Kangooz: 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.
Kangooz
Largest movements
- Cash -€10,014
down €10,014 (-36.9%), from €27,161 to €17,147
mainly Net result for the year (-€11,693) and Contributions, distributions and other (-€10,000)
- Receivables within one year +€5,622
up €5,622 (+31.9%), from €17,618 to €23,241
of which Other amounts receivable: +€6,348
- Tangible fixed assets -€3,980
down €3,980 (-53.3%), from €7,462 to €3,482
- Reserves -€21,693
down €21,693 (-80.3%), from €27,005 to €5,313
- Other debts +€10,045
up €10,045 (+155%), from €6,463 to €16,508
- Debts after one year +€2,048
new in 2025: €2,048
- Current portion of long-term debt +€1,383
new in 2025: €1,383
- Tax, wage and social debts -€744
down €744 (-9.7%), from €7,686 to €6,943
- Gross operating margin -€24,593
down €24,593, from €15,072 to -€9,521
- Depreciation -€5,573
down €5,573 (-85.4%), from €6,522 to €950
- Taxes -€4,262
down €4,262 (-95.1%), from €4,483 to €221
- Financial charges +€312
up €312 (+108%), from €289 to €601
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 | €52,991 | €44,502 | -€8,490 | -16.0% |
| Fixed assets | 21/28 | €7,462 | €3,482 | -€3,980 | -53.3% |
| Tangible fixed assets | 22/27 | €7,462 | €3,482 | -€3,980 | -53.3% |
| Furniture and vehicles | 24 | €7,462 | €3,482 | -€3,980 | -53.3% |
| Current assets | 29/58 | €45,529 | €41,019 | -€4,510 | -9.9% |
| Amounts receivable within one year | 40/41 | €17,618 | €23,241 | +€5,622 | +31.9% |
| Trade receivables | 40 | €14,520 | €13,794 | -€726 | -5.0% |
| Other amounts receivable | 41 | €3,098 | €9,447 | +€6,348 | +205% |
| Cash at bank and in hand | 54/58 | €27,161 | €17,147 | -€10,014 | -36.9% |
| Deferred charges and accrued income | 490/1 | €750 | €632 | -€118 | -15.7% |
| Total equity and liabilities | 10/49 | €52,991 | €44,502 | -€8,490 | -16.0% |
| Equity | 10/15 | €30,005 | €8,313 | -€21,693 | -72.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,005 | €5,313 | -€21,693 | -80.3% |
| Distributable reserves | 133 | €27,005 | €5,313 | -€21,693 | -80.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,986 | €36,189 | +€13,203 | +57.4% |
| Amounts payable after more than one year | 17 | - | €2,048 | +€2,048 | |
| Financial debts | 170/4 | - | €2,048 | +€2,048 | |
| Amounts payable within one year | 42/48 | €22,986 | €34,140 | +€11,155 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | - | €1,383 | +€1,383 | |
| Financial debts | 43 | €7,000 | €7,128 | +€128 | +1.8% |
| Credit institutions | 430/8 | €7,000 | €7,128 | +€128 | +1.8% |
| Trade debts | 44 | €1,836 | €2,179 | +€343 | +18.7% |
| Suppliers | 440/4 | €1,836 | €2,179 | +€343 | +18.7% |
| Taxes, remuneration and social security | 45 | €7,686 | €6,943 | -€744 | -9.7% |
| Taxes | 450/3 | €7,686 | €6,943 | -€744 | -9.7% |
| Other amounts payable | 47/48 | €6,463 | €16,508 | +€10,045 | +155% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,522 | €950 | -€5,573 | -85.4% |
| Other operating charges | 640/8 | €330 | €400 | +€70 | +21.2% |
| Gross operating margin | 9900 | €15,072 | -€9,521 | -€24,593 | |
| Operating profit (loss) | 9901 | €8,220 | -€10,871 | -€19,090 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €289 | €601 | +€312 | +108% |
| Recurring financial charges | 65 | €289 | €601 | +€312 | +108% |
| Profit (loss) for the period before taxes | 9903 | €7,931 | -€11,472 | -€19,402 | |
| Income taxes | 67/77 | €4,483 | €221 | -€4,262 | -95.1% |
| Profit (loss) for the period | 9904 | €3,448 | -€11,693 | -€15,141 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,448 | -€11,693 | -€15,141 |
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 13 October 2026 via checked.be.