KIES & CARE: what changed
Two fiscal 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.
KIES & CARE
Largest movements
- Cash -€92,999
down €92,999 (-49.3%), from €188,800 to €95,802
mainly Other debts (-€84,343) and Debts after one year (-€53,084)
- Tangible fixed assets -€68,387
down €68,387 (-11.8%), from €581,047 to €512,660
of which Plant, machinery and equipment: -€40,922
- Other debts -€84,343
down €84,343 (-94.4%), from €89,375 to €5,032
- Debts after one year -€53,084
down €53,084 (-11.3%), from €469,383 to €416,299
- Accrued charges and deferred income -€30,296
down €30,296 (-33.3%), from €90,876 to €60,580
- Depreciation -€2,540
down €2,540 (-3.6%), from €70,927 to €68,387
- Staff costs +€2,333
up €2,333 (+6.7%), from €34,990 to €37,323
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.
Cash bridge derived
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 | €771,899 | €615,185 | -€156,715 | -20.3% |
| Fixed assets | 21/28 | €581,047 | €512,660 | -€68,387 | -11.8% |
| Tangible fixed assets | 22/27 | €581,047 | €512,660 | -€68,387 | -11.8% |
| Land and buildings | 22 | €482,789 | €456,922 | -€25,867 | -5.4% |
| Plant, machinery and equipment | 23 | €95,423 | €54,501 | -€40,922 | -42.9% |
| Furniture and vehicles | 24 | €2,834 | €1,237 | -€1,597 | -56.3% |
| Current assets | 29/58 | €190,853 | €102,525 | -€88,328 | -46.3% |
| Amounts receivable within one year | 40/41 | €2,052 | €6,723 | +€4,671 | +227.6% |
| Trade receivables | 40 | €2,052 | €2,015 | -€37 | -1.8% |
| Other amounts receivable | 41 | - | €4,708 | +€4,708 | |
| Cash at bank and in hand | 54/58 | €188,800 | €95,802 | -€92,999 | -49.3% |
| Total equity and liabilities | 10/49 | €771,899 | €615,185 | -€156,715 | -20.3% |
| Equity | 10/15 | €54,332 | €58,845 | +€4,514 | +8.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,332 | €38,845 | +€4,514 | +13.1% |
| Distributable reserves | 133 | €34,332 | €38,845 | +€4,514 | +13.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €717,568 | €556,339 | -€161,229 | -22.5% |
| Amounts payable after more than one year | 17 | €469,383 | €416,299 | -€53,084 | -11.3% |
| Financial debts | 170/4 | €469,383 | €416,299 | -€53,084 | -11.3% |
| Amounts payable within one year | 42/48 | €157,309 | €79,460 | -€77,849 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €52,615 | €53,084 | +€468 | +0.9% |
| Trade debts | 44 | €6,734 | €13,957 | +€7,223 | +107.3% |
| Suppliers | 440/4 | €6,734 | €13,957 | +€7,223 | +107.3% |
| Taxes, remuneration and social security | 45 | €8,585 | €7,388 | -€1,197 | -13.9% |
| Taxes | 450/3 | €2,009 | €556 | -€1,454 | -72.3% |
| Remuneration and social security | 454/9 | €6,576 | €6,832 | +€256 | +3.9% |
| Other amounts payable | 47/48 | €89,375 | €5,032 | -€84,343 | -94.4% |
| Accrued charges and deferred income | 492/3 | €90,876 | €60,580 | -€30,296 | -33.3% |
| Remuneration, social security and pensions | 62 | €34,990 | €37,323 | +€2,333 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,927 | €68,387 | -€2,540 | -3.6% |
| Other operating charges | 640/8 | €1,417 | €2,056 | +€639 | +45.1% |
| Gross operating margin | 9900 | €117,921 | €118,825 | +€904 | +0.8% |
| Operating profit (loss) | 9901 | €10,587 | €11,060 | +€472 | +4.5% |
| Financial income | 75/76B | €2,074 | €1,139 | -€935 | -45.1% |
| Recurring financial income | 75 | €2,074 | €1,139 | -€935 | -45.1% |
| Financial charges | 65/66B | €5,863 | €5,592 | -€271 | -4.6% |
| Recurring financial charges | 65 | €5,863 | €5,592 | -€271 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €6,798 | €6,606 | -€191 | -2.8% |
| Income taxes | 67/77 | €1,844 | €2,093 | +€248 | +13.5% |
| Profit (loss) for the period | 9904 | €4,953 | €4,514 | -€440 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,953 | €4,514 | -€440 | -8.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.