KANNAI: 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.
KANNAI
Largest movements
- Receivables within one year +€38,043
up €38,043 (+159%), from €23,866 to €61,909
of which Trade receivables: +€33,674
- Stocks and contracts -€18,449
down €18,449 (-9.7%), from €190,002 to €171,554
- Tangible fixed assets -€11,685
down €11,685 (-32.9%), from €35,562 to €23,877
of which Furniture and vehicles: -€12,232
- Cash -€10,235
down €10,235 (-23.5%), from €43,608 to €33,373
mainly Other debts (-€59,498) and Receivables within one year (-€38,043)
- Other debts -€59,498
down €59,498 (-95.4%), from €62,375 to €2,877
- Profit (loss) carried forward +€39,715
up €39,715 (+1,637%), from €2,427 to €42,141
- Trade debts +€37,378
up €37,378 (+22.6%), from €165,244 to €202,623
- Tax, wage and social debts -€9,210
down €9,210 (-31.5%), from €29,210 to €20,000
of which Remuneration and social security: -€7,049
- Debts after one year -€8,322
down €8,322 (-62.6%), from €13,288 to €4,965
- Gross operating margin -€51,050
down €51,050 (-21.0%), from €243,230 to €192,181
- Staff costs -€25,934
down €25,934 (-18.8%), from €138,203 to €112,269
- Taxes -€8,187
down €8,187 (-34.1%), from €24,002 to €15,815
- Financial charges +€5,218
up €5,218 (+103%), from €5,047 to €10,265
of which Non-recurring financial charges: +€5,056
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 | €305,184 | €305,481 | +€297 | +0.1% |
| Fixed assets | 21/28 | €35,562 | €23,877 | -€11,685 | -32.9% |
| Tangible fixed assets | 22/27 | €35,562 | €23,877 | -€11,685 | -32.9% |
| Plant, machinery and equipment | 23 | €1,112 | €1,659 | +€546 | +49.1% |
| Furniture and vehicles | 24 | €34,450 | €22,218 | -€12,232 | -35.5% |
| Current assets | 29/58 | €269,622 | €281,604 | +€11,982 | +4.4% |
| Stocks and contracts in progress | 3 | €190,002 | €171,554 | -€18,449 | -9.7% |
| Stocks | 30/36 | €190,002 | €171,554 | -€18,449 | -9.7% |
| Amounts receivable within one year | 40/41 | €23,866 | €61,909 | +€38,043 | +159% |
| Trade receivables | 40 | €12,793 | €46,467 | +€33,674 | +263% |
| Other amounts receivable | 41 | €11,074 | €15,442 | +€4,369 | +39.5% |
| Cash at bank and in hand | 54/58 | €43,608 | €33,373 | -€10,235 | -23.5% |
| Deferred charges and accrued income | 490/1 | €12,146 | €14,769 | +€2,623 | +21.6% |
| Total equity and liabilities | 10/49 | €305,184 | €305,481 | +€297 | +0.1% |
| Equity | 10/15 | €26,979 | €66,693 | +€39,715 | +147% |
| Contributions | 10/11 | €22,320 | €22,320 | = | 0.0% |
| Reserves | 13 | €2,232 | €2,232 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,232 | €2,232 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,232 | €2,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,427 | €42,141 | +€39,715 | +1,637% |
| Amounts payable | 17/49 | €278,205 | €238,787 | -€39,418 | -14.2% |
| Amounts payable after more than one year | 17 | €13,288 | €4,965 | -€8,322 | -62.6% |
| Financial debts | 170/4 | €13,288 | €4,965 | -€8,322 | -62.6% |
| Amounts payable within one year | 42/48 | €264,918 | €233,822 | -€31,096 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €8,089 | €8,322 | +€233 | +2.9% |
| Trade debts | 44 | €165,244 | €202,623 | +€37,378 | +22.6% |
| Suppliers | 440/4 | €165,244 | €202,623 | +€37,378 | +22.6% |
| Taxes, remuneration and social security | 45 | €29,210 | €20,000 | -€9,210 | -31.5% |
| Taxes | 450/3 | €10,176 | €8,015 | -€2,161 | -21.2% |
| Remuneration and social security | 454/9 | €19,034 | €11,985 | -€7,049 | -37.0% |
| Other amounts payable | 47/48 | €62,375 | €2,877 | -€59,498 | -95.4% |
| Non-recurring operating income | 76A | €9,766 | - | -€9,766 | |
| Remuneration, social security and pensions | 62 | €138,203 | €112,269 | -€25,934 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,682 | €12,751 | +€69 | +0.5% |
| Other operating charges | 640/8 | €1,200 | €1,773 | +€572 | +47.7% |
| Gross operating margin | 9900 | €243,230 | €192,181 | -€51,050 | -21.0% |
| Operating profit (loss) | 9901 | €91,145 | €65,388 | -€25,757 | -28.3% |
| Financial income | 75/76B | €331 | €407 | +€76 | +23.1% |
| Recurring financial income | 75 | €331 | €407 | +€76 | +23.1% |
| Financial charges | 65/66B | €5,047 | €10,265 | +€5,218 | +103% |
| Recurring financial charges | 65 | €4,465 | €4,627 | +€162 | +3.6% |
| Non-recurring financial charges | 66B | €582 | €5,638 | +€5,056 | +869% |
| Profit (loss) for the period before taxes | 9903 | €86,429 | €55,530 | -€30,899 | -35.8% |
| Income taxes | 67/77 | €24,002 | €15,815 | -€8,187 | -34.1% |
| Profit (loss) for the period | 9904 | €62,427 | €39,715 | -€22,712 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,427 | €39,715 | -€22,712 | -36.4% |
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 30 October 2026 via checked.be.