K DELIVERY: 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.
K DELIVERY
Largest movements
- Cash -€30,734
down €30,734 (-77.4%), from €39,714 to €8,980
mainly Net result for the year (-€50,128) and Trade debts (-€23,273)
- Receivables within one year -€14,291
down €14,291 (-92.5%), from €15,451 to €1,160
of which Other amounts receivable: -€13,299
- Tangible fixed assets -€7,224
down €7,224 (-18.5%), from €39,100 to €31,876
of which Furniture and vehicles: -€10,144
- Deferred charges and accrued income -€3,740
down €3,740 (-85.7%), from €4,365 to €625
- Profit (loss) carried forward -€50,128
down €50,128 (-292.2%), from -€17,157 to -€67,285
- Other debts +€27,879
new in 2023: €27,879
- Trade debts -€23,273
down €23,273 (-44.0%), from €52,850 to €29,577
- Tax, wage and social debts -€8,750
down €8,750 (-30.2%), from €29,000 to €20,250
of which Taxes: -€10,797
- Debts after one year -€5,650
down €5,650 (-26.1%), from €21,630 to €15,980
- Other operating charges -€10,017
down €10,017 (-89.4%), from €11,201 to €1,184
- Gross operating margin +€7,661
up €7,661 (+3.7%), from €204,540 to €212,201
- Staff costs +€7,241
up €7,241 (+3.6%), from €199,139 to €206,380
- Financial charges +€6,754
up €6,754 (+20.1%), from €33,566 to €40,320
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,392 | €49,931 | -€56,461 | -53.1% |
| Fixed assets | 21/28 | €40,338 | €32,214 | -€8,124 | -20.1% |
| Intangible fixed assets | 21 | €899 | - | -€899 | |
| Tangible fixed assets | 22/27 | €39,100 | €31,876 | -€7,224 | -18.5% |
| Plant, machinery and equipment | 23 | €3,364 | €6,284 | +€2,920 | +86.8% |
| Furniture and vehicles | 24 | €35,736 | €25,592 | -€10,144 | -28.4% |
| Financial fixed assets | 28 | €338 | €338 | = | 0.0% |
| Current assets | 29/58 | €66,055 | €17,717 | -€48,338 | -73.2% |
| Stocks and contracts in progress | 3 | €6,525 | €6,952 | +€426 | +6.5% |
| Stocks | 30/36 | €6,525 | €6,952 | +€426 | +6.5% |
| Amounts receivable within one year | 40/41 | €15,451 | €1,160 | -€14,291 | -92.5% |
| Trade receivables | 40 | €1,874 | €883 | -€991 | -52.9% |
| Other amounts receivable | 41 | €13,577 | €278 | -€13,299 | -98.0% |
| Cash at bank and in hand | 54/58 | €39,714 | €8,980 | -€30,734 | -77.4% |
| Deferred charges and accrued income | 490/1 | €4,365 | €625 | -€3,740 | -85.7% |
| Total equity and liabilities | 10/49 | €106,392 | €49,931 | -€56,461 | -53.1% |
| Equity | 10/15 | -€9,097 | -€59,225 | -€50,128 | -551.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€17,157 | -€67,285 | -€50,128 | -292.2% |
| Amounts payable | 17/49 | €115,489 | €109,156 | -€6,334 | -5.5% |
| Amounts payable after more than one year | 17 | €21,630 | €15,980 | -€5,650 | -26.1% |
| Financial debts | 170/4 | €21,630 | €15,980 | -€5,650 | -26.1% |
| Amounts payable within one year | 42/48 | €93,814 | €93,079 | -€735 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €11,964 | €11,125 | -€838 | -7.0% |
| Financial debts | 43 | - | €4,247 | +€4,247 | |
| Credit institutions | 430/8 | - | €4,247 | +€4,247 | |
| Trade debts | 44 | €52,850 | €29,577 | -€23,273 | -44.0% |
| Suppliers | 440/4 | €52,850 | €29,577 | -€23,273 | -44.0% |
| Taxes, remuneration and social security | 45 | €29,000 | €20,250 | -€8,750 | -30.2% |
| Taxes | 450/3 | €12,000 | €1,203 | -€10,797 | -90.0% |
| Remuneration and social security | 454/9 | €17,000 | €19,047 | +€2,047 | +12.0% |
| Other amounts payable | 47/48 | - | €27,879 | +€27,879 | |
| Accrued charges and deferred income | 492/3 | €45 | €97 | +€52 | +115.7% |
| Remuneration, social security and pensions | 62 | €199,139 | €206,380 | +€7,241 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,549 | €14,454 | +€905 | +6.7% |
| Other operating charges | 640/8 | €11,201 | €1,184 | -€10,017 | -89.4% |
| Gross operating margin | 9900 | €204,540 | €212,201 | +€7,661 | +3.7% |
| Operating profit (loss) | 9901 | -€19,349 | -€9,817 | +€9,532 | +49.3% |
| Financial income | 75/76B | €1,393 | €9 | -€1,384 | -99.3% |
| Recurring financial income | 75 | €1,393 | €9 | -€1,384 | -99.3% |
| Financial charges | 65/66B | €33,566 | €40,320 | +€6,754 | +20.1% |
| Recurring financial charges | 65 | €33,566 | €40,320 | +€6,754 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | -€51,522 | -€50,128 | +€1,394 | +2.7% |
| Profit (loss) for the period | 9904 | -€51,522 | -€50,128 | +€1,394 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,522 | -€50,128 | +€1,394 | +2.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.