KADBANO: 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.
KADBANO
Largest movements
- Cash -€13,462
down €13,462 (-90.4%), from €14,888 to €1,426
mainly Receivables within one year (-€12,277) and Net result for the year (-€4,015)
- Receivables within one year +€12,277
up €12,277 (+1,812%), from €678 to €12,955
of which Other amounts receivable: +€12,153
- Tangible fixed assets -€3,123
down €3,123 (-31.8%), from €9,821 to €6,698
- Deferred charges and accrued income -€482
no longer reported in 2023 (was €482)
- Profit (loss) carried forward -€4,015
down €4,015 (-36.0%), from €11,150 to €7,135
- Other debts -€2,850
no longer reported in 2023 (was €2,850)
- Trade debts +€2,076
new in 2023: €2,076
- Turnover +€17,429
new in 2023: €17,429
- Gross operating margin -€4,618
down €4,618 (-88.0%), from €5,249 to €631
- Financial charges +€629
up €629 (+197%), from €319 to €949
of which Non-recurring financial charges: +€676
- Other operating charges +€575
up €575, from €0 to €575
- Taxes -€476
no longer reported in 2023 (was €476)
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 | €40,869 | €36,080 | -€4,789 | -11.7% |
| Fixed assets | 21/28 | €9,821 | €6,698 | -€3,123 | -31.8% |
| Tangible fixed assets | 22/27 | €9,821 | €6,698 | -€3,123 | -31.8% |
| Furniture and vehicles | 24 | €9,821 | €6,698 | -€3,123 | -31.8% |
| Current assets | 29/58 | €31,048 | €29,381 | -€1,667 | -5.4% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €678 | €12,955 | +€12,277 | +1,812% |
| Trade receivables | 40 | - | €124 | +€124 | |
| Other amounts receivable | 41 | €678 | €12,831 | +€12,153 | +1,793% |
| Cash at bank and in hand | 54/58 | €14,888 | €1,426 | -€13,462 | -90.4% |
| Deferred charges and accrued income | 490/1 | €482 | - | -€482 | |
| Total equity and liabilities | 10/49 | €40,869 | €36,080 | -€4,789 | -11.7% |
| Equity | 10/15 | €36,042 | €32,027 | -€4,015 | -11.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,150 | €7,135 | -€4,015 | -36.0% |
| Amounts payable | 17/49 | €4,827 | €4,053 | -€774 | -16.0% |
| Amounts payable within one year | 42/48 | €4,827 | €4,053 | -€774 | -16.0% |
| Trade debts | 44 | - | €2,076 | +€2,076 | |
| Suppliers | 440/4 | - | €2,076 | +€2,076 | |
| Taxes, remuneration and social security | 45 | €1,977 | €1,977 | = | 0.0% |
| Taxes | 450/3 | €1,977 | €1,977 | = | 0.0% |
| Other amounts payable | 47/48 | €2,850 | - | -€2,850 | |
| Turnover | 70 | - | €17,429 | +€17,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,669 | €3,123 | +€453 | +17.0% |
| Other operating charges | 640/8 | €0 | €575 | +€575 | |
| Gross operating margin | 9900 | €5,249 | €631 | -€4,618 | -88.0% |
| Operating profit (loss) | 9901 | €2,580 | -€3,067 | -€5,646 | |
| Financial charges | 65/66B | €319 | €949 | +€629 | +197% |
| Recurring financial charges | 65 | €319 | €273 | -€46 | -14.5% |
| Non-recurring financial charges | 66B | - | €676 | +€676 | |
| Profit (loss) for the period before taxes | 9903 | €2,261 | -€4,015 | -€6,276 | |
| Income taxes | 67/77 | €476 | - | -€476 | |
| Profit (loss) for the period | 9904 | €1,784 | -€4,015 | -€5,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,784 | -€4,015 | -€5,800 |
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 28 October 2026 via checked.be.