Kano: 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.
Kano
Largest movements
- Financial fixed assets -€100,000
down €100,000 (-100%), from €100,000 to €0
- Cash -€57,994
down €57,994 (-72.8%), from €79,655 to €21,661
mainly Contributions, distributions and other (-€1.2m) and Other debts (-€168,697)
- Tangible fixed assets -€23,184
down €23,184 (-2.4%), from €961,869 to €938,686
of which Land and buildings: -€21,527
- Receivables within one year +€17,361
up €17,361 (+263%), from €6,600 to €23,961
- Other debts -€168,697
down €168,697 (-80.7%), from €208,975 to €40,278
- Reserves +€91,492
up €91,492 (+60.8%), from €150,503 to €241,995
- Debts after one year -€52,759
down €52,759 (-7.8%), from €678,806 to €626,046
- Tax, wage and social debts -€37,787
down €37,787 (-100%), from €37,787 to €0
of which Taxes: -€37,787
- Financial income +€1.4m
up €1.4m (+14,282,544%), from €10 to €1.4m
- Gross operating margin -€129,356
down €129,356, from €17,356 to -€112,000
- Depreciation +€1,452
up €1,452 (+5.7%), from €25,545 to €26,997
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 | €1,149,961 | €984,309 | -€165,652 | -14.4% |
| Fixed assets | 21/28 | €1,061,869 | €938,686 | -€123,184 | -11.6% |
| Tangible fixed assets | 22/27 | €961,869 | €938,686 | -€23,184 | -2.4% |
| Land and buildings | 22 | €945,530 | €924,004 | -€21,527 | -2.3% |
| Plant, machinery and equipment | 23 | €1,736 | €1,188 | -€548 | -31.6% |
| Furniture and vehicles | 24 | €4,488 | €4,731 | +€243 | +5.4% |
| Other tangible fixed assets | 26 | €10,115 | €8,764 | -€1,352 | -13.4% |
| Financial fixed assets | 28 | €100,000 | €0 | -€100,000 | -100% |
| Current assets | 29/58 | €88,092 | €45,623 | -€42,469 | -48.2% |
| Amounts receivable within one year | 40/41 | €6,600 | €23,961 | +€17,361 | +263% |
| Other amounts receivable | 41 | €6,600 | €23,961 | +€17,361 | +263% |
| Cash at bank and in hand | 54/58 | €79,655 | €21,661 | -€57,994 | -72.8% |
| Deferred charges and accrued income | 490/1 | €1,837 | €0 | -€1,837 | -100% |
| Total equity and liabilities | 10/49 | €1,149,961 | €984,309 | -€165,652 | -14.4% |
| Equity | 10/15 | €169,103 | €260,595 | +€91,492 | +54.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,503 | €241,995 | +€91,492 | +60.8% |
| Distributable reserves | 133 | €150,503 | €241,995 | +€91,492 | +60.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €980,858 | €723,713 | -€257,145 | -26.2% |
| Amounts payable after more than one year | 17 | €678,806 | €626,046 | -€52,759 | -7.8% |
| Financial debts | 170/4 | €678,806 | €626,046 | -€52,759 | -7.8% |
| Amounts payable within one year | 42/48 | €302,052 | €97,667 | -€204,385 | -67.7% |
| Current portion of amounts payable after more than one year | 42 | €51,588 | €52,759 | +€1,171 | +2.3% |
| Trade debts | 44 | €3,702 | €4,630 | +€928 | +25.1% |
| Suppliers | 440/4 | €3,702 | €4,630 | +€928 | +25.1% |
| Taxes, remuneration and social security | 45 | €37,787 | €0 | -€37,787 | -100% |
| Taxes | 450/3 | €37,787 | €0 | -€37,787 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €208,975 | €40,278 | -€168,697 | -80.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,545 | €26,997 | +€1,452 | +5.7% |
| Other operating charges | 640/8 | €462 | €398 | -€64 | -13.8% |
| Non-recurring operating charges | 66A | €71 | €23 | -€49 | -68.5% |
| Gross operating margin | 9900 | €17,356 | -€112,000 | -€129,356 | |
| Operating profit (loss) | 9901 | -€8,722 | -€139,417 | -€130,695 | -1,498% |
| Financial income | 75/76B | €10 | €1,449,688 | +€1.4m | +14,282,544% |
| Recurring financial income | 75 | €10 | €1,449,688 | +€1.4m | +14,282,544% |
| Financial charges | 65/66B | €18,963 | €18,271 | -€692 | -3.7% |
| Recurring financial charges | 65 | €18,963 | €18,271 | -€692 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,675 | €1,292,000 | +€1.3m | |
| Income taxes | 67/77 | €408 | €508 | +€100 | +24.4% |
| Profit (loss) for the period | 9904 | -€28,084 | €1,291,492 | +€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,084 | €1,291,492 | +€1.3m |
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 23 October 2026 via checked.be.