KELLYAN: 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.
KELLYAN
Largest movements
- Receivables within one year +€14,751
up €14,751 (+102.4%), from €14,405 to €29,156
of which Other amounts receivable: +€14,121
- Cash +€6,919
up €6,919 (+25.4%), from €27,278 to €34,197
mainly Net result for the year (+€29,415) and Other debts (+€4,382)
- Tangible fixed assets +€3,856
up €3,856 (+21.4%), from €18,036 to €21,892
of which Furniture and vehicles: +€2,406
- Profit (loss) carried forward +€29,415
up €29,415 (+117.0%), from €25,151 to €54,566
- Trade debts -€4,519
no longer reported in 2025 (was €4,519)
- Other debts +€4,382
up €4,382 (+40.9%), from €10,711 to €15,093
- Tax, wage and social debts -€3,753
down €3,753 (-33.3%), from €11,280 to €7,527
of which Taxes: -€5,240
- Turnover +€130,291
up €130,291 (+59.3%), from €219,794 to €350,084
- Purchases and services +€89,886
up €89,886 (+53.3%), from €168,653 to €258,539
- Gross operating margin +€49,093
up €49,093 (+96.0%), from €51,141 to €100,233
- Staff costs +€44,991
up €44,991 (+198.2%), from €22,696 to €67,687
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.
Cash bridge derived
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 | €59,720 | €85,246 | +€25,525 | +42.7% |
| Fixed assets | 21/28 | €18,036 | €21,892 | +€3,856 | +21.4% |
| Tangible fixed assets | 22/27 | €18,036 | €21,892 | +€3,856 | +21.4% |
| Plant, machinery and equipment | 23 | - | €1,450 | +€1,450 | |
| Furniture and vehicles | 24 | €15,512 | €17,918 | +€2,406 | +15.5% |
| Other tangible fixed assets | 26 | €2,524 | €2,524 | = | 0.0% |
| Current assets | 29/58 | €41,684 | €63,353 | +€21,670 | +52.0% |
| Amounts receivable within one year | 40/41 | €14,405 | €29,156 | +€14,751 | +102.4% |
| Trade receivables | 40 | - | €629 | +€629 | |
| Other amounts receivable | 41 | €14,405 | €28,527 | +€14,121 | +98.0% |
| Cash at bank and in hand | 54/58 | €27,278 | €34,197 | +€6,919 | +25.4% |
| Total equity and liabilities | 10/49 | €59,720 | €85,246 | +€25,525 | +42.7% |
| Equity | 10/15 | €33,211 | €62,626 | +€29,415 | +88.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,151 | €54,566 | +€29,415 | +117.0% |
| Amounts payable | 17/49 | €26,510 | €22,620 | -€3,890 | -14.7% |
| Amounts payable within one year | 42/48 | €26,510 | €22,620 | -€3,890 | -14.7% |
| Trade debts | 44 | €4,519 | - | -€4,519 | |
| Suppliers | 440/4 | €4,519 | - | -€4,519 | |
| Taxes, remuneration and social security | 45 | €11,280 | €7,527 | -€3,753 | -33.3% |
| Taxes | 450/3 | €10,076 | €4,835 | -€5,240 | -52.0% |
| Remuneration and social security | 454/9 | €1,204 | €2,692 | +€1,488 | +123.6% |
| Other amounts payable | 47/48 | €10,711 | €15,093 | +€4,382 | +40.9% |
| Turnover | 70 | €219,794 | €350,084 | +€130,291 | +59.3% |
| Non-recurring operating income | 76A | - | €8,688 | +€8,688 | |
| Goods, raw materials, services and sundry goods | 60/61 | €168,653 | €258,539 | +€89,886 | +53.3% |
| Remuneration, social security and pensions | 62 | €22,696 | €67,687 | +€44,991 | +198.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €553 | €1,537 | +€984 | +178.1% |
| Other operating charges | 640/8 | €410 | €1,512 | +€1,102 | +268.5% |
| Gross operating margin | 9900 | €51,141 | €100,233 | +€49,093 | +96.0% |
| Operating profit (loss) | 9901 | €27,482 | €29,498 | +€2,016 | +7.3% |
| Financial charges | 65/66B | - | €83 | +€83 | |
| Recurring financial charges | 65 | - | €83 | +€83 | |
| Profit (loss) for the period before taxes | 9903 | €27,482 | €29,415 | +€1,933 | +7.0% |
| Profit (loss) for the period | 9904 | €27,482 | €29,415 | +€1,933 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,482 | €29,415 | +€1,933 | +7.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.