KU Dé TA: 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.
KU Dé TA
Largest movements
- Cash +€224,579
up €224,579 (+516%), from €43,486 to €268,065
mainly Net result for the year (+€2.4m) and Tax, wage and social debts (+€214,932)
- Receivables within one year -€127,008
down €127,008 (-74.1%), from €171,315 to €44,307
of which Trade receivables: -€119,474
- Other debts -€2.6m
no longer reported in 2025 (was €2.6m)
- Reserves +€2.4m
up €2.4m (+915%), from €267,824 to €2.7m
of which Distributable reserves: +€2.5m
- Tax, wage and social debts +€214,932
up €214,932 (+665%), from €32,345 to €247,277
of which Taxes: +€229,906
- Financial income +€2.6m
up €2.6m (+57,652%), from €4,495 to €2.6m
- Taxes +€240,973
up €240,973 (+642%), from €37,513 to €278,485
- Financial charges -€12,969
down €12,969 (-87.8%), from €14,771 to €1,802
- Purchases and services -€12,419
down €12,419 (-9.8%), from €127,323 to €114,904
- Gross operating margin +€11,171
up €11,171 (+8.7%), from €128,930 to €140,100
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 | €4,946,644 | €5,060,306 | +€113,661 | +2.3% |
| Fixed assets | 21/28 | €4,731,132 | €4,746,760 | +€15,629 | +0.3% |
| Tangible fixed assets | 22/27 | €15,899 | €26,579 | +€10,680 | +67.2% |
| Land and buildings | 22 | €6,367 | €6,152 | -€216 | -3.4% |
| Plant, machinery and equipment | 23 | €2,922 | €15,184 | +€12,262 | +420% |
| Furniture and vehicles | 24 | €6,610 | €5,243 | -€1,367 | -20.7% |
| Financial fixed assets | 28 | €4,715,232 | €4,720,181 | +€4,949 | +0.1% |
| Current assets | 29/58 | €215,513 | €313,545 | +€98,033 | +45.5% |
| Amounts receivable within one year | 40/41 | €171,315 | €44,307 | -€127,008 | -74.1% |
| Trade receivables | 40 | €163,781 | €44,307 | -€119,474 | -72.9% |
| Other amounts receivable | 41 | €7,534 | - | -€7,534 | |
| Cash at bank and in hand | 54/58 | €43,486 | €268,065 | +€224,579 | +516% |
| Deferred charges and accrued income | 490/1 | €711 | €1,173 | +€462 | +64.9% |
| Total equity and liabilities | 10/49 | €4,946,644 | €5,060,306 | +€113,661 | +2.3% |
| Equity | 10/15 | €2,362,924 | €4,812,430 | +€2.4m | +104% |
| Contributions | 10/11 | €2,095,100 | €2,095,100 | = | 0.0% |
| Reserves | 13 | €267,824 | €2,717,330 | +€2.4m | +915% |
| Non-distributable reserves | 130/1 | €2,220 | - | -€2,220 | |
| Reserves not available under the articles | 1311 | €2,220 | - | -€2,220 | |
| Distributable reserves | 133 | €265,604 | €2,717,330 | +€2.5m | +923% |
| Amounts payable | 17/49 | €2,583,720 | €247,876 | -€2.3m | -90.4% |
| Amounts payable within one year | 42/48 | €2,583,720 | €247,876 | -€2.3m | -90.4% |
| Financial debts | 43 | €524 | €45 | -€479 | -91.4% |
| Credit institutions | 430/8 | €524 | €45 | -€479 | -91.4% |
| Trade debts | 44 | €129 | €554 | +€425 | +330% |
| Suppliers | 440/4 | €129 | €554 | +€425 | +330% |
| Taxes, remuneration and social security | 45 | €32,345 | €247,277 | +€214,932 | +665% |
| Taxes | 450/3 | €17,371 | €247,277 | +€229,906 | +1,324% |
| Remuneration and social security | 454/9 | €14,974 | - | -€14,974 | |
| Other amounts payable | 47/48 | €2,550,723 | - | -€2.6m | |
| Turnover | 70 | €253,350 | €252,000 | -€1,350 | -0.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €127,323 | €114,904 | -€12,419 | -9.8% |
| Remuneration, social security and pensions | 62 | - | €1,577 | +€1,577 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €524 | €3,166 | +€2,642 | +505% |
| Other operating charges | 640/8 | €1,693 | €1,405 | -€288 | -17.0% |
| Gross operating margin | 9900 | €128,930 | €140,100 | +€11,171 | +8.7% |
| Operating profit (loss) | 9901 | €126,713 | €133,953 | +€7,240 | +5.7% |
| Financial income | 75/76B | €4,495 | €2,595,840 | +€2.6m | +57,652% |
| Recurring financial income | 75 | €4,495 | €2,595,840 | +€2.6m | +57,652% |
| Financial charges | 65/66B | €14,771 | €1,802 | -€12,969 | -87.8% |
| Recurring financial charges | 65 | €14,771 | €1,802 | -€12,969 | -87.8% |
| Profit (loss) for the period before taxes | 9903 | €116,436 | €2,727,991 | +€2.6m | +2,243% |
| Income taxes | 67/77 | €37,513 | €278,485 | +€240,973 | +642% |
| Profit (loss) for the period | 9904 | €78,924 | €2,449,506 | +€2.4m | +3,004% |
| Profit (loss) for the period to be appropriated | 9905 | €78,924 | €2,449,506 | +€2.4m | +3,004% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.