KANKU: 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.
KANKU
Largest movements
- Receivables within one year +€18,115
up €18,115 (+11.9%), from €152,643 to €170,758
of which Trade receivables: +€12,822
- Deferred charges and accrued income +€16,958
up €16,958 (+1321.9%), from €1,283 to €18,241
- Reserves +€16,352
up €16,352 (+11.5%), from €142,348 to €158,700
- Tax, wage and social debts +€12,508
up €12,508 (+111.0%), from €11,264 to €23,773
- Advances received +€5,413
up €5,413 (+100.2%), from €5,400 to €10,813
- Gross operating margin +€24,510
up €24,510 (+199.8%), from €12,265 to €36,775
- Taxes +€7,088
up €7,088 (+69.4%), from €10,220 to €17,308
- Depreciation -€654
down €654 (-45.2%), from €1,448 to €794
- Other operating charges -€511
down €511 (-37.5%), from €1,364 to €853
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 | €175,048 | €209,471 | +€34,423 | +19.7% |
| Fixed assets | 21/28 | €1,646 | €852 | -€794 | -48.2% |
| Tangible fixed assets | 22/27 | €1,546 | €752 | -€794 | -51.3% |
| Furniture and vehicles | 24 | €1,546 | €752 | -€794 | -51.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €173,402 | €208,619 | +€35,217 | +20.3% |
| Amounts receivable after more than one year | 29 | €15,116 | €15,418 | +€302 | +2.0% |
| Other amounts receivable | 291 | €15,116 | €15,418 | +€302 | +2.0% |
| Amounts receivable within one year | 40/41 | €152,643 | €170,758 | +€18,115 | +11.9% |
| Trade receivables | 40 | €46,162 | €58,984 | +€12,822 | +27.8% |
| Other amounts receivable | 41 | €106,481 | €111,774 | +€5,293 | +5.0% |
| Cash at bank and in hand | 54/58 | €4,360 | €4,201 | -€159 | -3.6% |
| Deferred charges and accrued income | 490/1 | €1,283 | €18,241 | +€16,958 | +1321.9% |
| Total equity and liabilities | 10/49 | €175,048 | €209,471 | +€34,423 | +19.7% |
| Equity | 10/15 | €152,348 | €168,700 | +€16,352 | +10.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €142,348 | €158,700 | +€16,352 | +11.5% |
| Distributable reserves | 133 | €142,348 | €158,700 | +€16,352 | +11.5% |
| Amounts payable | 17/49 | €22,700 | €40,771 | +€18,071 | +79.6% |
| Amounts payable within one year | 42/48 | €22,365 | €40,771 | +€18,406 | +82.3% |
| Trade debts | 44 | €5,701 | €6,185 | +€485 | +8.5% |
| Suppliers | 440/4 | €5,701 | €6,185 | +€485 | +8.5% |
| Advances received on contracts in progress | 46 | €5,400 | €10,813 | +€5,413 | +100.2% |
| Taxes, remuneration and social security | 45 | €11,264 | €23,773 | +€12,508 | +111.0% |
| Taxes | 450/3 | €11,264 | €23,773 | +€12,508 | +111.0% |
| Accrued charges and deferred income | 492/3 | €335 | - | -€335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,448 | €794 | -€654 | -45.2% |
| Other operating charges | 640/8 | €1,364 | €853 | -€511 | -37.5% |
| Gross operating margin | 9900 | €12,265 | €36,775 | +€24,510 | +199.8% |
| Operating profit (loss) | 9901 | €9,454 | €35,129 | +€25,675 | +271.6% |
| Financial charges | 65/66B | €1,573 | €1,468 | -€105 | -6.7% |
| Recurring financial charges | 65 | €1,573 | €1,468 | -€105 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €7,880 | €33,661 | +€25,780 | +327.1% |
| Income taxes | 67/77 | €10,220 | €17,308 | +€7,088 | +69.4% |
| Profit (loss) for the period | 9904 | -€2,340 | €16,352 | +€18,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,340 | €16,352 | +€18,692 |
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 5 October 2026 via checked.be.