KAORI: 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.
KAORI
Largest movements
- Cash -€31,671
down €31,671 (-52.3%), from €60,522 to €28,850
mainly Contributions, distributions and other (-€84,428) and Receivables within one year (-€17,531)
- Receivables within one year +€17,531
up €17,531 (+42.1%), from €41,666 to €59,197
of which Trade receivables: +€23,498
- Other debts -€7,418
down €7,418 (-8.1%), from €91,846 to €84,428
- Tax, wage and social debts -€6,819
down €6,819 (-90.4%), from €7,542 to €723
- Gross operating margin -€7,018
down €7,018 (-6.0%), from €116,463 to €109,444
- Financial income -€3,163
down €3,163 (-82.3%), from €3,842 to €678
- Taxes -€2,252
down €2,252 (-8.5%), from €26,358 to €24,105
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 | €104,817 | €91,019 | -€13,798 | -13.2% |
| Fixed assets | 21/28 | €1,324 | €1,028 | -€296 | -22.3% |
| Tangible fixed assets | 22/27 | €1,324 | €1,028 | -€296 | -22.3% |
| Furniture and vehicles | 24 | €1,324 | €1,028 | -€296 | -22.3% |
| Current assets | 29/58 | €103,493 | €89,991 | -€13,502 | -13.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €41,666 | €59,197 | +€17,531 | +42.1% |
| Trade receivables | 40 | €24,730 | €48,228 | +€23,498 | +95.0% |
| Other amounts receivable | 41 | €16,936 | €10,969 | -€5,968 | -35.2% |
| Cash at bank and in hand | 54/58 | €60,522 | €28,850 | -€31,671 | -52.3% |
| Deferred charges and accrued income | 490/1 | €1,306 | €1,944 | +€639 | +48.9% |
| Total equity and liabilities | 10/49 | €104,817 | €91,019 | -€13,798 | -13.2% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €102,317 | €88,519 | -€13,798 | -13.5% |
| Amounts payable within one year | 42/48 | €102,027 | €88,220 | -€13,807 | -13.5% |
| Financial debts | 43 | - | €13 | +€13 | |
| Credit institutions | 430/8 | - | €13 | +€13 | |
| Trade debts | 44 | €2,639 | €3,056 | +€416 | +15.8% |
| Suppliers | 440/4 | €2,639 | €3,056 | +€416 | +15.8% |
| Taxes, remuneration and social security | 45 | €7,542 | €723 | -€6,819 | -90.4% |
| Taxes | 450/3 | €7,542 | €723 | -€6,819 | -90.4% |
| Other amounts payable | 47/48 | €91,846 | €84,428 | -€7,418 | -8.1% |
| Accrued charges and deferred income | 492/3 | €290 | €299 | +€9 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154 | €296 | +€141 | +91.6% |
| Other operating charges | 640/8 | €948 | €983 | +€35 | +3.7% |
| Gross operating margin | 9900 | €116,463 | €109,444 | -€7,018 | -6.0% |
| Operating profit (loss) | 9901 | €115,361 | €108,166 | -€7,195 | -6.2% |
| Financial income | 75/76B | €3,842 | €678 | -€3,163 | -82.3% |
| Recurring financial income | 75 | €3,842 | €678 | -€3,163 | -82.3% |
| Financial charges | 65/66B | €999 | €311 | -€688 | -68.9% |
| Recurring financial charges | 65 | €999 | €311 | -€688 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €118,203 | €108,533 | -€9,670 | -8.2% |
| Income taxes | 67/77 | €26,358 | €24,105 | -€2,252 | -8.5% |
| Profit (loss) for the period | 9904 | €91,846 | €84,428 | -€7,418 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €91,846 | €84,428 | -€7,418 | -8.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.