IS KA: what changed
Two fiscal 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.
IS KA
Largest movements
- Tangible fixed assets +€117,680
up €117,680 (+835.2%), from €14,090 to €131,770
- Receivables within one year -€59,535
down €59,535 (-21.0%), from €282,865 to €223,330
of which Other amounts receivable: -€72,992
- Cash -€21,299
down €21,299 (-65.9%), from €32,311 to €11,012
mainly Investment in fixed assets (net) (-€137,255) and Net result for the year (-€108,476)
- Profit (loss) carried forward -€108,476
down €108,476 (-39.7%), from €273,379 to €164,903
- Current portion of long-term debt +€102,390
up €102,390 (+568.8%), from €18,000 to €120,390
- Trade debts +€32,686
up €32,686 (+1993.7%), from €1,639 to €34,326
- Tax, wage and social debts +€9,565
up €9,565 (+42.2%), from €22,691 to €32,255
of which Remuneration and social security: +€8,535
- Turnover -€419,494
no longer reported in 2024 (was €419,494)
- Purchases and services -€314,261
no longer reported in 2024 (was €314,261)
- Gross operating margin -€123,017
down €123,017, from €106,066 to -€16,951
- Staff costs -€22,518
down €22,518 (-31.7%), from €70,946 to €48,428
- Depreciation +€11,882
up €11,882 (+154.5%), from €7,693 to €19,575
From the 2023 result to the 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €341,348 | €377,545 | +€36,197 | +10.6% |
| Fixed assets | 21/28 | €14,090 | €131,770 | +€117,680 | +835.2% |
| Tangible fixed assets | 22/27 | €14,090 | €131,770 | +€117,680 | +835.2% |
| Furniture and vehicles | 24 | €14,090 | €131,770 | +€117,680 | +835.2% |
| Current assets | 29/58 | €327,258 | €245,775 | -€81,484 | -24.9% |
| Stocks and contracts in progress | 3 | €9,026 | €8,376 | -€650 | -7.2% |
| Stocks | 30/36 | €9,026 | €8,376 | -€650 | -7.2% |
| Amounts receivable within one year | 40/41 | €282,865 | €223,330 | -€59,535 | -21.0% |
| Trade receivables | 40 | €9,580 | €23,038 | +€13,458 | +140.5% |
| Other amounts receivable | 41 | €273,285 | €200,293 | -€72,992 | -26.7% |
| Cash at bank and in hand | 54/58 | €32,311 | €11,012 | -€21,299 | -65.9% |
| Deferred charges and accrued income | 490/1 | €3,057 | €3,057 | = | 0.0% |
| Total equity and liabilities | 10/49 | €341,348 | €377,545 | +€36,197 | +10.6% |
| Equity | 10/15 | €297,284 | €188,808 | -€108,476 | -36.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,305 | €5,305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,305 | €5,305 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,305 | €5,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | €273,379 | €164,903 | -€108,476 | -39.7% |
| Amounts payable | 17/49 | €44,064 | €188,737 | +€144,673 | +328.3% |
| Amounts payable within one year | 42/48 | €44,064 | €188,737 | +€144,673 | +328.3% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €120,390 | +€102,390 | +568.8% |
| Trade debts | 44 | €1,639 | €34,326 | +€32,686 | +1993.7% |
| Suppliers | 440/4 | €1,639 | €34,326 | +€32,686 | +1993.7% |
| Taxes, remuneration and social security | 45 | €22,691 | €32,255 | +€9,565 | +42.2% |
| Taxes | 450/3 | €493 | €1,522 | +€1,030 | +209.1% |
| Remuneration and social security | 454/9 | €22,198 | €30,733 | +€8,535 | +38.4% |
| Other amounts payable | 47/48 | €1,734 | €1,766 | +€32 | +1.8% |
| Turnover | 70 | €419,494 | - | -€419,494 | |
| Goods, raw materials, services and sundry goods | 60/61 | €314,261 | - | -€314,261 | |
| Remuneration, social security and pensions | 62 | €70,946 | €48,428 | -€22,518 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,693 | €19,575 | +€11,882 | +154.5% |
| Other operating charges | 640/8 | €2,199 | €8,124 | +€5,924 | +269.4% |
| Non-recurring operating charges | 66A | - | €58 | +€58 | |
| Gross operating margin | 9900 | €106,066 | -€16,951 | -€123,017 | |
| Operating profit (loss) | 9901 | €25,227 | -€93,136 | -€118,363 | |
| Financial charges | 65/66B | €163 | €162 | -€1 | -0.5% |
| Recurring financial charges | 65 | €163 | €162 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €25,064 | -€93,298 | -€118,362 | |
| Income taxes | 67/77 | €4,382 | €15,178 | +€10,797 | +246.4% |
| Profit (loss) for the period | 9904 | €20,683 | -€108,476 | -€129,159 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,683 | -€108,476 | -€129,159 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.