KELDA FRUIT: 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.
KELDA FRUIT
Largest movements
- Cash +€55,216
up €55,216 (+21.6%), from €255,272 to €310,489
mainly Net result for the year (+€104,378) and Tax, wage and social debts (+€36,868)
- Receivables within one year +€43,045
up €43,045 (+39.2%), from €109,708 to €152,753
of which Trade receivables: +€39,808
- Stocks and contracts +€15,118
new in 2025: €15,118
- Tangible fixed assets -€9,480
down €9,480 (-7.6%), from €124,801 to €115,321
of which Plant, machinery and equipment: -€17,873
- Reserves +€73,575
up €73,575 (+40.1%), from €183,635 to €257,210
- Tax, wage and social debts +€36,868
up €36,868 (+104.1%), from €35,405 to €72,272
of which Taxes: +€31,830
- Current portion of long-term debt -€8,403
no longer reported in 2025 (was €8,403)
- Other debts +€7,766
up €7,766 (+29.6%), from €26,266 to €34,031
- Gross operating margin +€140,054
up €140,054 (+64.2%), from €218,028 to €358,082
- Taxes +€33,994
up €33,994 (+199.2%), from €17,067 to €51,061
- Staff costs +€31,505
up €31,505 (+22.7%), from €138,727 to €170,232
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 | €489,985 | €594,955 | +€104,970 | +21.4% |
| Fixed assets | 21/28 | €124,801 | €115,321 | -€9,480 | -7.6% |
| Tangible fixed assets | 22/27 | €124,801 | €115,321 | -€9,480 | -7.6% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €100,213 | €82,340 | -€17,873 | -17.8% |
| Furniture and vehicles | 24 | €24,588 | €32,981 | +€8,393 | +34.1% |
| Current assets | 29/58 | €365,185 | €479,635 | +€114,450 | +31.3% |
| Stocks and contracts in progress | 3 | - | €15,118 | +€15,118 | |
| Stocks | 30/36 | - | €15,118 | +€15,118 | |
| Amounts receivable within one year | 40/41 | €109,708 | €152,753 | +€43,045 | +39.2% |
| Trade receivables | 40 | €83,706 | €123,515 | +€39,808 | +47.6% |
| Other amounts receivable | 41 | €26,002 | €29,239 | +€3,236 | +12.4% |
| Cash at bank and in hand | 54/58 | €255,272 | €310,489 | +€55,216 | +21.6% |
| Deferred charges and accrued income | 490/1 | €204 | €1,274 | +€1,070 | +524.6% |
| Total equity and liabilities | 10/49 | €489,985 | €594,955 | +€104,970 | +21.4% |
| Equity | 10/15 | €293,781 | €367,359 | +€73,578 | +25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €183,635 | €257,210 | +€73,575 | +40.1% |
| Distributable reserves | 133 | €183,635 | €257,210 | +€73,575 | +40.1% |
| Profit (loss) carried forward | 14 | €91,546 | €91,549 | +€3 | 0.0% |
| Amounts payable | 17/49 | €196,205 | €227,597 | +€31,392 | +16.0% |
| Amounts payable within one year | 42/48 | €196,144 | €227,559 | +€31,415 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €8,403 | - | -€8,403 | |
| Trade debts | 44 | €126,071 | €121,255 | -€4,816 | -3.8% |
| Suppliers | 440/4 | €126,071 | €118,729 | -€7,342 | -5.8% |
| Bills of exchange payable | 441 | - | €2,526 | +€2,526 | |
| Taxes, remuneration and social security | 45 | €35,405 | €72,272 | +€36,868 | +104.1% |
| Taxes | 450/3 | €27,636 | €59,466 | +€31,830 | +115.2% |
| Remuneration and social security | 454/9 | €7,769 | €12,806 | +€5,037 | +64.8% |
| Other amounts payable | 47/48 | €26,266 | €34,031 | +€7,766 | +29.6% |
| Accrued charges and deferred income | 492/3 | €61 | €38 | -€23 | -37.9% |
| Non-recurring operating income | 76A | €10,000 | €4,500 | -€5,500 | -55.0% |
| Remuneration, social security and pensions | 62 | €138,727 | €170,232 | +€31,505 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,608 | €31,080 | +€3,472 | +12.6% |
| Other operating charges | 640/8 | €893 | €919 | +€26 | +2.9% |
| Non-recurring operating charges | 66A | €400 | - | -€400 | |
| Gross operating margin | 9900 | €218,028 | €358,082 | +€140,054 | +64.2% |
| Operating profit (loss) | 9901 | €50,400 | €155,851 | +€105,451 | +209.2% |
| Financial income | 75/76B | €362 | €376 | +€13 | +3.7% |
| Recurring financial income | 75 | €362 | €376 | +€13 | +3.7% |
| Financial charges | 65/66B | €685 | €788 | +€103 | +15.0% |
| Recurring financial charges | 65 | €685 | €788 | +€103 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €50,077 | €155,439 | +€105,361 | +210.4% |
| Income taxes | 67/77 | €17,067 | €51,061 | +€33,994 | +199.2% |
| Profit (loss) for the period | 9904 | €33,010 | €104,378 | +€71,368 | +216.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,010 | €104,378 | +€71,368 | +216.2% |
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 11 October 2026 via checked.be.