KEDOMI: 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.
KEDOMI
Largest movements
- Receivables within one year +€28,757
up €28,757 (+82.1%), from €35,016 to €63,772
of which Trade receivables: +€24,768
- Cash -€7,670
down €7,670 (-60.1%), from €12,760 to €5,091
mainly Receivables within one year (-€28,757) and Debts after one year (-€15,409)
- Tangible fixed assets -€7,271
down €7,271 (-2.4%), from €308,142 to €300,870
of which Land and buildings: -€16,405
- Trade debts +€20,730
up €20,730 (+87.3%), from €23,742 to €44,472
- Debts after one year -€15,409
down €15,409 (-6.6%), from €234,798 to €219,389
- Advances received +€10,300
new in 2025: €10,300
- Reserves +€6,953
up €6,953 (+39.0%), from €17,817 to €24,770
- Other debts -€5,189
down €5,189 (-15.6%), from €33,216 to €28,027
- Gross operating margin -€28,772
down €28,772 (-44.5%), from €64,606 to €35,834
- Other operating charges -€8,618
down €8,618 (-87.1%), from €9,891 to €1,273
- Financial charges -€2,501
down €2,501 (-25.6%), from €9,781 to €7,279
of which Financial charges: -€2,400
- Depreciation +€1,557
up €1,557 (+8.6%), from €18,089 to €19,646
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 | €365,643 | €380,181 | +€14,539 | +4.0% |
| Fixed assets | 21/28 | €309,767 | €302,596 | -€7,171 | -2.3% |
| Tangible fixed assets | 22/27 | €308,142 | €300,870 | -€7,271 | -2.4% |
| Land and buildings | 22 | €304,244 | €287,840 | -€16,405 | -5.4% |
| Plant, machinery and equipment | 23 | €3,897 | €10,437 | +€6,540 | +168% |
| Furniture and vehicles | 24 | - | €2,593 | +€2,593 | |
| Financial fixed assets | 28 | €1,625 | €1,725 | +€100 | +6.2% |
| Current assets | 29/58 | €55,876 | €77,586 | +€21,710 | +38.9% |
| Stocks and contracts in progress | 3 | €8,100 | €8,450 | +€350 | +4.3% |
| Stocks | 30/36 | €8,100 | €8,450 | +€350 | +4.3% |
| Amounts receivable within one year | 40/41 | €35,016 | €63,772 | +€28,757 | +82.1% |
| Trade receivables | 40 | €31,497 | €56,266 | +€24,768 | +78.6% |
| Other amounts receivable | 41 | €3,518 | €7,506 | +€3,988 | +113% |
| Cash at bank and in hand | 54/58 | €12,760 | €5,091 | -€7,670 | -60.1% |
| Deferred charges and accrued income | 490/1 | - | €273 | +€273 | |
| Total equity and liabilities | 10/49 | €365,643 | €380,181 | +€14,539 | +4.0% |
| Equity | 10/15 | €52,106 | €59,059 | +€6,953 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,817 | €24,770 | +€6,953 | +39.0% |
| Distributable reserves | 133 | €17,817 | €24,770 | +€6,953 | +39.0% |
| Profit (loss) carried forward | 14 | €15,688 | €15,688 | = | 0.0% |
| Amounts payable | 17/49 | €313,537 | €321,123 | +€7,586 | +2.4% |
| Amounts payable after more than one year | 17 | €234,798 | €219,389 | -€15,409 | -6.6% |
| Financial debts | 170/4 | €234,798 | €219,389 | -€15,409 | -6.6% |
| Amounts payable within one year | 42/48 | €78,739 | €101,734 | +€22,995 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €15,130 | €15,409 | +€279 | +1.8% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Other loans | 439 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €23,742 | €44,472 | +€20,730 | +87.3% |
| Suppliers | 440/4 | €23,742 | €44,472 | +€20,730 | +87.3% |
| Advances received on contracts in progress | 46 | - | €10,300 | +€10,300 | |
| Taxes, remuneration and social security | 45 | €1,651 | €3,526 | +€1,875 | +114% |
| Taxes | 450/3 | €1,651 | €3,526 | +€1,875 | +114% |
| Other amounts payable | 47/48 | €33,216 | €28,027 | -€5,189 | -15.6% |
| Non-recurring operating income | 76A | €8 | - | -€8 | |
| Remuneration, social security and pensions | 62 | €159 | - | -€159 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,089 | €19,646 | +€1,557 | +8.6% |
| Other operating charges | 640/8 | €9,891 | €1,273 | -€8,618 | -87.1% |
| Gross operating margin | 9900 | €64,606 | €35,834 | -€28,772 | -44.5% |
| Operating profit (loss) | 9901 | €36,466 | €14,915 | -€21,552 | -59.1% |
| Financial income | 75/76B | €4 | €13 | +€9 | +237% |
| Recurring financial income | 75 | €4 | €13 | +€9 | +237% |
| Financial charges | 65/66B | €9,781 | €7,279 | -€2,501 | -25.6% |
| Recurring financial charges | 65 | €9,679 | €7,278 | -€2,400 | -24.8% |
| Non-recurring financial charges | 66B | €102 | €1 | -€101 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | €26,690 | €7,648 | -€19,042 | -71.3% |
| Income taxes | 67/77 | €1,001 | €695 | -€306 | -30.5% |
| Profit (loss) for the period | 9904 | €25,688 | €6,953 | -€18,736 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,688 | €6,953 | -€18,736 | -72.9% |
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 21 October 2026 via checked.be.