KANUSA: 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.
KANUSA
Largest movements
- Receivables within one year -€19,058
down €19,058 (-87.9%), from €21,672 to €2,614
of which Trade receivables: -€14,937
- Tangible fixed assets -€11,545
down €11,545 (-1.5%), from €748,959 to €737,414
of which Land and buildings: -€11,047
- Debts after one year -€41,109
down €41,109 (-8.4%), from €491,800 to €450,691
- Other debts +€31,163
up €31,163 (+13.8%), from €225,284 to €256,447
- Profit (loss) carried forward -€12,305
down €12,305 (-4,702%), from -€262 to -€12,567
- Trade debts -€11,649
down €11,649 (-91.3%), from €12,754 to €1,104
- Gross operating margin -€44,640
down €44,640 (-58.5%), from €76,251 to €31,611
- Depreciation -€13,845
down €13,845 (-50.3%), from €27,533 to €13,688
- Other operating charges -€13,168
down €13,168 (-82.8%), from €15,906 to €2,738
- Staff costs -€8,360
down €8,360 (-40.5%), from €20,633 to €12,273
- Financial charges +€3,572
up €3,572 (+30.7%), from €11,645 to €15,217
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 | €803,425 | €766,298 | -€37,127 | -4.6% |
| Fixed assets | 21/28 | €777,219 | €763,530 | -€13,688 | -1.8% |
| Intangible fixed assets | 21 | €22,861 | €20,718 | -€2,143 | -9.4% |
| Tangible fixed assets | 22/27 | €748,959 | €737,414 | -€11,545 | -1.5% |
| Land and buildings | 22 | €748,461 | €737,414 | -€11,047 | -1.5% |
| Other tangible fixed assets | 26 | €498 | - | -€498 | |
| Financial fixed assets | 28 | €5,398 | €5,398 | = | 0.0% |
| Current assets | 29/58 | €26,206 | €2,767 | -€23,439 | -89.4% |
| Amounts receivable within one year | 40/41 | €21,672 | €2,614 | -€19,058 | -87.9% |
| Trade receivables | 40 | €16,062 | €1,125 | -€14,937 | -93.0% |
| Other amounts receivable | 41 | €5,611 | €1,490 | -€4,121 | -73.5% |
| Cash at bank and in hand | 54/58 | €4,534 | €153 | -€4,381 | -96.6% |
| Total equity and liabilities | 10/49 | €803,425 | €766,298 | -€37,127 | -4.6% |
| Equity | 10/15 | €21,738 | €9,433 | -€12,305 | -56.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€262 | -€12,567 | -€12,305 | -4,702% |
| Amounts payable | 17/49 | €781,687 | €756,865 | -€24,822 | -3.2% |
| Amounts payable after more than one year | 17 | €491,800 | €450,691 | -€41,109 | -8.4% |
| Financial debts | 170/4 | €491,800 | €450,691 | -€41,109 | -8.4% |
| Amounts payable within one year | 42/48 | €289,237 | €305,524 | +€16,287 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €36,241 | €41,317 | +€5,076 | +14.0% |
| Financial debts | 43 | €5,304 | - | -€5,304 | |
| Credit institutions | 430/8 | €5,304 | - | -€5,304 | |
| Trade debts | 44 | €12,754 | €1,104 | -€11,649 | -91.3% |
| Suppliers | 440/4 | €12,754 | €1,104 | -€11,649 | -91.3% |
| Taxes, remuneration and social security | 45 | €9,655 | €6,656 | -€2,998 | -31.1% |
| Taxes | 450/3 | €8,456 | €6,656 | -€1,800 | -21.3% |
| Remuneration and social security | 454/9 | €1,198 | - | -€1,198 | |
| Other amounts payable | 47/48 | €225,284 | €256,447 | +€31,163 | +13.8% |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €20,633 | €12,273 | -€8,360 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,533 | €13,688 | -€13,845 | -50.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,795 | - | -€1,795 | |
| Other operating charges | 640/8 | €15,906 | €2,738 | -€13,168 | -82.8% |
| Gross operating margin | 9900 | €76,251 | €31,611 | -€44,640 | -58.5% |
| Operating profit (loss) | 9901 | €10,384 | €2,911 | -€7,473 | -72.0% |
| Financial income | 75/76B | €54 | €0 | -€54 | -99.3% |
| Recurring financial income | 75 | €54 | €0 | -€54 | -99.3% |
| Financial charges | 65/66B | €11,645 | €15,217 | +€3,572 | +30.7% |
| Recurring financial charges | 65 | €11,645 | €15,217 | +€3,572 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,208 | -€12,305 | -€11,098 | -919% |
| Income taxes | 67/77 | €1,009 | - | -€1,009 | |
| Profit (loss) for the period | 9904 | -€2,217 | -€12,305 | -€10,089 | -455% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,217 | -€12,305 | -€10,089 | -455% |
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 19 October 2026 via checked.be.