KELLO: 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.
KELLO
Largest movements
- Cash +€21,803
up €21,803 (+56.6%), from €38,519 to €60,322
mainly Net result for the year (+€16,913) and Other debts (+€5,927)
- Deferred charges and accrued income +€741
up €741 (+11.4%), from €6,501 to €7,242
- Reserves +€16,913
up €16,913 (+94.2%), from €17,952 to €34,864
- Other debts +€5,927
up €5,927 (+50.8%), from €11,673 to €17,600
- Financial charges +€1,349
up €1,349 (+30311.9%), from €4 to €1,353
- Taxes -€309
down €309 (-4.3%), from €7,153 to €6,844
- Other operating charges -€289
down €289 (-39.1%), from €739 to €450
- Gross operating margin -€288
down €288 (-1.1%), from €25,848 to €25,560
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 | €45,021 | €67,565 | +€22,544 | +50.1% |
| Current assets | 29/58 | €45,021 | €67,565 | +€22,544 | +50.1% |
| Cash at bank and in hand | 54/58 | €38,519 | €60,322 | +€21,803 | +56.6% |
| Deferred charges and accrued income | 490/1 | €6,501 | €7,242 | +€741 | +11.4% |
| Total equity and liabilities | 10/49 | €45,021 | €67,565 | +€22,544 | +50.1% |
| Equity | 10/15 | €22,952 | €39,864 | +€16,913 | +73.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,952 | €34,864 | +€16,913 | +94.2% |
| Distributable reserves | 133 | €17,952 | €34,864 | +€16,913 | +94.2% |
| Amounts payable | 17/49 | €22,069 | €27,701 | +€5,632 | +25.5% |
| Amounts payable within one year | 42/48 | €21,681 | €27,701 | +€6,020 | +27.8% |
| Trade debts | 44 | €605 | €670 | +€65 | +10.7% |
| Suppliers | 440/4 | €605 | €670 | +€65 | +10.7% |
| Taxes, remuneration and social security | 45 | €9,403 | €9,431 | +€28 | +0.3% |
| Taxes | 450/3 | €9,403 | €9,431 | +€28 | +0.3% |
| Other amounts payable | 47/48 | €11,673 | €17,600 | +€5,927 | +50.8% |
| Accrued charges and deferred income | 492/3 | €388 | - | -€388 | |
| Other operating charges | 640/8 | €739 | €450 | -€289 | -39.1% |
| Gross operating margin | 9900 | €25,848 | €25,560 | -€288 | -1.1% |
| Operating profit (loss) | 9901 | €25,109 | €25,110 | +€1 | 0.0% |
| Financial charges | 65/66B | €4 | €1,353 | +€1,349 | +30311.9% |
| Recurring financial charges | 65 | €4 | €1,353 | +€1,349 | +30311.9% |
| Profit (loss) for the period before taxes | 9903 | €25,105 | €23,756 | -€1,348 | -5.4% |
| Income taxes | 67/77 | €7,153 | €6,844 | -€309 | -4.3% |
| Profit (loss) for the period | 9904 | €17,952 | €16,913 | -€1,039 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,952 | €16,913 | -€1,039 | -5.8% |
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 28 September 2026 via checked.be.