K.A.B.: 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.
K.A.B.
Largest movements
- Receivables within one year +€377,835
up €377,835 (+306.1%), from €123,440 to €501,276
of which Other amounts receivable: +€220,110
- Cash +€45,289
up €45,289 (+3011.4%), from €1,504 to €46,793
mainly Trade debts (+€269,299) and Net result for the year (+€127,056)
- Stocks and contracts +€21,081
up €21,081 (+62.4%), from €33,787 to €54,868
- Trade debts +€269,299
up €269,299 (+253.1%), from €106,380 to €375,679
- Profit (loss) carried forward +€127,056
up €127,056, from -€17,186 to €109,871
- Contributions +€30,000
new in 2024: €30,000
- Tax, wage and social debts +€15,390
up €15,390 (+57.3%), from €26,843 to €42,233
of which Remuneration and social security: +€9,735
- Gross operating margin +€203,963
up €203,963 (+27674.8%), from €737 to €204,700
- Taxes +€20,243
new in 2024: €20,243
- Staff costs +€2,919
up €2,919 (+5.4%), from €53,728 to €56,647
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 | €168,201 | €614,566 | +€446,365 | +265.4% |
| Fixed assets | 21/28 | €9,470 | €11,630 | +€2,160 | +22.8% |
| Financial fixed assets | 28 | €9,470 | €11,630 | +€2,160 | +22.8% |
| Current assets | 29/58 | €158,731 | €602,936 | +€444,205 | +279.8% |
| Stocks and contracts in progress | 3 | €33,787 | €54,868 | +€21,081 | +62.4% |
| Stocks | 30/36 | €33,787 | €54,868 | +€21,081 | +62.4% |
| Amounts receivable within one year | 40/41 | €123,440 | €501,276 | +€377,835 | +306.1% |
| Trade receivables | 40 | €123,440 | €281,166 | +€157,726 | +127.8% |
| Other amounts receivable | 41 | - | €220,110 | +€220,110 | |
| Cash at bank and in hand | 54/58 | €1,504 | €46,793 | +€45,289 | +3011.4% |
| Total equity and liabilities | 10/49 | €168,201 | €614,566 | +€446,365 | +265.4% |
| Equity | 10/15 | -€17,186 | €139,871 | +€157,056 | |
| Contributions | 10/11 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | -€17,186 | €109,871 | +€127,056 | |
| Amounts payable | 17/49 | €185,387 | €474,695 | +€289,309 | +156.1% |
| Amounts payable within one year | 42/48 | €185,387 | €474,695 | +€289,309 | +156.1% |
| Trade debts | 44 | €106,380 | €375,679 | +€269,299 | +253.1% |
| Suppliers | 440/4 | €106,380 | €375,679 | +€269,299 | +253.1% |
| Taxes, remuneration and social security | 45 | €26,843 | €42,233 | +€15,390 | +57.3% |
| Taxes | 450/3 | €14,733 | €20,388 | +€5,655 | +38.4% |
| Remuneration and social security | 454/9 | €12,110 | €21,845 | +€9,735 | +80.4% |
| Other amounts payable | 47/48 | €52,164 | €56,784 | +€4,620 | +8.9% |
| Remuneration, social security and pensions | 62 | €53,728 | €56,647 | +€2,919 | +5.4% |
| Other operating charges | 640/8 | €362 | €798 | +€436 | +120.3% |
| Gross operating margin | 9900 | €737 | €204,700 | +€203,963 | +27674.8% |
| Operating profit (loss) | 9901 | -€53,354 | €147,255 | +€200,609 | |
| Financial income | 75/76B | €712 | €1,065 | +€354 | +49.7% |
| Recurring financial income | 75 | €712 | €1,065 | +€354 | +49.7% |
| Financial charges | 65/66B | €372 | €1,022 | +€650 | +174.6% |
| Recurring financial charges | 65 | €372 | €1,022 | +€650 | +174.6% |
| Profit (loss) for the period before taxes | 9903 | -€53,014 | €147,299 | +€200,313 | |
| Income taxes | 67/77 | - | €20,243 | +€20,243 | |
| Profit (loss) for the period | 9904 | -€53,014 | €127,056 | +€180,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,014 | €127,056 | +€180,071 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.