KISS IT: 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.
KISS IT
Largest movements
- Receivables within one year -€6,611
down €6,611 (-12.0%), from €55,175 to €48,564
of which Other amounts receivable: -€9,419
- Cash -€4,956
down €4,956 (-3.6%), from €139,596 to €134,640
mainly Other debts (-€25,960) and Contributions, distributions and other (-€15,923)
- Tangible fixed assets +€4,792
up €4,792 (+28.7%), from €16,692 to €21,484
of which Plant, machinery and equipment: +€5,143
- Other debts -€25,960
down €25,960 (-62.0%), from €41,884 to €15,923
- Reserves +€14,761
up €14,761 (+15.3%), from €96,435 to €111,196
of which Distributable reserves: +€14,761
- Trade debts +€3,304
up €3,304 (+1,368%), from €241 to €3,545
- Tax, wage and social debts +€3,278
up €3,278 (+8.8%), from €37,335 to €40,613
- Gross operating margin -€22,656
down €22,656 (-28.5%), from €79,608 to €56,952
- Taxes -€4,610
down €4,610 (-21.3%), from €21,597 to €16,987
- Depreciation +€2,245
up €2,245 (+30.8%), from €7,292 to €9,536
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 | €212,541 | €207,923 | -€4,618 | -2.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €16,692 | €23,026 | +€6,334 | +37.9% |
| Intangible fixed assets | 21 | - | €1,542 | +€1,542 | |
| Tangible fixed assets | 22/27 | €16,692 | €21,484 | +€4,792 | +28.7% |
| Land and buildings | 22 | €134 | €72 | -€63 | -46.6% |
| Plant, machinery and equipment | 23 | €6,359 | €11,501 | +€5,143 | +80.9% |
| Furniture and vehicles | 24 | €8,252 | €8,163 | -€90 | -1.1% |
| Other tangible fixed assets | 26 | €1,946 | €1,748 | -€199 | -10.2% |
| Current assets | 29/58 | €195,849 | €184,897 | -€10,952 | -5.6% |
| Amounts receivable within one year | 40/41 | €55,175 | €48,564 | -€6,611 | -12.0% |
| Trade receivables | 40 | €16,184 | €18,991 | +€2,807 | +17.3% |
| Other amounts receivable | 41 | €38,991 | €29,573 | -€9,419 | -24.2% |
| Cash at bank and in hand | 54/58 | €139,596 | €134,640 | -€4,956 | -3.6% |
| Deferred charges and accrued income | 490/1 | €1,078 | €1,693 | +€616 | +57.1% |
| Total equity and liabilities | 10/49 | €212,541 | €207,923 | -€4,618 | -2.2% |
| Equity | 10/15 | €131,573 | €146,334 | +€14,761 | +11.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,435 | €111,196 | +€14,761 | +15.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €94,575 | €109,336 | +€14,761 | +15.6% |
| Profit (loss) carried forward | 14 | €28,938 | €28,938 | = | 0.0% |
| Amounts payable | 17/49 | €80,967 | €61,589 | -€19,379 | -23.9% |
| Amounts payable within one year | 42/48 | €79,460 | €60,081 | -€19,379 | -24.4% |
| Trade debts | 44 | €241 | €3,545 | +€3,304 | +1,368% |
| Suppliers | 440/4 | €241 | €3,545 | +€3,304 | +1,368% |
| Taxes, remuneration and social security | 45 | €37,335 | €40,613 | +€3,278 | +8.8% |
| Taxes | 450/3 | €37,335 | €40,613 | +€3,278 | +8.8% |
| Other amounts payable | 47/48 | €41,884 | €15,923 | -€25,960 | -62.0% |
| Accrued charges and deferred income | 492/3 | €1,507 | €1,507 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,292 | €9,536 | +€2,245 | +30.8% |
| Other operating charges | 640/8 | €580 | €400 | -€180 | -31.0% |
| Gross operating margin | 9900 | €79,608 | €56,952 | -€22,656 | -28.5% |
| Operating profit (loss) | 9901 | €71,737 | €47,015 | -€24,721 | -34.5% |
| Financial income | 75/76B | €2,010 | €1,842 | -€168 | -8.4% |
| Recurring financial income | 75 | €2,010 | €1,842 | -€168 | -8.4% |
| Financial charges | 65/66B | €1,656 | €1,187 | -€469 | -28.3% |
| Recurring financial charges | 65 | €1,656 | €1,187 | -€469 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €72,091 | €47,671 | -€24,420 | -33.9% |
| Income taxes | 67/77 | €21,597 | €16,987 | -€4,610 | -21.3% |
| Profit (loss) for the period | 9904 | €50,494 | €30,684 | -€19,810 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,494 | €30,684 | -€19,810 | -39.2% |
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 30 October 2026 via checked.be.