Kestico: 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.
Kestico
Largest movements
- Cash +€61,696
up €61,696 (+319%), from €19,338 to €81,034
mainly Receivables within one year (+€45,253) and Net result for the year (+€44,979)
- Receivables within one year -€45,253
down €45,253 (-98.5%), from €45,953 to €700
of which Trade receivables: -€30,953
- Tangible fixed assets -€26,573
down €26,573 (-34.3%), from €77,452 to €50,878
of which Furniture and vehicles: -€25,203
- Debts after one year -€11,806
down €11,806 (-79.9%), from €14,768 to €2,962
- Reserves -€6,010
down €6,010 (-11.8%), from €51,010 to €45,000
- Other debts +€4,043
up €4,043 (+9.4%), from €42,871 to €46,915
- Trade debts +€1,482
up €1,482 (+2,894%), from €51 to €1,533
- Gross operating margin +€13,980
up €13,980 (+18.8%), from €74,431 to €88,411
- Taxes +€2,621
up €2,621 (+25.8%), from €10,147 to €12,768
- Other operating charges -€910
down €910 (-51.9%), from €1,754 to €844
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 | €145,587 | €134,447 | -€11,140 | -7.7% |
| Fixed assets | 21/28 | €77,452 | €50,878 | -€26,573 | -34.3% |
| Tangible fixed assets | 22/27 | €77,452 | €50,878 | -€26,573 | -34.3% |
| Plant, machinery and equipment | 23 | €563 | €325 | -€239 | -42.3% |
| Furniture and vehicles | 24 | €69,153 | €43,950 | -€25,203 | -36.4% |
| Other tangible fixed assets | 26 | €7,735 | €6,604 | -€1,131 | -14.6% |
| Current assets | 29/58 | €68,135 | €83,568 | +€15,433 | +22.7% |
| Amounts receivable within one year | 40/41 | €45,953 | €700 | -€45,253 | -98.5% |
| Trade receivables | 40 | €30,953 | - | -€30,953 | |
| Other amounts receivable | 41 | €15,000 | €700 | -€14,300 | -95.3% |
| Cash at bank and in hand | 54/58 | €19,338 | €81,034 | +€61,696 | +319% |
| Deferred charges and accrued income | 490/1 | €2,844 | €1,835 | -€1,010 | -35.5% |
| Total equity and liabilities | 10/49 | €145,587 | €134,447 | -€11,140 | -7.7% |
| Equity | 10/15 | €69,712 | €63,681 | -€6,031 | -8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,010 | €45,000 | -€6,010 | -11.8% |
| Distributable reserves | 133 | €51,010 | €45,000 | -€6,010 | -11.8% |
| Profit (loss) carried forward | 14 | €102 | €81 | -€21 | -20.3% |
| Amounts payable | 17/49 | €75,875 | €70,766 | -€5,110 | -6.7% |
| Amounts payable after more than one year | 17 | €14,768 | €2,962 | -€11,806 | -79.9% |
| Financial debts | 170/4 | €14,768 | €2,962 | -€11,806 | -79.9% |
| Amounts payable within one year | 42/48 | €59,081 | €65,578 | +€6,497 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €11,737 | €11,806 | +€69 | +0.6% |
| Trade debts | 44 | €51 | €1,533 | +€1,482 | +2,894% |
| Suppliers | 440/4 | €51 | €1,533 | +€1,482 | +2,894% |
| Taxes, remuneration and social security | 45 | €4,422 | €5,325 | +€903 | +20.4% |
| Taxes | 450/3 | €4,422 | €5,325 | +€903 | +20.4% |
| Other amounts payable | 47/48 | €42,871 | €46,915 | +€4,043 | +9.4% |
| Accrued charges and deferred income | 492/3 | €2,026 | €2,225 | +€199 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,940 | €26,573 | +€633 | +2.4% |
| Other operating charges | 640/8 | €1,754 | €844 | -€910 | -51.9% |
| Gross operating margin | 9900 | €74,431 | €88,411 | +€13,980 | +18.8% |
| Operating profit (loss) | 9901 | €46,737 | €60,993 | +€14,256 | +30.5% |
| Financial income | 75/76B | €234 | €118 | -€117 | -49.8% |
| Recurring financial income | 75 | €234 | €118 | -€117 | -49.8% |
| Financial charges | 65/66B | €3,195 | €3,364 | +€169 | +5.3% |
| Recurring financial charges | 65 | €3,195 | €3,364 | +€169 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €43,776 | €57,747 | +€13,971 | +31.9% |
| Income taxes | 67/77 | €10,147 | €12,768 | +€2,621 | +25.8% |
| Profit (loss) for the period | 9904 | €33,629 | €44,979 | +€11,350 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,629 | €44,979 | +€11,350 | +33.8% |
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 15 October 2026 via checked.be.