Kaaj Sito: what changed
Two fiscal 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.
Kaaj Sito
Largest movements
- Cash -€12,305
down €12,305 (-17.1%), from €72,038 to €59,733
mainly Contributions, distributions and other (-€35,000) and Investment in fixed assets (net) (-€12,023)
- Tangible fixed assets +€6,907
up €6,907 (+92.2%), from €7,492 to €14,399
- Receivables within one year +€2,002
up €2,002 (+10.0%), from €19,957 to €21,959
of which Trade receivables: +€1,223
- Other debts -€5,522
down €5,522 (-13.6%), from €40,522 to €35,000
- Tax, wage and social debts +€3,257
up €3,257 (+20.6%), from €15,806 to €19,063
of which Remuneration and social security: +€2,250
- Reserves -€1,990
down €1,990 (-5.4%), from €37,172 to €35,181
- Other operating charges +€5,776
up €5,776 (+1939.4%), from €298 to €6,073
- Gross operating margin +€2,266
up €2,266 (+4.3%), from €52,434 to €54,700
- Depreciation +€1,608
up €1,608 (+45.8%), from €3,508 to €5,116
- Taxes -€1,131
down €1,131 (-10.0%), from €11,298 to €10,167
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 | €101,000 | €96,744 | -€4,255 | -4.2% |
| Fixed assets | 21/28 | €7,492 | €14,399 | +€6,907 | +92.2% |
| Tangible fixed assets | 22/27 | €7,492 | €14,399 | +€6,907 | +92.2% |
| Furniture and vehicles | 24 | €7,492 | €14,399 | +€6,907 | +92.2% |
| Current assets | 29/58 | €93,508 | €82,345 | -€11,162 | -11.9% |
| Amounts receivable within one year | 40/41 | €19,957 | €21,959 | +€2,002 | +10.0% |
| Trade receivables | 40 | €19,712 | €20,935 | +€1,223 | +6.2% |
| Other amounts receivable | 41 | €245 | €1,025 | +€779 | +317.4% |
| Cash at bank and in hand | 54/58 | €72,038 | €59,733 | -€12,305 | -17.1% |
| Deferred charges and accrued income | 490/1 | €1,512 | €653 | -€859 | -56.8% |
| Total equity and liabilities | 10/49 | €101,000 | €96,744 | -€4,255 | -4.2% |
| Equity | 10/15 | €44,672 | €42,681 | -€1,990 | -4.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €37,172 | €35,181 | -€1,990 | -5.4% |
| Distributable reserves | 133 | €37,172 | €35,181 | -€1,990 | -5.4% |
| Amounts payable | 17/49 | €56,328 | €54,063 | -€2,265 | -4.0% |
| Amounts payable within one year | 42/48 | €56,328 | €54,063 | -€2,265 | -4.0% |
| Taxes, remuneration and social security | 45 | €15,806 | €19,063 | +€3,257 | +20.6% |
| Taxes | 450/3 | €15,806 | €16,813 | +€1,007 | +6.4% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €40,522 | €35,000 | -€5,522 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,508 | €5,116 | +€1,608 | +45.8% |
| Other operating charges | 640/8 | €298 | €6,073 | +€5,776 | +1939.4% |
| Gross operating margin | 9900 | €52,434 | €54,700 | +€2,266 | +4.3% |
| Operating profit (loss) | 9901 | €48,628 | €43,510 | -€5,118 | -10.5% |
| Financial income | 75/76B | €215 | €4 | -€211 | -98.0% |
| Recurring financial income | 75 | €215 | €4 | -€211 | -98.0% |
| Financial charges | 65/66B | €373 | €338 | -€36 | -9.6% |
| Recurring financial charges | 65 | €373 | €338 | -€36 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €48,470 | €43,177 | -€5,293 | -10.9% |
| Income taxes | 67/77 | €11,298 | €10,167 | -€1,131 | -10.0% |
| Profit (loss) for the period | 9904 | €37,172 | €33,010 | -€4,162 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,172 | €33,010 | -€4,162 | -11.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.