KJUBE: 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.
KJUBE
Largest movements
- Cash +€110,939
up €110,939 (+104%), from €106,734 to €217,673
mainly Receivables within one year (+€101,824) and Depreciation (+€36,613)
- Receivables within one year -€101,824
down €101,824 (-58.4%), from €174,392 to €72,568
of which Trade receivables: -€87,943
- Tangible fixed assets -€33,713
down €33,713 (-28.8%), from €116,859 to €83,146
of which Furniture and vehicles: -€20,977
- Tax, wage and social debts -€19,807
down €19,807 (-100%), from €19,807 to €0
- Reserves -€14,631
down €14,631 (-4.6%), from €318,871 to €304,239
of which Distributable reserves: -€14,631
- Other debts +€6,356
up €6,356 (+13.6%), from €46,688 to €53,044
- Gross operating margin +€31,783
up €31,783 (+69.1%), from €45,969 to €77,752
- Taxes +€6,624
up €6,624 (+115%), from €5,756 to €12,379
- Depreciation +€6,542
up €6,542 (+21.8%), from €30,072 to €36,613
- Other operating charges -€4,029
down €4,029 (-68.6%), from €5,873 to €1,843
- Financial income -€1,653
down €1,653 (-66.2%), from €2,495 to €843
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,485 | €373,887 | -€24,598 | -6.2% |
| Fixed assets | 21/28 | €117,359 | €83,646 | -€33,713 | -28.7% |
| Tangible fixed assets | 22/27 | €116,859 | €83,146 | -€33,713 | -28.8% |
| Land and buildings | 22 | €37,500 | €22,500 | -€15,000 | -40.0% |
| Plant, machinery and equipment | 23 | €1,112 | €3,375 | +€2,263 | +204% |
| Furniture and vehicles | 24 | €78,247 | €57,270 | -€20,977 | -26.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €281,126 | €290,241 | +€9,115 | +3.2% |
| Amounts receivable within one year | 40/41 | €174,392 | €72,568 | -€101,824 | -58.4% |
| Trade receivables | 40 | €145,845 | €57,902 | -€87,943 | -60.3% |
| Other amounts receivable | 41 | €28,547 | €14,666 | -€13,881 | -48.6% |
| Cash at bank and in hand | 54/58 | €106,734 | €217,673 | +€110,939 | +104% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €398,485 | €373,887 | -€24,598 | -6.2% |
| Equity | 10/15 | €325,071 | €310,439 | -€14,631 | -4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €318,871 | €304,239 | -€14,631 | -4.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €318,871 | €304,239 | -€14,631 | -4.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,414 | €63,447 | -€9,967 | -13.6% |
| Amounts payable within one year | 42/48 | €73,414 | €63,447 | -€9,967 | -13.6% |
| Trade debts | 44 | €6,920 | €10,403 | +€3,483 | +50.3% |
| Suppliers | 440/4 | €6,920 | €10,403 | +€3,483 | +50.3% |
| Taxes, remuneration and social security | 45 | €19,807 | €0 | -€19,807 | -100% |
| Taxes | 450/3 | €19,807 | €0 | -€19,807 | -100% |
| Other amounts payable | 47/48 | €46,688 | €53,044 | +€6,356 | +13.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,072 | €36,613 | +€6,542 | +21.8% |
| Other operating charges | 640/8 | €5,873 | €1,843 | -€4,029 | -68.6% |
| Gross operating margin | 9900 | €45,969 | €77,752 | +€31,783 | +69.1% |
| Operating profit (loss) | 9901 | €10,025 | €39,296 | +€29,271 | +292% |
| Financial income | 75/76B | €2,495 | €843 | -€1,653 | -66.2% |
| Recurring financial income | 75 | €2,495 | €843 | -€1,653 | -66.2% |
| Financial charges | 65/66B | €238 | €199 | -€39 | -16.3% |
| Recurring financial charges | 65 | €238 | €199 | -€39 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €12,282 | €39,939 | +€27,657 | +225% |
| Income taxes | 67/77 | €5,756 | €12,379 | +€6,624 | +115% |
| Profit (loss) for the period | 9904 | €6,526 | €27,560 | +€21,034 | +322% |
| Profit (loss) for the period to be appropriated | 9905 | €6,526 | €27,560 | +€21,034 | +322% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.