Kwikaard: 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.
Kwikaard
Largest movements
- Cash +€12,628
up €12,628 (+3010.8%), from €419 to €13,047
mainly Other debts (+€7,455) and Depreciation (+€5,514)
- Tangible fixed assets -€5,514
down €5,514 (-46.3%), from €11,901 to €6,387
of which Furniture and vehicles: -€5,129
- Deferred charges and accrued income +€1,261
up €1,261 (+40.3%), from €3,131 to €4,392
- Receivables within one year -€499
down €499 (-4.6%), from €10,844 to €10,345
of which Trade receivables: -€332
- Other debts +€7,455
up €7,455 (+107.8%), from €6,917 to €14,371
- Current portion of long-term debt -€631
down €631 (-100.0%), from €631 to €0
- Reserves +€371
up €371 (+52.4%), from €708 to €1,078
- Trade debts +€366
up €366 (+3.4%), from €10,893 to €11,259
- Depreciation -€2,028
down €2,028 (-26.9%), from €7,542 to €5,514
- Gross operating margin -€1,621
down €1,621 (-17.7%), from €9,150 to €7,529
- Other operating charges +€728
up €728 (+117.2%), from €621 to €1,350
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 | €26,296 | €34,171 | +€7,875 | +29.9% |
| Fixed assets | 21/28 | €11,901 | €6,387 | -€5,514 | -46.3% |
| Tangible fixed assets | 22/27 | €11,901 | €6,387 | -€5,514 | -46.3% |
| Plant, machinery and equipment | 23 | €385 | €0 | -€385 | -100.0% |
| Furniture and vehicles | 24 | €11,516 | €6,387 | -€5,129 | -44.5% |
| Current assets | 29/58 | €14,394 | €27,784 | +€13,390 | +93.0% |
| Amounts receivable within one year | 40/41 | €10,844 | €10,345 | -€499 | -4.6% |
| Trade receivables | 40 | €6,052 | €5,720 | -€332 | -5.5% |
| Other amounts receivable | 41 | €4,792 | €4,625 | -€167 | -3.5% |
| Cash at bank and in hand | 54/58 | €419 | €13,047 | +€12,628 | +3010.8% |
| Deferred charges and accrued income | 490/1 | €3,131 | €4,392 | +€1,261 | +40.3% |
| Total equity and liabilities | 10/49 | €26,296 | €34,171 | +€7,875 | +29.9% |
| Equity | 10/15 | €2,708 | €3,078 | +€371 | +13.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €708 | €1,078 | +€371 | +52.4% |
| Distributable reserves | 133 | €708 | €1,078 | +€371 | +52.4% |
| Amounts payable | 17/49 | €23,588 | €31,093 | +€7,505 | +31.8% |
| Amounts payable within one year | 42/48 | €23,588 | €31,093 | +€7,505 | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €631 | €0 | -€631 | -100.0% |
| Trade debts | 44 | €10,893 | €11,259 | +€366 | +3.4% |
| Suppliers | 440/4 | €10,893 | €11,259 | +€366 | +3.4% |
| Advances received on contracts in progress | 46 | €934 | €934 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,213 | €4,529 | +€316 | +7.5% |
| Remuneration and social security | 454/9 | €4,213 | €4,529 | +€316 | +7.5% |
| Other amounts payable | 47/48 | €6,917 | €14,371 | +€7,455 | +107.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,542 | €5,514 | -€2,028 | -26.9% |
| Other operating charges | 640/8 | €621 | €1,350 | +€728 | +117.2% |
| Gross operating margin | 9900 | €9,150 | €7,529 | -€1,621 | -17.7% |
| Operating profit (loss) | 9901 | €986 | €665 | -€322 | -32.6% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €159 | €182 | +€23 | +14.3% |
| Recurring financial charges | 65 | €159 | €182 | +€23 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €827 | €543 | -€285 | -34.4% |
| Income taxes | 67/77 | €128 | €172 | +€44 | +34.4% |
| Profit (loss) for the period | 9904 | €699 | €371 | -€329 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €699 | €371 | -€329 | -47.0% |
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 11 October 2026 via checked.be.