KUNNA: 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.
KUNNA
Largest movements
- Cash -€49,011
down €49,011 (-74.2%), from €66,058 to €17,047
mainly Contributions, distributions and other (-€140,000) and Investment in fixed assets (net) (-€19,843)
- Tangible fixed assets +€12,632
up €12,632 (+62.7%), from €20,152 to €32,785
of which Plant, machinery and equipment: +€17,953
- Receivables within one year +€9,622
up €9,622 (+83.8%), from €11,480 to €21,102
of which Trade receivables: +€8,285
- Deferred charges and accrued income -€1,282
down €1,282 (-52.9%), from €2,422 to €1,140
- Reserves -€26,606
down €26,606 (-42.6%), from €62,401 to €35,795
- Other debts -€4,924
down €4,924 (-40.7%), from €12,111 to €7,187
- Trade debts +€4,729
up €4,729 (+9,163%), from €52 to €4,781
- Gross operating margin +€112,948
up €112,948 (+202%), from €56,051 to €168,999
- Taxes +€21,028
up €21,028 (+138%), from €15,225 to €36,253
- Financial charges +€6,112
up €6,112 (+93.7%), from €6,526 to €12,639
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 | €100,229 | €72,191 | -€28,038 | -28.0% |
| Fixed assets | 21/28 | €20,252 | €32,885 | +€12,632 | +62.4% |
| Tangible fixed assets | 22/27 | €20,152 | €32,785 | +€12,632 | +62.7% |
| Land and buildings | 22 | €17,662 | €13,537 | -€4,126 | -23.4% |
| Plant, machinery and equipment | 23 | €1,236 | €19,190 | +€17,953 | +1,452% |
| Furniture and vehicles | 24 | €1,253 | €58 | -€1,195 | -95.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €79,977 | €39,307 | -€40,671 | -50.9% |
| Amounts receivable within one year | 40/41 | €11,480 | €21,102 | +€9,622 | +83.8% |
| Trade receivables | 40 | €8,705 | €16,990 | +€8,285 | +95.2% |
| Other amounts receivable | 41 | €2,775 | €4,112 | +€1,337 | +48.2% |
| Current investments | 50/53 | €17 | €17 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,058 | €17,047 | -€49,011 | -74.2% |
| Deferred charges and accrued income | 490/1 | €2,422 | €1,140 | -€1,282 | -52.9% |
| Total equity and liabilities | 10/49 | €100,229 | €72,191 | -€28,038 | -28.0% |
| Equity | 10/15 | €81,001 | €54,395 | -€26,606 | -32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,401 | €35,795 | -€26,606 | -42.6% |
| Distributable reserves | 133 | €62,401 | €35,795 | -€26,606 | -42.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,228 | €17,796 | -€1,433 | -7.4% |
| Amounts payable within one year | 42/48 | €17,851 | €17,113 | -€738 | -4.1% |
| Financial debts | 43 | €4,578 | €4,577 | -€0 | 0.0% |
| Credit institutions | 430/8 | €4,578 | €4,577 | -€0 | 0.0% |
| Trade debts | 44 | €52 | €4,781 | +€4,729 | +9,163% |
| Suppliers | 440/4 | €52 | €4,781 | +€4,729 | +9,163% |
| Taxes, remuneration and social security | 45 | €1,110 | €568 | -€542 | -48.8% |
| Taxes | 450/3 | €1,110 | €568 | -€542 | -48.8% |
| Other amounts payable | 47/48 | €12,111 | €7,187 | -€4,924 | -40.7% |
| Accrued charges and deferred income | 492/3 | €1,378 | €683 | -€695 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,324 | €7,210 | +€886 | +14.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €56,051 | €168,999 | +€112,948 | +202% |
| Operating profit (loss) | 9901 | €49,339 | €161,389 | +€112,050 | +227% |
| Financial income | 75/76B | €2 | €898 | +€896 | +54,632% |
| Recurring financial income | 75 | €2 | €898 | +€896 | +54,632% |
| Financial charges | 65/66B | €6,526 | €12,639 | +€6,112 | +93.7% |
| Recurring financial charges | 65 | €6,526 | €12,639 | +€6,112 | +93.7% |
| Profit (loss) for the period before taxes | 9903 | €42,814 | €149,647 | +€106,833 | +250% |
| Income taxes | 67/77 | €15,225 | €36,253 | +€21,028 | +138% |
| Profit (loss) for the period | 9904 | €27,589 | €113,394 | +€85,805 | +311% |
| Profit (loss) for the period to be appropriated | 9905 | €27,589 | €113,394 | +€85,805 | +311% |
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 15 October 2026 via checked.be.