KELLYDELI: 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.
What changed
KELLYDELI
NACE 10.890, Manufacture of food products
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€245,974
2023 · €451,857-€205,883
Equity
€2.0m
2023 · €1.7m+€245,974
Cash
€395,855
2023 · €1.7m-€1.3m
Balance sheet total
€5.4m
2023 · €5.4m-€28,285
Largest movements
Assets
- Cash -€1.3m
down €1.3m (-77.0%), from €1.7m to €395,855
mainly Receivables within one year (-€1.1m) and Investment in fixed assets (net) (-€380,364)
- Receivables within one year +€1.1m
up €1.1m (+35.5%), from €3.1m to €4.2m
of which Trade receivables: +€913,365
- Tangible fixed assets +€137,644
up €137,644 (+29.4%), from €468,309 to €605,953
of which Furniture and vehicles: +€205,159
- Financial fixed assets +€73,137
up €73,137 (+29254.8%), from €250 to €73,387
Equity and liabilities
- Profit (loss) carried forward +€245,974
up €245,974 (+14.5%), from €1.7m to €1.9m
- Trade debts -€173,780
down €173,780 (-6.3%), from €2.7m to €2.6m
- Debts after one year +€118,087
up €118,087 (+80.1%), from €147,428 to €265,515
- Current portion of long-term debt -€116,495
down €116,495 (-49.6%), from €234,646 to €118,151
- Tax, wage and social debts -€71,497
down €71,497 (-24.7%), from €289,815 to €218,318
of which Remuneration and social security: -€53,724
Income statement
- Turnover -€988,512
down €988,512 (-4.2%), from €23.6m to €22.6m
- Staff costs -€392,875
down €392,875 (-18.5%), from €2.1m to €1.7m
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.
Result 2023
€451,857
Turnover
-€988,512
Other operating income
+€19,049
Goods and materials
+€15,922
Services and other goods
+€94,119
Staff costs
+€392,875
Depreciation
+€53,566
Other operating charges
-€121,458
Other operating items
+€252,347
Financial income
+€706
Financial charges
+€22,214
Taxes
+€53,289
Result 2024
€245,974
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.
From operations
-€948,280
Investment
-€380,635
Financing
+€1,592
Cash 2023
€1.7m
From operations (derived)
-€948,280
Net result for the year
+€245,974
Depreciation
+€169,583
Stocks and contracts
+€10,397
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€8,153
Trade debts
-€173,780
Tax, wage and social debts
-€71,497
Accrued charges and deferred income
-€30,574
Investment (derived)
-€380,635
Investment in fixed assets (net)
-€380,364
Current investments
-€271
Financing
+€1,592
Debts after one year
+€118,087
Current portion of long-term debt
-€116,495
Cash 2024
€395,855
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,422,889 | €5,394,604 | -€28,285 | -0.5% |
| Fixed assets | 21/28 | €468,559 | €679,340 | +€210,781 | +45.0% |
| Tangible fixed assets | 22/27 | €468,309 | €605,953 | +€137,644 | +29.4% |
| Plant, machinery and equipment | 23 | €50,623 | €70,363 | +€19,740 | +39.0% |
| Furniture and vehicles | 24 | €100,120 | €305,279 | +€205,159 | +204.9% |
| Leasing and similar rights | 25 | €315,848 | €230,311 | -€85,537 | -27.1% |
| Other tangible fixed assets | 26 | €1,718 | €0 | -€1,718 | -100.0% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €250 | €73,387 | +€73,137 | +29254.8% |
| Other financial fixed assets | 284/8 | €250 | €73,387 | +€73,137 | +29254.8% |
| Amounts receivable and cash guarantees | 285/8 | €250 | €73,387 | +€73,137 | +29254.8% |
| Current assets | 29/58 | €4,954,330 | €4,715,264 | -€239,066 | -4.8% |
| Stocks and contracts in progress | 3 | €98,227 | €87,830 | -€10,397 | -10.6% |
| Stocks | 30/36 | €98,227 | €87,830 | -€10,397 | -10.6% |
| Goods purchased for resale | 34 | €98,227 | €87,830 | -€10,397 | -10.6% |
| Amounts receivable within one year | 40/41 | €3,073,348 | €4,163,578 | +€1.1m | +35.5% |
| Trade receivables | 40 | €3,008,835 | €3,922,200 | +€913,365 | +30.4% |
| Other amounts receivable | 41 | €64,513 | €241,378 | +€176,865 | +274.2% |
| Current investments | 50/53 | €26,730 | €27,001 | +€271 | +1.0% |
| Other investments | 51/53 | €26,730 | €27,001 | +€271 | +1.0% |
| Cash at bank and in hand | 54/58 | €1,723,178 | €395,855 | -€1.3m | -77.0% |
| Deferred charges and accrued income | 490/1 | €32,847 | €41,000 | +€8,153 | +24.8% |
| Total equity and liabilities | 10/49 | €5,422,889 | €5,394,604 | -€28,285 | -0.5% |
| Equity | 10/15 | €1,719,432 | €1,965,406 | +€245,974 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €1,698,972 | €1,944,946 | +€245,974 | +14.5% |
| Amounts payable | 17/49 | €3,703,457 | €3,429,198 | -€274,259 | -7.4% |
| Amounts payable after more than one year | 17 | €147,428 | €265,515 | +€118,087 | +80.1% |
| Financial debts | 170/4 | €147,428 | €265,515 | +€118,087 | +80.1% |
| Other loans | 174 | €147,428 | €265,515 | +€118,087 | +80.1% |
| Amounts payable within one year | 42/48 | €3,266,401 | €2,904,629 | -€361,772 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €234,646 | €118,151 | -€116,495 | -49.6% |
| Trade debts | 44 | €2,741,940 | €2,568,160 | -€173,780 | -6.3% |
| Suppliers | 440/4 | €2,741,940 | €2,568,160 | -€173,780 | -6.3% |
| Taxes, remuneration and social security | 45 | €289,815 | €218,318 | -€71,497 | -24.7% |
| Taxes | 450/3 | €87,410 | €69,637 | -€17,773 | -20.3% |
| Remuneration and social security | 454/9 | €202,405 | €148,681 | -€53,724 | -26.5% |
| Accrued charges and deferred income | 492/3 | €289,628 | €259,054 | -€30,574 | -10.6% |
| Operating income | 70/76A | €23,702,695 | €22,733,232 | -€969,463 | -4.1% |
| Turnover | 70 | €23,634,992 | €22,646,480 | -€988,512 | -4.2% |
| Other operating income | 74 | €67,703 | €86,752 | +€19,049 | +28.1% |
| Operating charges | 60/66A | €23,113,601 | €22,426,230 | -€687,371 | -3.0% |
| Goods for resale, raw materials and consumables | 60 | €18,509,484 | €18,493,562 | -€15,922 | -0.1% |
| Purchases | 600/8 | €18,472,157 | €18,483,165 | +€11,008 | +0.1% |
| Change in stocks: decrease (increase) | 609 | €37,327 | €10,397 | -€26,930 | -72.1% |
| Services and other goods | 61 | €1,948,161 | €1,854,042 | -€94,119 | -4.8% |
| Remuneration, social security and pensions | 62 | €2,124,724 | €1,731,849 | -€392,875 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223,149 | €169,583 | -€53,566 | -24.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €46,025 | €167,483 | +€121,458 | +263.9% |
| Non-recurring operating charges | 66A | €262,058 | €9,711 | -€252,347 | -96.3% |
| Operating profit (loss) | 9901 | €589,094 | €307,002 | -€282,092 | -47.9% |
| Financial income | 75/76B | - | €706 | +€706 | |
| Recurring financial income | 75 | - | €706 | +€706 | |
| Income from current assets | 751 | - | €706 | +€706 | |
| Financial charges | 65/66B | €44,278 | €22,064 | -€22,214 | -50.2% |
| Recurring financial charges | 65 | €44,278 | €22,064 | -€22,214 | -50.2% |
| Debt charges | 650 | €39,235 | €20,942 | -€18,293 | -46.6% |
| Other financial charges | 652/9 | €5,043 | €1,122 | -€3,921 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €544,816 | €285,644 | -€259,172 | -47.6% |
| Income taxes | 67/77 | €92,959 | €39,670 | -€53,289 | -57.3% |
| Taxes | 670/3 | €92,959 | €39,670 | -€53,289 | -57.3% |
| Profit (loss) for the period | 9904 | €451,857 | €245,974 | -€205,883 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €451,857 | €245,974 | -€205,883 | -45.6% |
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 8 October 2026 via checked.be.