Kairos: 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.
Kairos
Largest movements
- Tangible fixed assets -€8,444
down €8,444 (-36.3%), from €23,287 to €14,843
of which Furniture and vehicles: -€4,559
- Receivables within one year -€3,485
down €3,485 (-40.9%), from €8,521 to €5,036
of which Trade receivables: -€3,158
- Financial fixed assets -€2,263
down €2,263 (-92.4%), from €2,448 to €185
- Stocks and contracts -€1,722
down €1,722 (-21.6%), from €7,960 to €6,238
- Deferred charges and accrued income +€1,236
up €1,236 (+36.1%), from €3,428 to €4,664
- Profit (loss) carried forward -€41,560
down €41,560 (-42.3%), from €98,322 to €56,762
- Tax, wage and social debts +€15,250
up €15,250 (+133%), from €11,468 to €26,718
of which Remuneration and social security: +€10,316
- Provisions +€10,000
new in 2025: €10,000
- Trade debts +€1,223
up €1,223 (+39.1%), from €3,131 to €4,354
- Other operating income -€36,755
down €36,755 (-25.7%), from €143,069 to €106,314
- Staff costs -€26,711
down €26,711 (-18.5%), from €144,768 to €118,057
- Turnover -€20,209
down €20,209 (-23.8%), from €84,988 to €64,779
- Services and other goods -€14,742
down €14,742 (-25.3%), from €58,321 to €43,579
- Write-downs -€11,405
down €11,405, from €8,018 to -€3,387
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 | €116,868 | €102,061 | -€14,807 | -12.7% |
| Fixed assets | 21/28 | €25,735 | €15,028 | -€10,707 | -41.6% |
| Tangible fixed assets | 22/27 | €23,287 | €14,843 | -€8,444 | -36.3% |
| Plant, machinery and equipment | 23 | €7,712 | €3,827 | -€3,885 | -50.4% |
| Furniture and vehicles | 24 | €15,575 | €11,016 | -€4,559 | -29.3% |
| Financial fixed assets | 28 | €2,448 | €185 | -€2,263 | -92.4% |
| Other financial fixed assets | 284/8 | €2,448 | €185 | -€2,263 | -92.4% |
| Amounts receivable and cash guarantees | 285/8 | €2,448 | €185 | -€2,263 | -92.4% |
| Current assets | 29/58 | €91,133 | €87,033 | -€4,100 | -4.5% |
| Stocks and contracts in progress | 3 | €7,960 | €6,238 | -€1,722 | -21.6% |
| Stocks | 30/36 | €7,960 | €6,238 | -€1,722 | -21.6% |
| Goods purchased for resale | 34 | €7,960 | €6,238 | -€1,722 | -21.6% |
| Amounts receivable within one year | 40/41 | €8,521 | €5,036 | -€3,485 | -40.9% |
| Trade receivables | 40 | €6,750 | €3,592 | -€3,158 | -46.8% |
| Other amounts receivable | 41 | €1,771 | €1,444 | -€327 | -18.5% |
| Cash at bank and in hand | 54/58 | €71,224 | €71,095 | -€129 | -0.2% |
| Deferred charges and accrued income | 490/1 | €3,428 | €4,664 | +€1,236 | +36.1% |
| Total equity and liabilities | 10/49 | €116,868 | €102,061 | -€14,807 | -12.7% |
| Equity | 10/15 | €98,322 | €56,762 | -€41,560 | -42.3% |
| Profit (loss) carried forward | 14 | €98,322 | €56,762 | -€41,560 | -42.3% |
| Provisions and deferred taxes | 16 | - | €10,000 | +€10,000 | |
| Provisions for liabilities and charges | 160/5 | - | €10,000 | +€10,000 | |
| Other liabilities and charges | 164/5 | - | €10,000 | +€10,000 | |
| Amounts payable | 17/49 | €18,545 | €35,299 | +€16,754 | +90.3% |
| Amounts payable within one year | 42/48 | €14,599 | €31,072 | +€16,473 | +113% |
| Trade debts | 44 | €3,131 | €4,354 | +€1,223 | +39.1% |
| Suppliers | 440/4 | €3,131 | €4,354 | +€1,223 | +39.1% |
| Taxes, remuneration and social security | 45 | €11,468 | €26,718 | +€15,250 | +133% |
| Taxes | 450/3 | €0 | €4,934 | +€4,934 | |
| Remuneration and social security | 454/9 | €11,468 | €21,784 | +€10,316 | +90.0% |
| Accrued charges and deferred income | 492/3 | €3,947 | €4,227 | +€280 | +7.1% |
| Operating income | 70/76A | €228,056 | €171,093 | -€56,963 | -25.0% |
| Turnover | 70 | €84,988 | €64,779 | -€20,209 | -23.8% |
| Other operating income | 74 | €143,069 | €106,314 | -€36,755 | -25.7% |
| Operating charges | 60/66A | €278,036 | €209,505 | -€68,531 | -24.6% |
| Goods for resale, raw materials and consumables | 60 | €30,754 | €30,438 | -€316 | -1.0% |
| Purchases | 600/8 | €33,198 | €25,329 | -€7,869 | -23.7% |
| Change in stocks: decrease (increase) | 609 | -€2,444 | €5,109 | +€7,553 | |
| Services and other goods | 61 | €58,321 | €43,579 | -€14,742 | -25.3% |
| Remuneration, social security and pensions | 62 | €144,768 | €118,057 | -€26,711 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,258 | €10,022 | -€2,236 | -18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,018 | -€3,387 | -€11,405 | |
| Other operating charges | 640/8 | €2,472 | €796 | -€1,676 | -67.8% |
| Non-recurring operating charges | 66A | €21,445 | - | -€21,445 | |
| Operating profit (loss) | 9901 | -€49,979 | -€38,412 | +€11,567 | +23.1% |
| Financial income | 75/76B | €0 | €74 | +€74 | |
| Recurring financial income | 75 | €0 | €74 | +€74 | |
| Other financial income | 752/9 | €0 | €74 | +€74 | |
| Financial charges | 65/66B | €2,490 | €3,003 | +€513 | +20.6% |
| Recurring financial charges | 65 | €2,490 | €3,003 | +€513 | +20.6% |
| Debt charges | 650 | €2,452 | €2,934 | +€482 | +19.7% |
| Other financial charges | 652/9 | €38 | €69 | +€31 | +83.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€52,469 | -€41,341 | +€11,128 | +21.2% |
| Income taxes | 67/77 | €119 | €219 | +€100 | +84.5% |
| Taxes | 670/3 | €119 | €219 | +€100 | +84.5% |
| Profit (loss) for the period | 9904 | -€52,588 | -€41,560 | +€11,028 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,588 | -€41,560 | +€11,028 | +21.0% |
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 26 October 2026 via checked.be.