Ki-Ja: 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.
Ki-Ja
Largest movements
- Receivables within one year +€9,062
up €9,062 (+863.1%), from €1,050 to €10,112
of which Other amounts receivable: +€6,902
- Cash +€4,115
up €4,115 (+80.8%), from €5,092 to €9,207
mainly Debts after one year (+€11,938) and Current portion of long-term debt (+€2,830)
- Formation expenses -€432
down €432 (-23.0%), from €1,876 to €1,444
- Debts after one year +€11,938
new in 2025: €11,938
- Other debts -€3,554
down €3,554 (-100.0%), from €3,554 to €0
- Current portion of long-term debt +€2,830
new in 2025: €2,830
- Tax, wage and social debts +€1,070
up €1,070 (+465.4%), from €230 to €1,300
- Trade debts +€1,020
up €1,020 (+62.2%), from €1,640 to €2,659
- Gross operating margin -€1,138
down €1,138 (-84.3%), from €1,349 to €212
- Taxes -€230
down €230 (-100.0%), from €230 to €0
- Other operating charges -€190
down €190 (-26.7%), from €709 to €520
- Depreciation +€147
up €147 (+51.5%), from €285 to €432
- Financial charges +€48
up €48 (+159.9%), from €30 to €78
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 | €8,018 | €20,763 | +€12,745 | +158.9% |
| Formation expenses | 20 | €1,876 | €1,444 | -€432 | -23.0% |
| Current assets | 29/58 | €6,142 | €19,319 | +€13,177 | +214.5% |
| Amounts receivable within one year | 40/41 | €1,050 | €10,112 | +€9,062 | +863.1% |
| Trade receivables | 40 | €1,050 | €3,210 | +€2,160 | +205.7% |
| Other amounts receivable | 41 | - | €6,902 | +€6,902 | |
| Cash at bank and in hand | 54/58 | €5,092 | €9,207 | +€4,115 | +80.8% |
| Total equity and liabilities | 10/49 | €8,018 | €20,763 | +€12,745 | +158.9% |
| Equity | 10/15 | €2,595 | €1,777 | -€818 | -31.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €95 | €95 | = | 0.0% |
| Distributable reserves | 133 | €95 | €95 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€818 | -€818 | |
| Amounts payable | 17/49 | €5,423 | €18,986 | +€13,563 | +250.1% |
| Amounts payable after more than one year | 17 | - | €11,938 | +€11,938 | |
| Financial debts | 170/4 | - | €11,938 | +€11,938 | |
| Amounts payable within one year | 42/48 | €5,423 | €6,789 | +€1,366 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | - | €2,830 | +€2,830 | |
| Trade debts | 44 | €1,640 | €2,659 | +€1,020 | +62.2% |
| Suppliers | 440/4 | €1,640 | €2,659 | +€1,020 | +62.2% |
| Taxes, remuneration and social security | 45 | €230 | €1,300 | +€1,070 | +465.4% |
| Taxes | 450/3 | €230 | €1,300 | +€1,070 | +465.4% |
| Other amounts payable | 47/48 | €3,554 | €0 | -€3,554 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €259 | +€259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285 | €432 | +€147 | +51.5% |
| Other operating charges | 640/8 | €709 | €520 | -€190 | -26.7% |
| Gross operating margin | 9900 | €1,349 | €212 | -€1,138 | -84.3% |
| Operating profit (loss) | 9901 | €355 | -€740 | -€1,095 | |
| Financial charges | 65/66B | €30 | €78 | +€48 | +159.9% |
| Recurring financial charges | 65 | €30 | €78 | +€48 | +159.9% |
| Profit (loss) for the period before taxes | 9903 | €325 | -€818 | -€1,143 | |
| Income taxes | 67/77 | €230 | €0 | -€230 | -100.0% |
| Profit (loss) for the period | 9904 | €95 | -€818 | -€913 | |
| Profit (loss) for the period to be appropriated | 9905 | €95 | -€818 | -€913 |
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 10 October 2026 via checked.be.