Kuyken: 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.
Kuyken
Largest movements
- Tangible fixed assets +€288,304
up €288,304 (+904%), from €31,903 to €320,207
of which Land and buildings: +€292,101
- Current investments +€100,000
new in 2025: €100,000
- Other debts +€344,248
up €344,248 (+1,389%), from €24,783 to €369,031
- Reserves +€72,607
up €72,607 (+141%), from €51,585 to €124,192
- Current portion of long-term debt -€9,965
down €9,965 (-93.1%), from €10,709 to €744
- Trade debts -€9,674
down €9,674 (-96.2%), from €10,060 to €386
- Gross operating margin +€73,061
up €73,061 (+70.6%), from €103,422 to €176,483
- Other operating charges +€34,138
up €34,138 (+248%), from €13,776 to €47,914
- Staff costs +€14,218
up €14,218 (+132%), from €10,783 to €25,001
- Taxes +€5,519
up €5,519 (+40.4%), from €13,659 to €19,178
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 | €106,045 | €506,023 | +€399,978 | +377% |
| Fixed assets | 21/28 | €31,903 | €320,207 | +€288,304 | +904% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €31,903 | €320,207 | +€288,304 | +904% |
| Land and buildings | 22 | €2,000 | €294,101 | +€292,101 | +14,605% |
| Plant, machinery and equipment | 23 | €11,208 | €23,469 | +€12,261 | +109% |
| Furniture and vehicles | 24 | €0 | €2,636 | +€2,636 | |
| Leasing and similar rights | 25 | €18,695 | - | -€18,695 | |
| Current assets | 29/58 | €74,142 | €185,816 | +€111,674 | +151% |
| Stocks and contracts in progress | 3 | €3,557 | €6,841 | +€3,284 | +92.3% |
| Stocks | 30/36 | €3,557 | €6,841 | +€3,284 | +92.3% |
| Amounts receivable within one year | 40/41 | €1,995 | €5,370 | +€3,376 | +169% |
| Trade receivables | 40 | - | €1,284 | +€1,284 | |
| Other amounts receivable | 41 | €1,995 | €4,086 | +€2,092 | +105% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €68,547 | €72,096 | +€3,548 | +5.2% |
| Deferred charges and accrued income | 490/1 | €43 | €1,510 | +€1,467 | +3,395% |
| Total equity and liabilities | 10/49 | €106,045 | €506,023 | +€399,978 | +377% |
| Equity | 10/15 | €54,585 | €127,192 | +€72,607 | +133% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,585 | €124,192 | +€72,607 | +141% |
| Distributable reserves | 133 | €51,585 | €124,192 | +€72,607 | +141% |
| Amounts payable | 17/49 | €51,460 | €378,831 | +€327,371 | +636% |
| Amounts payable within one year | 42/48 | €51,460 | €376,668 | +€325,208 | +632% |
| Current portion of amounts payable after more than one year | 42 | €10,709 | €744 | -€9,965 | -93.1% |
| Trade debts | 44 | €10,060 | €386 | -€9,674 | -96.2% |
| Suppliers | 440/4 | €10,060 | €386 | -€9,674 | -96.2% |
| Advances received on contracts in progress | 46 | €43 | - | -€43 | |
| Taxes, remuneration and social security | 45 | €5,865 | €6,507 | +€642 | +10.9% |
| Taxes | 450/3 | €4,161 | €4,160 | -€1 | 0.0% |
| Remuneration and social security | 454/9 | €1,704 | €2,347 | +€643 | +37.7% |
| Other amounts payable | 47/48 | €24,783 | €369,031 | +€344,248 | +1,389% |
| Accrued charges and deferred income | 492/3 | - | €2,163 | +€2,163 | |
| Remuneration, social security and pensions | 62 | €10,783 | €25,001 | +€14,218 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,864 | €11,721 | -€1,142 | -8.9% |
| Other operating charges | 640/8 | €13,776 | €47,914 | +€34,138 | +248% |
| Gross operating margin | 9900 | €103,422 | €176,483 | +€73,061 | +70.6% |
| Operating profit (loss) | 9901 | €66,001 | €91,847 | +€25,846 | +39.2% |
| Financial income | 75/76B | €168 | €16 | -€152 | -90.6% |
| Recurring financial income | 75 | €168 | €16 | -€152 | -90.6% |
| Financial charges | 65/66B | €925 | €78 | -€847 | -91.6% |
| Recurring financial charges | 65 | €925 | €78 | -€847 | -91.6% |
| Profit (loss) for the period before taxes | 9903 | €65,243 | €91,785 | +€26,542 | +40.7% |
| Income taxes | 67/77 | €13,659 | €19,178 | +€5,519 | +40.4% |
| Profit (loss) for the period | 9904 | €51,585 | €72,607 | +€21,022 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,585 | €72,607 | +€21,022 | +40.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.