KALAND: 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.
KALAND
Largest movements
- Tangible fixed assets -€32,300
down €32,300 (-54.7%), from €59,025 to €26,725
- Receivables within one year +€22,305
up €22,305 (+892.2%), from €2,500 to €24,805
- Deferred charges and accrued income -€21,448
down €21,448 (-79.2%), from €27,072 to €5,624
- Cash -€7,497
down €7,497 (-92.9%), from €8,066 to €569
mainly Debts after one year (-€32,932) and Receivables within one year (-€22,305)
- Debts after one year -€32,932
no longer reported in 2025 (was €32,932)
- Profit (loss) carried forward -€8,187
down €8,187 (-47.7%), from -€17,150 to -€25,337
- Tax, wage and social debts +€3,276
up €3,276 (+549.4%), from €596 to €3,873
- Trade debts -€1,416
no longer reported in 2025 (was €1,416)
- Gross operating margin -€1,432
down €1,432 (-5.4%), from €26,664 to €25,231
- Financial charges -€402
down €402 (-35.9%), from €1,121 to €719
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 | €96,663 | €57,724 | -€38,940 | -40.3% |
| Fixed assets | 21/28 | €59,025 | €26,725 | -€32,300 | -54.7% |
| Tangible fixed assets | 22/27 | €59,025 | €26,725 | -€32,300 | -54.7% |
| Plant, machinery and equipment | 23 | €59,025 | €26,725 | -€32,300 | -54.7% |
| Current assets | 29/58 | €37,638 | €30,999 | -€6,640 | -17.6% |
| Amounts receivable within one year | 40/41 | €2,500 | €24,805 | +€22,305 | +892.2% |
| Trade receivables | 40 | €2,500 | €24,805 | +€22,305 | +892.2% |
| Cash at bank and in hand | 54/58 | €8,066 | €569 | -€7,497 | -92.9% |
| Deferred charges and accrued income | 490/1 | €27,072 | €5,624 | -€21,448 | -79.2% |
| Total equity and liabilities | 10/49 | €96,663 | €57,724 | -€38,940 | -40.3% |
| Equity | 10/15 | €28,583 | €20,396 | -€8,187 | -28.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €25,273 | €25,273 | = | 0.0% |
| Distributable reserves | 133 | €25,273 | €25,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,150 | -€25,337 | -€8,187 | -47.7% |
| Amounts payable | 17/49 | €68,080 | €37,327 | -€30,752 | -45.2% |
| Amounts payable after more than one year | 17 | €32,932 | - | -€32,932 | |
| Financial debts | 170/4 | €32,932 | - | -€32,932 | |
| Amounts payable within one year | 42/48 | €35,148 | €37,327 | +€2,179 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €32,613 | €32,932 | +€319 | +1.0% |
| Trade debts | 44 | €1,416 | - | -€1,416 | |
| Suppliers | 440/4 | €1,416 | - | -€1,416 | |
| Taxes, remuneration and social security | 45 | €596 | €3,873 | +€3,276 | +549.4% |
| Taxes | 450/3 | €596 | €3,873 | +€3,276 | +549.4% |
| Other amounts payable | 47/48 | €523 | €523 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,300 | €32,300 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €26,664 | €25,231 | -€1,432 | -5.4% |
| Operating profit (loss) | 9901 | -€6,024 | -€7,468 | -€1,445 | -24.0% |
| Financial charges | 65/66B | €1,121 | €719 | -€402 | -35.9% |
| Recurring financial charges | 65 | €1,121 | €719 | -€402 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,144 | -€8,187 | -€1,043 | -14.6% |
| Profit (loss) for the period | 9904 | -€7,144 | -€8,187 | -€1,043 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,144 | -€8,187 | -€1,043 | -14.6% |
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 9 October 2026 via checked.be.