KJEFIMAR: 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.
KJEFIMAR
Largest movements
- Tangible fixed assets -€14,224
down €14,224 (-3.6%), from €398,837 to €384,612
of which Land and buildings: -€13,711
- Cash +€6,815
up €6,815 (+11.2%), from €61,102 to €67,917
mainly Depreciation (+€14,224) and Receivables within one year (+€965)
- Profit (loss) carried forward -€9,198
down €9,198 (-4.8%), from -€190,187 to -€199,385
- Gross operating margin -€6,525
down €6,525 (-16.5%), from €39,514 to €32,989
- Other operating charges +€2,636
up €2,636 (+28.6%), from €9,206 to €11,842
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 | €471,025 | €462,650 | -€8,375 | -1.8% |
| Fixed assets | 21/28 | €398,837 | €384,612 | -€14,224 | -3.6% |
| Tangible fixed assets | 22/27 | €398,837 | €384,612 | -€14,224 | -3.6% |
| Land and buildings | 22 | €396,914 | €383,203 | -€13,711 | -3.5% |
| Furniture and vehicles | 24 | €1,923 | €1,410 | -€513 | -26.7% |
| Current assets | 29/58 | €72,188 | €78,038 | +€5,849 | +8.1% |
| Amounts receivable within one year | 40/41 | €11,086 | €10,120 | -€965 | -8.7% |
| Trade receivables | 40 | €11,086 | €10,120 | -€965 | -8.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €61,102 | €67,917 | +€6,815 | +11.2% |
| Total equity and liabilities | 10/49 | €471,025 | €462,650 | -€8,375 | -1.8% |
| Equity | 10/15 | €131,485 | €122,287 | -€9,198 | -7.0% |
| Contributions | 10/11 | €321,672 | €321,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,187 | -€199,385 | -€9,198 | -4.8% |
| Amounts payable | 17/49 | €339,540 | €340,364 | +€823 | +0.2% |
| Amounts payable after more than one year | 17 | €321,563 | €321,563 | = | 0.0% |
| Financial debts | 170/4 | €321,563 | €321,563 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,899 | €2,723 | +€824 | +43.4% |
| Trade debts | 44 | €685 | €1,577 | +€892 | +130% |
| Suppliers | 440/4 | €685 | €1,577 | +€892 | +130% |
| Taxes, remuneration and social security | 45 | €1,214 | €1,146 | -€68 | -5.6% |
| Taxes | 450/3 | €1,214 | €1,146 | -€68 | -5.6% |
| Accrued charges and deferred income | 492/3 | €16,078 | €16,078 | -€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,224 | €14,224 | = | 0.0% |
| Other operating charges | 640/8 | €9,206 | €11,842 | +€2,636 | +28.6% |
| Gross operating margin | 9900 | €39,514 | €32,989 | -€6,525 | -16.5% |
| Operating profit (loss) | 9901 | €16,083 | €6,922 | -€9,161 | -57.0% |
| Financial charges | 65/66B | €16,120 | €16,120 | = | 0.0% |
| Recurring financial charges | 65 | €16,120 | €16,120 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€37 | -€9,198 | -€9,161 | -24,687% |
| Profit (loss) for the period | 9904 | -€37 | -€9,198 | -€9,161 | -24,687% |
| Profit (loss) for the period to be appropriated | 9905 | -€37 | -€9,198 | -€9,161 | -24,687% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.