KUNA FISH: 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.
KUNA FISH
Largest movements
- Cash +€48,942
up €48,942 (+204%), from €23,998 to €72,939
mainly Depreciation (+€43,907) and Net result for the year (+€32,348)
- Tangible fixed assets -€37,044
down €37,044 (-12.5%), from €295,814 to €258,770
of which Land and buildings: -€23,028
- Receivables within one year -€12,659
down €12,659 (-21.5%), from €58,984 to €46,326
of which Trade receivables: -€14,618
- Debts after one year -€40,280
down €40,280 (-21.2%), from €189,825 to €149,545
- Reserves +€27,294
up €27,294 (+41.4%), from €65,978 to €93,271
of which Distributable reserves: +€27,294
- Trade debts +€22,020
new in 2025: €22,020
- Investment grants -€8,836
down €8,836 (-28.3%), from €31,238 to €22,402
- Profit (loss) carried forward +€5,054
up €5,054, from -€5,054 to €0
- Depreciation -€9,766
down €9,766 (-18.2%), from €53,673 to €43,907
- Gross operating margin +€7,810
up €7,810 (+3.5%), from €225,638 to €233,448
- Staff costs -€6,214
down €6,214 (-3.8%), from €164,800 to €158,586
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 | €384,527 | €382,628 | -€1,899 | -0.5% |
| Fixed assets | 21/28 | €296,280 | €258,770 | -€37,510 | -12.7% |
| Intangible fixed assets | 21 | €466 | €0 | -€466 | -100% |
| Tangible fixed assets | 22/27 | €295,814 | €258,770 | -€37,044 | -12.5% |
| Land and buildings | 22 | €258,305 | €235,277 | -€23,028 | -8.9% |
| Plant, machinery and equipment | 23 | €32,761 | €20,529 | -€12,231 | -37.3% |
| Furniture and vehicles | 24 | €4,748 | €2,964 | -€1,785 | -37.6% |
| Current assets | 29/58 | €88,247 | €123,858 | +€35,610 | +40.4% |
| Amounts receivable within one year | 40/41 | €58,984 | €46,326 | -€12,659 | -21.5% |
| Trade receivables | 40 | €57,020 | €42,403 | -€14,618 | -25.6% |
| Other amounts receivable | 41 | €1,964 | €3,923 | +€1,959 | +99.7% |
| Cash at bank and in hand | 54/58 | €23,998 | €72,939 | +€48,942 | +204% |
| Deferred charges and accrued income | 490/1 | €5,265 | €4,593 | -€673 | -12.8% |
| Total equity and liabilities | 10/49 | €384,527 | €382,628 | -€1,899 | -0.5% |
| Equity | 10/15 | €102,162 | €125,674 | +€23,512 | +23.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €65,978 | €93,271 | +€27,294 | +41.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €64,118 | €91,411 | +€27,294 | +42.6% |
| Profit (loss) carried forward | 14 | -€5,054 | €0 | +€5,054 | |
| Investment grants | 15 | €31,238 | €22,402 | -€8,836 | -28.3% |
| Provisions and deferred taxes | 16 | €12,075 | €8,545 | -€3,530 | -29.2% |
| Deferred taxes | 168 | €12,075 | €8,545 | -€3,530 | -29.2% |
| Amounts payable | 17/49 | €270,291 | €248,410 | -€21,881 | -8.1% |
| Amounts payable after more than one year | 17 | €189,825 | €149,545 | -€40,280 | -21.2% |
| Financial debts | 170/4 | €189,825 | €149,545 | -€40,280 | -21.2% |
| Amounts payable within one year | 42/48 | €77,936 | €95,046 | +€17,110 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €39,293 | €40,275 | +€982 | +2.5% |
| Trade debts | 44 | - | €22,020 | +€22,020 | |
| Suppliers | 440/4 | - | €22,020 | +€22,020 | |
| Taxes, remuneration and social security | 45 | €35,369 | €31,657 | -€3,711 | -10.5% |
| Taxes | 450/3 | €10,803 | €9,926 | -€877 | -8.1% |
| Remuneration and social security | 454/9 | €24,566 | €21,732 | -€2,834 | -11.5% |
| Other amounts payable | 47/48 | €3,274 | €1,093 | -€2,181 | -66.6% |
| Accrued charges and deferred income | 492/3 | €2,530 | €3,819 | +€1,288 | +50.9% |
| Remuneration, social security and pensions | 62 | €164,800 | €158,586 | -€6,214 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,673 | €43,907 | -€9,766 | -18.2% |
| Other operating charges | 640/8 | €5,322 | €6,175 | +€853 | +16.0% |
| Gross operating margin | 9900 | €225,638 | €233,448 | +€7,810 | +3.5% |
| Operating profit (loss) | 9901 | €1,843 | €24,779 | +€22,937 | +1,245% |
| Financial income | 75/76B | €9,159 | €9,609 | +€450 | +4.9% |
| Recurring financial income | 75 | €9,159 | €9,609 | +€450 | +4.9% |
| Financial charges | 65/66B | €6,327 | €5,384 | -€943 | -14.9% |
| Recurring financial charges | 65 | €6,327 | €5,384 | -€943 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €4,674 | €29,004 | +€24,330 | +521% |
| Transfer from deferred taxes | 780 | €3,530 | €3,530 | = | 0.0% |
| Income taxes | 67/77 | €85 | €186 | +€101 | +119% |
| Profit (loss) for the period | 9904 | €8,119 | €32,348 | +€24,229 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €8,119 | €32,348 | +€24,229 | +298% |
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.