0.0% |
| Distributable reserves | 133 | €36,657 | €36,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€35,641 | -€35,641 | |
| Amounts payable | 17/49 | €15,952 | €14,385 | -€1,567 | -9.8% |
| Amounts payable within one year | 42/48 | €15,793 | €13,824 | -€1,969 | -12.5% |
| Trade debts | 44 | €3,408 | €221 | -€3,187 | -93.5% |
| Suppliers | 440/4 | €3,408 | €221 | -€3,187 | -93.5% |
| Taxes, remuneration and social security | 45 | €12,385 | €11,603 | -€782 | -6.3% |
| Taxes | 450/3 | €12,065 | €8,943 | -€3,122 | -25.9% |
| Remuneration and social security | 454/9 | €320 | €2,660 | +€2,340 | +731% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | €159 | €561 | +€402 | +253% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406 | €131 | -€274 | -67.6% |
| Other operating charges | 640/8 | €577 | €1,863 | +€1,286 | +223% |
| Gross operating margin | 9900 | €12,879 | -€33,286 | -€46,165 | |
| Operating profit (loss) | 9901 | €11,897 | -€35,280 | -€47,177 | |
| Financial income | 75/76B | €314 | €67 | -€247 | -78.6% |
| Recurring financial income | 75 | €314 | €67 | -€247 | -78.6% |
| Financial charges | 65/66B | €145 | €216 | +€71 | +49.2% |
| Recurring financial charges | 65 | €145 | €216 | +€71 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | €12,066 | -€35,429 | -€47,495 | |
| Income taxes | 67/77 | €4,272 | €212 | -€4,060 | -95.0% |
| Profit (loss) for the period | 9904 | €7,794 | -€35,641 | -€43,435 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,794 | -€35,641 | -€43,435 |
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 22 October 2026 via checked.be.