KHANS: 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.
KHANS
Largest movements
- Receivables within one year +€65,932
up €65,932 (+11.0%), from €599,462 to €665,393
of which Other amounts receivable: +€46,909
- Trade debts +€46,073
up €46,073 (+11.2%), from €412,527 to €458,599
- Profit (loss) carried forward +€28,842
up €28,842 (+8.1%), from €354,118 to €382,960
- Tax, wage and social debts -€13,342
down €13,342 (-31.9%), from €41,832 to €28,490
of which Remuneration and social security: -€9,096
- Gross operating margin -€33,514
down €33,514 (-10.3%), from €324,382 to €290,868
- Taxes -€21,571
down €21,571 (-67.1%), from €32,162 to €10,591
- Other operating charges +€19,080
up €19,080 (+1,050%), from €1,818 to €20,897
- Staff costs +€16,415
up €16,415 (+7.8%), from €211,237 to €227,652
- Depreciation +€5,506
up €5,506 (+1,387%), from €397 to €5,903
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 | €894,123 | €950,650 | +€56,527 | +6.3% |
| Fixed assets | 21/28 | €38,716 | €32,812 | -€5,903 | -15.2% |
| Tangible fixed assets | 22/27 | €16,529 | €10,626 | -€5,903 | -35.7% |
| Furniture and vehicles | 24 | €16,529 | €10,626 | -€5,903 | -35.7% |
| Financial fixed assets | 28 | €22,187 | €22,187 | = | 0.0% |
| Current assets | 29/58 | €855,407 | €917,838 | +€62,430 | +7.3% |
| Stocks and contracts in progress | 3 | €135,197 | €135,197 | = | 0.0% |
| Stocks | 30/36 | €135,197 | €135,197 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €599,462 | €665,393 | +€65,932 | +11.0% |
| Trade receivables | 40 | €9,097 | €28,119 | +€19,023 | +209% |
| Other amounts receivable | 41 | €590,365 | €637,274 | +€46,909 | +7.9% |
| Cash at bank and in hand | 54/58 | €119,648 | €116,147 | -€3,501 | -2.9% |
| Deferred charges and accrued income | 490/1 | €1,100 | €1,100 | = | 0.0% |
| Total equity and liabilities | 10/49 | €894,123 | €950,650 | +€56,527 | +6.3% |
| Equity | 10/15 | €432,218 | €461,060 | +€28,842 | +6.7% |
| Contributions | 10/11 | €71,000 | €71,000 | = | 0.0% |
| Reserves | 13 | €7,100 | €7,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,100 | €7,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,100 | €7,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €354,118 | €382,960 | +€28,842 | +8.1% |
| Amounts payable | 17/49 | €461,905 | €489,589 | +€27,685 | +6.0% |
| Amounts payable within one year | 42/48 | €461,905 | €489,589 | +€27,685 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €5,046 | - | -€5,046 | |
| Trade debts | 44 | €412,527 | €458,599 | +€46,073 | +11.2% |
| Suppliers | 440/4 | €412,527 | €458,599 | +€46,073 | +11.2% |
| Taxes, remuneration and social security | 45 | €41,832 | €28,490 | -€13,342 | -31.9% |
| Taxes | 450/3 | €28,165 | €23,919 | -€4,246 | -15.1% |
| Remuneration and social security | 454/9 | €13,668 | €4,572 | -€9,096 | -66.6% |
| Other amounts payable | 47/48 | €2,500 | €2,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €211,237 | €227,652 | +€16,415 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €397 | €5,903 | +€5,506 | +1,387% |
| Other operating charges | 640/8 | €1,818 | €20,897 | +€19,080 | +1,050% |
| Gross operating margin | 9900 | €324,382 | €290,868 | -€33,514 | -10.3% |
| Operating profit (loss) | 9901 | €110,930 | €36,416 | -€74,514 | -67.2% |
| Financial income | 75/76B | €3,189 | €4,895 | +€1,706 | +53.5% |
| Recurring financial income | 75 | €3,189 | €4,895 | +€1,706 | +53.5% |
| Financial charges | 65/66B | €4,817 | €1,877 | -€2,940 | -61.0% |
| Recurring financial charges | 65 | €4,817 | €1,877 | -€2,940 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €109,302 | €39,433 | -€69,869 | -63.9% |
| Income taxes | 67/77 | €32,162 | €10,591 | -€21,571 | -67.1% |
| Profit (loss) for the period | 9904 | €77,140 | €28,842 | -€48,298 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,140 | €28,842 | -€48,298 | -62.6% |
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 13 October 2026 via checked.be.