KAYA: 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.
KAYA
Largest movements
- Tangible fixed assets -€14,929
down €14,929 (-16.9%), from €88,103 to €73,174
- Receivables within one year -€9,166
down €9,166 (-22.0%), from €41,708 to €32,542
of which Other amounts receivable: -€15,281
- Other debts +€48,787
new in 2025: €48,787
- Trade debts -€19,361
down €19,361 (-99.5%), from €19,455 to €95
- Profit (loss) carried forward -€19,073
down €19,073 (-28.5%), from €66,936 to €47,863
- Debts after one year -€17,620
down €17,620 (-78.4%), from €22,462 to €4,842
- Tax, wage and social debts -€15,146
down €15,146 (-66.3%), from €22,859 to €7,713
of which Remuneration and social security: -€14,827
- Gross operating margin -€62,246
down €62,246 (-80.9%), from €76,950 to €14,704
- Staff costs -€16,698
down €16,698 (-48.6%), from €34,357 to €17,659
- Other operating charges -€1,491
down €1,491 (-60.3%), from €2,472 to €981
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 | €134,597 | €111,700 | -€22,897 | -17.0% |
| Fixed assets | 21/28 | €88,103 | €73,174 | -€14,929 | -16.9% |
| Tangible fixed assets | 22/27 | €88,103 | €73,174 | -€14,929 | -16.9% |
| Furniture and vehicles | 24 | €88,103 | €73,174 | -€14,929 | -16.9% |
| Current assets | 29/58 | €46,494 | €38,526 | -€7,969 | -17.1% |
| Amounts receivable within one year | 40/41 | €41,708 | €32,542 | -€9,166 | -22.0% |
| Trade receivables | 40 | - | €6,115 | +€6,115 | |
| Other amounts receivable | 41 | €41,708 | €26,427 | -€15,281 | -36.6% |
| Cash at bank and in hand | 54/58 | €4,133 | €5,330 | +€1,197 | +29.0% |
| Deferred charges and accrued income | 490/1 | €653 | €653 | = | 0.0% |
| Total equity and liabilities | 10/49 | €134,597 | €111,700 | -€22,897 | -17.0% |
| Equity | 10/15 | €69,336 | €50,263 | -€19,073 | -27.5% |
| Reserves | 13 | €2,400 | €2,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,400 | €2,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,936 | €47,863 | -€19,073 | -28.5% |
| Amounts payable | 17/49 | €65,262 | €61,437 | -€3,824 | -5.9% |
| Amounts payable after more than one year | 17 | €22,462 | €4,842 | -€17,620 | -78.4% |
| Financial debts | 170/4 | €22,462 | €4,842 | -€17,620 | -78.4% |
| Amounts payable within one year | 42/48 | €42,800 | €56,595 | +€13,795 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €485 | - | -€485 | |
| Trade debts | 44 | €19,455 | €95 | -€19,361 | -99.5% |
| Suppliers | 440/4 | €19,455 | €95 | -€19,361 | -99.5% |
| Taxes, remuneration and social security | 45 | €22,859 | €7,713 | -€15,146 | -66.3% |
| Taxes | 450/3 | €5,191 | €4,872 | -€319 | -6.1% |
| Remuneration and social security | 454/9 | €17,668 | €2,841 | -€14,827 | -83.9% |
| Other amounts payable | 47/48 | - | €48,787 | +€48,787 | |
| Remuneration, social security and pensions | 62 | €34,357 | €17,659 | -€16,698 | -48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,929 | €14,929 | = | 0.0% |
| Other operating charges | 640/8 | €2,472 | €981 | -€1,491 | -60.3% |
| Gross operating margin | 9900 | €76,950 | €14,704 | -€62,246 | -80.9% |
| Operating profit (loss) | 9901 | €25,193 | -€18,864 | -€44,057 | |
| Financial charges | 65/66B | €266 | €209 | -€57 | -21.5% |
| Recurring financial charges | 65 | €266 | €209 | -€57 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €24,927 | -€19,073 | -€44,000 | |
| Profit (loss) for the period | 9904 | €24,927 | -€19,073 | -€44,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,927 | -€19,073 | -€44,000 |
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 16 October 2026 via checked.be.