KAILIN: what changed
Two fiscal 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.
KAILIN
Largest movements
- Cash -€43,713
down €43,713 (-41.1%), from €106,347 to €62,634
mainly Contributions, distributions and other (-€161,000) and Receivables within one year (-€4,645)
- Receivables within one year +€4,645
up €4,645 (+10.1%), from €46,013 to €50,658
of which Other amounts receivable: +€3,361
- Profit (loss) carried forward -€54,242
down €54,242 (-99.3%), from €54,624 to €382
- Other debts +€14,554
up €14,554 (+18.6%), from €78,085 to €92,639
- Tax, wage and social debts +€2,550
up €2,550 (+18.9%), from €13,500 to €16,050
- Reserves -€1,860
down €1,860 (-100.0%), from €1,860 to €0
- Gross operating margin +€11,678
up €11,678 (+9.2%), from €126,646 to €138,325
- Taxes +€2,871
up €2,871 (+10.4%), from €27,480 to €30,350
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.
Cash bridge derived
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 | €167,505 | €128,729 | -€38,776 | -23.1% |
| Fixed assets | 21/28 | €14,705 | €14,974 | +€270 | +1.8% |
| Tangible fixed assets | 22/27 | €14,705 | €14,974 | +€270 | +1.8% |
| Plant, machinery and equipment | 23 | €1,257 | €802 | -€455 | -36.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €13,448 | €14,173 | +€724 | +5.4% |
| Current assets | 29/58 | €152,800 | €113,755 | -€39,045 | -25.6% |
| Amounts receivable within one year | 40/41 | €46,013 | €50,658 | +€4,645 | +10.1% |
| Trade receivables | 40 | €41,753 | €43,037 | +€1,284 | +3.1% |
| Other amounts receivable | 41 | €4,260 | €7,621 | +€3,361 | +78.9% |
| Cash at bank and in hand | 54/58 | €106,347 | €62,634 | -€43,713 | -41.1% |
| Deferred charges and accrued income | 490/1 | €440 | €463 | +€24 | +5.3% |
| Total equity and liabilities | 10/49 | €167,505 | €128,729 | -€38,776 | -23.1% |
| Equity | 10/15 | €75,084 | €18,982 | -€56,102 | -74.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | €54,624 | €382 | -€54,242 | -99.3% |
| Amounts payable | 17/49 | €92,421 | €109,747 | +€17,326 | +18.7% |
| Amounts payable within one year | 42/48 | €92,421 | €109,747 | +€17,326 | +18.7% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €836 | €1,059 | +€223 | +26.6% |
| Suppliers | 440/4 | €836 | €1,059 | +€223 | +26.6% |
| Taxes, remuneration and social security | 45 | €13,500 | €16,050 | +€2,550 | +18.9% |
| Taxes | 450/3 | €13,500 | €16,050 | +€2,550 | +18.9% |
| Other amounts payable | 47/48 | €78,085 | €92,639 | +€14,554 | +18.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,171 | €2,230 | +€60 | +2.8% |
| Other operating charges | 640/8 | €795 | €817 | +€22 | +2.7% |
| Gross operating margin | 9900 | €126,646 | €138,325 | +€11,678 | +9.2% |
| Operating profit (loss) | 9901 | €123,680 | €135,277 | +€11,597 | +9.4% |
| Financial income | 75/76B | €71 | €49 | -€22 | -31.1% |
| Recurring financial income | 75 | €71 | €49 | -€22 | -31.1% |
| Financial charges | 65/66B | €222 | €77 | -€145 | -65.2% |
| Recurring financial charges | 65 | €222 | €77 | -€145 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €123,529 | €135,249 | +€11,720 | +9.5% |
| Income taxes | 67/77 | €27,480 | €30,350 | +€2,871 | +10.4% |
| Profit (loss) for the period | 9904 | €96,049 | €104,898 | +€8,849 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €96,049 | €104,898 | +€8,849 | +9.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.