KIWI78: 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.
KIWI78
Largest movements
- Cash +€26,857
up €26,857 (+121%), from €22,110 to €48,967
mainly Net result for the year (+€76,502) and Receivables within one year (+€17,539)
- Receivables within one year -€17,539
down €17,539 (-96.4%), from €18,197 to €658
- Tangible fixed assets +€2,240
up €2,240 (+92.9%), from €2,412 to €4,652
of which Furniture and vehicles: +€1,407
- Deferred charges and accrued income +€593
up €593 (+25.0%), from €2,374 to €2,967
- Profit (loss) carried forward +€26,502
up €26,502 (+502%), from €5,276 to €31,778
- Other debts -€7,679
down €7,679 (-67.1%), from €11,438 to €3,759
- Trade debts -€6,081
down €6,081 (-88.1%), from €6,905 to €824
- Tax, wage and social debts -€591
down €591 (-4.1%), from €14,513 to €13,922
of which Taxes: -€591
- Turnover -€148,332
no longer reported in 2025 (was €148,332)
- Purchases and services -€116,595
no longer reported in 2025 (was €116,595)
- Gross operating margin +€76,036
up €76,036 (+240%), from €31,737 to €107,773
- Taxes +€15,390
up €15,390 (+309%), from €4,978 to €20,369
- Staff costs -€1,636
down €1,636 (-16.9%), from €9,670 to €8,033
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 | €45,094 | €57,245 | +€12,151 | +26.9% |
| Fixed assets | 21/28 | €2,412 | €4,652 | +€2,240 | +92.9% |
| Tangible fixed assets | 22/27 | €2,412 | €4,652 | +€2,240 | +92.9% |
| Plant, machinery and equipment | 23 | - | €833 | +€833 | |
| Furniture and vehicles | 24 | €2,412 | €3,819 | +€1,407 | +58.3% |
| Current assets | 29/58 | €42,682 | €52,593 | +€9,911 | +23.2% |
| Amounts receivable within one year | 40/41 | €18,197 | €658 | -€17,539 | -96.4% |
| Trade receivables | 40 | €18,197 | €658 | -€17,539 | -96.4% |
| Cash at bank and in hand | 54/58 | €22,110 | €48,967 | +€26,857 | +121% |
| Deferred charges and accrued income | 490/1 | €2,374 | €2,967 | +€593 | +25.0% |
| Total equity and liabilities | 10/49 | €45,094 | €57,245 | +€12,151 | +26.9% |
| Equity | 10/15 | €12,238 | €38,740 | +€26,502 | +217% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €763 | €763 | = | 0.0% |
| Distributable reserves | 133 | €763 | €763 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,276 | €31,778 | +€26,502 | +502% |
| Amounts payable | 17/49 | €32,856 | €18,505 | -€14,351 | -43.7% |
| Amounts payable within one year | 42/48 | €32,856 | €18,505 | -€14,351 | -43.7% |
| Trade debts | 44 | €6,905 | €824 | -€6,081 | -88.1% |
| Suppliers | 440/4 | €6,905 | €824 | -€6,081 | -88.1% |
| Taxes, remuneration and social security | 45 | €14,513 | €13,922 | -€591 | -4.1% |
| Taxes | 450/3 | €12,488 | €11,897 | -€591 | -4.7% |
| Remuneration and social security | 454/9 | €2,025 | €2,025 | = | 0.0% |
| Other amounts payable | 47/48 | €11,438 | €3,759 | -€7,679 | -67.1% |
| Turnover | 70 | €148,332 | - | -€148,332 | |
| Goods, raw materials, services and sundry goods | 60/61 | €116,595 | - | -€116,595 | |
| Remuneration, social security and pensions | 62 | €9,670 | €8,033 | -€1,636 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,083 | €1,345 | +€262 | +24.2% |
| Other operating charges | 640/8 | €1,311 | €1,348 | +€37 | +2.9% |
| Non-recurring operating charges | 66A | €53 | €63 | +€10 | +19.7% |
| Gross operating margin | 9900 | €31,737 | €107,773 | +€76,036 | +240% |
| Operating profit (loss) | 9901 | €19,621 | €96,983 | +€77,362 | +394% |
| Financial income | 75/76B | €2 | €0 | -€2 | -90.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -90.0% |
| Financial charges | 65/66B | €144 | €113 | -€31 | -21.8% |
| Recurring financial charges | 65 | €144 | €113 | -€31 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €19,479 | €96,871 | +€77,392 | +397% |
| Income taxes | 67/77 | €4,978 | €20,369 | +€15,390 | +309% |
| Profit (loss) for the period | 9904 | €14,500 | €76,502 | +€62,002 | +428% |
| Profit (loss) for the period to be appropriated | 9905 | €14,500 | €76,502 | +€62,002 | +428% |
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 24 October 2026 via checked.be.