KAD WATERLOO: 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.
KAD WATERLOO
Largest movements
- Receivables within one year -€3,023
down €3,023 (-73.8%), from €4,099 to €1,076
of which Other amounts receivable: -€2,523
- Tangible fixed assets -€455
no longer reported in 2024 (was €455)
- Cash -€202
down €202 (-23.4%), from €863 to €661
mainly Tax, wage and social debts (-€6,444) and Trade debts (-€6,222)
- Other debts +€9,684
up €9,684 (+140.1%), from €6,914 to €16,598
- Tax, wage and social debts -€6,444
no longer reported in 2024 (was €6,444)
of which Taxes: -€3,516
- Trade debts -€6,222
no longer reported in 2024 (was €6,222)
- Profit (loss) carried forward -€699
down €699 (-2.1%), from -€32,763 to -€33,462
- Depreciation -€913
down €913 (-66.7%), from €1,369 to €455
- Financial charges +€12
new in 2024: €12
- Gross operating margin +€3
new in 2024: €3
- Purchases and services +€3
new in 2024: €3
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 | €5,417 | €1,737 | -€3,681 | -67.9% |
| Fixed assets | 21/28 | €455 | - | -€455 | |
| Tangible fixed assets | 22/27 | €455 | - | -€455 | |
| Furniture and vehicles | 24 | €455 | - | -€455 | |
| Current assets | 29/58 | €4,962 | €1,737 | -€3,225 | -65.0% |
| Amounts receivable within one year | 40/41 | €4,099 | €1,076 | -€3,023 | -73.8% |
| Trade receivables | 40 | €1,545 | €1,044 | -€501 | -32.4% |
| Other amounts receivable | 41 | €2,555 | €32 | -€2,523 | -98.7% |
| Cash at bank and in hand | 54/58 | €863 | €661 | -€202 | -23.4% |
| Total equity and liabilities | 10/49 | €5,417 | €1,737 | -€3,681 | -67.9% |
| Equity | 10/15 | -€14,163 | -€14,862 | -€699 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,763 | -€33,462 | -€699 | -2.1% |
| Amounts payable | 17/49 | €19,580 | €16,598 | -€2,982 | -15.2% |
| Amounts payable within one year | 42/48 | €19,580 | €16,598 | -€2,982 | -15.2% |
| Trade debts | 44 | €6,222 | - | -€6,222 | |
| Suppliers | 440/4 | €6,222 | - | -€6,222 | |
| Taxes, remuneration and social security | 45 | €6,444 | - | -€6,444 | |
| Taxes | 450/3 | €3,516 | - | -€3,516 | |
| Remuneration and social security | 454/9 | €2,928 | - | -€2,928 | |
| Other amounts payable | 47/48 | €6,914 | €16,598 | +€9,684 | +140.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3 | +€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,369 | €455 | -€913 | -66.7% |
| Non-recurring operating charges | 66A | - | €60 | +€60 | |
| Gross operating margin | 9900 | - | €3 | +€3 | |
| Operating profit (loss) | 9901 | -€1,369 | -€512 | +€856 | +62.6% |
| Financial charges | 65/66B | - | €12 | +€12 | |
| Recurring financial charges | 65 | - | €12 | +€12 | |
| Profit (loss) for the period before taxes | 9903 | -€1,369 | -€524 | +€845 | +61.7% |
| Profit (loss) for the period | 9904 | -€1,369 | -€524 | +€845 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,369 | -€524 | +€845 | +61.7% |
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 6 October 2026 via checked.be.