Kwetu Services: 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.
Kwetu Services
Largest movements
- Receivables within one year +€27,724
up €27,724 (+92.5%), from €29,959 to €57,683
- Financial fixed assets +€3,000
new in 2025: €3,000
- Cash -€2,323
down €2,323 (-56.9%), from €4,079 to €1,756
mainly Receivables within one year (-€27,724) and Investment in fixed assets (net) (-€3,000)
- Profit (loss) carried forward +€30,061
up €30,061 (+317%), from €9,489 to €39,550
- Tax, wage and social debts -€1,260
down €1,260 (-7.9%), from €15,917 to €14,657
of which Remuneration and social security: -€1,718
- Gross operating margin +€27,265
up €27,265 (+82.4%), from €33,104 to €60,369
- Taxes +€6,770
up €6,770 (+185%), from €3,650 to €10,420
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 | €34,533 | €63,133 | +€28,600 | +82.8% |
| Fixed assets | 21/28 | - | €3,000 | +€3,000 | |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €34,533 | €60,133 | +€25,600 | +74.1% |
| Stocks and contracts in progress | 3 | €379 | €578 | +€199 | +52.4% |
| Stocks | 30/36 | €379 | €578 | +€199 | +52.4% |
| Amounts receivable within one year | 40/41 | €29,959 | €57,683 | +€27,724 | +92.5% |
| Other amounts receivable | 41 | €29,959 | €57,683 | +€27,724 | +92.5% |
| Cash at bank and in hand | 54/58 | €4,079 | €1,756 | -€2,323 | -56.9% |
| Deferred charges and accrued income | 490/1 | €116 | €116 | = | 0.0% |
| Total equity and liabilities | 10/49 | €34,533 | €63,133 | +€28,600 | +82.8% |
| Equity | 10/15 | €14,489 | €44,550 | +€30,061 | +207% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,489 | €39,550 | +€30,061 | +317% |
| Amounts payable | 17/49 | €20,044 | €18,583 | -€1,461 | -7.3% |
| Amounts payable within one year | 42/48 | €20,044 | €18,583 | -€1,461 | -7.3% |
| Trade debts | 44 | €4,127 | €3,926 | -€202 | -4.9% |
| Suppliers | 440/4 | €4,127 | €3,926 | -€202 | -4.9% |
| Taxes, remuneration and social security | 45 | €15,917 | €14,657 | -€1,260 | -7.9% |
| Taxes | 450/3 | €11,914 | €12,372 | +€459 | +3.8% |
| Remuneration and social security | 454/9 | €4,003 | €2,285 | -€1,718 | -42.9% |
| Remuneration, social security and pensions | 62 | €17,879 | €17,960 | +€81 | +0.5% |
| Other operating charges | 640/8 | €1,705 | €1,344 | -€360 | -21.1% |
| Gross operating margin | 9900 | €33,104 | €60,369 | +€27,265 | +82.4% |
| Operating profit (loss) | 9901 | €13,521 | €41,065 | +€27,544 | +204% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €382 | €584 | +€202 | +52.9% |
| Recurring financial charges | 65 | €382 | €584 | +€202 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €13,139 | €40,481 | +€27,342 | +208% |
| Income taxes | 67/77 | €3,650 | €10,420 | +€6,770 | +185% |
| Profit (loss) for the period | 9904 | €9,489 | €30,061 | +€20,572 | +217% |
| Profit (loss) for the period to be appropriated | 9905 | €9,489 | €30,061 | +€20,572 | +217% |
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 24 October 2026 via checked.be.