KANOMECO: 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.
KANOMECO
Largest movements
- Tangible fixed assets -€59,111
down €59,111 (-5.6%), from €1.0m to €990,463
of which Land and buildings: -€35,601
- Cash +€34,177
up €34,177 (+38.8%), from €88,149 to €122,326
mainly Depreciation (+€61,805) and Other debts (+€59,037)
- Stocks and contracts -€14,210
no longer reported in 2025 (was €14,210)
- Debts after one year -€61,790
down €61,790 (-21.0%), from €293,634 to €231,844
- Other debts +€59,037
up €59,037 (+16.7%), from €354,300 to €413,337
- Trade debts -€18,518
down €18,518 (-89.9%), from €20,602 to €2,085
- Current portion of long-term debt -€13,700
down €13,700 (-18.1%), from €75,490 to €61,790
- Gross operating margin -€59,679
down €59,679 (-41.2%), from €145,023 to €85,344
- Financial income +€28,884
up €28,884 (+348,004%), from €8 to €28,893
of which Non-recurring financial income: +€28,893
- Purchases and services -€21,187
down €21,187 (-9.9%), from €214,646 to €193,458
- Taxes -€7,375
down €7,375 (-65.9%), from €11,188 to €3,813
- Financial charges -€5,119
down €5,119 (-11.0%), from €46,623 to €41,505
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 | €1,229,543 | €1,186,926 | -€42,617 | -3.5% |
| Fixed assets | 21/28 | €1,049,574 | €990,463 | -€59,111 | -5.6% |
| Tangible fixed assets | 22/27 | €1,049,574 | €990,463 | -€59,111 | -5.6% |
| Land and buildings | 22 | €965,187 | €929,587 | -€35,601 | -3.7% |
| Plant, machinery and equipment | 23 | €8,550 | €4,955 | -€3,595 | -42.0% |
| Furniture and vehicles | 24 | €75,837 | €55,921 | -€19,916 | -26.3% |
| Current assets | 29/58 | €179,969 | €196,463 | +€16,494 | +9.2% |
| Stocks and contracts in progress | 3 | €14,210 | - | -€14,210 | |
| Contracts in progress | 37 | €14,210 | - | -€14,210 | |
| Amounts receivable within one year | 40/41 | €69,539 | €72,528 | +€2,989 | +4.3% |
| Trade receivables | 40 | €67,727 | €63,341 | -€4,386 | -6.5% |
| Other amounts receivable | 41 | €1,812 | €9,187 | +€7,375 | +407% |
| Cash at bank and in hand | 54/58 | €88,149 | €122,326 | +€34,177 | +38.8% |
| Deferred charges and accrued income | 490/1 | €8,071 | €1,610 | -€6,461 | -80.1% |
| Total equity and liabilities | 10/49 | €1,229,543 | €1,186,926 | -€42,617 | -3.5% |
| Equity | 10/15 | €444,710 | €447,023 | +€2,313 | +0.5% |
| Contributions | 10/11 | €132,800 | €132,800 | = | 0.0% |
| Reserves | 13 | €311,910 | €314,223 | +€2,313 | +0.7% |
| Distributable reserves | 133 | €311,910 | €314,223 | +€2,313 | +0.7% |
| Amounts payable | 17/49 | €784,833 | €739,903 | -€44,931 | -5.7% |
| Amounts payable after more than one year | 17 | €293,634 | €231,844 | -€61,790 | -21.0% |
| Financial debts | 170/4 | €293,634 | €231,844 | -€61,790 | -21.0% |
| Amounts payable within one year | 42/48 | €462,996 | €480,884 | +€17,888 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €75,490 | €61,790 | -€13,700 | -18.1% |
| Trade debts | 44 | €20,602 | €2,085 | -€18,518 | -89.9% |
| Suppliers | 440/4 | €20,602 | €2,085 | -€18,518 | -89.9% |
| Taxes, remuneration and social security | 45 | €12,604 | €3,673 | -€8,932 | -70.9% |
| Taxes | 450/3 | €9,305 | €1,418 | -€7,887 | -84.8% |
| Remuneration and social security | 454/9 | €3,300 | €2,255 | -€1,045 | -31.7% |
| Other amounts payable | 47/48 | €354,300 | €413,337 | +€59,037 | +16.7% |
| Accrued charges and deferred income | 492/3 | €28,203 | €27,174 | -€1,029 | -3.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €214,646 | €193,458 | -€21,187 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,246 | €61,805 | +€2,560 | +4.3% |
| Other operating charges | 640/8 | €3,907 | €4,800 | +€893 | +22.8% |
| Gross operating margin | 9900 | €145,023 | €85,344 | -€59,679 | -41.2% |
| Operating profit (loss) | 9901 | €81,870 | €18,738 | -€63,132 | -77.1% |
| Financial income | 75/76B | €8 | €28,893 | +€28,884 | +348,004% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -98.7% |
| Non-recurring financial income | 76B | - | €28,893 | +€28,893 | |
| Financial charges | 65/66B | €46,623 | €41,505 | -€5,119 | -11.0% |
| Recurring financial charges | 65 | €46,623 | €41,505 | -€5,119 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €35,255 | €6,127 | -€29,129 | -82.6% |
| Income taxes | 67/77 | €11,188 | €3,813 | -€7,375 | -65.9% |
| Profit (loss) for the period | 9904 | €24,068 | €2,313 | -€21,754 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,068 | €2,313 | -€21,754 | -90.4% |
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 17 October 2026 via checked.be.