KANATA: 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.
What changed
KANATA
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€9.0m
2024 · €258,429+€8.7m
Equity
€9.6m
2024 · €566,789+€9.0m
Cash
€99,639
2024 · €78,984+€20,655
Balance sheet total
€13.3m
2024 · €11.2m+€2.0m
Largest movements
Assets
- Receivables after one year +€6.3m
new in 2025: €6.3m
- Financial fixed assets -€3.9m
down €3.9m (-100%), from €3.9m to €0
- Current investments -€425,043
down €425,043 (-33.3%), from €1.3m to €850,000
Equity and liabilities
- Profit (loss) carried forward +€8.9m
up €8.9m, from -€733,211 to €8.1m
- Other debts -€6.7m
down €6.7m (-99.0%), from €6.7m to €64,722
- Debts after one year -€235,117
down €235,117 (-6.5%), from €3.6m to €3.4m
Income statement
- Financial income +€8.6m
up €8.6m (+69,292%), from €12,386 to €8.6m
of which Non-recurring financial income: +€8.4m
- Gross operating margin +€176,516
up €176,516 (+38.0%), from €464,882 to €641,399
- Other operating charges +€10,601
up €10,601 (+393%), from €2,695 to €13,295
- Depreciation +€8,000
up €8,000 (+6.9%), from €116,181 to €124,182
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.
Result 2024
€258,429
Gross operating margin
+€176,516
Depreciation
-€8,000
Other operating charges
-€10,601
Other operating items
-€2,112
Financial income
+€8.6m
Financial charges
+€3,882
Taxes
+€32
Result 2025
€9.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€4.0m
Investment
+€4.3m
Financing
-€233,941
Cash 2024
€78,984
From operations (derived)
-€4.0m
Net result for the year
+€9.0m
Depreciation
+€124,182
Receivables after one year
-€6.3m
Smaller working-capital items
-€8,433
Deferred charges and accrued income
-€102,445
Trade debts
-€61,746
Other debts
-€6.7m
Investment (derived)
+€4.3m
Investment in fixed assets (net)
+€3.9m
Current investments
+€425,043
Financing
-€233,941
Debts after one year
-€235,117
Current portion of long-term debt
+€1,176
Cash 2025
€99,639
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,235,319 | €13,265,400 | +€2.0m | +18.1% |
| Fixed assets | 21/28 | €9,833,872 | €5,839,365 | -€4.0m | -40.6% |
| Tangible fixed assets | 22/27 | €5,956,872 | €5,839,365 | -€117,507 | -2.0% |
| Land and buildings | 22 | €5,655,794 | €5,554,352 | -€101,442 | -1.8% |
| Plant, machinery and equipment | 23 | €297,413 | €282,929 | -€14,484 | -4.9% |
| Furniture and vehicles | 24 | €3,665 | €2,084 | -€1,581 | -43.1% |
| Financial fixed assets | 28 | €3,877,000 | €0 | -€3.9m | -100% |
| Current assets | 29/58 | €1,401,447 | €7,426,035 | +€6.0m | +430% |
| Amounts receivable after more than one year | 29 | - | €6,321,400 | +€6.3m | |
| Other amounts receivable | 291 | - | €6,321,400 | +€6.3m | |
| Amounts receivable within one year | 40/41 | €43,864 | €48,994 | +€5,130 | +11.7% |
| Trade receivables | 40 | €39,291 | €31,037 | -€8,255 | -21.0% |
| Other amounts receivable | 41 | €4,573 | €17,957 | +€13,385 | +293% |
| Current investments | 50/53 | €1,275,043 | €850,000 | -€425,043 | -33.3% |
| Cash at bank and in hand | 54/58 | €78,984 | €99,639 | +€20,655 | +26.2% |
| Deferred charges and accrued income | 490/1 | €3,557 | €106,002 | +€102,445 | +2,880% |
| Total equity and liabilities | 10/49 | €11,235,319 | €13,265,400 | +€2.0m | +18.1% |
| Equity | 10/15 | €566,789 | €9,567,353 | +€9.0m | +1,588% |
| Contributions | 10/11 | €1,300,000 | €1,300,000 | = | 0.0% |
| Capital | 10 | €1,300,000 | €1,300,000 | = | 0.0% |
| Issued capital | 100 | €1,300,000 | €1,300,000 | = | 0.0% |
| Reserves | 13 | - | €130,000 | +€130,000 | |
| Non-distributable reserves | 130/1 | - | €130,000 | +€130,000 | |
| Legal reserve | 130 | - | €130,000 | +€130,000 | |
| Profit (loss) carried forward | 14 | -€733,211 | €8,137,353 | +€8.9m | |
| Amounts payable | 17/49 | €10,668,530 | €3,698,047 | -€7.0m | -65.3% |
| Amounts payable after more than one year | 17 | €3,617,233 | €3,382,116 | -€235,117 | -6.5% |
| Financial debts | 170/4 | €3,617,233 | €3,382,116 | -€235,117 | -6.5% |
| Amounts payable within one year | 42/48 | €7,051,297 | €315,931 | -€6.7m | -95.5% |
| Current portion of amounts payable after more than one year | 42 | €233,941 | €235,117 | +€1,176 | +0.5% |
| Trade debts | 44 | €65,835 | €4,089 | -€61,746 | -93.8% |
| Suppliers | 440/4 | €65,835 | €4,089 | -€61,746 | -93.8% |
| Taxes, remuneration and social security | 45 | €15,306 | €12,003 | -€3,302 | -21.6% |
| Taxes | 450/3 | €15,306 | €12,003 | -€3,302 | -21.6% |
| Other amounts payable | 47/48 | €6,736,215 | €64,722 | -€6.7m | -99.0% |
| Non-recurring operating income | 76A | €110,977 | €0 | -€110,977 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,181 | €124,182 | +€8,000 | +6.9% |
| Other operating charges | 640/8 | €2,695 | €13,295 | +€10,601 | +393% |
| Non-recurring operating charges | 66A | - | €2,112 | +€2,112 | |
| Gross operating margin | 9900 | €464,882 | €641,399 | +€176,516 | +38.0% |
| Operating profit (loss) | 9901 | €346,006 | €501,809 | +€155,803 | +45.0% |
| Financial income | 75/76B | €12,386 | €8,594,803 | +€8.6m | +69,292% |
| Recurring financial income | 75 | €12,386 | €150,403 | +€138,017 | +1,114% |
| Non-recurring financial income | 76B | - | €8,444,400 | +€8.4m | |
| Financial charges | 65/66B | €99,641 | €95,759 | -€3,882 | -3.9% |
| Recurring financial charges | 65 | €99,641 | €95,759 | -€3,882 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €258,751 | €9,000,853 | +€8.7m | +3,379% |
| Income taxes | 67/77 | €322 | €289 | -€32 | -10.0% |
| Profit (loss) for the period | 9904 | €258,429 | €9,000,564 | +€8.7m | +3,383% |
| Profit (loss) for the period to be appropriated | 9905 | €258,429 | €9,000,564 | +€8.7m | +3,383% |
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 14 October 2026 via checked.be.