KIWI: 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.
KIWI
Largest movements
- Tangible fixed assets -€16,166
down €16,166 (-4.1%), from €391,972 to €375,807
of which Land and buildings: -€15,280
- Receivables within one year -€12,279
down €12,279 (-98.2%), from €12,500 to €221
of which Trade receivables: -€12,400
- Debts after one year -€23,295
down €23,295 (-12.3%), from €189,586 to €166,291
- Profit (loss) carried forward -€16,884
down €16,884 (-90.7%), from €18,622 to €1,738
- Other debts +€14,156
up €14,156 (+7.5%), from €187,501 to €201,656
- Gross operating margin +€30,091
up €30,091 (+49.7%), from €60,507 to €90,599
- Taxes +€6,379
up €6,379 (+75.0%), from €8,500 to €14,879
- Other operating charges -€1,430
down €1,430 (-43.8%), from €3,266 to €1,836
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 | €432,763 | €406,026 | -€26,737 | -6.2% |
| Fixed assets | 21/28 | €392,022 | €375,807 | -€16,216 | -4.1% |
| Tangible fixed assets | 22/27 | €391,972 | €375,807 | -€16,166 | -4.1% |
| Land and buildings | 22 | €390,145 | €374,864 | -€15,280 | -3.9% |
| Furniture and vehicles | 24 | €1,828 | €942 | -€885 | -48.4% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €40,741 | €30,219 | -€10,521 | -25.8% |
| Amounts receivable within one year | 40/41 | €12,500 | €221 | -€12,279 | -98.2% |
| Trade receivables | 40 | €12,500 | €100 | -€12,400 | -99.2% |
| Other amounts receivable | 41 | - | €121 | +€121 | |
| Cash at bank and in hand | 54/58 | €23,452 | €25,998 | +€2,546 | +10.9% |
| Deferred charges and accrued income | 490/1 | €4,789 | €4,000 | -€788 | -16.5% |
| Total equity and liabilities | 10/49 | €432,763 | €406,026 | -€26,737 | -6.2% |
| Equity | 10/15 | €21,622 | €4,738 | -€16,884 | -78.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,622 | €1,738 | -€16,884 | -90.7% |
| Amounts payable | 17/49 | €411,141 | €401,288 | -€9,853 | -2.4% |
| Amounts payable after more than one year | 17 | €189,586 | €166,291 | -€23,295 | -12.3% |
| Financial debts | 170/4 | €189,586 | €166,291 | -€23,295 | -12.3% |
| Amounts payable within one year | 42/48 | €221,555 | €234,997 | +€13,442 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €22,665 | €23,295 | +€630 | +2.8% |
| Trade debts | 44 | €494 | - | -€494 | |
| Suppliers | 440/4 | €494 | - | -€494 | |
| Taxes, remuneration and social security | 45 | €10,895 | €10,046 | -€849 | -7.8% |
| Taxes | 450/3 | €10,895 | €10,046 | -€849 | -7.8% |
| Other amounts payable | 47/48 | €187,501 | €201,656 | +€14,156 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,005 | €16,166 | +€160 | +1.0% |
| Other operating charges | 640/8 | €3,266 | €1,836 | -€1,430 | -43.8% |
| Gross operating margin | 9900 | €60,507 | €90,599 | +€30,091 | +49.7% |
| Operating profit (loss) | 9901 | €41,236 | €72,597 | +€31,361 | +76.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,309 | €4,602 | -€707 | -13.3% |
| Recurring financial charges | 65 | €5,309 | €4,602 | -€707 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €35,927 | €67,995 | +€32,068 | +89.3% |
| Income taxes | 67/77 | €8,500 | €14,879 | +€6,379 | +75.0% |
| Profit (loss) for the period | 9904 | €27,427 | €53,116 | +€25,689 | +93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,427 | €53,116 | +€25,689 | +93.7% |
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 30 September 2026 via checked.be.