KUJO: 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.
KUJO
Largest movements
- Cash +€66,659
up €66,659 (+662.2%), from €10,067 to €76,726
mainly Net result for the year (+€55,575) and Tax, wage and social debts (+€14,034)
- Tangible fixed assets -€3,667
down €3,667 (-34.5%), from €10,638 to €6,972
- Receivables within one year +€2,321
new in 2025: €2,321
- Profit (loss) carried forward +€52,838
up €52,838 (+1930.4%), from €2,737 to €55,575
- Tax, wage and social debts +€14,034
up €14,034 (+1789.2%), from €784 to €14,818
- Other debts -€5,526
down €5,526 (-48.8%), from €11,319 to €5,793
- Reserves +€2,737
new in 2025: €2,737
- Trade debts +€1,229
up €1,229 (+62.5%), from €1,965 to €3,194
- Gross operating margin +€70,484
up €70,484 (+1457.1%), from €4,837 to €75,322
- Taxes +€13,891
up €13,891 (+1771.0%), from €784 to €14,675
- Depreciation +€3,305
up €3,305 (+913.9%), from €362 to €3,667
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 | €20,805 | €86,118 | +€65,313 | +313.9% |
| Fixed assets | 21/28 | €10,738 | €7,072 | -€3,667 | -34.1% |
| Tangible fixed assets | 22/27 | €10,638 | €6,972 | -€3,667 | -34.5% |
| Furniture and vehicles | 24 | €10,638 | €6,972 | -€3,667 | -34.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €10,067 | €79,046 | +€68,979 | +685.2% |
| Amounts receivable within one year | 40/41 | - | €2,321 | +€2,321 | |
| Trade receivables | 40 | - | €2,321 | +€2,321 | |
| Cash at bank and in hand | 54/58 | €10,067 | €76,726 | +€66,659 | +662.2% |
| Total equity and liabilities | 10/49 | €20,805 | €86,118 | +€65,313 | +313.9% |
| Equity | 10/15 | €6,737 | €62,312 | +€55,575 | +824.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €2,737 | +€2,737 | |
| Distributable reserves | 133 | - | €2,737 | +€2,737 | |
| Profit (loss) carried forward | 14 | €2,737 | €55,575 | +€52,838 | +1930.4% |
| Amounts payable | 17/49 | €14,068 | €23,806 | +€9,738 | +69.2% |
| Amounts payable within one year | 42/48 | €14,068 | €23,806 | +€9,738 | +69.2% |
| Trade debts | 44 | €1,965 | €3,194 | +€1,229 | +62.5% |
| Suppliers | 440/4 | €1,965 | €3,194 | +€1,229 | +62.5% |
| Taxes, remuneration and social security | 45 | €784 | €14,818 | +€14,034 | +1789.2% |
| Taxes | 450/3 | €784 | €14,818 | +€14,034 | +1789.2% |
| Other amounts payable | 47/48 | €11,319 | €5,793 | -€5,526 | -48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362 | €3,667 | +€3,305 | +913.9% |
| Other operating charges | 640/8 | €947 | €883 | -€64 | -6.8% |
| Gross operating margin | 9900 | €4,837 | €75,322 | +€70,484 | +1457.1% |
| Operating profit (loss) | 9901 | €3,529 | €70,772 | +€67,243 | +1905.5% |
| Financial charges | 65/66B | €8 | €522 | +€514 | +6859.9% |
| Recurring financial charges | 65 | €8 | €522 | +€514 | +6859.9% |
| Profit (loss) for the period before taxes | 9903 | €3,521 | €70,250 | +€66,729 | +1894.9% |
| Income taxes | 67/77 | €784 | €14,675 | +€13,891 | +1771.0% |
| Profit (loss) for the period | 9904 | €2,737 | €55,575 | +€52,838 | +1930.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,737 | €55,575 | +€52,838 | +1930.4% |
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 9 October 2026 via checked.be.