KIKStart: 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.
KIKStart
Largest movements
- Current investments +€84,358
new in 2025: €84,358
- Cash -€36,045
down €36,045 (-76.3%), from €47,230 to €11,185
mainly Current investments (-€84,358) and Other debts (-€9,805)
- Receivables within one year +€5,460
up €5,460 (+35.8%), from €15,264 to €20,724
- Deferred charges and accrued income -€1,578
down €1,578 (-78.0%), from €2,023 to €446
- Profit (loss) carried forward +€49,373
up €49,373 (+144.1%), from €34,272 to €83,645
- Tax, wage and social debts +€14,338
up €14,338 (+140.3%), from €10,222 to €24,560
- Other debts -€9,805
down €9,805 (-59.4%), from €16,517 to €6,712
- Gross operating margin +€22,567
up €22,567 (+50.9%), from €44,358 to €66,926
- Taxes +€3,875
up €3,875 (+42.9%), from €9,033 to €12,909
- Financial charges +€3,346
up €3,346 (+841.4%), from €398 to €3,744
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 | €65,952 | €118,860 | +€52,908 | +80.2% |
| Fixed assets | 21/28 | €1,435 | €2,148 | +€713 | +49.6% |
| Tangible fixed assets | 22/27 | €1,435 | €2,148 | +€713 | +49.6% |
| Furniture and vehicles | 24 | €1,435 | €2,148 | +€713 | +49.6% |
| Current assets | 29/58 | €64,517 | €116,712 | +€52,195 | +80.9% |
| Amounts receivable within one year | 40/41 | €15,264 | €20,724 | +€5,460 | +35.8% |
| Trade receivables | 40 | €15,264 | €20,724 | +€5,460 | +35.8% |
| Current investments | 50/53 | - | €84,358 | +€84,358 | |
| Cash at bank and in hand | 54/58 | €47,230 | €11,185 | -€36,045 | -76.3% |
| Deferred charges and accrued income | 490/1 | €2,023 | €446 | -€1,578 | -78.0% |
| Total equity and liabilities | 10/49 | €65,952 | €118,860 | +€52,908 | +80.2% |
| Equity | 10/15 | €36,272 | €85,645 | +€49,373 | +136.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,272 | €83,645 | +€49,373 | +144.1% |
| Amounts payable | 17/49 | €29,680 | €33,215 | +€3,535 | +11.9% |
| Amounts payable within one year | 42/48 | €29,680 | €33,215 | +€3,535 | +11.9% |
| Financial debts | 43 | - | €33 | +€33 | |
| Credit institutions | 430/8 | - | €33 | +€33 | |
| Trade debts | 44 | €2,941 | €1,910 | -€1,031 | -35.0% |
| Suppliers | 440/4 | €2,941 | €1,910 | -€1,031 | -35.0% |
| Taxes, remuneration and social security | 45 | €10,222 | €24,560 | +€14,338 | +140.3% |
| Taxes | 450/3 | €10,222 | €24,560 | +€14,338 | +140.3% |
| Other amounts payable | 47/48 | €16,517 | €6,712 | -€9,805 | -59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €655 | €1,120 | +€466 | +71.1% |
| Gross operating margin | 9900 | €44,358 | €66,926 | +€22,567 | +50.9% |
| Operating profit (loss) | 9901 | €43,704 | €65,805 | +€22,102 | +50.6% |
| Financial income | 75/76B | - | €220 | +€220 | |
| Recurring financial income | 75 | - | €220 | +€220 | |
| Financial charges | 65/66B | €398 | €3,744 | +€3,346 | +841.4% |
| Recurring financial charges | 65 | €398 | €3,744 | +€3,346 | +841.4% |
| Profit (loss) for the period before taxes | 9903 | €43,306 | €62,282 | +€18,976 | +43.8% |
| Income taxes | 67/77 | €9,033 | €12,909 | +€3,875 | +42.9% |
| Profit (loss) for the period | 9904 | €34,272 | €49,373 | +€15,101 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,272 | €49,373 | +€15,101 | +44.1% |
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 12 October 2026 via checked.be.