KALL: 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.
KALL
Largest movements
- Cash +€55,796
up €55,796 (+64.7%), from €86,283 to €142,078
mainly Other debts (+€150,949) and Debts after one year (+€130,856)
- Tangible fixed assets -€34,731
down €34,731 (-11.1%), from €313,925 to €279,194
- Receivables within one year +€7,182
up €7,182 (+31.8%), from €22,601 to €29,784
of which Other amounts receivable: +€5,844
- Profit (loss) carried forward -€275,916
down €275,916 (-98.9%), from €279,110 to €3,194
- Other debts +€150,949
up €150,949 (+202.7%), from €74,485 to €225,433
- Debts after one year +€130,856
new in 2025: €130,856
- Current portion of long-term debt +€38,286
new in 2025: €38,286
- Trade debts -€20,874
down €20,874 (-48.3%), from €43,248 to €22,374
- Staff costs +€22,243
up €22,243 (+21.7%), from €102,677 to €124,920
- Financial charges +€11,690
up €11,690 (+108.6%), from €10,765 to €22,455
- Taxes -€9,351
down €9,351 (-33.4%), from €27,955 to €18,605
- Gross operating margin -€5,742
down €5,742 (-2.3%), from €251,079 to €245,337
- Depreciation -€4,537
down €4,537 (-16.1%), from €28,104 to €23,567
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 | €441,524 | €470,692 | +€29,168 | +6.6% |
| Fixed assets | 21/28 | €314,375 | €279,644 | -€34,731 | -11.0% |
| Tangible fixed assets | 22/27 | €313,925 | €279,194 | -€34,731 | -11.1% |
| Land and buildings | 22 | €274,649 | €259,903 | -€14,746 | -5.4% |
| Plant, machinery and equipment | 23 | €25,272 | €17,793 | -€7,479 | -29.6% |
| Furniture and vehicles | 24 | €14,003 | €1,498 | -€12,505 | -89.3% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €127,149 | €191,048 | +€63,899 | +50.3% |
| Stocks and contracts in progress | 3 | €16,734 | €18,224 | +€1,490 | +8.9% |
| Stocks | 30/36 | €16,734 | €18,224 | +€1,490 | +8.9% |
| Amounts receivable within one year | 40/41 | €22,601 | €29,784 | +€7,182 | +31.8% |
| Trade receivables | 40 | €363 | €1,701 | +€1,338 | +369.1% |
| Other amounts receivable | 41 | €22,239 | €28,083 | +€5,844 | +26.3% |
| Cash at bank and in hand | 54/58 | €86,283 | €142,078 | +€55,796 | +64.7% |
| Deferred charges and accrued income | 490/1 | €1,532 | €962 | -€570 | -37.2% |
| Total equity and liabilities | 10/49 | €441,524 | €470,692 | +€29,168 | +6.6% |
| Equity | 10/15 | €299,570 | €23,654 | -€275,916 | -92.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,110 | €3,194 | -€275,916 | -98.9% |
| Amounts payable | 17/49 | €141,954 | €447,038 | +€305,084 | +214.9% |
| Amounts payable after more than one year | 17 | - | €130,856 | +€130,856 | |
| Financial debts | 170/4 | - | €130,856 | +€130,856 | |
| Amounts payable within one year | 42/48 | €141,954 | €316,182 | +€174,228 | +122.7% |
| Current portion of amounts payable after more than one year | 42 | - | €38,286 | +€38,286 | |
| Trade debts | 44 | €43,248 | €22,374 | -€20,874 | -48.3% |
| Suppliers | 440/4 | €43,248 | €22,374 | -€20,874 | -48.3% |
| Taxes, remuneration and social security | 45 | €24,222 | €30,088 | +€5,867 | +24.2% |
| Taxes | 450/3 | €6,588 | €12,726 | +€6,138 | +93.2% |
| Remuneration and social security | 454/9 | €17,633 | €17,362 | -€271 | -1.5% |
| Other amounts payable | 47/48 | €74,485 | €225,433 | +€150,949 | +202.7% |
| Remuneration, social security and pensions | 62 | €102,677 | €124,920 | +€22,243 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,104 | €23,567 | -€4,537 | -16.1% |
| Other operating charges | 640/8 | €3,386 | €4,095 | +€708 | +20.9% |
| Non-recurring operating charges | 66A | €3,852 | €3,606 | -€246 | -6.4% |
| Gross operating margin | 9900 | €251,079 | €245,337 | -€5,742 | -2.3% |
| Operating profit (loss) | 9901 | €113,060 | €89,150 | -€23,910 | -21.1% |
| Financial income | 75/76B | €295 | €994 | +€700 | +237.5% |
| Recurring financial income | 75 | €295 | €994 | +€700 | +237.5% |
| Financial charges | 65/66B | €10,765 | €22,455 | +€11,690 | +108.6% |
| Recurring financial charges | 65 | €10,765 | €22,455 | +€11,690 | +108.6% |
| Profit (loss) for the period before taxes | 9903 | €102,590 | €67,689 | -€34,901 | -34.0% |
| Income taxes | 67/77 | €27,955 | €18,605 | -€9,351 | -33.4% |
| Profit (loss) for the period | 9904 | €74,634 | €49,084 | -€25,550 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,634 | €49,084 | -€25,550 | -34.2% |
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 30 September 2026 via checked.be.