My-KD4B: 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.
My-KD4B
Largest movements
- Cash +€17,673
up €17,673 (+32.7%), from €54,107 to €71,780
mainly Net result for the year (+€27,662) and Receivables within one year (+€5,166)
- Tangible fixed assets +€6,129
up €6,129 (+72.4%), from €8,460 to €14,589
- Receivables within one year -€5,166
down €5,166 (-18.4%), from €28,048 to €22,882
- Deferred charges and accrued income +€1,647
new in 2025: €1,647
- Profit (loss) carried forward +€27,662
up €27,662 (+45.6%), from €60,617 to €88,279
- Tax, wage and social debts -€7,781
down €7,781 (-28.6%), from €27,207 to €19,426
- Gross operating margin -€39,817
down €39,817 (-49.9%), from €79,728 to €39,911
- Taxes -€8,781
down €8,781 (-54.7%), from €16,051 to €7,270
- Depreciation +€1,885
up €1,885 (+95.0%), from €1,985 to €3,870
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 | €90,614 | €110,898 | +€20,283 | +22.4% |
| Fixed assets | 21/28 | €8,460 | €14,589 | +€6,129 | +72.4% |
| Tangible fixed assets | 22/27 | €8,460 | €14,589 | +€6,129 | +72.4% |
| Furniture and vehicles | 24 | €8,460 | €14,589 | +€6,129 | +72.4% |
| Current assets | 29/58 | €82,154 | €96,309 | +€14,155 | +17.2% |
| Amounts receivable within one year | 40/41 | €28,048 | €22,882 | -€5,166 | -18.4% |
| Trade receivables | 40 | €28,048 | €22,882 | -€5,166 | -18.4% |
| Cash at bank and in hand | 54/58 | €54,107 | €71,780 | +€17,673 | +32.7% |
| Deferred charges and accrued income | 490/1 | - | €1,647 | +€1,647 | |
| Total equity and liabilities | 10/49 | €90,614 | €110,898 | +€20,283 | +22.4% |
| Equity | 10/15 | €62,617 | €90,279 | +€27,662 | +44.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,617 | €88,279 | +€27,662 | +45.6% |
| Amounts payable | 17/49 | €27,997 | €20,619 | -€7,378 | -26.4% |
| Amounts payable within one year | 42/48 | €27,997 | €20,619 | -€7,378 | -26.4% |
| Trade debts | 44 | €623 | €228 | -€395 | -63.4% |
| Suppliers | 440/4 | €623 | €228 | -€395 | -63.4% |
| Taxes, remuneration and social security | 45 | €27,207 | €19,426 | -€7,781 | -28.6% |
| Taxes | 450/3 | €27,207 | €19,426 | -€7,781 | -28.6% |
| Other amounts payable | 47/48 | €167 | €965 | +€798 | +477% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,985 | €3,870 | +€1,885 | +95.0% |
| Other operating charges | 640/8 | €772 | €834 | +€62 | +8.1% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €79,728 | €39,911 | -€39,817 | -49.9% |
| Operating profit (loss) | 9901 | €76,971 | €35,157 | -€41,814 | -54.3% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €302 | €230 | -€72 | -23.9% |
| Recurring financial charges | 65 | €302 | €230 | -€72 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €76,669 | €34,932 | -€41,737 | -54.4% |
| Income taxes | 67/77 | €16,051 | €7,270 | -€8,781 | -54.7% |
| Profit (loss) for the period | 9904 | €60,617 | €27,662 | -€32,956 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,617 | €27,662 | -€32,956 | -54.4% |
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 20 October 2026 via checked.be.