KEVAN ELEKTRO: 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.
KEVAN ELEKTRO
Largest movements
- Receivables within one year -€28,024
down €28,024 (-39.2%), from €71,470 to €43,446
of which Trade receivables: -€31,620
- Cash -€21,160
down €21,160 (-3.3%), from €639,778 to €618,618
mainly Other debts (-€90,749) and Investment in fixed assets (net) (-€47,500)
- Tangible fixed assets +€15,504
up €15,504 (+6.2%), from €250,556 to €266,059
of which Furniture and vehicles: +€27,213
- Other debts -€90,749
down €90,749 (-84.6%), from €107,226 to €16,477
- Reserves +€76,935
up €76,935 (+9.5%), from €812,960 to €889,895
- Tax, wage and social debts -€20,041
down €20,041 (-91.3%), from €21,956 to €1,915
- Gross operating margin -€13,359
down €13,359 (-9.7%), from €137,097 to €123,738
- Taxes -€4,729
down €4,729 (-20.2%), from €23,429 to €18,700
- Depreciation +€3,999
up €3,999 (+14.3%), from €27,997 to €31,996
- Financial income +€3,652
up €3,652 (+923%), from €396 to €4,048
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 | €965,167 | €929,627 | -€35,540 | -3.7% |
| Fixed assets | 21/28 | €250,557 | €266,060 | +€15,504 | +6.2% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €250,556 | €266,059 | +€15,504 | +6.2% |
| Land and buildings | 22 | €220,000 | €208,750 | -€11,250 | -5.1% |
| Plant, machinery and equipment | 23 | €842 | €383 | -€459 | -54.5% |
| Furniture and vehicles | 24 | €29,714 | €56,927 | +€27,213 | +91.6% |
| Current assets | 29/58 | €714,610 | €663,566 | -€51,044 | -7.1% |
| Amounts receivable within one year | 40/41 | €71,470 | €43,446 | -€28,024 | -39.2% |
| Trade receivables | 40 | €67,853 | €36,233 | -€31,620 | -46.6% |
| Other amounts receivable | 41 | €3,617 | €7,213 | +€3,596 | +99.4% |
| Cash at bank and in hand | 54/58 | €639,778 | €618,618 | -€21,160 | -3.3% |
| Deferred charges and accrued income | 490/1 | €3,362 | €1,502 | -€1,860 | -55.3% |
| Total equity and liabilities | 10/49 | €965,167 | €929,627 | -€35,540 | -3.7% |
| Equity | 10/15 | €833,420 | €908,495 | +€75,075 | +9.0% |
| Contributions | 10/11 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Reserves | 13 | €812,960 | €889,895 | +€76,935 | +9.5% |
| Distributable reserves | 133 | €812,960 | €889,895 | +€76,935 | +9.5% |
| Amounts payable | 17/49 | €131,747 | €21,132 | -€110,616 | -84.0% |
| Amounts payable within one year | 42/48 | €131,747 | €21,132 | -€110,616 | -84.0% |
| Trade debts | 44 | €2,566 | €2,740 | +€175 | +6.8% |
| Suppliers | 440/4 | €2,566 | €2,740 | +€175 | +6.8% |
| Taxes, remuneration and social security | 45 | €21,956 | €1,915 | -€20,041 | -91.3% |
| Taxes | 450/3 | €21,956 | €1,915 | -€20,041 | -91.3% |
| Other amounts payable | 47/48 | €107,226 | €16,477 | -€90,749 | -84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,997 | €31,996 | +€3,999 | +14.3% |
| Other operating charges | 640/8 | €1,559 | €1,738 | +€178 | +11.4% |
| Gross operating margin | 9900 | €137,097 | €123,738 | -€13,359 | -9.7% |
| Operating profit (loss) | 9901 | €107,540 | €90,003 | -€17,537 | -16.3% |
| Financial income | 75/76B | €396 | €4,048 | +€3,652 | +923% |
| Recurring financial income | 75 | €396 | €4,048 | +€3,652 | +923% |
| Financial charges | 65/66B | €177 | €275 | +€99 | +55.9% |
| Recurring financial charges | 65 | €177 | €275 | +€99 | +55.9% |
| Profit (loss) for the period before taxes | 9903 | €107,759 | €93,775 | -€13,984 | -13.0% |
| Income taxes | 67/77 | €23,429 | €18,700 | -€4,729 | -20.2% |
| Profit (loss) for the period | 9904 | €84,330 | €75,075 | -€9,255 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,330 | €75,075 | -€9,255 | -11.0% |
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 27 October 2026 via checked.be.