Kold it: 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.
Kold it
Largest movements
- Tangible fixed assets -€5,566
down €5,566 (-21.3%), from €26,074 to €20,508
of which Furniture and vehicles: -€4,621
- Receivables within one year -€3,800
down €3,800 (-25.6%), from €14,815 to €11,015
of which Trade receivables: -€5,737
- Cash -€2,185
no longer reported in 2025 (was €2,185)
mainly Net result for the year (-€18,763) and Trade debts (-€5,589)
- Intangible fixed assets -€1,600
down €1,600 (-19.7%), from €8,136 to €6,536
- Stocks and contracts -€1,175
no longer reported in 2025 (was €1,175)
- Profit (loss) carried forward -€12,016
new in 2025: -€12,016
- Other debts +€10,291
up €10,291 (+65.1%), from €15,812 to €26,103
- Reserves -€6,748
down €6,748 (-31.2%), from €21,648 to €14,900
- Trade debts -€5,589
down €5,589 (-82.5%), from €6,776 to €1,187
- Short-term financial debts +€4,827
new in 2025: €4,827
- Gross operating margin -€34,570
down €34,570, from €23,936 to -€10,633
- Taxes -€1,937
down €1,937 (-100.0%), from €1,937 to €0
- Depreciation +€1,836
up €1,836 (+34.4%), from €5,330 to €7,166
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 | €54,000 | €39,850 | -€14,151 | -26.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €34,210 | €27,044 | -€7,166 | -20.9% |
| Intangible fixed assets | 21 | €8,136 | €6,536 | -€1,600 | -19.7% |
| Tangible fixed assets | 22/27 | €26,074 | €20,508 | -€5,566 | -21.3% |
| Plant, machinery and equipment | 23 | €5,753 | €4,808 | -€945 | -16.4% |
| Furniture and vehicles | 24 | €20,321 | €15,700 | -€4,621 | -22.7% |
| Current assets | 29/58 | €19,790 | €12,806 | -€6,985 | -35.3% |
| Stocks and contracts in progress | 3 | €1,175 | - | -€1,175 | |
| Stocks | 30/36 | €1,175 | - | -€1,175 | |
| Amounts receivable within one year | 40/41 | €14,815 | €11,015 | -€3,800 | -25.6% |
| Trade receivables | 40 | €13,752 | €8,015 | -€5,737 | -41.7% |
| Other amounts receivable | 41 | €1,063 | €3,000 | +€1,937 | +182.2% |
| Cash at bank and in hand | 54/58 | €2,185 | - | -€2,185 | |
| Deferred charges and accrued income | 490/1 | €1,615 | €1,791 | +€175 | +10.9% |
| Total equity and liabilities | 10/49 | €54,000 | €39,850 | -€14,151 | -26.2% |
| Equity | 10/15 | €23,648 | €4,884 | -€18,763 | -79.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €21,648 | €14,900 | -€6,748 | -31.2% |
| Distributable reserves | 133 | €21,648 | €14,900 | -€6,748 | -31.2% |
| Profit (loss) carried forward | 14 | - | -€12,016 | -€12,016 | |
| Amounts payable | 17/49 | €30,353 | €34,965 | +€4,613 | +15.2% |
| Amounts payable after more than one year | 17 | €157 | - | -€157 | |
| Financial debts | 170/4 | €157 | - | -€157 | |
| Amounts payable within one year | 42/48 | €30,196 | €34,965 | +€4,769 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €5,001 | €1,157 | -€3,844 | -76.9% |
| Financial debts | 43 | - | €4,827 | +€4,827 | |
| Credit institutions | 430/8 | - | €4,827 | +€4,827 | |
| Trade debts | 44 | €6,776 | €1,187 | -€5,589 | -82.5% |
| Suppliers | 440/4 | €6,776 | €1,187 | -€5,589 | -82.5% |
| Taxes, remuneration and social security | 45 | €2,607 | €1,691 | -€916 | -35.1% |
| Taxes | 450/3 | €2,607 | €1,691 | -€916 | -35.1% |
| Other amounts payable | 47/48 | €15,812 | €26,103 | +€10,291 | +65.1% |
| Non-recurring operating income | 76A | €29,752 | - | -€29,752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,330 | €7,166 | +€1,836 | +34.4% |
| Other operating charges | 640/8 | €635 | €641 | +€7 | +1.0% |
| Gross operating margin | 9900 | €23,936 | -€10,633 | -€34,570 | |
| Operating profit (loss) | 9901 | €17,971 | -€18,441 | -€36,412 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -95.8% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -95.8% |
| Financial charges | 65/66B | €454 | €323 | -€131 | -28.9% |
| Recurring financial charges | 65 | €454 | €323 | -€131 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €17,521 | -€18,763 | -€36,284 | |
| Income taxes | 67/77 | €1,937 | €0 | -€1,937 | -100.0% |
| Profit (loss) for the period | 9904 | €15,584 | -€18,763 | -€34,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,584 | -€18,763 | -€34,347 |
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 5 October 2026 via checked.be.