K-PerforM: what changed
Two fiscal 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-PerforM
Largest movements
- Cash +€14,206
up €14,206 (+138.6%), from €10,249 to €24,455
mainly Net result for the year (+€32,516) and Depreciation (+€8,594)
- Receivables within one year +€10,983
up €10,983 (+39.4%), from €27,850 to €38,833
- Tangible fixed assets +€7,384
up €7,384 (+34.2%), from €21,561 to €28,945
of which Other tangible fixed assets: +€4,180
- Intangible fixed assets -€3,500
down €3,500 (-14.3%), from €24,500 to €21,000
- Profit (loss) carried forward +€32,516
up €32,516 (+52.9%), from €61,457 to €93,973
- Debts after one year -€7,285
down €7,285 (-74.7%), from €9,753 to €2,468
- Tax, wage and social debts +€4,368
up €4,368 (+425.3%), from €1,027 to €5,395
- Current portion of long-term debt -€1,202
down €1,202 (-14.2%), from €8,487 to €7,285
- Trade debts +€1,199
up €1,199 (+79.6%), from €1,506 to €2,705
- Gross operating margin +€18,723
up €18,723 (+50.3%), from €37,219 to €55,942
- Taxes +€7,258
up €7,258 (+120.4%), from €6,027 to €13,285
- Depreciation -€2,344
down €2,344 (-21.4%), from €10,938 to €8,594
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 | €85,230 | €114,826 | +€29,596 | +34.7% |
| Formation expenses | 20 | €234 | - | -€234 | |
| Fixed assets | 21/28 | €46,061 | €49,945 | +€3,884 | +8.4% |
| Intangible fixed assets | 21 | €24,500 | €21,000 | -€3,500 | -14.3% |
| Tangible fixed assets | 22/27 | €21,561 | €28,945 | +€7,384 | +34.2% |
| Plant, machinery and equipment | 23 | €15,282 | €16,652 | +€1,370 | +9.0% |
| Furniture and vehicles | 24 | €140 | €1,974 | +€1,834 | +1310.0% |
| Other tangible fixed assets | 26 | €6,139 | €10,319 | +€4,180 | +68.1% |
| Current assets | 29/58 | €38,935 | €64,881 | +€25,946 | +66.6% |
| Amounts receivable within one year | 40/41 | €27,850 | €38,833 | +€10,983 | +39.4% |
| Trade receivables | 40 | €27,850 | €38,833 | +€10,983 | +39.4% |
| Cash at bank and in hand | 54/58 | €10,249 | €24,455 | +€14,206 | +138.6% |
| Deferred charges and accrued income | 490/1 | €836 | €1,593 | +€757 | +90.6% |
| Total equity and liabilities | 10/49 | €85,230 | €114,826 | +€29,596 | +34.7% |
| Equity | 10/15 | €64,457 | €96,973 | +€32,516 | +50.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,457 | €93,973 | +€32,516 | +52.9% |
| Amounts payable | 17/49 | €20,773 | €17,853 | -€2,920 | -14.1% |
| Amounts payable after more than one year | 17 | €9,753 | €2,468 | -€7,285 | -74.7% |
| Financial debts | 170/4 | €9,753 | €2,468 | -€7,285 | -74.7% |
| Amounts payable within one year | 42/48 | €11,020 | €15,385 | +€4,365 | +39.6% |
| Current portion of amounts payable after more than one year | 42 | €8,487 | €7,285 | -€1,202 | -14.2% |
| Trade debts | 44 | €1,506 | €2,705 | +€1,199 | +79.6% |
| Suppliers | 440/4 | €1,506 | €2,705 | +€1,199 | +79.6% |
| Taxes, remuneration and social security | 45 | €1,027 | €5,395 | +€4,368 | +425.3% |
| Taxes | 450/3 | €1,027 | €5,395 | +€4,368 | +425.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,938 | €8,594 | -€2,344 | -21.4% |
| Other operating charges | 640/8 | €971 | €788 | -€183 | -18.8% |
| Non-recurring operating charges | 66A | €898 | €234 | -€664 | -73.9% |
| Gross operating margin | 9900 | €37,219 | €55,942 | +€18,723 | +50.3% |
| Operating profit (loss) | 9901 | €24,412 | €46,326 | +€21,914 | +89.8% |
| Financial charges | 65/66B | €735 | €525 | -€210 | -28.6% |
| Recurring financial charges | 65 | €735 | €525 | -€210 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €23,677 | €45,801 | +€22,124 | +93.4% |
| Income taxes | 67/77 | €6,027 | €13,285 | +€7,258 | +120.4% |
| Profit (loss) for the period | 9904 | €17,650 | €32,516 | +€14,866 | +84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,650 | €32,516 | +€14,866 | +84.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.