Kanis: 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.
Kanis
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Cash -€20,521
down €20,521 (-17.3%), from €118,881 to €98,360
mainly Current investments (-€60,000) and Investment in fixed assets (net) (-€27,622)
- Receivables within one year -€16,929
down €16,929 (-82.7%), from €20,472 to €3,543
of which Trade receivables: -€12,871
- Tangible fixed assets -€6,788
down €6,788 (-1.8%), from €378,838 to €372,050
of which Land and buildings: -€24,718
- Reserves +€30,935
up €30,935 (+32.6%), from €94,919 to €125,854
- Debts after one year -€23,090
down €23,090 (-6.5%), from €357,264 to €334,174
- Other debts +€11,257
up €11,257 (+34.0%), from €33,120 to €44,378
- Gross operating margin +€22,528
up €22,528 (+35.2%), from €63,997 to €86,526
- Taxes +€5,456
up €5,456 (+74.6%), from €7,313 to €12,768
- Depreciation +€3,683
up €3,683 (+12.0%), from €30,726 to €34,409
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 | €535,087 | €552,215 | +€17,128 | +3.2% |
| Fixed assets | 21/28 | €378,838 | €372,050 | -€6,788 | -1.8% |
| Tangible fixed assets | 22/27 | €378,838 | €372,050 | -€6,788 | -1.8% |
| Land and buildings | 22 | €367,863 | €343,145 | -€24,718 | -6.7% |
| Plant, machinery and equipment | 23 | €1,043 | €1,353 | +€310 | +29.7% |
| Furniture and vehicles | 24 | €9,931 | €27,551 | +€17,620 | +177.4% |
| Current assets | 29/58 | €156,249 | €180,165 | +€23,916 | +15.3% |
| Stocks and contracts in progress | 3 | €15,448 | €16,824 | +€1,376 | +8.9% |
| Stocks | 30/36 | €15,448 | €16,824 | +€1,376 | +8.9% |
| Amounts receivable within one year | 40/41 | €20,472 | €3,543 | -€16,929 | -82.7% |
| Trade receivables | 40 | €16,089 | €3,218 | -€12,871 | -80.0% |
| Other amounts receivable | 41 | €4,383 | €325 | -€4,058 | -92.6% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €118,881 | €98,360 | -€20,521 | -17.3% |
| Deferred charges and accrued income | 490/1 | €1,448 | €1,438 | -€10 | -0.7% |
| Total equity and liabilities | 10/49 | €535,087 | €552,215 | +€17,128 | +3.2% |
| Equity | 10/15 | €105,252 | €136,187 | +€30,935 | +29.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €94,919 | €125,854 | +€30,935 | +32.6% |
| Distributable reserves | 133 | €94,919 | €125,854 | +€30,935 | +32.6% |
| Profit (loss) carried forward | 14 | €333 | €333 | = | 0.0% |
| Amounts payable | 17/49 | €429,835 | €416,028 | -€13,807 | -3.2% |
| Amounts payable after more than one year | 17 | €357,264 | €334,174 | -€23,090 | -6.5% |
| Financial debts | 170/4 | €357,264 | €334,174 | -€23,090 | -6.5% |
| Amounts payable within one year | 42/48 | €71,920 | €81,178 | +€9,258 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €22,722 | €23,090 | +€369 | +1.6% |
| Trade debts | 44 | €11,828 | €6,657 | -€5,172 | -43.7% |
| Suppliers | 440/4 | €11,828 | €6,657 | -€5,172 | -43.7% |
| Taxes, remuneration and social security | 45 | €4,250 | €7,054 | +€2,804 | +66.0% |
| Taxes | 450/3 | €4,250 | €7,054 | +€2,804 | +66.0% |
| Other amounts payable | 47/48 | €33,120 | €44,378 | +€11,257 | +34.0% |
| Accrued charges and deferred income | 492/3 | €651 | €676 | +€25 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,726 | €34,409 | +€3,683 | +12.0% |
| Other operating charges | 640/8 | €2,289 | €2,439 | +€150 | +6.6% |
| Gross operating margin | 9900 | €63,997 | €86,526 | +€22,528 | +35.2% |
| Operating profit (loss) | 9901 | €30,982 | €49,677 | +€18,695 | +60.3% |
| Financial income | 75/76B | €43 | €91 | +€47 | +110.1% |
| Recurring financial income | 75 | €43 | €91 | +€47 | +110.1% |
| Financial charges | 65/66B | €6,753 | €6,065 | -€689 | -10.2% |
| Recurring financial charges | 65 | €6,753 | €6,065 | -€689 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €24,272 | €43,703 | +€19,431 | +80.1% |
| Income taxes | 67/77 | €7,313 | €12,768 | +€5,456 | +74.6% |
| Profit (loss) for the period | 9904 | €16,960 | €30,935 | +€13,975 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,960 | €30,935 | +€13,975 | +82.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.