KAHLOON: 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.
KAHLOON
Largest movements
- Tangible fixed assets -€4,229
down €4,229 (-40.4%), from €10,455 to €6,227
- Receivables within one year +€2,258
up €2,258 (+174%), from €1,295 to €3,553
of which Trade receivables: +€2,679
- Cash -€2,049
down €2,049 (-46.3%), from €4,427 to €2,378
mainly Trade debts (-€7,389) and Receivables within one year (-€2,258)
- Trade debts -€7,389
down €7,389 (-91.9%), from €8,044 to €655
- Other debts +€4,341
new in 2025: €4,341
- Current portion of long-term debt -€1,204
no longer reported in 2025 (was €1,204)
- Profit (loss) carried forward +€721
up €721 (+5.1%), from -€14,022 to -€13,301
- Tax, wage and social debts -€489
down €489 (-45.2%), from €1,081 to €592
- Gross operating margin +€891
up €891 (+14.9%), from €5,991 to €6,882
- Depreciation +€756
up €756 (+21.8%), from €3,472 to €4,229
- Financial charges +€147
up €147 (+66.1%), from €223 to €370
- Other operating charges -€105
down €105 (-6.3%), from €1,667 to €1,562
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 | €16,766 | €12,747 | -€4,019 | -24.0% |
| Fixed assets | 21/28 | €10,455 | €6,227 | -€4,229 | -40.4% |
| Tangible fixed assets | 22/27 | €10,455 | €6,227 | -€4,229 | -40.4% |
| Furniture and vehicles | 24 | €10,455 | €6,227 | -€4,229 | -40.4% |
| Current assets | 29/58 | €6,311 | €6,520 | +€209 | +3.3% |
| Amounts receivable within one year | 40/41 | €1,295 | €3,553 | +€2,258 | +174% |
| Trade receivables | 40 | €150 | €2,829 | +€2,679 | +1,786% |
| Other amounts receivable | 41 | €1,145 | €724 | -€421 | -36.7% |
| Cash at bank and in hand | 54/58 | €4,427 | €2,378 | -€2,049 | -46.3% |
| Deferred charges and accrued income | 490/1 | €589 | €589 | = | 0.0% |
| Total equity and liabilities | 10/49 | €16,766 | €12,747 | -€4,019 | -24.0% |
| Equity | 10/15 | €6,438 | €7,159 | +€721 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,022 | -€13,301 | +€721 | +5.1% |
| Amounts payable | 17/49 | €10,328 | €5,588 | -€4,741 | -45.9% |
| Amounts payable within one year | 42/48 | €10,328 | €5,588 | -€4,741 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €1,204 | - | -€1,204 | |
| Trade debts | 44 | €8,044 | €655 | -€7,389 | -91.9% |
| Suppliers | 440/4 | €8,044 | €655 | -€7,389 | -91.9% |
| Taxes, remuneration and social security | 45 | €1,081 | €592 | -€489 | -45.2% |
| Taxes | 450/3 | €1,081 | €592 | -€489 | -45.2% |
| Other amounts payable | 47/48 | - | €4,341 | +€4,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,472 | €4,229 | +€756 | +21.8% |
| Other operating charges | 640/8 | €1,667 | €1,562 | -€105 | -6.3% |
| Gross operating margin | 9900 | €5,991 | €6,882 | +€891 | +14.9% |
| Operating profit (loss) | 9901 | €851 | €1,091 | +€240 | +28.2% |
| Financial charges | 65/66B | €223 | €370 | +€147 | +66.1% |
| Recurring financial charges | 65 | €223 | €370 | +€147 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | €628 | €721 | +€93 | +14.8% |
| Profit (loss) for the period | 9904 | €628 | €721 | +€93 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €628 | €721 | +€93 | +14.8% |
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 16 October 2026 via checked.be.