KAWAII: 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.
KAWAII
Largest movements
- Receivables within one year -€13,468
down €13,468 (-37.9%), from €35,546 to €22,079
of which Other amounts receivable: -€11,679
- Cash -€10,375
down €10,375 (-100%), from €10,375 to €0
mainly Net result for the year (-€19,247) and Tax, wage and social debts (-€4,179)
- Profit (loss) carried forward -€19,247
down €19,247 (-67.7%), from -€28,412 to -€47,658
- Tax, wage and social debts -€4,179
down €4,179 (-96.2%), from €4,345 to €166
- Short-term financial debts +€495
new in 2025: €495
- Gross operating margin -€16,533
down €16,533, from €6,954 to -€9,578
- Other operating charges -€2,861
down €2,861 (-81.6%), from €3,507 to €646
- Financial income -€1,838
down €1,838 (-99.9%), from €1,840 to €2
- Financial charges +€948
up €948 (+412%), from €230 to €1,179
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 | €47,293 | €23,904 | -€23,388 | -49.5% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €47,293 | €23,904 | -€23,388 | -49.5% |
| Amounts receivable within one year | 40/41 | €35,546 | €22,079 | -€13,468 | -37.9% |
| Trade receivables | 40 | €1,789 | - | -€1,789 | |
| Other amounts receivable | 41 | €33,757 | €22,079 | -€11,679 | -34.6% |
| Current investments | 50/53 | €50 | €44 | -€6 | -11.7% |
| Cash at bank and in hand | 54/58 | €10,375 | €0 | -€10,375 | -100% |
| Deferred charges and accrued income | 490/1 | €1,321 | €1,781 | +€460 | +34.8% |
| Total equity and liabilities | 10/49 | €47,293 | €23,904 | -€23,388 | -49.5% |
| Equity | 10/15 | €41,709 | €22,462 | -€19,247 | -46.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,921 | €63,921 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,061 | €62,061 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,412 | -€47,658 | -€19,247 | -67.7% |
| Amounts payable | 17/49 | €5,584 | €1,442 | -€4,142 | -74.2% |
| Amounts payable within one year | 42/48 | €4,929 | €788 | -€4,142 | -84.0% |
| Financial debts | 43 | - | €495 | +€495 | |
| Credit institutions | 430/8 | - | €495 | +€495 | |
| Trade debts | 44 | €584 | €127 | -€457 | -78.3% |
| Suppliers | 440/4 | €584 | €127 | -€457 | -78.3% |
| Taxes, remuneration and social security | 45 | €4,345 | €166 | -€4,179 | -96.2% |
| Taxes | 450/3 | €4,345 | €166 | -€4,179 | -96.2% |
| Accrued charges and deferred income | 492/3 | €654 | €654 | = | 0.0% |
| Other operating charges | 640/8 | €3,507 | €646 | -€2,861 | -81.6% |
| Non-recurring operating charges | 66A | - | €7,679 | +€7,679 | |
| Gross operating margin | 9900 | €6,954 | -€9,578 | -€16,533 | |
| Operating profit (loss) | 9901 | €3,447 | -€17,904 | -€21,351 | |
| Financial income | 75/76B | €1,840 | €2 | -€1,838 | -99.9% |
| Recurring financial income | 75 | €1,840 | €2 | -€1,838 | -99.9% |
| Financial charges | 65/66B | €230 | €1,179 | +€948 | +412% |
| Recurring financial charges | 65 | €230 | €1,179 | +€948 | +412% |
| Profit (loss) for the period before taxes | 9903 | €5,056 | -€19,081 | -€24,137 | |
| Income taxes | 67/77 | €232 | €166 | -€66 | -28.5% |
| Profit (loss) for the period | 9904 | €4,824 | -€19,247 | -€24,071 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,824 | -€19,247 | -€24,071 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.