Kaylaz: 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.
Kaylaz
Largest movements
- Receivables within one year -€14,595
down €14,595 (-13.1%), from €111,189 to €96,594
of which Other amounts receivable: -€15,049
- Cash +€9,994
up €9,994 (+5,202%), from €192 to €10,186
mainly Net result for the year (+€45,330) and Receivables within one year (+€14,595)
- Stocks and contracts +€6,531
new in 2025: €6,531
- Tangible fixed assets +€2,017
up €2,017 (+16.4%), from €12,315 to €14,331
of which Plant, machinery and equipment: +€3,881
- Profit (loss) carried forward +€45,330
new in 2025: €45,330
- Trade debts -€43,897
down €43,897 (-91.7%), from €47,886 to €3,989
- Tax, wage and social debts +€3,933
up €3,933 (+34.2%), from €11,508 to €15,441
- Gross operating margin +€45,778
up €45,778 (+148%), from €31,023 to €76,801
- Other operating charges +€10,046
up €10,046 (+566%), from €1,776 to €11,822
- Depreciation -€3,522
down €3,522 (-57.4%), from €6,133 to €2,612
- Staff costs -€3,393
down €3,393, from €2,474 to -€920
- Financial income +€2,377
up €2,377 (+2,971,863%), from €0 to €2,378
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 | €128,696 | €132,642 | +€3,946 | +3.1% |
| Fixed assets | 21/28 | €17,315 | €19,331 | +€2,017 | +11.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €12,315 | €14,331 | +€2,017 | +16.4% |
| Land and buildings | 22 | €3,404 | €3,249 | -€155 | -4.5% |
| Plant, machinery and equipment | 23 | €1,356 | €5,237 | +€3,881 | +286% |
| Furniture and vehicles | 24 | €7,555 | €5,845 | -€1,710 | -22.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €111,381 | €113,311 | +€1,930 | +1.7% |
| Stocks and contracts in progress | 3 | - | €6,531 | +€6,531 | |
| Stocks | 30/36 | - | €6,531 | +€6,531 | |
| Amounts receivable within one year | 40/41 | €111,189 | €96,594 | -€14,595 | -13.1% |
| Trade receivables | 40 | - | €455 | +€455 | |
| Other amounts receivable | 41 | €111,189 | €96,140 | -€15,049 | -13.5% |
| Cash at bank and in hand | 54/58 | €192 | €10,186 | +€9,994 | +5,202% |
| Total equity and liabilities | 10/49 | €128,696 | €132,642 | +€3,946 | +3.1% |
| Equity | 10/15 | €66,592 | €111,921 | +€45,330 | +68.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,992 | €47,992 | = | 0.0% |
| 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 | €46,132 | €46,132 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €45,330 | +€45,330 | |
| Amounts payable | 17/49 | €62,104 | €20,721 | -€41,383 | -66.6% |
| Amounts payable within one year | 42/48 | €61,232 | €20,721 | -€40,511 | -66.2% |
| Financial debts | 43 | €1,838 | €1,291 | -€547 | -29.8% |
| Credit institutions | 430/8 | €1,838 | €1,291 | -€547 | -29.8% |
| Trade debts | 44 | €47,886 | €3,989 | -€43,897 | -91.7% |
| Suppliers | 440/4 | €47,886 | €3,989 | -€43,897 | -91.7% |
| Taxes, remuneration and social security | 45 | €11,508 | €15,441 | +€3,933 | +34.2% |
| Taxes | 450/3 | €11,508 | €15,441 | +€3,933 | +34.2% |
| Accrued charges and deferred income | 492/3 | €872 | - | -€872 | |
| Remuneration, social security and pensions | 62 | €2,474 | -€920 | -€3,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,133 | €2,612 | -€3,522 | -57.4% |
| Other operating charges | 640/8 | €1,776 | €11,822 | +€10,046 | +566% |
| Gross operating margin | 9900 | €31,023 | €76,801 | +€45,778 | +148% |
| Operating profit (loss) | 9901 | €20,640 | €63,287 | +€42,647 | +207% |
| Financial income | 75/76B | €0 | €2,378 | +€2,377 | +2,971,863% |
| Recurring financial income | 75 | €0 | €2,378 | +€2,377 | +2,971,863% |
| Financial charges | 65/66B | €858 | €2,572 | +€1,714 | +200% |
| Recurring financial charges | 65 | €858 | €2,572 | +€1,714 | +200% |
| Profit (loss) for the period before taxes | 9903 | €19,783 | €63,094 | +€43,311 | +219% |
| Income taxes | 67/77 | €18,914 | €17,764 | -€1,150 | -6.1% |
| Profit (loss) for the period | 9904 | €869 | €45,330 | +€44,461 | +5,119% |
| Profit (loss) for the period to be appropriated | 9905 | €869 | €45,330 | +€44,461 | +5,119% |
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 27 October 2026 via checked.be.