K.K. TRADERS: 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.K. TRADERS
Largest movements
- Cash -€9,249
down €9,249 (-16.8%), from €54,964 to €45,714
mainly Trade debts (-€8,706) and Current portion of long-term debt (-€1,154)
- Trade debts -€8,706
down €8,706 (-34.3%), from €25,349 to €16,643
- Reserves +€1,324
up €1,324 (+4.9%), from €26,830 to €28,154
of which Distributable reserves: +€1,324
- Current portion of long-term debt -€1,154
no longer reported in 2023 (was €1,154)
- Tax, wage and social debts -€1,127
down €1,127 (-40.6%), from €2,775 to €1,648
- Gross operating margin +€1,940
up €1,940 (+25.8%), from €7,529 to €9,470
- Depreciation -€1,267
down €1,267 (-79.2%), from €1,600 to €333
- Other operating charges +€704
up €704 (+30.7%), from €2,296 to €3,000
- Taxes +€510
up €510 (+89.7%), from €569 to €1,079
- Financial charges +€414
up €414 (+13.0%), from €3,197 to €3,611
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 | €76,445 | €67,707 | -€8,738 | -11.4% |
| Fixed assets | 21/28 | €333 | - | -€333 | |
| Tangible fixed assets | 22/27 | €333 | - | -€333 | |
| Furniture and vehicles | 24 | €333 | - | -€333 | |
| Current assets | 29/58 | €76,112 | €67,707 | -€8,405 | -11.0% |
| Stocks and contracts in progress | 3 | €21,148 | €21,821 | +€673 | +3.2% |
| Stocks | 30/36 | €21,148 | €21,821 | +€673 | +3.2% |
| Amounts receivable within one year | 40/41 | - | €172 | +€172 | |
| Other amounts receivable | 41 | - | €172 | +€172 | |
| Cash at bank and in hand | 54/58 | €54,964 | €45,714 | -€9,249 | -16.8% |
| Total equity and liabilities | 10/49 | €76,445 | €67,707 | -€8,738 | -11.4% |
| Equity | 10/15 | €45,298 | €46,754 | +€1,456 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,830 | €28,154 | +€1,324 | +4.9% |
| 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 | €24,970 | €26,294 | +€1,324 | +5.3% |
| Profit (loss) carried forward | 14 | -€132 | - | +€132 | |
| Amounts payable | 17/49 | €31,146 | €20,953 | -€10,194 | -32.7% |
| Amounts payable within one year | 42/48 | €31,146 | €20,953 | -€10,194 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €1,154 | - | -€1,154 | |
| Financial debts | 43 | €1,857 | €2,492 | +€635 | +34.2% |
| Credit institutions | 430/8 | €1,857 | €2,492 | +€635 | +34.2% |
| Trade debts | 44 | €25,349 | €16,643 | -€8,706 | -34.3% |
| Suppliers | 440/4 | €25,349 | €16,643 | -€8,706 | -34.3% |
| Taxes, remuneration and social security | 45 | €2,775 | €1,648 | -€1,127 | -40.6% |
| Taxes | 450/3 | €2,775 | €1,648 | -€1,127 | -40.6% |
| Other amounts payable | 47/48 | €12 | €170 | +€158 | +1,318% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,600 | €333 | -€1,267 | -79.2% |
| Other operating charges | 640/8 | €2,296 | €3,000 | +€704 | +30.7% |
| Gross operating margin | 9900 | €7,529 | €9,470 | +€1,940 | +25.8% |
| Operating profit (loss) | 9901 | €3,633 | €6,136 | +€2,503 | +68.9% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €3,197 | €3,611 | +€414 | +13.0% |
| Recurring financial charges | 65 | €3,197 | €3,611 | +€414 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €437 | €2,535 | +€2,099 | +481% |
| Income taxes | 67/77 | €569 | €1,079 | +€510 | +89.7% |
| Profit (loss) for the period | 9904 | -€132 | €1,456 | +€1,588 | |
| Profit (loss) for the period to be appropriated | 9905 | -€132 | €1,456 | +€1,588 |
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 17 October 2026 via checked.be.