't KADEETJE: 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.
't KADEETJE
Largest movements
- Cash +€51,072
up €51,072 (+120%), from €42,530 to €93,602
mainly Net result for the year (+€85,089) and Investment in fixed assets (net) (+€16,014)
- Tangible fixed assets -€19,204
down €19,204 (-71.6%), from €26,840 to €7,636
of which Other tangible fixed assets: -€24,150
- Receivables within one year +€8,472
up €8,472 (+2,598%), from €326 to €8,798
of which Other amounts receivable: +€8,324
- Deferred charges and accrued income +€6,321
up €6,321 (+451%), from €1,402 to €7,723
- Intangible fixed assets -€3,000
down €3,000 (-24.9%), from €12,025 to €9,025
- Reserves +€61,288
new in 2026: €61,288
- Other debts -€27,998
down €27,998 (-54.1%), from €51,799 to €23,801
- Tax, wage and social debts +€11,501
up €11,501 (+40.0%), from €28,782 to €40,283
of which Taxes: +€15,205
- Gross operating margin +€25,851
up €25,851 (+17.0%), from €151,701 to €177,552
- Staff costs -€20,757
down €20,757 (-27.2%), from €76,321 to €55,564
- Taxes +€17,017
up €17,017 (+129%), from €13,225 to €30,241
- Financial charges -€2,153
down €2,153 (-66.4%), from €3,240 to €1,087
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,123 | €128,383 | +€45,261 | +54.5% |
| Fixed assets | 21/28 | €38,865 | €18,261 | -€20,604 | -53.0% |
| Intangible fixed assets | 21 | €12,025 | €9,025 | -€3,000 | -24.9% |
| Tangible fixed assets | 22/27 | €26,840 | €7,636 | -€19,204 | -71.6% |
| Plant, machinery and equipment | 23 | €1,417 | €0 | -€1,417 | -100% |
| Furniture and vehicles | 24 | €1,272 | €7,636 | +€6,364 | +500% |
| Other tangible fixed assets | 26 | €24,150 | €0 | -€24,150 | -100% |
| Financial fixed assets | 28 | - | €1,600 | +€1,600 | |
| Current assets | 29/58 | €44,258 | €110,122 | +€65,865 | +149% |
| Amounts receivable within one year | 40/41 | €326 | €8,798 | +€8,472 | +2,598% |
| Trade receivables | 40 | - | €148 | +€148 | |
| Other amounts receivable | 41 | €326 | €8,650 | +€8,324 | +2,553% |
| Cash at bank and in hand | 54/58 | €42,530 | €93,602 | +€51,072 | +120% |
| Deferred charges and accrued income | 490/1 | €1,402 | €7,723 | +€6,321 | +451% |
| Total equity and liabilities | 10/49 | €83,123 | €128,383 | +€45,261 | +54.5% |
| Equity | 10/15 | €2,000 | €63,288 | +€61,288 | +3,064% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €61,288 | +€61,288 | |
| Distributable reserves | 133 | - | €61,288 | +€61,288 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,123 | €65,095 | -€16,027 | -19.8% |
| Amounts payable within one year | 42/48 | €81,123 | €64,908 | -€16,214 | -20.0% |
| Trade debts | 44 | €541 | €823 | +€282 | +52.1% |
| Suppliers | 440/4 | €541 | €823 | +€282 | +52.1% |
| Taxes, remuneration and social security | 45 | €28,782 | €40,283 | +€11,501 | +40.0% |
| Taxes | 450/3 | €15,103 | €30,308 | +€15,205 | +101% |
| Remuneration and social security | 454/9 | €13,679 | €9,976 | -€3,703 | -27.1% |
| Other amounts payable | 47/48 | €51,799 | €23,801 | -€27,998 | -54.1% |
| Accrued charges and deferred income | 492/3 | - | €187 | +€187 | |
| Remuneration, social security and pensions | 62 | €76,321 | €55,564 | -€20,757 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,813 | €4,590 | -€1,223 | -21.0% |
| Other operating charges | 640/8 | €1,314 | €1,305 | -€9 | -0.7% |
| Gross operating margin | 9900 | €151,701 | €177,552 | +€25,851 | +17.0% |
| Operating profit (loss) | 9901 | €68,253 | €116,093 | +€47,840 | +70.1% |
| Financial income | 75/76B | €11 | €324 | +€313 | +2,974% |
| Recurring financial income | 75 | €11 | €324 | +€313 | +2,974% |
| Financial charges | 65/66B | €3,240 | €1,087 | -€2,153 | -66.4% |
| Recurring financial charges | 65 | €3,240 | €1,087 | -€2,153 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | €65,024 | €115,330 | +€50,307 | +77.4% |
| Income taxes | 67/77 | €13,225 | €30,241 | +€17,017 | +129% |
| Profit (loss) for the period | 9904 | €51,799 | €85,089 | +€33,290 | +64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,799 | €85,089 | +€33,290 | +64.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.