KAAYMAN: 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.
KAAYMAN
Largest movements
- Receivables within one year -€11,382
down €11,382 (-25.9%), from €44,010 to €32,628
of which Trade receivables: -€11,514
- Cash +€10,054
up €10,054 (+195.1%), from €5,152 to €15,206
mainly Receivables within one year (+€11,382) and Depreciation (+€3,939)
- Tangible fixed assets -€3,939
down €3,939 (-32.0%), from €12,291 to €8,352
of which Land and buildings: -€2,113
- Deferred charges and accrued income -€3,447
down €3,447 (-49.5%), from €6,959 to €3,512
- Other debts -€3,787
down €3,787 (-24.9%), from €15,213 to €11,426
- Profit (loss) carried forward -€2,035
down €2,035 (-23.1%), from -€8,822 to -€10,857
- Trade debts -€1,989
down €1,989 (-24.5%), from €8,105 to €6,116
- Gross operating margin +€21,787
up €21,787 (+53.3%), from €40,898 to €62,685
- Staff costs +€16,560
up €16,560 (+42.8%), from €38,736 to €55,296
- Financial charges +€1,810
up €1,810 (+713.7%), from €254 to €2,064
- Taxes +€646
up €646 (+69.7%), from €928 to €1,574
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 | €88,412 | €79,698 | -€8,714 | -9.9% |
| Fixed assets | 21/28 | €32,291 | €28,352 | -€3,939 | -12.2% |
| Tangible fixed assets | 22/27 | €12,291 | €8,352 | -€3,939 | -32.0% |
| Land and buildings | 22 | €7,494 | €5,380 | -€2,113 | -28.2% |
| Plant, machinery and equipment | 23 | €2,055 | €1,205 | -€851 | -41.4% |
| Furniture and vehicles | 24 | €2,742 | €1,767 | -€975 | -35.6% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €56,121 | €51,346 | -€4,775 | -8.5% |
| Amounts receivable within one year | 40/41 | €44,010 | €32,628 | -€11,382 | -25.9% |
| Trade receivables | 40 | €44,003 | €32,489 | -€11,514 | -26.2% |
| Other amounts receivable | 41 | €7 | €139 | +€132 | +1997.9% |
| Cash at bank and in hand | 54/58 | €5,152 | €15,206 | +€10,054 | +195.1% |
| Deferred charges and accrued income | 490/1 | €6,959 | €3,512 | -€3,447 | -49.5% |
| Total equity and liabilities | 10/49 | €88,412 | €79,698 | -€8,714 | -9.9% |
| Equity | 10/15 | €44,478 | €42,443 | -€2,035 | -4.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €47,300 | €47,300 | = | 0.0% |
| Distributable reserves | 133 | €47,300 | €47,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,822 | -€10,857 | -€2,035 | -23.1% |
| Amounts payable | 17/49 | €43,934 | €37,255 | -€6,679 | -15.2% |
| Amounts payable within one year | 42/48 | €43,934 | €37,255 | -€6,679 | -15.2% |
| Trade debts | 44 | €8,105 | €6,116 | -€1,989 | -24.5% |
| Suppliers | 440/4 | €8,105 | €6,116 | -€1,989 | -24.5% |
| Advances received on contracts in progress | 46 | €586 | - | -€586 | |
| Taxes, remuneration and social security | 45 | €20,031 | €19,713 | -€318 | -1.6% |
| Taxes | 450/3 | €14,819 | €12,569 | -€2,250 | -15.2% |
| Remuneration and social security | 454/9 | €5,212 | €7,144 | +€1,932 | +37.1% |
| Other amounts payable | 47/48 | €15,213 | €11,426 | -€3,787 | -24.9% |
| Remuneration, social security and pensions | 62 | €38,736 | €55,296 | +€16,560 | +42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,774 | €3,939 | +€165 | +4.4% |
| Other operating charges | 640/8 | €1,302 | €1,850 | +€548 | +42.1% |
| Gross operating margin | 9900 | €40,898 | €62,685 | +€21,787 | +53.3% |
| Operating profit (loss) | 9901 | -€2,914 | €1,599 | +€4,513 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +8080.0% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +8080.0% |
| Financial charges | 65/66B | €254 | €2,064 | +€1,810 | +713.7% |
| Recurring financial charges | 65 | €254 | €2,064 | +€1,810 | +713.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,168 | -€461 | +€2,707 | +85.5% |
| Income taxes | 67/77 | €928 | €1,574 | +€646 | +69.7% |
| Profit (loss) for the period | 9904 | -€4,096 | -€2,035 | +€2,061 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,096 | -€2,035 | +€2,061 | +50.3% |
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 4 October 2026 via checked.be.