K/de Kestemont: what changed
K/de Kestemont
Largest movements
- Stocks and contracts +€18,000
new in 2024: €18,000
- Tangible fixed assets -€13,614
down €13,614 (-18.3%), from €74,433 to €60,818
of which Furniture and vehicles: -€10,640
- Receivables within one year -€5,222
down €5,222 (-42.4%), from €12,311 to €7,089
of which Other amounts receivable: -€5,169
- Cash -€962
down €962 (-49.9%), from €1,927 to €966
mainly Stocks and contracts (-€18,000) and Net result for the year (-€14,790)
- Short-term financial debts +€20,434
up €20,434 (+120%), from €17,012 to €37,446
of which Other loans: +€17,434
- Profit (loss) carried forward -€14,790
down €14,790 (-40.3%), from -€36,698 to -€51,488
- Tax, wage and social debts -€9,030
down €9,030 (-95.7%), from €9,433 to €403
- Gross operating margin +€23,352
up €23,352, from -€23,271 to €80
- Depreciation +€1,567
up €1,567 (+12.4%), from €12,667 to €14,234
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 | €89,746 | €87,245 | -€2,501 | -2.8% |
| Fixed assets | 21/28 | €74,433 | €60,818 | -€13,614 | -18.3% |
| Tangible fixed assets | 22/27 | €74,433 | €60,818 | -€13,614 | -18.3% |
| Land and buildings | 22 | €29,063 | €25,842 | -€3,221 | -11.1% |
| Plant, machinery and equipment | 23 | €1,469 | €1,715 | +€247 | +16.8% |
| Furniture and vehicles | 24 | €43,901 | €33,261 | -€10,640 | -24.2% |
| Current assets | 29/58 | €15,314 | €26,426 | +€11,113 | +72.6% |
| Stocks and contracts in progress | 3 | - | €18,000 | +€18,000 | |
| Stocks | 30/36 | - | €18,000 | +€18,000 | |
| Amounts receivable within one year | 40/41 | €12,311 | €7,089 | -€5,222 | -42.4% |
| Trade receivables | 40 | €83 | €30 | -€53 | -63.7% |
| Other amounts receivable | 41 | €12,228 | €7,059 | -€5,169 | -42.3% |
| Cash at bank and in hand | 54/58 | €1,927 | €966 | -€962 | -49.9% |
| Deferred charges and accrued income | 490/1 | €1,076 | €372 | -€704 | -65.4% |
| Total equity and liabilities | 10/49 | €89,746 | €87,245 | -€2,501 | -2.8% |
| Equity | 10/15 | €63,302 | €48,512 | -€14,790 | -23.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,698 | -€51,488 | -€14,790 | -40.3% |
| Amounts payable | 17/49 | €26,445 | €38,733 | +€12,288 | +46.5% |
| Amounts payable within one year | 42/48 | €26,445 | €38,733 | +€12,288 | +46.5% |
| Financial debts | 43 | €17,012 | €37,446 | +€20,434 | +120% |
| Credit institutions | 430/8 | - | €3,000 | +€3,000 | |
| Other loans | 439 | €17,012 | €34,446 | +€17,434 | +102% |
| Trade debts | 44 | - | €884 | +€884 | |
| Suppliers | 440/4 | - | €884 | +€884 | |
| Taxes, remuneration and social security | 45 | €9,433 | €403 | -€9,030 | -95.7% |
| Taxes | 450/3 | €9,433 | €403 | -€9,030 | -95.7% |
| Non-recurring operating income | 76A | - | €9 | +€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,667 | €14,234 | +€1,567 | +12.4% |
| Other operating charges | 640/8 | €760 | €533 | -€227 | -29.8% |
| Non-recurring operating charges | 66A | - | €3 | +€3 | |
| Gross operating margin | 9900 | -€23,271 | €80 | +€23,352 | |
| Operating profit (loss) | 9901 | -€36,698 | -€14,690 | +€22,008 | +60.0% |
| Financial charges | 65/66B | - | €100 | +€100 | |
| Recurring financial charges | 65 | - | €100 | +€100 | |
| Profit (loss) for the period before taxes | 9903 | -€36,698 | -€14,790 | +€21,909 | +59.7% |
| Profit (loss) for the period | 9904 | -€36,698 | -€14,790 | +€21,909 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,698 | -€14,790 | +€21,909 | +59.7% |
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.