Skip to content

KANKAN: 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.

What changed

KANKAN

BE 0899.662.231
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€6,684
2024 · -€11,999+€5,315
Equity
€3,757
2024 · €10,441-€6,684
Cash
€4,021
2024 · €14,335-€10,314
Balance sheet total
€4,021
2024 · €14,335-€10,314

Largest movements

2024 to 2025
Assets
  • Cash -€10,314

    down €10,314 (-71.9%), from €14,335 to €4,021

    mainly Net result for the year (-€6,684) and Trade debts (-€3,843)

Equity and liabilities
  • Profit (loss) carried forward -€6,684

    down €6,684 (-0.3%), from -€2.3m to -€2.3m

  • Trade debts -€3,843

    no longer reported in 2025 (was €3,843)

  • Accrued charges and deferred income +€214

    new in 2025: €214

Income statement
  • Gross operating margin +€5,242

    up €5,242 (+46.2%), from -€11,356 to -€6,114

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€11,999
Gross operating margin +€5,242
Other operating charges -€12
Financial charges +€85
Result 2025 -€6,684

Cash bridge derived

cash 2024 to 2025

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.

From operations -€10,314
Investment €0
Financing €0
Cash 2024 €14,335
Net result for the year -€6,684
Trade debts -€3,843
Accrued charges and deferred income +€214
Cash 2025 €4,021
Every line side by side 24 lines
Line Code 2024 2025 Change %
Total assets 20/58 €14,335 €4,021 -€10,314 -71.9%
Current assets 29/58 €14,335 €4,021 -€10,314 -71.9%
Current investments 50/53 €0 €0 = 0.0%
Cash at bank and in hand 54/58 €14,335 €4,021 -€10,314 -71.9%
Total equity and liabilities 10/49 €14,335 €4,021 -€10,314 -71.9%
Equity 10/15 €10,441 €3,757 -€6,684 -64.0%
Contributions 10/11 €2,335,052 €2,335,052 = 0.0%
Reserves 13 €5,479 €5,479 = 0.0%
Distributable reserves 133 €5,479 €5,479 = 0.0%
Profit (loss) carried forward 14 -€2,330,091 -€2,336,775 -€6,684 -0.3%
Amounts payable 17/49 €3,894 €265 -€3,629 -93.2%
Amounts payable within one year 42/48 €3,894 €51 -€3,843 -98.7%
Trade debts 44 €3,843 - -€3,843
Suppliers 440/4 €3,843 - -€3,843
Other amounts payable 47/48 €51 €51 = 0.0%
Accrued charges and deferred income 492/3 - €214 +€214
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 -€11,356 -€6,114 +€5,242 +46.2%
Operating profit (loss) 9901 -€11,743 -€6,514 +€5,230 +44.5%
Financial charges 65/66B €256 €171 -€85 -33.2%
Recurring financial charges 65 €256 €171 -€85 -33.2%
Profit (loss) for the period before taxes 9903 -€11,999 -€6,684 +€5,315 +44.3%
Profit (loss) for the period 9904 -€11,999 -€6,684 +€5,315 +44.3%
Profit (loss) for the period to be appropriated 9905 -€11,999 -€6,684 +€5,315 +44.3%

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 30 September 2026 via checked.be.