KiKo Management: 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.
KiKo Management
Largest movements
- Financial fixed assets -€108,787
down €108,787 (-96.4%), from €112,877 to €4,090
- Receivables within one year +€14,481
up €14,481 (+584%), from €2,480 to €16,960
of which Trade receivables: +€14,311
- Profit (loss) carried forward -€121,517
down €121,517 (-531%), from -€22,886 to -€144,403
- Other debts +€17,636
up €17,636 (+60.5%), from €29,146 to €46,783
- Trade debts +€15,429
up €15,429 (+116%), from €13,251 to €28,679
- Debts after one year -€10,865
down €10,865 (-14.1%), from €77,187 to €66,322
- Tax, wage and social debts +€3,479
up €3,479 (+41.0%), from €8,487 to €11,966
- Gross operating margin +€9,368
up €9,368 (+67.5%), from -€13,870 to -€4,502
- Financial charges +€1,514
up €1,514 (+32.1%), from €4,718 to €6,231
- Other operating charges -€1,047
down €1,047 (-46.4%), from €2,256 to €1,209
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 | €118,827 | €23,554 | -€95,272 | -80.2% |
| Fixed assets | 21/28 | €114,249 | €5,069 | -€109,180 | -95.6% |
| Tangible fixed assets | 22/27 | €1,372 | €979 | -€393 | -28.6% |
| Other tangible fixed assets | 26 | €1,372 | €979 | -€393 | -28.6% |
| Financial fixed assets | 28 | €112,877 | €4,090 | -€108,787 | -96.4% |
| Current assets | 29/58 | €4,578 | €18,486 | +€13,908 | +304% |
| Amounts receivable within one year | 40/41 | €2,480 | €16,960 | +€14,481 | +584% |
| Trade receivables | 40 | €2,468 | €16,779 | +€14,311 | +580% |
| Other amounts receivable | 41 | €12 | €182 | +€169 | +1,402% |
| Cash at bank and in hand | 54/58 | €645 | €261 | -€384 | -59.5% |
| Deferred charges and accrued income | 490/1 | €1,453 | €1,264 | -€189 | -13.0% |
| Total equity and liabilities | 10/49 | €118,827 | €23,554 | -€95,272 | -80.2% |
| Equity | 10/15 | -€20,886 | -€142,403 | -€121,517 | -582% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,886 | -€144,403 | -€121,517 | -531% |
| Amounts payable | 17/49 | €139,713 | €165,958 | +€26,244 | +18.8% |
| Amounts payable after more than one year | 17 | €77,187 | €66,322 | -€10,865 | -14.1% |
| Financial debts | 170/4 | €77,187 | €66,322 | -€10,865 | -14.1% |
| Amounts payable within one year | 42/48 | €61,662 | €99,022 | +€37,359 | +60.6% |
| Current portion of amounts payable after more than one year | 42 | €10,624 | €10,865 | +€242 | +2.3% |
| Financial debts | 43 | €155 | €729 | +€574 | +371% |
| Credit institutions | 430/8 | €155 | €729 | +€574 | +371% |
| Trade debts | 44 | €13,251 | €28,679 | +€15,429 | +116% |
| Suppliers | 440/4 | €13,251 | €28,679 | +€15,429 | +116% |
| Taxes, remuneration and social security | 45 | €8,487 | €11,966 | +€3,479 | +41.0% |
| Taxes | 450/3 | €8,487 | €11,966 | +€3,479 | +41.0% |
| Other amounts payable | 47/48 | €29,146 | €46,783 | +€17,636 | +60.5% |
| Accrued charges and deferred income | 492/3 | €864 | €614 | -€250 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €393 | €393 | = | 0.0% |
| Other operating charges | 640/8 | €2,256 | €1,209 | -€1,047 | -46.4% |
| Non-recurring operating charges | 66A | - | €108,787 | +€108,787 | |
| Gross operating margin | 9900 | -€13,870 | -€4,502 | +€9,368 | +67.5% |
| Operating profit (loss) | 9901 | -€16,519 | -€114,891 | -€98,372 | -596% |
| Financial income | 75/76B | €42 | €3 | -€39 | -92.9% |
| Recurring financial income | 75 | €42 | €3 | -€39 | -92.9% |
| Financial charges | 65/66B | €4,718 | €6,231 | +€1,514 | +32.1% |
| Recurring financial charges | 65 | €4,718 | €6,231 | +€1,514 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,195 | -€121,119 | -€99,925 | -471% |
| Income taxes | 67/77 | €429 | €397 | -€31 | -7.3% |
| Profit (loss) for the period | 9904 | -€21,623 | -€121,517 | -€99,893 | -462% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,623 | -€121,517 | -€99,893 | -462% |
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 14 October 2026 via checked.be.