KIKK: 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.
KIKK
Largest movements
- Receivables within one year -€53,669
down €53,669 (-7.1%), from €754,236 to €700,567
of which Other amounts receivable: -€46,598
- Tangible fixed assets -€51,477
down €51,477 (-31.9%), from €161,310 to €109,833
- Cash -€39,024
down €39,024 (-14.1%), from €276,752 to €237,728
mainly Debts within one year (-€200,897) and Contributions, distributions and other (-€61,307)
- Intangible fixed assets -€18,890
down €18,890 (-41.4%), from €45,594 to €26,704
- Debts within one year -€200,897
down €200,897 (-40.0%), from €501,745 to €300,848
- Accrued charges and deferred income +€62,406
up €62,406 (+67.1%), from €93,014 to €155,420
- Investment grants -€61,307
down €61,307 (-38.2%), from €160,670 to €99,363
- Provisions +€34,208
up €34,208 (+68.4%), from €50,042 to €84,250
- Profit (loss) carried forward +€12,665
up €12,665 (+45.0%), from €28,152 to €40,818
- Gross operating margin +€48,897
up €48,897 (+4.6%), from €1.1m to €1.1m
- Staff costs +€31,276
up €31,276 (+3.1%), from €1.0m to €1.0m
- Other operating charges -€18,833
down €18,833 (-67.1%), from €28,051 to €9,219
- Financial income -€16,684
down €16,684 (-18.2%), from €91,784 to €75,100
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 | €1,249,680 | €1,085,300 | -€164,380 | -13.2% |
| Fixed assets | 21/28 | €210,225 | €139,857 | -€70,367 | -33.5% |
| Intangible fixed assets | 21 | €45,594 | €26,704 | -€18,890 | -41.4% |
| Tangible fixed assets | 22/27 | €161,310 | €109,833 | -€51,477 | -31.9% |
| Plant, machinery and equipment | 23 | €51,887 | €26,559 | -€25,329 | -48.8% |
| Furniture and vehicles | 24 | €15,674 | €10,037 | -€5,638 | -36.0% |
| Other tangible fixed assets | 26 | €93,748 | €73,237 | -€20,511 | -21.9% |
| Financial fixed assets | 28 | €3,320 | €3,320 | = | 0.0% |
| Current assets | 29/58 | €1,039,456 | €945,443 | -€94,013 | -9.0% |
| Amounts receivable within one year | 40/41 | €754,236 | €700,567 | -€53,669 | -7.1% |
| Trade receivables | 40 | €37,449 | €30,379 | -€7,070 | -18.9% |
| Other amounts receivable | 41 | €716,787 | €670,188 | -€46,598 | -6.5% |
| Cash at bank and in hand | 54/58 | €276,752 | €237,728 | -€39,024 | -14.1% |
| Deferred charges and accrued income | 490/1 | €8,468 | €7,148 | -€1,320 | -15.6% |
| Total equity and liabilities | 10/49 | €1,249,680 | €1,085,300 | -€164,380 | -13.2% |
| Equity | 10/15 | €386,021 | €325,925 | -€60,097 | -15.6% |
| Reserves | 13 | €197,199 | €185,743 | -€11,455 | -5.8% |
| Profit (loss) carried forward | 14 | €28,152 | €40,818 | +€12,665 | +45.0% |
| Investment grants | 15 | €160,670 | €99,363 | -€61,307 | -38.2% |
| Provisions and deferred taxes | 16 | €50,042 | €84,250 | +€34,208 | +68.4% |
| Amounts payable | 17/49 | €813,617 | €675,126 | -€138,491 | -17.0% |
| Amounts payable after more than one year | 17 | €218,858 | €218,858 | = | 0.0% |
| Other amounts payable | 178/9 | €218,858 | €218,858 | = | 0.0% |
| Amounts payable within one year | 42/48 | €501,745 | €300,848 | -€200,897 | -40.0% |
| Trade debts | 44 | €168,732 | €139,795 | -€28,937 | -17.1% |
| Suppliers | 440/4 | €168,732 | €139,795 | -€28,937 | -17.1% |
| Taxes, remuneration and social security | 45 | €131,803 | €125,229 | -€6,574 | -5.0% |
| Taxes | 450/3 | €9,673 | €8,560 | -€1,113 | -11.5% |
| Remuneration and social security | 454/9 | €122,129 | €116,669 | -€5,461 | -4.5% |
| Accrued charges and deferred income | 492/3 | €93,014 | €155,420 | +€62,406 | +67.1% |
| Remuneration, social security and pensions | 62 | €1,013,101 | €1,044,377 | +€31,276 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,761 | €87,037 | -€6,723 | -7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,276 | -€1,681 | -€3,958 | |
| Other operating charges | 640/8 | €28,051 | €9,219 | -€18,833 | -67.1% |
| Gross operating margin | 9900 | €1,055,030 | €1,103,926 | +€48,897 | +4.6% |
| Operating profit (loss) | 9901 | -€76,859 | -€69,233 | +€7,625 | +9.9% |
| Financial income | 75/76B | €91,784 | €75,100 | -€16,684 | -18.2% |
| Recurring financial income | 75 | €91,784 | €75,100 | -€16,684 | -18.2% |
| Financial charges | 65/66B | €1,909 | €4,163 | +€2,254 | +118.1% |
| Recurring financial charges | 65 | €1,909 | €4,163 | +€2,254 | +118.1% |
| Profit (loss) for the period before taxes | 9903 | €13,016 | €1,704 | -€11,312 | -86.9% |
| Income taxes | 67/77 | €1,286 | €494 | -€793 | -61.6% |
| Profit (loss) for the period | 9904 | €11,730 | €1,210 | -€10,519 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,730 | €1,210 | -€10,519 | -89.7% |
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 3 October 2026 via checked.be.