KIJAVA: 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.
KIJAVA
Largest movements
- Deferred charges and accrued income +€16,881
up €16,881 (+669.0%), from €2,523 to €19,405
- Tangible fixed assets +€12,788
up €12,788 (+5.8%), from €220,418 to €233,206
of which Plant, machinery and equipment: +€32,064
- Receivables within one year -€8,149
down €8,149 (-44.1%), from €18,468 to €10,319
of which Trade receivables: -€8,621
- Cash -€3,645
down €3,645 (-9.7%), from €37,602 to €33,957
mainly Investment in fixed assets (net) (-€39,932) and Debts after one year (-€17,888)
- Trade debts +€35,745
up €35,745 (+537.4%), from €6,652 to €42,397
- Debts after one year -€17,888
down €17,888 (-16.3%), from €109,563 to €91,676
- Other debts -€3,951
down €3,951 (-17.0%), from €23,286 to €19,335
- Reserves +€3,801
up €3,801 (+3.6%), from €105,602 to €109,402
- Gross operating margin -€35,564
down €35,564 (-46.8%), from €75,992 to €40,428
- Other operating charges -€14,435
down €14,435 (-97.4%), from €14,816 to €381
- Taxes -€7,623
down €7,623 (-78.6%), from €9,694 to €2,071
- Depreciation +€2,654
up €2,654 (+10.8%), from €24,491 to €27,145
- Financial charges +€1,681
up €1,681 (+30.6%), from €5,497 to €7,178
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 | €279,012 | €296,887 | +€17,875 | +6.4% |
| Fixed assets | 21/28 | €220,418 | €233,206 | +€12,788 | +5.8% |
| Tangible fixed assets | 22/27 | €220,418 | €233,206 | +€12,788 | +5.8% |
| Land and buildings | 22 | €178,448 | €160,430 | -€18,018 | -10.1% |
| Plant, machinery and equipment | 23 | €36,147 | €68,211 | +€32,064 | +88.7% |
| Furniture and vehicles | 24 | €5,823 | €4,565 | -€1,258 | -21.6% |
| Current assets | 29/58 | €58,593 | €63,681 | +€5,088 | +8.7% |
| Amounts receivable within one year | 40/41 | €18,468 | €10,319 | -€8,149 | -44.1% |
| Trade receivables | 40 | €18,468 | €9,846 | -€8,621 | -46.7% |
| Other amounts receivable | 41 | - | €473 | +€473 | |
| Cash at bank and in hand | 54/58 | €37,602 | €33,957 | -€3,645 | -9.7% |
| Deferred charges and accrued income | 490/1 | €2,523 | €19,405 | +€16,881 | +669.0% |
| Total equity and liabilities | 10/49 | €279,012 | €296,887 | +€17,875 | +6.4% |
| Equity | 10/15 | €111,802 | €115,602 | +€3,801 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,602 | €109,402 | +€3,801 | +3.6% |
| Distributable reserves | 133 | €105,602 | €109,402 | +€3,801 | +3.6% |
| Amounts payable | 17/49 | €167,210 | €181,285 | +€14,075 | +8.4% |
| Amounts payable after more than one year | 17 | €109,563 | €91,676 | -€17,888 | -16.3% |
| Financial debts | 170/4 | €109,563 | €91,676 | -€17,888 | -16.3% |
| Amounts payable within one year | 42/48 | €55,228 | €87,155 | +€31,927 | +57.8% |
| Current portion of amounts payable after more than one year | 42 | €17,843 | €17,888 | +€45 | +0.3% |
| Trade debts | 44 | €6,652 | €42,397 | +€35,745 | +537.4% |
| Suppliers | 440/4 | €6,652 | €42,397 | +€35,745 | +537.4% |
| Taxes, remuneration and social security | 45 | €7,447 | €7,535 | +€88 | +1.2% |
| Taxes | 450/3 | €7,447 | €5,158 | -€2,289 | -30.7% |
| Remuneration and social security | 454/9 | - | €2,377 | +€2,377 | |
| Other amounts payable | 47/48 | €23,286 | €19,335 | -€3,951 | -17.0% |
| Accrued charges and deferred income | 492/3 | €2,419 | €2,454 | +€36 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,491 | €27,145 | +€2,654 | +10.8% |
| Other operating charges | 640/8 | €14,816 | €381 | -€14,435 | -97.4% |
| Gross operating margin | 9900 | €75,992 | €40,428 | -€35,564 | -46.8% |
| Operating profit (loss) | 9901 | €36,685 | €12,903 | -€23,782 | -64.8% |
| Financial income | 75/76B | €511 | €146 | -€365 | -71.4% |
| Recurring financial income | 75 | €511 | €146 | -€365 | -71.4% |
| Financial charges | 65/66B | €5,497 | €7,178 | +€1,681 | +30.6% |
| Recurring financial charges | 65 | €5,497 | €7,178 | +€1,681 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €31,700 | €5,872 | -€25,828 | -81.5% |
| Income taxes | 67/77 | €9,694 | €2,071 | -€7,623 | -78.6% |
| Profit (loss) for the period | 9904 | €22,006 | €3,801 | -€18,205 | -82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,006 | €3,801 | -€18,205 | -82.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.