KIEKENS: what changed
What changed
KIEKENS
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€10,404
2024 · -€12,998+€2,595
Equity
-€82,031
2024 · -€71,627-€10,404
Cash
€14,128
2024 · €23,186-€9,058
Balance sheet total
€89,074
2024 · €99,349-€10,276
Largest movements
Assets
- Cash -€9,058
down €9,058 (-39.1%), from €23,186 to €14,128
mainly Net result for the year (-€10,404) and Tax, wage and social debts (-€92)
- Tangible fixed assets -€1,204
down €1,204 (-1.7%), from €72,780 to €71,576
of which Land and buildings: -€1,204
Equity and liabilities
- Profit (loss) carried forward -€10,404
down €10,404 (-9.6%), from -€108,719 to -€119,122
Income statement
- Gross operating margin +€2,316
up €2,316 (+38.9%), from -€5,953 to -€3,637
- Other operating charges -€279
down €279 (-4.9%), from €5,701 to €5,422
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€12,998
Gross operating margin
+€2,316
Depreciation
+€0
Other operating charges
+€279
Result 2025
-€10,404
raises the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€9,058
Investment
€0
Financing
€0
Cash 2024
€23,186
From operations (derived)
-€9,058
Net result for the year
-€10,404
Depreciation
+€1,204
Smaller working-capital items
+€15
Tax, wage and social debts
-€92
Other debts
+€219
Cash 2025
€14,128
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,349 | €89,074 | -€10,276 | -10.3% |
| Fixed assets | 21/28 | €72,780 | €71,576 | -€1,204 | -1.7% |
| Tangible fixed assets | 22/27 | €72,780 | €71,576 | -€1,204 | -1.7% |
| Land and buildings | 22 | €72,780 | €71,576 | -€1,204 | -1.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €26,569 | €17,498 | -€9,071 | -34.1% |
| Stocks and contracts in progress | 3 | €3,370 | €3,370 | = | 0.0% |
| Stocks | 30/36 | €3,370 | €3,370 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13 | €0 | -€13 | -100% |
| Other amounts receivable | 41 | €13 | €0 | -€13 | -100% |
| Cash at bank and in hand | 54/58 | €23,186 | €14,128 | -€9,058 | -39.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €99,349 | €89,074 | -€10,276 | -10.3% |
| Equity | 10/15 | -€71,627 | -€82,031 | -€10,404 | -14.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €18,500 | €18,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €16,640 | €16,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,719 | -€119,122 | -€10,404 | -9.6% |
| Amounts payable | 17/49 | €170,976 | €171,104 | +€128 | +0.1% |
| Amounts payable after more than one year | 17 | €120,000 | €120,000 | = | 0.0% |
| Other amounts payable | 178/9 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,976 | €51,104 | +€128 | +0.3% |
| Trade debts | 44 | €67 | €69 | +€2 | +2.9% |
| Suppliers | 440/4 | €67 | €69 | +€2 | +2.9% |
| Taxes, remuneration and social security | 45 | €513 | €421 | -€92 | -18.0% |
| Taxes | 450/3 | €513 | €421 | -€92 | -18.0% |
| Other amounts payable | 47/48 | €50,396 | €50,615 | +€219 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,205 | €1,204 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,701 | €5,422 | -€279 | -4.9% |
| Gross operating margin | 9900 | -€5,953 | -€3,637 | +€2,316 | +38.9% |
| Operating profit (loss) | 9901 | -€12,858 | -€10,264 | +€2,595 | +20.2% |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,998 | -€10,404 | +€2,595 | +20.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€12,998 | -€10,404 | +€2,595 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,998 | -€10,404 | +€2,595 | +20.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.