KiWell: 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.
KiWell
Largest movements
- Tangible fixed assets +€19,646
up €19,646 (+8.3%), from €236,396 to €256,042
of which Land and buildings: +€20,102
- Cash +€18,213
up €18,213 (+252.7%), from €7,208 to €25,421
mainly Net result for the year (+€52,094) and Tax, wage and social debts (+€12,165)
- Deferred charges and accrued income +€5,465
new in 2025: €5,465
- Profit (loss) carried forward +€52,094
up €52,094 (+125.7%), from €41,454 to €93,548
- Debts after one year -€24,700
down €24,700 (-20.6%), from €119,857 to €95,157
- Tax, wage and social debts +€12,165
up €12,165 (+2317.1%), from €525 to €12,690
- Gross operating margin +€61,034
up €61,034 (+230.5%), from €26,476 to €87,511
- Taxes +€7,212
up €7,212 (+83.3%), from €8,653 to €15,864
- Financial income -€1,987
down €1,987 (-100.0%), from €1,987 to €0
of which Non-recurring financial income: -€1,987
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 | €258,675 | €301,778 | +€43,103 | +16.7% |
| Fixed assets | 21/28 | €251,246 | €270,892 | +€19,646 | +7.8% |
| Tangible fixed assets | 22/27 | €236,396 | €256,042 | +€19,646 | +8.3% |
| Land and buildings | 22 | €232,193 | €252,296 | +€20,102 | +8.7% |
| Plant, machinery and equipment | 23 | €1,037 | €2,669 | +€1,632 | +157.3% |
| Furniture and vehicles | 24 | €3,166 | €1,078 | -€2,088 | -66.0% |
| Financial fixed assets | 28 | €14,850 | €14,850 | = | 0.0% |
| Current assets | 29/58 | €7,429 | €30,886 | +€23,457 | +315.8% |
| Stocks and contracts in progress | 3 | €221 | €0 | -€221 | -100.0% |
| Stocks | 30/36 | €221 | €0 | -€221 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,208 | €25,421 | +€18,213 | +252.7% |
| Deferred charges and accrued income | 490/1 | - | €5,465 | +€5,465 | |
| Total equity and liabilities | 10/49 | €258,675 | €301,778 | +€43,103 | +16.7% |
| Equity | 10/15 | €61,914 | €114,008 | +€52,094 | +84.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,454 | €93,548 | +€52,094 | +125.7% |
| Amounts payable | 17/49 | €196,761 | €187,770 | -€8,991 | -4.6% |
| Amounts payable after more than one year | 17 | €119,857 | €95,157 | -€24,700 | -20.6% |
| Financial debts | 170/4 | €119,857 | €95,157 | -€24,700 | -20.6% |
| Amounts payable within one year | 42/48 | €76,903 | €92,612 | +€15,709 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €24,700 | €24,700 | = | 0.0% |
| Trade debts | 44 | €924 | €2,993 | +€2,069 | +224.0% |
| Suppliers | 440/4 | €924 | €2,993 | +€2,069 | +224.0% |
| Taxes, remuneration and social security | 45 | €525 | €12,690 | +€12,165 | +2317.1% |
| Taxes | 450/3 | €525 | €12,690 | +€12,165 | +2317.1% |
| Other amounts payable | 47/48 | €50,754 | €52,229 | +€1,475 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,145 | €11,245 | +€100 | +0.9% |
| Other operating charges | 640/8 | €2,599 | €2,354 | -€245 | -9.4% |
| Gross operating margin | 9900 | €26,476 | €87,511 | +€61,034 | +230.5% |
| Operating profit (loss) | 9901 | €12,732 | €73,911 | +€61,179 | +480.5% |
| Financial income | 75/76B | €1,987 | €0 | -€1,987 | -100.0% |
| Recurring financial income | 75 | €1,987 | €0 | -€1,987 | -100.0% |
| Non-recurring financial income | 76B | €1,987 | - | -€1,987 | |
| Financial charges | 65/66B | €6,519 | €5,952 | -€567 | -8.7% |
| Recurring financial charges | 65 | €6,519 | €5,952 | -€567 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €8,199 | €67,959 | +€59,759 | +728.8% |
| Income taxes | 67/77 | €8,653 | €15,864 | +€7,212 | +83.3% |
| Profit (loss) for the period | 9904 | -€453 | €52,094 | +€52,548 | |
| Profit (loss) for the period to be appropriated | 9905 | -€453 | €52,094 | +€52,548 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.