KELI-RONO: 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.
KELI-RONO
Largest movements
- Receivables within one year +€30,825
up €30,825 (+63.6%), from €48,482 to €79,307
of which Other amounts receivable: +€17,000
- Cash +€9,795
up €9,795 (+92.0%), from €10,649 to €20,445
mainly Net result for the year (+€31,635) and Tax, wage and social debts (+€8,137)
- Tangible fixed assets -€1,667
down €1,667 (-39.0%), from €4,276 to €2,609
- Reserves +€31,635
up €31,635 (+77.0%), from €41,061 to €72,696
- Tax, wage and social debts +€8,137
up €8,137 (+45.9%), from €17,742 to €25,879
of which Taxes: +€5,792
- Gross operating margin -€16,194
down €16,194 (-27.2%), from €59,487 to €43,293
- Taxes -€6,532
down €6,532 (-44.1%), from €14,802 to €8,270
- Staff costs -€1,985
down €1,985 (-60.0%), from €3,307 to €1,322
- Depreciation +€943
up €943 (+130%), from €724 to €1,667
- Financial income -€827
no longer reported in 2025 (was €827)
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 | €63,407 | €102,361 | +€38,954 | +61.4% |
| Fixed assets | 21/28 | €4,276 | €2,609 | -€1,667 | -39.0% |
| Tangible fixed assets | 22/27 | €4,276 | €2,609 | -€1,667 | -39.0% |
| Furniture and vehicles | 24 | €4,276 | €2,609 | -€1,667 | -39.0% |
| Current assets | 29/58 | €59,131 | €99,751 | +€40,620 | +68.7% |
| Amounts receivable within one year | 40/41 | €48,482 | €79,307 | +€30,825 | +63.6% |
| Trade receivables | 40 | €21,175 | €35,000 | +€13,825 | +65.3% |
| Other amounts receivable | 41 | €27,307 | €44,307 | +€17,000 | +62.3% |
| Cash at bank and in hand | 54/58 | €10,649 | €20,445 | +€9,795 | +92.0% |
| Total equity and liabilities | 10/49 | €63,407 | €102,361 | +€38,954 | +61.4% |
| Equity | 10/15 | €44,061 | €75,696 | +€31,635 | +71.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €41,061 | €72,696 | +€31,635 | +77.0% |
| Distributable reserves | 133 | €41,061 | €72,696 | +€31,635 | +77.0% |
| Amounts payable | 17/49 | €19,346 | €26,665 | +€7,319 | +37.8% |
| Amounts payable within one year | 42/48 | €19,346 | €26,665 | +€7,319 | +37.8% |
| Trade debts | 44 | €1,604 | €786 | -€818 | -51.0% |
| Suppliers | 440/4 | €1,604 | €786 | -€818 | -51.0% |
| Taxes, remuneration and social security | 45 | €17,742 | €25,879 | +€8,137 | +45.9% |
| Taxes | 450/3 | €17,742 | €23,534 | +€5,792 | +32.6% |
| Remuneration and social security | 454/9 | - | €2,344 | +€2,344 | |
| Remuneration, social security and pensions | 62 | €3,307 | €1,322 | -€1,985 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €724 | €1,667 | +€943 | +130% |
| Other operating charges | 640/8 | €421 | €400 | -€21 | -5.1% |
| Gross operating margin | 9900 | €59,487 | €43,293 | -€16,194 | -27.2% |
| Operating profit (loss) | 9901 | €55,035 | €39,905 | -€15,130 | -27.5% |
| Financial income | 75/76B | €827 | - | -€827 | |
| Recurring financial income | 75 | €827 | - | -€827 | |
| Profit (loss) for the period before taxes | 9903 | €55,863 | €39,905 | -€15,958 | -28.6% |
| Income taxes | 67/77 | €14,802 | €8,270 | -€6,532 | -44.1% |
| Profit (loss) for the period | 9904 | €41,061 | €31,635 | -€9,426 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,061 | €31,635 | -€9,426 | -23.0% |
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.