KUL DEUTA: 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.
KUL DEUTA
Largest movements
- Tangible fixed assets -€4,361
down €4,361 (-21.2%), from €20,606 to €16,245
of which Plant, machinery and equipment: -€2,452
- Cash +€2,260
up €2,260 (+11.3%), from €19,988 to €22,248
mainly Depreciation (+€4,361) and Trade debts (+€3,126)
- Profit (loss) carried forward -€5,078
down €5,078 (-12.5%), from -€40,736 to -€45,814
- Trade debts +€3,126
up €3,126 (+146.0%), from €2,141 to €5,268
- Turnover +€7,588
up €7,588 (+3.1%), from €245,029 to €252,617
- Depreciation -€5,419
down €5,419 (-55.4%), from €9,780 to €4,361
- Purchases and services +€5,357
up €5,357 (+3.5%), from €152,385 to €157,742
- Staff costs +€4,949
up €4,949 (+5.6%), from €89,079 to €94,028
- Gross operating margin -€2,923
down €2,923 (-2.9%), from €101,948 to €99,025
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 | €41,677 | €39,726 | -€1,951 | -4.7% |
| Fixed assets | 21/28 | €20,777 | €16,416 | -€4,361 | -21.0% |
| Tangible fixed assets | 22/27 | €20,606 | €16,245 | -€4,361 | -21.2% |
| Plant, machinery and equipment | 23 | €14,717 | €12,265 | -€2,452 | -16.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €5,889 | €3,980 | -€1,909 | -32.4% |
| Financial fixed assets | 28 | €171 | €171 | = | 0.0% |
| Current assets | 29/58 | €20,901 | €23,310 | +€2,410 | +11.5% |
| Amounts receivable within one year | 40/41 | €0 | €123 | +€123 | |
| Trade receivables | 40 | - | €123 | +€123 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €19,988 | €22,248 | +€2,260 | +11.3% |
| Deferred charges and accrued income | 490/1 | €913 | €939 | +€26 | +2.8% |
| Total equity and liabilities | 10/49 | €41,677 | €39,726 | -€1,951 | -4.7% |
| Equity | 10/15 | €18,437 | €13,359 | -€5,078 | -27.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,972 | €52,972 | = | 0.0% |
| Distributable reserves | 133 | €52,972 | €52,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,736 | -€45,814 | -€5,078 | -12.5% |
| Amounts payable | 17/49 | €23,241 | €26,367 | +€3,126 | +13.5% |
| Amounts payable within one year | 42/48 | €22,471 | €25,487 | +€3,016 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,141 | €5,268 | +€3,126 | +146.0% |
| Suppliers | 440/4 | €2,141 | €5,268 | +€3,126 | +146.0% |
| Taxes, remuneration and social security | 45 | €16,439 | €16,497 | +€58 | +0.4% |
| Taxes | 450/3 | €2,760 | €3,181 | +€421 | +15.3% |
| Remuneration and social security | 454/9 | €13,679 | €13,316 | -€363 | -2.7% |
| Other amounts payable | 47/48 | €3,891 | €3,723 | -€168 | -4.3% |
| Accrued charges and deferred income | 492/3 | €770 | €880 | +€110 | +14.3% |
| Turnover | 70 | €245,029 | €252,617 | +€7,588 | +3.1% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €152,385 | €157,742 | +€5,357 | +3.5% |
| Remuneration, social security and pensions | 62 | €89,079 | €94,028 | +€4,949 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,780 | €4,361 | -€5,419 | -55.4% |
| Other operating charges | 640/8 | €1,751 | €1,657 | -€94 | -5.4% |
| Gross operating margin | 9900 | €101,948 | €99,025 | -€2,923 | -2.9% |
| Operating profit (loss) | 9901 | €1,339 | -€1,020 | -€2,359 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €3,464 | €3,813 | +€349 | +10.1% |
| Recurring financial charges | 65 | €3,464 | €3,813 | +€349 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,124 | -€4,834 | -€2,710 | -127.6% |
| Income taxes | 67/77 | €255 | €244 | -€11 | -4.3% |
| Profit (loss) for the period | 9904 | -€2,379 | -€5,078 | -€2,699 | -113.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,379 | -€5,078 | -€2,699 | -113.5% |
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 8 October 2026 via checked.be.