KUZCIE: 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.
KUZCIE
Largest movements
- Receivables within one year -€11,110
down €11,110 (-46.6%), from €23,843 to €12,733
of which Trade receivables: -€16,827
- Cash -€8,467
down €8,467 (-66.4%), from €12,758 to €4,291
mainly Net result for the year (-€13,209) and Tax, wage and social debts (-€4,509)
- Tangible fixed assets +€1,859
up €1,859 (+150%), from €1,243 to €3,102
of which Furniture and vehicles: +€2,305
- Profit (loss) carried forward -€13,209
down €13,209 (-46.4%), from €28,436 to €15,228
- Tax, wage and social debts -€4,509
down €4,509 (-65.3%), from €6,908 to €2,399
of which Remuneration and social security: -€6,908
- Gross operating margin -€24,252
down €24,252, from €12,991 to -€11,261
- Taxes -€2,820
down €2,820 (-94.8%), from €2,976 to €156
- Depreciation +€489
up €489 (+110%), from €447 to €936
- Other operating charges +€340
up €340 (+77.5%), from €438 to €778
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 | €37,844 | €20,127 | -€17,717 | -46.8% |
| Fixed assets | 21/28 | €1,243 | €3,102 | +€1,859 | +150% |
| Tangible fixed assets | 22/27 | €1,243 | €3,102 | +€1,859 | +150% |
| Plant, machinery and equipment | 23 | €1,243 | €797 | -€446 | -35.8% |
| Furniture and vehicles | 24 | - | €2,305 | +€2,305 | |
| Current assets | 29/58 | €36,601 | €17,024 | -€19,576 | -53.5% |
| Amounts receivable within one year | 40/41 | €23,843 | €12,733 | -€11,110 | -46.6% |
| Trade receivables | 40 | €23,058 | €6,231 | -€16,827 | -73.0% |
| Other amounts receivable | 41 | €784 | €6,502 | +€5,717 | +729% |
| Cash at bank and in hand | 54/58 | €12,758 | €4,291 | -€8,467 | -66.4% |
| Total equity and liabilities | 10/49 | €37,844 | €20,127 | -€17,717 | -46.8% |
| Equity | 10/15 | €30,936 | €17,728 | -€13,209 | -42.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,436 | €15,228 | -€13,209 | -46.4% |
| Amounts payable | 17/49 | €6,908 | €2,399 | -€4,509 | -65.3% |
| Amounts payable within one year | 42/48 | €6,908 | €2,399 | -€4,509 | -65.3% |
| Taxes, remuneration and social security | 45 | €6,908 | €2,399 | -€4,509 | -65.3% |
| Taxes | 450/3 | - | €2,399 | +€2,399 | |
| Remuneration and social security | 454/9 | €6,908 | - | -€6,908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €447 | €936 | +€489 | +110% |
| Other operating charges | 640/8 | €438 | €778 | +€340 | +77.5% |
| Gross operating margin | 9900 | €12,991 | -€11,261 | -€24,252 | |
| Operating profit (loss) | 9901 | €12,106 | -€12,974 | -€25,081 | |
| Financial charges | 65/66B | €75 | €78 | +€3 | +4.3% |
| Recurring financial charges | 65 | €75 | €78 | +€3 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €12,031 | -€13,053 | -€25,084 | |
| Income taxes | 67/77 | €2,976 | €156 | -€2,820 | -94.8% |
| Profit (loss) for the period | 9904 | €9,055 | -€13,209 | -€22,264 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,055 | -€13,209 | -€22,264 |
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 27 October 2026 via checked.be.