KHAYA I: 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.
KHAYA I
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€60,431
up €60,431 (+5.9%), from €1.0m to €1.1m
- Other debts -€53,319
down €53,319 (-82.8%), from €64,368 to €11,049
- Depreciation +€1,141
up €1,141 (+13.0%), from €8,761 to €9,902
- Financial income -€837
down €837 (-1.0%), from €87,434 to €86,597
- Gross operating margin -€786
down €786 (-10.5%), from -€7,489 to -€8,274
- Taxes -€255
down €255 (-4.1%), from €6,298 to €6,043
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 | €2,648,471 | €2,656,773 | +€8,302 | +0.3% |
| Fixed assets | 21/28 | €2,551,019 | €2,541,117 | -€9,902 | -0.4% |
| Tangible fixed assets | 22/27 | €22,019 | €12,117 | -€9,902 | -45.0% |
| Furniture and vehicles | 24 | €22,019 | €12,117 | -€9,902 | -45.0% |
| Financial fixed assets | 28 | €2,529,000 | €2,529,000 | = | 0.0% |
| Current assets | 29/58 | €97,452 | €115,656 | +€18,204 | +18.7% |
| Amounts receivable within one year | 40/41 | €1,282 | €1,577 | +€295 | +23.0% |
| Other amounts receivable | 41 | €1,282 | €1,577 | +€295 | +23.0% |
| Cash at bank and in hand | 54/58 | €95,478 | €113,373 | +€17,895 | +18.7% |
| Deferred charges and accrued income | 490/1 | €692 | €706 | +€14 | +2.0% |
| Total equity and liabilities | 10/49 | €2,648,471 | €2,656,773 | +€8,302 | +0.3% |
| Equity | 10/15 | €2,572,178 | €2,632,609 | +€60,431 | +2.3% |
| Contributions | 10/11 | €1,549,000 | €1,549,000 | = | 0.0% |
| Reserves | 13 | €1,023,178 | €1,083,609 | +€60,431 | +5.9% |
| Distributable reserves | 133 | €1,023,178 | €1,083,609 | +€60,431 | +5.9% |
| Amounts payable | 17/49 | €76,293 | €24,164 | -€52,129 | -68.3% |
| Amounts payable within one year | 42/48 | €76,293 | €24,164 | -€52,129 | -68.3% |
| Trade debts | 44 | €3,398 | €773 | -€2,625 | -77.2% |
| Suppliers | 440/4 | €3,398 | €773 | -€2,625 | -77.2% |
| Taxes, remuneration and social security | 45 | €8,526 | €12,341 | +€3,815 | +44.7% |
| Taxes | 450/3 | €8,526 | €12,341 | +€3,815 | +44.7% |
| Other amounts payable | 47/48 | €64,368 | €11,049 | -€53,319 | -82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,761 | €9,902 | +€1,141 | +13.0% |
| Other operating charges | 640/8 | €1,666 | €1,717 | +€51 | +3.0% |
| Gross operating margin | 9900 | -€7,489 | -€8,274 | -€786 | -10.5% |
| Operating profit (loss) | 9901 | -€17,915 | -€19,893 | -€1,978 | -11.0% |
| Financial income | 75/76B | €87,434 | €86,597 | -€837 | -1.0% |
| Recurring financial income | 75 | €87,434 | €86,597 | -€837 | -1.0% |
| Financial charges | 65/66B | €237 | €230 | -€7 | -3.0% |
| Recurring financial charges | 65 | €237 | €230 | -€7 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €69,282 | €66,474 | -€2,808 | -4.1% |
| Income taxes | 67/77 | €6,298 | €6,043 | -€255 | -4.1% |
| Profit (loss) for the period | 9904 | €62,983 | €60,431 | -€2,553 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,983 | €60,431 | -€2,553 | -4.1% |
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.