Kaynat 2016: 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.
Kaynat 2016
Largest movements
- Tangible fixed assets -€9,977
down €9,977 (-25.2%), from €39,546 to €29,568
of which Furniture and vehicles: -€6,439
- Receivables within one year +€7,350
up €7,350 (+57.3%), from €12,838 to €20,188
of which Trade receivables: +€7,724
- Trade debts +€15,853
up €15,853 (+154%), from €10,310 to €26,164
- Debts after one year -€9,250
down €9,250 (-29.1%), from €31,825 to €22,575
- Other debts -€7,320
down €7,320 (-24.1%), from €30,353 to €23,033
- Current portion of long-term debt -€6,711
down €6,711 (-51.0%), from €13,165 to €6,454
- Tax, wage and social debts +€2,711
up €2,711 (+126%), from €2,155 to €4,866
- Purchases and services -€46,245
no longer reported in 2025 (was €46,245)
- Gross operating margin -€9,140
down €9,140 (-37.6%), from €24,322 to €15,182
- Financial charges -€4,145
down €4,145 (-81.7%), from €5,075 to €931
- Other operating charges +€1,999
up €1,999 (+309%), from €647 to €2,646
- Depreciation -€659
down €659 (-6.2%), from €10,636 to €9,977
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 | €65,791 | €62,703 | -€3,088 | -4.7% |
| Fixed assets | 21/28 | €39,546 | €29,568 | -€9,977 | -25.2% |
| Tangible fixed assets | 22/27 | €39,546 | €29,568 | -€9,977 | -25.2% |
| Plant, machinery and equipment | 23 | €17,634 | €17,634 | = | 0.0% |
| Furniture and vehicles | 24 | €17,860 | €11,420 | -€6,439 | -36.1% |
| Leasing and similar rights | 25 | €4,052 | €514 | -€3,538 | -87.3% |
| Current assets | 29/58 | €26,245 | €33,135 | +€6,889 | +26.2% |
| Stocks and contracts in progress | 3 | €9,267 | €9,267 | = | 0.0% |
| Stocks | 30/36 | €9,267 | €9,267 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,838 | €20,188 | +€7,350 | +57.3% |
| Trade receivables | 40 | €11,719 | €19,443 | +€7,724 | +65.9% |
| Other amounts receivable | 41 | €1,119 | €745 | -€374 | -33.4% |
| Cash at bank and in hand | 54/58 | €4,140 | €3,680 | -€461 | -11.1% |
| Total equity and liabilities | 10/49 | €65,791 | €62,703 | -€3,088 | -4.7% |
| Equity | 10/15 | -€22,018 | -€20,389 | +€1,629 | +7.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,018 | -€25,389 | +€1,629 | +6.0% |
| Amounts payable | 17/49 | €87,809 | €83,092 | -€4,717 | -5.4% |
| Amounts payable after more than one year | 17 | €31,825 | €22,575 | -€9,250 | -29.1% |
| Financial debts | 170/4 | €31,825 | €22,575 | -€9,250 | -29.1% |
| Amounts payable within one year | 42/48 | €55,984 | €60,517 | +€4,533 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €13,165 | €6,454 | -€6,711 | -51.0% |
| Trade debts | 44 | €10,310 | €26,164 | +€15,853 | +154% |
| Suppliers | 440/4 | €10,310 | €26,164 | +€15,853 | +154% |
| Taxes, remuneration and social security | 45 | €2,155 | €4,866 | +€2,711 | +126% |
| Taxes | 450/3 | €2,155 | €4,866 | +€2,711 | +126% |
| Other amounts payable | 47/48 | €30,353 | €23,033 | -€7,320 | -24.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €46,245 | - | -€46,245 | |
| Remuneration, social security and pensions | 62 | €466 | - | -€466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,636 | €9,977 | -€659 | -6.2% |
| Other operating charges | 640/8 | €647 | €2,646 | +€1,999 | +309% |
| Gross operating margin | 9900 | €24,322 | €15,182 | -€9,140 | -37.6% |
| Operating profit (loss) | 9901 | €12,574 | €2,559 | -€10,015 | -79.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,075 | €931 | -€4,145 | -81.7% |
| Recurring financial charges | 65 | €5,075 | €931 | -€4,145 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €7,498 | €1,629 | -€5,869 | -78.3% |
| Profit (loss) for the period | 9904 | €7,498 | €1,629 | -€5,869 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,498 | €1,629 | -€5,869 | -78.3% |
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 23 October 2026 via checked.be.