Kids: 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.
Kids
Largest movements
- Financial fixed assets +€231,000
up €231,000 (+6.6%), from €3.5m to €3.7m
- Tangible fixed assets -€183,772
down €183,772 (-4.2%), from €4.4m to €4.2m
of which Land and buildings: -€148,387
- Other debts +€542,919
up €542,919 (+18.8%), from €2.9m to €3.4m
- Debts after one year -€270,158
down €270,158 (-14.0%), from €1.9m to €1.7m
of which Financial debts: -€270,158
- Provisions -€132,241
down €132,241 (-18.6%), from €709,282 to €577,041
of which Provisions for liabilities and charges: -€120,000
- Gross operating margin -€202,400
down €202,400 (-81.1%), from €249,422 to €47,021
- Financial income -€157,708
down €157,708 (-33.5%), from €471,287 to €313,579
- Financial charges +€131,569
up €131,569 (+131%), from €100,204 to €231,773
of which Financial charges: +€133,547
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 | €7,955,642 | €8,065,341 | +€109,699 | +1.4% |
| Fixed assets | 21/28 | €7,852,792 | €7,900,020 | +€47,228 | +0.6% |
| Tangible fixed assets | 22/27 | €4,350,792 | €4,167,020 | -€183,772 | -4.2% |
| Land and buildings | 22 | €4,244,000 | €4,095,613 | -€148,387 | -3.5% |
| Plant, machinery and equipment | 23 | €106,791 | €71,407 | -€35,385 | -33.1% |
| Financial fixed assets | 28 | €3,502,000 | €3,733,000 | +€231,000 | +6.6% |
| Current assets | 29/58 | €102,850 | €165,321 | +€62,471 | +60.7% |
| Amounts receivable within one year | 40/41 | €102,850 | €150,270 | +€47,420 | +46.1% |
| Trade receivables | 40 | €102,850 | €139,249 | +€36,399 | +35.4% |
| Other amounts receivable | 41 | - | €11,022 | +€11,022 | |
| Cash at bank and in hand | 54/58 | - | €15,051 | +€15,051 | |
| Total equity and liabilities | 10/49 | €7,955,642 | €8,065,341 | +€109,699 | +1.4% |
| Equity | 10/15 | €2,105,392 | €2,063,686 | -€41,706 | -2.0% |
| Contributions | 10/11 | €515,000 | €515,000 | = | 0.0% |
| Capital | 10 | €69,500 | €69,500 | = | 0.0% |
| Issued capital | 100 | €69,500 | €69,500 | = | 0.0% |
| Contributions outside capital | 11 | €445,500 | €445,500 | = | 0.0% |
| Share premium | 1100/10 | €445,500 | €445,500 | = | 0.0% |
| Reserves | 13 | €1,590,392 | €1,572,973 | -€17,419 | -1.1% |
| Non-distributable reserves | 130/1 | €6,950 | €6,950 | = | 0.0% |
| Legal reserve | 130 | €6,950 | €6,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €401,625 | €384,206 | -€17,419 | -4.3% |
| Distributable reserves | 133 | €1,181,817 | €1,181,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€24,287 | -€24,287 | |
| Provisions and deferred taxes | 16 | €709,282 | €577,041 | -€132,241 | -18.6% |
| Provisions for liabilities and charges | 160/5 | €502,476 | €382,476 | -€120,000 | -23.9% |
| Environmental obligations | 163 | €502,476 | €382,476 | -€120,000 | -23.9% |
| Deferred taxes | 168 | €206,805 | €194,565 | -€12,241 | -5.9% |
| Amounts payable | 17/49 | €5,140,968 | €5,424,614 | +€283,646 | +5.5% |
| Amounts payable after more than one year | 17 | €1,927,676 | €1,657,518 | -€270,158 | -14.0% |
| Financial debts | 170/4 | €1,925,928 | €1,655,770 | -€270,158 | -14.0% |
| Other amounts payable | 178/9 | €1,748 | €1,748 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,213,291 | €3,767,096 | +€553,804 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €275,939 | €270,158 | -€5,781 | -2.1% |
| Trade debts | 44 | €25,102 | €22,879 | -€2,223 | -8.9% |
| Suppliers | 440/4 | €25,102 | €22,879 | -€2,223 | -8.9% |
| Taxes, remuneration and social security | 45 | €24,509 | €43,398 | +€18,889 | +77.1% |
| Taxes | 450/3 | €24,509 | €43,398 | +€18,889 | +77.1% |
| Other amounts payable | 47/48 | €2,887,742 | €3,430,661 | +€542,919 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183,772 | €183,772 | = | 0.0% |
| Other operating charges | 640/8 | €3,863 | €5,354 | +€1,491 | +38.6% |
| Gross operating margin | 9900 | €249,422 | €47,021 | -€202,400 | -81.1% |
| Operating profit (loss) | 9901 | €61,787 | -€142,105 | -€203,892 | |
| Financial income | 75/76B | €471,287 | €313,579 | -€157,708 | -33.5% |
| Recurring financial income | 75 | €471,287 | €313,579 | -€157,708 | -33.5% |
| Financial charges | 65/66B | €100,204 | €231,773 | +€131,569 | +131% |
| Recurring financial charges | 65 | €100,204 | €233,751 | +€133,547 | +133% |
| Non-recurring financial charges | 66B | - | -€1,978 | -€1,978 | |
| Profit (loss) for the period before taxes | 9903 | €432,869 | -€60,300 | -€493,169 | |
| Transfer from deferred taxes | 780 | €12,241 | €12,241 | = | 0.0% |
| Profit (loss) for the period | 9904 | €445,110 | -€48,059 | -€493,169 | |
| Transfer from tax-exempt reserves | 789 | €23,772 | €23,772 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €468,881 | -€24,287 | -€493,169 |
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.