Kelesia: 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.
Kelesia
Largest movements
- Cash -€16,120
down €16,120 (-11.3%), from €142,661 to €126,541
mainly Other debts (-€53,429) and Contributions, distributions and other (-€39,000)
- Tangible fixed assets +€1,742
up €1,742 (+274%), from €636 to €2,379
- Other debts -€53,429
down €53,429 (-57.4%), from €93,104 to €39,675
- Reserves +€34,000
up €34,000 (+83.2%), from €40,860 to €74,860
- Tax, wage and social debts +€4,834
up €4,834 (+55.7%), from €8,677 to €13,511
- Gross operating margin +€17,111
up €17,111 (+20.3%), from €84,317 to €101,428
- Taxes +€10,555
up €10,555 (+62.4%), from €16,907 to €27,461
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 | €155,307 | €140,981 | -€14,326 | -9.2% |
| Fixed assets | 21/28 | €636 | €2,379 | +€1,742 | +274% |
| Tangible fixed assets | 22/27 | €636 | €2,379 | +€1,742 | +274% |
| Furniture and vehicles | 24 | €636 | €2,379 | +€1,742 | +274% |
| Current assets | 29/58 | €154,671 | €138,603 | -€16,068 | -10.4% |
| Amounts receivable within one year | 40/41 | €12,010 | €11,968 | -€42 | -0.4% |
| Trade receivables | 40 | €12,010 | €9,075 | -€2,935 | -24.4% |
| Other amounts receivable | 41 | - | €2,893 | +€2,893 | |
| Cash at bank and in hand | 54/58 | €142,661 | €126,541 | -€16,120 | -11.3% |
| Deferred charges and accrued income | 490/1 | - | €94 | +€94 | |
| Total equity and liabilities | 10/49 | €155,307 | €140,981 | -€14,326 | -9.2% |
| Equity | 10/15 | €53,260 | €87,390 | +€34,130 | +64.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,860 | €74,860 | +€34,000 | +83.2% |
| Distributable reserves | 133 | €40,860 | €74,860 | +€34,000 | +83.2% |
| Profit (loss) carried forward | 14 | - | €130 | +€130 | |
| Amounts payable | 17/49 | €102,047 | €53,592 | -€48,455 | -47.5% |
| Amounts payable within one year | 42/48 | €102,047 | €53,592 | -€48,455 | -47.5% |
| Trade debts | 44 | €266 | €406 | +€140 | +52.8% |
| Suppliers | 440/4 | €266 | €406 | +€140 | +52.8% |
| Taxes, remuneration and social security | 45 | €8,677 | €13,511 | +€4,834 | +55.7% |
| Taxes | 450/3 | €8,677 | €13,511 | +€4,834 | +55.7% |
| Other amounts payable | 47/48 | €93,104 | €39,675 | -€53,429 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €903 | €1,265 | +€362 | +40.1% |
| Other operating charges | 640/8 | €384 | €340 | -€45 | -11.7% |
| Gross operating margin | 9900 | €84,317 | €101,428 | +€17,111 | +20.3% |
| Operating profit (loss) | 9901 | €83,029 | €99,824 | +€16,794 | +20.2% |
| Financial income | 75/76B | €433 | €851 | +€418 | +96.4% |
| Recurring financial income | 75 | €433 | €851 | +€418 | +96.4% |
| Financial charges | 65/66B | €59 | €84 | +€25 | +42.8% |
| Recurring financial charges | 65 | €59 | €84 | +€25 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €83,404 | €100,591 | +€17,187 | +20.6% |
| Income taxes | 67/77 | €16,907 | €27,461 | +€10,555 | +62.4% |
| Profit (loss) for the period | 9904 | €66,497 | €73,130 | +€6,633 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,497 | €73,130 | +€6,633 | +10.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.