KINDERLAND: 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.
KINDERLAND
Largest movements
- Receivables within one year +€275,836
up €275,836 (+147%), from €187,440 to €463,276
of which Other amounts receivable: +€228,682
- Cash -€116,730
down €116,730 (-72.9%), from €160,030 to €43,300
mainly Receivables within one year (-€275,836) and Deferred charges and accrued income (-€4,605)
- Tangible fixed assets -€20,064
down €20,064 (-23.4%), from €85,911 to €65,847
of which Furniture and vehicles: -€19,714
- Reserves +€131,916
up €131,916 (+47.6%), from €277,387 to €409,303
- Trade debts +€10,546
up €10,546 (+36.4%), from €28,967 to €39,513
- Staff costs +€135,158
up €135,158 (+32.9%), from €411,108 to €546,265
- Gross operating margin +€38,308
up €38,308 (+5.5%), from €696,996 to €735,305
- Taxes -€24,886
down €24,886 (-34.9%), from €71,373 to €46,487
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 | €438,019 | €581,666 | +€143,648 | +32.8% |
| Fixed assets | 21/28 | €85,911 | €65,847 | -€20,064 | -23.4% |
| Tangible fixed assets | 22/27 | €85,911 | €65,847 | -€20,064 | -23.4% |
| Plant, machinery and equipment | 23 | €1,127 | €777 | -€350 | -31.1% |
| Furniture and vehicles | 24 | €84,784 | €65,070 | -€19,714 | -23.3% |
| Current assets | 29/58 | €352,108 | €515,819 | +€163,711 | +46.5% |
| Amounts receivable within one year | 40/41 | €187,440 | €463,276 | +€275,836 | +147% |
| Trade receivables | 40 | €28,664 | €75,818 | +€47,154 | +165% |
| Other amounts receivable | 41 | €158,776 | €387,458 | +€228,682 | +144% |
| Cash at bank and in hand | 54/58 | €160,030 | €43,300 | -€116,730 | -72.9% |
| Deferred charges and accrued income | 490/1 | €4,638 | €9,243 | +€4,605 | +99.3% |
| Total equity and liabilities | 10/49 | €438,019 | €581,666 | +€143,648 | +32.8% |
| Equity | 10/15 | €281,387 | €413,303 | +€131,916 | +46.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €277,387 | €409,303 | +€131,916 | +47.6% |
| Distributable reserves | 133 | €277,387 | €409,303 | +€131,916 | +47.6% |
| Amounts payable | 17/49 | €156,632 | €168,363 | +€11,732 | +7.5% |
| Amounts payable after more than one year | 17 | €13,500 | €10,000 | -€3,500 | -25.9% |
| Other amounts payable | 178/9 | €13,500 | €10,000 | -€3,500 | -25.9% |
| Amounts payable within one year | 42/48 | €143,132 | €158,363 | +€15,232 | +10.6% |
| Trade debts | 44 | €28,967 | €39,513 | +€10,546 | +36.4% |
| Suppliers | 440/4 | €28,967 | €39,513 | +€10,546 | +36.4% |
| Taxes, remuneration and social security | 45 | €114,165 | €118,851 | +€4,686 | +4.1% |
| Taxes | 450/3 | €45,733 | €42,501 | -€3,232 | -7.1% |
| Remuneration and social security | 454/9 | €68,432 | €76,349 | +€7,918 | +11.6% |
| Remuneration, social security and pensions | 62 | €411,108 | €546,265 | +€135,158 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,271 | €20,064 | +€4,793 | +31.4% |
| Other operating charges | 640/8 | €5,840 | €2,709 | -€3,131 | -53.6% |
| Gross operating margin | 9900 | €696,996 | €735,305 | +€38,308 | +5.5% |
| Operating profit (loss) | 9901 | €264,778 | €166,267 | -€98,511 | -37.2% |
| Financial income | 75/76B | €6,204 | €12,232 | +€6,029 | +97.2% |
| Recurring financial income | 75 | €6,204 | €12,232 | +€6,029 | +97.2% |
| Financial charges | 65/66B | €982 | €96 | -€886 | -90.2% |
| Recurring financial charges | 65 | €982 | €96 | -€886 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | €269,999 | €178,403 | -€91,596 | -33.9% |
| Income taxes | 67/77 | €71,373 | €46,487 | -€24,886 | -34.9% |
| Profit (loss) for the period | 9904 | €198,626 | €131,916 | -€66,710 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €198,626 | €131,916 | -€66,710 | -33.6% |
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 20 October 2026 via checked.be.