Kesteloot & C°: 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.
Kesteloot & C°
Largest movements
- Receivables within one year +€9,339
up €9,339 (+6.1%), from €152,416 to €161,756
of which Other amounts receivable: +€49,052
- Cash +€4,892
up €4,892 (+32.6%), from €14,989 to €19,881
mainly Net result for the year (+€23,670) and Other debts (+€14,297)
- Other debts +€14,297
up €14,297 (+21.3%), from €67,201 to €81,497
- Tax, wage and social debts -€8,730
down €8,730 (-28.5%), from €30,600 to €21,870
of which Taxes: -€9,770
- Reserves +€6,460
up €6,460 (+12.4%), from €51,985 to €58,445
of which Distributable reserves: +€6,460
- Staff costs -€13,788
down €13,788 (-22.9%), from €60,181 to €46,393
- Financial charges -€2,633
down €2,633 (-62.9%), from €4,185 to €1,552
- Taxes +€1,627
up €1,627 (+39.8%), from €4,090 to €5,717
- Other operating charges -€1,158
down €1,158 (-66.8%), from €1,733 to €575
- Depreciation -€949
down €949 (-36.8%), from €2,582 to €1,633
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,566 | €185,756 | +€11,190 | +6.4% |
| Fixed assets | 21/28 | €2,235 | €602 | -€1,633 | -73.1% |
| Tangible fixed assets | 22/27 | €2,235 | €602 | -€1,633 | -73.1% |
| Furniture and vehicles | 24 | €2,235 | €602 | -€1,633 | -73.1% |
| Current assets | 29/58 | €172,331 | €185,154 | +€12,823 | +7.4% |
| Amounts receivable within one year | 40/41 | €152,416 | €161,756 | +€9,339 | +6.1% |
| Trade receivables | 40 | €151,843 | €112,131 | -€39,713 | -26.2% |
| Other amounts receivable | 41 | €573 | €49,625 | +€49,052 | +8,559% |
| Cash at bank and in hand | 54/58 | €14,989 | €19,881 | +€4,892 | +32.6% |
| Deferred charges and accrued income | 490/1 | €4,926 | €3,517 | -€1,409 | -28.6% |
| Total equity and liabilities | 10/49 | €174,566 | €185,756 | +€11,190 | +6.4% |
| Equity | 10/15 | €66,618 | €73,088 | +€6,470 | +9.7% |
| Contributions | 10/11 | €13,100 | €13,100 | = | 0.0% |
| Reserves | 13 | €51,985 | €58,445 | +€6,460 | +12.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,485 | €2,485 | = | 0.0% |
| Distributable reserves | 133 | €47,500 | €53,960 | +€6,460 | +13.6% |
| Profit (loss) carried forward | 14 | €1,533 | €1,543 | +€10 | +0.6% |
| Amounts payable | 17/49 | €107,949 | €112,669 | +€4,720 | +4.4% |
| Amounts payable within one year | 42/48 | €107,949 | €112,669 | +€4,720 | +4.4% |
| Financial debts | 43 | €846 | €398 | -€448 | -53.0% |
| Credit institutions | 430/8 | €846 | €398 | -€448 | -53.0% |
| Trade debts | 44 | €9,301 | €8,903 | -€398 | -4.3% |
| Suppliers | 440/4 | €9,301 | €8,903 | -€398 | -4.3% |
| Taxes, remuneration and social security | 45 | €30,600 | €21,870 | -€8,730 | -28.5% |
| Taxes | 450/3 | €22,365 | €12,595 | -€9,770 | -43.7% |
| Remuneration and social security | 454/9 | €8,235 | €9,275 | +€1,039 | +12.6% |
| Other amounts payable | 47/48 | €67,201 | €81,497 | +€14,297 | +21.3% |
| Remuneration, social security and pensions | 62 | €60,181 | €46,393 | -€13,788 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,582 | €1,633 | -€949 | -36.8% |
| Other operating charges | 640/8 | €1,733 | €575 | -€1,158 | -66.8% |
| Gross operating margin | 9900 | €79,264 | €79,506 | +€242 | +0.3% |
| Operating profit (loss) | 9901 | €14,769 | €30,906 | +€16,137 | +109% |
| Financial income | 75/76B | €152 | €33 | -€119 | -78.3% |
| Recurring financial income | 75 | €152 | €33 | -€119 | -78.3% |
| Financial charges | 65/66B | €4,185 | €1,552 | -€2,633 | -62.9% |
| Recurring financial charges | 65 | €4,185 | €1,552 | -€2,633 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €10,736 | €29,387 | +€18,651 | +174% |
| Income taxes | 67/77 | €4,090 | €5,717 | +€1,627 | +39.8% |
| Profit (loss) for the period | 9904 | €6,646 | €23,670 | +€17,024 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €6,646 | €23,670 | +€17,024 | +256% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.