KAJOO: 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.
KAJOO
Largest movements
- Cash -€435,205
down €435,205 (-44.6%), from €976,224 to €541,019
mainly Current investments (-€414,005) and Tax, wage and social debts (-€60,420)
- Current investments +€414,005
up €414,005 (+15.4%), from €2.7m to €3.1m
- Tax, wage and social debts -€60,420
down €60,420 (-86.7%), from €69,715 to €9,295
- Reserves +€58,065
up €58,065 (+1.6%), from €3.7m to €3.7m
- Financial income -€8,307
down €8,307 (-6.9%), from €121,037 to €112,730
- Financial charges +€6,669
up €6,669 (+58.1%), from €11,475 to €18,144
- Taxes -€5,439
down €5,439 (-16.5%), from €32,989 to €27,550
- Gross operating margin -€2,503
down €2,503 (-65.0%), from €3,850 to €1,347
- Other operating charges -€708
down €708 (-27.8%), from €2,549 to €1,840
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 | €3,755,331 | €3,750,313 | -€5,018 | -0.1% |
| Fixed assets | 21/28 | €50,038 | €41,561 | -€8,477 | -16.9% |
| Tangible fixed assets | 22/27 | €50,038 | €41,561 | -€8,477 | -16.9% |
| Plant, machinery and equipment | 23 | €7,714 | €4,928 | -€2,785 | -36.1% |
| Other tangible fixed assets | 26 | €42,325 | €36,633 | -€5,692 | -13.4% |
| Current assets | 29/58 | €3,705,293 | €3,708,752 | +€3,459 | +0.1% |
| Amounts receivable within one year | 40/41 | €6,664 | €6,100 | -€565 | -8.5% |
| Trade receivables | 40 | €802 | €1,052 | +€250 | +31.1% |
| Other amounts receivable | 41 | €5,862 | €5,048 | -€814 | -13.9% |
| Current investments | 50/53 | €2,695,172 | €3,109,177 | +€414,005 | +15.4% |
| Cash at bank and in hand | 54/58 | €976,224 | €541,019 | -€435,205 | -44.6% |
| Deferred charges and accrued income | 490/1 | €27,232 | €52,456 | +€25,223 | +92.6% |
| Total equity and liabilities | 10/49 | €3,755,331 | €3,750,313 | -€5,018 | -0.1% |
| Equity | 10/15 | €3,679,825 | €3,737,890 | +€58,065 | +1.6% |
| Contributions | 10/11 | €19,250 | €19,250 | = | 0.0% |
| Reserves | 13 | €3,660,575 | €3,718,640 | +€58,065 | +1.6% |
| Distributable reserves | 133 | €3,660,575 | €3,718,640 | +€58,065 | +1.6% |
| Amounts payable | 17/49 | €75,506 | €12,423 | -€63,084 | -83.5% |
| Amounts payable within one year | 42/48 | €75,256 | €12,423 | -€62,834 | -83.5% |
| Trade debts | 44 | €3,648 | €0 | -€3,648 | -100% |
| Suppliers | 440/4 | €3,648 | €0 | -€3,648 | -100% |
| Taxes, remuneration and social security | 45 | €69,715 | €9,295 | -€60,420 | -86.7% |
| Taxes | 450/3 | €69,715 | €9,295 | -€60,420 | -86.7% |
| Other amounts payable | 47/48 | €1,894 | €3,128 | +€1,234 | +65.2% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100% |
| Non-recurring operating income | 76A | €13,000 | €0 | -€13,000 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,477 | €8,477 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,549 | €1,840 | -€708 | -27.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €3,850 | €1,347 | -€2,503 | -65.0% |
| Operating profit (loss) | 9901 | -€7,176 | -€8,970 | -€1,794 | -25.0% |
| Financial income | 75/76B | €121,037 | €112,730 | -€8,307 | -6.9% |
| Recurring financial income | 75 | €121,037 | €112,730 | -€8,307 | -6.9% |
| Financial charges | 65/66B | €11,475 | €18,144 | +€6,669 | +58.1% |
| Recurring financial charges | 65 | €11,475 | €18,144 | +€6,669 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €102,386 | €85,615 | -€16,771 | -16.4% |
| Income taxes | 67/77 | €32,989 | €27,550 | -€5,439 | -16.5% |
| Profit (loss) for the period | 9904 | €69,397 | €58,065 | -€11,332 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €69,397 | €58,065 | -€11,332 | -16.3% |
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 20 October 2026 via checked.be.