KHAR: what changed
Two fiscal 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.
KHAR
Largest movements
- Receivables within one year -€4,235
no longer reported in 2025 (was €4,235)
- Profit (loss) carried forward -€5,872
down €5,872 (-32.0%), from -€18,330 to -€24,202
- Other debts +€2,713
up €2,713 (+143.8%), from €1,886 to €4,600
- Trade debts -€1,106
down €1,106 (-73.5%), from €1,506 to €400
- Gross operating margin -€5,024
down €5,024 (-1298.3%), from -€387 to -€5,411
- Financial charges +€131
up €131 (+39.9%), from €330 to €461
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.
Cash bridge derived
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 | €4,318 | €53 | -€4,265 | -98.8% |
| Current assets | 29/58 | €4,318 | €53 | -€4,265 | -98.8% |
| Amounts receivable within one year | 40/41 | €4,235 | - | -€4,235 | |
| Other amounts receivable | 41 | €4,235 | - | -€4,235 | |
| Cash at bank and in hand | 54/58 | €83 | €53 | -€30 | -36.5% |
| Total equity and liabilities | 10/49 | €4,318 | €53 | -€4,265 | -98.8% |
| Equity | 10/15 | €926 | -€4,947 | -€5,872 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,055 | €13,055 | = | 0.0% |
| 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 | €11,195 | €11,195 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,330 | -€24,202 | -€5,872 | -32.0% |
| Amounts payable | 17/49 | €3,392 | €4,999 | +€1,607 | +47.4% |
| Amounts payable within one year | 42/48 | €3,392 | €4,999 | +€1,607 | +47.4% |
| Trade debts | 44 | €1,506 | €400 | -€1,106 | -73.5% |
| Suppliers | 440/4 | €1,506 | €400 | -€1,106 | -73.5% |
| Other amounts payable | 47/48 | €1,886 | €4,600 | +€2,713 | +143.8% |
| Gross operating margin | 9900 | -€387 | -€5,411 | -€5,024 | -1298.3% |
| Operating profit (loss) | 9901 | -€387 | -€5,411 | -€5,024 | -1298.3% |
| Financial charges | 65/66B | €330 | €461 | +€131 | +39.9% |
| Recurring financial charges | 65 | €330 | €461 | +€131 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | -€717 | -€5,872 | -€5,156 | -719.5% |
| Profit (loss) for the period | 9904 | -€717 | -€5,872 | -€5,156 | -719.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€717 | -€5,872 | -€5,156 | -719.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.