KAFKAS 76: 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.
KAFKAS 76
Largest movements
- Receivables within one year +€1,222
up €1,222 (+28.6%), from €4,275 to €5,497
- Cash -€669
down €669 (-18.6%), from €3,597 to €2,928
mainly Contributions, distributions and other (-€3,000) and Receivables within one year (-€1,222)
- Tangible fixed assets +€521
new in 2025: €521
- Stocks and contracts +€254
up €254 (+10.9%), from €2,341 to €2,595
- Profit (loss) carried forward +€953
up €953 (+141%), from €678 to €1,632
- Trade debts +€530
up €530 (+37.9%), from €1,397 to €1,927
- Gross operating margin -€35,440
down €35,440 (-43.7%), from €81,042 to €45,602
- Staff costs -€32,266
down €32,266 (-47.4%), from €68,094 to €35,828
- Financial charges -€2,902
down €2,902 (-48.4%), from €5,998 to €3,096
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 | €16,203 | €17,651 | +€1,448 | +8.9% |
| Fixed assets | 21/28 | €5,990 | €6,511 | +€521 | +8.7% |
| Tangible fixed assets | 22/27 | - | €521 | +€521 | |
| Plant, machinery and equipment | 23 | - | €521 | +€521 | |
| Financial fixed assets | 28 | €5,990 | €5,990 | = | 0.0% |
| Current assets | 29/58 | €10,213 | €11,140 | +€927 | +9.1% |
| Stocks and contracts in progress | 3 | €2,341 | €2,595 | +€254 | +10.9% |
| Stocks | 30/36 | €2,341 | €2,595 | +€254 | +10.9% |
| Amounts receivable within one year | 40/41 | €4,275 | €5,497 | +€1,222 | +28.6% |
| Other amounts receivable | 41 | €4,275 | €5,497 | +€1,222 | +28.6% |
| Cash at bank and in hand | 54/58 | €3,597 | €2,928 | -€669 | -18.6% |
| Deferred charges and accrued income | 490/1 | - | €120 | +€120 | |
| Total equity and liabilities | 10/49 | €16,203 | €17,651 | +€1,448 | +8.9% |
| Equity | 10/15 | €678 | €1,632 | +€953 | +141% |
| Profit (loss) carried forward | 14 | €678 | €1,632 | +€953 | +141% |
| Amounts payable | 17/49 | €15,525 | €16,020 | +€495 | +3.2% |
| Amounts payable within one year | 42/48 | €15,525 | €16,020 | +€495 | +3.2% |
| Trade debts | 44 | €1,397 | €1,927 | +€530 | +37.9% |
| Suppliers | 440/4 | €1,397 | €1,927 | +€530 | +37.9% |
| Taxes, remuneration and social security | 45 | €11,128 | €11,092 | -€35 | -0.3% |
| Taxes | 450/3 | €4,437 | €7,183 | +€2,746 | +61.9% |
| Remuneration and social security | 454/9 | €6,691 | €3,909 | -€2,782 | -41.6% |
| Other amounts payable | 47/48 | €3,000 | €3,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €68,094 | €35,828 | -€32,266 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8 | +€8 | |
| Other operating charges | 640/8 | €1,958 | €1,615 | -€343 | -17.5% |
| Gross operating margin | 9900 | €81,042 | €45,602 | -€35,440 | -43.7% |
| Operating profit (loss) | 9901 | €10,991 | €8,152 | -€2,839 | -25.8% |
| Financial income | 75/76B | €375 | €442 | +€67 | +17.8% |
| Recurring financial income | 75 | €375 | €442 | +€67 | +17.8% |
| Financial charges | 65/66B | €5,998 | €3,096 | -€2,902 | -48.4% |
| Recurring financial charges | 65 | €5,998 | €3,096 | -€2,902 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €5,368 | €5,498 | +€130 | +2.4% |
| Income taxes | 67/77 | €1,690 | €1,544 | -€145 | -8.6% |
| Profit (loss) for the period | 9904 | €3,678 | €3,953 | +€275 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,678 | €3,953 | +€275 | +7.5% |
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 19 October 2026 via checked.be.