KELLY DOUMEN: 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.
KELLY DOUMEN
Largest movements
- Cash +€17,629
up €17,629 (+33.6%), from €52,429 to €70,058
mainly Net result for the year (+€21,929) and Depreciation (+€11,228)
- Tangible fixed assets -€10,628
down €10,628 (-24.4%), from €43,528 to €32,900
- Current investments +€9,000
new in 2025: €9,000
- Receivables within one year -€4,071
down €4,071 (-95.9%), from €4,244 to €173
- Reserves +€21,929
up €21,929 (+51.1%), from €42,888 to €64,817
- Short-term financial debts -€10,000
no longer reported in 2025 (was €10,000)
- Gross operating margin -€24,325
down €24,325 (-36.1%), from €67,367 to €43,042
- Taxes -€4,032
down €4,032 (-33.8%), from €11,920 to €7,888
- Financial charges +€1,235
up €1,235 (+673%), from €184 to €1,419
- Depreciation -€854
down €854 (-7.1%), from €12,082 to €11,228
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 | €111,807 | €124,693 | +€12,886 | +11.5% |
| Fixed assets | 21/28 | €43,528 | €32,900 | -€10,628 | -24.4% |
| Tangible fixed assets | 22/27 | €43,528 | €32,900 | -€10,628 | -24.4% |
| Furniture and vehicles | 24 | €43,528 | €32,900 | -€10,628 | -24.4% |
| Current assets | 29/58 | €68,279 | €91,792 | +€23,514 | +34.4% |
| Amounts receivable within one year | 40/41 | €4,244 | €173 | -€4,071 | -95.9% |
| Trade receivables | 40 | €4,244 | €173 | -€4,071 | -95.9% |
| Current investments | 50/53 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €52,429 | €70,058 | +€17,629 | +33.6% |
| Deferred charges and accrued income | 490/1 | €11,605 | €12,561 | +€955 | +8.2% |
| Total equity and liabilities | 10/49 | €111,807 | €124,693 | +€12,886 | +11.5% |
| Equity | 10/15 | €43,888 | €65,817 | +€21,929 | +50.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €42,888 | €64,817 | +€21,929 | +51.1% |
| Distributable reserves | 133 | €42,888 | €64,817 | +€21,929 | +51.1% |
| Amounts payable | 17/49 | €67,919 | €58,876 | -€9,043 | -13.3% |
| Amounts payable after more than one year | 17 | €43,972 | €43,108 | -€864 | -2.0% |
| Financial debts | 170/4 | €21,715 | €10,601 | -€11,114 | -51.2% |
| Other amounts payable | 178/9 | €22,257 | €32,507 | +€10,250 | +46.1% |
| Amounts payable within one year | 42/48 | €23,947 | €15,768 | -€8,179 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €10,662 | €11,114 | +€452 | +4.2% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €1,365 | €2,421 | +€1,056 | +77.3% |
| Suppliers | 440/4 | €1,365 | €2,421 | +€1,056 | +77.3% |
| Taxes, remuneration and social security | 45 | €1,920 | €2,233 | +€313 | +16.3% |
| Taxes | 450/3 | €1,920 | €2,233 | +€313 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,082 | €11,228 | -€854 | -7.1% |
| Other operating charges | 640/8 | €293 | €904 | +€610 | +208% |
| Gross operating margin | 9900 | €67,367 | €43,042 | -€24,325 | -36.1% |
| Operating profit (loss) | 9901 | €54,992 | €30,910 | -€24,082 | -43.8% |
| Financial income | 75/76B | €0 | €326 | +€326 | +1,628,250% |
| Recurring financial income | 75 | €0 | €326 | +€326 | +1,628,250% |
| Financial charges | 65/66B | €184 | €1,419 | +€1,235 | +673% |
| Recurring financial charges | 65 | €184 | €1,419 | +€1,235 | +673% |
| Profit (loss) for the period before taxes | 9903 | €54,808 | €29,817 | -€24,991 | -45.6% |
| Income taxes | 67/77 | €11,920 | €7,888 | -€4,032 | -33.8% |
| Profit (loss) for the period | 9904 | €42,888 | €21,929 | -€20,959 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,888 | €21,929 | -€20,959 | -48.9% |
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 30 October 2026 via checked.be.