KAIJU: 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.
KAIJU
Largest movements
- Receivables within one year +€20,043
up €20,043 (+70.9%), from €28,250 to €48,293
of which Trade receivables: +€13,076
- Cash +€16,005
up €16,005 (+15.9%), from €100,819 to €116,824
mainly Short-term financial debts (+€34,000) and Trade debts (+€28,876)
- Stocks and contracts +€8,586
up €8,586 (+70.0%), from €12,264 to €20,850
- Deferred charges and accrued income +€6,771
up €6,771 (+1,227%), from €552 to €7,323
- Short-term financial debts +€34,000
new in 2024: €34,000
- Trade debts +€28,876
up €28,876 (+186%), from €15,527 to €44,403
- Tax, wage and social debts -€22,084
down €22,084 (-20.5%), from €107,567 to €85,483
of which Remuneration and social security: -€27,652
- Reserves +€19,371
new in 2024: €19,371
- Other debts -€18,302
down €18,302 (-81.6%), from €22,435 to €4,133
- Gross operating margin +€100,347
up €100,347 (+22.6%), from €444,300 to €544,646
- Staff costs +€59,656
up €59,656 (+13.9%), from €429,387 to €489,043
- Financial charges +€15,349
up €15,349 (+506%), from €3,036 to €18,385
of which Financial charges: +€14,842
- Taxes +€6,628
up €6,628 (+233%), from €2,842 to €9,470
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.
Derived cash bridge
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 | €147,202 | €198,358 | +€51,157 | +34.8% |
| Fixed assets | 21/28 | €5,316 | €5,067 | -€248 | -4.7% |
| Tangible fixed assets | 22/27 | €4,682 | €4,434 | -€248 | -5.3% |
| Plant, machinery and equipment | 23 | €1,774 | €1,326 | -€449 | -25.3% |
| Furniture and vehicles | 24 | €2,265 | €2,689 | +€424 | +18.7% |
| Other tangible fixed assets | 26 | €642 | €419 | -€224 | -34.8% |
| Financial fixed assets | 28 | €634 | €634 | = | 0.0% |
| Current assets | 29/58 | €141,886 | €193,291 | +€51,405 | +36.2% |
| Stocks and contracts in progress | 3 | €12,264 | €20,850 | +€8,586 | +70.0% |
| Stocks | 30/36 | €12,264 | €20,850 | +€8,586 | +70.0% |
| Amounts receivable within one year | 40/41 | €28,250 | €48,293 | +€20,043 | +70.9% |
| Trade receivables | 40 | €20,524 | €33,599 | +€13,076 | +63.7% |
| Other amounts receivable | 41 | €7,727 | €14,694 | +€6,967 | +90.2% |
| Cash at bank and in hand | 54/58 | €100,819 | €116,824 | +€16,005 | +15.9% |
| Deferred charges and accrued income | 490/1 | €552 | €7,323 | +€6,771 | +1,227% |
| Total equity and liabilities | 10/49 | €147,202 | €198,358 | +€51,157 | +34.8% |
| Equity | 10/15 | €1,672 | €24,371 | +€22,698 | +1,357% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €19,371 | +€19,371 | |
| Distributable reserves | 133 | - | €19,371 | +€19,371 | |
| Profit (loss) carried forward | 14 | -€3,328 | - | +€3,328 | |
| Amounts payable | 17/49 | €145,529 | €173,988 | +€28,458 | +19.6% |
| Amounts payable within one year | 42/48 | €145,529 | €173,988 | +€28,458 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | - | €5,969 | +€5,969 | |
| Financial debts | 43 | - | €34,000 | +€34,000 | |
| Credit institutions | 430/8 | - | €34,000 | +€34,000 | |
| Trade debts | 44 | €15,527 | €44,403 | +€28,876 | +186% |
| Suppliers | 440/4 | €15,527 | €44,403 | +€28,876 | +186% |
| Taxes, remuneration and social security | 45 | €107,567 | €85,483 | -€22,084 | -20.5% |
| Taxes | 450/3 | €52,371 | €57,938 | +€5,567 | +10.6% |
| Remuneration and social security | 454/9 | €55,196 | €27,544 | -€27,652 | -50.1% |
| Other amounts payable | 47/48 | €22,435 | €4,133 | -€18,302 | -81.6% |
| Remuneration, social security and pensions | 62 | €429,387 | €489,043 | +€59,656 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,460 | €1,279 | -€181 | -12.4% |
| Other operating charges | 640/8 | €2,157 | €2,163 | +€6 | +0.3% |
| Non-recurring operating charges | 66A | - | €2,099 | +€2,099 | |
| Gross operating margin | 9900 | €444,300 | €544,646 | +€100,347 | +22.6% |
| Operating profit (loss) | 9901 | €11,295 | €50,061 | +€38,766 | +343% |
| Financial income | 75/76B | €9 | €491 | +€482 | +5,149% |
| Recurring financial income | 75 | €9 | €491 | +€482 | +5,149% |
| Financial charges | 65/66B | €3,036 | €18,385 | +€15,349 | +506% |
| Recurring financial charges | 65 | €2,337 | €17,179 | +€14,842 | +635% |
| Non-recurring financial charges | 66B | €700 | €1,206 | +€506 | +72.4% |
| Profit (loss) for the period before taxes | 9903 | €8,268 | €32,168 | +€23,900 | +289% |
| Income taxes | 67/77 | €2,842 | €9,470 | +€6,628 | +233% |
| Profit (loss) for the period | 9904 | €5,427 | €22,698 | +€17,272 | +318% |
| Profit (loss) for the period to be appropriated | 9905 | €5,427 | €22,698 | +€17,272 | +318% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.