KIKADIKOI: 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.
KIKADIKOI
Largest movements
- Cash +€19,881
up €19,881 (+79.2%), from €25,117 to €44,998
mainly Net result for the year (+€27,084) and Trade debts (+€19,961)
- Stocks and contracts +€6,987
up €6,987 (+9.4%), from €74,233 to €81,220
- Tangible fixed assets -€6,638
down €6,638 (-5.4%), from €123,572 to €116,935
of which Land and buildings: -€5,895
- Receivables within one year +€5,138
up €5,138 (+17.7%), from €29,037 to €34,175
of which Trade receivables: +€13,230
- Trade debts +€19,961
up €19,961 (+70.2%), from €28,436 to €48,397
- Other debts +€3,921
up €3,921 (+8.5%), from €45,936 to €49,857
- Reserves +€3,529
up €3,529 (+3.5%), from €101,034 to €104,563
of which Distributable reserves: +€3,461
- Gross operating margin +€20,878
up €20,878 (+37.2%), from €56,186 to €77,063
- Taxes +€4,495
up €4,495 (+323%), from €1,391 to €5,886
- Financial charges +€1,438
up €1,438 (+40.3%), from €3,569 to €5,007
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 | €254,258 | €280,297 | +€26,038 | +10.2% |
| Fixed assets | 21/28 | €124,787 | €118,149 | -€6,638 | -5.3% |
| Tangible fixed assets | 22/27 | €123,572 | €116,935 | -€6,638 | -5.4% |
| Land and buildings | 22 | €106,321 | €100,426 | -€5,895 | -5.5% |
| Plant, machinery and equipment | 23 | €178 | €805 | +€627 | +353% |
| Furniture and vehicles | 24 | €17,073 | €13,069 | -€4,004 | -23.5% |
| Other tangible fixed assets | 26 | - | €2,634 | +€2,634 | |
| Financial fixed assets | 28 | €1,215 | €1,215 | = | 0.0% |
| Current assets | 29/58 | €129,472 | €162,147 | +€32,676 | +25.2% |
| Stocks and contracts in progress | 3 | €74,233 | €81,220 | +€6,987 | +9.4% |
| Stocks | 30/36 | €74,233 | €81,220 | +€6,987 | +9.4% |
| Amounts receivable within one year | 40/41 | €29,037 | €34,175 | +€5,138 | +17.7% |
| Trade receivables | 40 | €1,104 | €14,334 | +€13,230 | +1,198% |
| Other amounts receivable | 41 | €27,933 | €19,841 | -€8,092 | -29.0% |
| Cash at bank and in hand | 54/58 | €25,117 | €44,998 | +€19,881 | +79.2% |
| Deferred charges and accrued income | 490/1 | €1,084 | €1,754 | +€670 | +61.8% |
| Total equity and liabilities | 10/49 | €254,258 | €280,297 | +€26,038 | +10.2% |
| Equity | 10/15 | €136,954 | €140,483 | +€3,529 | +2.6% |
| Contributions | 10/11 | €35,920 | €35,920 | = | 0.0% |
| Reserves | 13 | €101,034 | €104,563 | +€3,529 | +3.5% |
| Tax-exempt reserves | 132 | €3,070 | €3,138 | +€68 | +2.2% |
| Distributable reserves | 133 | €97,964 | €101,425 | +€3,461 | +3.5% |
| Amounts payable | 17/49 | €117,305 | €139,814 | +€22,509 | +19.2% |
| Amounts payable after more than one year | 17 | €31,786 | €30,075 | -€1,710 | -5.4% |
| Financial debts | 170/4 | €31,786 | €30,075 | -€1,710 | -5.4% |
| Amounts payable within one year | 42/48 | €85,467 | €109,689 | +€24,222 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €3,317 | €3,369 | +€52 | +1.6% |
| Trade debts | 44 | €28,436 | €48,397 | +€19,961 | +70.2% |
| Suppliers | 440/4 | €28,436 | €48,397 | +€19,961 | +70.2% |
| Taxes, remuneration and social security | 45 | €7,778 | €8,066 | +€288 | +3.7% |
| Taxes | 450/3 | €1,117 | €1,273 | +€156 | +14.0% |
| Remuneration and social security | 454/9 | €6,661 | €6,793 | +€131 | +2.0% |
| Other amounts payable | 47/48 | €45,936 | €49,857 | +€3,921 | +8.5% |
| Accrued charges and deferred income | 492/3 | €52 | €50 | -€3 | -5.0% |
| Non-recurring operating income | 76A | €330 | €198 | -€132 | -40.1% |
| Remuneration, social security and pensions | 62 | €24,315 | €24,415 | +€100 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,279 | €11,601 | +€323 | +2.9% |
| Other operating charges | 640/8 | €3,318 | €3,311 | -€7 | -0.2% |
| Non-recurring operating charges | 66A | €363 | - | -€363 | |
| Gross operating margin | 9900 | €56,186 | €77,063 | +€20,878 | +37.2% |
| Operating profit (loss) | 9901 | €16,911 | €37,736 | +€20,826 | +123% |
| Financial income | 75/76B | €613 | €241 | -€372 | -60.6% |
| Recurring financial income | 75 | €613 | €241 | -€372 | -60.6% |
| Financial charges | 65/66B | €3,569 | €5,007 | +€1,438 | +40.3% |
| Recurring financial charges | 65 | €3,569 | €5,007 | +€1,438 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €13,955 | €32,970 | +€19,015 | +136% |
| Income taxes | 67/77 | €1,391 | €5,886 | +€4,495 | +323% |
| Profit (loss) for the period | 9904 | €12,564 | €27,084 | +€14,520 | +116% |
| Transfer to tax-exempt reserves | 689 | €67 | €68 | +€1 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,497 | €27,017 | +€14,519 | +116% |
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 22 October 2026 via checked.be.