KangaCoders: 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.
KangaCoders
Largest movements
- Receivables within one year -€7,619
down €7,619 (-13.7%), from €55,692 to €48,073
of which Trade receivables: -€10,849
- Stocks and contracts +€4,424
up €4,424 (+61.7%), from €7,175 to €11,600
- Cash +€3,148
up €3,148 (+61.7%), from €5,099 to €8,247
mainly Receivables within one year (+€7,619) and Net result for the year (+€7,261)
- Tangible fixed assets +€2,010
up €2,010 (+114.0%), from €1,762 to €3,772
- Reserves +€7,261
up €7,261 (+45.5%), from €15,946 to €23,207
of which Distributable reserves: +€7,261
- Short-term financial debts -€3,900
down €3,900 (-19.4%), from €20,142 to €16,242
- Other debts -€3,000
down €3,000 (-75.9%), from €3,952 to €952
- Tax, wage and social debts +€1,970
up €1,970 (+11.7%), from €16,882 to €18,853
of which Taxes: +€3,593
- Financial charges +€8,326
up €8,326 (+247.1%), from €3,370 to €11,696
- Gross operating margin +€7,987
up €7,987 (+17.7%), from €45,034 to €53,021
- Staff costs +€4,864
up €4,864 (+18.6%), from €26,094 to €30,958
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 | €70,086 | €72,049 | +€1,963 | +2.8% |
| Fixed assets | 21/28 | €2,120 | €4,130 | +€2,010 | +94.8% |
| Tangible fixed assets | 22/27 | €1,762 | €3,772 | +€2,010 | +114.0% |
| Furniture and vehicles | 24 | €1,762 | €3,772 | +€2,010 | +114.0% |
| Financial fixed assets | 28 | €358 | €358 | = | 0.0% |
| Current assets | 29/58 | €67,966 | €67,919 | -€47 | -0.1% |
| Stocks and contracts in progress | 3 | €7,175 | €11,600 | +€4,424 | +61.7% |
| Contracts in progress | 37 | €7,175 | €11,600 | +€4,424 | +61.7% |
| Amounts receivable within one year | 40/41 | €55,692 | €48,073 | -€7,619 | -13.7% |
| Trade receivables | 40 | €15,321 | €4,472 | -€10,849 | -70.8% |
| Other amounts receivable | 41 | €40,371 | €43,601 | +€3,230 | +8.0% |
| Cash at bank and in hand | 54/58 | €5,099 | €8,247 | +€3,148 | +61.7% |
| Total equity and liabilities | 10/49 | €70,086 | €72,049 | +€1,963 | +2.8% |
| Equity | 10/15 | €24,525 | €31,786 | +€7,261 | +29.6% |
| Contributions | 10/11 | €8,579 | €8,579 | = | 0.0% |
| Reserves | 13 | €15,946 | €23,207 | +€7,261 | +45.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €15,946 | €23,207 | +€7,261 | +45.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €45,561 | €40,263 | -€5,298 | -11.6% |
| Amounts payable within one year | 42/48 | €45,561 | €40,263 | -€5,298 | -11.6% |
| Financial debts | 43 | €20,142 | €16,242 | -€3,900 | -19.4% |
| Credit institutions | 430/8 | €20,142 | €16,242 | -€3,900 | -19.4% |
| Trade debts | 44 | €4,584 | €4,216 | -€368 | -8.0% |
| Suppliers | 440/4 | €4,584 | €4,216 | -€368 | -8.0% |
| Taxes, remuneration and social security | 45 | €16,882 | €18,853 | +€1,970 | +11.7% |
| Taxes | 450/3 | €8,468 | €12,061 | +€3,593 | +42.4% |
| Remuneration and social security | 454/9 | €8,414 | €6,791 | -€1,623 | -19.3% |
| Other amounts payable | 47/48 | €3,952 | €952 | -€3,000 | -75.9% |
| Remuneration, social security and pensions | 62 | €26,094 | €30,958 | +€4,864 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €656 | €686 | +€31 | +4.7% |
| Other operating charges | 640/8 | €1,017 | €585 | -€432 | -42.5% |
| Gross operating margin | 9900 | €45,034 | €53,021 | +€7,987 | +17.7% |
| Operating profit (loss) | 9901 | €17,268 | €20,792 | +€3,524 | +20.4% |
| Financial income | 75/76B | €2,328 | €2,284 | -€44 | -1.9% |
| Recurring financial income | 75 | €2,328 | €2,284 | -€44 | -1.9% |
| Financial charges | 65/66B | €3,370 | €11,696 | +€8,326 | +247.1% |
| Recurring financial charges | 65 | €3,370 | €11,696 | +€8,326 | +247.1% |
| Profit (loss) for the period before taxes | 9903 | €16,226 | €11,380 | -€4,846 | -29.9% |
| Income taxes | 67/77 | €3,785 | €4,120 | +€335 | +8.8% |
| Profit (loss) for the period | 9904 | €12,441 | €7,261 | -€5,180 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,441 | €7,261 | -€5,180 | -41.6% |
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 10 October 2026 via checked.be.