KAH COMPANY: 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.
KAH COMPANY
Largest movements
- Cash -€19,776
down €19,776 (-48.8%), from €40,562 to €20,786
mainly Receivables within one year (-€17,554) and Investment in fixed assets (net) (-€15,643)
- Receivables within one year +€17,554
up €17,554 (+44.0%), from €39,860 to €57,414
of which Other amounts receivable: +€12,834
- Tangible fixed assets +€13,832
new in 2025: €13,832
- Profit (loss) carried forward +€14,967
up €14,967 (+33.2%), from €45,103 to €60,070
- Tax, wage and social debts -€7,109
down €7,109 (-37.3%), from €19,081 to €11,973
of which Remuneration and social security: -€12,137
- Trade debts +€4,502
up €4,502 (+40.0%), from €11,264 to €15,766
- Taxes +€9,391
new in 2025: €9,391
- Other operating charges +€8,661
up €8,661 (+188%), from €4,598 to €13,259
- Gross operating margin +€5,149
up €5,149 (+13.2%), from €39,027 to €44,176
- Financial charges +€4,866
up €4,866 (+771%), from €631 to €5,497
- Depreciation +€1,061
new in 2025: €1,061
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 | €80,448 | €92,809 | +€12,361 | +15.4% |
| Fixed assets | 21/28 | - | €14,582 | +€14,582 | |
| Tangible fixed assets | 22/27 | - | €13,832 | +€13,832 | |
| Furniture and vehicles | 24 | - | €13,832 | +€13,832 | |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €80,448 | €78,227 | -€2,222 | -2.8% |
| Amounts receivable within one year | 40/41 | €39,860 | €57,414 | +€17,554 | +44.0% |
| Trade receivables | 40 | €21,800 | €26,520 | +€4,720 | +21.7% |
| Other amounts receivable | 41 | €18,060 | €30,894 | +€12,834 | +71.1% |
| Cash at bank and in hand | 54/58 | €40,562 | €20,786 | -€19,776 | -48.8% |
| Deferred charges and accrued income | 490/1 | €27 | €27 | +€0 | +1.2% |
| Total equity and liabilities | 10/49 | €80,448 | €92,809 | +€12,361 | +15.4% |
| Equity | 10/15 | €50,103 | €65,070 | +€14,967 | +29.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,103 | €60,070 | +€14,967 | +33.2% |
| Amounts payable | 17/49 | €30,345 | €27,739 | -€2,607 | -8.6% |
| Amounts payable within one year | 42/48 | €30,345 | €27,739 | -€2,607 | -8.6% |
| Trade debts | 44 | €11,264 | €15,766 | +€4,502 | +40.0% |
| Suppliers | 440/4 | €11,264 | €15,766 | +€4,502 | +40.0% |
| Taxes, remuneration and social security | 45 | €19,081 | €11,973 | -€7,109 | -37.3% |
| Taxes | 450/3 | €6,944 | €11,973 | +€5,029 | +72.4% |
| Remuneration and social security | 454/9 | €12,137 | - | -€12,137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,061 | +€1,061 | |
| Other operating charges | 640/8 | €4,598 | €13,259 | +€8,661 | +188% |
| Gross operating margin | 9900 | €39,027 | €44,176 | +€5,149 | +13.2% |
| Operating profit (loss) | 9901 | €34,428 | €29,856 | -€4,573 | -13.3% |
| Financial charges | 65/66B | €631 | €5,497 | +€4,866 | +771% |
| Recurring financial charges | 65 | €631 | €5,497 | +€4,866 | +771% |
| Profit (loss) for the period before taxes | 9903 | €33,797 | €24,358 | -€9,439 | -27.9% |
| Income taxes | 67/77 | - | €9,391 | +€9,391 | |
| Profit (loss) for the period | 9904 | €33,797 | €14,967 | -€18,830 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,797 | €14,967 | -€18,830 | -55.7% |
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 31 October 2026 via checked.be.