KKIF: 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.
KKIF
Largest movements
- Tangible fixed assets -€21,180
down €21,180 (-15.4%), from €137,462 to €116,281
of which Land and buildings: -€18,303
- Receivables within one year +€11,293
up €11,293 (+185.0%), from €6,106 to €17,399
of which Other amounts receivable: +€16,060
- Cash -€3,632
down €3,632 (-64.9%), from €5,598 to €1,966
mainly Receivables within one year (-€11,293) and Other debts (-€8,439)
- Deferred charges and accrued income +€1,663
up €1,663, from €0 to €1,663
- Other debts -€8,439
down €8,439 (-22.5%), from €37,477 to €29,038
- Debts after one year -€6,759
down €6,759 (-10.8%), from €62,741 to €55,981
- Reserves +€6,431
up €6,431 (+46.6%), from €13,786 to €20,217
of which Distributable reserves: +€6,431
- Accrued charges and deferred income -€3,854
down €3,854 (-100.0%), from €3,854 to €0
- Gross operating margin +€22,745
up €22,745 (+224.8%), from €10,117 to €32,862
- Depreciation +€2,449
up €2,449 (+13.1%), from €18,731 to €21,180
- Other operating charges -€1,320
down €1,320 (-34.9%), from €3,785 to €2,465
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 | €149,166 | €137,310 | -€11,856 | -7.9% |
| Fixed assets | 21/28 | €137,462 | €116,281 | -€21,180 | -15.4% |
| Tangible fixed assets | 22/27 | €137,462 | €116,281 | -€21,180 | -15.4% |
| Land and buildings | 22 | €126,607 | €108,303 | -€18,303 | -14.5% |
| Plant, machinery and equipment | 23 | €10,855 | €7,978 | -€2,877 | -26.5% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €11,704 | €21,029 | +€9,325 | +79.7% |
| Amounts receivable within one year | 40/41 | €6,106 | €17,399 | +€11,293 | +185.0% |
| Trade receivables | 40 | €4,767 | €0 | -€4,767 | -100.0% |
| Other amounts receivable | 41 | €1,339 | €17,399 | +€16,060 | +1199.2% |
| Cash at bank and in hand | 54/58 | €5,598 | €1,966 | -€3,632 | -64.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,663 | +€1,663 | |
| Total equity and liabilities | 10/49 | €149,166 | €137,310 | -€11,856 | -7.9% |
| Equity | 10/15 | €38,586 | €45,017 | +€6,431 | +16.7% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €13,786 | €20,217 | +€6,431 | +46.6% |
| Non-distributable reserves | 130/1 | €2,480 | €2,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,480 | €2,480 | = | 0.0% |
| Distributable reserves | 133 | €11,306 | €17,737 | +€6,431 | +56.9% |
| Amounts payable | 17/49 | €110,579 | €92,293 | -€18,286 | -16.5% |
| Amounts payable after more than one year | 17 | €62,741 | €55,981 | -€6,759 | -10.8% |
| Financial debts | 170/4 | €62,741 | €55,981 | -€6,759 | -10.8% |
| Amounts payable within one year | 42/48 | €43,985 | €36,311 | -€7,673 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €6,507 | €6,759 | +€252 | +3.9% |
| Trade debts | 44 | €0 | €514 | +€514 | |
| Suppliers | 440/4 | €0 | €514 | +€514 | |
| Other amounts payable | 47/48 | €37,477 | €29,038 | -€8,439 | -22.5% |
| Accrued charges and deferred income | 492/3 | €3,854 | €0 | -€3,854 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,731 | €21,180 | +€2,449 | +13.1% |
| Other operating charges | 640/8 | €3,785 | €2,465 | -€1,320 | -34.9% |
| Gross operating margin | 9900 | €10,117 | €32,862 | +€22,745 | +224.8% |
| Operating profit (loss) | 9901 | -€12,400 | €9,216 | +€21,616 | |
| Financial charges | 65/66B | €3,054 | €2,785 | -€269 | -8.8% |
| Recurring financial charges | 65 | €3,054 | €2,785 | -€269 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,454 | €6,431 | +€21,885 | |
| Profit (loss) for the period | 9904 | -€15,454 | €6,431 | +€21,885 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,454 | €6,431 | +€21,885 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.