KJELD DE WIT: what changed
Two fiscal 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.
KJELD DE WIT
Largest movements
- Tangible fixed assets +€31,325
up €31,325 (+169.9%), from €18,441 to €49,766
of which Furniture and vehicles: +€26,843
- Cash -€25,761
down €25,761 (-74.7%), from €34,488 to €8,728
mainly Investment in fixed assets (net) (-€40,991) and Trade debts (-€18,542)
- Stocks and contracts +€17,599
up €17,599 (+6.3%), from €280,242 to €297,841
of which Stocks: +€17,599
- Reserves +€24,698
up €24,698 (+30.3%), from €81,389 to €106,087
of which Distributable reserves: +€24,698
- Trade debts -€18,542
down €18,542 (-75.6%), from €24,518 to €5,975
- Other debts -€13,950
down €13,950 (-96.0%), from €14,528 to €579
- Current portion of long-term debt +€10,660
up €10,660 (+6.0%), from €178,401 to €189,061
- Tax, wage and social debts +€9,866
up €9,866 (+43.8%), from €22,549 to €32,415
- Gross operating margin +€16,207
up €16,207 (+30.2%), from €53,708 to €69,915
- Depreciation +€6,353
up €6,353 (+191.7%), from €3,314 to €9,666
- Taxes +€4,216
up €4,216 (+36.7%), from €11,483 to €15,699
- Financial charges +€2,805
up €2,805 (+22.4%), from €12,533 to €15,339
- Other operating charges +€756
up €756 (+20.1%), from €3,760 to €4,516
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.
Cash bridge derived
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 | €354,743 | €376,911 | +€22,169 | +6.2% |
| Fixed assets | 21/28 | €18,441 | €49,766 | +€31,325 | +169.9% |
| Tangible fixed assets | 22/27 | €18,441 | €49,766 | +€31,325 | +169.9% |
| Plant, machinery and equipment | 23 | €18,441 | €22,924 | +€4,482 | +24.3% |
| Furniture and vehicles | 24 | - | €26,843 | +€26,843 | |
| Current assets | 29/58 | €336,301 | €327,145 | -€9,157 | -2.7% |
| Stocks and contracts in progress | 3 | €280,242 | €297,841 | +€17,599 | +6.3% |
| Stocks | 30/36 | €280,242 | €297,841 | +€17,599 | +6.3% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €18,177 | €17,645 | -€532 | -2.9% |
| Trade receivables | 40 | €18,177 | €15,774 | -€2,403 | -13.2% |
| Other amounts receivable | 41 | - | €1,871 | +€1,871 | |
| Cash at bank and in hand | 54/58 | €34,488 | €8,728 | -€25,761 | -74.7% |
| Deferred charges and accrued income | 490/1 | €3,395 | €2,931 | -€463 | -13.7% |
| Total equity and liabilities | 10/49 | €354,743 | €376,911 | +€22,169 | +6.2% |
| Equity | 10/15 | €99,989 | €124,687 | +€24,698 | +24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,389 | €106,087 | +€24,698 | +30.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €79,529 | €104,227 | +€24,698 | +31.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €254,753 | €252,225 | -€2,529 | -1.0% |
| Amounts payable after more than one year | 17 | €14,471 | €24,195 | +€9,724 | +67.2% |
| Financial debts | 170/4 | €14,471 | €24,195 | +€9,724 | +67.2% |
| Amounts payable within one year | 42/48 | €239,997 | €228,030 | -€11,967 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €178,401 | €189,061 | +€10,660 | +6.0% |
| Trade debts | 44 | €24,518 | €5,975 | -€18,542 | -75.6% |
| Suppliers | 440/4 | €24,518 | €5,975 | -€18,542 | -75.6% |
| Taxes, remuneration and social security | 45 | €22,549 | €32,415 | +€9,866 | +43.8% |
| Taxes | 450/3 | €22,549 | €32,415 | +€9,866 | +43.8% |
| Other amounts payable | 47/48 | €14,528 | €579 | -€13,950 | -96.0% |
| Accrued charges and deferred income | 492/3 | €286 | €0 | -€286 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,314 | €9,666 | +€6,353 | +191.7% |
| Other operating charges | 640/8 | €3,760 | €4,516 | +€756 | +20.1% |
| Gross operating margin | 9900 | €53,708 | €69,915 | +€16,207 | +30.2% |
| Operating profit (loss) | 9901 | €46,634 | €55,733 | +€9,099 | +19.5% |
| Financial income | 75/76B | €0 | €2 | +€1 | +887.5% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +887.5% |
| Financial charges | 65/66B | €12,533 | €15,339 | +€2,805 | +22.4% |
| Recurring financial charges | 65 | €12,533 | €15,339 | +€2,805 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €34,101 | €40,396 | +€6,295 | +18.5% |
| Income taxes | 67/77 | €11,483 | €15,699 | +€4,216 | +36.7% |
| Profit (loss) for the period | 9904 | €22,618 | €24,698 | +€2,079 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,618 | €24,698 | +€2,079 | +9.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.