KAAI DESIGN: what changed
What changed
KAAI DESIGN
NACE 47.551, Retail sale of household furniture
filed annual accounts (NBB)
Net result for the year
€53,890
2024 · €1,308+€52,582
Equity
€332,186
2024 · €278,296+€53,890
Cash
€148,786
2024 · €82,950+€65,835
Balance sheet total
€711,788
2024 · €705,677+€6,111
Largest movements
Assets
- Cash +€65,835
up €65,835 (+79.4%), from €82,950 to €148,786
mainly Stocks and contracts (+€64,274) and Advances received (+€59,872)
- Stocks and contracts -€64,274
down €64,274 (-11.9%), from €539,110 to €474,836
Equity and liabilities
- Advances received +€59,872
up €59,872 (+132%), from €45,310 to €105,182
- Reserves +€53,800
up €53,800 (+42.2%), from €127,545 to €181,345
of which Distributable reserves: +€53,800
- Debts after one year -€45,120
down €45,120 (-25.6%), from €175,924 to €130,804
- Other debts -€43,860
down €43,860 (-90.9%), from €48,262 to €4,403
- Trade debts -€25,365
down €25,365 (-18.8%), from €135,150 to €109,786
Income statement
- Gross operating margin +€177,040
up €177,040, from -€17,402 to €159,638
- Write-downs +€108,822
up €108,822, from -€41,600 to €67,222
- Taxes +€20,729
up €20,729 (+583%), from €3,555 to €24,284
- Staff costs -€6,815
down €6,815 (-96.9%), from €7,036 to €221
- Other operating charges +€2,328
up €2,328 (+92.0%), from €2,529 to €4,857
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,308
Gross operating margin
+€177,040
Staff costs
+€6,815
Depreciation
+€131
Write-downs
-€108,822
Other operating charges
-€2,328
Financial income
-€64
Financial charges
+€539
Taxes
-€20,729
Result 2025
€53,890
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€116,528
Investment
-€5,572
Financing
-€45,120
Cash 2024
€82,950
From operations (derived)
+€116,528
Net result for the year
+€53,890
Depreciation
+€8,107
Stocks and contracts
+€64,274
Receivables within one year
-€6,813
Deferred charges and accrued income
-€271
Trade debts
-€25,365
Tax, wage and social debts
+€2,291
Advances received
+€59,872
Other debts
-€43,860
Accrued charges and deferred income
+€4,403
Investment (derived)
-€5,572
Investment in fixed assets (net)
-€5,572
Financing
-€45,120
Debts after one year
-€45,120
Cash 2025
€148,786
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €705,677 | €711,788 | +€6,111 | +0.9% |
| Fixed assets | 21/28 | €12,875 | €10,341 | -€2,535 | -19.7% |
| Tangible fixed assets | 22/27 | €11,625 | €8,591 | -€3,035 | -26.1% |
| Plant, machinery and equipment | 23 | €3,140 | €1,307 | -€1,833 | -58.4% |
| Furniture and vehicles | 24 | €8,485 | €7,284 | -€1,202 | -14.2% |
| Financial fixed assets | 28 | €1,250 | €1,750 | +€500 | +40.0% |
| Current assets | 29/58 | €692,801 | €701,447 | +€8,646 | +1.2% |
| Stocks and contracts in progress | 3 | €539,110 | €474,836 | -€64,274 | -11.9% |
| Stocks | 30/36 | €539,110 | €474,836 | -€64,274 | -11.9% |
| Amounts receivable within one year | 40/41 | €63,297 | €70,110 | +€6,813 | +10.8% |
| Trade receivables | 40 | €61,732 | €68,665 | +€6,933 | +11.2% |
| Other amounts receivable | 41 | €1,566 | €1,445 | -€120 | -7.7% |
| Cash at bank and in hand | 54/58 | €82,950 | €148,786 | +€65,835 | +79.4% |
| Deferred charges and accrued income | 490/1 | €7,444 | €7,715 | +€271 | +3.6% |
| Total equity and liabilities | 10/49 | €705,677 | €711,788 | +€6,111 | +0.9% |
| Equity | 10/15 | €278,296 | €332,186 | +€53,890 | +19.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €127,545 | €181,345 | +€53,800 | +42.2% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €117,545 | €171,345 | +€53,800 | +45.8% |
| Profit (loss) carried forward | 14 | €50,751 | €50,841 | +€90 | +0.2% |
| Amounts payable | 17/49 | €427,381 | €379,602 | -€47,779 | -11.2% |
| Amounts payable after more than one year | 17 | €175,924 | €130,804 | -€45,120 | -25.6% |
| Other amounts payable | 178/9 | €175,924 | €130,804 | -€45,120 | -25.6% |
| Amounts payable within one year | 42/48 | €250,366 | €243,304 | -€7,062 | -2.8% |
| Trade debts | 44 | €135,150 | €109,786 | -€25,365 | -18.8% |
| Suppliers | 440/4 | €135,150 | €109,786 | -€25,365 | -18.8% |
| Advances received on contracts in progress | 46 | €45,310 | €105,182 | +€59,872 | +132% |
| Taxes, remuneration and social security | 45 | €21,644 | €23,934 | +€2,291 | +10.6% |
| Taxes | 450/3 | €20,353 | €23,934 | +€3,581 | +17.6% |
| Remuneration and social security | 454/9 | €1,290 | - | -€1,290 | |
| Other amounts payable | 47/48 | €48,262 | €4,403 | -€43,860 | -90.9% |
| Accrued charges and deferred income | 492/3 | €1,091 | €5,494 | +€4,403 | +404% |
| Remuneration, social security and pensions | 62 | €7,036 | €221 | -€6,815 | -96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,238 | €8,107 | -€131 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€41,600 | €67,222 | +€108,822 | |
| Other operating charges | 640/8 | €2,529 | €4,857 | +€2,328 | +92.0% |
| Gross operating margin | 9900 | -€17,402 | €159,638 | +€177,040 | |
| Operating profit (loss) | 9901 | €6,395 | €79,231 | +€72,836 | +1,139% |
| Financial income | 75/76B | €64 | €0 | -€64 | -99.8% |
| Recurring financial income | 75 | €64 | €0 | -€64 | -99.8% |
| Financial charges | 65/66B | €1,596 | €1,057 | -€539 | -33.8% |
| Recurring financial charges | 65 | €1,596 | €1,057 | -€539 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €4,863 | €78,174 | +€73,311 | +1,508% |
| Income taxes | 67/77 | €3,555 | €24,284 | +€20,729 | +583% |
| Profit (loss) for the period | 9904 | €1,308 | €53,890 | +€52,582 | +4,020% |
| Profit (loss) for the period to be appropriated | 9905 | €1,308 | €53,890 | +€52,582 | +4,020% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.