KAYOTO 8: 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.
KAYOTO 8
Largest movements
- Cash +€17,598
up €17,598 (+204%), from €8,615 to €26,213
mainly Trade debts (+€7,357) and Net result for the year (+€6,729)
- Deferred charges and accrued income -€2,574
down €2,574 (-60.2%), from €4,278 to €1,704
- Tangible fixed assets -€2,094
down €2,094 (-9.1%), from €22,997 to €20,903
of which Land and buildings: -€1,809
- Trade debts +€7,357
up €7,357 (+102%), from €7,194 to €14,551
- Profit (loss) carried forward +€6,729
up €6,729 (+68.4%), from €9,841 to €16,570
- Gross operating margin +€4,487
up €4,487 (+38.3%), from €11,715 to €16,202
- Turnover +€3,474
up €3,474 (+2.1%), from €168,278 to €171,752
- Other operating charges +€3,215
up €3,215 (+279%), from €1,151 to €4,366
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 | €42,876 | €56,331 | +€13,455 | +31.4% |
| Fixed assets | 21/28 | €23,151 | €21,057 | -€2,094 | -9.0% |
| Tangible fixed assets | 22/27 | €22,997 | €20,903 | -€2,094 | -9.1% |
| Land and buildings | 22 | €20,703 | €18,894 | -€1,809 | -8.7% |
| Plant, machinery and equipment | 23 | €2,294 | €2,009 | -€285 | -12.4% |
| Financial fixed assets | 28 | €154 | €154 | = | 0.0% |
| Current assets | 29/58 | €19,725 | €35,274 | +€15,549 | +78.8% |
| Stocks and contracts in progress | 3 | €3,512 | €3,890 | +€378 | +10.8% |
| Stocks | 30/36 | €3,512 | €3,890 | +€378 | +10.8% |
| Amounts receivable within one year | 40/41 | €3,320 | €3,467 | +€147 | +4.4% |
| Trade receivables | 40 | €239 | - | -€239 | |
| Other amounts receivable | 41 | €3,081 | €3,467 | +€386 | +12.5% |
| Cash at bank and in hand | 54/58 | €8,615 | €26,213 | +€17,598 | +204% |
| Deferred charges and accrued income | 490/1 | €4,278 | €1,704 | -€2,574 | -60.2% |
| Total equity and liabilities | 10/49 | €42,876 | €56,331 | +€13,455 | +31.4% |
| Equity | 10/15 | €28,441 | €35,170 | +€6,729 | +23.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,841 | €16,570 | +€6,729 | +68.4% |
| Amounts payable | 17/49 | €14,435 | €21,161 | +€6,726 | +46.6% |
| Amounts payable within one year | 42/48 | €14,435 | €21,161 | +€6,726 | +46.6% |
| Trade debts | 44 | €7,194 | €14,551 | +€7,357 | +102% |
| Suppliers | 440/4 | €7,194 | €14,551 | +€7,357 | +102% |
| Taxes, remuneration and social security | 45 | €7,078 | €6,610 | -€468 | -6.6% |
| Taxes | 450/3 | €7,078 | €6,610 | -€468 | -6.6% |
| Other amounts payable | 47/48 | €163 | - | -€163 | |
| Turnover | 70 | €168,278 | €171,752 | +€3,474 | +2.1% |
| Non-recurring operating income | 76A | - | €412 | +€412 | |
| Goods, raw materials, services and sundry goods | 60/61 | €156,563 | €155,962 | -€601 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,094 | €2,094 | = | 0.0% |
| Other operating charges | 640/8 | €1,151 | €4,366 | +€3,215 | +279% |
| Gross operating margin | 9900 | €11,715 | €16,202 | +€4,487 | +38.3% |
| Operating profit (loss) | 9901 | €8,470 | €9,742 | +€1,272 | +15.0% |
| Financial charges | 65/66B | €354 | €1,171 | +€817 | +231% |
| Recurring financial charges | 65 | €354 | €1,171 | +€817 | +231% |
| Profit (loss) for the period before taxes | 9903 | €8,116 | €8,571 | +€455 | +5.6% |
| Income taxes | 67/77 | €1,769 | €1,842 | +€73 | +4.1% |
| Profit (loss) for the period | 9904 | €6,347 | €6,729 | +€382 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,347 | €6,729 | +€382 | +6.0% |
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 30 October 2026 via checked.be.