KAJOBLE: 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.
KAJOBLE
Largest movements
- Receivables within one year -€40,926
down €40,926 (-48.6%), from €84,212 to €43,286
of which Other amounts receivable: -€45,745
- Cash -€14,491
down €14,491 (-26.4%), from €54,980 to €40,489
mainly Contributions, distributions and other (-€185,000) and Debts after one year (-€8,144)
- Tangible fixed assets -€12,970
down €12,970 (-29.1%), from €44,613 to €31,643
of which Furniture and vehicles: -€12,811
- Profit (loss) carried forward -€117,301
down €117,301 (-86.3%), from €135,971 to €18,669
- Other debts +€50,000
new in 2025: €50,000
- Tax, wage and social debts +€9,740
up €9,740 (+86.9%), from €11,206 to €20,946
of which Taxes: +€7,240
- Debts after one year -€8,144
down €8,144 (-43.8%), from €18,610 to €10,465
- Trade debts -€2,947
down €2,947 (-33.9%), from €8,689 to €5,742
- Gross operating margin +€74,892
up €74,892 (+275.9%), from €27,144 to €102,036
- Taxes +€15,678
up €15,678 (+530.7%), from €2,954 to €18,632
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 | €184,422 | €115,967 | -€68,455 | -37.1% |
| Fixed assets | 21/28 | €44,613 | €31,643 | -€12,970 | -29.1% |
| Tangible fixed assets | 22/27 | €44,613 | €31,643 | -€12,970 | -29.1% |
| Plant, machinery and equipment | 23 | €1,335 | €1,175 | -€159 | -11.9% |
| Furniture and vehicles | 24 | €43,278 | €30,468 | -€12,811 | -29.6% |
| Current assets | 29/58 | €139,808 | €84,323 | -€55,485 | -39.7% |
| Amounts receivable within one year | 40/41 | €84,212 | €43,286 | -€40,926 | -48.6% |
| Trade receivables | 40 | €10,225 | €15,043 | +€4,819 | +47.1% |
| Other amounts receivable | 41 | €73,988 | €28,243 | -€45,745 | -61.8% |
| Cash at bank and in hand | 54/58 | €54,980 | €40,489 | -€14,491 | -26.4% |
| Deferred charges and accrued income | 490/1 | €616 | €548 | -€68 | -11.1% |
| Total equity and liabilities | 10/49 | €184,422 | €115,967 | -€68,455 | -37.1% |
| Equity | 10/15 | €137,971 | €20,669 | -€117,301 | -85.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,971 | €18,669 | -€117,301 | -86.3% |
| Amounts payable | 17/49 | €46,451 | €95,297 | +€48,846 | +105.2% |
| Amounts payable after more than one year | 17 | €18,610 | €10,465 | -€8,144 | -43.8% |
| Financial debts | 170/4 | €18,610 | €10,465 | -€8,144 | -43.8% |
| Amounts payable within one year | 42/48 | €27,841 | €84,832 | +€56,990 | +204.7% |
| Current portion of amounts payable after more than one year | 42 | €7,946 | €8,144 | +€198 | +2.5% |
| Trade debts | 44 | €8,689 | €5,742 | -€2,947 | -33.9% |
| Suppliers | 440/4 | €8,689 | €5,742 | -€2,947 | -33.9% |
| Taxes, remuneration and social security | 45 | €11,206 | €20,946 | +€9,740 | +86.9% |
| Taxes | 450/3 | €11,206 | €18,446 | +€7,240 | +64.6% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Non-recurring operating income | 76A | €249 | €249 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €2,074 | €2,074 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,130 | €14,622 | +€492 | +3.5% |
| Other operating charges | 640/8 | €705 | €721 | +€16 | +2.2% |
| Gross operating margin | 9900 | €27,144 | €102,036 | +€74,892 | +275.9% |
| Operating profit (loss) | 9901 | €10,235 | €84,619 | +€74,384 | +726.7% |
| Financial income | 75/76B | €2,999 | €2,455 | -€544 | -18.2% |
| Recurring financial income | 75 | €2,999 | €2,455 | -€544 | -18.2% |
| Financial charges | 65/66B | €981 | €743 | -€238 | -24.3% |
| Recurring financial charges | 65 | €981 | €743 | -€238 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €12,254 | €86,331 | +€74,077 | +604.5% |
| Income taxes | 67/77 | €2,954 | €18,632 | +€15,678 | +530.7% |
| Profit (loss) for the period | 9904 | €9,299 | €67,699 | +€58,399 | +628.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,299 | €67,699 | +€58,399 | +628.0% |
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.