KJ Pools: 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 Pools
Largest movements
- Tangible fixed assets -€8,009
down €8,009 (-43.5%), from €18,419 to €10,410
of which Leasing and similar rights: -€8,189
- Receivables within one year +€7,710
up €7,710 (+14.8%), from €52,040 to €59,751
of which Trade receivables: +€7,276
- Deferred charges and accrued income +€3,317
up €3,317 (+267%), from €1,242 to €4,559
- Cash +€2,566
up €2,566 (+16,119%), from €16 to €2,582
mainly Depreciation (+€14,691) and Other debts (+€11,433)
- Stocks and contracts +€2,525
up €2,525 (+77.0%), from €3,280 to €5,805
- Other debts +€11,433
up €11,433 (+14,291%), from €80 to €11,513
- Tax, wage and social debts +€8,108
up €8,108 (+195%), from €4,153 to €12,261
of which Taxes: +€8,094
- Current portion of long-term debt -€7,950
no longer reported in 2025 (was €7,950)
- Trade debts +€7,779
up €7,779 (+37.9%), from €20,504 to €28,283
- Reserves -€7,681
down €7,681 (-10.0%), from €76,943 to €69,262
- Gross operating margin -€3,429
down €3,429 (-12.5%), from €27,453 to €24,024
- Depreciation -€1,218
down €1,218 (-7.7%), from €15,909 to €14,691
- Taxes +€293
up €293 (+27.6%), from €1,062 to €1,354
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 | €113,847 | €121,957 | +€8,110 | +7.1% |
| Fixed assets | 21/28 | €19,499 | €11,490 | -€8,009 | -41.1% |
| Tangible fixed assets | 22/27 | €18,419 | €10,410 | -€8,009 | -43.5% |
| Plant, machinery and equipment | 23 | €1,738 | €360 | -€1,378 | -79.3% |
| Furniture and vehicles | 24 | €8,492 | €10,050 | +€1,558 | +18.3% |
| Leasing and similar rights | 25 | €8,189 | - | -€8,189 | |
| Financial fixed assets | 28 | €1,080 | €1,080 | = | 0.0% |
| Current assets | 29/58 | €94,348 | €110,467 | +€16,119 | +17.1% |
| Amounts receivable after more than one year | 29 | €37,770 | €37,770 | = | 0.0% |
| Other amounts receivable | 291 | €37,770 | €37,770 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,280 | €5,805 | +€2,525 | +77.0% |
| Stocks | 30/36 | €3,280 | €5,805 | +€2,525 | +77.0% |
| Amounts receivable within one year | 40/41 | €52,040 | €59,751 | +€7,710 | +14.8% |
| Trade receivables | 40 | €38,104 | €45,380 | +€7,276 | +19.1% |
| Other amounts receivable | 41 | €13,936 | €14,370 | +€434 | +3.1% |
| Cash at bank and in hand | 54/58 | €16 | €2,582 | +€2,566 | +16,119% |
| Deferred charges and accrued income | 490/1 | €1,242 | €4,559 | +€3,317 | +267% |
| Total equity and liabilities | 10/49 | €113,847 | €121,957 | +€8,110 | +7.1% |
| Equity | 10/15 | €77,493 | €69,812 | -€7,681 | -9.9% |
| Contributions | 10/11 | €550 | €550 | = | 0.0% |
| Reserves | 13 | €76,943 | €69,262 | -€7,681 | -10.0% |
| Distributable reserves | 133 | €76,943 | €69,262 | -€7,681 | -10.0% |
| Amounts payable | 17/49 | €36,354 | €52,145 | +€15,791 | +43.4% |
| Amounts payable within one year | 42/48 | €35,541 | €52,057 | +€16,516 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | €7,950 | - | -€7,950 | |
| Financial debts | 43 | €2,854 | - | -€2,854 | |
| Credit institutions | 430/8 | €2,854 | - | -€2,854 | |
| Trade debts | 44 | €20,504 | €28,283 | +€7,779 | +37.9% |
| Suppliers | 440/4 | €20,504 | €28,283 | +€7,779 | +37.9% |
| Taxes, remuneration and social security | 45 | €4,153 | €12,261 | +€8,108 | +195% |
| Taxes | 450/3 | €2,345 | €10,439 | +€8,094 | +345% |
| Remuneration and social security | 454/9 | €1,808 | €1,822 | +€14 | +0.8% |
| Other amounts payable | 47/48 | €80 | €11,513 | +€11,433 | +14,291% |
| Accrued charges and deferred income | 492/3 | €813 | €87 | -€725 | -89.3% |
| Non-recurring operating income | 76A | €11,046 | €17,815 | +€6,768 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,909 | €14,691 | -€1,218 | -7.7% |
| Other operating charges | 640/8 | €1,650 | €1,423 | -€226 | -13.7% |
| Gross operating margin | 9900 | €27,453 | €24,024 | -€3,429 | -12.5% |
| Operating profit (loss) | 9901 | €9,895 | €7,910 | -€1,985 | -20.1% |
| Financial income | 75/76B | €2,405 | €2,537 | +€132 | +5.5% |
| Recurring financial income | 75 | €2,405 | €2,537 | +€132 | +5.5% |
| Financial charges | 65/66B | €620 | €439 | -€181 | -29.1% |
| Recurring financial charges | 65 | €620 | €439 | -€181 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €11,679 | €10,007 | -€1,672 | -14.3% |
| Income taxes | 67/77 | €1,062 | €1,354 | +€293 | +27.6% |
| Profit (loss) for the period | 9904 | €10,617 | €8,652 | -€1,965 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,617 | €8,652 | -€1,965 | -18.5% |
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 23 October 2026 via checked.be.