KAIZY: 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.
KAIZY
Largest movements
- Current investments -€24,855
down €24,855 (-17.8%), from €139,488 to €114,633
- Cash +€17,441
up €17,441 (+76.9%), from €22,678 to €40,119
mainly Current investments (+€24,855) and Other debts (+€1,905)
- Provisions -€9,320
down €9,320 (-5.9%), from €157,938 to €148,618
- Other debts +€1,905
up €1,905 (+45.6%), from €4,180 to €6,085
- Provisions -€1,450
down €1,450 (-18.4%), from -€7,870 to -€9,320
- Gross operating margin -€1,106
down €1,106 (-10.6%), from -€10,469 to -€11,575
- Purchases and services +€1,106
up €1,106 (+10.6%), from €10,469 to €11,575
- Financial charges +€179
up €179 (+97.3%), from €184 to €363
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 | €162,166 | €154,751 | -€7,415 | -4.6% |
| Current assets | 29/58 | €162,166 | €154,751 | -€7,415 | -4.6% |
| Current investments | 50/53 | €139,488 | €114,633 | -€24,855 | -17.8% |
| Cash at bank and in hand | 54/58 | €22,678 | €40,119 | +€17,441 | +76.9% |
| Total equity and liabilities | 10/49 | €162,166 | €154,751 | -€7,415 | -4.6% |
| Equity | 10/15 | €48 | €47 | -€1 | -1.5% |
| Profit (loss) carried forward | 14 | €48 | €47 | -€1 | -1.5% |
| Provisions and deferred taxes | 16 | €157,938 | €148,618 | -€9,320 | -5.9% |
| Provisions for liabilities and charges | 160/5 | €157,938 | €148,618 | -€9,320 | -5.9% |
| Pensions and similar obligations | 160 | €157,938 | €148,618 | -€9,320 | -5.9% |
| Amounts payable | 17/49 | €4,180 | €6,085 | +€1,905 | +45.6% |
| Amounts payable within one year | 42/48 | €4,180 | €6,085 | +€1,905 | +45.6% |
| Other amounts payable | 47/48 | €4,180 | €6,085 | +€1,905 | +45.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,469 | €11,575 | +€1,106 | +10.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€7,870 | -€9,320 | -€1,450 | -18.4% |
| Other operating charges | 640/8 | €603 | €694 | +€91 | +15.1% |
| Gross operating margin | 9900 | -€10,469 | -€11,575 | -€1,106 | -10.6% |
| Operating profit (loss) | 9901 | -€3,202 | -€2,949 | +€253 | +7.9% |
| Financial income | 75/76B | €3,384 | €3,312 | -€72 | -2.1% |
| Recurring financial income | 75 | €3,384 | €3,312 | -€72 | -2.1% |
| Financial charges | 65/66B | €184 | €363 | +€179 | +97.3% |
| Recurring financial charges | 65 | €184 | €363 | +€179 | +97.3% |
| Profit (loss) for the period before taxes | 9903 | -€2 | -€0 | +€2 | +75.5% |
| Profit (loss) for the period | 9904 | -€2 | -€0 | +€2 | +75.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2 | -€0 | +€2 | +75.5% |
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 24 October 2026 via checked.be.