KAFIL HOLDING: 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.
KAFIL HOLDING
Largest movements
- Tangible fixed assets -€70,205
down €70,205 (-5.4%), from €1.3m to €1.2m
of which Land and buildings: -€70,205
- Receivables within one year +€46,735
up €46,735 (+11.8%), from €395,597 to €442,332
of which Other amounts receivable: +€46,735
- Profit (loss) carried forward -€29,094
down €29,094 (-1.1%), from €2.7m to €2.6m
- Gross operating margin +€19,161
up €19,161 (+91.2%), from €20,998 to €40,159
- Purchases and services -€13,984
down €13,984 (-27.2%), from €51,396 to €37,412
- Taxes -€5,112
down €5,112, from €3,213 to -€1,899
- Other operating charges -€4,541
down €4,541 (-67.3%), from €6,748 to €2,207
- Financial income -€3,057
down €3,057 (-68.8%), from €4,443 to €1,386
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 | €2,741,681 | €2,712,490 | -€29,190 | -1.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,141,752 | €2,071,547 | -€70,205 | -3.3% |
| Tangible fixed assets | 22/27 | €1,311,500 | €1,241,295 | -€70,205 | -5.4% |
| Land and buildings | 22 | €1,311,500 | €1,241,295 | -€70,205 | -5.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Financial fixed assets | 28 | €830,252 | €830,252 | = | 0.0% |
| Current assets | 29/58 | €599,928 | €640,943 | +€41,014 | +6.8% |
| Amounts receivable within one year | 40/41 | €395,597 | €442,332 | +€46,735 | +11.8% |
| Trade receivables | 40 | €77 | €77 | = | 0.0% |
| Other amounts receivable | 41 | €395,519 | €442,255 | +€46,735 | +11.8% |
| Cash at bank and in hand | 54/58 | €197,024 | €197,228 | +€204 | +0.1% |
| Deferred charges and accrued income | 490/1 | €7,308 | €1,383 | -€5,925 | -81.1% |
| Total equity and liabilities | 10/49 | €2,741,681 | €2,712,490 | -€29,190 | -1.1% |
| Equity | 10/15 | €2,731,550 | €2,702,455 | -€29,094 | -1.1% |
| Contributions | 10/11 | €63,263 | €63,263 | = | 0.0% |
| Capital | 10 | €63,263 | €63,263 | = | 0.0% |
| Issued capital | 100 | €63,263 | €63,263 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,662,087 | €2,632,992 | -€29,094 | -1.1% |
| Amounts payable | 17/49 | €10,131 | €10,035 | -€96 | -0.9% |
| Amounts payable within one year | 42/48 | €10,035 | €10,035 | = | 0.0% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,035 | €10,035 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €96 | €0 | -€96 | -100% |
| Turnover | 70 | €66,611 | €67,440 | +€829 | +1.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,396 | €37,412 | -€13,984 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,231 | €70,205 | -€26 | 0.0% |
| Other operating charges | 640/8 | €6,748 | €2,207 | -€4,541 | -67.3% |
| Gross operating margin | 9900 | €20,998 | €40,159 | +€19,161 | +91.2% |
| Operating profit (loss) | 9901 | -€55,980 | -€32,253 | +€23,728 | +42.4% |
| Financial income | 75/76B | €4,443 | €1,386 | -€3,057 | -68.8% |
| Recurring financial income | 75 | €4,443 | €1,386 | -€3,057 | -68.8% |
| Financial charges | 65/66B | €232 | €127 | -€105 | -45.3% |
| Recurring financial charges | 65 | €232 | €127 | -€105 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | -€51,769 | -€30,993 | +€20,775 | +40.1% |
| Income taxes | 67/77 | €3,213 | -€1,899 | -€5,112 | |
| Profit (loss) for the period | 9904 | -€54,982 | -€29,094 | +€25,888 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,982 | -€29,094 | +€25,888 | +47.1% |
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 28 October 2026 via checked.be.