KALA: what changed
Two fiscal 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.
KALA
Largest movements
- Current investments +€474,460
up €474,460 (+16.3%), from €2.9m to €3.4m
- Cash -€189,153
down €189,153 (-27.3%), from €691,875 to €502,722
mainly Current investments (-€474,460) and Contributions, distributions and other (-€357,143)
- Reserves +€301,655
up €301,655 (+4.7%), from €6.4m to €6.7m
- Financial income -€66,055
down €66,055 (-8.0%), from €821,655 to €755,599
- Financial charges +€7,330
up €7,330, from -€2,596 to €4,735
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.
Cash bridge derived
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 | €6,421,595 | €6,723,431 | +€301,836 | +4.7% |
| Fixed assets | 21/28 | €2,809,534 | €2,809,535 | +€1 | 0.0% |
| Financial fixed assets | 28 | €2,809,534 | €2,809,535 | +€1 | 0.0% |
| Current assets | 29/58 | €3,612,061 | €3,913,896 | +€301,835 | +8.4% |
| Amounts receivable within one year | 40/41 | €10,250 | €26,778 | +€16,528 | +161.2% |
| Other amounts receivable | 41 | €10,250 | €26,778 | +€16,528 | +161.2% |
| Current investments | 50/53 | €2,909,936 | €3,384,396 | +€474,460 | +16.3% |
| Cash at bank and in hand | 54/58 | €691,875 | €502,722 | -€189,153 | -27.3% |
| Total equity and liabilities | 10/49 | €6,421,595 | €6,723,431 | +€301,836 | +4.7% |
| Equity | 10/15 | €6,420,659 | €6,722,314 | +€301,655 | +4.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €6,395,659 | €6,697,314 | +€301,655 | +4.7% |
| Distributable reserves | 133 | €6,395,659 | €6,697,314 | +€301,655 | +4.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €936 | €1,117 | +€181 | +19.3% |
| Amounts payable within one year | 42/48 | €936 | €1,117 | +€181 | +19.3% |
| Trade debts | 44 | €936 | €1,116 | +€180 | +19.2% |
| Suppliers | 440/4 | €936 | €1,116 | +€180 | +19.2% |
| Other amounts payable | 47/48 | - | €1 | +€1 | |
| Other operating charges | 640/8 | €968 | €1,060 | +€93 | +9.6% |
| Gross operating margin | 9900 | -€90,678 | -€91,006 | -€328 | -0.4% |
| Operating profit (loss) | 9901 | -€91,646 | -€92,067 | -€421 | -0.5% |
| Financial income | 75/76B | €821,655 | €755,599 | -€66,055 | -8.0% |
| Recurring financial income | 75 | €821,655 | €755,599 | -€66,055 | -8.0% |
| Financial charges | 65/66B | -€2,596 | €4,735 | +€7,330 | |
| Recurring financial charges | 65 | -€2,596 | €4,735 | +€7,330 | |
| Profit (loss) for the period before taxes | 9903 | €732,605 | €658,798 | -€73,807 | -10.1% |
| Profit (loss) for the period | 9904 | €732,605 | €658,798 | -€73,807 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €732,605 | €658,798 | -€73,807 | -10.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.