KJ CONCEPT: 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.
KJ CONCEPT
Largest movements
- Receivables after one year +€57,469
new in 2025: €57,469
- Receivables within one year -€41,221
down €41,221 (-45.8%), from €90,088 to €48,867
of which Trade receivables: -€45,477
- Other debts +€9,194
up €9,194 (+52.4%), from €17,549 to €26,743
- Trade debts +€3,570
up €3,570 (+260%), from €1,371 to €4,941
- Profit (loss) carried forward +€3,391
up €3,391 (+18.0%), from €18,856 to €22,247
- Staff costs +€41,415
up €41,415 (+54.5%), from €76,058 to €117,473
- Turnover +€37,781
up €37,781 (+31.7%), from €119,195 to €156,976
- Gross operating margin +€25,657
up €25,657 (+26.3%), from €97,449 to €123,106
- Purchases and services +€5,856
up €5,856 (+16.2%), from €36,192 to €42,048
- Taxes -€2,613
down €2,613 (-55.2%), from €4,736 to €2,123
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.
Derived cash bridge
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 | €90,179 | €106,417 | +€16,238 | +18.0% |
| Current assets | 29/58 | €90,179 | €106,417 | +€16,238 | +18.0% |
| Amounts receivable after more than one year | 29 | - | €57,469 | +€57,469 | |
| Other amounts receivable | 291 | - | €57,469 | +€57,469 | |
| Amounts receivable within one year | 40/41 | €90,088 | €48,867 | -€41,221 | -45.8% |
| Trade receivables | 40 | €45,477 | - | -€45,477 | |
| Other amounts receivable | 41 | €44,611 | €48,867 | +€4,256 | +9.5% |
| Cash at bank and in hand | 54/58 | €91 | €81 | -€10 | -11.0% |
| Total equity and liabilities | 10/49 | €90,179 | €106,417 | +€16,238 | +18.0% |
| Equity | 10/15 | €39,316 | €42,707 | +€3,391 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,856 | €22,247 | +€3,391 | +18.0% |
| Amounts payable | 17/49 | €50,863 | €63,710 | +€12,847 | +25.3% |
| Amounts payable within one year | 42/48 | €50,863 | €63,710 | +€12,847 | +25.3% |
| Trade debts | 44 | €1,371 | €4,941 | +€3,570 | +260% |
| Suppliers | 440/4 | €1,371 | €4,941 | +€3,570 | +260% |
| Taxes, remuneration and social security | 45 | €31,943 | €32,026 | +€83 | +0.3% |
| Taxes | 450/3 | €21,229 | €18,301 | -€2,928 | -13.8% |
| Remuneration and social security | 454/9 | €10,714 | €13,725 | +€3,011 | +28.1% |
| Other amounts payable | 47/48 | €17,549 | €26,743 | +€9,194 | +52.4% |
| Turnover | 70 | €119,195 | €156,976 | +€37,781 | +31.7% |
| Non-recurring operating income | 76A | €14,446 | €8,178 | -€6,268 | -43.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,192 | €42,048 | +€5,856 | +16.2% |
| Remuneration, social security and pensions | 62 | €76,058 | €117,473 | +€41,415 | +54.5% |
| Other operating charges | 640/8 | - | €1,088 | +€1,088 | |
| Gross operating margin | 9900 | €97,449 | €123,106 | +€25,657 | +26.3% |
| Operating profit (loss) | 9901 | €21,391 | €4,545 | -€16,846 | -78.8% |
| Financial income | 75/76B | €268 | €2,402 | +€2,134 | +796% |
| Recurring financial income | 75 | €268 | €2,402 | +€2,134 | +796% |
| Financial charges | 65/66B | €581 | €1,433 | +€852 | +147% |
| Recurring financial charges | 65 | €581 | €1,433 | +€852 | +147% |
| Profit (loss) for the period before taxes | 9903 | €21,078 | €5,514 | -€15,564 | -73.8% |
| Income taxes | 67/77 | €4,736 | €2,123 | -€2,613 | -55.2% |
| Profit (loss) for the period | 9904 | €16,342 | €3,391 | -€12,951 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,342 | €3,391 | -€12,951 | -79.2% |
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 13 October 2026 via checked.be.