KAAT: 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.
KAAT
Largest movements
- Cash -€21,876
down €21,876 (-93.2%), from €23,478 to €1,602
mainly Net result for the year (-€21,654) and Trade debts (-€7,074)
- Tangible fixed assets -€808
down €808 (-36.5%), from €2,211 to €1,403
- Receivables within one year -€803
down €803 (-6.1%), from €13,202 to €12,399
of which Trade receivables: -€732
- Profit (loss) carried forward -€21,654
down €21,654, from €13,254 to -€8,400
- Trade debts -€7,074
down €7,074 (-67.5%), from €10,488 to €3,414
- Other debts +€4,271
up €4,271 (+36.4%), from €11,748 to €16,019
- Tax, wage and social debts +€1,108
up €1,108 (+46.1%), from €2,402 to €3,510
- Gross operating margin -€37,222
down €37,222, from €19,764 to -€17,458
- Taxes -€4,598
down €4,598 (-95.5%), from €4,816 to €218
- Financial charges +€2,602
up €2,602 (+86,442%), from €3 to €2,605
- Depreciation -€490
down €490 (-37.7%), from €1,298 to €808
- Other operating charges +€216
up €216 (+54.9%), from €393 to €609
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.
Derived cash bridge
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 | €38,891 | €15,542 | -€23,350 | -60.0% |
| Fixed assets | 21/28 | €2,211 | €1,403 | -€808 | -36.5% |
| Tangible fixed assets | 22/27 | €2,211 | €1,403 | -€808 | -36.5% |
| Plant, machinery and equipment | 23 | €2,211 | €1,403 | -€808 | -36.5% |
| Current assets | 29/58 | €36,680 | €14,138 | -€22,542 | -61.5% |
| Amounts receivable within one year | 40/41 | €13,202 | €12,399 | -€803 | -6.1% |
| Trade receivables | 40 | €13,129 | €12,397 | -€732 | -5.6% |
| Other amounts receivable | 41 | €73 | €2 | -€71 | -97.6% |
| Cash at bank and in hand | 54/58 | €23,478 | €1,602 | -€21,876 | -93.2% |
| Deferred charges and accrued income | 490/1 | - | €137 | +€137 | |
| Total equity and liabilities | 10/49 | €38,891 | €15,542 | -€23,350 | -60.0% |
| Equity | 10/15 | €14,254 | -€7,400 | -€21,654 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,254 | -€8,400 | -€21,654 | |
| Amounts payable | 17/49 | €24,638 | €22,942 | -€1,695 | -6.9% |
| Amounts payable within one year | 42/48 | €24,638 | €22,942 | -€1,695 | -6.9% |
| Trade debts | 44 | €10,488 | €3,414 | -€7,074 | -67.5% |
| Suppliers | 440/4 | €10,488 | €3,414 | -€7,074 | -67.5% |
| Taxes, remuneration and social security | 45 | €2,402 | €3,510 | +€1,108 | +46.1% |
| Taxes | 450/3 | €2,402 | €3,510 | +€1,108 | +46.1% |
| Other amounts payable | 47/48 | €11,748 | €16,019 | +€4,271 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,298 | €808 | -€490 | -37.7% |
| Other operating charges | 640/8 | €393 | €609 | +€216 | +54.9% |
| Gross operating margin | 9900 | €19,764 | -€17,458 | -€37,222 | |
| Operating profit (loss) | 9901 | €18,073 | -€18,875 | -€36,948 | |
| Financial income | 75/76B | €0 | €44 | +€44 | +146,767% |
| Recurring financial income | 75 | €0 | €44 | +€44 | +146,767% |
| Financial charges | 65/66B | €3 | €2,605 | +€2,602 | +86,442% |
| Recurring financial charges | 65 | €3 | €2,605 | +€2,602 | +86,442% |
| Profit (loss) for the period before taxes | 9903 | €18,070 | -€21,436 | -€39,506 | |
| Income taxes | 67/77 | €4,816 | €218 | -€4,598 | -95.5% |
| Profit (loss) for the period | 9904 | €13,254 | -€21,654 | -€34,908 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,254 | -€21,654 | -€34,908 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.