KEJIENG: 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.
KEJIENG
Largest movements
- Cash +€17,948
up €17,948 (+40.5%), from €44,321 to €62,268
mainly Trade debts (+€10,475) and Depreciation (+€8,163)
- Stocks and contracts +€9,182
up €9,182 (+12.2%), from €75,053 to €84,235
- Tangible fixed assets -€3,502
down €3,502 (-8.5%), from €41,321 to €37,819
of which Other tangible fixed assets: -€4,503
- Trade debts +€10,475
up €10,475 (+10.1%), from €103,220 to €113,695
of which Suppliers: +€8,876
- Tax, wage and social debts +€7,506
up €7,506 (+28.3%), from €26,531 to €34,036
of which Taxes: +€7,412
- Reserves +€5,178
up €5,178 (+5.4%), from €96,235 to €101,413
- Depreciation -€8,487
down €8,487 (-51.0%), from €16,650 to €8,163
- Gross operating margin -€4,665
down €4,665 (-2.1%), from €223,457 to €218,792
- Staff costs +€4,592
up €4,592 (+2.4%), from €191,659 to €196,251
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 | €245,985 | €269,145 | +€23,159 | +9.4% |
| Fixed assets | 21/28 | €41,671 | €38,169 | -€3,502 | -8.4% |
| Tangible fixed assets | 22/27 | €41,321 | €37,819 | -€3,502 | -8.5% |
| Plant, machinery and equipment | 23 | €10,960 | €11,172 | +€212 | +1.9% |
| Furniture and vehicles | 24 | €887 | €1,677 | +€789 | +89.0% |
| Other tangible fixed assets | 26 | €29,474 | €24,970 | -€4,503 | -15.3% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €204,315 | €230,976 | +€26,661 | +13.0% |
| Stocks and contracts in progress | 3 | €75,053 | €84,235 | +€9,182 | +12.2% |
| Stocks | 30/36 | €75,053 | €84,235 | +€9,182 | +12.2% |
| Amounts receivable within one year | 40/41 | €84,941 | €84,172 | -€769 | -0.9% |
| Trade receivables | 40 | €44,518 | €51,750 | +€7,231 | +16.2% |
| Other amounts receivable | 41 | €40,423 | €32,423 | -€8,000 | -19.8% |
| Cash at bank and in hand | 54/58 | €44,321 | €62,268 | +€17,948 | +40.5% |
| Deferred charges and accrued income | 490/1 | - | €300 | +€300 | |
| Total equity and liabilities | 10/49 | €245,985 | €269,145 | +€23,159 | +9.4% |
| Equity | 10/15 | €116,235 | €121,413 | +€5,178 | +4.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €96,235 | €101,413 | +€5,178 | +5.4% |
| Distributable reserves | 133 | €96,235 | €101,413 | +€5,178 | +5.4% |
| Amounts payable | 17/49 | €129,750 | €147,731 | +€17,981 | +13.9% |
| Amounts payable within one year | 42/48 | €129,750 | €147,731 | +€17,981 | +13.9% |
| Trade debts | 44 | €103,220 | €113,695 | +€10,475 | +10.1% |
| Suppliers | 440/4 | €68,501 | €77,377 | +€8,876 | +13.0% |
| Bills of exchange payable | 441 | €34,719 | €36,318 | +€1,599 | +4.6% |
| Taxes, remuneration and social security | 45 | €26,531 | €34,036 | +€7,506 | +28.3% |
| Taxes | 450/3 | €4,899 | €12,311 | +€7,412 | +151% |
| Remuneration and social security | 454/9 | €21,632 | €21,725 | +€93 | +0.4% |
| Remuneration, social security and pensions | 62 | €191,659 | €196,251 | +€4,592 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,650 | €8,163 | -€8,487 | -51.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €223,457 | €218,792 | -€4,665 | -2.1% |
| Operating profit (loss) | 9901 | €14,698 | €13,916 | -€782 | -5.3% |
| Financial income | 75/76B | €2 | €624 | +€622 | +25,899% |
| Recurring financial income | 75 | €2 | €624 | +€622 | +25,899% |
| Financial charges | 65/66B | €4,491 | €4,961 | +€470 | +10.5% |
| Recurring financial charges | 65 | €4,491 | €4,961 | +€470 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €10,209 | €9,579 | -€631 | -6.2% |
| Income taxes | 67/77 | €2,270 | €4,401 | +€2,131 | +93.9% |
| Profit (loss) for the period | 9904 | €7,940 | €5,178 | -€2,761 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,940 | €5,178 | -€2,761 | -34.8% |
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 23 October 2026 via checked.be.