K&I: 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&I
Largest movements
- Cash +€42,089
up €42,089 (+219.2%), from €19,202 to €61,291
mainly Net result for the year (+€57,353) and Depreciation (+€8,200)
- Tangible fixed assets -€8,200
down €8,200 (-70.4%), from €11,653 to €3,452
of which Other tangible fixed assets: -€7,501
- Stocks and contracts +€1,901
up €1,901 (+27.7%), from €6,876 to €8,777
- Profit (loss) carried forward +€57,353
up €57,353, from -€53,897 to €3,455
- Tax, wage and social debts -€15,567
down €15,567 (-45.2%), from €34,432 to €18,865
of which Remuneration and social security: -€18,843
- Trade debts -€4,028
down €4,028 (-11.5%), from €34,932 to €30,905
- Other debts -€2,000
down €2,000 (-15.2%), from €13,198 to €11,198
- Gross operating margin +€97,290
up €97,290 (+163.1%), from €59,640 to €156,930
- Staff costs -€13,096
down €13,096 (-13.4%), from €97,401 to €84,305
- Financial charges +€2,327
up €2,327 (+62.0%), from €3,752 to €6,080
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,665 | €74,423 | +€35,758 | +92.5% |
| Fixed assets | 21/28 | €11,653 | €3,452 | -€8,200 | -70.4% |
| Tangible fixed assets | 22/27 | €11,653 | €3,452 | -€8,200 | -70.4% |
| Plant, machinery and equipment | 23 | €1,337 | €637 | -€700 | -52.4% |
| Other tangible fixed assets | 26 | €10,316 | €2,816 | -€7,501 | -72.7% |
| Current assets | 29/58 | €27,012 | €70,971 | +€43,959 | +162.7% |
| Stocks and contracts in progress | 3 | €6,876 | €8,777 | +€1,901 | +27.7% |
| Stocks | 30/36 | €6,876 | €8,777 | +€1,901 | +27.7% |
| Amounts receivable within one year | 40/41 | €934 | €903 | -€31 | -3.4% |
| Trade receivables | 40 | €934 | €903 | -€31 | -3.4% |
| Cash at bank and in hand | 54/58 | €19,202 | €61,291 | +€42,089 | +219.2% |
| Total equity and liabilities | 10/49 | €38,665 | €74,423 | +€35,758 | +92.5% |
| Equity | 10/15 | -€43,897 | €13,455 | +€57,353 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,897 | €3,455 | +€57,353 | |
| Amounts payable | 17/49 | €82,562 | €60,968 | -€21,594 | -26.2% |
| Amounts payable within one year | 42/48 | €82,562 | €60,968 | -€21,594 | -26.2% |
| Trade debts | 44 | €34,932 | €30,905 | -€4,028 | -11.5% |
| Suppliers | 440/4 | €34,932 | €30,905 | -€4,028 | -11.5% |
| Taxes, remuneration and social security | 45 | €34,432 | €18,865 | -€15,567 | -45.2% |
| Taxes | 450/3 | €1,746 | €5,022 | +€3,276 | +187.6% |
| Remuneration and social security | 454/9 | €32,686 | €13,843 | -€18,843 | -57.6% |
| Other amounts payable | 47/48 | €13,198 | €11,198 | -€2,000 | -15.2% |
| Remuneration, social security and pensions | 62 | €97,401 | €84,305 | -€13,096 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,015 | €8,200 | -€815 | -9.0% |
| Other operating charges | 640/8 | €600 | - | -€600 | |
| Gross operating margin | 9900 | €59,640 | €156,930 | +€97,290 | +163.1% |
| Operating profit (loss) | 9901 | -€47,376 | €64,424 | +€111,801 | |
| Financial income | 75/76B | €1 | €22 | +€21 | +2789.3% |
| Recurring financial income | 75 | €1 | €22 | +€21 | +2789.3% |
| Financial charges | 65/66B | €3,752 | €6,080 | +€2,327 | +62.0% |
| Recurring financial charges | 65 | €3,752 | €6,080 | +€2,327 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | -€51,128 | €58,367 | +€109,494 | |
| Income taxes | 67/77 | - | €1,014 | +€1,014 | |
| Profit (loss) for the period | 9904 | -€51,128 | €57,353 | +€108,481 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,128 | €57,353 | +€108,481 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.