Kemetyl Group: 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.
What changed
Kemetyl Group
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €308,914+€1.0m
Equity
€30.1m
2024 · €6.4m+€23.6m
Cash
€287,802
2024 · €233,781+€54,021
Balance sheet total
€108.2m
2024 · €15.7m+€92.5m
Largest movements
Assets
- Financial fixed assets +€92.4m
up €92.4m (+601%), from €15.4m to €107.8m
Equity and liabilities
- Debts after one year +€65.5m
up €65.5m (+1,288%), from €5.1m to €70.6m
- Contributions +€22.3m
up €22.3m (+364%), from €6.1m to €28.4m
- Current portion of long-term debt +€3.3m
up €3.3m (+267%), from €1.3m to €4.6m
- Reserves +€1.3m
up €1.3m (+433%), from €308,914 to €1.6m
Income statement
- Financial income +€4.5m
up €4.5m (+497%), from €897,151 to €5.4m
- Financial charges +€2.4m
up €2.4m (+457%), from €517,642 to €2.9m
- Turnover -€1.8m
down €1.8m (-65.5%), from €2.7m to €926,964
- Services and other goods -€758,675
down €758,675 (-27.5%), from €2.8m to €2.0m
- Other operating charges +€54,979
up €54,979 (+8,183%), from €672 to €55,651
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.
Result 2024
€308,914
Turnover
-€1.8m
Services and other goods
+€758,675
Other operating charges
-€54,979
Financial income
+€4.5m
Financial charges
-€2.4m
Result 2025
€1.3m
raises the resultlowers the result
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.
From operations
+€1.2m
Investment
-€92.4m
Financing
+€91.2m
Cash 2024
€233,781
From operations (derived)
+€1.2m
Net result for the year
+€1.3m
Smaller working-capital items
-€135,200
Investment (derived)
-€92.4m
Investment in fixed assets (net)
-€92.4m
Financing
+€91.2m
Debts after one year
+€65.5m
Current portion of long-term debt
+€3.3m
Short-term financial debts
+€123,709
Contributions, distributions and other
+€22.3m
Cash 2025
€287,802
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,734,097 | €108,197,149 | +€92.5m | +588% |
| Fixed assets | 21/28 | €15,380,466 | €107,751,968 | +€92.4m | +601% |
| Financial fixed assets | 28 | €15,380,466 | €107,751,968 | +€92.4m | +601% |
| Affiliated companies | 280/1 | €15,380,466 | €107,751,968 | +€92.4m | +601% |
| Participating interests | 280 | €15,380,466 | €107,751,968 | +€92.4m | +601% |
| Current assets | 29/58 | €353,631 | €445,181 | +€91,550 | +25.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €119,442 | €156,983 | +€37,541 | +31.4% |
| Trade receivables | 40 | €106,532 | €94,020 | -€12,512 | -11.7% |
| Other amounts receivable | 41 | €12,910 | €62,963 | +€50,054 | +388% |
| Cash at bank and in hand | 54/58 | €233,781 | €287,802 | +€54,021 | +23.1% |
| Deferred charges and accrued income | 490/1 | €408 | €396 | -€12 | -2.9% |
| Total equity and liabilities | 10/49 | €15,734,097 | €108,197,149 | +€92.5m | +588% |
| Equity | 10/15 | €6,433,914 | €30,064,897 | +€23.6m | +367% |
| Contributions | 10/11 | €6,125,000 | €28,417,500 | +€22.3m | +364% |
| Reserves | 13 | €308,914 | €1,647,397 | +€1.3m | +433% |
| Distributable reserves | 133 | €308,914 | €1,647,397 | +€1.3m | +433% |
| Amounts payable | 17/49 | €9,300,183 | €78,132,252 | +€68.8m | +740% |
| Amounts payable after more than one year | 17 | €5,083,333 | €70,556,029 | +€65.5m | +1,288% |
| Financial debts | 170/4 | €5,083,333 | €70,556,029 | +€65.5m | +1,288% |
| Subordinated loans | 170 | - | €14,397,343 | +€14.4m | |
| Credit institutions | 173 | €5,083,333 | €20,662,501 | +€15.6m | +306% |
| Other loans | 174 | - | €35,496,185 | +€35.5m | |
| Amounts payable within one year | 42/48 | €4,024,297 | €7,562,943 | +€3.5m | +87.9% |
| Current portion of amounts payable after more than one year | 42 | €1,250,000 | €4,583,334 | +€3.3m | +267% |
| Financial debts | 43 | - | €123,709 | +€123,709 | |
| Credit institutions | 430/8 | - | €123,709 | +€123,709 | |
| Trade debts | 44 | €32,245 | €40,365 | +€8,120 | +25.2% |
| Suppliers | 440/4 | €32,245 | €40,365 | +€8,120 | +25.2% |
| Taxes, remuneration and social security | 45 | - | €33 | +€33 | |
| Taxes | 450/3 | - | €33 | +€33 | |
| Other amounts payable | 47/48 | €2,742,052 | €2,815,501 | +€73,449 | +2.7% |
| Accrued charges and deferred income | 492/3 | €192,553 | €13,280 | -€179,273 | -93.1% |
| Operating income | 70/76A | €2,688,820 | €926,964 | -€1.8m | -65.5% |
| Turnover | 70 | €2,688,820 | €926,964 | -€1.8m | -65.5% |
| Operating charges | 60/66A | €2,759,415 | €2,055,719 | -€703,696 | -25.5% |
| Services and other goods | 61 | €2,758,743 | €2,000,068 | -€758,675 | -27.5% |
| Other operating charges | 640/8 | €672 | €55,651 | +€54,979 | +8,183% |
| Operating profit (loss) | 9901 | -€70,595 | -€1,128,755 | -€1.1m | -1,499% |
| Financial income | 75/76B | €897,151 | €5,351,801 | +€4.5m | +497% |
| Recurring financial income | 75 | €897,151 | €5,351,801 | +€4.5m | +497% |
| Income from financial fixed assets | 750 | €890,000 | €5,289,362 | +€4.4m | +494% |
| Income from current assets | 751 | €7,151 | €0 | -€7,151 | -100% |
| Other financial income | 752/9 | - | €62,439 | +€62,439 | |
| Financial charges | 65/66B | €517,642 | €2,884,563 | +€2.4m | +457% |
| Recurring financial charges | 65 | €517,642 | €2,884,563 | +€2.4m | +457% |
| Debt charges | 650 | €511,452 | €2,250,114 | +€1.7m | +340% |
| Other financial charges | 652/9 | €6,190 | €634,449 | +€628,259 | +10,150% |
| Profit (loss) for the period before taxes | 9903 | €308,914 | €1,338,483 | +€1.0m | +333% |
| Profit (loss) for the period | 9904 | €308,914 | €1,338,483 | +€1.0m | +333% |
| Profit (loss) for the period to be appropriated | 9905 | €308,914 | €1,338,483 | +€1.0m | +333% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.