KAAN: 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.
What changed
KAAN
NACE 90.393, Specialised image, lighting and sound technical services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,028
2024 · €28,774-€25,746
Equity
€1.4m
2024 · €1.4m+€3,028
Cash
€40,478
2024 · €40,672-€194
Balance sheet total
€1.6m
2024 · €1.6m-€41,644
Largest movements
Assets
- Financial fixed assets -€50,000
down €50,000 (-4.5%), from €1.1m to €1.1m
- Tangible fixed assets -€34,704
down €34,704 (-19.6%), from €176,872 to €142,168
of which Furniture and vehicles: -€23,858
- Receivables after one year +€30,000
up €30,000 (+240.0%), from €12,500 to €42,500
Equity and liabilities
- Debts after one year -€31,000
down €31,000 (-23.6%), from €131,457 to €100,457
- Trade debts -€18,645
down €18,645 (-92.6%), from €20,140 to €1,496
- Tax, wage and social debts +€18,595
up €18,595 (+365.4%), from €5,089 to €23,684
Income statement
- Financial charges +€19,996
up €19,996 (+402.0%), from €4,975 to €24,971
of which Non-recurring financial charges: +€20,000
- Taxes +€16,930
up €16,930, from -€6,085 to €10,844
- Services and other goods -€11,212
down €11,212 (-8.6%), from €129,633 to €118,421
- Depreciation +€7,723
up €7,723 (+26.2%), from €29,456 to €37,179
- Turnover +€2,862
up €2,862 (+1.7%), from €170,538 to €173,400
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.
Result 2024
€28,774
Turnover
+€2,862
Other operating income
-€2,066
Services and other goods
+€11,212
Depreciation
-€7,723
Other operating charges
+€2,176
Other operating items
+€3,200
Financial income
+€1,520
Financial charges
-€19,996
Taxes
-€16,930
Result 2025
€3,028
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.
From operations
-€17,737
Investment
+€47,525
Financing
-€29,982
Cash 2024
€40,672
From operations (derived)
-€17,737
Net result for the year
+€3,028
Depreciation
+€37,179
Receivables after one year
-€30,000
Receivables within one year
-€15,454
Deferred charges and accrued income
+€2,200
Trade debts
-€18,645
Tax, wage and social debts
+€18,595
Other debts
-€14,641
Investment (derived)
+€47,525
Investment in fixed assets (net)
+€47,525
Financing
-€29,982
Debts after one year
-€31,000
Current portion of long-term debt
+€1,018
Cash 2025
€40,478
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,634,200 | €1,592,556 | -€41,644 | -2.5% |
| Fixed assets | 21/28 | €1,277,872 | €1,193,168 | -€84,704 | -6.6% |
| Tangible fixed assets | 22/27 | €176,872 | €142,168 | -€34,704 | -19.6% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | - | €1,725 | +€1,725 | |
| Furniture and vehicles | 24 | €104,791 | €80,934 | -€23,858 | -22.8% |
| Other tangible fixed assets | 26 | €72,080 | €59,509 | -€12,571 | -17.4% |
| Financial fixed assets | 28 | €1,101,000 | €1,051,000 | -€50,000 | -4.5% |
| Affiliated companies | 280/1 | €1,101,000 | €1,051,000 | -€50,000 | -4.5% |
| Participating interests | 280 | €1,101,000 | €1,051,000 | -€50,000 | -4.5% |
| Current assets | 29/58 | €356,329 | €399,388 | +€43,060 | +12.1% |
| Amounts receivable after more than one year | 29 | €12,500 | €42,500 | +€30,000 | +240.0% |
| Other amounts receivable | 291 | €12,500 | €42,500 | +€30,000 | +240.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €300,956 | €316,410 | +€15,454 | +5.1% |
| Trade receivables | 40 | €17,485 | €17,485 | = | 0.0% |
| Other amounts receivable | 41 | €283,472 | €298,925 | +€15,454 | +5.5% |
| Cash at bank and in hand | 54/58 | €40,672 | €40,478 | -€194 | -0.5% |
| Deferred charges and accrued income | 490/1 | €2,200 | €0 | -€2,200 | -100.0% |
| Total equity and liabilities | 10/49 | €1,634,200 | €1,592,556 | -€41,644 | -2.5% |
| Equity | 10/15 | €1,432,105 | €1,435,132 | +€3,028 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,413,505 | €1,416,532 | +€3,028 | +0.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,413,505 | €1,416,532 | +€3,028 | +0.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €202,095 | €157,423 | -€44,672 | -22.1% |
| Amounts payable after more than one year | 17 | €131,457 | €100,457 | -€31,000 | -23.6% |
| Financial debts | 170/4 | €131,457 | €100,457 | -€31,000 | -23.6% |
| Credit institutions | 173 | €131,457 | €100,457 | -€31,000 | -23.6% |
| Other loans | 174 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €70,639 | €56,967 | -€13,672 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €29,982 | €31,000 | +€1,018 | +3.4% |
| Trade debts | 44 | €20,140 | €1,496 | -€18,645 | -92.6% |
| Suppliers | 440/4 | €20,140 | €1,496 | -€18,645 | -92.6% |
| Taxes, remuneration and social security | 45 | €5,089 | €23,684 | +€18,595 | +365.4% |
| Taxes | 450/3 | €5,089 | €23,684 | +€18,595 | +365.4% |
| Other amounts payable | 47/48 | €15,427 | €787 | -€14,641 | -94.9% |
| Operating income | 70/76A | €179,366 | €180,162 | +€796 | +0.4% |
| Turnover | 70 | €170,538 | €173,400 | +€2,862 | +1.7% |
| Other operating income | 74 | €8,828 | €6,762 | -€2,066 | -23.4% |
| Operating charges | 60/66A | €165,721 | €156,857 | -€8,864 | -5.3% |
| Services and other goods | 61 | €129,633 | €118,421 | -€11,212 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,456 | €37,179 | +€7,723 | +26.2% |
| Other operating charges | 640/8 | €3,432 | €1,257 | -€2,176 | -63.4% |
| Non-recurring operating charges | 66A | €3,200 | €0 | -€3,200 | -100.0% |
| Operating profit (loss) | 9901 | €13,645 | €23,305 | +€9,660 | +70.8% |
| Financial income | 75/76B | €14,018 | €15,537 | +€1,520 | +10.8% |
| Recurring financial income | 75 | €14,018 | €15,537 | +€1,520 | +10.8% |
| Income from current assets | 751 | €14,018 | €15,537 | +€1,520 | +10.8% |
| Financial charges | 65/66B | €4,975 | €24,971 | +€19,996 | +402.0% |
| Recurring financial charges | 65 | €4,975 | €4,971 | -€4 | -0.1% |
| Debt charges | 650 | €4,746 | €4,710 | -€36 | -0.8% |
| Other financial charges | 652/9 | €229 | €261 | +€32 | +13.9% |
| Non-recurring financial charges | 66B | - | €20,000 | +€20,000 | |
| Profit (loss) for the period before taxes | 9903 | €22,688 | €13,872 | -€8,816 | -38.9% |
| Income taxes | 67/77 | -€6,085 | €10,844 | +€16,930 | |
| Taxes | 670/3 | €18,830 | €10,844 | -€7,986 | -42.4% |
| Tax adjustments and reversals of tax provisions | 77 | €24,916 | €0 | -€24,916 | -100.0% |
| Profit (loss) for the period | 9904 | €28,774 | €3,028 | -€25,746 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,774 | €3,028 | -€25,746 | -89.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.