KETCHA TENKAM: 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.
KETCHA TENKAM
Largest movements
- Receivables after one year +€70,764
up €70,764 (+19.1%), from €370,982 to €441,746
- Receivables within one year -€17,058
down €17,058 (-31.9%), from €53,425 to €36,367
- Cash +€6,309
up €6,309 (+24.2%), from €26,028 to €32,337
mainly Net result for the year (+€102,912) and Other debts (+€20,000)
- Profit (loss) carried forward +€52,912
up €52,912 (+15.7%), from €337,979 to €390,891
- Other debts +€20,000
up €20,000 (+66.7%), from €30,000 to €50,000
- Trade debts -€15,297
down €15,297 (-92.4%), from €16,547 to €1,250
- Purchases and services +€5,769
up €5,769 (+4.8%), from €121,160 to €126,929
- Turnover +€3,137
up €3,137 (+1.2%), from €257,439 to €260,576
- Financial charges -€2,663
down €2,663 (-80.8%), from €3,298 to €635
- Gross operating margin -€2,632
down €2,632 (-1.9%), from €136,279 to €133,647
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 | €463,183 | €524,697 | +€61,514 | +13.3% |
| Fixed assets | 21/28 | €12,005 | €11,846 | -€158 | -1.3% |
| Tangible fixed assets | 22/27 | €12,005 | €11,846 | -€158 | -1.3% |
| Furniture and vehicles | 24 | €12,005 | €11,846 | -€158 | -1.3% |
| Current assets | 29/58 | €451,178 | €512,851 | +€61,673 | +13.7% |
| Amounts receivable after more than one year | 29 | €370,982 | €441,746 | +€70,764 | +19.1% |
| Other amounts receivable | 291 | €370,982 | €441,746 | +€70,764 | +19.1% |
| Amounts receivable within one year | 40/41 | €53,425 | €36,367 | -€17,058 | -31.9% |
| Other amounts receivable | 41 | €53,425 | €36,367 | -€17,058 | -31.9% |
| Cash at bank and in hand | 54/58 | €26,028 | €32,337 | +€6,309 | +24.2% |
| Deferred charges and accrued income | 490/1 | €743 | €2,401 | +€1,657 | +223% |
| Total equity and liabilities | 10/49 | €463,183 | €524,697 | +€61,514 | +13.3% |
| Equity | 10/15 | €352,239 | €405,151 | +€52,912 | +15.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | €337,979 | €390,891 | +€52,912 | +15.7% |
| Amounts payable | 17/49 | €110,944 | €119,546 | +€8,602 | +7.8% |
| Amounts payable within one year | 42/48 | €109,825 | €119,546 | +€9,722 | +8.9% |
| Trade debts | 44 | €16,547 | €1,250 | -€15,297 | -92.4% |
| Suppliers | 440/4 | €16,547 | €1,250 | -€15,297 | -92.4% |
| Taxes, remuneration and social security | 45 | €63,277 | €68,296 | +€5,019 | +7.9% |
| Taxes | 450/3 | €63,277 | €68,296 | +€5,019 | +7.9% |
| Other amounts payable | 47/48 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Accrued charges and deferred income | 492/3 | €1,120 | - | -€1,120 | |
| Turnover | 70 | €257,439 | €260,576 | +€3,137 | +1.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €121,160 | €126,929 | +€5,769 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,173 | €6,774 | -€2,399 | -26.1% |
| Other operating charges | 640/8 | €1,485 | €1,013 | -€471 | -31.8% |
| Gross operating margin | 9900 | €136,279 | €133,647 | -€2,632 | -1.9% |
| Operating profit (loss) | 9901 | €125,622 | €125,860 | +€238 | +0.2% |
| Financial income | 75/76B | €13,744 | €11,854 | -€1,890 | -13.7% |
| Recurring financial income | 75 | €13,744 | €11,854 | -€1,890 | -13.7% |
| Financial charges | 65/66B | €3,298 | €635 | -€2,663 | -80.8% |
| Recurring financial charges | 65 | €3,298 | €635 | -€2,663 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €136,068 | €137,080 | +€1,012 | +0.7% |
| Income taxes | 67/77 | €34,129 | €34,168 | +€39 | +0.1% |
| Profit (loss) for the period | 9904 | €101,939 | €102,912 | +€973 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,939 | €102,912 | +€973 | +1.0% |
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 28 October 2026 via checked.be.