Khalil & C°: what changed
Two fiscal 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.
Khalil & C°
Largest movements
- Receivables within one year +€109,705
up €109,705 (+297.0%), from €36,934 to €146,639
of which Trade receivables: +€124,774
- Cash +€28,288
up €28,288 (+37.0%), from €76,371 to €104,660
mainly Trade debts (+€66,378) and Net result for the year (+€53,583)
- Financial fixed assets +€5,280
up €5,280 (+49.1%), from €10,749 to €16,029
- Tangible fixed assets +€4,739
up €4,739 (+5.6%), from €84,522 to €89,261
of which Land and buildings: +€5,428
- Trade debts +€66,378
up €66,378 (+153.1%), from €43,353 to €109,731
- Reserves +€53,583
up €53,583 (+44.5%), from €120,500 to €174,082
- Tax, wage and social debts +€12,767
up €12,767 (+66.2%), from €19,273 to €32,040
of which Taxes: +€11,721
- Debts after one year +€9,108
up €9,108 (+179.0%), from €5,088 to €14,196
- Current portion of long-term debt +€7,044
up €7,044 (+113.5%), from €6,208 to €13,252
- Gross operating margin +€152,601
up €152,601 (+115.9%), from €131,709 to €284,310
- Staff costs +€66,721
up €66,721 (+61.1%), from €109,217 to €175,938
- Taxes +€27,814
up €27,814 (+2280.6%), from €1,220 to €29,034
- Depreciation +€4,876
up €4,876 (+30.5%), from €16,006 to €20,882
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.
Cash bridge derived
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 | €213,022 | €361,901 | +€148,880 | +69.9% |
| Fixed assets | 21/28 | €95,271 | €105,290 | +€10,019 | +10.5% |
| Tangible fixed assets | 22/27 | €84,522 | €89,261 | +€4,739 | +5.6% |
| Land and buildings | 22 | - | €5,428 | +€5,428 | |
| Plant, machinery and equipment | 23 | €13,343 | €16,279 | +€2,936 | +22.0% |
| Furniture and vehicles | 24 | €31,693 | €33,911 | +€2,218 | +7.0% |
| Leasing and similar rights | 25 | €9,051 | €5,637 | -€3,414 | -37.7% |
| Other tangible fixed assets | 26 | €30,435 | €28,005 | -€2,430 | -8.0% |
| Financial fixed assets | 28 | €10,749 | €16,029 | +€5,280 | +49.1% |
| Current assets | 29/58 | €117,750 | €256,611 | +€138,861 | +117.9% |
| Stocks and contracts in progress | 3 | €3,505 | €4,780 | +€1,275 | +36.4% |
| Stocks | 30/36 | €3,505 | €4,780 | +€1,275 | +36.4% |
| Amounts receivable within one year | 40/41 | €36,934 | €146,639 | +€109,705 | +297.0% |
| Trade receivables | 40 | €340 | €125,114 | +€124,774 | +36718.8% |
| Other amounts receivable | 41 | €36,594 | €21,525 | -€15,069 | -41.2% |
| Cash at bank and in hand | 54/58 | €76,371 | €104,660 | +€28,288 | +37.0% |
| Deferred charges and accrued income | 490/1 | €940 | €533 | -€407 | -43.3% |
| Total equity and liabilities | 10/49 | €213,022 | €361,901 | +€148,880 | +69.9% |
| Equity | 10/15 | €139,100 | €192,682 | +€53,583 | +38.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,500 | €174,082 | +€53,583 | +44.5% |
| Distributable reserves | 133 | €120,500 | €174,082 | +€53,583 | +44.5% |
| Amounts payable | 17/49 | €73,922 | €169,219 | +€95,297 | +128.9% |
| Amounts payable after more than one year | 17 | €5,088 | €14,196 | +€9,108 | +179.0% |
| Financial debts | 170/4 | €5,088 | €14,196 | +€9,108 | +179.0% |
| Amounts payable within one year | 42/48 | €68,833 | €155,022 | +€86,189 | +125.2% |
| Current portion of amounts payable after more than one year | 42 | €6,208 | €13,252 | +€7,044 | +113.5% |
| Trade debts | 44 | €43,353 | €109,731 | +€66,378 | +153.1% |
| Suppliers | 440/4 | €43,353 | €109,731 | +€66,378 | +153.1% |
| Taxes, remuneration and social security | 45 | €19,273 | €32,040 | +€12,767 | +66.2% |
| Taxes | 450/3 | €6,011 | €17,731 | +€11,721 | +195.0% |
| Remuneration and social security | 454/9 | €13,262 | €14,309 | +€1,047 | +7.9% |
| Remuneration, social security and pensions | 62 | €109,217 | €175,938 | +€66,721 | +61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,006 | €20,882 | +€4,876 | +30.5% |
| Other operating charges | 640/8 | €1,951 | €2,027 | +€76 | +3.9% |
| Non-recurring operating charges | 66A | - | €58 | +€58 | |
| Gross operating margin | 9900 | €131,709 | €284,310 | +€152,601 | +115.9% |
| Operating profit (loss) | 9901 | €4,535 | €85,405 | +€80,869 | +1783.0% |
| Financial income | 75/76B | €830 | €977 | +€147 | +17.7% |
| Recurring financial income | 75 | €830 | €977 | +€147 | +17.7% |
| Financial charges | 65/66B | €2,542 | €3,766 | +€1,224 | +48.2% |
| Recurring financial charges | 65 | €2,542 | €3,766 | +€1,224 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | €2,824 | €82,616 | +€79,793 | +2825.6% |
| Income taxes | 67/77 | €1,220 | €29,034 | +€27,814 | +2280.6% |
| Profit (loss) for the period | 9904 | €1,604 | €53,583 | +€51,978 | +3239.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,604 | €53,583 | +€51,978 | +3239.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.