KesteloOTO’s: 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.
KesteloOTO’s
Largest movements
- Cash +€75,736
up €75,736 (+260%), from €29,120 to €104,856
mainly Net result for the year (+€92,528) and Tax, wage and social debts (+€15,266)
- Receivables within one year +€15,179
up €15,179 (+74.1%), from €20,483 to €35,662
of which Trade receivables: +€12,969
- Profit (loss) carried forward +€92,528
up €92,528 (+363%), from €25,464 to €117,992
- Tax, wage and social debts +€15,266
up €15,266 (+622%), from €2,453 to €17,719
of which Taxes: +€13,616
- Other debts -€8,157
down €8,157 (-100%), from €8,157 to €0
- Trade debts -€7,100
down €7,100 (-92.0%), from €7,721 to €621
- Gross operating margin +€85,547
up €85,547 (+259%), from €33,088 to €118,635
- Taxes +€17,866
up €17,866 (+283%), from €6,310 to €24,176
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 | €53,795 | €146,682 | +€92,887 | +173% |
| Fixed assets | 21/28 | €4,192 | €5,165 | +€973 | +23.2% |
| Tangible fixed assets | 22/27 | €4,192 | €5,165 | +€973 | +23.2% |
| Land and buildings | 22 | €2,087 | €4,010 | +€1,923 | +92.2% |
| Plant, machinery and equipment | 23 | €2,106 | €1,156 | -€950 | -45.1% |
| Current assets | 29/58 | €49,603 | €141,517 | +€91,914 | +185% |
| Amounts receivable within one year | 40/41 | €20,483 | €35,662 | +€15,179 | +74.1% |
| Trade receivables | 40 | €19,083 | €32,052 | +€12,969 | +68.0% |
| Other amounts receivable | 41 | €1,400 | €3,610 | +€2,210 | +158% |
| Cash at bank and in hand | 54/58 | €29,120 | €104,856 | +€75,736 | +260% |
| Deferred charges and accrued income | 490/1 | - | €999 | +€999 | |
| Total equity and liabilities | 10/49 | €53,795 | €146,682 | +€92,887 | +173% |
| Equity | 10/15 | €35,464 | €127,992 | +€92,528 | +261% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,464 | €117,992 | +€92,528 | +363% |
| Amounts payable | 17/49 | €18,331 | €18,690 | +€359 | +2.0% |
| Amounts payable within one year | 42/48 | €18,331 | €18,340 | +€9 | 0.0% |
| Trade debts | 44 | €7,721 | €621 | -€7,100 | -92.0% |
| Suppliers | 440/4 | €7,721 | €621 | -€7,100 | -92.0% |
| Taxes, remuneration and social security | 45 | €2,453 | €17,719 | +€15,266 | +622% |
| Taxes | 450/3 | €2,453 | €16,069 | +€13,616 | +555% |
| Remuneration and social security | 454/9 | - | €1,650 | +€1,650 | |
| Other amounts payable | 47/48 | €8,157 | €0 | -€8,157 | -100% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €883 | €1,285 | +€402 | +45.5% |
| Other operating charges | 640/8 | €387 | €528 | +€140 | +36.2% |
| Gross operating margin | 9900 | €33,088 | €118,635 | +€85,547 | +259% |
| Operating profit (loss) | 9901 | €31,818 | €116,822 | +€85,005 | +267% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €44 | €119 | +€75 | +171% |
| Recurring financial charges | 65 | €44 | €119 | +€75 | +171% |
| Profit (loss) for the period before taxes | 9903 | €31,774 | €116,704 | +€84,930 | +267% |
| Income taxes | 67/77 | €6,310 | €24,176 | +€17,866 | +283% |
| Profit (loss) for the period | 9904 | €25,464 | €92,528 | +€67,064 | +263% |
| Profit (loss) for the period to be appropriated | 9905 | €25,464 | €92,528 | +€67,064 | +263% |
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 31 October 2026 via checked.be.