Kwis: 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.
Kwis
Largest movements
- Receivables within one year -€27,809
down €27,809 (-74.2%), from €37,468 to €9,660
of which Trade receivables: -€28,726
- Deferred charges and accrued income +€26,843
up €26,843 (+291.9%), from €9,195 to €36,038
- Tangible fixed assets +€1,906
up €1,906 (+17.0%), from €11,204 to €13,110
of which Plant, machinery and equipment: +€1,906
- Profit (loss) carried forward +€3,773
up €3,773 (+4.2%), from €89,975 to €93,748
- Trade debts -€3,524
down €3,524 (-85.5%), from €4,120 to €596
- Gross operating margin -€41,443
down €41,443 (-88.6%), from €46,765 to €5,322
- Other operating charges +€1,365
up €1,365 (+742.7%), from €184 to €1,549
- Depreciation -€779
no longer reported in 2025 (was €779)
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 | €96,595 | €96,844 | +€249 | +0.3% |
| Fixed assets | 21/28 | €11,204 | €13,110 | +€1,906 | +17.0% |
| Tangible fixed assets | 22/27 | €11,204 | €13,110 | +€1,906 | +17.0% |
| Plant, machinery and equipment | 23 | - | €1,906 | +€1,906 | |
| Furniture and vehicles | 24 | €11,204 | €11,204 | = | 0.0% |
| Current assets | 29/58 | €85,391 | €83,733 | -€1,657 | -1.9% |
| Amounts receivable within one year | 40/41 | €37,468 | €9,660 | -€27,809 | -74.2% |
| Trade receivables | 40 | €36,784 | €8,058 | -€28,726 | -78.1% |
| Other amounts receivable | 41 | €685 | €1,602 | +€917 | +134.0% |
| Cash at bank and in hand | 54/58 | €38,728 | €38,035 | -€692 | -1.8% |
| Deferred charges and accrued income | 490/1 | €9,195 | €36,038 | +€26,843 | +291.9% |
| Total equity and liabilities | 10/49 | €96,595 | €96,844 | +€249 | +0.3% |
| Equity | 10/15 | €92,475 | €96,248 | +€3,773 | +4.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,975 | €93,748 | +€3,773 | +4.2% |
| Amounts payable | 17/49 | €4,120 | €596 | -€3,524 | -85.5% |
| Amounts payable within one year | 42/48 | €4,120 | €596 | -€3,524 | -85.5% |
| Trade debts | 44 | €4,120 | €596 | -€3,524 | -85.5% |
| Suppliers | 440/4 | €4,120 | €596 | -€3,524 | -85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €779 | - | -€779 | |
| Other operating charges | 640/8 | €184 | €1,549 | +€1,365 | +742.7% |
| Gross operating margin | 9900 | €46,765 | €5,322 | -€41,443 | -88.6% |
| Operating profit (loss) | 9901 | €45,802 | €3,773 | -€42,029 | -91.8% |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €45,801 | €3,773 | -€42,028 | -91.8% |
| Profit (loss) for the period | 9904 | €45,801 | €3,773 | -€42,028 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,801 | €3,773 | -€42,028 | -91.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.