Kanatlar: what changed
Two fiscal 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.
Kanatlar
Largest movements
- Receivables within one year -€11,223
down €11,223 (-6.9%), from €163,678 to €152,455
of which Trade receivables: -€5,662
- Cash +€5,423
up €5,423 (+94.6%), from €5,732 to €11,155
mainly Receivables within one year (+€11,223) and Accrued charges and deferred income (+€7,554)
- Other debts -€13,527
down €13,527 (-35.0%), from €38,668 to €25,141
- Accrued charges and deferred income +€7,554
up €7,554 (+695.5%), from €1,086 to €8,640
- Tax, wage and social debts -€4,047
down €4,047 (-25.6%), from €15,794 to €11,748
- Profit (loss) carried forward +€1,907
up €1,907 (+2.4%), from €80,776 to €82,683
- Trade debts +€1,715
up €1,715 (+11.4%), from €15,062 to €16,776
- Gross operating margin -€28,071
down €28,071 (-75.8%), from €37,024 to €8,954
- Taxes -€9,308
down €9,308 (-92.1%), from €10,112 to €804
- Write-downs +€8,965
new in 2025: €8,965
- Financial income +€7,842
up €7,842 (+250.0%), from €3,137 to €10,979
- Other operating charges +€6,304
up €6,304 (+5342.5%), from €118 to €6,422
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 | €170,007 | €163,609 | -€6,398 | -3.8% |
| Fixed assets | 21/28 | €598 | - | -€598 | |
| Tangible fixed assets | 22/27 | €413 | - | -€413 | |
| Furniture and vehicles | 24 | €413 | - | -€413 | |
| Financial fixed assets | 28 | €185 | - | -€185 | |
| Current assets | 29/58 | €169,409 | €163,609 | -€5,800 | -3.4% |
| Amounts receivable within one year | 40/41 | €163,678 | €152,455 | -€11,223 | -6.9% |
| Trade receivables | 40 | €158,117 | €152,455 | -€5,662 | -3.6% |
| Other amounts receivable | 41 | €5,560 | - | -€5,560 | |
| Cash at bank and in hand | 54/58 | €5,732 | €11,155 | +€5,423 | +94.6% |
| Total equity and liabilities | 10/49 | €170,007 | €163,609 | -€6,398 | -3.8% |
| Equity | 10/15 | €99,397 | €101,305 | +€1,907 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21 | €21 | = | 0.0% |
| Distributable reserves | 133 | €21 | €21 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,776 | €82,683 | +€1,907 | +2.4% |
| Amounts payable | 17/49 | €70,610 | €62,305 | -€8,305 | -11.8% |
| Amounts payable within one year | 42/48 | €69,524 | €53,665 | -€15,859 | -22.8% |
| Trade debts | 44 | €15,062 | €16,776 | +€1,715 | +11.4% |
| Suppliers | 440/4 | €15,062 | €16,776 | +€1,715 | +11.4% |
| Taxes, remuneration and social security | 45 | €15,794 | €11,748 | -€4,047 | -25.6% |
| Taxes | 450/3 | €15,794 | €11,748 | -€4,047 | -25.6% |
| Other amounts payable | 47/48 | €38,668 | €25,141 | -€13,527 | -35.0% |
| Accrued charges and deferred income | 492/3 | €1,086 | €8,640 | +€7,554 | +695.5% |
| Remuneration, social security and pensions | 62 | €603 | €390 | -€212 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €992 | €413 | -€579 | -58.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,965 | +€8,965 | |
| Other operating charges | 640/8 | €118 | €6,422 | +€6,304 | +5342.5% |
| Gross operating margin | 9900 | €37,024 | €8,954 | -€28,071 | -75.8% |
| Operating profit (loss) | 9901 | €35,312 | -€7,237 | -€42,549 | |
| Financial income | 75/76B | €3,137 | €10,979 | +€7,842 | +250.0% |
| Recurring financial income | 75 | €3,137 | €10,979 | +€7,842 | +250.0% |
| Financial charges | 65/66B | €1,341 | €1,031 | -€310 | -23.1% |
| Recurring financial charges | 65 | €1,341 | €1,031 | -€310 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €37,108 | €2,711 | -€34,397 | -92.7% |
| Income taxes | 67/77 | €10,112 | €804 | -€9,308 | -92.1% |
| Profit (loss) for the period | 9904 | €26,996 | €1,907 | -€25,089 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,996 | €1,907 | -€25,089 | -92.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.