K.F.I.: what changed
K.F.I.
Largest movements
- Cash +€19,304
up €19,304 (+16.7%), from €115,279 to €134,583
mainly Net result for the year (+€28,057) and Tax, wage and social debts (+€13,799)
- Reserves +€28,057
up €28,057 (+376%), from €7,462 to €35,519
of which Distributable reserves: +€28,057
- Other debts -€18,761
down €18,761 (-26.0%), from €72,083 to €53,322
- Tax, wage and social debts +€13,799
up €13,799 (+241%), from €5,715 to €19,514
- Trade debts -€3,754
down €3,754 (-20.7%), from €18,155 to €14,401
- Gross operating margin +€15,410
up €15,410 (+53.5%), from €28,830 to €44,240
- Taxes +€11,560
up €11,560 (+311%), from €3,722 to €15,282
- Other operating charges -€444
down €444 (-46.8%), from €949 to €505
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 | €132,013 | €151,354 | +€19,342 | +14.7% |
| Fixed assets | 21/28 | €9,510 | €9,170 | -€340 | -3.6% |
| Tangible fixed assets | 22/27 | €1,910 | €1,570 | -€340 | -17.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €1,910 | €1,570 | -€340 | -17.8% |
| Financial fixed assets | 28 | €7,600 | €7,600 | = | 0.0% |
| Current assets | 29/58 | €122,503 | €142,184 | +€19,682 | +16.1% |
| Amounts receivable within one year | 40/41 | €6,473 | €7,483 | +€1,010 | +15.6% |
| Trade receivables | 40 | €6,473 | €7,483 | +€1,010 | +15.6% |
| Cash at bank and in hand | 54/58 | €115,279 | €134,583 | +€19,304 | +16.7% |
| Deferred charges and accrued income | 490/1 | €750 | €118 | -€632 | -84.2% |
| Total equity and liabilities | 10/49 | €132,013 | €151,354 | +€19,342 | +14.7% |
| Equity | 10/15 | €36,060 | €64,117 | +€28,057 | +77.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,462 | €35,519 | +€28,057 | +376% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,602 | €33,659 | +€28,057 | +501% |
| Profit (loss) carried forward | 14 | €9,999 | €9,999 | = | 0.0% |
| Amounts payable | 17/49 | €95,953 | €87,237 | -€8,716 | -9.1% |
| Amounts payable within one year | 42/48 | €95,953 | €87,237 | -€8,716 | -9.1% |
| Trade debts | 44 | €18,155 | €14,401 | -€3,754 | -20.7% |
| Suppliers | 440/4 | €18,155 | €14,401 | -€3,754 | -20.7% |
| Taxes, remuneration and social security | 45 | €5,715 | €19,514 | +€13,799 | +241% |
| Taxes | 450/3 | €5,715 | €19,514 | +€13,799 | +241% |
| Other amounts payable | 47/48 | €72,083 | €53,322 | -€18,761 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340 | €340 | = | 0.0% |
| Other operating charges | 640/8 | €949 | €505 | -€444 | -46.8% |
| Gross operating margin | 9900 | €28,830 | €44,240 | +€15,410 | +53.5% |
| Operating profit (loss) | 9901 | €27,540 | €43,394 | +€15,854 | +57.6% |
| Financial charges | 65/66B | €91 | €55 | -€35 | -39.0% |
| Recurring financial charges | 65 | €91 | €55 | -€35 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €27,450 | €43,339 | +€15,889 | +57.9% |
| Income taxes | 67/77 | €3,722 | €15,282 | +€11,560 | +311% |
| Profit (loss) for the period | 9904 | €23,728 | €28,057 | +€4,329 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,728 | €28,057 | +€4,329 | +18.2% |
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 8 November 2026 via checked.be.