kaeon: 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.
kaeon
Largest movements
- Cash -€33,615
down €33,615 (-43.3%), from €77,617 to €44,002
mainly Net result for the year (-€20,104) and Receivables within one year (-€10,215)
- Receivables within one year +€10,215
up €10,215 (+78.8%), from €12,963 to €23,177
of which Trade receivables: +€8,422
- Deferred charges and accrued income +€2,584
up €2,584 (+158.6%), from €1,629 to €4,213
- Profit (loss) carried forward -€20,104
down €20,104 (-38.8%), from €51,805 to €31,701
- Other debts -€2,441
down €2,441 (-8.6%), from €28,390 to €25,948
- Trade debts +€1,151
up €1,151 (+847.0%), from €136 to €1,287
- Tax, wage and social debts +€1,071
up €1,071 (+249.4%), from €429 to €1,500
of which Remuneration and social security: +€1,500
- Gross operating margin -€31,736
down €31,736, from €16,483 to -€15,253
- Taxes -€3,222
down €3,222 (-96.2%), from €3,350 to €128
- Depreciation +€900
up €900 (+25.9%), from €3,476 to €4,376
- Financial income -€254
no longer reported in 2024 (was €254)
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 | €101,220 | €80,896 | -€20,324 | -20.1% |
| Fixed assets | 21/28 | €9,011 | €9,504 | +€493 | +5.5% |
| Tangible fixed assets | 22/27 | €8,986 | €9,479 | +€493 | +5.5% |
| Plant, machinery and equipment | 23 | €2,554 | €4,648 | +€2,094 | +82.0% |
| Furniture and vehicles | 24 | €4,720 | €3,547 | -€1,174 | -24.9% |
| Other tangible fixed assets | 26 | €1,712 | €1,284 | -€428 | -25.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €92,210 | €71,393 | -€20,817 | -22.6% |
| Amounts receivable within one year | 40/41 | €12,963 | €23,177 | +€10,215 | +78.8% |
| Trade receivables | 40 | €1,497 | €9,919 | +€8,422 | +562.6% |
| Other amounts receivable | 41 | €11,466 | €13,259 | +€1,793 | +15.6% |
| Cash at bank and in hand | 54/58 | €77,617 | €44,002 | -€33,615 | -43.3% |
| Deferred charges and accrued income | 490/1 | €1,629 | €4,213 | +€2,584 | +158.6% |
| Total equity and liabilities | 10/49 | €101,220 | €80,896 | -€20,324 | -20.1% |
| Equity | 10/15 | €72,265 | €52,161 | -€20,104 | -27.8% |
| 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 | €51,805 | €31,701 | -€20,104 | -38.8% |
| Amounts payable | 17/49 | €28,955 | €28,735 | -€220 | -0.8% |
| Amounts payable within one year | 42/48 | €28,955 | €28,735 | -€220 | -0.8% |
| Trade debts | 44 | €136 | €1,287 | +€1,151 | +847.0% |
| Suppliers | 440/4 | €136 | €1,287 | +€1,151 | +847.0% |
| Taxes, remuneration and social security | 45 | €429 | €1,500 | +€1,071 | +249.4% |
| Taxes | 450/3 | €429 | - | -€429 | |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €28,390 | €25,948 | -€2,441 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,476 | €4,376 | +€900 | +25.9% |
| Other operating charges | 640/8 | €357 | €253 | -€105 | -29.3% |
| Gross operating margin | 9900 | €16,483 | -€15,253 | -€31,736 | |
| Operating profit (loss) | 9901 | €12,649 | -€19,882 | -€32,532 | |
| Financial income | 75/76B | €254 | - | -€254 | |
| Recurring financial income | 75 | €254 | - | -€254 | |
| Financial charges | 65/66B | €88 | €94 | +€6 | +6.4% |
| Recurring financial charges | 65 | €88 | €94 | +€6 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €12,815 | -€19,976 | -€32,791 | |
| Income taxes | 67/77 | €3,350 | €128 | -€3,222 | -96.2% |
| Profit (loss) for the period | 9904 | €9,464 | -€20,104 | -€29,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,464 | -€20,104 | -€29,569 |
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 5 October 2026 via checked.be.