KANAALKOM: 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.
KANAALKOM
Largest movements
- Stocks and contracts -€2.0m
down €2.0m (-27.3%), from €7.2m to €5.3m
- Receivables within one year -€440,609
down €440,609 (-80.1%), from €550,141 to €109,532
- Debts after one year -€2.4m
down €2.4m (-43.8%), from €5.4m to €3.0m
- Trade debts -€312,500
down €312,500 (-93.8%), from €333,026 to €20,526
- Profit (loss) carried forward +€162,126
up €162,126 (+12.6%), from -€1.3m to -€1.1m
- Financial charges -€162,557
down €162,557 (-45.8%), from €355,140 to €192,583
- Gross operating margin -€95,374
down €95,374 (-21.1%), from €452,234 to €356,860
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 | €7,842,421 | €5,402,318 | -€2.4m | -31.1% |
| Fixed assets | 21/28 | €125 | - | -€125 | |
| Financial fixed assets | 28 | €125 | - | -€125 | |
| Current assets | 29/58 | €7,842,296 | €5,402,318 | -€2.4m | -31.1% |
| Stocks and contracts in progress | 3 | €7,247,653 | €5,271,317 | -€2.0m | -27.3% |
| Stocks | 30/36 | €7,247,653 | €5,271,317 | -€2.0m | -27.3% |
| Amounts receivable within one year | 40/41 | €550,141 | €109,532 | -€440,609 | -80.1% |
| Trade receivables | 40 | €550,141 | €109,532 | -€440,609 | -80.1% |
| Cash at bank and in hand | 54/58 | €44,503 | €21,469 | -€23,034 | -51.8% |
| Total equity and liabilities | 10/49 | €7,842,421 | €5,402,318 | -€2.4m | -31.1% |
| Equity | 10/15 | €2,007,729 | €2,169,856 | +€162,126 | +8.1% |
| Contributions | 10/11 | €3,266,617 | €3,266,617 | = | 0.0% |
| Capital | 10 | €3,266,617 | €3,266,617 | = | 0.0% |
| Issued capital | 100 | €3,266,617 | €3,266,617 | = | 0.0% |
| Reserves | 13 | €26,662 | €26,662 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,662 | €26,662 | = | 0.0% |
| Legal reserve | 130 | €26,662 | €26,662 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,285,549 | -€1,123,423 | +€162,126 | +12.6% |
| Amounts payable | 17/49 | €5,834,692 | €3,232,462 | -€2.6m | -44.6% |
| Amounts payable after more than one year | 17 | €5,375,631 | €3,021,803 | -€2.4m | -43.8% |
| Financial debts | 170/4 | €5,375,631 | €3,021,803 | -€2.4m | -43.8% |
| Amounts payable within one year | 42/48 | €459,061 | €210,659 | -€248,402 | -54.1% |
| Trade debts | 44 | €333,026 | €20,526 | -€312,500 | -93.8% |
| Suppliers | 440/4 | €333,026 | €20,526 | -€312,500 | -93.8% |
| Advances received on contracts in progress | 46 | €126,035 | €189,566 | +€63,531 | +50.4% |
| Taxes, remuneration and social security | 45 | - | €568 | +€568 | |
| Taxes | 450/3 | - | €568 | +€568 | |
| Other operating charges | 640/8 | €1,160 | €2,150 | +€990 | +85.3% |
| Gross operating margin | 9900 | €452,234 | €356,860 | -€95,374 | -21.1% |
| Operating profit (loss) | 9901 | €451,074 | €354,709 | -€96,364 | -21.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €355,140 | €192,583 | -€162,557 | -45.8% |
| Recurring financial charges | 65 | €355,140 | €192,583 | -€162,557 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €95,933 | €162,126 | +€66,193 | +69.0% |
| Profit (loss) for the period | 9904 | €95,933 | €162,126 | +€66,193 | +69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €95,933 | €162,126 | +€66,193 | +69.0% |
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.