ETOILE KINDIA: what changed
ETOILE KINDIA
Largest movements
- Cash -€137,301
down €137,301 (-78.6%), from €174,782 to €37,481
mainly Trade debts (-€84,693) and Other debts (-€50,605)
- Trade debts -€84,693
down €84,693 (-94.4%), from €89,750 to €5,057
- Other debts -€50,605
down €50,605 (-71.4%), from €70,906 to €20,301
- Tax, wage and social debts -€9,669
down €9,669 (-81.1%), from €11,916 to €2,247
of which Remuneration and social security: -€11,400
- Profit (loss) carried forward +€6,129
up €6,129 (+26.3%), from €23,322 to €29,451
- Turnover +€6,028
up €6,028 (+2.4%), from €248,534 to €254,562
- Gross operating margin +€4,677
up €4,677 (+92.8%), from €5,040 to €9,718
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,039 | €62,202 | -€138,838 | -69.1% |
| Current assets | 29/58 | €201,039 | €62,202 | -€138,838 | -69.1% |
| Stocks and contracts in progress | 3 | €25,569 | €24,061 | -€1,509 | -5.9% |
| Stocks | 30/36 | €25,569 | €24,061 | -€1,509 | -5.9% |
| Amounts receivable within one year | 40/41 | €335 | €308 | -€28 | -8.2% |
| Other amounts receivable | 41 | €335 | €308 | -€28 | -8.2% |
| Cash at bank and in hand | 54/58 | €174,782 | €37,481 | -€137,301 | -78.6% |
| Deferred charges and accrued income | 490/1 | €352 | €352 | = | 0.0% |
| Total equity and liabilities | 10/49 | €201,039 | €62,202 | -€138,838 | -69.1% |
| Equity | 10/15 | €26,468 | €32,597 | +€6,129 | +23.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €3,144 | €3,144 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,144 | €3,144 | = | 0.0% |
| Legal reserve | 130 | €3,144 | €3,144 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,322 | €29,451 | +€6,129 | +26.3% |
| Amounts payable | 17/49 | €174,572 | €29,605 | -€144,967 | -83.0% |
| Amounts payable within one year | 42/48 | €174,572 | €29,605 | -€144,967 | -83.0% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €89,750 | €5,057 | -€84,693 | -94.4% |
| Suppliers | 440/4 | €89,750 | €5,057 | -€84,693 | -94.4% |
| Taxes, remuneration and social security | 45 | €11,916 | €2,247 | -€9,669 | -81.1% |
| Taxes | 450/3 | €516 | €2,247 | +€1,731 | +335% |
| Remuneration and social security | 454/9 | €11,400 | - | -€11,400 | |
| Other amounts payable | 47/48 | €70,906 | €20,301 | -€50,605 | -71.4% |
| Turnover | 70 | €248,534 | €254,562 | +€6,028 | +2.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €243,494 | €244,844 | +€1,350 | +0.6% |
| Other operating charges | 640/8 | €148 | €2,172 | +€2,024 | +1,366% |
| Gross operating margin | 9900 | €5,040 | €9,718 | +€4,677 | +92.8% |
| Operating profit (loss) | 9901 | €4,892 | €7,546 | +€2,654 | +54.2% |
| Financial charges | 65/66B | €23 | €21 | -€2 | -8.9% |
| Recurring financial charges | 65 | €23 | €21 | -€2 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €4,870 | €7,525 | +€2,656 | +54.5% |
| Income taxes | 67/77 | - | €1,396 | +€1,396 | |
| Profit (loss) for the period | 9904 | €4,870 | €6,129 | +€1,259 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,870 | €6,129 | +€1,259 | +25.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.