KANGOO: 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.
KANGOO
Largest movements
- Tangible fixed assets +€49,035
up €49,035 (+268.4%), from €18,268 to €67,303
of which Furniture and vehicles: +€46,916
- Cash -€2,397
down €2,397 (-32.2%), from €7,441 to €5,044
mainly Investment in fixed assets (net) (-€71,330) and Other debts (-€2,178)
- Debts after one year +€38,379
new in 2025: €38,379
- Current portion of long-term debt +€5,751
up €5,751 (+79.5%), from €7,233 to €12,983
- Reserves +€4,925
up €4,925 (+264.8%), from €1,860 to €6,785
of which Distributable reserves: +€4,925
- Other debts -€2,178
down €2,178 (-95.6%), from €2,278 to €100
- Profit (loss) carried forward -€999
down €999 (-7.2%), from €13,868 to €12,869
- Gross operating margin +€19,030
up €19,030 (+108.5%), from €17,545 to €36,576
- Depreciation +€11,574
up €11,574 (+108.0%), from €10,721 to €22,295
- Financial charges +€2,082
up €2,082 (+1006.3%), from €207 to €2,289
- Taxes +€1,786
up €1,786 (+74.5%), from €2,398 to €4,185
- Other operating charges +€1,201
up €1,201 (+71.5%), from €1,680 to €2,881
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 | €37,441 | €83,503 | +€46,062 | +123.0% |
| Fixed assets | 21/28 | €18,268 | €67,303 | +€49,035 | +268.4% |
| Tangible fixed assets | 22/27 | €18,268 | €67,303 | +€49,035 | +268.4% |
| Plant, machinery and equipment | 23 | €217 | - | -€217 | |
| Furniture and vehicles | 24 | €8,910 | €55,826 | +€46,916 | +526.6% |
| Other tangible fixed assets | 26 | €9,141 | €11,477 | +€2,335 | +25.5% |
| Current assets | 29/58 | €19,172 | €16,200 | -€2,973 | -15.5% |
| Amounts receivable within one year | 40/41 | €10,948 | €11,113 | +€165 | +1.5% |
| Trade receivables | 40 | €10,042 | €10,103 | +€60 | +0.6% |
| Other amounts receivable | 41 | €906 | €1,011 | +€105 | +11.6% |
| Cash at bank and in hand | 54/58 | €7,441 | €5,044 | -€2,397 | -32.2% |
| Deferred charges and accrued income | 490/1 | €784 | €42 | -€741 | -94.6% |
| Total equity and liabilities | 10/49 | €37,441 | €83,503 | +€46,062 | +123.0% |
| Equity | 10/15 | €21,928 | €25,854 | +€3,926 | +17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €6,785 | +€4,925 | +264.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €4,925 | +€4,925 | |
| Profit (loss) carried forward | 14 | €13,868 | €12,869 | -€999 | -7.2% |
| Amounts payable | 17/49 | €15,513 | €57,649 | +€42,137 | +271.6% |
| Amounts payable after more than one year | 17 | - | €38,379 | +€38,379 | |
| Financial debts | 170/4 | - | €38,379 | +€38,379 | |
| Amounts payable within one year | 42/48 | €15,513 | €19,270 | +€3,757 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €7,233 | €12,983 | +€5,751 | +79.5% |
| Trade debts | 44 | €1,655 | €1,248 | -€407 | -24.6% |
| Suppliers | 440/4 | €1,655 | €1,248 | -€407 | -24.6% |
| Taxes, remuneration and social security | 45 | €4,347 | €4,939 | +€592 | +13.6% |
| Taxes | 450/3 | €4,347 | €4,939 | +€592 | +13.6% |
| Other amounts payable | 47/48 | €2,278 | €100 | -€2,178 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,721 | €22,295 | +€11,574 | +108.0% |
| Other operating charges | 640/8 | €1,680 | €2,881 | +€1,201 | +71.5% |
| Gross operating margin | 9900 | €17,545 | €36,576 | +€19,030 | +108.5% |
| Operating profit (loss) | 9901 | €5,144 | €11,399 | +€6,255 | +121.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -38.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -38.5% |
| Financial charges | 65/66B | €207 | €2,289 | +€2,082 | +1006.3% |
| Recurring financial charges | 65 | €207 | €2,289 | +€2,082 | +1006.3% |
| Profit (loss) for the period before taxes | 9903 | €4,937 | €9,110 | +€4,173 | +84.5% |
| Income taxes | 67/77 | €2,398 | €4,185 | +€1,786 | +74.5% |
| Profit (loss) for the period | 9904 | €2,539 | €4,926 | +€2,387 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,539 | €4,926 | +€2,387 | +94.0% |
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 4 October 2026 via checked.be.