KAAN B: 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.
KAAN B
Largest movements
- Stocks and contracts -€14,045
down €14,045 (-79.0%), from €17,769 to €3,724
- Cash +€2,746
up €2,746 (+305%), from €900 to €3,646
mainly Stocks and contracts (+€14,045) and Net result for the year (+€1,421)
- Receivables within one year +€1,244
new in 2026: €1,244
- Tangible fixed assets -€764
down €764 (-38.0%), from €2,012 to €1,248
of which Furniture and vehicles: -€400
- Other debts -€7,112
down €7,112 (-7.3%), from €96,949 to €89,837
- Trade debts -€3,971
down €3,971 (-5.5%), from €71,881 to €67,910
- Profit (loss) carried forward +€1,421
up €1,421 (+1.0%), from -€147,006 to -€145,585
- Tax, wage and social debts -€1,158
no longer reported in 2026 (was €1,158)
- Taxes +€5,555
new in 2026: €5,555
- Gross operating margin -€3,442
down €3,442 (-28.7%), from €11,992 to €8,550
- Other operating charges +€527
up €527 (+267%), from €197 to €725
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 | €23,081 | €12,262 | -€10,819 | -46.9% |
| Fixed assets | 21/28 | €4,412 | €3,648 | -€764 | -17.3% |
| Tangible fixed assets | 22/27 | €2,012 | €1,248 | -€764 | -38.0% |
| Furniture and vehicles | 24 | €800 | €400 | -€400 | -50.0% |
| Leasing and similar rights | 25 | €1,212 | €848 | -€364 | -30.0% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €18,669 | €8,614 | -€10,056 | -53.9% |
| Stocks and contracts in progress | 3 | €17,769 | €3,724 | -€14,045 | -79.0% |
| Stocks | 30/36 | €17,769 | €3,724 | -€14,045 | -79.0% |
| Amounts receivable within one year | 40/41 | - | €1,244 | +€1,244 | |
| Other amounts receivable | 41 | - | €1,244 | +€1,244 | |
| Cash at bank and in hand | 54/58 | €900 | €3,646 | +€2,746 | +305% |
| Total equity and liabilities | 10/49 | €23,081 | €12,262 | -€10,819 | -46.9% |
| Equity | 10/15 | -€146,906 | -€145,485 | +€1,421 | +1.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | €100 | = | 0.0% |
| Issued capital | 100 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,006 | -€145,585 | +€1,421 | +1.0% |
| Amounts payable | 17/49 | €169,987 | €157,747 | -€12,240 | -7.2% |
| Amounts payable within one year | 42/48 | €169,987 | €157,747 | -€12,240 | -7.2% |
| Trade debts | 44 | €71,881 | €67,910 | -€3,971 | -5.5% |
| Suppliers | 440/4 | €71,881 | €67,910 | -€3,971 | -5.5% |
| Taxes, remuneration and social security | 45 | €1,158 | - | -€1,158 | |
| Taxes | 450/3 | €1,158 | - | -€1,158 | |
| Other amounts payable | 47/48 | €96,949 | €89,837 | -€7,112 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €764 | €764 | = | 0.0% |
| Other operating charges | 640/8 | €197 | €725 | +€527 | +267% |
| Gross operating margin | 9900 | €11,992 | €8,550 | -€3,442 | -28.7% |
| Operating profit (loss) | 9901 | €11,031 | €7,062 | -€3,970 | -36.0% |
| Financial charges | 65/66B | €125 | €86 | -€39 | -31.4% |
| Recurring financial charges | 65 | €125 | €86 | -€39 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €10,907 | €6,976 | -€3,930 | -36.0% |
| Income taxes | 67/77 | - | €5,555 | +€5,555 | |
| Profit (loss) for the period | 9904 | €10,907 | €1,421 | -€9,485 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,907 | €1,421 | -€9,485 | -87.0% |
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 14 October 2026 via checked.be.