KIF DEVELOPPEMENT: what changed
KIF DEVELOPPEMENT
Largest movements
- Cash -€670,779
down €670,779 (-84.7%), from €791,633 to €120,854
mainly Current investments (-€550,000) and Contributions, distributions and other (-€350,000)
- Current investments +€550,000
new in 2025: €550,000
- Profit (loss) carried forward -€116,923
down €116,923 (-11.4%), from €1.0m to €908,849
- Financial income +€82,238
up €82,238 (+51.0%), from €161,282 to €243,520
- Purchases and services -€16,290
no longer reported in 2025 (was €16,290)
- Financial charges -€7,977
down €7,977 (-91.3%), from €8,734 to €757
of which Non-recurring financial charges: -€7,958
- Gross operating margin +€6,604
up €6,604 (+40.5%), from -€16,290 to -€9,686
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,092,052 | €978,629 | -€113,423 | -10.4% |
| Fixed assets | 21/28 | €179,047 | €178,714 | -€334 | -0.2% |
| Financial fixed assets | 28 | €179,047 | €178,714 | -€334 | -0.2% |
| Current assets | 29/58 | €913,005 | €799,915 | -€113,089 | -12.4% |
| Amounts receivable after more than one year | 29 | €119,923 | €125,187 | +€5,264 | +4.4% |
| Trade receivables | 290 | €119,923 | €125,187 | +€5,264 | +4.4% |
| Amounts receivable within one year | 40/41 | €1,448 | €3,874 | +€2,426 | +168% |
| Other amounts receivable | 41 | €1,448 | €3,874 | +€2,426 | +168% |
| Current investments | 50/53 | - | €550,000 | +€550,000 | |
| Cash at bank and in hand | 54/58 | €791,633 | €120,854 | -€670,779 | -84.7% |
| Total equity and liabilities | 10/49 | €1,092,052 | €978,629 | -€113,423 | -10.4% |
| Equity | 10/15 | €1,088,272 | €971,349 | -€116,923 | -10.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,025,772 | €908,849 | -€116,923 | -11.4% |
| Amounts payable | 17/49 | €3,780 | €7,280 | +€3,500 | +92.6% |
| Amounts payable within one year | 42/48 | €3,780 | €7,280 | +€3,500 | +92.6% |
| Trade debts | 44 | €3,780 | €3,780 | = | 0.0% |
| Suppliers | 440/4 | €3,780 | €3,780 | = | 0.0% |
| Other amounts payable | 47/48 | - | €3,500 | +€3,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €16,290 | - | -€16,290 | |
| Gross operating margin | 9900 | -€16,290 | -€9,686 | +€6,604 | +40.5% |
| Operating profit (loss) | 9901 | -€16,290 | -€9,686 | +€6,604 | +40.5% |
| Financial income | 75/76B | €161,282 | €243,520 | +€82,238 | +51.0% |
| Recurring financial income | 75 | €161,282 | €243,520 | +€82,238 | +51.0% |
| Financial charges | 65/66B | €8,734 | €757 | -€7,977 | -91.3% |
| Recurring financial charges | 65 | €442 | €424 | -€18 | -4.2% |
| Non-recurring financial charges | 66B | €8,292 | €334 | -€7,958 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | €136,258 | €233,077 | +€96,819 | +71.1% |
| Profit (loss) for the period | 9904 | €136,258 | €233,077 | +€96,819 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €136,258 | €233,077 | +€96,819 | +71.1% |
Next steps
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 5 November 2026 via checked.be.