KANTIFY: 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.
KANTIFY
Largest movements
- Tangible fixed assets +€327,627
up €327,627 (+250.4%), from €130,847 to €458,474
of which Assets under construction and advance payments: +€329,079
- Receivables within one year +€239,512
up €239,512 (+8296.1%), from €2,887 to €242,399
of which Trade receivables: +€239,350
- Cash +€189,985
up €189,985 (+71.3%), from €266,474 to €456,459
mainly Net result for the year (+€397,767) and Depreciation (+€258,638)
- Intangible fixed assets -€130,112
down €130,112 (-41.2%), from €315,657 to €185,545
- Profit (loss) carried forward +€397,767
up €397,767 (+66.8%), from €595,738 to €993,505
- Trade debts +€237,403
up €237,403 (+20709.5%), from €1,146 to €238,549
- Gross operating margin +€526,490
up €526,490 (+203.4%), from €258,828 to €785,318
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 | €716,330 | €1,343,342 | +€627,012 | +87.5% |
| Fixed assets | 21/28 | €446,969 | €644,484 | +€197,515 | +44.2% |
| Intangible fixed assets | 21 | €315,657 | €185,545 | -€130,112 | -41.2% |
| Tangible fixed assets | 22/27 | €130,847 | €458,474 | +€327,627 | +250.4% |
| Furniture and vehicles | 24 | €4,806 | €3,354 | -€1,452 | -30.2% |
| Assets under construction and advance payments | 27 | €126,041 | €455,120 | +€329,079 | +261.1% |
| Financial fixed assets | 28 | €465 | €465 | = | 0.0% |
| Current assets | 29/58 | €269,361 | €698,858 | +€429,497 | +159.5% |
| Amounts receivable within one year | 40/41 | €2,887 | €242,399 | +€239,512 | +8296.1% |
| Trade receivables | 40 | €1,861 | €241,211 | +€239,350 | +12862.6% |
| Other amounts receivable | 41 | €1,026 | €1,188 | +€162 | +15.8% |
| Cash at bank and in hand | 54/58 | €266,474 | €456,459 | +€189,985 | +71.3% |
| Total equity and liabilities | 10/49 | €716,330 | €1,343,342 | +€627,012 | +87.5% |
| Equity | 10/15 | €663,388 | €1,061,155 | +€397,767 | +60.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €595,738 | €993,505 | +€397,767 | +66.8% |
| Amounts payable | 17/49 | €52,942 | €282,187 | +€229,245 | +433.0% |
| Amounts payable within one year | 42/48 | €52,942 | €282,187 | +€229,245 | +433.0% |
| Trade debts | 44 | €1,146 | €238,549 | +€237,403 | +20709.5% |
| Suppliers | 440/4 | €1,146 | €238,549 | +€237,403 | +20709.5% |
| Taxes, remuneration and social security | 45 | €13,905 | €5,768 | -€8,136 | -58.5% |
| Taxes | 450/3 | €2,146 | - | -€2,146 | |
| Remuneration and social security | 454/9 | €11,759 | €5,768 | -€5,991 | -50.9% |
| Other amounts payable | 47/48 | €37,891 | €37,870 | -€22 | -0.1% |
| Remuneration, social security and pensions | 62 | €129,903 | €128,737 | -€1,166 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253,118 | €258,638 | +€5,519 | +2.2% |
| Gross operating margin | 9900 | €258,828 | €785,318 | +€526,490 | +203.4% |
| Operating profit (loss) | 9901 | -€124,194 | €397,943 | +€522,136 | |
| Financial income | 75/76B | €54 | €3 | -€52 | -95.3% |
| Recurring financial income | 75 | €54 | €3 | -€52 | -95.3% |
| Financial charges | 65/66B | €470 | €178 | -€292 | -62.1% |
| Recurring financial charges | 65 | €470 | €178 | -€292 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | -€124,610 | €397,767 | +€522,377 | |
| Profit (loss) for the period | 9904 | -€124,610 | €397,767 | +€522,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€124,610 | €397,767 | +€522,377 |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.