KAN10: 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.
KAN10
Largest movements
- Cash +€182,900
up €182,900 (+107.5%), from €170,149 to €353,049
mainly Net result for the year (+€245,584) and Other debts (+€19,088)
- Tangible fixed assets +€61,447
up €61,447 (+1651.5%), from €3,721 to €65,168
of which Furniture and vehicles: +€39,127
- Stocks and contracts +€13,491
up €13,491 (+355.5%), from €3,795 to €17,286
- Intangible fixed assets +€8,000
new in 2025: €8,000
- Reserves +€195,893
new in 2025: €195,893
- Profit (loss) carried forward +€49,691
no longer reported in 2025 (was -€49,691)
- Other debts +€19,088
up €19,088 (+21.7%), from €87,904 to €106,992
- Trade debts +€6,729
up €6,729 (+29.6%), from €22,742 to €29,471
- Gross operating margin +€557,507
up €557,507 (+247.5%), from €225,228 to €782,735
- Staff costs +€310,578
up €310,578 (+304.6%), from €101,976 to €412,554
- Taxes +€69,813
up €69,813 (+211.9%), from €32,941 to €102,754
- Depreciation +€15,357
up €15,357 (+16763.7%), from €92 to €15,449
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 | €178,396 | €446,785 | +€268,389 | +150.4% |
| Fixed assets | 21/28 | €3,721 | €73,168 | +€69,447 | +1866.5% |
| Intangible fixed assets | 21 | - | €8,000 | +€8,000 | |
| Tangible fixed assets | 22/27 | €3,721 | €65,168 | +€61,447 | +1651.5% |
| Plant, machinery and equipment | 23 | €2,093 | €24,412 | +€22,320 | +1066.6% |
| Furniture and vehicles | 24 | €1,628 | €40,756 | +€39,127 | +2403.2% |
| Current assets | 29/58 | €174,676 | €373,617 | +€198,942 | +113.9% |
| Stocks and contracts in progress | 3 | €3,795 | €17,286 | +€13,491 | +355.5% |
| Stocks | 30/36 | €3,795 | €17,286 | +€13,491 | +355.5% |
| Amounts receivable within one year | 40/41 | €277 | €3,283 | +€3,006 | +1084.8% |
| Trade receivables | 40 | - | €49 | +€49 | |
| Other amounts receivable | 41 | €277 | €3,235 | +€2,958 | +1067.3% |
| Cash at bank and in hand | 54/58 | €170,149 | €353,049 | +€182,900 | +107.5% |
| Deferred charges and accrued income | 490/1 | €455 | - | -€455 | |
| Total equity and liabilities | 10/49 | €178,396 | €446,785 | +€268,389 | +150.4% |
| Equity | 10/15 | -€31,091 | €214,493 | +€245,584 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €195,893 | +€195,893 | |
| Distributable reserves | 133 | - | €195,893 | +€195,893 | |
| Profit (loss) carried forward | 14 | -€49,691 | - | +€49,691 | |
| Amounts payable | 17/49 | €209,487 | €232,292 | +€22,805 | +10.9% |
| Amounts payable within one year | 42/48 | €209,487 | €232,292 | +€22,805 | +10.9% |
| Trade debts | 44 | €22,742 | €29,471 | +€6,729 | +29.6% |
| Suppliers | 440/4 | €22,742 | €29,471 | +€6,729 | +29.6% |
| Taxes, remuneration and social security | 45 | €98,841 | €95,829 | -€3,012 | -3.0% |
| Taxes | 450/3 | €72,022 | €49,939 | -€22,083 | -30.7% |
| Remuneration and social security | 454/9 | €26,819 | €45,890 | +€19,071 | +71.1% |
| Other amounts payable | 47/48 | €87,904 | €106,992 | +€19,088 | +21.7% |
| Remuneration, social security and pensions | 62 | €101,976 | €412,554 | +€310,578 | +304.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92 | €15,449 | +€15,357 | +16763.7% |
| Other operating charges | 640/8 | €307 | €1,218 | +€912 | +297.0% |
| Gross operating margin | 9900 | €225,228 | €782,735 | +€557,507 | +247.5% |
| Operating profit (loss) | 9901 | €122,854 | €353,514 | +€230,660 | +187.8% |
| Financial income | 75/76B | - | €369 | +€369 | |
| Recurring financial income | 75 | - | €369 | +€369 | |
| Financial charges | 65/66B | €2,475 | €5,544 | +€3,069 | +124.0% |
| Recurring financial charges | 65 | €2,475 | €5,544 | +€3,069 | +124.0% |
| Profit (loss) for the period before taxes | 9903 | €120,378 | €348,339 | +€227,960 | +189.4% |
| Income taxes | 67/77 | €32,941 | €102,754 | +€69,813 | +211.9% |
| Profit (loss) for the period | 9904 | €87,437 | €245,584 | +€158,147 | +180.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,437 | €245,584 | +€158,147 | +180.9% |
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.