KAYA & CO: 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 & CO
Largest movements
- Cash -€69,276
down €69,276 (-74.3%), from €93,287 to €24,010
mainly Other debts (-€100,000) and Investment in fixed assets (net) (-€12,520)
- Other debts -€100,000
down €100,000 (-34.5%), from €290,000 to €190,000
- Reserves +€27,624
up €27,624 (+4.6%), from €594,381 to €622,005
of which Distributable reserves: +€27,624
- Depreciation +€1,692
up €1,692 (+390%), from €434 to €2,126
- Other operating charges +€1,173
up €1,173 (+113%), from €1,035 to €2,208
- Taxes -€1,068
down €1,068 (-7.6%), from €14,051 to €12,983
- Gross operating margin -€403
down €403 (-1.0%), from €40,245 to €39,842
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 | €1,793,711 | €1,719,452 | -€74,260 | -4.1% |
| Fixed assets | 21/28 | €1,663,178 | €1,673,573 | +€10,395 | +0.6% |
| Tangible fixed assets | 22/27 | €339 | €12,236 | +€11,897 | +3,511% |
| Furniture and vehicles | 24 | €339 | €797 | +€458 | +135% |
| Other tangible fixed assets | 26 | - | €11,439 | +€11,439 | |
| Financial fixed assets | 28 | €1,662,840 | €1,661,337 | -€1,502 | -0.1% |
| Current assets | 29/58 | €130,533 | €45,878 | -€84,655 | -64.9% |
| Amounts receivable within one year | 40/41 | €32,030 | €16,335 | -€15,695 | -49.0% |
| Trade receivables | 40 | €29,835 | €16,335 | -€13,500 | -45.2% |
| Other amounts receivable | 41 | €2,195 | €0 | -€2,195 | -100% |
| Cash at bank and in hand | 54/58 | €93,287 | €24,010 | -€69,276 | -74.3% |
| Deferred charges and accrued income | 490/1 | €5,216 | €5,533 | +€317 | +6.1% |
| Total equity and liabilities | 10/49 | €1,793,711 | €1,719,452 | -€74,260 | -4.1% |
| Equity | 10/15 | €1,302,666 | €1,330,290 | +€27,624 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €594,381 | €622,005 | +€27,624 | +4.6% |
| Non-distributable reserves | 130/1 | €70,860 | €70,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70,860 | €70,860 | = | 0.0% |
| Distributable reserves | 133 | €523,521 | €551,145 | +€27,624 | +5.3% |
| Profit (loss) carried forward | 14 | €689,685 | €689,685 | = | 0.0% |
| Provisions and deferred taxes | 16 | €163,000 | €163,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €163,000 | €163,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €163,000 | €163,000 | = | 0.0% |
| Amounts payable | 17/49 | €328,046 | €226,162 | -€101,884 | -31.1% |
| Amounts payable after more than one year | 17 | €30,841 | €30,798 | -€43 | -0.1% |
| Other amounts payable | 178/9 | €30,841 | €30,798 | -€43 | -0.1% |
| Amounts payable within one year | 42/48 | €296,479 | €194,615 | -€101,864 | -34.4% |
| Trade debts | 44 | €2,572 | €0 | -€2,572 | -100% |
| Suppliers | 440/4 | €2,572 | €0 | -€2,572 | -100% |
| Taxes, remuneration and social security | 45 | €3,907 | €4,615 | +€708 | +18.1% |
| Taxes | 450/3 | €3,907 | €4,615 | +€708 | +18.1% |
| Other amounts payable | 47/48 | €290,000 | €190,000 | -€100,000 | -34.5% |
| Accrued charges and deferred income | 492/3 | €726 | €749 | +€23 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €434 | €2,126 | +€1,692 | +390% |
| Other operating charges | 640/8 | €1,035 | €2,208 | +€1,173 | +113% |
| Gross operating margin | 9900 | €40,245 | €39,842 | -€403 | -1.0% |
| Operating profit (loss) | 9901 | €38,776 | €35,508 | -€3,268 | -8.4% |
| Financial income | 75/76B | €5,478 | €5,754 | +€275 | +5.0% |
| Recurring financial income | 75 | €5,478 | €5,754 | +€275 | +5.0% |
| Financial charges | 65/66B | €658 | €655 | -€2 | -0.4% |
| Recurring financial charges | 65 | €658 | €655 | -€2 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €43,597 | €40,607 | -€2,990 | -6.9% |
| Income taxes | 67/77 | €14,051 | €12,983 | -€1,068 | -7.6% |
| Profit (loss) for the period | 9904 | €29,546 | €27,624 | -€1,922 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,546 | €27,624 | -€1,922 | -6.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.