KALYAAN: 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.
KALYAAN
Largest movements
- Stocks and contracts +€10,464
up €10,464 (+239%), from €4,370 to €14,835
- Cash -€1,986
down €1,986 (-67.0%), from €2,963 to €977
mainly Stocks and contracts (-€10,464) and Other debts (-€10,265)
- Tangible fixed assets -€1,299
no longer reported in 2025 (was €1,299)
- Receivables within one year +€1,013
up €1,013 (+3,444%), from €29 to €1,043
of which Other amounts receivable: +€963
- Debts after one year +€12,365
new in 2025: €12,365
- Profit (loss) carried forward +€12,012
up €12,012 (+30.3%), from -€39,695 to -€27,683
- Other debts -€10,265
down €10,265 (-37.2%), from €27,576 to €17,310
- Tax, wage and social debts -€9,774
down €9,774 (-88.6%), from €11,037 to €1,263
- Current portion of long-term debt +€5,367
up €5,367 (+345%), from €1,554 to €6,921
- Gross operating margin +€8,070
up €8,070 (+121%), from €6,672 to €14,742
- Depreciation -€4,157
no longer reported in 2025 (was €4,157)
- Financial charges +€258
up €258 (+27.6%), from €934 to €1,192
- Other operating charges +€209
up €209 (+18.4%), from €1,139 to €1,348
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 | €8,662 | €16,962 | +€8,300 | +95.8% |
| Fixed assets | 21/28 | €1,299 | - | -€1,299 | |
| Tangible fixed assets | 22/27 | €1,299 | - | -€1,299 | |
| Leasing and similar rights | 25 | €1,299 | - | -€1,299 | |
| Current assets | 29/58 | €7,363 | €16,962 | +€9,599 | +130% |
| Stocks and contracts in progress | 3 | €4,370 | €14,835 | +€10,464 | +239% |
| Stocks | 30/36 | €4,370 | €14,835 | +€10,464 | +239% |
| Amounts receivable within one year | 40/41 | €29 | €1,043 | +€1,013 | +3,444% |
| Trade receivables | 40 | - | €50 | +€50 | |
| Other amounts receivable | 41 | €29 | €993 | +€963 | +3,274% |
| Cash at bank and in hand | 54/58 | €2,963 | €977 | -€1,986 | -67.0% |
| Deferred charges and accrued income | 490/1 | - | €107 | +€107 | |
| Total equity and liabilities | 10/49 | €8,662 | €16,962 | +€8,300 | +95.8% |
| Equity | 10/15 | -€36,695 | -€24,683 | +€12,012 | +32.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,695 | -€27,683 | +€12,012 | +30.3% |
| Amounts payable | 17/49 | €45,357 | €41,645 | -€3,712 | -8.2% |
| Amounts payable after more than one year | 17 | - | €12,365 | +€12,365 | |
| Financial debts | 170/4 | - | €12,365 | +€12,365 | |
| Amounts payable within one year | 42/48 | €45,357 | €29,280 | -€16,077 | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €1,554 | €6,921 | +€5,367 | +345% |
| Financial debts | 43 | €708 | €1,114 | +€406 | +57.4% |
| Credit institutions | 430/8 | €708 | €1,114 | +€406 | +57.4% |
| Trade debts | 44 | €4,483 | €2,672 | -€1,811 | -40.4% |
| Suppliers | 440/4 | €4,483 | €2,672 | -€1,811 | -40.4% |
| Taxes, remuneration and social security | 45 | €11,037 | €1,263 | -€9,774 | -88.6% |
| Taxes | 450/3 | €11,037 | €1,263 | -€9,774 | -88.6% |
| Other amounts payable | 47/48 | €27,576 | €17,310 | -€10,265 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,157 | - | -€4,157 | |
| Other operating charges | 640/8 | €1,139 | €1,348 | +€209 | +18.4% |
| Gross operating margin | 9900 | €6,672 | €14,742 | +€8,070 | +121% |
| Operating profit (loss) | 9901 | €1,377 | €13,394 | +€12,018 | +873% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €934 | €1,192 | +€258 | +27.6% |
| Recurring financial charges | 65 | €934 | €1,192 | +€258 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €443 | €12,202 | +€11,759 | +2,656% |
| Income taxes | 67/77 | €173 | €190 | +€17 | +9.9% |
| Profit (loss) for the period | 9904 | €270 | €12,012 | +€11,742 | +4,354% |
| Profit (loss) for the period to be appropriated | 9905 | €270 | €12,012 | +€11,742 | +4,354% |
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 23 October 2026 via checked.be.