Kaizen Collective: 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.
Kaizen Collective
Largest movements
- Current investments +€33,500
new in 2025: €33,500
- Cash +€25,984
up €25,984 (+90.0%), from €28,879 to €54,863
mainly Debts after one year (+€50,000) and Net result for the year (+€24,052)
- Receivables within one year +€9,450
up €9,450 (+873%), from €1,083 to €10,533
of which Trade receivables: +€8,753
- Receivables after one year +€5,300
up €5,300 (+177%), from €3,000 to €8,300
- Deferred charges and accrued income +€3,196
up €3,196 (+643%), from €497 to €3,693
- Debts after one year +€50,000
new in 2025: €50,000
- Profit (loss) carried forward +€24,052
up €24,052 (+106%), from €22,598 to €46,650
- Tax, wage and social debts +€1,496
up €1,496 (+16.1%), from €9,321 to €10,817
- Trade debts +€1,307
up €1,307 (+595%), from €220 to €1,527
- Gross operating margin +€16,008
up €16,008 (+92.3%), from €17,350 to €33,358
- Taxes +€3,316
up €3,316 (+73.7%), from €4,502 to €7,818
- Financial charges +€704
up €704 (+437%), from €161 to €865
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 | €34,138 | €111,183 | +€77,045 | +226% |
| Fixed assets | 21/28 | €680 | €294 | -€385 | -56.7% |
| Tangible fixed assets | 22/27 | €680 | €294 | -€385 | -56.7% |
| Furniture and vehicles | 24 | €680 | €294 | -€385 | -56.7% |
| Current assets | 29/58 | €33,459 | €110,889 | +€77,430 | +231% |
| Amounts receivable after more than one year | 29 | €3,000 | €8,300 | +€5,300 | +177% |
| Other amounts receivable | 291 | €3,000 | €8,300 | +€5,300 | +177% |
| Amounts receivable within one year | 40/41 | €1,083 | €10,533 | +€9,450 | +873% |
| Trade receivables | 40 | €447 | €9,200 | +€8,753 | +1,958% |
| Other amounts receivable | 41 | €636 | €1,333 | +€697 | +110% |
| Current investments | 50/53 | - | €33,500 | +€33,500 | |
| Cash at bank and in hand | 54/58 | €28,879 | €54,863 | +€25,984 | +90.0% |
| Deferred charges and accrued income | 490/1 | €497 | €3,693 | +€3,196 | +643% |
| Total equity and liabilities | 10/49 | €34,138 | €111,183 | +€77,045 | +226% |
| Equity | 10/15 | €24,598 | €48,650 | +€24,052 | +97.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,598 | €46,650 | +€24,052 | +106% |
| Amounts payable | 17/49 | €9,540 | €62,533 | +€52,993 | +555% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €9,540 | €12,533 | +€2,993 | +31.4% |
| Trade debts | 44 | €220 | €1,527 | +€1,307 | +595% |
| Suppliers | 440/4 | €220 | €1,527 | +€1,307 | +595% |
| Taxes, remuneration and social security | 45 | €9,321 | €10,817 | +€1,496 | +16.1% |
| Taxes | 450/3 | €9,321 | €10,817 | +€1,496 | +16.1% |
| Other amounts payable | 47/48 | - | €190 | +€190 | |
| Non-recurring operating income | 76A | €240 | €240 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387 | €385 | -€1 | -0.3% |
| Other operating charges | 640/8 | €249 | €461 | +€211 | +84.8% |
| Gross operating margin | 9900 | €17,350 | €33,358 | +€16,008 | +92.3% |
| Operating profit (loss) | 9901 | €16,714 | €32,512 | +€15,798 | +94.5% |
| Financial income | 75/76B | €0 | €223 | +€223 | +49,536% |
| Recurring financial income | 75 | €0 | €223 | +€223 | +49,536% |
| Financial charges | 65/66B | €161 | €865 | +€704 | +437% |
| Recurring financial charges | 65 | €161 | €865 | +€704 | +437% |
| Profit (loss) for the period before taxes | 9903 | €16,554 | €31,870 | +€15,316 | +92.5% |
| Income taxes | 67/77 | €4,502 | €7,818 | +€3,316 | +73.7% |
| Profit (loss) for the period | 9904 | €12,052 | €24,052 | +€12,000 | +99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,052 | €24,052 | +€12,000 | +99.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.