KYD: 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.
KYD
Largest movements
- Cash +€16,913
up €16,913 (+24.4%), from €69,358 to €86,271
mainly Net result for the year (+€15,398) and Receivables within one year (+€14,328)
- Receivables within one year -€14,328
down €14,328 (-80.8%), from €17,735 to €3,407
of which Trade receivables: -€17,735
- Tangible fixed assets -€1,148
down €1,148 (-32.6%), from €3,521 to €2,373
of which Furniture and vehicles: -€967
- Deferred charges and accrued income +€1,000
up €1,000 (+53.5%), from €1,868 to €2,869
- Reserves +€80,835
new in 2025: €80,835
- Profit (loss) carried forward -€66,269
down €66,269 (-100%), from €66,269 to €0
- Tax, wage and social debts -€16,403
down €16,403 (-98.5%), from €16,653 to €250
- Other debts +€7,096
up €7,096 (+156%), from €4,542 to €11,637
- Trade debts -€2,821
down €2,821 (-70.2%), from €4,019 to €1,198
- Gross operating margin -€65,314
down €65,314 (-73.1%), from €89,406 to €24,092
- Taxes -€16,612
down €16,612 (-73.7%), from €22,528 to €5,916
- Financial charges +€991
up €991 (+1,631%), from €61 to €1,052
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 | €92,483 | €94,920 | +€2,437 | +2.6% |
| Fixed assets | 21/28 | €3,521 | €2,373 | -€1,148 | -32.6% |
| Tangible fixed assets | 22/27 | €3,521 | €2,373 | -€1,148 | -32.6% |
| Plant, machinery and equipment | 23 | €893 | €711 | -€182 | -20.3% |
| Furniture and vehicles | 24 | €2,629 | €1,662 | -€967 | -36.8% |
| Current assets | 29/58 | €88,961 | €92,547 | +€3,586 | +4.0% |
| Amounts receivable within one year | 40/41 | €17,735 | €3,407 | -€14,328 | -80.8% |
| Trade receivables | 40 | €17,735 | €0 | -€17,735 | -100% |
| Other amounts receivable | 41 | - | €3,407 | +€3,407 | |
| Cash at bank and in hand | 54/58 | €69,358 | €86,271 | +€16,913 | +24.4% |
| Deferred charges and accrued income | 490/1 | €1,868 | €2,869 | +€1,000 | +53.5% |
| Total equity and liabilities | 10/49 | €92,483 | €94,920 | +€2,437 | +2.6% |
| Equity | 10/15 | €67,269 | €81,835 | +€14,565 | +21.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €80,835 | +€80,835 | |
| Distributable reserves | 133 | - | €80,835 | +€80,835 | |
| Profit (loss) carried forward | 14 | €66,269 | €0 | -€66,269 | -100% |
| Amounts payable | 17/49 | €25,213 | €13,085 | -€12,128 | -48.1% |
| Amounts payable within one year | 42/48 | €25,213 | €13,085 | -€12,128 | -48.1% |
| Trade debts | 44 | €4,019 | €1,198 | -€2,821 | -70.2% |
| Suppliers | 440/4 | €4,019 | €1,198 | -€2,821 | -70.2% |
| Taxes, remuneration and social security | 45 | €16,653 | €250 | -€16,403 | -98.5% |
| Taxes | 450/3 | €16,653 | €250 | -€16,403 | -98.5% |
| Other amounts payable | 47/48 | €4,542 | €11,637 | +€7,096 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €287 | €1,148 | +€861 | +300% |
| Other operating charges | 640/8 | €271 | €562 | +€290 | +107% |
| Non-recurring operating charges | 66A | - | €21 | +€21 | |
| Gross operating margin | 9900 | €89,406 | €24,092 | -€65,314 | -73.1% |
| Operating profit (loss) | 9901 | €88,848 | €22,361 | -€66,487 | -74.8% |
| Financial income | 75/76B | €10 | €5 | -€5 | -49.1% |
| Recurring financial income | 75 | €10 | €5 | -€5 | -49.1% |
| Financial charges | 65/66B | €61 | €1,052 | +€991 | +1,631% |
| Recurring financial charges | 65 | €61 | €1,052 | +€991 | +1,631% |
| Profit (loss) for the period before taxes | 9903 | €88,797 | €21,314 | -€67,483 | -76.0% |
| Income taxes | 67/77 | €22,528 | €5,916 | -€16,612 | -73.7% |
| Profit (loss) for the period | 9904 | €66,269 | €15,398 | -€50,871 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,269 | €15,398 | -€50,871 | -76.8% |
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 17 October 2026 via checked.be.