KALOU: 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.
KALOU
Largest movements
- Receivables within one year -€250,852
down €250,852 (-82.9%), from €302,745 to €51,893
of which Trade receivables: -€253,722
- Cash -€87,873
down €87,873 (-44.3%), from €198,510 to €110,636
mainly Other debts (-€473,439) and Tax, wage and social debts (-€49,845)
- Deferred charges and accrued income -€48,189
down €48,189 (-96.4%), from €50,000 to €1,811
- Tangible fixed assets -€15,312
down €15,312 (-15.5%), from €98,653 to €83,342
of which Furniture and vehicles: -€12,737
- Other debts -€473,439
down €473,439 (-84.0%), from €563,522 to €90,082
- Reserves +€123,763
up €123,763 (+6671.8%), from €1,855 to €125,618
of which Distributable reserves: +€123,763
- Tax, wage and social debts -€49,845
down €49,845 (-80.7%), from €61,759 to €11,915
of which Taxes: -€49,845
- Gross operating margin -€306,241
down €306,241 (-62.6%), from €489,155 to €182,914
- Taxes -€79,638
down €79,638 (-68.2%), from €116,782 to €37,145
- Depreciation +€10,935
up €10,935 (+120.0%), from €9,113 to €20,048
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 | €649,908 | €247,682 | -€402,226 | -61.9% |
| Fixed assets | 21/28 | €98,653 | €83,342 | -€15,312 | -15.5% |
| Tangible fixed assets | 22/27 | €98,653 | €83,342 | -€15,312 | -15.5% |
| Furniture and vehicles | 24 | €79,938 | €67,201 | -€12,737 | -15.9% |
| Other tangible fixed assets | 26 | €18,715 | €16,141 | -€2,574 | -13.8% |
| Current assets | 29/58 | €551,254 | €164,340 | -€386,914 | -70.2% |
| Amounts receivable within one year | 40/41 | €302,745 | €51,893 | -€250,852 | -82.9% |
| Trade receivables | 40 | €302,500 | €48,778 | -€253,722 | -83.9% |
| Other amounts receivable | 41 | €245 | €3,115 | +€2,870 | +1172.4% |
| Cash at bank and in hand | 54/58 | €198,510 | €110,636 | -€87,873 | -44.3% |
| Deferred charges and accrued income | 490/1 | €50,000 | €1,811 | -€48,189 | -96.4% |
| Total equity and liabilities | 10/49 | €649,908 | €247,682 | -€402,226 | -61.9% |
| Equity | 10/15 | €20,405 | €144,168 | +€123,763 | +606.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €125,618 | +€123,763 | +6671.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €0 | €123,763 | +€123,763 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €629,503 | €103,514 | -€525,988 | -83.6% |
| Amounts payable within one year | 42/48 | €629,503 | €103,514 | -€525,988 | -83.6% |
| Trade debts | 44 | €4,222 | €1,517 | -€2,705 | -64.1% |
| Suppliers | 440/4 | €4,222 | €1,517 | -€2,705 | -64.1% |
| Taxes, remuneration and social security | 45 | €61,759 | €11,915 | -€49,845 | -80.7% |
| Taxes | 450/3 | €61,759 | €11,915 | -€49,845 | -80.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €563,522 | €90,082 | -€473,439 | -84.0% |
| Non-recurring operating income | 76A | €5,791 | €0 | -€5,791 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,113 | €20,048 | +€10,935 | +120.0% |
| Other operating charges | 640/8 | €1,564 | €1,615 | +€51 | +3.3% |
| Gross operating margin | 9900 | €489,155 | €182,914 | -€306,241 | -62.6% |
| Operating profit (loss) | 9901 | €478,479 | €161,251 | -€317,228 | -66.3% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100.0% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100.0% |
| Financial charges | 65/66B | €530 | €343 | -€187 | -35.2% |
| Recurring financial charges | 65 | €530 | €343 | -€187 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €477,955 | €160,907 | -€317,047 | -66.3% |
| Income taxes | 67/77 | €116,782 | €37,145 | -€79,638 | -68.2% |
| Profit (loss) for the period | 9904 | €361,172 | €123,763 | -€237,410 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €361,172 | €123,763 | -€237,410 | -65.7% |
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 11 October 2026 via checked.be.