K.J.L.J: 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.
K.J.L.J
Largest movements
- Cash +€4,804
up €4,804 (+31.8%), from €15,093 to €19,897
mainly Net result for the year (+€12,909) and Depreciation (+€5,030)
- Deferred charges and accrued income +€3,098
up €3,098 (+824%), from €376 to €3,474
- Tangible fixed assets -€2,088
down €2,088 (-12.5%), from €16,647 to €14,559
of which Plant, machinery and equipment: -€4,760
- Receivables within one year +€1,393
up €1,393 (+13.2%), from €10,591 to €11,985
of which Trade receivables: +€1,129
- Reserves +€12,076
up €12,076 (+141%), from €8,570 to €20,646
- Debts after one year -€5,145
down €5,145 (-34.9%), from €14,746 to €9,600
- Gross operating margin +€10,506
up €10,506 (+68.6%), from €15,304 to €25,810
- Depreciation +€2,636
up €2,636 (+110%), from €2,394 to €5,030
- Taxes +€2,211
up €2,211 (+79.5%), from €2,782 to €4,993
- Financial charges +€2,007
up €2,007 (+695%), from €289 to €2,296
- Other operating charges +€508
up €508 (+116%), from €437 to €946
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 | €42,708 | €49,914 | +€7,207 | +16.9% |
| Fixed assets | 21/28 | €16,648 | €14,559 | -€2,089 | -12.5% |
| Intangible fixed assets | 21 | €1 | €0 | -€1 | -100% |
| Tangible fixed assets | 22/27 | €16,647 | €14,559 | -€2,088 | -12.5% |
| Plant, machinery and equipment | 23 | €16,647 | €11,887 | -€4,760 | -28.6% |
| Furniture and vehicles | 24 | - | €2,672 | +€2,672 | |
| Current assets | 29/58 | €26,060 | €35,355 | +€9,295 | +35.7% |
| Amounts receivable within one year | 40/41 | €10,591 | €11,985 | +€1,393 | +13.2% |
| Trade receivables | 40 | €7,411 | €8,540 | +€1,129 | +15.2% |
| Other amounts receivable | 41 | €3,180 | €3,445 | +€264 | +8.3% |
| Cash at bank and in hand | 54/58 | €15,093 | €19,897 | +€4,804 | +31.8% |
| Deferred charges and accrued income | 490/1 | €376 | €3,474 | +€3,098 | +824% |
| Total equity and liabilities | 10/49 | €42,708 | €49,914 | +€7,207 | +16.9% |
| Equity | 10/15 | €11,570 | €23,646 | +€12,076 | +104% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,570 | €20,646 | +€12,076 | +141% |
| Distributable reserves | 133 | €8,570 | €20,646 | +€12,076 | +141% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,138 | €26,269 | -€4,869 | -15.6% |
| Amounts payable after more than one year | 17 | €14,746 | €9,600 | -€5,145 | -34.9% |
| Financial debts | 170/4 | €14,746 | €9,600 | -€5,145 | -34.9% |
| Amounts payable within one year | 42/48 | €16,392 | €16,668 | +€276 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €4,578 | €4,756 | +€179 | +3.9% |
| Trade debts | 44 | €3,370 | €3,334 | -€35 | -1.0% |
| Suppliers | 440/4 | €3,370 | €3,334 | -€35 | -1.0% |
| Taxes, remuneration and social security | 45 | €7,827 | €7,995 | +€168 | +2.1% |
| Taxes | 450/3 | €7,827 | €7,995 | +€168 | +2.1% |
| Other amounts payable | 47/48 | €618 | €583 | -€35 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,394 | €5,030 | +€2,636 | +110% |
| Other operating charges | 640/8 | €437 | €946 | +€508 | +116% |
| Gross operating margin | 9900 | €15,304 | €25,810 | +€10,506 | +68.6% |
| Operating profit (loss) | 9901 | €12,473 | €19,834 | +€7,361 | +59.0% |
| Financial income | 75/76B | €0 | €363 | +€363 | +3,630,000% |
| Recurring financial income | 75 | €0 | €363 | +€363 | +3,630,000% |
| Financial charges | 65/66B | €289 | €2,296 | +€2,007 | +695% |
| Recurring financial charges | 65 | €289 | €2,296 | +€2,007 | +695% |
| Profit (loss) for the period before taxes | 9903 | €12,184 | €17,901 | +€5,717 | +46.9% |
| Income taxes | 67/77 | €2,782 | €4,993 | +€2,211 | +79.5% |
| Profit (loss) for the period | 9904 | €9,403 | €12,909 | +€3,506 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,403 | €12,909 | +€3,506 | +37.3% |
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 23 October 2026 via checked.be.