KANUN THAI: 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.
KANUN THAI
Largest movements
- Tangible fixed assets -€5,170
down €5,170 (-5.3%), from €96,961 to €91,791
of which Furniture and vehicles: -€15,235
- Receivables within one year +€2,299
new in 2025: €2,299
- Reserves -€150,387
no longer reported in 2025 (was €150,387)
- Other debts +€127,796
up €127,796 (+433%), from €29,509 to €157,304
- Tax, wage and social debts +€18,517
up €18,517 (+206%), from €8,979 to €27,496
of which Taxes: +€17,700
- Gross operating margin +€11,604
up €11,604 (+7.2%), from €161,042 to €172,646
- Staff costs +€10,353
up €10,353 (+24.7%), from €41,876 to €52,229
- Depreciation +€2,526
up €2,526 (+9.2%), from €27,505 to €30,031
- Taxes +€2,371
up €2,371 (+13.3%), from €17,830 to €20,201
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 | €208,861 | €206,660 | -€2,201 | -1.1% |
| Fixed assets | 21/28 | €98,782 | €94,606 | -€4,175 | -4.2% |
| Intangible fixed assets | 21 | €5 | - | -€5 | |
| Tangible fixed assets | 22/27 | €96,961 | €91,791 | -€5,170 | -5.3% |
| Land and buildings | 22 | €14,082 | €11,110 | -€2,972 | -21.1% |
| Plant, machinery and equipment | 23 | €26,080 | €18,046 | -€8,034 | -30.8% |
| Furniture and vehicles | 24 | €55,868 | €40,633 | -€15,235 | -27.3% |
| Other tangible fixed assets | 26 | €931 | €22,002 | +€21,070 | +2,263% |
| Financial fixed assets | 28 | €1,815 | €2,815 | +€1,000 | +55.1% |
| Current assets | 29/58 | €110,079 | €112,053 | +€1,974 | +1.8% |
| Stocks and contracts in progress | 3 | €6,661 | €6,661 | = | 0.0% |
| Stocks | 30/36 | €6,661 | €6,661 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €2,299 | +€2,299 | |
| Other amounts receivable | 41 | - | €2,299 | +€2,299 | |
| Cash at bank and in hand | 54/58 | €100,113 | €98,906 | -€1,208 | -1.2% |
| Deferred charges and accrued income | 490/1 | €3,304 | €4,187 | +€883 | +26.7% |
| Total equity and liabilities | 10/49 | €208,861 | €206,660 | -€2,201 | -1.1% |
| Equity | 10/15 | €165,387 | €15,000 | -€150,387 | -90.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €150,387 | - | -€150,387 | |
| Distributable reserves | 133 | €150,387 | - | -€150,387 | |
| Amounts payable | 17/49 | €43,474 | €191,660 | +€148,186 | +341% |
| Amounts payable within one year | 42/48 | €43,474 | €191,660 | +€148,186 | +341% |
| Trade debts | 44 | €4,986 | €6,859 | +€1,873 | +37.6% |
| Suppliers | 440/4 | €4,986 | €6,859 | +€1,873 | +37.6% |
| Taxes, remuneration and social security | 45 | €8,979 | €27,496 | +€18,517 | +206% |
| Taxes | 450/3 | €2,879 | €20,579 | +€17,700 | +615% |
| Remuneration and social security | 454/9 | €6,100 | €6,917 | +€818 | +13.4% |
| Other amounts payable | 47/48 | €29,509 | €157,304 | +€127,796 | +433% |
| Remuneration, social security and pensions | 62 | €41,876 | €52,229 | +€10,353 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,505 | €30,031 | +€2,526 | +9.2% |
| Other operating charges | 640/8 | €2,605 | €3,148 | +€543 | +20.9% |
| Gross operating margin | 9900 | €161,042 | €172,646 | +€11,604 | +7.2% |
| Operating profit (loss) | 9901 | €89,056 | €87,237 | -€1,819 | -2.0% |
| Financial income | 75/76B | €145 | €30 | -€115 | -79.1% |
| Recurring financial income | 75 | €145 | €30 | -€115 | -79.1% |
| Financial charges | 65/66B | €272 | €237 | -€35 | -13.0% |
| Recurring financial charges | 65 | €272 | €237 | -€35 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €88,928 | €87,030 | -€1,898 | -2.1% |
| Income taxes | 67/77 | €17,830 | €20,201 | +€2,371 | +13.3% |
| Profit (loss) for the period | 9904 | €71,098 | €66,829 | -€4,269 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,098 | €66,829 | -€4,269 | -6.0% |
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 25 October 2026 via checked.be.