Keletan: what changed
Two fiscal 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.
Keletan
Largest movements
- Cash +€17,459
up €17,459 (+15977.8%), from €109 to €17,568
mainly Net result for the year (+€30,607) and Tax, wage and social debts (+€13,153)
- Stocks and contracts +€9,494
up €9,494 (+191.9%), from €4,948 to €14,442
- Tangible fixed assets -€7,211
down €7,211 (-13.1%), from €54,880 to €47,669
of which Plant, machinery and equipment: -€10,973
- Profit (loss) carried forward +€30,607
up €30,607, from -€27,475 to €3,132
- Trade debts -€18,747
down €18,747 (-23.4%), from €79,979 to €61,233
- Tax, wage and social debts +€13,153
new in 2024: €13,153
of which Remuneration and social security: +€10,187
- Other debts -€5,592
no longer reported in 2024 (was €5,592)
- Gross operating margin +€213,354
up €213,354, from -€20,677 to €192,677
- Staff costs +€147,251
new in 2024: €147,251
- Depreciation +€8,999
up €8,999 (+287.3%), from €3,133 to €12,132
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,097 | €82,518 | +€19,421 | +30.8% |
| Fixed assets | 21/28 | €54,880 | €47,669 | -€7,211 | -13.1% |
| Tangible fixed assets | 22/27 | €54,880 | €47,669 | -€7,211 | -13.1% |
| Plant, machinery and equipment | 23 | €54,880 | €43,907 | -€10,973 | -20.0% |
| Furniture and vehicles | 24 | - | €3,762 | +€3,762 | |
| Current assets | 29/58 | €8,217 | €34,849 | +€26,632 | +324.1% |
| Stocks and contracts in progress | 3 | €4,948 | €14,442 | +€9,494 | +191.9% |
| Stocks | 30/36 | €4,948 | €14,442 | +€9,494 | +191.9% |
| Amounts receivable within one year | 40/41 | €2,912 | €2,838 | -€74 | -2.5% |
| Trade receivables | 40 | - | €2,838 | +€2,838 | |
| Other amounts receivable | 41 | €2,912 | - | -€2,912 | |
| Cash at bank and in hand | 54/58 | €109 | €17,568 | +€17,459 | +15977.8% |
| Deferred charges and accrued income | 490/1 | €247 | - | -€247 | |
| Total equity and liabilities | 10/49 | €63,097 | €82,518 | +€19,421 | +30.8% |
| Equity | 10/15 | -€22,475 | €8,132 | +€30,607 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,475 | €3,132 | +€30,607 | |
| Amounts payable | 17/49 | €85,572 | €74,386 | -€11,186 | -13.1% |
| Amounts payable within one year | 42/48 | €85,572 | €74,386 | -€11,186 | -13.1% |
| Trade debts | 44 | €79,979 | €61,233 | -€18,747 | -23.4% |
| Suppliers | 440/4 | €79,979 | €61,233 | -€18,747 | -23.4% |
| Taxes, remuneration and social security | 45 | - | €13,153 | +€13,153 | |
| Taxes | 450/3 | - | €2,966 | +€2,966 | |
| Remuneration and social security | 454/9 | - | €10,187 | +€10,187 | |
| Other amounts payable | 47/48 | €5,592 | - | -€5,592 | |
| Remuneration, social security and pensions | 62 | - | €147,251 | +€147,251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,133 | €12,132 | +€8,999 | +287.3% |
| Other operating charges | 640/8 | €184 | €1,124 | +€940 | +509.6% |
| Gross operating margin | 9900 | -€20,677 | €192,677 | +€213,354 | |
| Operating profit (loss) | 9901 | -€23,994 | €32,171 | +€56,165 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €155 | €565 | +€410 | +264.6% |
| Recurring financial charges | 65 | €155 | €565 | +€410 | +264.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,149 | €31,608 | +€55,757 | |
| Income taxes | 67/77 | - | €1,001 | +€1,001 | |
| Profit (loss) for the period | 9904 | -€24,149 | €30,607 | +€54,756 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,149 | €30,607 | +€54,756 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.