KelCare: 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.
KelCare
Largest movements
- Cash +€3,924
up €3,924 (+56.8%), from €6,913 to €10,837
mainly Other debts (+€1,800) and Depreciation (+€1,705)
- Tangible fixed assets -€1,705
down €1,705 (-47.2%), from €3,611 to €1,907
of which Plant, machinery and equipment: -€926
- Receivables within one year +€1,548
new in 2025: €1,548
of which Trade receivables: +€1,547
- Deferred charges and accrued income -€1,371
down €1,371 (-83.8%), from €1,637 to €266
- Other debts +€1,800
up €1,800 (+34.3%), from €5,255 to €7,055
- Trade debts -€728
down €728 (-40.8%), from €1,783 to €1,055
- Profit (loss) carried forward +€624
up €624 (+26.0%), from €2,398 to €3,022
- Accrued charges and deferred income +€422
up €422 (+436%), from €97 to €519
- Tax, wage and social debts +€278
up €278 (+217%), from €128 to €406
- Gross operating margin +€5,232
up €5,232, from -€1,972 to €3,260
- Taxes +€318
up €318 (+361%), from €88 to €406
- Depreciation +€287
up €287 (+20.3%), from €1,417 to €1,705
- Other operating charges +€78
up €78 (+20.2%), from €387 to €465
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 | €12,161 | €14,557 | +€2,396 | +19.7% |
| Fixed assets | 21/28 | €3,611 | €1,907 | -€1,705 | -47.2% |
| Tangible fixed assets | 22/27 | €3,611 | €1,907 | -€1,705 | -47.2% |
| Plant, machinery and equipment | 23 | €1,656 | €730 | -€926 | -55.9% |
| Furniture and vehicles | 24 | €1,955 | €1,176 | -€779 | -39.8% |
| Current assets | 29/58 | €8,550 | €12,650 | +€4,100 | +48.0% |
| Amounts receivable within one year | 40/41 | - | €1,548 | +€1,548 | |
| Trade receivables | 40 | - | €1,547 | +€1,547 | |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €6,913 | €10,837 | +€3,924 | +56.8% |
| Deferred charges and accrued income | 490/1 | €1,637 | €266 | -€1,371 | -83.8% |
| Total equity and liabilities | 10/49 | €12,161 | €14,557 | +€2,396 | +19.7% |
| Equity | 10/15 | €4,898 | €5,522 | +€624 | +12.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,398 | €3,022 | +€624 | +26.0% |
| Amounts payable | 17/49 | €7,263 | €9,035 | +€1,772 | +24.4% |
| Amounts payable within one year | 42/48 | €7,166 | €8,516 | +€1,350 | +18.8% |
| Trade debts | 44 | €1,783 | €1,055 | -€728 | -40.8% |
| Suppliers | 440/4 | €1,783 | €1,055 | -€728 | -40.8% |
| Taxes, remuneration and social security | 45 | €128 | €406 | +€278 | +217% |
| Taxes | 450/3 | €128 | €406 | +€278 | +217% |
| Other amounts payable | 47/48 | €5,255 | €7,055 | +€1,800 | +34.3% |
| Accrued charges and deferred income | 492/3 | €97 | €519 | +€422 | +436% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,417 | €1,705 | +€287 | +20.3% |
| Other operating charges | 640/8 | €387 | €465 | +€78 | +20.2% |
| Gross operating margin | 9900 | -€1,972 | €3,260 | +€5,232 | |
| Operating profit (loss) | 9901 | -€3,777 | €1,090 | +€4,867 | |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €59 | €60 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,815 | €1,030 | +€4,845 | |
| Income taxes | 67/77 | €88 | €406 | +€318 | +361% |
| Profit (loss) for the period | 9904 | -€3,903 | €624 | +€4,527 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,903 | €624 | +€4,527 |
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 16 October 2026 via checked.be.