KAOS: 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.
KAOS
Largest movements
- Cash -€685
down €685 (-100%), from €685 to €0
mainly Net result for the year (-€2,070) and Trade debts (-€298)
- Receivables within one year -€483
down €483 (-71.2%), from €679 to €196
- Intangible fixed assets -€319
down €319 (-42.7%), from €747 to €428
- Formation expenses -€318
down €318 (-43.0%), from €741 to €423
- Profit (loss) carried forward -€2,070
down €2,070 (-13.1%), from -€15,808 to -€17,879
- Other debts +€562
up €562 (+3.8%), from €14,876 to €15,438
- Trade debts -€298
down €298 (-38.0%), from €785 to €487
- Gross operating margin +€9,028
up €9,028 (+87.5%), from -€10,322 to -€1,294
- Financial charges -€233
down €233 (-100%), from €233 to €0
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 | €2,853 | €1,047 | -€1,806 | -63.3% |
| Formation expenses | 20 | €741 | €423 | -€318 | -43.0% |
| Fixed assets | 21/28 | €747 | €428 | -€319 | -42.7% |
| Intangible fixed assets | 21 | €747 | €428 | -€319 | -42.7% |
| Current assets | 29/58 | €1,364 | €196 | -€1,169 | -85.7% |
| Amounts receivable within one year | 40/41 | €679 | €196 | -€483 | -71.2% |
| Other amounts receivable | 41 | €679 | €196 | -€483 | -71.2% |
| Cash at bank and in hand | 54/58 | €685 | €0 | -€685 | -100% |
| Total equity and liabilities | 10/49 | €2,853 | €1,047 | -€1,806 | -63.3% |
| Equity | 10/15 | -€12,808 | -€14,879 | -€2,070 | -16.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,808 | -€17,879 | -€2,070 | -13.1% |
| Amounts payable | 17/49 | €15,661 | €15,925 | +€264 | +1.7% |
| Amounts payable within one year | 42/48 | €15,661 | €15,925 | +€264 | +1.7% |
| Trade debts | 44 | €785 | €487 | -€298 | -38.0% |
| Suppliers | 440/4 | €785 | €487 | -€298 | -38.0% |
| Other amounts payable | 47/48 | €14,876 | €15,438 | +€562 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €637 | €637 | = | 0.0% |
| Other operating charges | 640/8 | €218 | €139 | -€79 | -36.3% |
| Gross operating margin | 9900 | -€10,322 | -€1,294 | +€9,028 | +87.5% |
| Operating profit (loss) | 9901 | -€11,178 | -€2,070 | +€9,107 | +81.5% |
| Financial charges | 65/66B | €233 | €0 | -€233 | -100% |
| Recurring financial charges | 65 | €233 | €0 | -€233 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€11,410 | -€2,070 | +€9,340 | +81.9% |
| Profit (loss) for the period | 9904 | -€11,410 | -€2,070 | +€9,340 | +81.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,410 | -€2,070 | +€9,340 | +81.9% |
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 25 October 2026 via checked.be.