K H & S: 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 H & S
Largest movements
- Cash -€3,826
down €3,826 (-49.1%), from €7,787 to €3,961
mainly Tax, wage and social debts (-€27,409) and Trade debts (-€24,559)
- Profit (loss) carried forward +€49,541
up €49,541 (+24.1%), from €205,927 to €255,468
- Tax, wage and social debts -€27,409
down €27,409 (-39.3%), from €69,750 to €42,341
of which Remuneration and social security: -€43,409
- Trade debts -€24,559
down €24,559 (-52.3%), from €47,002 to €22,443
- Other operating charges -€78,856
down €78,856 (-32.4%), from €243,401 to €164,545
- Gross operating margin -€77,221
down €77,221 (-27.8%), from €277,826 to €200,606
- Financial charges -€3,392
down €3,392 (-92.8%), from €3,654 to €262
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.
Derived cash bridge
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 | €343,139 | €340,712 | -€2,427 | -0.7% |
| Fixed assets | 21/28 | €5,866 | €6,904 | +€1,038 | +17.7% |
| Tangible fixed assets | 22/27 | €5,866 | €6,904 | +€1,038 | +17.7% |
| Plant, machinery and equipment | 23 | €947 | €728 | -€219 | -23.1% |
| Furniture and vehicles | 24 | €4,920 | €6,176 | +€1,257 | +25.5% |
| Current assets | 29/58 | €337,273 | €333,808 | -€3,465 | -1.0% |
| Amounts receivable within one year | 40/41 | €327,457 | €327,614 | +€157 | 0.0% |
| Trade receivables | 40 | €50,193 | €68,373 | +€18,180 | +36.2% |
| Other amounts receivable | 41 | €277,264 | €259,241 | -€18,023 | -6.5% |
| Cash at bank and in hand | 54/58 | €7,787 | €3,961 | -€3,826 | -49.1% |
| Deferred charges and accrued income | 490/1 | €2,028 | €2,233 | +€204 | +10.1% |
| Total equity and liabilities | 10/49 | €343,139 | €340,712 | -€2,427 | -0.7% |
| Equity | 10/15 | €226,387 | €275,928 | +€49,541 | +21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,927 | €255,468 | +€49,541 | +24.1% |
| Amounts payable | 17/49 | €116,752 | €64,784 | -€51,968 | -44.5% |
| Amounts payable within one year | 42/48 | €116,752 | €64,784 | -€51,968 | -44.5% |
| Trade debts | 44 | €47,002 | €22,443 | -€24,559 | -52.3% |
| Suppliers | 440/4 | €47,002 | €22,443 | -€24,559 | -52.3% |
| Taxes, remuneration and social security | 45 | €69,750 | €42,341 | -€27,409 | -39.3% |
| Taxes | 450/3 | €26,341 | €42,341 | +€16,000 | +60.7% |
| Remuneration and social security | 454/9 | €43,409 | - | -€43,409 | |
| Remuneration, social security and pensions | 62 | €35 | €221 | +€186 | +538% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,628 | €2,037 | +€409 | +25.1% |
| Other operating charges | 640/8 | €243,401 | €164,545 | -€78,856 | -32.4% |
| Gross operating margin | 9900 | €277,826 | €200,606 | -€77,221 | -27.8% |
| Operating profit (loss) | 9901 | €32,763 | €33,803 | +€1,040 | +3.2% |
| Financial income | 75/76B | €601 | €0 | -€601 | -100.0% |
| Recurring financial income | 75 | €601 | €0 | -€601 | -100.0% |
| Financial charges | 65/66B | €3,654 | €262 | -€3,392 | -92.8% |
| Recurring financial charges | 65 | €3,654 | €262 | -€3,392 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €29,711 | €33,541 | +€3,831 | +12.9% |
| Income taxes | 67/77 | -€17,111 | -€16,000 | +€1,111 | +6.5% |
| Profit (loss) for the period | 9904 | €46,822 | €49,541 | +€2,720 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,822 | €49,541 | +€2,720 | +5.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.