KANTARA: 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.
KANTARA
Largest movements
- Cash +€18,186
up €18,186 (+140.6%), from €12,934 to €31,120
mainly Net result for the year (+€23,666) and Other debts (+€21,691)
- Receivables within one year +€9,477
up €9,477 (+82.5%), from €11,487 to €20,964
of which Trade receivables: +€10,358
- Tangible fixed assets +€1,374
up €1,374 (+12.8%), from €10,734 to €12,108
of which Furniture and vehicles: +€2,416
- Other debts +€21,691
up €21,691 (+101.5%), from €21,368 to €43,059
- Tax, wage and social debts +€4,708
up €4,708 (+428.9%), from €1,098 to €5,806
- Reserves +€2,140
up €2,140 (+6.7%), from €31,886 to €34,026
of which Distributable reserves: +€2,140
- Gross operating margin +€46,726
up €46,726, from -€25,992 to €20,734
- Financial income +€7,941
up €7,941 (+153.1%), from €5,188 to €13,129
- Depreciation +€3,946
up €3,946 (+138.1%), from €2,857 to €6,803
- Taxes +€2,350
up €2,350 (+528.8%), from €444 to €2,795
- Other operating charges -€538
down €538 (-50.9%), from €1,058 to €520
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 | €35,654 | €64,192 | +€28,538 | +80.0% |
| Fixed assets | 21/28 | €10,734 | €12,108 | +€1,374 | +12.8% |
| Tangible fixed assets | 22/27 | €10,734 | €12,108 | +€1,374 | +12.8% |
| Plant, machinery and equipment | 23 | €4,395 | €3,353 | -€1,042 | -23.7% |
| Furniture and vehicles | 24 | €6,339 | €8,755 | +€2,416 | +38.1% |
| Current assets | 29/58 | €24,920 | €52,084 | +€27,164 | +109.0% |
| Amounts receivable within one year | 40/41 | €11,487 | €20,964 | +€9,477 | +82.5% |
| Trade receivables | 40 | €5,805 | €16,163 | +€10,358 | +178.4% |
| Other amounts receivable | 41 | €5,682 | €4,800 | -€882 | -15.5% |
| Cash at bank and in hand | 54/58 | €12,934 | €31,120 | +€18,186 | +140.6% |
| Deferred charges and accrued income | 490/1 | €499 | - | -€499 | |
| Total equity and liabilities | 10/49 | €35,654 | €64,192 | +€28,538 | +80.0% |
| Equity | 10/15 | €13,188 | €15,327 | +€2,140 | +16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,886 | €34,026 | +€2,140 | +6.7% |
| Tax-exempt reserves | 132 | €8,500 | €8,500 | = | 0.0% |
| Distributable reserves | 133 | €23,386 | €25,526 | +€2,140 | +9.1% |
| Profit (loss) carried forward | 14 | -€37,298 | -€37,298 | = | 0.0% |
| Amounts payable | 17/49 | €22,466 | €48,864 | +€26,399 | +117.5% |
| Amounts payable within one year | 42/48 | €22,466 | €48,864 | +€26,399 | +117.5% |
| Taxes, remuneration and social security | 45 | €1,098 | €5,806 | +€4,708 | +428.9% |
| Taxes | 450/3 | €1,098 | €5,806 | +€4,708 | +428.9% |
| Other amounts payable | 47/48 | €21,368 | €43,059 | +€21,691 | +101.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,857 | €6,803 | +€3,946 | +138.1% |
| Other operating charges | 640/8 | €1,058 | €520 | -€538 | -50.9% |
| Gross operating margin | 9900 | -€25,992 | €20,734 | +€46,726 | |
| Operating profit (loss) | 9901 | -€29,907 | €13,411 | +€43,318 | |
| Financial income | 75/76B | €5,188 | €13,129 | +€7,941 | +153.1% |
| Recurring financial income | 75 | €5,188 | €13,129 | +€7,941 | +153.1% |
| Financial charges | 65/66B | €80 | €80 | -€0 | 0.0% |
| Recurring financial charges | 65 | €80 | €80 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€24,799 | €26,461 | +€51,259 | |
| Income taxes | 67/77 | €444 | €2,795 | +€2,350 | +528.8% |
| Profit (loss) for the period | 9904 | -€25,243 | €23,666 | +€48,909 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,243 | €23,666 | +€48,909 |
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 2 October 2026 via checked.be.