KWAAD BLOED: what changed
KWAAD BLOED
Largest movements
- Cash -€41,027
down €41,027 (-55.9%), from €73,385 to €32,358
mainly Accrued charges and deferred income (-€30,792) and Net result for the year (-€12,128)
- Deferred charges and accrued income -€1,140
down €1,140 (-88.3%), from €1,290 to €150
- Accrued charges and deferred income -€30,792
down €30,792 (-99.4%), from €30,992 to €200
- Profit (loss) carried forward -€12,128
down €12,128 (-23.5%), from €51,522 to €39,395
- Tax, wage and social debts +€1,760
up €1,760 (+186%), from €947 to €2,707
of which Remuneration and social security: +€1,169
- Trade debts -€988
down €988 (-79.5%), from €1,243 to €255
- Gross operating margin -€16,370
down €16,370 (-26.8%), from €60,985 to €44,616
- Turnover +€16,093
up €16,093 (+14.2%), from €112,958 to €129,051
- Purchases and services +€9,628
up €9,628 (+8.1%), from €119,507 to €129,135
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,705 | €42,557 | -€42,148 | -49.8% |
| Fixed assets | 21/28 | €336 | - | -€336 | |
| Tangible fixed assets | 22/27 | €336 | - | -€336 | |
| Plant, machinery and equipment | 23 | €336 | - | -€336 | |
| Current assets | 29/58 | €84,369 | €42,557 | -€41,812 | -49.6% |
| Amounts receivable within one year | 40/41 | €9,695 | €10,049 | +€354 | +3.7% |
| Trade receivables | 40 | €2,385 | €4,253 | +€1,868 | +78.3% |
| Other amounts receivable | 41 | €7,310 | €5,796 | -€1,514 | -20.7% |
| Cash at bank and in hand | 54/58 | €73,385 | €32,358 | -€41,027 | -55.9% |
| Deferred charges and accrued income | 490/1 | €1,290 | €150 | -€1,140 | -88.3% |
| Total equity and liabilities | 10/49 | €84,705 | €42,557 | -€42,148 | -49.8% |
| Equity | 10/15 | €51,522 | €39,395 | -€12,128 | -23.5% |
| Profit (loss) carried forward | 14 | €51,522 | €39,395 | -€12,128 | -23.5% |
| Amounts payable | 17/49 | €33,183 | €3,162 | -€30,021 | -90.5% |
| Amounts payable within one year | 42/48 | €2,191 | €2,962 | +€771 | +35.2% |
| Trade debts | 44 | €1,243 | €255 | -€988 | -79.5% |
| Suppliers | 440/4 | €1,243 | €255 | -€988 | -79.5% |
| Taxes, remuneration and social security | 45 | €947 | €2,707 | +€1,760 | +186% |
| Taxes | 450/3 | €90 | €680 | +€591 | +659% |
| Remuneration and social security | 454/9 | €858 | €2,027 | +€1,169 | +136% |
| Accrued charges and deferred income | 492/3 | €30,992 | €200 | -€30,792 | -99.4% |
| Turnover | 70 | €112,958 | €129,051 | +€16,093 | +14.2% |
| Membership fees, donations, legacies and grants | 73 | €56,381 | €43,674 | -€12,706 | -22.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €119,507 | €129,135 | +€9,628 | +8.1% |
| Remuneration, social security and pensions | 62 | €55,952 | €55,994 | +€42 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €336 | -€242 | -41.9% |
| Other operating charges | 640/8 | €183 | €125 | -€58 | -31.7% |
| Gross operating margin | 9900 | €60,985 | €44,616 | -€16,370 | -26.8% |
| Operating profit (loss) | 9901 | €4,272 | -€11,839 | -€16,111 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €256 | €288 | +€32 | +12.5% |
| Recurring financial charges | 65 | €256 | €288 | +€32 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €4,016 | -€12,128 | -€16,143 | |
| Profit (loss) for the period | 9904 | €4,016 | -€12,128 | -€16,143 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,016 | -€12,128 | -€16,143 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.