KAAZABEL: 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.
KAAZABEL
Largest movements
- Receivables within one year -€63,415
down €63,415 (-41.1%), from €154,329 to €90,914
of which Other amounts receivable: -€50,934
- Cash +€20,074
up €20,074 (+39.4%), from €50,996 to €71,069
mainly Receivables within one year (+€63,415) and Trade debts (+€47,791)
- Profit (loss) carried forward -€82,183
down €82,183, from €69,510 to -€12,673
- Trade debts +€47,791
up €47,791 (+224.0%), from €21,338 to €69,129
- Other debts -€9,683
down €9,683 (-10.2%), from €95,086 to €85,403
- Gross operating margin -€98,268
down €98,268, from €17,239 to -€81,028
- Taxes -€11,528
down €11,528 (-96.6%), from €11,928 to €400
- Financial income +€1,489
up €1,489 (+215814.5%), from €1 to €1,490
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.
Cash bridge derived
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 | €206,394 | €162,719 | -€43,675 | -21.2% |
| Fixed assets | 21/28 | €1,069 | €736 | -€333 | -31.2% |
| Tangible fixed assets | 22/27 | €333 | €0 | -€333 | -99.9% |
| Furniture and vehicles | 24 | €333 | €0 | -€333 | -99.9% |
| Financial fixed assets | 28 | €736 | €736 | = | 0.0% |
| Current assets | 29/58 | €205,325 | €161,983 | -€43,342 | -21.1% |
| Amounts receivable within one year | 40/41 | €154,329 | €90,914 | -€63,415 | -41.1% |
| Trade receivables | 40 | €97,093 | €84,612 | -€12,481 | -12.9% |
| Other amounts receivable | 41 | €57,236 | €6,302 | -€50,934 | -89.0% |
| Cash at bank and in hand | 54/58 | €50,996 | €71,069 | +€20,074 | +39.4% |
| Total equity and liabilities | 10/49 | €206,394 | €162,719 | -€43,675 | -21.2% |
| Equity | 10/15 | €89,970 | €7,787 | -€82,183 | -91.3% |
| 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 | €69,510 | -€12,673 | -€82,183 | |
| Amounts payable | 17/49 | €116,425 | €154,932 | +€38,508 | +33.1% |
| Amounts payable within one year | 42/48 | €116,425 | €154,932 | +€38,508 | +33.1% |
| Trade debts | 44 | €21,338 | €69,129 | +€47,791 | +224.0% |
| Suppliers | 440/4 | €21,338 | €69,129 | +€47,791 | +224.0% |
| Taxes, remuneration and social security | 45 | - | €400 | +€400 | |
| Taxes | 450/3 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €95,086 | €85,403 | -€9,683 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €333 | = | 0.0% |
| Other operating charges | 640/8 | €635 | €607 | -€27 | -4.3% |
| Gross operating margin | 9900 | €17,239 | -€81,028 | -€98,268 | |
| Operating profit (loss) | 9901 | €16,272 | -€81,969 | -€98,241 | |
| Financial income | 75/76B | €1 | €1,490 | +€1,489 | +215814.5% |
| Recurring financial income | 75 | €1 | €1,490 | +€1,489 | +215814.5% |
| Financial charges | 65/66B | €893 | €1,303 | +€411 | +46.0% |
| Recurring financial charges | 65 | €893 | €1,303 | +€411 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €15,380 | -€81,783 | -€97,162 | |
| Income taxes | 67/77 | €11,928 | €400 | -€11,528 | -96.6% |
| Profit (loss) for the period | 9904 | €3,452 | -€82,183 | -€85,635 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,452 | -€82,183 | -€85,635 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.