KJIP CREATION: 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.
KJIP CREATION
Largest movements
- Receivables within one year -€14,100
down €14,100 (-85.3%), from €16,521 to €2,421
of which Other amounts receivable: -€13,783
- Cash +€1,868
up €1,868 (+269%), from €694 to €2,562
mainly Receivables within one year (+€14,100) and Depreciation (+€1,085)
- Tangible fixed assets -€1,085
down €1,085 (-88.0%), from €1,234 to €149
- Stocks and contracts -€550
down €550 (-55.0%), from €1,000 to €450
- Reserves -€10,994
down €10,994 (-20.0%), from €55,106 to €44,112
- Profit (loss) carried forward -€2,469
down €2,469 (-6.3%), from -€38,936 to -€41,405
- Trade debts -€412
down €412 (-35.9%), from €1,146 to €735
- Gross operating margin +€13,034
up €13,034 (+94.4%), from -€13,808 to -€775
- Depreciation -€4,192
down €4,192 (-79.4%), from €5,276 to €1,085
- Financial income -€978
down €978 (-68.4%), from €1,430 to €453
- Other operating charges +€486
up €486 (+125%), from €387 to €873
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 | €19,448 | €5,581 | -€13,867 | -71.3% |
| Fixed assets | 21/28 | €1,234 | €149 | -€1,085 | -88.0% |
| Tangible fixed assets | 22/27 | €1,234 | €149 | -€1,085 | -88.0% |
| Furniture and vehicles | 24 | €1,234 | €149 | -€1,085 | -88.0% |
| Current assets | 29/58 | €18,214 | €5,432 | -€12,782 | -70.2% |
| Stocks and contracts in progress | 3 | €1,000 | €450 | -€550 | -55.0% |
| Stocks | 30/36 | €1,000 | €450 | -€550 | -55.0% |
| Amounts receivable within one year | 40/41 | €16,521 | €2,421 | -€14,100 | -85.3% |
| Trade receivables | 40 | €1,146 | €830 | -€316 | -27.6% |
| Other amounts receivable | 41 | €15,374 | €1,591 | -€13,783 | -89.7% |
| Cash at bank and in hand | 54/58 | €694 | €2,562 | +€1,868 | +269% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €19,448 | €5,581 | -€13,867 | -71.3% |
| Equity | 10/15 | €18,170 | €4,707 | -€13,463 | -74.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,106 | €44,112 | -€10,994 | -20.0% |
| Distributable reserves | 133 | €55,106 | €44,112 | -€10,994 | -20.0% |
| Profit (loss) carried forward | 14 | -€38,936 | -€41,405 | -€2,469 | -6.3% |
| Amounts payable | 17/49 | €1,278 | €874 | -€404 | -31.6% |
| Amounts payable within one year | 42/48 | €1,278 | €874 | -€404 | -31.6% |
| Trade debts | 44 | €1,146 | €735 | -€412 | -35.9% |
| Suppliers | 440/4 | €1,146 | €735 | -€412 | -35.9% |
| Taxes, remuneration and social security | 45 | €132 | €140 | +€8 | +6.1% |
| Taxes | 450/3 | €132 | €140 | +€8 | +6.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,276 | €1,085 | -€4,192 | -79.4% |
| Other operating charges | 640/8 | €387 | €873 | +€486 | +125% |
| Gross operating margin | 9900 | -€13,808 | -€775 | +€13,034 | +94.4% |
| Operating profit (loss) | 9901 | -€19,472 | -€2,733 | +€16,739 | +86.0% |
| Financial income | 75/76B | €1,430 | €453 | -€978 | -68.4% |
| Recurring financial income | 75 | €1,430 | €453 | -€978 | -68.4% |
| Financial charges | 65/66B | €56 | €49 | -€7 | -12.7% |
| Recurring financial charges | 65 | €56 | €49 | -€7 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,098 | -€2,330 | +€15,769 | +87.1% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€18,230 | -€2,469 | +€15,761 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,230 | -€2,469 | +€15,761 | +86.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.