KHACHANI: 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.
KHACHANI
Largest movements
- Cash -€656,949
down €656,949 (-98.0%), from €670,261 to €13,312
mainly Current investments (-€420,275) and Debts after one year (-€335,764)
- Current investments +€420,275
new in 2025: €420,275
- Tangible fixed assets -€31,559
down €31,559 (-5.1%), from €617,493 to €585,934
of which Land and buildings: -€36,597
- Deferred charges and accrued income +€28,225
up €28,225 (+1888.1%), from €1,495 to €29,720
- Debts after one year -€335,764
down €335,764 (-94.0%), from €357,236 to €21,472
- Trade debts +€55,710
up €55,710 (+28.6%), from €194,839 to €250,549
- Profit (loss) carried forward +€33,802
up €33,802 (+17.9%), from €188,850 to €222,652
- Gross operating margin +€67,521
up €67,521 (+47.7%), from €141,468 to €208,989
- Turnover +€42,736
up €42,736 (+6.9%), from €619,896 to €662,632
- Staff costs -€26,062
down €26,062 (-42.8%), from €60,851 to €34,789
- Purchases and services -€24,785
down €24,785 (-5.2%), from €478,428 to €453,643
- Taxes +€18,612
up €18,612 (+219.7%), from €8,472 to €27,083
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 | €1,476,807 | €1,240,790 | -€236,017 | -16.0% |
| Fixed assets | 21/28 | €618,993 | €587,434 | -€31,559 | -5.1% |
| Tangible fixed assets | 22/27 | €617,493 | €585,934 | -€31,559 | -5.1% |
| Land and buildings | 22 | €590,675 | €554,079 | -€36,597 | -6.2% |
| Furniture and vehicles | 24 | €26,818 | €31,856 | +€5,038 | +18.8% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €857,814 | €653,355 | -€204,459 | -23.8% |
| Stocks and contracts in progress | 3 | €169,206 | €161,947 | -€7,259 | -4.3% |
| Stocks | 30/36 | €169,206 | €161,947 | -€7,259 | -4.3% |
| Amounts receivable within one year | 40/41 | €16,852 | €28,102 | +€11,250 | +66.8% |
| Trade receivables | 40 | €14,299 | €13,000 | -€1,299 | -9.1% |
| Other amounts receivable | 41 | €2,553 | €15,102 | +€12,549 | +491.5% |
| Current investments | 50/53 | - | €420,275 | +€420,275 | |
| Cash at bank and in hand | 54/58 | €670,261 | €13,312 | -€656,949 | -98.0% |
| Deferred charges and accrued income | 490/1 | €1,495 | €29,720 | +€28,225 | +1888.1% |
| Total equity and liabilities | 10/49 | €1,476,807 | €1,240,790 | -€236,017 | -16.0% |
| Equity | 10/15 | €209,410 | €243,212 | +€33,802 | +16.1% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,850 | €222,652 | +€33,802 | +17.9% |
| Amounts payable | 17/49 | €1,267,397 | €997,577 | -€269,820 | -21.3% |
| Amounts payable after more than one year | 17 | €357,236 | €21,472 | -€335,764 | -94.0% |
| Financial debts | 170/4 | €357,236 | €21,472 | -€335,764 | -94.0% |
| Amounts payable within one year | 42/48 | €910,161 | €976,105 | +€65,944 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €86,512 | €83,575 | -€2,936 | -3.4% |
| Trade debts | 44 | €194,839 | €250,549 | +€55,710 | +28.6% |
| Suppliers | 440/4 | €194,839 | €250,549 | +€55,710 | +28.6% |
| Taxes, remuneration and social security | 45 | €390,804 | €395,247 | +€4,443 | +1.1% |
| Taxes | 450/3 | €306,073 | €382,870 | +€76,798 | +25.1% |
| Remuneration and social security | 454/9 | €84,732 | €12,377 | -€72,355 | -85.4% |
| Other amounts payable | 47/48 | €238,006 | €246,734 | +€8,728 | +3.7% |
| Turnover | 70 | €619,896 | €662,632 | +€42,736 | +6.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €478,428 | €453,643 | -€24,785 | -5.2% |
| Remuneration, social security and pensions | 62 | €60,851 | €34,789 | -€26,062 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,109 | €44,059 | -€50 | -0.1% |
| Other operating charges | 640/8 | €6,897 | €2,272 | -€4,624 | -67.1% |
| Gross operating margin | 9900 | €141,468 | €208,989 | +€67,521 | +47.7% |
| Operating profit (loss) | 9901 | €29,611 | €127,869 | +€98,258 | +331.8% |
| Financial income | 75/76B | €4,147 | €781 | -€3,366 | -81.2% |
| Recurring financial income | 75 | €3,847 | €291 | -€3,557 | -92.4% |
| Non-recurring financial income | 76B | €300 | €490 | +€190 | +63.5% |
| Financial charges | 65/66B | €3,358 | €12,050 | +€8,692 | +258.8% |
| Recurring financial charges | 65 | €3,358 | €12,050 | +€8,692 | +258.8% |
| Profit (loss) for the period before taxes | 9903 | €30,400 | €116,600 | +€86,200 | +283.5% |
| Income taxes | 67/77 | €8,472 | €27,083 | +€18,612 | +219.7% |
| Profit (loss) for the period | 9904 | €21,929 | €89,517 | +€67,588 | +308.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,929 | €89,517 | +€67,588 | +308.2% |
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 6 October 2026 via checked.be.