KF-Calor: 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.
KF-Calor
Largest movements
- Receivables within one year -€23,812
down €23,812 (-60.6%), from €39,304 to €15,492
of which Other amounts receivable: -€23,812
- Tangible fixed assets -€17,680
down €17,680 (-50.3%), from €35,146 to €17,466
- Cash +€1,897
up €1,897 (+3.1%), from €60,948 to €62,845
mainly Net result for the year (+€28,276) and Receivables within one year (+€23,812)
- Profit (loss) carried forward -€66,261
down €66,261 (-100.0%), from €66,261 to €0
- Other debts +€16,110
up €16,110, from €0 to €16,110
- Tax, wage and social debts +€15,720
up €15,720 (+95.9%), from €16,386 to €32,107
- Debts after one year -€5,107
down €5,107 (-48.9%), from €10,448 to €5,341
- Depreciation -€6,708
down €6,708 (-27.5%), from €24,388 to €17,680
- Taxes +€3,559
up €3,559 (+39.9%), from €8,930 to €12,489
- Financial income -€870
down €870 (-69.3%), from €1,255 to €385
- Gross operating margin +€816
up €816 (+1.4%), from €60,221 to €61,037
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 | €153,109 | €113,653 | -€39,456 | -25.8% |
| Fixed assets | 21/28 | €35,146 | €17,466 | -€17,680 | -50.3% |
| Tangible fixed assets | 22/27 | €35,146 | €17,466 | -€17,680 | -50.3% |
| Furniture and vehicles | 24 | €35,146 | €17,466 | -€17,680 | -50.3% |
| Current assets | 29/58 | €117,963 | €96,187 | -€21,776 | -18.5% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,304 | €15,492 | -€23,812 | -60.6% |
| Trade receivables | 40 | €15,492 | €15,492 | = | 0.0% |
| Other amounts receivable | 41 | €23,812 | €0 | -€23,812 | -100.0% |
| Cash at bank and in hand | 54/58 | €60,948 | €62,845 | +€1,897 | +3.1% |
| Deferred charges and accrued income | 490/1 | €2,711 | €2,850 | +€139 | +5.1% |
| Total equity and liabilities | 10/49 | €153,109 | €113,653 | -€39,456 | -25.8% |
| Equity | 10/15 | €118,587 | €52,326 | -€66,261 | -55.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €49,826 | €49,826 | = | 0.0% |
| Distributable reserves | 133 | €49,826 | €49,826 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,261 | €0 | -€66,261 | -100.0% |
| Amounts payable | 17/49 | €34,522 | €61,327 | +€26,805 | +77.6% |
| Amounts payable after more than one year | 17 | €10,448 | €5,341 | -€5,107 | -48.9% |
| Financial debts | 170/4 | €10,448 | €5,341 | -€5,107 | -48.9% |
| Amounts payable within one year | 42/48 | €24,074 | €55,986 | +€31,912 | +132.6% |
| Current portion of amounts payable after more than one year | 42 | €4,883 | €5,107 | +€224 | +4.6% |
| Trade debts | 44 | €2,805 | €2,662 | -€143 | -5.1% |
| Suppliers | 440/4 | €2,805 | €2,662 | -€143 | -5.1% |
| Taxes, remuneration and social security | 45 | €16,386 | €32,107 | +€15,720 | +95.9% |
| Taxes | 450/3 | €16,386 | €32,107 | +€15,720 | +95.9% |
| Other amounts payable | 47/48 | €0 | €16,110 | +€16,110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,388 | €17,680 | -€6,708 | -27.5% |
| Other operating charges | 640/8 | €1,590 | €2,137 | +€547 | +34.4% |
| Gross operating margin | 9900 | €60,221 | €61,037 | +€816 | +1.4% |
| Operating profit (loss) | 9901 | €34,243 | €41,220 | +€6,977 | +20.4% |
| Financial income | 75/76B | €1,255 | €385 | -€870 | -69.3% |
| Recurring financial income | 75 | €1,255 | €385 | -€870 | -69.3% |
| Financial charges | 65/66B | €928 | €840 | -€87 | -9.4% |
| Recurring financial charges | 65 | €928 | €840 | -€87 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €34,570 | €40,765 | +€6,195 | +17.9% |
| Income taxes | 67/77 | €8,930 | €12,489 | +€3,559 | +39.9% |
| Profit (loss) for the period | 9904 | €25,640 | €28,276 | +€2,636 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,640 | €28,276 | +€2,636 | +10.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.