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KIJKBEELD: 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.

What changed

KIJKBEELD

BE 0832.954.935
NACE 90.120, Visual arts creation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€12,544
2024 · -€10,996-€1,549
Equity
€44,139
2024 · €56,684-€12,544
Cash
€48,585
2024 · €101,021-€52,436
Balance sheet total
€63,978
2024 · €126,647-€62,668

Largest movements

2024 to 2025
Assets
  • Cash -€52,436

    down €52,436 (-51.9%), from €101,021 to €48,585

    mainly Other debts (-€48,523) and Net result for the year (-€12,544)

  • Tangible fixed assets -€7,634

    down €7,634 (-41.0%), from €18,619 to €10,985

    of which Furniture and vehicles: -€7,097

  • Stocks and contracts -€1,868

    down €1,868 (-30.0%), from €6,220 to €4,352

Equity and liabilities
  • Other debts -€48,523

    down €48,523 (-71.4%), from €67,932 to €19,409

  • Profit (loss) carried forward -€12,544

    down €12,544 (-103.6%), from -€12,103 to -€24,648

  • Tax, wage and social debts -€1,349

    down €1,349 (-79.6%), from €1,694 to €346

Income statement
  • Gross operating margin -€2,224

    down €2,224 (-281.5%), from -€790 to -€3,014

  • Other operating charges -€348

    down €348 (-32.3%), from €1,078 to €730

  • Depreciation -€323

    down €323 (-4.1%), from €7,957 to €7,634

  • Financial charges -€49

    down €49 (-4.4%), from €1,096 to €1,047

  • Financial income -€39

    down €39 (-64.8%), from €61 to €21

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€10,996
Gross operating margin -€2,224
Depreciation +€323
Other operating charges +€348
Financial income -€39
Financial charges +€49
Taxes -€5
Result 2025 -€12,544

Cash bridge derived

cash 2024 to 2025

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.

From operations -€52,211
Investment €0
Financing -€225
Cash 2024 €101,021
Net result for the year -€12,544
Depreciation +€7,634
Stocks and contracts +€1,868
Receivables within one year +€730
Trade debts -€27
Tax, wage and social debts -€1,349
Other debts -€48,523
Short-term financial debts -€225
Cash 2025 €48,585
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €126,647 €63,978 -€62,668 -49.5%
Fixed assets 21/28 €18,619 €10,985 -€7,634 -41.0%
Tangible fixed assets 22/27 €18,619 €10,985 -€7,634 -41.0%
Plant, machinery and equipment 23 €916 €380 -€537 -58.6%
Furniture and vehicles 24 €17,703 €10,605 -€7,097 -40.1%
Current assets 29/58 €108,028 €52,994 -€55,034 -50.9%
Stocks and contracts in progress 3 €6,220 €4,352 -€1,868 -30.0%
Stocks 30/36 €6,220 €4,352 -€1,868 -30.0%
Amounts receivable within one year 40/41 €787 €56 -€730 -92.8%
Trade receivables 40 €787 - -€787
Other amounts receivable 41 - €56 +€56
Cash at bank and in hand 54/58 €101,021 €48,585 -€52,436 -51.9%
Total equity and liabilities 10/49 €126,647 €63,978 -€62,668 -49.5%
Equity 10/15 €56,684 €44,139 -€12,544 -22.1%
Contributions 10/11 €20,460 €20,460 = 0.0%
Reserves 13 €48,327 €48,327 = 0.0%
Distributable reserves 133 €48,327 €48,327 = 0.0%
Profit (loss) carried forward 14 -€12,103 -€24,648 -€12,544 -103.6%
Amounts payable 17/49 €69,963 €19,839 -€50,124 -71.6%
Amounts payable within one year 42/48 €69,963 €19,839 -€50,124 -71.6%
Financial debts 43 €225 - -€225
Credit institutions 430/8 €225 - -€225
Trade debts 44 €111 €84 -€27 -24.5%
Suppliers 440/4 €111 €84 -€27 -24.5%
Taxes, remuneration and social security 45 €1,694 €346 -€1,349 -79.6%
Taxes 450/3 €1,694 €346 -€1,349 -79.6%
Other amounts payable 47/48 €67,932 €19,409 -€48,523 -71.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,957 €7,634 -€323 -4.1%
Other operating charges 640/8 €1,078 €730 -€348 -32.3%
Gross operating margin 9900 -€790 -€3,014 -€2,224 -281.5%
Operating profit (loss) 9901 -€9,825 -€11,378 -€1,553 -15.8%
Financial income 75/76B €61 €21 -€39 -64.8%
Recurring financial income 75 €61 €21 -€39 -64.8%
Financial charges 65/66B €1,096 €1,047 -€49 -4.4%
Recurring financial charges 65 €1,096 €1,047 -€49 -4.4%
Profit (loss) for the period before taxes 9903 -€10,861 -€12,404 -€1,544 -14.2%
Income taxes 67/77 €135 €140 +€5 +3.8%
Profit (loss) for the period 9904 -€10,996 -€12,544 -€1,549 -14.1%
Profit (loss) for the period to be appropriated 9905 -€10,996 -€12,544 -€1,549 -14.1%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.