KHOGIANI: 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.
KHOGIANI
Largest movements
- Receivables within one year -€6,398
down €6,398 (-58.6%), from €10,918 to €4,520
- Tangible fixed assets +€1,389
up €1,389 (+322%), from €431 to €1,820
of which Plant, machinery and equipment: +€908
- Cash +€374
up €374 (+13.9%), from €2,691 to €3,065
mainly Receivables within one year (+€6,398) and Net result for the year (+€1,547)
- Trade debts -€3,675
down €3,675 (-80.8%), from €4,549 to €874
- Tax, wage and social debts -€2,851
down €2,851 (-10.8%), from €26,482 to €23,631
of which Taxes: -€1,462
- Profit (loss) carried forward +€1,547
up €1,547 (+5.8%), from -€26,808 to -€25,261
- Other debts +€344
up €344 (+8.2%), from €4,175 to €4,519
- Gross operating margin +€12,441
up €12,441 (+24.6%), from €50,575 to €63,016
- Staff costs +€4,201
up €4,201 (+7.6%), from €55,629 to €59,830
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 | €14,598 | €9,963 | -€4,635 | -31.8% |
| Fixed assets | 21/28 | €989 | €2,378 | +€1,389 | +140% |
| Tangible fixed assets | 22/27 | €431 | €1,820 | +€1,389 | +322% |
| Plant, machinery and equipment | 23 | - | €908 | +€908 | |
| Furniture and vehicles | 24 | €431 | €912 | +€481 | +112% |
| Financial fixed assets | 28 | €558 | €558 | = | 0.0% |
| Current assets | 29/58 | €13,609 | €7,585 | -€6,024 | -44.3% |
| Amounts receivable within one year | 40/41 | €10,918 | €4,520 | -€6,398 | -58.6% |
| Trade receivables | 40 | €10,918 | €4,520 | -€6,398 | -58.6% |
| Cash at bank and in hand | 54/58 | €2,691 | €3,065 | +€374 | +13.9% |
| Total equity and liabilities | 10/49 | €14,598 | €9,963 | -€4,635 | -31.8% |
| Equity | 10/15 | -€20,608 | -€19,061 | +€1,547 | +7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,808 | -€25,261 | +€1,547 | +5.8% |
| Amounts payable | 17/49 | €35,206 | €29,024 | -€6,182 | -17.6% |
| Amounts payable within one year | 42/48 | €35,206 | €29,024 | -€6,182 | -17.6% |
| Trade debts | 44 | €4,549 | €874 | -€3,675 | -80.8% |
| Suppliers | 440/4 | €4,549 | €874 | -€3,675 | -80.8% |
| Taxes, remuneration and social security | 45 | €26,482 | €23,631 | -€2,851 | -10.8% |
| Taxes | 450/3 | €13,146 | €11,684 | -€1,462 | -11.1% |
| Remuneration and social security | 454/9 | €13,336 | €11,947 | -€1,389 | -10.4% |
| Other amounts payable | 47/48 | €4,175 | €4,519 | +€344 | +8.2% |
| Remuneration, social security and pensions | 62 | €55,629 | €59,830 | +€4,201 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318 | €427 | +€109 | +34.3% |
| Other operating charges | 640/8 | €712 | €297 | -€415 | -58.3% |
| Gross operating margin | 9900 | €50,575 | €63,016 | +€12,441 | +24.6% |
| Operating profit (loss) | 9901 | -€6,084 | €2,462 | +€8,546 | |
| Financial charges | 65/66B | €291 | €915 | +€624 | +214% |
| Recurring financial charges | 65 | €291 | €915 | +€624 | +214% |
| Profit (loss) for the period before taxes | 9903 | -€6,375 | €1,547 | +€7,922 | |
| Profit (loss) for the period | 9904 | -€6,375 | €1,547 | +€7,922 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,375 | €1,547 | +€7,922 |
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 18 October 2026 via checked.be.