KEJETIA: 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.
KEJETIA
Largest movements
- Cash +€52,061
up €52,061 (+84.8%), from €61,414 to €113,475
mainly Net result for the year (+€61,005) and Tax, wage and social debts (+€14,957)
- Receivables within one year +€23,952
up €23,952 (+63.4%), from €37,776 to €61,728
of which Other amounts receivable: +€39,257
- Reserves +€61,005
up €61,005 (+69.6%), from €87,688 to €148,693
- Tax, wage and social debts +€14,957
up €14,957 (+191%), from €7,828 to €22,785
- Gross operating margin +€26,066
up €26,066 (+52.3%), from €49,874 to €75,940
- Taxes +€5,121
up €5,121 (+49.8%), from €10,278 to €15,399
- Financial income +€1,192
up €1,192 (+156%), from €765 to €1,957
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 | €100,707 | €175,593 | +€74,886 | +74.4% |
| Fixed assets | 21/28 | €1,517 | €390 | -€1,128 | -74.3% |
| Tangible fixed assets | 22/27 | €1,517 | €390 | -€1,128 | -74.3% |
| Furniture and vehicles | 24 | €1,517 | €390 | -€1,128 | -74.3% |
| Current assets | 29/58 | €99,190 | €175,203 | +€76,013 | +76.6% |
| Amounts receivable within one year | 40/41 | €37,776 | €61,728 | +€23,952 | +63.4% |
| Trade receivables | 40 | €15,305 | - | -€15,305 | |
| Other amounts receivable | 41 | €22,471 | €61,728 | +€39,257 | +175% |
| Cash at bank and in hand | 54/58 | €61,414 | €113,475 | +€52,061 | +84.8% |
| Total equity and liabilities | 10/49 | €100,707 | €175,593 | +€74,886 | +74.4% |
| Equity | 10/15 | €90,188 | €151,193 | +€61,005 | +67.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €87,688 | €148,693 | +€61,005 | +69.6% |
| Distributable reserves | 133 | €87,688 | €148,693 | +€61,005 | +69.6% |
| Amounts payable | 17/49 | €10,519 | €24,400 | +€13,881 | +132% |
| Amounts payable within one year | 42/48 | €10,519 | €24,400 | +€13,881 | +132% |
| Trade debts | 44 | €2,691 | €1,615 | -€1,076 | -40.0% |
| Suppliers | 440/4 | €2,691 | €1,615 | -€1,076 | -40.0% |
| Taxes, remuneration and social security | 45 | €7,828 | €22,785 | +€14,957 | +191% |
| Taxes | 450/3 | €7,828 | €22,785 | +€14,957 | +191% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,313 | €1,128 | -€185 | -14.1% |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | €49,874 | €75,940 | +€26,066 | +52.3% |
| Operating profit (loss) | 9901 | €48,379 | €74,627 | +€26,247 | +54.3% |
| Financial income | 75/76B | €765 | €1,957 | +€1,192 | +156% |
| Recurring financial income | 75 | €765 | €1,957 | +€1,192 | +156% |
| Financial charges | 65/66B | €168 | €180 | +€13 | +7.6% |
| Recurring financial charges | 65 | €168 | €180 | +€13 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €48,977 | €76,404 | +€27,427 | +56.0% |
| Income taxes | 67/77 | €10,278 | €15,399 | +€5,121 | +49.8% |
| Profit (loss) for the period | 9904 | €38,699 | €61,005 | +€22,306 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,699 | €61,005 | +€22,306 | +57.6% |
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 25 October 2026 via checked.be.