AFC KIEL: 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.
AFC KIEL
Largest movements
- Tangible fixed assets +€7,171
up €7,171 (+478.1%), from €1,500 to €8,671
of which Other tangible fixed assets: +€6,555
- Cash +€5,372
up €5,372 (+107.5%), from €4,997 to €10,369
mainly Other debts (+€12,225) and Contributions, distributions and other (+€10,000)
- Receivables within one year -€3,356
down €3,356 (-48.2%), from €6,965 to €3,609
- Stocks and contracts -€1,196
down €1,196 (-40.7%), from €2,937 to €1,740
- Profit (loss) carried forward -€15,967
down €15,967 (-46.2%), from -€34,537 to -€50,504
- Other debts +€12,225
up €12,225 (+263.3%), from €4,642 to €16,867
- Contributions +€10,000
up €10,000 (+100.0%), from €10,000 to €20,000
- Tax, wage and social debts +€4,230
up €4,230 (+21.3%), from €19,866 to €24,097
of which Remuneration and social security: +€4,547
- Trade debts -€2,497
down €2,497 (-15.2%), from €16,427 to €13,930
- Gross operating margin +€37,926
up €37,926 (+194.8%), from €19,466 to €57,392
- Staff costs +€17,790
up €17,790 (+34.1%), from €52,099 to €69,889
- Other operating charges +€1,889
up €1,889 (+875.1%), from €216 to €2,105
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,399 | €24,391 | +€7,992 | +48.7% |
| Fixed assets | 21/28 | €1,500 | €8,671 | +€7,171 | +478.1% |
| Tangible fixed assets | 22/27 | €1,500 | €8,671 | +€7,171 | +478.1% |
| Furniture and vehicles | 24 | €1,500 | €2,116 | +€616 | +41.1% |
| Other tangible fixed assets | 26 | - | €6,555 | +€6,555 | |
| Current assets | 29/58 | €14,899 | €15,719 | +€820 | +5.5% |
| Stocks and contracts in progress | 3 | €2,937 | €1,740 | -€1,196 | -40.7% |
| Stocks | 30/36 | €2,937 | €1,740 | -€1,196 | -40.7% |
| Amounts receivable within one year | 40/41 | €6,965 | €3,609 | -€3,356 | -48.2% |
| Other amounts receivable | 41 | €6,965 | €3,609 | -€3,356 | -48.2% |
| Cash at bank and in hand | 54/58 | €4,997 | €10,369 | +€5,372 | +107.5% |
| Total equity and liabilities | 10/49 | €16,399 | €24,391 | +€7,992 | +48.7% |
| Equity | 10/15 | -€24,537 | -€30,504 | -€5,967 | -24.3% |
| Contributions | 10/11 | €10,000 | €20,000 | +€10,000 | +100.0% |
| Capital | 10 | €10,000 | €20,000 | +€10,000 | +100.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Uncalled capital | 101 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | -€34,537 | -€50,504 | -€15,967 | -46.2% |
| Amounts payable | 17/49 | €40,936 | €54,894 | +€13,958 | +34.1% |
| Amounts payable within one year | 42/48 | €40,936 | €54,894 | +€13,958 | +34.1% |
| Trade debts | 44 | €16,427 | €13,930 | -€2,497 | -15.2% |
| Suppliers | 440/4 | €16,427 | €13,930 | -€2,497 | -15.2% |
| Taxes, remuneration and social security | 45 | €19,866 | €24,097 | +€4,230 | +21.3% |
| Taxes | 450/3 | €317 | - | -€317 | |
| Remuneration and social security | 454/9 | €19,549 | €24,097 | +€4,547 | +23.3% |
| Other amounts payable | 47/48 | €4,642 | €16,867 | +€12,225 | +263.3% |
| Remuneration, social security and pensions | 62 | €52,099 | €69,889 | +€17,790 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,459 | €1,024 | -€436 | -29.9% |
| Other operating charges | 640/8 | €216 | €2,105 | +€1,889 | +875.1% |
| Gross operating margin | 9900 | €19,466 | €57,392 | +€37,926 | +194.8% |
| Operating profit (loss) | 9901 | -€34,307 | -€15,625 | +€18,682 | +54.5% |
| Financial income | 75/76B | €70 | €75 | +€4 | +6.0% |
| Recurring financial income | 75 | €70 | €75 | +€4 | +6.0% |
| Financial charges | 65/66B | €300 | €416 | +€116 | +38.6% |
| Recurring financial charges | 65 | €300 | €416 | +€116 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,537 | -€15,967 | +€18,571 | +53.8% |
| Profit (loss) for the period | 9904 | -€34,537 | -€15,967 | +€18,571 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,537 | -€15,967 | +€18,571 | +53.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.