K.J.Y.: 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.J.Y.
Largest movements
- Receivables within one year +€37,327
up €37,327 (+115%), from €32,342 to €69,669
of which Trade receivables: +€46,820
- Cash +€17,125
up €17,125 (+6.5%), from €265,231 to €282,356
mainly Net result for the year (+€77,422) and Stocks and contracts (+€9,379)
- Receivables after one year +€12,000
up €12,000 (+40.0%), from €30,000 to €42,000
- Stocks and contracts -€9,379
down €9,379 (-38.8%), from €24,183 to €14,804
- Tangible fixed assets -€5,162
down €5,162 (-22.6%), from €22,796 to €17,634
of which Plant, machinery and equipment: -€3,680
- Reserves +€77,422
up €77,422 (+33.8%), from €228,781 to €306,203
of which Distributable reserves: +€77,422
- Trade debts -€14,292
down €14,292 (-40.8%), from €35,035 to €20,743
- Tax, wage and social debts -€11,455
down €11,455 (-10.9%), from €104,728 to €93,272
of which Remuneration and social security: -€15,980
- Staff costs +€86,803
up €86,803 (+27.7%), from €313,192 to €399,994
- Gross operating margin +€39,862
up €39,862 (+8.2%), from €484,562 to €524,425
- Depreciation -€17,791
down €17,791 (-68.1%), from €26,111 to €8,320
- Taxes -€10,079
down €10,079 (-22.7%), from €44,466 to €34,387
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.
Derived cash bridge
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 | €377,236 | €427,863 | +€50,627 | +13.4% |
| Fixed assets | 21/28 | €22,796 | €17,634 | -€5,162 | -22.6% |
| Tangible fixed assets | 22/27 | €22,796 | €17,634 | -€5,162 | -22.6% |
| Plant, machinery and equipment | 23 | €7,967 | €4,286 | -€3,680 | -46.2% |
| Furniture and vehicles | 24 | €14,830 | €13,348 | -€1,482 | -10.0% |
| Current assets | 29/58 | €354,440 | €410,229 | +€55,790 | +15.7% |
| Amounts receivable after more than one year | 29 | €30,000 | €42,000 | +€12,000 | +40.0% |
| Other amounts receivable | 291 | €30,000 | €42,000 | +€12,000 | +40.0% |
| Stocks and contracts in progress | 3 | €24,183 | €14,804 | -€9,379 | -38.8% |
| Stocks | 30/36 | €24,183 | €14,804 | -€9,379 | -38.8% |
| Amounts receivable within one year | 40/41 | €32,342 | €69,669 | +€37,327 | +115% |
| Trade receivables | 40 | €14,758 | €61,579 | +€46,820 | +317% |
| Other amounts receivable | 41 | €17,583 | €8,090 | -€9,493 | -54.0% |
| Cash at bank and in hand | 54/58 | €265,231 | €282,356 | +€17,125 | +6.5% |
| Deferred charges and accrued income | 490/1 | €2,684 | €1,400 | -€1,284 | -47.8% |
| Total equity and liabilities | 10/49 | €377,236 | €427,863 | +€50,627 | +13.4% |
| Equity | 10/15 | €236,426 | €313,848 | +€77,422 | +32.7% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €228,781 | €306,203 | +€77,422 | +33.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €226,922 | €304,344 | +€77,422 | +34.1% |
| Profit (loss) carried forward | 14 | €208 | €208 | = | 0.0% |
| Amounts payable | 17/49 | €140,810 | €114,015 | -€26,795 | -19.0% |
| Amounts payable within one year | 42/48 | €140,810 | €114,015 | -€26,795 | -19.0% |
| Trade debts | 44 | €35,035 | €20,743 | -€14,292 | -40.8% |
| Suppliers | 440/4 | €35,035 | €20,743 | -€14,292 | -40.8% |
| Advances received on contracts in progress | 46 | €1,048 | - | -€1,048 | |
| Taxes, remuneration and social security | 45 | €104,728 | €93,272 | -€11,455 | -10.9% |
| Taxes | 450/3 | €63,666 | €68,191 | +€4,525 | +7.1% |
| Remuneration and social security | 454/9 | €41,061 | €25,081 | -€15,980 | -38.9% |
| Remuneration, social security and pensions | 62 | €313,192 | €399,994 | +€86,803 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,111 | €8,320 | -€17,791 | -68.1% |
| Other operating charges | 640/8 | €1,104 | €934 | -€170 | -15.4% |
| Gross operating margin | 9900 | €484,562 | €524,425 | +€39,862 | +8.2% |
| Operating profit (loss) | 9901 | €144,155 | €115,176 | -€28,979 | -20.1% |
| Financial income | 75/76B | €3,480 | €346 | -€3,134 | -90.1% |
| Recurring financial income | 75 | €3,480 | €346 | -€3,134 | -90.1% |
| Financial charges | 65/66B | €5,641 | €3,712 | -€1,929 | -34.2% |
| Recurring financial charges | 65 | €5,641 | €3,712 | -€1,929 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €141,994 | €111,810 | -€30,184 | -21.3% |
| Income taxes | 67/77 | €44,466 | €34,387 | -€10,079 | -22.7% |
| Profit (loss) for the period | 9904 | €97,528 | €77,422 | -€20,105 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €97,528 | €77,422 | -€20,105 | -20.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.