Kanandah: 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.
Kanandah
Largest movements
- Cash -€70,281
down €70,281 (-26.0%), from €270,093 to €199,811
mainly Other debts (-€150,000) and Receivables within one year (-€3,633)
- Receivables within one year +€3,633
up €3,633 (+28.5%), from €12,737 to €16,370
of which Trade receivables: +€2,841
- Other debts -€150,000
down €150,000 (-100.0%), from €150,020 to €20
- Reserves +€82,912
up €82,912 (+69.7%), from €118,890 to €201,802
- Financial income +€1,951
up €1,951 (+19,514,000%), from €0 to €1,951
- Gross operating margin -€1,944
down €1,944 (-1.8%), from €108,717 to €106,773
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 | €290,694 | €223,726 | -€66,968 | -23.0% |
| Fixed assets | 21/28 | €1,841 | €748 | -€1,093 | -59.3% |
| Tangible fixed assets | 22/27 | €1,841 | €748 | -€1,093 | -59.3% |
| Furniture and vehicles | 24 | €1,841 | €748 | -€1,093 | -59.3% |
| Current assets | 29/58 | €288,853 | €222,978 | -€65,876 | -22.8% |
| Amounts receivable within one year | 40/41 | €12,737 | €16,370 | +€3,633 | +28.5% |
| Trade receivables | 40 | €12,132 | €14,974 | +€2,841 | +23.4% |
| Other amounts receivable | 41 | €605 | €1,397 | +€792 | +131% |
| Current investments | 50/53 | €3,600 | €3,600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €270,093 | €199,811 | -€70,281 | -26.0% |
| Deferred charges and accrued income | 490/1 | €2,424 | €3,196 | +€772 | +31.9% |
| Total equity and liabilities | 10/49 | €290,694 | €223,726 | -€66,968 | -23.0% |
| Equity | 10/15 | €137,490 | €220,402 | +€82,912 | +60.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,890 | €201,802 | +€82,912 | +69.7% |
| Distributable reserves | 133 | €118,890 | €201,802 | +€82,912 | +69.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €153,204 | €3,324 | -€149,880 | -97.8% |
| Amounts payable within one year | 42/48 | €152,204 | €2,324 | -€149,880 | -98.5% |
| Financial debts | 43 | €1,192 | €1,045 | -€146 | -12.3% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €1,192 | €1,045 | -€146 | -12.3% |
| Trade debts | 44 | €265 | €210 | -€55 | -20.9% |
| Suppliers | 440/4 | €265 | €210 | -€55 | -20.9% |
| Taxes, remuneration and social security | 45 | €728 | €1,049 | +€321 | +44.1% |
| Taxes | 450/3 | €728 | €1,049 | +€321 | +44.1% |
| Other amounts payable | 47/48 | €150,020 | €20 | -€150,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,079 | €1,093 | +€14 | +1.3% |
| Other operating charges | 640/8 | €1,211 | €1,250 | +€39 | +3.2% |
| Non-recurring operating charges | 66A | €420 | €0 | -€420 | -100% |
| Gross operating margin | 9900 | €108,717 | €106,773 | -€1,944 | -1.8% |
| Operating profit (loss) | 9901 | €106,007 | €104,431 | -€1,576 | -1.5% |
| Financial income | 75/76B | €0 | €1,951 | +€1,951 | +19,514,000% |
| Recurring financial income | 75 | €0 | €1,951 | +€1,951 | +19,514,000% |
| Financial charges | 65/66B | €383 | €302 | -€81 | -21.1% |
| Recurring financial charges | 65 | €383 | €302 | -€81 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €105,624 | €106,080 | +€456 | +0.4% |
| Income taxes | 67/77 | €23,405 | €23,168 | -€237 | -1.0% |
| Profit (loss) for the period | 9904 | €82,219 | €82,912 | +€693 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €82,219 | €82,912 | +€693 | +0.8% |
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 28 October 2026 via checked.be.