KAILUX: 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.
KAILUX
Largest movements
- Receivables within one year -€65,281
down €65,281 (-78.8%), from €82,837 to €17,556
of which Trade receivables: -€61,745
- Cash +€25,233
up €25,233 (+28.9%), from €87,250 to €112,484
mainly Receivables within one year (+€65,281) and Trade debts (+€5,669)
- Profit (loss) carried forward -€44,333
down €44,333 (-84.3%), from €52,577 to €8,245
- Trade debts +€5,669
up €5,669 (+96.5%), from €5,875 to €11,544
- Gross operating margin -€109,715
down €109,715, from €68,854 to -€40,861
- Taxes -€8,497
no longer reported in 2025 (was €8,497)
- Staff costs -€2,133
no longer reported in 2025 (was €2,133)
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 | €172,932 | €133,969 | -€38,963 | -22.5% |
| Fixed assets | 21/28 | €1,943 | €2,778 | +€836 | +43.0% |
| Tangible fixed assets | 22/27 | €443 | €1,278 | +€836 | +189% |
| Plant, machinery and equipment | 23 | €443 | - | -€443 | |
| Furniture and vehicles | 24 | - | €1,278 | +€1,278 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €170,989 | €131,191 | -€39,798 | -23.3% |
| Amounts receivable within one year | 40/41 | €82,837 | €17,556 | -€65,281 | -78.8% |
| Trade receivables | 40 | €69,710 | €7,965 | -€61,745 | -88.6% |
| Other amounts receivable | 41 | €13,127 | €9,591 | -€3,536 | -26.9% |
| Cash at bank and in hand | 54/58 | €87,250 | €112,484 | +€25,233 | +28.9% |
| Deferred charges and accrued income | 490/1 | €901 | €1,151 | +€249 | +27.7% |
| Total equity and liabilities | 10/49 | €172,932 | €133,969 | -€38,963 | -22.5% |
| Equity | 10/15 | €158,315 | €113,982 | -€44,333 | -28.0% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €92,738 | €92,738 | = | 0.0% |
| Non-distributable reserves | 130/1 | €650 | €650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €650 | €650 | = | 0.0% |
| Distributable reserves | 133 | €92,088 | €92,088 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,577 | €8,245 | -€44,333 | -84.3% |
| Amounts payable | 17/49 | €14,617 | €19,987 | +€5,370 | +36.7% |
| Amounts payable within one year | 42/48 | €14,617 | €19,987 | +€5,370 | +36.7% |
| Trade debts | 44 | €5,875 | €11,544 | +€5,669 | +96.5% |
| Suppliers | 440/4 | €5,875 | €11,544 | +€5,669 | +96.5% |
| Taxes, remuneration and social security | 45 | €8,741 | €8,442 | -€299 | -3.4% |
| Taxes | 450/3 | €8,741 | €8,442 | -€299 | -3.4% |
| Remuneration, social security and pensions | 62 | €2,133 | - | -€2,133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €759 | €956 | +€198 | +26.1% |
| Other operating charges | 640/8 | €3,391 | €3,333 | -€58 | -1.7% |
| Gross operating margin | 9900 | €68,854 | -€40,861 | -€109,715 | |
| Operating profit (loss) | 9901 | €62,570 | -€45,151 | -€107,721 | |
| Financial income | 75/76B | €682 | €1,115 | +€433 | +63.5% |
| Recurring financial income | 75 | €682 | €1,115 | +€433 | +63.5% |
| Financial charges | 65/66B | €674 | €296 | -€378 | -56.1% |
| Recurring financial charges | 65 | €674 | €296 | -€378 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €62,578 | -€44,333 | -€106,911 | |
| Income taxes | 67/77 | €8,497 | - | -€8,497 | |
| Profit (loss) for the period | 9904 | €54,081 | -€44,333 | -€98,414 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,081 | -€44,333 | -€98,414 |
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 19 October 2026 via checked.be.