KJF Isol: 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.
KJF Isol
Largest movements
- Tangible fixed assets +€65,257
up €65,257 (+45.3%), from €144,017 to €209,274
of which Furniture and vehicles: +€62,737
- Receivables within one year -€32,038
down €32,038 (-39.4%), from €81,269 to €49,231
of which Trade receivables: -€29,903
- Cash -€4,626
down €4,626 (-39.9%), from €11,604 to €6,977
mainly Investment in fixed assets (net) (-€130,544) and Net result for the year (-€46,370)
- Debts after one year +€50,529
up €50,529 (+90.5%), from €55,822 to €106,351
- Profit (loss) carried forward -€35,075
new in 2025: -€35,075
- Current portion of long-term debt +€27,466
up €27,466 (+152%), from €18,091 to €45,557
- Tax, wage and social debts +€19,350
up €19,350 (+356%), from €5,435 to €24,784
of which Remuneration and social security: +€19,576
- Trade debts -€12,689
down €12,689 (-21.1%), from €60,227 to €47,538
- Staff costs +€104,501
up €104,501 (+53.6%), from €194,798 to €299,298
- Gross operating margin +€93,516
up €93,516 (+38.5%), from €242,639 to €336,155
- Depreciation +€33,982
up €33,982 (+109%), from €31,170 to €65,152
- Other operating charges +€8,907
up €8,907 (+743%), from €1,199 to €10,107
- Financial charges +€5,011
up €5,011 (+169%), from €2,971 to €7,982
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 | €242,871 | €270,156 | +€27,285 | +11.2% |
| Fixed assets | 21/28 | €144,380 | €209,772 | +€65,392 | +45.3% |
| Tangible fixed assets | 22/27 | €144,017 | €209,274 | +€65,257 | +45.3% |
| Plant, machinery and equipment | 23 | €66,843 | €54,279 | -€12,564 | -18.8% |
| Furniture and vehicles | 24 | €22,134 | €84,871 | +€62,737 | +283% |
| Leasing and similar rights | 25 | €55,040 | €70,124 | +€15,083 | +27.4% |
| Financial fixed assets | 28 | €363 | €498 | +€135 | +37.2% |
| Current assets | 29/58 | €98,491 | €60,384 | -€38,107 | -38.7% |
| Stocks and contracts in progress | 3 | €1,740 | - | -€1,740 | |
| Stocks | 30/36 | €1,740 | - | -€1,740 | |
| Amounts receivable within one year | 40/41 | €81,269 | €49,231 | -€32,038 | -39.4% |
| Trade receivables | 40 | €53,158 | €23,254 | -€29,903 | -56.3% |
| Other amounts receivable | 41 | €28,111 | €25,977 | -€2,134 | -7.6% |
| Cash at bank and in hand | 54/58 | €11,604 | €6,977 | -€4,626 | -39.9% |
| Deferred charges and accrued income | 490/1 | €3,878 | €4,175 | +€297 | +7.7% |
| Total equity and liabilities | 10/49 | €242,871 | €270,156 | +€27,285 | +11.2% |
| Equity | 10/15 | €26,296 | -€20,075 | -€46,370 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €11,296 | - | -€11,296 | |
| Distributable reserves | 133 | €11,296 | - | -€11,296 | |
| Profit (loss) carried forward | 14 | - | -€35,075 | -€35,075 | |
| Amounts payable | 17/49 | €216,575 | €290,230 | +€73,655 | +34.0% |
| Amounts payable after more than one year | 17 | €55,822 | €106,351 | +€50,529 | +90.5% |
| Financial debts | 170/4 | €55,822 | €106,351 | +€50,529 | +90.5% |
| Amounts payable within one year | 42/48 | €160,753 | €183,879 | +€23,126 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €18,091 | €45,557 | +€27,466 | +152% |
| Trade debts | 44 | €60,227 | €47,538 | -€12,689 | -21.1% |
| Suppliers | 440/4 | €60,227 | €47,538 | -€12,689 | -21.1% |
| Taxes, remuneration and social security | 45 | €5,435 | €24,784 | +€19,350 | +356% |
| Taxes | 450/3 | €4,997 | €4,771 | -€227 | -4.5% |
| Remuneration and social security | 454/9 | €437 | €20,013 | +€19,576 | +4,479% |
| Other amounts payable | 47/48 | €77,000 | €66,000 | -€11,000 | -14.3% |
| Remuneration, social security and pensions | 62 | €194,798 | €299,298 | +€104,501 | +53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,170 | €65,152 | +€33,982 | +109% |
| Other operating charges | 640/8 | €1,199 | €10,107 | +€8,907 | +743% |
| Gross operating margin | 9900 | €242,639 | €336,155 | +€93,516 | +38.5% |
| Operating profit (loss) | 9901 | €15,472 | -€38,402 | -€53,874 | |
| Financial income | 75/76B | €218 | €124 | -€94 | -43.0% |
| Recurring financial income | 75 | €218 | €124 | -€94 | -43.0% |
| Financial charges | 65/66B | €2,971 | €7,982 | +€5,011 | +169% |
| Recurring financial charges | 65 | €2,971 | €7,982 | +€5,011 | +169% |
| Profit (loss) for the period before taxes | 9903 | €12,719 | -€46,259 | -€58,979 | |
| Income taxes | 67/77 | €1,424 | €111 | -€1,313 | -92.2% |
| Profit (loss) for the period | 9904 | €11,296 | -€46,370 | -€57,666 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,296 | -€46,370 | -€57,666 |
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 16 October 2026 via checked.be.