KALE-TECH: 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.
KALE-TECH
Largest movements
- Cash +€369,831
up €369,831 (+224.5%), from €164,745 to €534,576
mainly Debts after one year (+€177,138) and Depreciation (+€138,936)
- Tangible fixed assets +€167,312
up €167,312 (+40.1%), from €417,271 to €584,583
of which Plant, machinery and equipment: +€272,156
- Receivables within one year -€96,244
down €96,244 (-30.8%), from €311,982 to €215,739
of which Trade receivables: -€121,500
- Debts after one year +€177,138
up €177,138 (+194.8%), from €90,953 to €268,091
- Current portion of long-term debt +€82,972
up €82,972 (+106.4%), from €77,979 to €160,951
- Trade debts +€65,609
up €65,609 (+37.4%), from €175,316 to €240,925
- Other debts +€59,785
up €59,785 (+420.4%), from €14,220 to €74,005
- Tax, wage and social debts +€50,338
up €50,338 (+66.2%), from €76,096 to €126,433
of which Taxes: +€41,126
- Staff costs +€132,003
up €132,003 (+101.1%), from €130,556 to €262,559
- Gross operating margin +€105,269
up €105,269 (+18.8%), from €559,221 to €664,490
- Depreciation +€36,031
up €36,031 (+35.0%), from €102,906 to €138,936
- Taxes +€35,799
up €35,799 (+60.6%), from €59,050 to €94,849
- Other operating charges +€30,351
up €30,351 (+88.1%), from €34,467 to €64,818
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 | €897,448 | €1,338,348 | +€440,900 | +49.1% |
| Fixed assets | 21/28 | €420,721 | €588,033 | +€167,312 | +39.8% |
| Tangible fixed assets | 22/27 | €417,271 | €584,583 | +€167,312 | +40.1% |
| Plant, machinery and equipment | 23 | €198,070 | €470,226 | +€272,156 | +137.4% |
| Furniture and vehicles | 24 | €195,427 | €93,504 | -€101,923 | -52.2% |
| Other tangible fixed assets | 26 | €23,773 | €20,853 | -€2,920 | -12.3% |
| Financial fixed assets | 28 | €3,450 | €3,450 | = | 0.0% |
| Current assets | 29/58 | €476,727 | €750,315 | +€273,588 | +57.4% |
| Amounts receivable within one year | 40/41 | €311,982 | €215,739 | -€96,244 | -30.8% |
| Trade receivables | 40 | €244,259 | €122,759 | -€121,500 | -49.7% |
| Other amounts receivable | 41 | €67,723 | €92,980 | +€25,257 | +37.3% |
| Cash at bank and in hand | 54/58 | €164,745 | €534,576 | +€369,831 | +224.5% |
| Total equity and liabilities | 10/49 | €897,448 | €1,338,348 | +€440,900 | +49.1% |
| Equity | 10/15 | €462,884 | €467,943 | +€5,059 | +1.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €459,884 | €464,943 | +€5,059 | +1.1% |
| Distributable reserves | 133 | €459,884 | €464,943 | +€5,059 | +1.1% |
| Amounts payable | 17/49 | €434,564 | €870,405 | +€435,841 | +100.3% |
| Amounts payable after more than one year | 17 | €90,953 | €268,091 | +€177,138 | +194.8% |
| Financial debts | 170/4 | €90,953 | €268,091 | +€177,138 | +194.8% |
| Amounts payable within one year | 42/48 | €343,612 | €602,314 | +€258,703 | +75.3% |
| Current portion of amounts payable after more than one year | 42 | €77,979 | €160,951 | +€82,972 | +106.4% |
| Trade debts | 44 | €175,316 | €240,925 | +€65,609 | +37.4% |
| Suppliers | 440/4 | €175,316 | €240,925 | +€65,609 | +37.4% |
| Taxes, remuneration and social security | 45 | €76,096 | €126,433 | +€50,338 | +66.2% |
| Taxes | 450/3 | €58,868 | €99,994 | +€41,126 | +69.9% |
| Remuneration and social security | 454/9 | €17,228 | €26,440 | +€9,212 | +53.5% |
| Other amounts payable | 47/48 | €14,220 | €74,005 | +€59,785 | +420.4% |
| Remuneration, social security and pensions | 62 | €130,556 | €262,559 | +€132,003 | +101.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,906 | €138,936 | +€36,031 | +35.0% |
| Other operating charges | 640/8 | €34,467 | €64,818 | +€30,351 | +88.1% |
| Non-recurring operating charges | 66A | €47,408 | €8,714 | -€38,694 | -81.6% |
| Gross operating margin | 9900 | €559,221 | €664,490 | +€105,269 | +18.8% |
| Operating profit (loss) | 9901 | €243,885 | €189,464 | -€54,422 | -22.3% |
| Financial charges | 65/66B | €16,643 | €10,406 | -€6,237 | -37.5% |
| Recurring financial charges | 65 | €16,643 | €10,406 | -€6,237 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €227,242 | €179,058 | -€48,185 | -21.2% |
| Income taxes | 67/77 | €59,050 | €94,849 | +€35,799 | +60.6% |
| Profit (loss) for the period | 9904 | €168,192 | €84,209 | -€83,983 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €168,192 | €84,209 | -€83,983 | -49.9% |
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 12 October 2026 via checked.be.