KIJZER: what changed
What changed
KIJZER
NACE 43.410, Roofing work
filed annual accounts (NBB)
Net result for the year
€685,457
2024 · €773,908-€88,451
Equity
€2.4m
2024 · €1.7m+€685,457
Cash
€1.1m
2024 · €527,592+€571,811
Balance sheet total
€6.2m
2024 · €5.7m+€478,708
Largest movements
Assets
- Current investments -€1.5m
no longer reported in 2025 (was €1.5m)
- Financial fixed assets +€654,899
up €654,899 (+667%), from €98,150 to €753,049
- Cash +€571,811
up €571,811 (+108%), from €527,592 to €1.1m
mainly Current investments (+€1.5m) and Net result for the year (+€685,457)
- Receivables within one year +€421,651
up €421,651 (+21.3%), from €2.0m to €2.4m
of which Other amounts receivable: +€388,659
- Stocks and contracts +€148,939
up €148,939 (+23.8%), from €625,579 to €774,518
Equity and liabilities
- Profit (loss) carried forward +€685,457
up €685,457 (+40.5%), from €1.7m to €2.4m
- Advances received -€369,801
down €369,801 (-13.0%), from €2.8m to €2.5m
- Trade debts +€157,245
up €157,245 (+23.8%), from €659,422 to €816,667
- Provisions -€115,000
no longer reported in 2025 (was €115,000)
- Other debts +€99,857
up €99,857 (+1,247%), from €8,005 to €107,862
Income statement
- Other operating charges +€160,232
up €160,232 (+355%), from €45,162 to €205,394
- Provisions -€115,000
new in 2025: -€115,000
- Gross operating margin +€69,272
up €69,272 (+4.1%), from €1.7m to €1.8m
- Depreciation +€62,960
up €62,960 (+259%), from €24,310 to €87,270
- Financial income -€36,070
down €36,070 (-56.0%), from €64,444 to €28,374
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€773,908
Gross operating margin
+€69,272
Staff costs
-€30,303
Depreciation
-€62,960
Write-downs
+€3,855
Provisions
+€115,000
Other operating charges
-€160,232
Other operating items
+€50
Financial income
-€36,070
Financial charges
-€18,829
Taxes
+€31,766
Result 2025
€685,457
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€143,865
Investment
+€643,472
Financing
+€72,204
Cash 2024
€527,592
From operations (derived)
-€143,865
Net result for the year
+€685,457
Depreciation
+€87,270
Stocks and contracts
-€148,939
Receivables within one year
-€421,651
Deferred charges and accrued income
-€67,049
Provisions
-€115,000
Trade debts
+€157,245
Tax, wage and social debts
+€20,171
Advances received
-€369,801
Other debts
+€99,857
Accrued charges and deferred income
-€71,425
Investment (derived)
+€643,472
Investment in fixed assets (net)
-€879,947
Current investments
+€1.5m
Financing
+€72,204
Debts after one year
-€5,927
Current portion of long-term debt
-€5,913
Short-term financial debts
+€84,044
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,687,420 | €6,166,129 | +€478,708 | +8.4% |
| Fixed assets | 21/28 | €498,216 | €1,290,894 | +€792,677 | +159% |
| Intangible fixed assets | 21 | €60,081 | €133,321 | +€73,240 | +122% |
| Tangible fixed assets | 22/27 | €339,985 | €404,523 | +€64,539 | +19.0% |
| Plant, machinery and equipment | 23 | €31,571 | €30,855 | -€716 | -2.3% |
| Furniture and vehicles | 24 | €32,488 | €33,612 | +€1,124 | +3.5% |
| Other tangible fixed assets | 26 | €275,926 | €340,056 | +€64,131 | +23.2% |
| Financial fixed assets | 28 | €98,150 | €753,049 | +€654,899 | +667% |
| Current assets | 29/58 | €5,189,204 | €4,875,235 | -€313,969 | -6.1% |
| Amounts receivable after more than one year | 29 | €410,000 | €410,000 | = | 0.0% |
| Other amounts receivable | 291 | €410,000 | €410,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €625,579 | €774,518 | +€148,939 | +23.8% |
| Stocks | 30/36 | €625,579 | €774,518 | +€148,939 | +23.8% |
| Amounts receivable within one year | 40/41 | €1,981,677 | €2,403,328 | +€421,651 | +21.3% |
| Trade receivables | 40 | €1,628,332 | €1,661,325 | +€32,993 | +2.0% |
| Other amounts receivable | 41 | €353,344 | €742,003 | +€388,659 | +110% |
| Current investments | 50/53 | €1,523,419 | - | -€1.5m | |
| Cash at bank and in hand | 54/58 | €527,592 | €1,099,403 | +€571,811 | +108% |
| Deferred charges and accrued income | 490/1 | €120,937 | €187,986 | +€67,049 | +55.4% |
| Total equity and liabilities | 10/49 | €5,687,420 | €6,166,129 | +€478,708 | +8.4% |
| Equity | 10/15 | €1,704,983 | €2,390,441 | +€685,457 | +40.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,693,123 | €2,378,581 | +€685,457 | +40.5% |
| Provisions and deferred taxes | 16 | €115,000 | - | -€115,000 | |
| Provisions for liabilities and charges | 160/5 | €115,000 | - | -€115,000 | |
| Environmental obligations | 163 | €115,000 | - | -€115,000 | |
| Amounts payable | 17/49 | €3,867,437 | €3,775,688 | -€91,749 | -2.4% |
| Amounts payable after more than one year | 17 | €10,012 | €4,085 | -€5,927 | -59.2% |
| Financial debts | 170/4 | €10,012 | €4,085 | -€5,927 | -59.2% |
| Amounts payable within one year | 42/48 | €3,649,751 | €3,635,354 | -€14,397 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €11,840 | €5,927 | -€5,913 | -49.9% |
| Financial debts | 43 | - | €84,044 | +€84,044 | |
| Credit institutions | 430/8 | - | €84,044 | +€84,044 | |
| Trade debts | 44 | €659,422 | €816,667 | +€157,245 | +23.8% |
| Suppliers | 440/4 | €659,422 | €816,667 | +€157,245 | +23.8% |
| Advances received on contracts in progress | 46 | €2,840,447 | €2,470,646 | -€369,801 | -13.0% |
| Taxes, remuneration and social security | 45 | €130,038 | €150,209 | +€20,171 | +15.5% |
| Taxes | 450/3 | €45,741 | €63,115 | +€17,374 | +38.0% |
| Remuneration and social security | 454/9 | €84,297 | €87,094 | +€2,797 | +3.3% |
| Other amounts payable | 47/48 | €8,005 | €107,862 | +€99,857 | +1,247% |
| Accrued charges and deferred income | 492/3 | €207,674 | €136,249 | -€71,425 | -34.4% |
| Non-recurring operating income | 76A | - | €12,799 | +€12,799 | |
| Remuneration, social security and pensions | 62 | €620,490 | €650,794 | +€30,303 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,310 | €87,270 | +€62,960 | +259% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,855 | -€3,855 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€115,000 | -€115,000 | |
| Other operating charges | 640/8 | €45,162 | €205,394 | +€160,232 | +355% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €1,709,219 | €1,778,491 | +€69,272 | +4.1% |
| Operating profit (loss) | 9901 | €1,019,207 | €953,889 | -€65,318 | -6.4% |
| Financial income | 75/76B | €64,444 | €28,374 | -€36,070 | -56.0% |
| Recurring financial income | 75 | €64,444 | €28,374 | -€36,070 | -56.0% |
| Financial charges | 65/66B | €20,134 | €38,964 | +€18,829 | +93.5% |
| Recurring financial charges | 65 | €20,134 | €38,964 | +€18,829 | +93.5% |
| Profit (loss) for the period before taxes | 9903 | €1,063,516 | €943,299 | -€120,217 | -11.3% |
| Income taxes | 67/77 | €289,608 | €257,842 | -€31,766 | -11.0% |
| Profit (loss) for the period | 9904 | €773,908 | €685,457 | -€88,451 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €773,908 | €685,457 | -€88,451 | -11.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.