KJ ELECTRO: 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 ELECTRO
Largest movements
- Tangible fixed assets +€24,555
up €24,555 (+1,132%), from €2,168 to €26,723
of which Furniture and vehicles: +€23,989
- Deferred charges and accrued income -€1,072
no longer reported in 2025 (was €1,072)
- Cash -€857
down €857 (-11.5%), from €7,467 to €6,610
mainly Investment in fixed assets (net) (-€31,020) and Trade debts (-€3,978)
- Profit (loss) carried forward +€16,032
up €16,032 (+502%), from €3,196 to €19,228
- Debts after one year +€8,583
new in 2025: €8,583
- Trade debts -€3,978
no longer reported in 2025 (was €3,978)
- Current portion of long-term debt +€3,925
new in 2025: €3,925
- Other debts -€2,050
down €2,050 (-42.7%), from €4,806 to €2,755
- Gross operating margin +€16,716
up €16,716 (+465%), from €3,591 to €20,307
- Depreciation +€5,957
up €5,957 (+1,172%), from €508 to €6,466
- Taxes -€4,719
down €4,719, from €998 to -€3,721
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 | €21,037 | €43,396 | +€22,359 | +106% |
| Fixed assets | 21/28 | €2,168 | €26,723 | +€24,555 | +1,132% |
| Tangible fixed assets | 22/27 | €2,168 | €26,723 | +€24,555 | +1,132% |
| Plant, machinery and equipment | 23 | €785 | €1,350 | +€565 | +72.1% |
| Furniture and vehicles | 24 | €1,384 | €25,373 | +€23,989 | +1,734% |
| Current assets | 29/58 | €18,869 | €16,674 | -€2,195 | -11.6% |
| Amounts receivable within one year | 40/41 | €10,330 | €10,064 | -€266 | -2.6% |
| Trade receivables | 40 | €418 | €2,544 | +€2,126 | +509% |
| Other amounts receivable | 41 | €9,912 | €7,520 | -€2,392 | -24.1% |
| Cash at bank and in hand | 54/58 | €7,467 | €6,610 | -€857 | -11.5% |
| Deferred charges and accrued income | 490/1 | €1,072 | - | -€1,072 | |
| Total equity and liabilities | 10/49 | €21,037 | €43,396 | +€22,359 | +106% |
| Equity | 10/15 | €11,256 | €27,288 | +€16,032 | +142% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €3,196 | €19,228 | +€16,032 | +502% |
| Amounts payable | 17/49 | €9,781 | €16,108 | +€6,328 | +64.7% |
| Amounts payable after more than one year | 17 | - | €8,583 | +€8,583 | |
| Financial debts | 170/4 | - | €8,583 | +€8,583 | |
| Amounts payable within one year | 42/48 | €9,781 | €7,231 | -€2,550 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | - | €3,925 | +€3,925 | |
| Trade debts | 44 | €3,978 | - | -€3,978 | |
| Suppliers | 440/4 | €3,978 | - | -€3,978 | |
| Taxes, remuneration and social security | 45 | €998 | €550 | -€448 | -44.9% |
| Taxes | 450/3 | €998 | €550 | -€448 | -44.9% |
| Other amounts payable | 47/48 | €4,806 | €2,755 | -€2,050 | -42.7% |
| Accrued charges and deferred income | 492/3 | - | €295 | +€295 | |
| Non-recurring operating income | 76A | - | €5,121 | +€5,121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €508 | €6,466 | +€5,957 | +1,172% |
| Other operating charges | 640/8 | €149 | €127 | -€22 | -14.8% |
| Non-recurring operating charges | 66A | €116 | €718 | +€602 | +519% |
| Gross operating margin | 9900 | €3,591 | €20,307 | +€16,716 | +465% |
| Operating profit (loss) | 9901 | €2,818 | €12,996 | +€10,178 | +361% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €585 | €685 | +€101 | +17.2% |
| Recurring financial charges | 65 | €585 | €685 | +€101 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €2,283 | €12,311 | +€10,028 | +439% |
| Income taxes | 67/77 | €998 | -€3,721 | -€4,719 | |
| Profit (loss) for the period | 9904 | €1,285 | €16,032 | +€14,747 | +1,147% |
| Profit (loss) for the period to be appropriated | 9905 | €1,285 | €16,032 | +€14,747 | +1,147% |
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 15 October 2026 via checked.be.