KESSANA: 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.
KESSANA
Largest movements
- Cash +€22,038
up €22,038 (+84.1%), from €26,207 to €48,244
mainly Net result for the year (+€54,443) and Depreciation (+€21,843)
- Tangible fixed assets -€15,939
down €15,939 (-14.4%), from €110,786 to €94,847
of which Other tangible fixed assets: -€16,121
- Receivables within one year -€12,420
down €12,420 (-21.4%), from €57,916 to €45,496
of which Other amounts receivable: -€11,959
- Trade debts +€6,848
up €6,848 (+53.3%), from €12,851 to €19,699
- Tax, wage and social debts -€6,822
down €6,822 (-24.5%), from €27,896 to €21,074
of which Remuneration and social security: -€5,226
- Reserves -€5,900
down €5,900 (-9.2%), from €64,083 to €58,183
of which Distributable reserves: -€5,900
- Staff costs -€71,458
down €71,458 (-49.3%), from €144,909 to €73,451
- Gross operating margin -€59,944
down €59,944 (-27.3%), from €219,209 to €159,265
- Taxes +€2,426
up €2,426 (+70.3%), from €3,449 to €5,875
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 | €205,020 | €199,489 | -€5,531 | -2.7% |
| Fixed assets | 21/28 | €116,124 | €100,185 | -€15,939 | -13.7% |
| Tangible fixed assets | 22/27 | €110,786 | €94,847 | -€15,939 | -14.4% |
| Furniture and vehicles | 24 | €18,679 | €18,862 | +€182 | +1.0% |
| Other tangible fixed assets | 26 | €92,106 | €75,985 | -€16,121 | -17.5% |
| Financial fixed assets | 28 | €5,338 | €5,338 | = | 0.0% |
| Current assets | 29/58 | €88,896 | €99,304 | +€10,407 | +11.7% |
| Stocks and contracts in progress | 3 | €3,783 | €3,733 | -€50 | -1.3% |
| Stocks | 30/36 | €3,783 | €3,733 | -€50 | -1.3% |
| Amounts receivable within one year | 40/41 | €57,916 | €45,496 | -€12,420 | -21.4% |
| Trade receivables | 40 | €709 | €248 | -€461 | -65.0% |
| Other amounts receivable | 41 | €57,206 | €45,247 | -€11,959 | -20.9% |
| Cash at bank and in hand | 54/58 | €26,207 | €48,244 | +€22,038 | +84.1% |
| Deferred charges and accrued income | 490/1 | €991 | €1,831 | +€840 | +84.8% |
| Total equity and liabilities | 10/49 | €205,020 | €199,489 | -€5,531 | -2.7% |
| Equity | 10/15 | €104,274 | €98,717 | -€5,557 | -5.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €64,083 | €58,183 | -€5,900 | -9.2% |
| Non-distributable reserves | 130/1 | €20,183 | €20,183 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,183 | €20,183 | = | 0.0% |
| Distributable reserves | 133 | €43,900 | €38,000 | -€5,900 | -13.4% |
| Profit (loss) carried forward | 14 | €21,599 | €21,942 | +€343 | +1.6% |
| Amounts payable | 17/49 | €100,747 | €100,773 | +€26 | 0.0% |
| Amounts payable within one year | 42/48 | €100,747 | €100,773 | +€26 | 0.0% |
| Trade debts | 44 | €12,851 | €19,699 | +€6,848 | +53.3% |
| Suppliers | 440/4 | €12,851 | €19,699 | +€6,848 | +53.3% |
| Taxes, remuneration and social security | 45 | €27,896 | €21,074 | -€6,822 | -24.5% |
| Taxes | 450/3 | €15,061 | €13,465 | -€1,596 | -10.6% |
| Remuneration and social security | 454/9 | €12,835 | €7,609 | -€5,226 | -40.7% |
| Other amounts payable | 47/48 | €60,000 | €60,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €144,909 | €73,451 | -€71,458 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,459 | €21,843 | -€616 | -2.7% |
| Other operating charges | 640/8 | €1,410 | €1,683 | +€273 | +19.4% |
| Non-recurring operating charges | 66A | €1,130 | €2,056 | +€926 | +81.9% |
| Gross operating margin | 9900 | €219,209 | €159,265 | -€59,944 | -27.3% |
| Operating profit (loss) | 9901 | €49,302 | €60,233 | +€10,931 | +22.2% |
| Financial income | 75/76B | €4,343 | €2,776 | -€1,567 | -36.1% |
| Recurring financial income | 75 | €4,343 | €2,776 | -€1,567 | -36.1% |
| Financial charges | 65/66B | €3,221 | €2,691 | -€530 | -16.5% |
| Recurring financial charges | 65 | €3,221 | €2,691 | -€530 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €50,424 | €60,318 | +€9,894 | +19.6% |
| Income taxes | 67/77 | €3,449 | €5,875 | +€2,426 | +70.3% |
| Profit (loss) for the period | 9904 | €46,975 | €54,443 | +€7,468 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,975 | €54,443 | +€7,468 | +15.9% |
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 20 October 2026 via checked.be.