KANTOOR SD: 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.
KANTOOR SD
Largest movements
- Receivables within one year +€905,599
up €905,599 (+643,959%), from €141 to €905,740
of which Other amounts receivable: +€894,325
- Intangible fixed assets -€189,478
down €189,478 (-100%), from €189,478 to €0
- Cash -€167,452
down €167,452 (-75.6%), from €221,407 to €53,954
mainly Receivables within one year (-€905,599) and Contributions, distributions and other (-€898,121)
- Tangible fixed assets -€36,507
down €36,507 (-10.6%), from €343,111 to €306,605
of which Land and buildings: -€27,303
- Deferred charges and accrued income -€20,507
down €20,507 (-41.0%), from €50,067 to €29,560
- Other debts +€691,215
up €691,215 (+333%), from €207,338 to €898,553
- Reserves -€125,368
down €125,368 (-100%), from €125,368 to €0
- Current portion of long-term debt -€40,242
down €40,242 (-62.2%), from €64,648 to €24,407
- Trade debts -€26,361
down €26,361 (-98.6%), from €26,724 to €363
- Debts after one year -€24,407
down €24,407 (-8.8%), from €278,166 to €253,760
- Gross operating margin +€647,081
up €647,081 (+159%), from €406,730 to €1.1m
- Taxes +€255,837
up €255,837 (+14,538%), from €1,760 to €257,597
- Staff costs -€119,397
down €119,397, from €106,493 to -€12,904
- Depreciation -€50,672
down €50,672 (-62.9%), from €80,574 to €29,902
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 | €804,404 | €1,295,859 | +€491,455 | +61.1% |
| Fixed assets | 21/28 | €532,789 | €306,605 | -€226,185 | -42.5% |
| Intangible fixed assets | 21 | €189,478 | €0 | -€189,478 | -100% |
| Tangible fixed assets | 22/27 | €343,111 | €306,605 | -€36,507 | -10.6% |
| Land and buildings | 22 | €327,637 | €300,334 | -€27,303 | -8.3% |
| Furniture and vehicles | 24 | €6,605 | €0 | -€6,605 | -100% |
| Other tangible fixed assets | 26 | €8,869 | €6,271 | -€2,598 | -29.3% |
| Financial fixed assets | 28 | €200 | €0 | -€200 | -100% |
| Current assets | 29/58 | €271,614 | €989,254 | +€717,640 | +264% |
| Amounts receivable within one year | 40/41 | €141 | €905,740 | +€905,599 | +643,959% |
| Trade receivables | 40 | €0 | €11,274 | +€11,274 | |
| Other amounts receivable | 41 | €141 | €894,465 | +€894,325 | +635,942% |
| Cash at bank and in hand | 54/58 | €221,407 | €53,954 | -€167,452 | -75.6% |
| Deferred charges and accrued income | 490/1 | €50,067 | €29,560 | -€20,507 | -41.0% |
| Total equity and liabilities | 10/49 | €804,404 | €1,295,859 | +€491,455 | +61.1% |
| Equity | 10/15 | €195,368 | €70,000 | -€125,368 | -64.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €125,368 | €0 | -€125,368 | -100% |
| Distributable reserves | 133 | €125,368 | €0 | -€125,368 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €609,036 | €1,225,859 | +€616,823 | +101% |
| Amounts payable after more than one year | 17 | €278,166 | €253,760 | -€24,407 | -8.8% |
| Financial debts | 170/4 | €278,166 | €253,760 | -€24,407 | -8.8% |
| Amounts payable within one year | 42/48 | €329,740 | €952,750 | +€623,010 | +189% |
| Current portion of amounts payable after more than one year | 42 | €64,648 | €24,407 | -€40,242 | -62.2% |
| Financial debts | 43 | €10,660 | €17,411 | +€6,751 | +63.3% |
| Credit institutions | 430/8 | €10,660 | €17,411 | +€6,751 | +63.3% |
| Trade debts | 44 | €26,724 | €363 | -€26,361 | -98.6% |
| Suppliers | 440/4 | €26,724 | €363 | -€26,361 | -98.6% |
| Taxes, remuneration and social security | 45 | €20,370 | €12,016 | -€8,354 | -41.0% |
| Taxes | 450/3 | €0 | €12,016 | +€12,016 | |
| Remuneration and social security | 454/9 | €20,370 | €0 | -€20,370 | -100% |
| Other amounts payable | 47/48 | €207,338 | €898,553 | +€691,215 | +333% |
| Accrued charges and deferred income | 492/3 | €1,129 | €19,349 | +€18,220 | +1,614% |
| Non-recurring operating income | 76A | - | €968,100 | +€968,100 | |
| Remuneration, social security and pensions | 62 | €106,493 | -€12,904 | -€119,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,574 | €29,902 | -€50,672 | -62.9% |
| Other operating charges | 640/8 | €4,611 | €1,670 | -€2,941 | -63.8% |
| Gross operating margin | 9900 | €406,730 | €1,053,811 | +€647,081 | +159% |
| Operating profit (loss) | 9901 | €215,053 | €1,035,143 | +€820,090 | +381% |
| Financial income | 75/76B | €501 | €1,935 | +€1,433 | +286% |
| Recurring financial income | 75 | €501 | €1,935 | +€1,433 | +286% |
| Financial charges | 65/66B | €8,467 | €6,728 | -€1,738 | -20.5% |
| Recurring financial charges | 65 | €8,467 | €6,728 | -€1,738 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €207,087 | €1,030,350 | +€823,262 | +398% |
| Income taxes | 67/77 | €1,760 | €257,597 | +€255,837 | +14,538% |
| Profit (loss) for the period | 9904 | €205,328 | €772,753 | +€567,425 | +276% |
| Profit (loss) for the period to be appropriated | 9905 | €205,328 | €772,753 | +€567,425 | +276% |
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 14 October 2026 via checked.be.