KAWAN DIAMONDS: 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.
KAWAN DIAMONDS
Largest movements
- Stocks and contracts -€815,935
no longer reported in 2025 (was €815,935)
- Cash -€99,396
down €99,396 (-70.6%), from €140,723 to €41,327
mainly Trade debts (-€1.1m) and Receivables within one year (-€65,430)
- Receivables within one year +€65,430
up €65,430 (+16.4%), from €400,031 to €465,461
of which Other amounts receivable: +€37,464
- Trade debts -€1.1m
down €1.1m (-99.6%), from €1.1m to €4,335
- Reserves +€173,913
up €173,913 (+65.8%), from €264,113 to €438,026
of which Distributable reserves: +€173,913
- Profit (loss) carried forward +€50,330
no longer reported in 2025 (was -€50,330)
- Gross operating margin +€234,417
up €234,417 (+944%), from €24,844 to €259,261
- Other operating charges +€16,277
up €16,277 (+696%), from €2,338 to €18,616
- Taxes +€16,176
up €16,176 (+86.0%), from €18,802 to €34,977
- Depreciation -€2,621
down €2,621 (-88.5%), from €2,963 to €342
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 | €1,365,231 | €508,855 | -€856,377 | -62.7% |
| Fixed assets | 21/28 | €6,982 | €792 | -€6,190 | -88.7% |
| Tangible fixed assets | 22/27 | €6,482 | €292 | -€6,190 | -95.5% |
| Plant, machinery and equipment | 23 | €532 | €292 | -€240 | -45.1% |
| Furniture and vehicles | 24 | €5,950 | €0 | -€5,950 | -100.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,358,249 | €508,063 | -€850,187 | -62.6% |
| Stocks and contracts in progress | 3 | €815,935 | - | -€815,935 | |
| Stocks | 30/36 | €815,935 | - | -€815,935 | |
| Amounts receivable within one year | 40/41 | €400,031 | €465,461 | +€65,430 | +16.4% |
| Trade receivables | 40 | €10,000 | €37,966 | +€27,966 | +280% |
| Other amounts receivable | 41 | €390,031 | €427,495 | +€37,464 | +9.6% |
| Cash at bank and in hand | 54/58 | €140,723 | €41,327 | -€99,396 | -70.6% |
| Deferred charges and accrued income | 490/1 | €1,560 | €1,274 | -€286 | -18.3% |
| Total equity and liabilities | 10/49 | €1,365,231 | €508,855 | -€856,377 | -62.7% |
| Equity | 10/15 | €219,988 | €444,231 | +€224,243 | +102% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €264,113 | €438,026 | +€173,913 | +65.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €262,253 | €436,166 | +€173,913 | +66.3% |
| Profit (loss) carried forward | 14 | -€50,330 | - | +€50,330 | |
| Amounts payable | 17/49 | €1,145,243 | €64,623 | -€1.1m | -94.4% |
| Amounts payable within one year | 42/48 | €1,145,243 | €64,623 | -€1.1m | -94.4% |
| Trade debts | 44 | €1,094,179 | €4,335 | -€1.1m | -99.6% |
| Suppliers | 440/4 | €1,094,179 | €4,335 | -€1.1m | -99.6% |
| Taxes, remuneration and social security | 45 | €51,064 | €60,289 | +€9,225 | +18.1% |
| Taxes | 450/3 | €51,064 | €60,289 | +€9,225 | +18.1% |
| Remuneration, social security and pensions | 62 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,963 | €342 | -€2,621 | -88.5% |
| Other operating charges | 640/8 | €2,338 | €18,616 | +€16,277 | +696% |
| Non-recurring operating charges | 66A | - | €403 | +€403 | |
| Gross operating margin | 9900 | €24,844 | €259,261 | +€234,417 | +944% |
| Operating profit (loss) | 9901 | €19,543 | €239,835 | +€220,292 | +1,127% |
| Financial income | 75/76B | €22,533 | €22,003 | -€531 | -2.4% |
| Recurring financial income | 75 | €22,533 | €22,003 | -€531 | -2.4% |
| Financial charges | 65/66B | €2,323 | €2,617 | +€295 | +12.7% |
| Recurring financial charges | 65 | €2,323 | €2,617 | +€295 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €39,753 | €259,220 | +€219,467 | +552% |
| Income taxes | 67/77 | €18,802 | €34,977 | +€16,176 | +86.0% |
| Profit (loss) for the period | 9904 | €20,951 | €224,243 | +€203,291 | +970% |
| Profit (loss) for the period to be appropriated | 9905 | €20,951 | €224,243 | +€203,291 | +970% |
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 22 October 2026 via checked.be.