KHARI: 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.
KHARI
Largest movements
- Receivables within one year -€8,829
no longer reported in 2025 (was €8,829)
- Cash -€613
down €613 (-99.5%), from €616 to €3
mainly Contributions, distributions and other (-€18,600) and Tax, wage and social debts (-€8,163)
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Other debts +€12,221
new in 2025: €12,221
- Tax, wage and social debts -€8,163
no longer reported in 2025 (was €8,163)
- Profit (loss) carried forward +€5,041
up €5,041, from -€3,608 to €1,433
- Gross operating margin +€553
up €553 (+7.9%), from €6,983 to €7,536
- Other operating charges +€117
up €117 (+5.6%), from €2,073 to €2,190
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 | €23,156 | €13,654 | -€9,502 | -41.0% |
| Fixed assets | 21/28 | €11,500 | €11,500 | = | 0.0% |
| Financial fixed assets | 28 | €11,500 | €11,500 | = | 0.0% |
| Current assets | 29/58 | €11,656 | €2,154 | -€9,502 | -81.5% |
| Stocks and contracts in progress | 3 | €2,151 | €2,151 | = | 0.0% |
| Stocks | 30/36 | €2,151 | €2,151 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,829 | - | -€8,829 | |
| Other amounts receivable | 41 | €8,829 | - | -€8,829 | |
| Cash at bank and in hand | 54/58 | €616 | €3 | -€613 | -99.5% |
| Deferred charges and accrued income | 490/1 | €60 | - | -€60 | |
| Total equity and liabilities | 10/49 | €23,156 | €13,654 | -€9,502 | -41.0% |
| Equity | 10/15 | €14,992 | €1,433 | -€13,559 | -90.4% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€3,608 | €1,433 | +€5,041 | |
| Amounts payable | 17/49 | €8,163 | €12,221 | +€4,057 | +49.7% |
| Amounts payable within one year | 42/48 | €8,163 | €12,221 | +€4,057 | +49.7% |
| Taxes, remuneration and social security | 45 | €8,163 | - | -€8,163 | |
| Taxes | 450/3 | €8,163 | - | -€8,163 | |
| Other amounts payable | 47/48 | - | €12,221 | +€12,221 | |
| Other operating charges | 640/8 | €2,073 | €2,190 | +€117 | +5.6% |
| Gross operating margin | 9900 | €6,983 | €7,536 | +€553 | +7.9% |
| Operating profit (loss) | 9901 | €4,910 | €5,346 | +€436 | +8.9% |
| Financial charges | 65/66B | €334 | €305 | -€28 | -8.5% |
| Recurring financial charges | 65 | €334 | €305 | -€28 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €4,576 | €5,041 | +€465 | +10.2% |
| Profit (loss) for the period | 9904 | €4,576 | €5,041 | +€465 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,576 | €5,041 | +€465 | +10.2% |
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 17 October 2026 via checked.be.