KSIDE: 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.
KSIDE
Largest movements
- Receivables within one year +€12,628
up €12,628 (+54.7%), from €23,084 to €35,712
of which Trade receivables: +€8,158
- Cash +€8,657
up €8,657 (+56.7%), from €15,273 to €23,930
mainly Net result for the year (+€9,936) and Depreciation (+€9,183)
- Tangible fixed assets -€8,563
down €8,563 (-29.8%), from €28,760 to €20,197
of which Furniture and vehicles: -€4,436
- Profit (loss) carried forward +€9,936
up €9,936 (+71.0%), from €13,987 to €23,923
- Trade debts +€2,157
up €2,157 (+65.4%), from €3,296 to €5,453
- Gross operating margin +€12,685
up €12,685 (+172.3%), from €7,362 to €20,046
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 | €67,939 | €80,041 | +€12,102 | +17.8% |
| Fixed assets | 21/28 | €29,423 | €20,240 | -€9,183 | -31.2% |
| Intangible fixed assets | 21 | €663 | €43 | -€620 | -93.5% |
| Tangible fixed assets | 22/27 | €28,760 | €20,197 | -€8,563 | -29.8% |
| Furniture and vehicles | 24 | €7,949 | €3,513 | -€4,436 | -55.8% |
| Other tangible fixed assets | 26 | €20,811 | €16,684 | -€4,127 | -19.8% |
| Current assets | 29/58 | €38,516 | €59,801 | +€21,285 | +55.3% |
| Amounts receivable within one year | 40/41 | €23,084 | €35,712 | +€12,628 | +54.7% |
| Trade receivables | 40 | €20,520 | €28,677 | +€8,158 | +39.8% |
| Other amounts receivable | 41 | €2,564 | €7,035 | +€4,471 | +174.3% |
| Cash at bank and in hand | 54/58 | €15,273 | €23,930 | +€8,657 | +56.7% |
| Deferred charges and accrued income | 490/1 | €159 | €159 | = | 0.0% |
| Total equity and liabilities | 10/49 | €67,939 | €80,041 | +€12,102 | +17.8% |
| Equity | 10/15 | €16,487 | €26,423 | +€9,936 | +60.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,987 | €23,923 | +€9,936 | +71.0% |
| Amounts payable | 17/49 | €51,452 | €53,617 | +€2,166 | +4.2% |
| Amounts payable within one year | 42/48 | €51,452 | €53,617 | +€2,166 | +4.2% |
| Trade debts | 44 | €3,296 | €5,453 | +€2,157 | +65.4% |
| Suppliers | 440/4 | €3,296 | €5,453 | +€2,157 | +65.4% |
| Taxes, remuneration and social security | 45 | €2,461 | €2,461 | = | 0.0% |
| Taxes | 450/3 | €2,461 | €2,461 | = | 0.0% |
| Other amounts payable | 47/48 | €45,694 | €45,703 | +€8 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,183 | €9,183 | = | 0.0% |
| Other operating charges | 640/8 | €892 | €864 | -€29 | -3.2% |
| Gross operating margin | 9900 | €7,362 | €20,046 | +€12,685 | +172.3% |
| Operating profit (loss) | 9901 | -€2,714 | €9,999 | +€12,713 | |
| Financial charges | 65/66B | €62 | €63 | +€2 | +2.4% |
| Recurring financial charges | 65 | €62 | €63 | +€2 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,775 | €9,936 | +€12,712 | |
| Profit (loss) for the period | 9904 | -€2,775 | €9,936 | +€12,712 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,775 | €9,936 | +€12,712 |
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 7 October 2026 via checked.be.