KERAMICO: 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.
KERAMICO
Largest movements
- Receivables within one year +€15,445
up €15,445 (+47.0%), from €32,888 to €48,333
of which Trade receivables: +€16,367
- Stocks and contracts +€13,863
new in 2025: €13,863
- Cash -€4,854
no longer reported in 2025 (was €4,854)
mainly Receivables within one year (-€15,445) and Stocks and contracts (-€13,863)
- Short-term financial debts +€8,644
new in 2025: €8,644
- Trade debts +€5,924
up €5,924 (+14.0%), from €42,442 to €48,366
- Other debts +€5,443
up €5,443 (+130.4%), from €4,174 to €9,616
- Profit (loss) carried forward +€4,348
up €4,348 (+14.9%), from -€29,239 to -€24,891
- Gross operating margin -€21,500
down €21,500 (-77.8%), from €27,631 to €6,132
- Purchases and services +€20,107
up €20,107 (+52.6%), from €38,195 to €58,302
- Depreciation -€3,117
down €3,117 (-97.0%), from €3,212 to €95
- Other operating charges -€2,231
down €2,231 (-94.7%), from €2,357 to €126
- Financial charges +€333
up €333 (+27.1%), from €1,229 to €1,562
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 | €37,837 | €62,195 | +€24,358 | +64.4% |
| Fixed assets | 21/28 | €95 | - | -€95 | |
| Tangible fixed assets | 22/27 | €95 | - | -€95 | |
| Furniture and vehicles | 24 | €95 | - | -€95 | |
| Current assets | 29/58 | €37,742 | €62,195 | +€24,454 | +64.8% |
| Stocks and contracts in progress | 3 | - | €13,863 | +€13,863 | |
| Stocks | 30/36 | - | €13,863 | +€13,863 | |
| Amounts receivable within one year | 40/41 | €32,888 | €48,333 | +€15,445 | +47.0% |
| Trade receivables | 40 | €31,656 | €48,023 | +€16,367 | +51.7% |
| Other amounts receivable | 41 | €1,232 | €310 | -€922 | -74.8% |
| Cash at bank and in hand | 54/58 | €4,854 | - | -€4,854 | |
| Total equity and liabilities | 10/49 | €37,837 | €62,195 | +€24,358 | +64.4% |
| Equity | 10/15 | -€8,779 | -€4,431 | +€4,348 | +49.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,239 | -€24,891 | +€4,348 | +14.9% |
| Amounts payable | 17/49 | €46,616 | €66,626 | +€20,010 | +42.9% |
| Amounts payable within one year | 42/48 | €46,616 | €66,626 | +€20,010 | +42.9% |
| Financial debts | 43 | - | €8,644 | +€8,644 | |
| Credit institutions | 430/8 | - | €8,644 | +€8,644 | |
| Trade debts | 44 | €42,442 | €48,366 | +€5,924 | +14.0% |
| Suppliers | 440/4 | €42,442 | €48,366 | +€5,924 | +14.0% |
| Other amounts payable | 47/48 | €4,174 | €9,616 | +€5,443 | +130.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,195 | €58,302 | +€20,107 | +52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,212 | €95 | -€3,117 | -97.0% |
| Other operating charges | 640/8 | €2,357 | €126 | -€2,231 | -94.7% |
| Gross operating margin | 9900 | €27,631 | €6,132 | -€21,500 | -77.8% |
| Operating profit (loss) | 9901 | €22,062 | €5,910 | -€16,152 | -73.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,229 | €1,562 | +€333 | +27.1% |
| Recurring financial charges | 65 | €1,229 | €1,562 | +€333 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €20,835 | €4,348 | -€16,486 | -79.1% |
| Profit (loss) for the period | 9904 | €20,835 | €4,348 | -€16,486 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,835 | €4,348 | -€16,486 | -79.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.