Kawé: 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.
Kawé
Largest movements
- Cash +€2,706
up €2,706 (+44.6%), from €6,068 to €8,774
mainly Trade debts (+€16,507) and Net result for the year (+€15,518)
- Receivables within one year +€1,554
up €1,554 (+10.6%), from €14,691 to €16,245
of which Trade receivables: +€1,592
- Debts after one year -€37,500
down €37,500 (-100.0%), from €37,500 to €0
- Trade debts +€16,507
up €16,507 (+128.8%), from €12,812 to €29,320
- Profit (loss) carried forward +€15,518
up €15,518 (+11.0%), from -€141,602 to -€126,083
- Other debts +€7,407
up €7,407 (+8.4%), from €87,939 to €95,345
- Tax, wage and social debts +€2,849
up €2,849 (+76.9%), from €3,706 to €6,555
of which Taxes: +€2,911
- Gross operating margin -€18,002
down €18,002 (-49.1%), from €36,633 to €18,631
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 | €20,759 | €25,019 | +€4,260 | +20.5% |
| Current assets | 29/58 | €20,759 | €25,019 | +€4,260 | +20.5% |
| Amounts receivable within one year | 40/41 | €14,691 | €16,245 | +€1,554 | +10.6% |
| Trade receivables | 40 | €14,653 | €16,245 | +€1,592 | +10.9% |
| Other amounts receivable | 41 | €38 | €0 | -€38 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,068 | €8,774 | +€2,706 | +44.6% |
| Total equity and liabilities | 10/49 | €20,759 | €25,019 | +€4,260 | +20.5% |
| Equity | 10/15 | -€123,002 | -€107,483 | +€15,518 | +12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,602 | -€126,083 | +€15,518 | +11.0% |
| Amounts payable | 17/49 | €143,760 | €132,502 | -€11,258 | -7.8% |
| Amounts payable after more than one year | 17 | €37,500 | €0 | -€37,500 | -100.0% |
| Other amounts payable | 178/9 | €37,500 | €0 | -€37,500 | -100.0% |
| Amounts payable within one year | 42/48 | €104,457 | €131,220 | +€26,763 | +25.6% |
| Trade debts | 44 | €12,812 | €29,320 | +€16,507 | +128.8% |
| Suppliers | 440/4 | €12,812 | €29,320 | +€16,507 | +128.8% |
| Taxes, remuneration and social security | 45 | €3,706 | €6,555 | +€2,849 | +76.9% |
| Taxes | 450/3 | €1,369 | €4,280 | +€2,911 | +212.6% |
| Remuneration and social security | 454/9 | €2,337 | €2,274 | -€62 | -2.7% |
| Other amounts payable | 47/48 | €87,939 | €95,345 | +€7,407 | +8.4% |
| Accrued charges and deferred income | 492/3 | €1,803 | €1,282 | -€521 | -28.9% |
| Other operating charges | 640/8 | €841 | €1,002 | +€161 | +19.1% |
| Gross operating margin | 9900 | €36,633 | €18,631 | -€18,002 | -49.1% |
| Operating profit (loss) | 9901 | €35,793 | €17,630 | -€18,163 | -50.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,061 | €1,728 | -€333 | -16.2% |
| Recurring financial charges | 65 | €2,061 | €1,728 | -€333 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €33,731 | €15,902 | -€17,829 | -52.9% |
| Income taxes | 67/77 | €181 | €384 | +€203 | +111.8% |
| Profit (loss) for the period | 9904 | €33,550 | €15,518 | -€18,032 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,550 | €15,518 | -€18,032 | -53.7% |
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 7 October 2026 via checked.be.