KANZO: 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.
KANZO
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash +€25,349
up €25,349 (+63.5%), from €39,922 to €65,270
mainly Net result for the year (+€77,871) and Tax, wage and social debts (+€10,119)
- Receivables within one year +€12,627
up €12,627 (+111.1%), from €11,361 to €23,988
- Profit (loss) carried forward +€77,871
new in 2025: €77,871
- Tax, wage and social debts +€10,119
up €10,119 (+55.9%), from €18,094 to €28,213
- Gross operating margin +€56,496
up €56,496 (+136.5%), from €41,400 to €97,897
- Taxes +€8,426
up €8,426 (+74.7%), from €11,277 to €19,703
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 | €51,283 | €140,430 | +€89,147 | +173.8% |
| Fixed assets | 21/28 | - | €1,148 | +€1,148 | |
| Tangible fixed assets | 22/27 | - | €1,148 | +€1,148 | |
| Furniture and vehicles | 24 | - | €1,148 | +€1,148 | |
| Current assets | 29/58 | €51,283 | €139,281 | +€87,998 | +171.6% |
| Amounts receivable within one year | 40/41 | €11,361 | €23,988 | +€12,627 | +111.1% |
| Trade receivables | 40 | €11,361 | €23,988 | +€12,627 | +111.1% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €39,922 | €65,270 | +€25,349 | +63.5% |
| Deferred charges and accrued income | 490/1 | - | €23 | +€23 | |
| Total equity and liabilities | 10/49 | €51,283 | €140,430 | +€89,147 | +173.8% |
| Equity | 10/15 | €32,963 | €110,833 | +€77,871 | +236.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,963 | €29,963 | = | 0.0% |
| Distributable reserves | 133 | €29,963 | €29,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €77,871 | +€77,871 | |
| Amounts payable | 17/49 | €18,321 | €29,596 | +€11,276 | +61.5% |
| Amounts payable within one year | 42/48 | €18,321 | €29,596 | +€11,276 | +61.5% |
| Trade debts | 44 | €227 | €1,363 | +€1,136 | +501.6% |
| Suppliers | 440/4 | €227 | €1,363 | +€1,136 | +501.6% |
| Taxes, remuneration and social security | 45 | €18,094 | €28,213 | +€10,119 | +55.9% |
| Taxes | 450/3 | €18,094 | €28,213 | +€10,119 | +55.9% |
| Other amounts payable | 47/48 | - | €20 | +€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €281 | +€281 | |
| Other operating charges | 640/8 | €141 | - | -€141 | |
| Gross operating margin | 9900 | €41,400 | €97,897 | +€56,496 | +136.5% |
| Operating profit (loss) | 9901 | €41,259 | €97,616 | +€56,357 | +136.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €20 | €48 | +€28 | +137.6% |
| Recurring financial charges | 65 | €20 | €48 | +€28 | +137.6% |
| Profit (loss) for the period before taxes | 9903 | €41,239 | €97,573 | +€56,334 | +136.6% |
| Income taxes | 67/77 | €11,277 | €19,703 | +€8,426 | +74.7% |
| Profit (loss) for the period | 9904 | €29,963 | €77,871 | +€47,908 | +159.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,963 | €77,871 | +€47,908 | +159.9% |
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.