KAI TJAA: 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.
KAI TJAA
Largest movements
- Cash -€4,499
down €4,499 (-25.8%), from €17,404 to €12,905
mainly Tax, wage and social debts (-€7,009) and Other debts (-€2,384)
- Stocks and contracts +€2,339
up €2,339 (+354%), from €661 to €3,000
- Tangible fixed assets +€1,170
up €1,170 (+28.1%), from €4,159 to €5,329
of which Furniture and vehicles: +€1,359
- Tax, wage and social debts -€7,009
down €7,009 (-84.0%), from €8,348 to €1,340
of which Remuneration and social security: -€4,509
- Trade debts +€6,354
up €6,354 (+258%), from €2,463 to €8,817
- Other debts -€2,384
down €2,384 (-2.9%), from €81,965 to €79,581
- Profit (loss) carried forward +€2,049
up €2,049 (+2.7%), from -€76,535 to -€74,486
- Gross operating margin -€8,117
down €8,117 (-26.6%), from €30,560 to €22,444
- Financial charges +€4,146
up €4,146 (+302%), from €1,372 to €5,518
- Depreciation -€2,709
down €2,709 (-85.3%), from €3,176 to €467
- Other operating charges +€858
up €858 (+18.7%), from €4,598 to €5,456
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 | €22,441 | €21,452 | -€990 | -4.4% |
| Fixed assets | 21/28 | €4,376 | €5,546 | +€1,170 | +26.7% |
| Tangible fixed assets | 22/27 | €4,159 | €5,329 | +€1,170 | +28.1% |
| Plant, machinery and equipment | 23 | €1,574 | €1,385 | -€189 | -12.0% |
| Furniture and vehicles | 24 | €2,585 | €3,944 | +€1,359 | +52.6% |
| Financial fixed assets | 28 | €217 | €217 | = | 0.0% |
| Current assets | 29/58 | €18,065 | €15,905 | -€2,160 | -12.0% |
| Stocks and contracts in progress | 3 | €661 | €3,000 | +€2,339 | +354% |
| Stocks | 30/36 | €661 | €3,000 | +€2,339 | +354% |
| Cash at bank and in hand | 54/58 | €17,404 | €12,905 | -€4,499 | -25.8% |
| Total equity and liabilities | 10/49 | €22,441 | €21,452 | -€990 | -4.4% |
| Equity | 10/15 | -€70,335 | -€68,286 | +€2,049 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,535 | -€74,486 | +€2,049 | +2.7% |
| Amounts payable | 17/49 | €92,777 | €89,738 | -€3,039 | -3.3% |
| Amounts payable within one year | 42/48 | €92,777 | €89,738 | -€3,039 | -3.3% |
| Trade debts | 44 | €2,463 | €8,817 | +€6,354 | +258% |
| Suppliers | 440/4 | €2,463 | €8,817 | +€6,354 | +258% |
| Taxes, remuneration and social security | 45 | €8,348 | €1,340 | -€7,009 | -84.0% |
| Taxes | 450/3 | €3,839 | €1,340 | -€2,499 | -65.1% |
| Remuneration and social security | 454/9 | €4,509 | - | -€4,509 | |
| Other amounts payable | 47/48 | €81,965 | €79,581 | -€2,384 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,176 | €467 | -€2,709 | -85.3% |
| Other operating charges | 640/8 | €4,598 | €5,456 | +€858 | +18.7% |
| Non-recurring operating charges | 66A | - | €8,958 | +€8,958 | |
| Gross operating margin | 9900 | €30,560 | €22,444 | -€8,117 | -26.6% |
| Operating profit (loss) | 9901 | €22,787 | €7,563 | -€15,224 | -66.8% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,372 | €5,518 | +€4,146 | +302% |
| Recurring financial charges | 65 | €1,372 | €5,518 | +€4,146 | +302% |
| Profit (loss) for the period before taxes | 9903 | €21,415 | €2,049 | -€19,366 | -90.4% |
| Profit (loss) for the period | 9904 | €21,415 | €2,049 | -€19,366 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,415 | €2,049 | -€19,366 | -90.4% |
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 15 October 2026 via checked.be.