KAHYA N: 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.
KAHYA N
Largest movements
- Cash +€87,101
up €87,101 (+803%), from €10,843 to €97,944
mainly Net result for the year (+€43,774) and Receivables within one year (+€19,463)
- Receivables within one year -€19,463
down €19,463 (-88.2%), from €22,070 to €2,608
of which Trade receivables: -€20,346
- Tangible fixed assets -€8,662
down €8,662 (-20.4%), from €42,387 to €33,725
of which Other tangible fixed assets: -€8,452
- Deferred charges and accrued income -€1,632
down €1,632 (-49.8%), from €3,278 to €1,646
- Profit (loss) carried forward +€43,774
up €43,774 (+91.5%), from €47,818 to €91,592
- Tax, wage and social debts +€16,206
up €16,206 (+159%), from €10,177 to €26,383
- Trade debts -€2,652
down €2,652 (-71.0%), from €3,737 to €1,085
- Gross operating margin +€25,562
up €25,562 (+52.4%), from €48,767 to €74,329
- Depreciation +€8,121
up €8,121 (+1,501%), from €541 to €8,662
- Taxes +€6,893
up €6,893 (+67.7%), from €10,177 to €17,071
- Other operating charges -€1,482
down €1,482 (-27.8%), from €5,324 to €3,842
- Financial charges +€844
up €844 (+622%), from €136 to €980
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 | €82,277 | €139,520 | +€57,243 | +69.6% |
| Fixed assets | 21/28 | €45,678 | €37,016 | -€8,662 | -19.0% |
| Tangible fixed assets | 22/27 | €42,387 | €33,725 | -€8,662 | -20.4% |
| Plant, machinery and equipment | 23 | €18 | - | -€18 | |
| Furniture and vehicles | 24 | €317 | €125 | -€192 | -60.6% |
| Other tangible fixed assets | 26 | €42,052 | €33,600 | -€8,452 | -20.1% |
| Financial fixed assets | 28 | €3,291 | €3,291 | = | 0.0% |
| Current assets | 29/58 | €36,599 | €102,504 | +€65,905 | +180% |
| Stocks and contracts in progress | 3 | €408 | €306 | -€102 | -25.0% |
| Stocks | 30/36 | €408 | €306 | -€102 | -25.0% |
| Amounts receivable within one year | 40/41 | €22,070 | €2,608 | -€19,463 | -88.2% |
| Trade receivables | 40 | €20,346 | - | -€20,346 | |
| Other amounts receivable | 41 | €1,724 | €2,608 | +€884 | +51.3% |
| Cash at bank and in hand | 54/58 | €10,843 | €97,944 | +€87,101 | +803% |
| Deferred charges and accrued income | 490/1 | €3,278 | €1,646 | -€1,632 | -49.8% |
| Total equity and liabilities | 10/49 | €82,277 | €139,520 | +€57,243 | +69.6% |
| Equity | 10/15 | €68,278 | €112,052 | +€43,774 | +64.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| 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 | €47,818 | €91,592 | +€43,774 | +91.5% |
| Amounts payable | 17/49 | €13,999 | €27,468 | +€13,469 | +96.2% |
| Amounts payable within one year | 42/48 | €13,999 | €27,468 | +€13,469 | +96.2% |
| Trade debts | 44 | €3,737 | €1,085 | -€2,652 | -71.0% |
| Suppliers | 440/4 | €3,737 | €1,085 | -€2,652 | -71.0% |
| Taxes, remuneration and social security | 45 | €10,177 | €26,383 | +€16,206 | +159% |
| Taxes | 450/3 | €10,177 | €26,383 | +€16,206 | +159% |
| Other amounts payable | 47/48 | €84 | - | -€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €541 | €8,662 | +€8,121 | +1,501% |
| Other operating charges | 640/8 | €5,324 | €3,842 | -€1,482 | -27.8% |
| Gross operating margin | 9900 | €48,767 | €74,329 | +€25,562 | +52.4% |
| Operating profit (loss) | 9901 | €42,901 | €61,825 | +€18,923 | +44.1% |
| Financial charges | 65/66B | €136 | €980 | +€844 | +622% |
| Recurring financial charges | 65 | €136 | €980 | +€844 | +622% |
| Profit (loss) for the period before taxes | 9903 | €42,765 | €60,845 | +€18,079 | +42.3% |
| Income taxes | 67/77 | €10,177 | €17,071 | +€6,893 | +67.7% |
| Profit (loss) for the period | 9904 | €32,588 | €43,774 | +€11,186 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,588 | €43,774 | +€11,186 | +34.3% |
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 23 October 2026 via checked.be.