KHANGURHA: 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.
KHANGURHA
Largest movements
- Cash +€11,492
up €11,492 (+22.0%), from €52,274 to €63,766
mainly Trade debts (+€29,733) and Current investments (+€2,990)
- Stocks and contracts +€7,256
up €7,256 (+21.7%), from €33,486 to €40,742
- Current investments -€2,990
down €2,990 (-71.8%), from €4,167 to €1,177
- Receivables within one year +€1,209
up €1,209 (+28.6%), from €4,221 to €5,429
of which Other amounts receivable: +€1,455
- Trade debts +€29,733
new in 2025: €29,733
- Profit (loss) carried forward -€10,996
down €10,996 (-17.1%), from €64,302 to €53,306
- Tax, wage and social debts -€2,351
down €2,351 (-22.6%), from €10,407 to €8,055
of which Taxes: -€1,748
- Turnover +€31,463
up €31,463 (+3.1%), from €1.0m to €1.0m
- Purchases and services +€27,202
up €27,202 (+2.8%), from €963,521 to €990,722
- Staff costs +€12,424
up €12,424 (+28.8%), from €43,167 to €55,591
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 | €95,032 | €111,418 | +€16,386 | +17.2% |
| Current assets | 29/58 | €95,032 | €111,418 | +€16,386 | +17.2% |
| Stocks and contracts in progress | 3 | €33,486 | €40,742 | +€7,256 | +21.7% |
| Stocks | 30/36 | €33,486 | €40,742 | +€7,256 | +21.7% |
| Amounts receivable within one year | 40/41 | €4,221 | €5,429 | +€1,209 | +28.6% |
| Trade receivables | 40 | €246 | - | -€246 | |
| Other amounts receivable | 41 | €3,974 | €5,429 | +€1,455 | +36.6% |
| Current investments | 50/53 | €4,167 | €1,177 | -€2,990 | -71.8% |
| Cash at bank and in hand | 54/58 | €52,274 | €63,766 | +€11,492 | +22.0% |
| Deferred charges and accrued income | 490/1 | €884 | €303 | -€581 | -65.7% |
| Total equity and liabilities | 10/49 | €95,032 | €111,418 | +€16,386 | +17.2% |
| Equity | 10/15 | €84,625 | €73,629 | -€10,996 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,722 | €1,722 | = | 0.0% |
| Distributable reserves | 133 | €1,722 | €1,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,302 | €53,306 | -€10,996 | -17.1% |
| Amounts payable | 17/49 | €10,407 | €37,789 | +€27,382 | +263% |
| Amounts payable within one year | 42/48 | €10,407 | €37,789 | +€27,382 | +263% |
| Trade debts | 44 | - | €29,733 | +€29,733 | |
| Suppliers | 440/4 | - | €29,733 | +€29,733 | |
| Taxes, remuneration and social security | 45 | €10,407 | €8,055 | -€2,351 | -22.6% |
| Taxes | 450/3 | €5,008 | €3,260 | -€1,748 | -34.9% |
| Remuneration and social security | 454/9 | €5,398 | €4,795 | -€603 | -11.2% |
| Turnover | 70 | €1,007,978 | €1,039,441 | +€31,463 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €963,521 | €990,722 | +€27,202 | +2.8% |
| Remuneration, social security and pensions | 62 | €43,167 | €55,591 | +€12,424 | +28.8% |
| Other operating charges | 640/8 | €994 | €1,222 | +€229 | +23.0% |
| Gross operating margin | 9900 | €44,457 | €48,719 | +€4,262 | +9.6% |
| Operating profit (loss) | 9901 | €296 | -€8,094 | -€8,391 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €143 | €330 | +€187 | +131% |
| Recurring financial charges | 65 | €143 | €330 | +€187 | +131% |
| Profit (loss) for the period before taxes | 9903 | €154 | -€8,419 | -€8,573 | |
| Income taxes | 67/77 | €3,483 | €2,577 | -€906 | -26.0% |
| Profit (loss) for the period | 9904 | -€3,329 | -€10,996 | -€7,667 | -230% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,329 | -€10,996 | -€7,667 | -230% |
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 30 October 2026 via checked.be.