K'dress: what changed
K'dress
Largest movements
- Receivables within one year +€65,527
up €65,527 (+755%), from €8,678 to €74,205
of which Trade receivables: +€67,606
- Tangible fixed assets -€20,327
down €20,327 (-16.0%), from €127,001 to €106,674
of which Furniture and vehicles: -€18,377
- Reserves +€29,558
up €29,558 (+38.6%), from €76,615 to €106,173
- Tax, wage and social debts +€21,140
up €21,140 (+204%), from €10,362 to €31,502
- Other debts -€11,126
down €11,126 (-18.1%), from €61,415 to €50,289
- Accrued charges and deferred income +€4,352
up €4,352 (+76.3%), from €5,706 to €10,058
- Gross operating margin +€11,381
up €11,381 (+17.8%), from €64,081 to €75,461
- Taxes +€6,534
up €6,534 (+66.6%), from €9,814 to €16,348
- Depreciation +€1,321
up €1,321 (+5.8%), from €22,787 to €24,108
- Financial charges -€1,278
down €1,278 (-22.2%), from €5,763 to €4,485
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 | €162,027 | €205,288 | +€43,261 | +26.7% |
| Fixed assets | 21/28 | €127,011 | €106,684 | -€20,327 | -16.0% |
| Tangible fixed assets | 22/27 | €127,001 | €106,674 | -€20,327 | -16.0% |
| Land and buildings | 22 | €86,565 | €84,615 | -€1,950 | -2.3% |
| Furniture and vehicles | 24 | €40,436 | €22,059 | -€18,377 | -45.4% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €35,015 | €98,603 | +€63,588 | +182% |
| Amounts receivable within one year | 40/41 | €8,678 | €74,205 | +€65,527 | +755% |
| Trade receivables | 40 | €6,599 | €74,205 | +€67,606 | +1,024% |
| Other amounts receivable | 41 | €2,079 | - | -€2,079 | |
| Cash at bank and in hand | 54/58 | €25,099 | €23,130 | -€1,970 | -7.8% |
| Deferred charges and accrued income | 490/1 | €1,238 | €1,269 | +€31 | +2.5% |
| Total equity and liabilities | 10/49 | €162,027 | €205,288 | +€43,261 | +26.7% |
| Equity | 10/15 | €79,615 | €109,173 | +€29,558 | +37.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €76,615 | €106,173 | +€29,558 | +38.6% |
| Distributable reserves | 133 | €76,615 | €106,173 | +€29,558 | +38.6% |
| Amounts payable | 17/49 | €82,411 | €96,115 | +€13,704 | +16.6% |
| Amounts payable within one year | 42/48 | €76,705 | €86,057 | +€9,352 | +12.2% |
| Trade debts | 44 | €4,928 | €4,265 | -€663 | -13.5% |
| Suppliers | 440/4 | €4,928 | €4,265 | -€663 | -13.5% |
| Taxes, remuneration and social security | 45 | €10,362 | €31,502 | +€21,140 | +204% |
| Taxes | 450/3 | €10,362 | €31,502 | +€21,140 | +204% |
| Other amounts payable | 47/48 | €61,415 | €50,289 | -€11,126 | -18.1% |
| Accrued charges and deferred income | 492/3 | €5,706 | €10,058 | +€4,352 | +76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,787 | €24,108 | +€1,321 | +5.8% |
| Other operating charges | 640/8 | €937 | €963 | +€27 | +2.9% |
| Gross operating margin | 9900 | €64,081 | €75,461 | +€11,381 | +17.8% |
| Operating profit (loss) | 9901 | €40,358 | €50,390 | +€10,033 | +24.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,763 | €4,485 | -€1,278 | -22.2% |
| Recurring financial charges | 65 | €5,763 | €4,485 | -€1,278 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €34,595 | €45,906 | +€11,311 | +32.7% |
| Income taxes | 67/77 | €9,814 | €16,348 | +€6,534 | +66.6% |
| Profit (loss) for the period | 9904 | €24,780 | €29,558 | +€4,777 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,780 | €29,558 | +€4,777 | +19.3% |
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.