Kemizz: 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.
Kemizz
Largest movements
- Receivables within one year +€47,069
up €47,069 (+120.5%), from €39,076 to €86,145
of which Other amounts receivable: +€32,121
- Cash -€16,611
down €16,611 (-35.0%), from €47,487 to €30,876
mainly Receivables within one year (-€47,069) and Investment in fixed assets (net) (-€11,907)
- Stocks and contracts +€7,001
new in 2025: €7,001
- Tangible fixed assets +€5,251
up €5,251 (+43.0%), from €12,215 to €17,466
of which Furniture and vehicles: +€4,426
- Profit (loss) carried forward +€42,614
up €42,614 (+51.4%), from €82,828 to €125,442
- Tax, wage and social debts +€1,723
up €1,723 (+15.0%), from €11,472 to €13,195
- Gross operating margin -€48,067
down €48,067 (-43.7%), from €110,086 to €62,019
- Taxes -€9,853
down €9,853 (-46.1%), from €21,373 to €11,520
- Depreciation +€3,988
up €3,988 (+149.5%), from €2,668 to €6,656
- Financial income +€1,273
up €1,273 (+239.0%), from €533 to €1,806
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 | €98,927 | €141,638 | +€42,710 | +43.2% |
| Fixed assets | 21/28 | €12,365 | €17,616 | +€5,251 | +42.5% |
| Tangible fixed assets | 22/27 | €12,215 | €17,466 | +€5,251 | +43.0% |
| Plant, machinery and equipment | 23 | €12,215 | €13,040 | +€825 | +6.8% |
| Furniture and vehicles | 24 | - | €4,426 | +€4,426 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €86,563 | €124,022 | +€37,459 | +43.3% |
| Stocks and contracts in progress | 3 | - | €7,001 | +€7,001 | |
| Stocks | 30/36 | - | €7,001 | +€7,001 | |
| Amounts receivable within one year | 40/41 | €39,076 | €86,145 | +€47,069 | +120.5% |
| Trade receivables | 40 | €21,071 | €36,018 | +€14,948 | +70.9% |
| Other amounts receivable | 41 | €18,006 | €50,127 | +€32,121 | +178.4% |
| Cash at bank and in hand | 54/58 | €47,487 | €30,876 | -€16,611 | -35.0% |
| Total equity and liabilities | 10/49 | €98,927 | €141,638 | +€42,710 | +43.2% |
| Equity | 10/15 | €85,828 | €128,442 | +€42,614 | +49.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,828 | €125,442 | +€42,614 | +51.4% |
| Amounts payable | 17/49 | €13,099 | €13,195 | +€96 | +0.7% |
| Amounts payable within one year | 42/48 | €12,819 | €13,195 | +€376 | +2.9% |
| Trade debts | 44 | €1,347 | €0 | -€1,347 | -100.0% |
| Suppliers | 440/4 | €1,347 | €0 | -€1,347 | -100.0% |
| Taxes, remuneration and social security | 45 | €11,472 | €13,195 | +€1,723 | +15.0% |
| Taxes | 450/3 | €11,472 | €13,195 | +€1,723 | +15.0% |
| Accrued charges and deferred income | 492/3 | €280 | €0 | -€280 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,668 | €6,656 | +€3,988 | +149.5% |
| Other operating charges | 640/8 | €1,214 | €1,494 | +€280 | +23.0% |
| Gross operating margin | 9900 | €110,086 | €62,019 | -€48,067 | -43.7% |
| Operating profit (loss) | 9901 | €106,204 | €53,869 | -€52,335 | -49.3% |
| Financial income | 75/76B | €533 | €1,806 | +€1,273 | +239.0% |
| Recurring financial income | 75 | €533 | €1,806 | +€1,273 | +239.0% |
| Financial charges | 65/66B | €2,535 | €1,541 | -€994 | -39.2% |
| Recurring financial charges | 65 | €2,535 | €1,541 | -€994 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €104,201 | €54,134 | -€50,068 | -48.0% |
| Income taxes | 67/77 | €21,373 | €11,520 | -€9,853 | -46.1% |
| Profit (loss) for the period | 9904 | €82,828 | €42,614 | -€40,214 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €82,828 | €42,614 | -€40,214 | -48.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.