Kazqada: 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.
Kazqada
Largest movements
- Receivables within one year +€14,433
up €14,433 (+62.1%), from €23,225 to €37,658
of which Trade receivables: +€14,809
- Cash -€10,719
down €10,719 (-46.5%), from €23,027 to €12,308
mainly Receivables within one year (-€14,433) and Net result for the year (-€835)
- Trade debts +€3,501
up €3,501 (+2013.5%), from €174 to €3,675
- Tax, wage and social debts +€1,746
up €1,746 (+57.2%), from €3,054 to €4,800
of which Remuneration and social security: +€2,360
- Profit (loss) carried forward -€835
down €835 (-6.8%), from -€12,369 to -€13,204
- Gross operating margin -€13,942
down €13,942 (-95.3%), from €14,625 to €683
- Depreciation -€199
down €199 (-21.2%), from €939 to €740
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 | €52,957 | €57,196 | +€4,239 | +8.0% |
| Fixed assets | 21/28 | €662 | €755 | +€93 | +14.1% |
| Tangible fixed assets | 22/27 | €662 | €755 | +€93 | +14.1% |
| Plant, machinery and equipment | 23 | €662 | €271 | -€391 | -59.1% |
| Furniture and vehicles | 24 | - | €485 | +€485 | |
| Current assets | 29/58 | €52,295 | €56,441 | +€4,146 | +7.9% |
| Amounts receivable within one year | 40/41 | €23,225 | €37,658 | +€14,433 | +62.1% |
| Trade receivables | 40 | €15,207 | €30,015 | +€14,809 | +97.4% |
| Other amounts receivable | 41 | €8,018 | €7,643 | -€375 | -4.7% |
| Cash at bank and in hand | 54/58 | €23,027 | €12,308 | -€10,719 | -46.5% |
| Deferred charges and accrued income | 490/1 | €6,043 | €6,474 | +€431 | +7.1% |
| Total equity and liabilities | 10/49 | €52,957 | €57,196 | +€4,239 | +8.0% |
| Equity | 10/15 | €42,602 | €41,767 | -€835 | -2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €42,571 | €42,571 | = | 0.0% |
| Distributable reserves | 133 | €42,571 | €42,571 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,369 | -€13,204 | -€835 | -6.8% |
| Amounts payable | 17/49 | €10,355 | €15,429 | +€5,074 | +49.0% |
| Amounts payable within one year | 42/48 | €7,515 | €12,756 | +€5,241 | +69.7% |
| Trade debts | 44 | €174 | €3,675 | +€3,501 | +2013.5% |
| Suppliers | 440/4 | €174 | €3,675 | +€3,501 | +2013.5% |
| Taxes, remuneration and social security | 45 | €3,054 | €4,800 | +€1,746 | +57.2% |
| Taxes | 450/3 | €3,054 | €2,440 | -€614 | -20.1% |
| Remuneration and social security | 454/9 | - | €2,360 | +€2,360 | |
| Other amounts payable | 47/48 | €4,286 | €4,281 | -€6 | -0.1% |
| Accrued charges and deferred income | 492/3 | €2,840 | €2,673 | -€167 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €939 | €740 | -€199 | -21.2% |
| Other operating charges | 640/8 | €747 | €640 | -€107 | -14.3% |
| Gross operating margin | 9900 | €14,625 | €683 | -€13,942 | -95.3% |
| Operating profit (loss) | 9901 | €12,938 | -€698 | -€13,636 | |
| Financial income | 75/76B | €128 | €102 | -€26 | -20.5% |
| Recurring financial income | 75 | €128 | €102 | -€26 | -20.5% |
| Financial charges | 65/66B | €115 | €102 | -€13 | -11.5% |
| Recurring financial charges | 65 | €115 | €102 | -€13 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €12,951 | -€698 | -€13,649 | |
| Income taxes | 67/77 | €125 | €138 | +€13 | +10.3% |
| Profit (loss) for the period | 9904 | €12,827 | -€835 | -€13,662 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,827 | -€835 | -€13,662 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.