Kaaipark: 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.
Kaaipark
Largest movements
- Cash -€90,500
down €90,500 (-90.6%), from €99,943 to €9,443
mainly Other debts (-€110,123) and Investment in fixed assets (net) (-€7,233)
- Other debts -€110,123
down €110,123 (-97.1%), from €113,410 to €3,287
- Reserves +€13,143
up €13,143 (+13.5%), from €97,435 to €110,578
of which Distributable reserves: +€13,143
- Tax, wage and social debts +€5,183
up €5,183 (+939.9%), from €551 to €5,734
- Depreciation -€4,653
down €4,653 (-43.4%), from €10,732 to €6,078
- Gross operating margin +€4,597
up €4,597 (+20.0%), from €22,938 to €27,535
- Taxes +€2,053
up €2,053 (+82.4%), from €2,492 to €4,545
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 | €275,212 | €187,402 | -€87,811 | -31.9% |
| Fixed assets | 21/28 | €171,886 | €173,040 | +€1,155 | +0.7% |
| Tangible fixed assets | 22/27 | €171,761 | €172,915 | +€1,155 | +0.7% |
| Land and buildings | 22 | €171,360 | €172,915 | +€1,555 | +0.9% |
| Plant, machinery and equipment | 23 | €400 | €0 | -€400 | -100.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €103,327 | €14,361 | -€88,965 | -86.1% |
| Amounts receivable within one year | 40/41 | €2,517 | €4,025 | +€1,508 | +59.9% |
| Trade receivables | 40 | €9 | €4,025 | +€4,016 | +45426.6% |
| Other amounts receivable | 41 | €2,508 | €0 | -€2,508 | -100.0% |
| Cash at bank and in hand | 54/58 | €99,943 | €9,443 | -€90,500 | -90.6% |
| Deferred charges and accrued income | 490/1 | €867 | €894 | +€27 | +3.1% |
| Total equity and liabilities | 10/49 | €275,212 | €187,402 | -€87,811 | -31.9% |
| Equity | 10/15 | €158,995 | €172,138 | +€13,143 | +8.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €97,435 | €110,578 | +€13,143 | +13.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €91,285 | €104,428 | +€13,143 | +14.4% |
| Profit (loss) carried forward | 14 | €60 | €60 | = | 0.0% |
| Amounts payable | 17/49 | €116,217 | €15,264 | -€100,954 | -86.9% |
| Amounts payable within one year | 42/48 | €115,463 | €11,880 | -€103,583 | -89.7% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €1,200 | €2,860 | +€1,660 | +138.3% |
| Suppliers | 440/4 | €1,200 | €2,860 | +€1,660 | +138.3% |
| Advances received on contracts in progress | 46 | €302 | €0 | -€302 | -100.0% |
| Taxes, remuneration and social security | 45 | €551 | €5,734 | +€5,183 | +939.9% |
| Taxes | 450/3 | €551 | €5,734 | +€5,183 | +939.9% |
| Other amounts payable | 47/48 | €113,410 | €3,287 | -€110,123 | -97.1% |
| Accrued charges and deferred income | 492/3 | €754 | €3,383 | +€2,629 | +348.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,732 | €6,078 | -€4,653 | -43.4% |
| Other operating charges | 640/8 | €2,953 | €3,044 | +€91 | +3.1% |
| Gross operating margin | 9900 | €22,938 | €27,535 | +€4,597 | +20.0% |
| Operating profit (loss) | 9901 | €9,253 | €18,413 | +€9,160 | +99.0% |
| Financial income | 75/76B | €30 | €1 | -€30 | -97.4% |
| Recurring financial income | 75 | €30 | €1 | -€30 | -97.4% |
| Financial charges | 65/66B | €906 | €726 | -€180 | -19.9% |
| Recurring financial charges | 65 | €906 | €726 | -€180 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €8,378 | €17,688 | +€9,310 | +111.1% |
| Income taxes | 67/77 | €2,492 | €4,545 | +€2,053 | +82.4% |
| Profit (loss) for the period | 9904 | €5,886 | €13,143 | +€7,257 | +123.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,886 | €13,143 | +€7,257 | +123.3% |
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 9 October 2026 via checked.be.