KAF: 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.
KAF
Largest movements
- Cash -€21,928
down €21,928 (-66.9%), from €32,758 to €10,830
mainly Net result for the year (-€16,968) and Other debts (-€5,172)
- Receivables within one year +€1,038
up €1,038 (+49.0%), from €2,119 to €3,157
- Profit (loss) carried forward -€16,968
down €16,968, from €9,254 to -€7,714
- Other debts -€5,172
no longer reported in 2025 (was €5,172)
- Accrued charges and deferred income +€1,250
new in 2025: €1,250
- Gross operating margin -€58,166
down €58,166, from €41,473 to -€16,693
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 | €34,877 | €13,988 | -€20,889 | -59.9% |
| Current assets | 29/58 | €34,877 | €13,988 | -€20,889 | -59.9% |
| Amounts receivable within one year | 40/41 | €2,119 | €3,157 | +€1,038 | +49.0% |
| Other amounts receivable | 41 | €2,119 | €3,157 | +€1,038 | +49.0% |
| Cash at bank and in hand | 54/58 | €32,758 | €10,830 | -€21,928 | -66.9% |
| Total equity and liabilities | 10/49 | €34,877 | €13,988 | -€20,889 | -59.9% |
| Equity | 10/15 | €29,705 | €12,738 | -€16,968 | -57.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Other | 1319 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €9,254 | -€7,714 | -€16,968 | |
| Amounts payable | 17/49 | €5,172 | €1,250 | -€3,922 | -75.8% |
| Amounts payable within one year | 42/48 | €5,172 | - | -€5,172 | |
| Other amounts payable | 47/48 | €5,172 | - | -€5,172 | |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Other operating charges | 640/8 | €169 | €327 | +€157 | +93.1% |
| Gross operating margin | 9900 | €41,473 | -€16,693 | -€58,166 | |
| Operating profit (loss) | 9901 | €41,303 | -€17,020 | -€58,323 | |
| Financial income | 75/76B | €181 | €143 | -€38 | -21.2% |
| Recurring financial income | 75 | €181 | €143 | -€38 | -21.2% |
| Financial charges | 65/66B | €294 | €48 | -€246 | -83.7% |
| Recurring financial charges | 65 | €294 | €48 | -€246 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | €41,190 | -€16,925 | -€58,115 | |
| Income taxes | 67/77 | €54 | €43 | -€11 | -21.0% |
| Profit (loss) for the period | 9904 | €41,136 | -€16,968 | -€58,104 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,136 | -€16,968 | -€58,104 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.