KAFFA: 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.
KAFFA
Largest movements
- Deferred charges and accrued income +€22,408
up €22,408 (+4288.0%), from €523 to €22,931
- Cash +€6,097
up €6,097 (+375.6%), from €1,623 to €7,720
mainly Other debts (+€13,509) and Trade debts (+€13,310)
- Other debts +€13,509
up €13,509 (+3.0%), from €448,085 to €461,594
- Trade debts +€13,310
up €13,310 (+3839.9%), from €347 to €13,657
- Depreciation -€31,829
down €31,829 (-83.7%), from €38,049 to €6,220
- Gross operating margin +€8,034
up €8,034 (+27809.0%), from €29 to €8,063
- Other operating charges -€2,783
down €2,783 (-39.1%), from €7,113 to €4,330
- Financial charges -€135
down €135 (-19.4%), from €695 to €561
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 | €519,027 | €542,762 | +€23,735 | +4.6% |
| Fixed assets | 21/28 | €516,386 | €511,616 | -€4,770 | -0.9% |
| Tangible fixed assets | 22/27 | €516,361 | €511,591 | -€4,770 | -0.9% |
| Land and buildings | 22 | €514,444 | €509,865 | -€4,579 | -0.9% |
| Plant, machinery and equipment | 23 | €1,917 | €1,726 | -€190 | -9.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €2,641 | €31,146 | +€28,505 | +1079.4% |
| Amounts receivable within one year | 40/41 | €495 | €495 | = | 0.0% |
| Trade receivables | 40 | €495 | €495 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,623 | €7,720 | +€6,097 | +375.6% |
| Deferred charges and accrued income | 490/1 | €523 | €22,931 | +€22,408 | +4288.0% |
| Total equity and liabilities | 10/49 | €519,027 | €542,762 | +€23,735 | +4.6% |
| Equity | 10/15 | €69,015 | €66,016 | -€2,999 | -4.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €15,511 | €14,995 | -€517 | -3.3% |
| Non-distributable reserves | 130/1 | €3,690 | €3,690 | = | 0.0% |
| Legal reserve | 130 | €3,690 | €3,690 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,821 | €11,304 | -€517 | -4.4% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€8,470 | -€10,952 | -€2,483 | -29.3% |
| Provisions and deferred taxes | 16 | €1,086 | €914 | -€172 | -15.9% |
| Deferred taxes | 168 | €1,086 | €914 | -€172 | -15.9% |
| Amounts payable | 17/49 | €448,926 | €475,833 | +€26,907 | +6.0% |
| Amounts payable within one year | 42/48 | €448,811 | €475,833 | +€27,022 | +6.0% |
| Trade debts | 44 | €347 | €13,657 | +€13,310 | +3839.9% |
| Suppliers | 440/4 | €347 | €13,657 | +€13,310 | +3839.9% |
| Taxes, remuneration and social security | 45 | €379 | €582 | +€203 | +53.4% |
| Taxes | 450/3 | €379 | €582 | +€203 | +53.4% |
| Other amounts payable | 47/48 | €448,085 | €461,594 | +€13,509 | +3.0% |
| Accrued charges and deferred income | 492/3 | €115 | €0 | -€115 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,049 | €6,220 | -€31,829 | -83.7% |
| Other operating charges | 640/8 | €7,113 | €4,330 | -€2,783 | -39.1% |
| Gross operating margin | 9900 | €29 | €8,063 | +€8,034 | +27809.0% |
| Operating profit (loss) | 9901 | -€45,133 | -€2,487 | +€42,646 | +94.5% |
| Financial income | 75/76B | €0 | €51 | +€51 | +511400.0% |
| Recurring financial income | 75 | €0 | €51 | +€51 | +511400.0% |
| Financial charges | 65/66B | €695 | €561 | -€135 | -19.4% |
| Recurring financial charges | 65 | €695 | €561 | -€135 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€45,828 | -€2,996 | +€42,832 | +93.5% |
| Transfer from deferred taxes | 780 | €944 | €172 | -€771 | -81.7% |
| Income taxes | 67/77 | €166 | €175 | +€9 | +5.4% |
| Profit (loss) for the period | 9904 | -€45,051 | -€2,999 | +€42,052 | +93.3% |
| Transfer from tax-exempt reserves | 789 | €5,596 | €517 | -€5,079 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,456 | -€2,483 | +€36,973 | +93.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.