KINDEE: 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.
KINDEE
Largest movements
- Cash -€11,242
down €11,242 (-24.1%), from €46,626 to €35,383
mainly Other debts (-€112,797)
- Receivables within one year -€4,740
down €4,740 (-3.4%), from €139,953 to €135,212
of which Other amounts receivable: -€2,629
- Other debts -€112,797
down €112,797 (-95.1%), from €118,564 to €5,768
- Profit (loss) carried forward +€85,548
up €85,548, from -€47,668 to €37,880
- Tax, wage and social debts +€6,372
up €6,372 (+8.8%), from €72,386 to €78,758
of which Taxes: +€6,055
- Trade debts +€4,135
up €4,135 (+15.5%), from €26,614 to €30,749
- Gross operating margin +€52,787
up €52,787 (+14.0%), from €376,301 to €429,089
- Taxes +€15,501
up €15,501 (+86.1%), from €17,999 to €33,500
- Other operating charges -€6,613
down €6,613 (-77.3%), from €8,554 to €1,941
- Staff costs -€4,322
down €4,322 (-1.4%), from €311,055 to €306,732
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 | €188,496 | €171,755 | -€16,741 | -8.9% |
| Fixed assets | 21/28 | €67 | - | -€67 | |
| Tangible fixed assets | 22/27 | €67 | - | -€67 | |
| Furniture and vehicles | 24 | €67 | - | -€67 | |
| Current assets | 29/58 | €188,429 | €171,755 | -€16,674 | -8.8% |
| Amounts receivable within one year | 40/41 | €139,953 | €135,212 | -€4,740 | -3.4% |
| Trade receivables | 40 | €135,130 | €133,019 | -€2,111 | -1.6% |
| Other amounts receivable | 41 | €4,823 | €2,193 | -€2,629 | -54.5% |
| Cash at bank and in hand | 54/58 | €46,626 | €35,383 | -€11,242 | -24.1% |
| Deferred charges and accrued income | 490/1 | €1,850 | €1,159 | -€692 | -37.4% |
| Total equity and liabilities | 10/49 | €188,496 | €171,755 | -€16,741 | -8.9% |
| Equity | 10/15 | -€29,068 | €56,480 | +€85,548 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,668 | €37,880 | +€85,548 | |
| Amounts payable | 17/49 | €217,564 | €115,275 | -€102,290 | -47.0% |
| Amounts payable within one year | 42/48 | €217,564 | €115,275 | -€102,290 | -47.0% |
| Trade debts | 44 | €26,614 | €30,749 | +€4,135 | +15.5% |
| Suppliers | 440/4 | €26,614 | €30,749 | +€4,135 | +15.5% |
| Taxes, remuneration and social security | 45 | €72,386 | €78,758 | +€6,372 | +8.8% |
| Taxes | 450/3 | €23,809 | €29,864 | +€6,055 | +25.4% |
| Remuneration and social security | 454/9 | €48,577 | €48,894 | +€317 | +0.7% |
| Other amounts payable | 47/48 | €118,564 | €5,768 | -€112,797 | -95.1% |
| Remuneration, social security and pensions | 62 | €311,055 | €306,732 | -€4,322 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €643 | €67 | -€576 | -89.6% |
| Other operating charges | 640/8 | €8,554 | €1,941 | -€6,613 | -77.3% |
| Gross operating margin | 9900 | €376,301 | €429,089 | +€52,787 | +14.0% |
| Operating profit (loss) | 9901 | €56,050 | €120,349 | +€64,299 | +114.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,579 | €1,300 | -€1,279 | -49.6% |
| Recurring financial charges | 65 | €2,579 | €1,300 | -€1,279 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | €53,471 | €119,048 | +€65,577 | +122.6% |
| Income taxes | 67/77 | €17,999 | €33,500 | +€15,501 | +86.1% |
| Profit (loss) for the period | 9904 | €35,472 | €85,548 | +€50,077 | +141.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,472 | €85,548 | +€50,077 | +141.2% |
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 6 October 2026 via checked.be.