KADJOO: 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.
KADJOO
Largest movements
- Receivables within one year +€162,695
up €162,695 (+46.2%), from €351,959 to €514,654
of which Trade receivables: +€161,099
- Intangible fixed assets +€6,378
up €6,378 (+82.7%), from €7,716 to €14,094
- Cash +€6,113
up €6,113 (+761.1%), from €803 to €6,916
mainly Trade debts (+€155,923) and Net result for the year (+€38,200)
- Trade debts +€155,923
up €155,923 (+201.5%), from €77,372 to €233,295
- Other debts -€40,664
down €40,664 (-15.0%), from €271,746 to €231,081
- Profit (loss) carried forward +€38,200
up €38,200 (+206.6%), from €18,487 to €56,688
- Tax, wage and social debts +€14,049
up €14,049 (+528.3%), from €2,659 to €16,709
- Taxes +€11,475
up €11,475 (+438.2%), from €2,619 to €14,094
- Gross operating margin -€5,370
down €5,370 (-8.5%), from €63,136 to €57,765
- Financial income -€3,098
down €3,098 (-84.6%), from €3,660 to €563
- Depreciation +€891
up €891 (+30.4%), from €2,930 to €3,822
- Financial charges +€740
up €740 (+87.8%), from €843 to €1,583
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,514 | €542,342 | +€167,827 | +44.8% |
| Fixed assets | 21/28 | €7,716 | €14,094 | +€6,378 | +82.7% |
| Intangible fixed assets | 21 | €7,716 | €14,094 | +€6,378 | +82.7% |
| Current assets | 29/58 | €366,798 | €528,247 | +€161,449 | +44.0% |
| Stocks and contracts in progress | 3 | €8,500 | €6,500 | -€2,000 | -23.5% |
| Stocks | 30/36 | €8,500 | €6,500 | -€2,000 | -23.5% |
| Amounts receivable within one year | 40/41 | €351,959 | €514,654 | +€162,695 | +46.2% |
| Trade receivables | 40 | €350,758 | €511,857 | +€161,099 | +45.9% |
| Other amounts receivable | 41 | €1,201 | €2,797 | +€1,596 | +132.9% |
| Cash at bank and in hand | 54/58 | €803 | €6,916 | +€6,113 | +761.1% |
| Deferred charges and accrued income | 490/1 | €5,536 | €178 | -€5,359 | -96.8% |
| Total equity and liabilities | 10/49 | €374,514 | €542,342 | +€167,827 | +44.8% |
| Equity | 10/15 | €22,487 | €60,688 | +€38,200 | +169.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,487 | €56,688 | +€38,200 | +206.6% |
| Amounts payable | 17/49 | €352,027 | €481,654 | +€129,627 | +36.8% |
| Amounts payable within one year | 42/48 | €352,027 | €481,545 | +€129,518 | +36.8% |
| Financial debts | 43 | €250 | €460 | +€210 | +84.1% |
| Credit institutions | 430/8 | €250 | €460 | +€210 | +84.1% |
| Trade debts | 44 | €77,372 | €233,295 | +€155,923 | +201.5% |
| Suppliers | 440/4 | €77,372 | €233,295 | +€155,923 | +201.5% |
| Taxes, remuneration and social security | 45 | €2,659 | €16,709 | +€14,049 | +528.3% |
| Taxes | 450/3 | €2,659 | €16,709 | +€14,049 | +528.3% |
| Other amounts payable | 47/48 | €271,746 | €231,081 | -€40,664 | -15.0% |
| Accrued charges and deferred income | 492/3 | €0 | €109 | +€109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,930 | €3,822 | +€891 | +30.4% |
| Other operating charges | 640/8 | €425 | €387 | -€38 | -9.0% |
| Non-recurring operating charges | 66A | - | €243 | +€243 | |
| Gross operating margin | 9900 | €63,136 | €57,765 | -€5,370 | -8.5% |
| Operating profit (loss) | 9901 | €59,780 | €53,314 | -€6,466 | -10.8% |
| Financial income | 75/76B | €3,660 | €563 | -€3,098 | -84.6% |
| Recurring financial income | 75 | €3,660 | €563 | -€3,098 | -84.6% |
| Financial charges | 65/66B | €843 | €1,583 | +€740 | +87.8% |
| Recurring financial charges | 65 | €843 | €1,583 | +€740 | +87.8% |
| Profit (loss) for the period before taxes | 9903 | €62,598 | €52,294 | -€10,304 | -16.5% |
| Income taxes | 67/77 | €2,619 | €14,094 | +€11,475 | +438.2% |
| Profit (loss) for the period | 9904 | €59,979 | €38,200 | -€21,779 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,979 | €38,200 | -€21,779 | -36.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.