KIJABO II: 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.
KIJABO II
Largest movements
- Financial fixed assets +€6.9m
up €6.9m (+27.9%), from €24.8m to €31.7m
- Receivables after one year +€1.2m
up €1.2m (+13.0%), from €9.5m to €10.7m
- Current investments -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Revaluation surpluses +€6.0m
up €6.0m (+74.2%), from €8.1m to €14.1m
- Reserves +€802,770
up €802,770 (+33.3%), from €2.4m to €3.2m
of which Distributable reserves: +€802,770
- Financial income +€144,373
up €144,373 (+16.1%), from €898,560 to €1.0m
of which Financial income: +€158,929
- Taxes +€18,715
up €18,715 (+23.9%), from €78,304 to €97,019
- Financial charges -€10,327
down €10,327 (-87.6%), from €11,792 to €1,465
of which Financial charges: -€10,327
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,917,008 | €44,694,341 | +€6.8m | +17.9% |
| Fixed assets | 21/28 | €24,778,290 | €31,689,536 | +€6.9m | +27.9% |
| Financial fixed assets | 28 | €24,778,290 | €31,689,536 | +€6.9m | +27.9% |
| Current assets | 29/58 | €13,138,718 | €13,004,805 | -€133,913 | -1.0% |
| Amounts receivable after more than one year | 29 | €9,464,845 | €10,693,833 | +€1.2m | +13.0% |
| Other amounts receivable | 291 | €9,464,845 | €10,693,833 | +€1.2m | +13.0% |
| Amounts receivable within one year | 40/41 | €126,104 | €95,253 | -€30,850 | -24.5% |
| Trade receivables | 40 | €83,000 | €54,000 | -€29,000 | -34.9% |
| Other amounts receivable | 41 | €43,104 | €41,253 | -€1,850 | -4.3% |
| Current investments | 50/53 | €1,000,000 | €0 | -€1.0m | -100% |
| Cash at bank and in hand | 54/58 | €2,534,621 | €2,215,719 | -€318,903 | -12.6% |
| Deferred charges and accrued income | 490/1 | €13,148 | €0 | -€13,148 | -100% |
| Total equity and liabilities | 10/49 | €37,917,008 | €44,694,341 | +€6.8m | +17.9% |
| Equity | 10/15 | €37,739,016 | €44,542,430 | +€6.8m | +18.0% |
| Contributions | 10/11 | €111,973 | €111,973 | = | 0.0% |
| Capital | 10 | €111,973 | €111,973 | = | 0.0% |
| Issued capital | 100 | €111,973 | €111,973 | = | 0.0% |
| Revaluation surpluses | 12 | €8,089,390 | €14,090,034 | +€6.0m | +74.2% |
| Reserves | 13 | €2,407,414 | €3,210,185 | +€802,770 | +33.3% |
| Non-distributable reserves | 130/1 | €11,197 | €11,197 | = | 0.0% |
| Legal reserve | 130 | €11,197 | €11,197 | = | 0.0% |
| Distributable reserves | 133 | €2,396,217 | €3,198,987 | +€802,770 | +33.5% |
| Profit (loss) carried forward | 14 | €27,130,238 | €27,130,238 | = | 0.0% |
| Amounts payable | 17/49 | €177,991 | €151,911 | -€26,080 | -14.7% |
| Amounts payable after more than one year | 17 | €79,734 | €0 | -€79,734 | -100% |
| Financial debts | 170/4 | €79,734 | €0 | -€79,734 | -100% |
| Amounts payable within one year | 42/48 | €84,257 | €126,911 | +€42,654 | +50.6% |
| Trade debts | 44 | €17,581 | €46,634 | +€29,053 | +165% |
| Suppliers | 440/4 | €17,581 | €46,634 | +€29,053 | +165% |
| Taxes, remuneration and social security | 45 | €66,676 | €80,277 | +€13,601 | +20.4% |
| Taxes | 450/3 | €66,676 | €80,277 | +€13,601 | +20.4% |
| Accrued charges and deferred income | 492/3 | €14,000 | €25,000 | +€11,000 | +78.6% |
| Other operating charges | 640/8 | €1,102 | €1,110 | +€7 | +0.7% |
| Gross operating margin | 9900 | -€140,602 | -€140,568 | +€34 | 0.0% |
| Operating profit (loss) | 9901 | -€141,704 | -€141,677 | +€26 | 0.0% |
| Financial income | 75/76B | €898,560 | €1,042,933 | +€144,373 | +16.1% |
| Recurring financial income | 75 | €450,009 | €608,939 | +€158,929 | +35.3% |
| Non-recurring financial income | 76B | €448,550 | €433,994 | -€14,556 | -3.2% |
| Financial charges | 65/66B | €11,792 | €1,465 | -€10,327 | -87.6% |
| Recurring financial charges | 65 | €11,792 | €1,465 | -€10,327 | -87.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €745,064 | €899,790 | +€154,726 | +20.8% |
| Income taxes | 67/77 | €78,304 | €97,019 | +€18,715 | +23.9% |
| Profit (loss) for the period | 9904 | €666,760 | €802,770 | +€136,011 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €666,760 | €802,770 | +€136,011 | +20.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.