KANVA: 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.
KANVA
Largest movements
- Intangible fixed assets -€1,176
down €1,176 (-5.2%), from €22,744 to €21,569
- Receivables within one year -€703
down €703 (-56.5%), from €1,244 to €541
- Other debts +€38,000
new in 2025: €38,000
- Short-term financial debts -€19,064
no longer reported in 2025 (was €19,064)
- Debts after one year -€13,843
no longer reported in 2025 (was €13,843)
- Profit (loss) carried forward -€6,868
down €6,868 (-36.5%), from -€18,806 to -€25,674
- Gross operating margin +€5,876
up €5,876 (+64.8%), from -€9,073 to -€3,197
- Financial charges -€517
down €517 (-18.4%), from €2,811 to €2,293
- Depreciation +€408
up €408 (+53.2%), from €768 to €1,176
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 | €39,170 | €37,326 | -€1,844 | -4.7% |
| Fixed assets | 21/28 | €22,744 | €21,569 | -€1,176 | -5.2% |
| Intangible fixed assets | 21 | €22,744 | €21,569 | -€1,176 | -5.2% |
| Current assets | 29/58 | €16,426 | €15,757 | -€668 | -4.1% |
| Stocks and contracts in progress | 3 | €15,182 | €15,182 | = | 0.0% |
| Stocks | 30/36 | €15,182 | €15,182 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,244 | €541 | -€703 | -56.5% |
| Other amounts receivable | 41 | €1,244 | €541 | -€703 | -56.5% |
| Cash at bank and in hand | 54/58 | - | €34 | +€34 | |
| Total equity and liabilities | 10/49 | €39,170 | €37,326 | -€1,844 | -4.7% |
| Equity | 10/15 | €6,194 | -€674 | -€6,868 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,806 | -€25,674 | -€6,868 | -36.5% |
| Amounts payable | 17/49 | €32,976 | €38,000 | +€5,024 | +15.2% |
| Amounts payable after more than one year | 17 | €13,843 | - | -€13,843 | |
| Financial debts | 170/4 | €13,843 | - | -€13,843 | |
| Amounts payable within one year | 42/48 | €19,133 | €38,000 | +€18,867 | +98.6% |
| Financial debts | 43 | €19,064 | - | -€19,064 | |
| Credit institutions | 430/8 | €19,064 | - | -€19,064 | |
| Trade debts | 44 | €69 | - | -€69 | |
| Suppliers | 440/4 | €69 | - | -€69 | |
| Other amounts payable | 47/48 | - | €38,000 | +€38,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €768 | €1,176 | +€408 | +53.2% |
| Other operating charges | 640/8 | €183 | €265 | +€82 | +44.8% |
| Gross operating margin | 9900 | -€9,073 | -€3,197 | +€5,876 | +64.8% |
| Operating profit (loss) | 9901 | -€10,023 | -€4,638 | +€5,386 | +53.7% |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | €2,811 | €2,293 | -€517 | -18.4% |
| Recurring financial charges | 65 | €2,811 | €2,293 | -€517 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,834 | -€6,868 | +€5,965 | +46.5% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€12,834 | -€6,868 | +€5,966 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,834 | -€6,868 | +€5,966 | +46.5% |
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 1 October 2026 via checked.be.