KANZI: 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.
KANZI
Largest movements
- Cash +€105,810
up €105,810 (+44.3%), from €239,058 to €344,868
mainly Other debts (+€89,153) and Net result for the year (+€88,419)
- Other debts +€89,153
up €89,153 (+1662.1%), from €5,364 to €94,517
- Tax, wage and social debts +€17,818
up €17,818 (+91.4%), from €19,489 to €37,307
of which Remuneration and social security: +€11,400
- Gross operating margin +€16,910
up €16,910 (+17.3%), from €97,498 to €114,408
- Taxes -€2,633
down €2,633 (-9.7%), from €27,194 to €24,562
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 | €257,667 | €364,990 | +€107,323 | +41.7% |
| Fixed assets | 21/28 | €2,683 | €1,972 | -€711 | -26.5% |
| Tangible fixed assets | 22/27 | €2,683 | €1,972 | -€711 | -26.5% |
| Furniture and vehicles | 24 | €2,683 | €1,972 | -€711 | -26.5% |
| Current assets | 29/58 | €254,983 | €363,018 | +€108,035 | +42.4% |
| Amounts receivable within one year | 40/41 | €15,926 | €18,150 | +€2,224 | +14.0% |
| Trade receivables | 40 | €15,730 | €18,150 | +€2,420 | +15.4% |
| Other amounts receivable | 41 | €196 | €0 | -€196 | -100.0% |
| Cash at bank and in hand | 54/58 | €239,058 | €344,868 | +€105,810 | +44.3% |
| Total equity and liabilities | 10/49 | €257,667 | €364,990 | +€107,323 | +41.7% |
| Equity | 10/15 | €232,485 | €232,485 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €230,485 | €230,485 | = | 0.0% |
| Distributable reserves | 133 | €230,485 | €230,485 | = | 0.0% |
| Amounts payable | 17/49 | €25,181 | €132,505 | +€107,323 | +426.2% |
| Amounts payable within one year | 42/48 | €25,181 | €132,505 | +€107,323 | +426.2% |
| Trade debts | 44 | €328 | €681 | +€352 | +107.3% |
| Suppliers | 440/4 | €328 | €681 | +€352 | +107.3% |
| Taxes, remuneration and social security | 45 | €19,489 | €37,307 | +€17,818 | +91.4% |
| Taxes | 450/3 | €19,489 | €25,907 | +€6,418 | +32.9% |
| Remuneration and social security | 454/9 | €0 | €11,400 | +€11,400 | |
| Other amounts payable | 47/48 | €5,364 | €94,517 | +€89,153 | +1662.1% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €783 | €711 | -€72 | -9.1% |
| Other operating charges | 640/8 | €521 | €546 | +€24 | +4.7% |
| Gross operating margin | 9900 | €97,498 | €114,408 | +€16,910 | +17.3% |
| Operating profit (loss) | 9901 | €96,194 | €113,152 | +€16,957 | +17.6% |
| Financial charges | 65/66B | €48 | €170 | +€122 | +255.0% |
| Recurring financial charges | 65 | €48 | €170 | +€122 | +255.0% |
| Profit (loss) for the period before taxes | 9903 | €96,146 | €112,981 | +€16,835 | +17.5% |
| Income taxes | 67/77 | €27,194 | €24,562 | -€2,633 | -9.7% |
| Profit (loss) for the period | 9904 | €68,952 | €88,419 | +€19,467 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,952 | €88,419 | +€19,467 | +28.2% |
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 3 October 2026 via checked.be.