Kadek: 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.
Kadek
Largest movements
- Cash +€37,110
up €37,110 (+26.5%), from €140,180 to €177,290
mainly Other debts (+€123,080) and Net result for the year (+€73,000)
- Deferred charges and accrued income +€22,973
up €22,973 (+16125.1%), from €142 to €23,116
- Current investments +€16,161
new in 2023: €16,161
- Receivables within one year -€8,967
down €8,967 (-54.9%), from €16,322 to €7,355
of which Trade receivables: -€13,946
- Other debts +€123,080
up €123,080 (+6410.4%), from €1,920 to €125,000
- Reserves -€52,000
down €52,000 (-39.9%), from €130,381 to €78,381
- Tax, wage and social debts -€3,953
down €3,953 (-29.9%), from €13,200 to €9,248
- Gross operating margin +€19,117
up €19,117 (+25.7%), from €74,475 to €93,593
- Taxes +€4,426
up €4,426 (+29.4%), from €15,078 to €19,505
- Financial income +€1,353
up €1,353 (+13534300.0%), from €0 to €1,353
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 | €159,258 | €225,730 | +€66,472 | +41.7% |
| Fixed assets | 21/28 | €2,614 | €1,809 | -€806 | -30.8% |
| Tangible fixed assets | 22/27 | €2,509 | €1,704 | -€806 | -32.1% |
| Furniture and vehicles | 24 | €2,509 | €1,704 | -€806 | -32.1% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €156,644 | €223,922 | +€67,278 | +42.9% |
| Amounts receivable within one year | 40/41 | €16,322 | €7,355 | -€8,967 | -54.9% |
| Trade receivables | 40 | €14,400 | €454 | -€13,946 | -96.8% |
| Other amounts receivable | 41 | €1,922 | €6,901 | +€4,980 | +259.1% |
| Current investments | 50/53 | - | €16,161 | +€16,161 | |
| Cash at bank and in hand | 54/58 | €140,180 | €177,290 | +€37,110 | +26.5% |
| Deferred charges and accrued income | 490/1 | €142 | €23,116 | +€22,973 | +16125.1% |
| Total equity and liabilities | 10/49 | €159,258 | €225,730 | +€66,472 | +41.7% |
| Equity | 10/15 | €135,381 | €83,381 | -€52,000 | -38.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €130,381 | €78,381 | -€52,000 | -39.9% |
| Distributable reserves | 133 | €130,381 | €78,381 | -€52,000 | -39.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €23,877 | €142,349 | +€118,472 | +496.2% |
| Amounts payable after more than one year | 17 | - | €1,336 | +€1,336 | |
| Other amounts payable | 178/9 | - | €1,336 | +€1,336 | |
| Amounts payable within one year | 42/48 | €23,877 | €141,013 | +€117,136 | +490.6% |
| Trade debts | 44 | €8,756 | €6,765 | -€1,991 | -22.7% |
| Suppliers | 440/4 | €8,756 | €6,765 | -€1,991 | -22.7% |
| Taxes, remuneration and social security | 45 | €13,200 | €9,248 | -€3,953 | -29.9% |
| Taxes | 450/3 | €13,200 | €9,248 | -€3,953 | -29.9% |
| Other amounts payable | 47/48 | €1,920 | €125,000 | +€123,080 | +6410.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €806 | €806 | = | 0.0% |
| Other operating charges | 640/8 | €965 | €1,543 | +€578 | +60.0% |
| Gross operating margin | 9900 | €74,475 | €93,593 | +€19,117 | +25.7% |
| Operating profit (loss) | 9901 | €72,705 | €91,244 | +€18,539 | +25.5% |
| Financial income | 75/76B | €0 | €1,353 | +€1,353 | +13534300.0% |
| Recurring financial income | 75 | €0 | €1,353 | +€1,353 | +13534300.0% |
| Financial charges | 65/66B | €39 | €93 | +€54 | +137.7% |
| Recurring financial charges | 65 | €39 | €93 | +€54 | +137.7% |
| Profit (loss) for the period before taxes | 9903 | €72,666 | €92,504 | +€19,839 | +27.3% |
| Income taxes | 67/77 | €15,078 | €19,505 | +€4,426 | +29.4% |
| Profit (loss) for the period | 9904 | €57,587 | €73,000 | +€15,412 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,587 | €73,000 | +€15,412 | +26.8% |
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 7 October 2026 via checked.be.