KWADIBO: 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.
KWADIBO
Largest movements
- Tangible fixed assets -€5,075
down €5,075 (-28.1%), from €18,054 to €12,980
- Receivables within one year +€3,242
up €3,242 (+42.1%), from €7,701 to €10,943
of which Other amounts receivable: +€2,812
- Deferred charges and accrued income +€329
up €329 (+47.4%), from €694 to €1,023
- Profit (loss) carried forward +€12,528
up €12,528 (+74.1%), from -€16,909 to -€4,381
- Other debts -€10,840
no longer reported in 2025 (was €10,840)
- Debts after one year -€5,163
no longer reported in 2025 (was €5,163)
- Trade debts +€2,615
up €2,615 (+112.2%), from €2,330 to €4,945
- Current portion of long-term debt -€1,462
down €1,462 (-22.1%), from €6,625 to €5,163
- Gross operating margin +€22,212
up €22,212, from -€2,036 to €20,176
- Financial charges -€569
down €569 (-55.9%), from €1,017 to €448
- Depreciation -€356
down €356 (-6.5%), from €5,431 to €5,075
- Other operating charges -€340
down €340 (-14.7%), from €2,319 to €1,979
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 | €31,497 | €29,876 | -€1,621 | -5.1% |
| Fixed assets | 21/28 | €18,054 | €12,980 | -€5,075 | -28.1% |
| Tangible fixed assets | 22/27 | €18,054 | €12,980 | -€5,075 | -28.1% |
| Furniture and vehicles | 24 | €18,054 | €12,980 | -€5,075 | -28.1% |
| Current assets | 29/58 | €13,442 | €16,896 | +€3,454 | +25.7% |
| Amounts receivable within one year | 40/41 | €7,701 | €10,943 | +€3,242 | +42.1% |
| Trade receivables | 40 | €7,701 | €8,131 | +€430 | +5.6% |
| Other amounts receivable | 41 | - | €2,812 | +€2,812 | |
| Cash at bank and in hand | 54/58 | €5,047 | €4,930 | -€117 | -2.3% |
| Deferred charges and accrued income | 490/1 | €694 | €1,023 | +€329 | +47.4% |
| Total equity and liabilities | 10/49 | €31,497 | €29,876 | -€1,621 | -5.1% |
| Equity | 10/15 | €3,091 | €15,619 | +€12,528 | +405.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,909 | -€4,381 | +€12,528 | +74.1% |
| Amounts payable | 17/49 | €28,406 | €14,256 | -€14,150 | -49.8% |
| Amounts payable after more than one year | 17 | €5,163 | - | -€5,163 | |
| Financial debts | 170/4 | €5,163 | - | -€5,163 | |
| Amounts payable within one year | 42/48 | €23,242 | €13,556 | -€9,686 | -41.7% |
| Current portion of amounts payable after more than one year | 42 | €6,625 | €5,163 | -€1,462 | -22.1% |
| Trade debts | 44 | €2,330 | €4,945 | +€2,615 | +112.2% |
| Suppliers | 440/4 | €2,330 | €4,945 | +€2,615 | +112.2% |
| Taxes, remuneration and social security | 45 | €3,448 | €3,448 | = | 0.0% |
| Taxes | 450/3 | €3,448 | €3,448 | = | 0.0% |
| Other amounts payable | 47/48 | €10,840 | - | -€10,840 | |
| Accrued charges and deferred income | 492/3 | - | €700 | +€700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,431 | €5,075 | -€356 | -6.5% |
| Other operating charges | 640/8 | €2,319 | €1,979 | -€340 | -14.7% |
| Non-recurring operating charges | 66A | €9,857 | - | -€9,857 | |
| Gross operating margin | 9900 | -€2,036 | €20,176 | +€22,212 | |
| Operating profit (loss) | 9901 | -€19,642 | €13,123 | +€32,765 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,017 | €448 | -€569 | -55.9% |
| Recurring financial charges | 65 | €1,017 | €448 | -€569 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,659 | €12,674 | +€33,333 | |
| Income taxes | 67/77 | €128 | €146 | +€18 | +13.7% |
| Profit (loss) for the period | 9904 | -€20,787 | €12,528 | +€33,316 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,787 | €12,528 | +€33,316 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.