KAINVEST: 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.
KAINVEST
Largest movements
- Tangible fixed assets +€8,811
up €8,811 (+11.5%), from €76,591 to €85,402
of which Land and buildings: +€10,000
- Receivables within one year +€6,029
up €6,029 (+7.6%), from €79,081 to €85,110
of which Trade receivables: +€6,105
- Cash +€4,660
up €4,660 (+317%), from €1,468 to €6,128
mainly Trade debts (+€11,542) and Other debts (+€11,434)
- Trade debts +€11,542
up €11,542 (+279%), from €4,140 to €15,683
- Other debts +€11,434
up €11,434 (+2.4%), from €474,784 to €486,218
- Profit (loss) carried forward -€8,112
down €8,112 (-2.1%), from -€382,449 to -€390,561
- Accrued charges and deferred income +€5,300
up €5,300 (+1,919%), from €276 to €5,576
- Gross operating margin -€12,055
down €12,055 (-73.8%), from €16,345 to €4,290
- Depreciation -€1,405
down €1,405 (-54.1%), from €2,594 to €1,189
- Financial charges -€1,093
down €1,093 (-82.1%), from €1,331 to €238
- Other operating charges +€382
up €382 (+3.6%), from €10,593 to €10,975
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 | €161,390 | €181,564 | +€20,174 | +12.5% |
| Fixed assets | 21/28 | €80,027 | €88,837 | +€8,811 | +11.0% |
| Tangible fixed assets | 22/27 | €76,591 | €85,402 | +€8,811 | +11.5% |
| Land and buildings | 22 | €63,213 | €73,213 | +€10,000 | +15.8% |
| Furniture and vehicles | 24 | €11,410 | €11,410 | -€0 | 0.0% |
| Other tangible fixed assets | 26 | €1,968 | €779 | -€1,189 | -60.4% |
| Financial fixed assets | 28 | €3,436 | €3,436 | = | 0.0% |
| Current assets | 29/58 | €81,363 | €92,726 | +€11,363 | +14.0% |
| Amounts receivable within one year | 40/41 | €79,081 | €85,110 | +€6,029 | +7.6% |
| Trade receivables | 40 | €73,505 | €79,610 | +€6,105 | +8.3% |
| Other amounts receivable | 41 | €5,576 | €5,500 | -€76 | -1.4% |
| Cash at bank and in hand | 54/58 | €1,468 | €6,128 | +€4,660 | +317% |
| Deferred charges and accrued income | 490/1 | €814 | €1,488 | +€674 | +82.8% |
| Total equity and liabilities | 10/49 | €161,390 | €181,564 | +€20,174 | +12.5% |
| Equity | 10/15 | -€317,811 | -€325,923 | -€8,112 | -2.6% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €638 | €638 | = | 0.0% |
| Non-distributable reserves | 130/1 | €638 | €638 | = | 0.0% |
| Legal reserve | 130 | €638 | €638 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,449 | -€390,561 | -€8,112 | -2.1% |
| Amounts payable | 17/49 | €479,201 | €507,486 | +€28,285 | +5.9% |
| Amounts payable within one year | 42/48 | €478,925 | €501,910 | +€22,986 | +4.8% |
| Trade debts | 44 | €4,140 | €15,683 | +€11,542 | +279% |
| Suppliers | 440/4 | €4,140 | €15,683 | +€11,542 | +279% |
| Taxes, remuneration and social security | 45 | - | €10 | +€10 | |
| Taxes | 450/3 | - | €10 | +€10 | |
| Other amounts payable | 47/48 | €474,784 | €486,218 | +€11,434 | +2.4% |
| Accrued charges and deferred income | 492/3 | €276 | €5,576 | +€5,300 | +1,919% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,594 | €1,189 | -€1,405 | -54.1% |
| Other operating charges | 640/8 | €10,593 | €10,975 | +€382 | +3.6% |
| Gross operating margin | 9900 | €16,345 | €4,290 | -€12,055 | -73.8% |
| Operating profit (loss) | 9901 | €3,158 | -€7,874 | -€11,032 | |
| Financial income | 75/76B | €19 | €1 | -€19 | -97.3% |
| Recurring financial income | 75 | €19 | €1 | -€19 | -97.3% |
| Financial charges | 65/66B | €1,331 | €238 | -€1,093 | -82.1% |
| Recurring financial charges | 65 | €1,331 | €238 | -€1,093 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | €1,846 | -€8,112 | -€9,958 | |
| Profit (loss) for the period | 9904 | €1,846 | -€8,112 | -€9,958 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,846 | -€8,112 | -€9,958 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.