KELLY TRADE: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
KELLY TRADE
Largest movements
- Receivables within one year -€13,423
down €13,423 (-97.7%), from €13,737 to €314
of which Trade receivables: -€13,730
- Cash -€1,796
down €1,796 (-75.7%), from €2,373 to €578
mainly Accrued charges and deferred income (-€7,800) and Trade debts (-€4,750)
- Accrued charges and deferred income -€7,800
no longer reported in 2025 (was €7,800)
- Trade debts -€4,750
no longer reported in 2025 (was €4,750)
- Profit (loss) carried forward -€3,762
down €3,762, from €7 to -€3,755
- Contributions +€1,000
up €1,000 (+25.0%), from €4,000 to €5,000
- Gross operating margin -€3,900
down €3,900, from €463 to -€3,437
- Other operating charges -€175
down €175 (-44.3%), from €395 to €220
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,577 | €1,265 | -€15,312 | -92.4% |
| Fixed assets | 21/28 | €466 | €373 | -€93 | -20.0% |
| Tangible fixed assets | 22/27 | €466 | €373 | -€93 | -20.0% |
| Plant, machinery and equipment | 23 | €466 | €373 | -€93 | -20.0% |
| Current assets | 29/58 | €16,110 | €892 | -€15,218 | -94.5% |
| Amounts receivable within one year | 40/41 | €13,737 | €314 | -€13,423 | -97.7% |
| Trade receivables | 40 | €13,730 | - | -€13,730 | |
| Other amounts receivable | 41 | €7 | €314 | +€307 | +4,254% |
| Cash at bank and in hand | 54/58 | €2,373 | €578 | -€1,796 | -75.7% |
| Total equity and liabilities | 10/49 | €16,577 | €1,265 | -€15,312 | -92.4% |
| Equity | 10/15 | €4,007 | €1,245 | -€2,762 | -68.9% |
| Contributions | 10/11 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Profit (loss) carried forward | 14 | €7 | -€3,755 | -€3,762 | |
| Amounts payable | 17/49 | €12,570 | €20 | -€12,550 | -99.8% |
| Amounts payable within one year | 42/48 | €4,770 | €20 | -€4,750 | -99.6% |
| Trade debts | 44 | €4,750 | - | -€4,750 | |
| Suppliers | 440/4 | €4,750 | - | -€4,750 | |
| Other amounts payable | 47/48 | €20 | €20 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €7,800 | - | -€7,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62 | €93 | +€32 | +51.4% |
| Other operating charges | 640/8 | €395 | €220 | -€175 | -44.3% |
| Gross operating margin | 9900 | €463 | -€3,437 | -€3,900 | |
| Operating profit (loss) | 9901 | €7 | -€3,750 | -€3,757 | |
| Financial charges | 65/66B | - | €11 | +€11 | |
| Recurring financial charges | 65 | - | €11 | +€11 | |
| Profit (loss) for the period before taxes | 9903 | €7 | -€3,762 | -€3,768 | |
| Profit (loss) for the period | 9904 | €7 | -€3,762 | -€3,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €7 | -€3,762 | -€3,768 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.