KJEL BV: 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.
KJEL BV
Largest movements
- Cash +€16,176
up €16,176 (+33.5%), from €48,288 to €64,464
mainly Trade debts (+€46,053) and Net result for the year (+€6,578)
- Receivables within one year +€12,198
up €12,198 (+24.2%), from €50,464 to €62,662
of which Other amounts receivable: +€26,834
- Current investments +€2,250
up €2,250 (+29.9%), from €7,529 to €9,778
- Deferred charges and accrued income +€2,211
up €2,211 (+25.9%), from €8,534 to €10,745
- Tangible fixed assets +€2,091
up €2,091 (+12.8%), from €16,382 to €18,473
of which Other tangible fixed assets: +€5,546
- Trade debts +€46,053
up €46,053 (+344%), from €13,380 to €59,433
- Tax, wage and social debts -€12,510
down €12,510 (-45.5%), from €27,482 to €14,972
- Profit (loss) carried forward +€6,578
up €6,578 (+6.5%), from €101,054 to €107,631
- Debts after one year -€3,535
down €3,535 (-100%), from €3,535 to €0
- Other debts +€2,198
up €2,198 (+2,991%), from €73 to €2,271
- Gross operating margin -€14,822
down €14,822 (-36.9%), from €40,190 to €25,368
- Taxes -€4,034
down €4,034 (-53.6%), from €7,520 to €3,486
- Financial charges +€2,489
up €2,489 (+324%), from €769 to €3,257
- Depreciation +€1,965
up €1,965 (+44.6%), from €4,403 to €6,368
- Other operating charges +€1,250
up €1,250 (+63.2%), from €1,979 to €3,229
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 | €154,927 | €191,842 | +€36,915 | +23.8% |
| Fixed assets | 21/28 | €21,882 | €25,962 | +€4,081 | +18.6% |
| Tangible fixed assets | 22/27 | €16,382 | €18,473 | +€2,091 | +12.8% |
| Plant, machinery and equipment | 23 | €3,335 | €2,056 | -€1,279 | -38.4% |
| Furniture and vehicles | 24 | €11,776 | €9,601 | -€2,175 | -18.5% |
| Other tangible fixed assets | 26 | €1,271 | €6,816 | +€5,546 | +436% |
| Financial fixed assets | 28 | €5,500 | €7,489 | +€1,989 | +36.2% |
| Current assets | 29/58 | €133,046 | €165,880 | +€32,835 | +24.7% |
| Amounts receivable after more than one year | 29 | €18,231 | €18,231 | = | 0.0% |
| Other amounts receivable | 291 | €18,231 | €18,231 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,464 | €62,662 | +€12,198 | +24.2% |
| Trade receivables | 40 | €50,464 | €35,828 | -€14,636 | -29.0% |
| Other amounts receivable | 41 | €0 | €26,834 | +€26,834 | |
| Current investments | 50/53 | €7,529 | €9,778 | +€2,250 | +29.9% |
| Cash at bank and in hand | 54/58 | €48,288 | €64,464 | +€16,176 | +33.5% |
| Deferred charges and accrued income | 490/1 | €8,534 | €10,745 | +€2,211 | +25.9% |
| Total equity and liabilities | 10/49 | €154,927 | €191,842 | +€36,915 | +23.8% |
| Equity | 10/15 | €105,054 | €111,631 | +€6,578 | +6.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,054 | €107,631 | +€6,578 | +6.5% |
| Amounts payable | 17/49 | €49,874 | €80,211 | +€30,337 | +60.8% |
| Amounts payable after more than one year | 17 | €3,535 | €0 | -€3,535 | -100% |
| Financial debts | 170/4 | €3,535 | €0 | -€3,535 | -100% |
| Amounts payable within one year | 42/48 | €44,265 | €80,211 | +€35,946 | +81.2% |
| Current portion of amounts payable after more than one year | 42 | €3,330 | €3,535 | +€205 | +6.2% |
| Trade debts | 44 | €13,380 | €59,433 | +€46,053 | +344% |
| Suppliers | 440/4 | €13,380 | €59,433 | +€46,053 | +344% |
| Taxes, remuneration and social security | 45 | €27,482 | €14,972 | -€12,510 | -45.5% |
| Taxes | 450/3 | €27,482 | €14,972 | -€12,510 | -45.5% |
| Other amounts payable | 47/48 | €73 | €2,271 | +€2,198 | +2,991% |
| Accrued charges and deferred income | 492/3 | €2,074 | €0 | -€2,074 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,403 | €6,368 | +€1,965 | +44.6% |
| Other operating charges | 640/8 | €1,979 | €3,229 | +€1,250 | +63.2% |
| Non-recurring operating charges | 66A | €0 | €3,000 | +€3,000 | |
| Gross operating margin | 9900 | €40,190 | €25,368 | -€14,822 | -36.9% |
| Operating profit (loss) | 9901 | €33,808 | €12,771 | -€21,037 | -62.2% |
| Financial income | 75/76B | €175 | €551 | +€376 | +215% |
| Recurring financial income | 75 | €175 | €551 | +€376 | +215% |
| Financial charges | 65/66B | €769 | €3,257 | +€2,489 | +324% |
| Recurring financial charges | 65 | €769 | €3,257 | +€2,489 | +324% |
| Profit (loss) for the period before taxes | 9903 | €33,214 | €10,064 | -€23,150 | -69.7% |
| Income taxes | 67/77 | €7,520 | €3,486 | -€4,034 | -53.6% |
| Profit (loss) for the period | 9904 | €25,693 | €6,578 | -€19,116 | -74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,693 | €6,578 | -€19,116 | -74.4% |
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 24 October 2026 via checked.be.