KIKI BEACH: 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.
What changed
KIKI BEACH
NACE 56.301, Cafés and bars
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€239,010
2024 · €160,231+€78,779
Equity
€795,026
2024 · €630,456+€164,570
Cash
€31,892
2024 · €98,550-€66,658
Balance sheet total
€869,466
2024 · €640,037+€229,430
Largest movements
Assets
- Current investments +€271,683
up €271,683 (+90.6%), from €300,000 to €571,683
- Cash -€66,658
down €66,658 (-67.6%), from €98,550 to €31,892
mainly Current investments (-€271,683) and Contributions, distributions and other (-€74,440)
- Receivables after one year +€16,015
up €16,015 (+42.7%), from €37,526 to €53,541
Equity and liabilities
- Reserves +€164,570
up €164,570 (+26.3%), from €625,456 to €790,026
- Other debts +€70,718
new in 2025: €70,718
Income statement
- Gross operating margin +€99,690
up €99,690 (+28.7%), from €346,929 to €446,619
- Taxes +€35,877
up €35,877 (+52.4%), from €68,422 to €104,300
- Depreciation -€4,579
down €4,579 (-7.6%), from €60,084 to €55,505
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.
Result 2024
€160,231
Gross operating margin
+€99,690
Staff costs
+€3,378
Depreciation
+€4,579
Write-downs
+€504
Other operating charges
+€2,572
Financial income
+€4,048
Financial charges
-€114
Taxes
-€35,877
Result 2025
€239,010
raises the resultlowers the result
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.
From operations
+€337,185
Investment
-€327,680
Financing
-€76,162
Cash 2024
€98,550
From operations (derived)
+€337,185
Net result for the year
+€239,010
Depreciation
+€55,505
Receivables after one year
-€16,015
Stocks and contracts
-€143
Receivables within one year
-€5,982
Deferred charges and accrued income
-€1,772
Trade debts
-€5,858
Tax, wage and social debts
+€1,722
Other debts
+€70,718
Investment (derived)
-€327,680
Investment in fixed assets (net)
-€55,998
Current investments
-€271,683
Financing
-€76,162
Current portion of long-term debt
-€1,722
Contributions, distributions and other
-€74,440
Cash 2025
€31,892
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €640,037 | €869,466 | +€229,430 | +35.8% |
| Fixed assets | 21/28 | €185,976 | €186,469 | +€493 | +0.3% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €185,315 | €184,634 | -€682 | -0.4% |
| Land and buildings | 22 | €39,439 | €34,312 | -€5,127 | -13.0% |
| Plant, machinery and equipment | 23 | €43,318 | €73,547 | +€30,229 | +69.8% |
| Furniture and vehicles | 24 | €102,558 | €76,775 | -€25,783 | -25.1% |
| Financial fixed assets | 28 | €661 | €1,836 | +€1,175 | +178% |
| Current assets | 29/58 | €454,060 | €682,997 | +€228,937 | +50.4% |
| Amounts receivable after more than one year | 29 | €37,526 | €53,541 | +€16,015 | +42.7% |
| Other amounts receivable | 291 | €37,526 | €53,541 | +€16,015 | +42.7% |
| Stocks and contracts in progress | 3 | €4,447 | €4,590 | +€143 | +3.2% |
| Stocks | 30/36 | €4,447 | €4,590 | +€143 | +3.2% |
| Amounts receivable within one year | 40/41 | €11,129 | €17,110 | +€5,982 | +53.8% |
| Trade receivables | 40 | €1,692 | €4,893 | +€3,202 | +189% |
| Other amounts receivable | 41 | €9,437 | €12,217 | +€2,780 | +29.5% |
| Current investments | 50/53 | €300,000 | €571,683 | +€271,683 | +90.6% |
| Cash at bank and in hand | 54/58 | €98,550 | €31,892 | -€66,658 | -67.6% |
| Deferred charges and accrued income | 490/1 | €2,409 | €4,181 | +€1,772 | +73.6% |
| Total equity and liabilities | 10/49 | €640,037 | €869,466 | +€229,430 | +35.8% |
| Equity | 10/15 | €630,456 | €795,026 | +€164,570 | +26.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €625,456 | €790,026 | +€164,570 | +26.3% |
| Distributable reserves | 133 | €625,456 | €790,026 | +€164,570 | +26.3% |
| Amounts payable | 17/49 | €9,580 | €74,440 | +€64,860 | +677% |
| Amounts payable within one year | 42/48 | €9,580 | €74,440 | +€64,860 | +677% |
| Current portion of amounts payable after more than one year | 42 | €1,722 | - | -€1,722 | |
| Trade debts | 44 | €5,858 | - | -€5,858 | |
| Suppliers | 440/4 | €5,858 | - | -€5,858 | |
| Taxes, remuneration and social security | 45 | €2,000 | €3,722 | +€1,722 | +86.1% |
| Taxes | 450/3 | €2,000 | €3,722 | +€1,722 | +86.1% |
| Other amounts payable | 47/48 | - | €70,718 | +€70,718 | |
| Remuneration, social security and pensions | 62 | €53,954 | €50,577 | -€3,378 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,084 | €55,505 | -€4,579 | -7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €504 | - | -€504 | |
| Other operating charges | 640/8 | €3,042 | €469 | -€2,572 | -84.6% |
| Gross operating margin | 9900 | €346,929 | €446,619 | +€99,690 | +28.7% |
| Operating profit (loss) | 9901 | €229,346 | €340,069 | +€110,723 | +48.3% |
| Financial income | 75/76B | €1,272 | €5,320 | +€4,048 | +318% |
| Recurring financial income | 75 | €1,272 | €5,320 | +€4,048 | +318% |
| Financial charges | 65/66B | €1,965 | €2,079 | +€114 | +5.8% |
| Recurring financial charges | 65 | €1,965 | €2,079 | +€114 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €228,653 | €343,310 | +€114,657 | +50.1% |
| Income taxes | 67/77 | €68,422 | €104,300 | +€35,877 | +52.4% |
| Profit (loss) for the period | 9904 | €160,231 | €239,010 | +€78,779 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €160,231 | €239,010 | +€78,779 | +49.2% |
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 27 October 2026 via checked.be.