KISWE MOBILE: 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.
KISWE MOBILE
Largest movements
- Financial fixed assets +€356,630
up €356,630 (+287%), from €124,242 to €480,872
- Receivables within one year -€237,271
down €237,271 (-92.4%), from €256,759 to €19,489
of which Trade receivables: -€210,106
- Cash -€62,768
down €62,768 (-45.7%), from €137,477 to €74,709
mainly Investment in fixed assets (net) (-€356,630) and Deferred charges and accrued income (-€33,147)
- Deferred charges and accrued income +€33,147
new in 2025: €33,147
- Profit (loss) carried forward +€68,536
up €68,536 (+2.3%), from -€2.9m to -€2.9m
- Trade debts +€15,635
up €15,635 (+59.8%), from €26,141 to €41,776
- Financial income +€19,174
up €19,174 (+1,215%), from €1,578 to €20,752
- Staff costs +€17,551
up €17,551 (+3.4%), from €522,579 to €540,130
- Gross operating margin -€10,609
down €10,609 (-1.7%), from €622,992 to €612,383
- Financial charges +€7,507
up €7,507 (+46.3%), from €16,227 to €23,734
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 | €518,676 | €608,216 | +€89,541 | +17.3% |
| Fixed assets | 21/28 | €124,440 | €480,872 | +€356,432 | +286% |
| Tangible fixed assets | 22/27 | €198 | €0 | -€198 | -100% |
| Plant, machinery and equipment | 23 | €198 | €0 | -€198 | -100% |
| Financial fixed assets | 28 | €124,242 | €480,872 | +€356,630 | +287% |
| Current assets | 29/58 | €394,236 | €127,344 | -€266,892 | -67.7% |
| Amounts receivable within one year | 40/41 | €256,759 | €19,489 | -€237,271 | -92.4% |
| Trade receivables | 40 | €210,106 | €0 | -€210,106 | -100% |
| Other amounts receivable | 41 | €46,654 | €19,489 | -€27,165 | -58.2% |
| Cash at bank and in hand | 54/58 | €137,477 | €74,709 | -€62,768 | -45.7% |
| Deferred charges and accrued income | 490/1 | - | €33,147 | +€33,147 | |
| Total equity and liabilities | 10/49 | €518,676 | €608,216 | +€89,541 | +17.3% |
| Equity | 10/15 | €433,534 | €502,071 | +€68,536 | +15.8% |
| Contributions | 10/11 | €3,358,600 | €3,358,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,925,066 | -€2,856,529 | +€68,536 | +2.3% |
| Amounts payable | 17/49 | €85,141 | €106,146 | +€21,005 | +24.7% |
| Amounts payable within one year | 42/48 | €85,141 | €106,146 | +€21,005 | +24.7% |
| Trade debts | 44 | €26,141 | €41,776 | +€15,635 | +59.8% |
| Suppliers | 440/4 | €26,141 | €41,776 | +€15,635 | +59.8% |
| Taxes, remuneration and social security | 45 | €59,000 | €64,370 | +€5,370 | +9.1% |
| Remuneration and social security | 454/9 | €59,000 | €64,370 | +€5,370 | +9.1% |
| Remuneration, social security and pensions | 62 | €522,579 | €540,130 | +€17,551 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,141 | €198 | -€943 | -82.7% |
| Other operating charges | 640/8 | €3,325 | €537 | -€2,788 | -83.8% |
| Gross operating margin | 9900 | €622,992 | €612,383 | -€10,609 | -1.7% |
| Operating profit (loss) | 9901 | €95,947 | €71,519 | -€24,429 | -25.5% |
| Financial income | 75/76B | €1,578 | €20,752 | +€19,174 | +1,215% |
| Recurring financial income | 75 | €1,578 | €20,752 | +€19,174 | +1,215% |
| Financial charges | 65/66B | €16,227 | €23,734 | +€7,507 | +46.3% |
| Recurring financial charges | 65 | €16,227 | €23,734 | +€7,507 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | €81,298 | €68,536 | -€12,762 | -15.7% |
| Profit (loss) for the period | 9904 | €81,298 | €68,536 | -€12,762 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,298 | €68,536 | -€12,762 | -15.7% |
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.