KAZAN: what changed
Two fiscal 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.
KAZAN
Largest movements
- Receivables within one year +€1,927
up €1,927 (+51.9%), from €3,710 to €5,637
- Profit (loss) carried forward +€1,223
up €1,223 (+1.3%), from €93,434 to €94,657
- Gross operating margin +€136
no longer reported in 2025 (was -€136)
- Other operating charges -€104
down €104 (-15.1%), from €689 to €585
- Financial income +€27
up €27 (+1.4%), from €1,968 to €1,995
- Taxes -€9
new in 2025: -€9
- Financial charges +€2
up €2 (+1.0%), from €194 to €196
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.
Cash bridge derived
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 | €107,003 | €108,226 | +€1,223 | +1.1% |
| Current assets | 29/58 | €107,003 | €108,226 | +€1,223 | +1.1% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,710 | €5,637 | +€1,927 | +51.9% |
| Other amounts receivable | 41 | €3,710 | €5,637 | +€1,927 | +51.9% |
| Cash at bank and in hand | 54/58 | €25,793 | €25,089 | -€704 | -2.7% |
| Deferred charges and accrued income | 490/1 | €7,500 | €7,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €107,003 | €108,226 | +€1,223 | +1.1% |
| Equity | 10/15 | €107,003 | €108,226 | +€1,223 | +1.1% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €4,893 | €4,893 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,034 | €3,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,434 | €94,657 | +€1,223 | +1.3% |
| Other operating charges | 640/8 | €689 | €585 | -€104 | -15.1% |
| Gross operating margin | 9900 | -€136 | - | +€136 | |
| Operating profit (loss) | 9901 | -€825 | -€585 | +€240 | +29.1% |
| Financial income | 75/76B | €1,968 | €1,995 | +€27 | +1.4% |
| Recurring financial income | 75 | €1,968 | €1,995 | +€27 | +1.4% |
| Financial charges | 65/66B | €194 | €196 | +€2 | +1.0% |
| Recurring financial charges | 65 | €194 | €196 | +€2 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €949 | €1,214 | +€265 | +27.9% |
| Income taxes | 67/77 | - | -€9 | -€9 | |
| Profit (loss) for the period | 9904 | €949 | €1,223 | +€274 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €949 | €1,223 | +€274 | +28.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.