De Kaai: 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.
De Kaai
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+78.4%), from €1.4m to €2.5m
- Receivables within one year -€135,760
down €135,760 (-100%), from €135,760 to €0
of which Trade receivables: -€113,779
- Current portion of long-term debt +€1.3m
up €1.3m (+13,272%), from €9,423 to €1.3m
- Other debts -€277,518
down €277,518 (-46.8%), from €592,518 to €315,000
- Trade debts -€26,398
down €26,398 (-17.9%), from €147,348 to €120,950
- Financial charges -€113,894
down €113,894 (-94.3%), from €120,810 to €6,916
- Financial income -€111,632
down €111,632 (-98.1%), from €113,779 to €2,147
- Gross operating margin -€99,461
down €99,461 (-99.7%), from €99,721 to €260
- Taxes -€23,009
down €23,009, from €22,962 to -€47
From the 31-03-2023 result to the 31-03-2024 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 31-03-2023 and 31-03-2024 balance sheets and the 31-03-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2023 | 31-03-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,539,418 | €2,486,486 | +€947,068 | +61.5% |
| Current assets | 29/58 | €1,539,418 | €2,486,486 | +€947,068 | +61.5% |
| Stocks and contracts in progress | 3 | €1,385,689 | €2,472,421 | +€1.1m | +78.4% |
| Stocks | 30/36 | €1,385,689 | €2,472,421 | +€1.1m | +78.4% |
| Amounts receivable within one year | 40/41 | €135,760 | €0 | -€135,760 | -100% |
| Trade receivables | 40 | €113,779 | €0 | -€113,779 | -100% |
| Other amounts receivable | 41 | €21,981 | €0 | -€21,981 | -100% |
| Current investments | 50/53 | - | €11,328 | +€11,328 | |
| Cash at bank and in hand | 54/58 | €17,969 | €2,737 | -€15,232 | -84.8% |
| Total equity and liabilities | 10/49 | €1,539,418 | €2,486,486 | +€947,068 | +61.5% |
| Equity | 10/15 | €152,935 | €147,512 | -€5,423 | -3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,735 | €141,312 | -€5,423 | -3.7% |
| Amounts payable | 17/49 | €1,386,482 | €2,338,974 | +€952,491 | +68.7% |
| Amounts payable after more than one year | 17 | €623,000 | €623,000 | = | 0.0% |
| Financial debts | 170/4 | €623,000 | €623,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €756,851 | €1,715,974 | +€959,123 | +127% |
| Current portion of amounts payable after more than one year | 42 | €9,423 | €1,260,000 | +€1.3m | +13,272% |
| Trade debts | 44 | €147,348 | €120,950 | -€26,398 | -17.9% |
| Suppliers | 440/4 | €147,348 | €120,950 | -€26,398 | -17.9% |
| Taxes, remuneration and social security | 45 | €7,561 | €20,023 | +€12,462 | +165% |
| Taxes | 450/3 | €7,561 | €20,023 | +€12,462 | +165% |
| Other amounts payable | 47/48 | €592,518 | €315,000 | -€277,518 | -46.8% |
| Accrued charges and deferred income | 492/3 | €6,632 | €0 | -€6,632 | -100% |
| Other operating charges | 640/8 | €868 | €960 | +€92 | +10.6% |
| Gross operating margin | 9900 | €99,721 | €260 | -€99,461 | -99.7% |
| Operating profit (loss) | 9901 | €98,853 | -€701 | -€99,554 | |
| Financial income | 75/76B | €113,779 | €2,147 | -€111,632 | -98.1% |
| Recurring financial income | 75 | €113,779 | €2,147 | -€111,632 | -98.1% |
| Financial charges | 65/66B | €120,810 | €6,916 | -€113,894 | -94.3% |
| Recurring financial charges | 65 | €120,810 | €6,916 | -€113,894 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €91,822 | -€5,470 | -€97,292 | |
| Income taxes | 67/77 | €22,962 | -€47 | -€23,009 | |
| Profit (loss) for the period | 9904 | €68,860 | -€5,423 | -€74,283 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,860 | -€5,423 | -€74,283 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.