K ACIER: 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 ACIER
Largest movements
- Receivables within one year +€408,618
up €408,618 (+667%), from €61,233 to €469,851
of which Trade receivables: +€415,368
- Stocks and contracts +€26,477
new in 2024: €26,477
- Tangible fixed assets +€22,956
up €22,956 (+1,897%), from €1,210 to €24,166
- Cash -€9,047
down €9,047 (-99.4%), from €9,097 to €50
mainly Receivables within one year (-€408,618) and Investment in fixed assets (net) (-€35,000)
- Trade debts +€422,686
up €422,686 (+4,096%), from €10,320 to €433,006
- Profit (loss) carried forward +€18,468
up €18,468, from -€3,429 to €15,038
- Other debts +€18,435
up €18,435 (+96.1%), from €19,184 to €37,619
- Tax, wage and social debts -€14,823
down €14,823 (-85.9%), from €17,260 to €2,438
of which Remuneration and social security: -€12,352
- Gross operating margin +€22,922
up €22,922 (+179%), from €12,788 to €35,709
- Depreciation +€10,400
up €10,400 (+1,615%), from €644 to €11,044
- Taxes +€3,405
up €3,405 (+2,978%), from €114 to €3,519
- Other operating charges +€1,684
up €1,684 (+440%), from €383 to €2,067
- Financial charges -€1,129
down €1,129 (-64.8%), from €1,741 to €612
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.
Derived cash bridge
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 | €73,335 | €521,907 | +€448,572 | +612% |
| Fixed assets | 21/28 | €1,573 | €25,529 | +€23,956 | +1,523% |
| Tangible fixed assets | 22/27 | €1,210 | €24,166 | +€22,956 | +1,897% |
| Plant, machinery and equipment | 23 | €1,210 | €24,166 | +€22,956 | +1,897% |
| Financial fixed assets | 28 | €363 | €1,363 | +€1,000 | +275% |
| Current assets | 29/58 | €71,762 | €496,378 | +€424,616 | +592% |
| Stocks and contracts in progress | 3 | - | €26,477 | +€26,477 | |
| Stocks | 30/36 | - | €26,477 | +€26,477 | |
| Amounts receivable within one year | 40/41 | €61,233 | €469,851 | +€408,618 | +667% |
| Trade receivables | 40 | €32,984 | €448,352 | +€415,368 | +1,259% |
| Other amounts receivable | 41 | €28,249 | €21,499 | -€6,750 | -23.9% |
| Cash at bank and in hand | 54/58 | €9,097 | €50 | -€9,047 | -99.4% |
| Deferred charges and accrued income | 490/1 | €1,432 | - | -€1,432 | |
| Total equity and liabilities | 10/49 | €73,335 | €521,907 | +€448,572 | +612% |
| Equity | 10/15 | €26,571 | €45,038 | +€18,468 | +69.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,429 | €15,038 | +€18,468 | |
| Amounts payable | 17/49 | €46,764 | €476,869 | +€430,105 | +920% |
| Amounts payable within one year | 42/48 | €46,764 | €476,869 | +€430,105 | +920% |
| Financial debts | 43 | - | €3,807 | +€3,807 | |
| Credit institutions | 430/8 | - | €3,807 | +€3,807 | |
| Trade debts | 44 | €10,320 | €433,006 | +€422,686 | +4,096% |
| Suppliers | 440/4 | €10,320 | €433,006 | +€422,686 | +4,096% |
| Taxes, remuneration and social security | 45 | €17,260 | €2,438 | -€14,823 | -85.9% |
| Taxes | 450/3 | €4,908 | €2,438 | -€2,471 | -50.3% |
| Remuneration and social security | 454/9 | €12,352 | - | -€12,352 | |
| Other amounts payable | 47/48 | €19,184 | €37,619 | +€18,435 | +96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €644 | €11,044 | +€10,400 | +1,615% |
| Other operating charges | 640/8 | €383 | €2,067 | +€1,684 | +440% |
| Gross operating margin | 9900 | €12,788 | €35,709 | +€22,922 | +179% |
| Operating profit (loss) | 9901 | €11,761 | €22,599 | +€10,838 | +92.2% |
| Financial charges | 65/66B | €1,741 | €612 | -€1,129 | -64.8% |
| Recurring financial charges | 65 | €1,741 | €612 | -€1,129 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €10,020 | €21,987 | +€11,966 | +119% |
| Income taxes | 67/77 | €114 | €3,519 | +€3,405 | +2,978% |
| Profit (loss) for the period | 9904 | €9,906 | €18,468 | +€8,561 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,906 | €18,468 | +€8,561 | +86.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.