KAFE OLE: 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.
KAFE OLE
Largest movements
- Receivables within one year +€22,102
up €22,102 (+38.6%), from €57,286 to €79,387
of which Trade receivables: +€14,566
- Deferred charges and accrued income -€14,965
down €14,965 (-89.9%), from €16,646 to €1,681
- Tangible fixed assets -€9,904
down €9,904 (-24.2%), from €40,845 to €30,941
of which Other tangible fixed assets: -€5,726
- Cash -€6,473
down €6,473 (-24.0%), from €27,024 to €20,551
mainly Receivables within one year (-€22,102) and Other debts (-€9,936)
- Stocks and contracts -€5,637
down €5,637 (-55.1%), from €10,237 to €4,600
- Other debts -€9,936
no longer reported in 2024 (was €9,936)
- Trade debts +€8,849
up €8,849 (+54.8%), from €16,140 to €24,988
- Profit (loss) carried forward -€7,275
down €7,275 (-78.2%), from -€9,303 to -€16,578
- Debts after one year -€2,390
down €2,390 (-99.0%), from €2,415 to €25
of which Financial debts: -€2,390
- Current portion of long-term debt -€2,353
down €2,353 (-49.6%), from €4,743 to €2,390
- Gross operating margin -€82,405
down €82,405 (-44.5%), from €185,141 to €102,736
- Staff costs -€78,615
down €78,615 (-45.5%), from €172,756 to €94,140
- Depreciation -€3,148
down €3,148 (-24.1%), from €13,053 to €9,904
- Other operating charges -€2,074
down €2,074 (-49.8%), from €4,164 to €2,090
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.
Derived cash bridge
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 | €156,537 | €141,659 | -€14,878 | -9.5% |
| Fixed assets | 21/28 | €45,345 | €35,441 | -€9,904 | -21.8% |
| Tangible fixed assets | 22/27 | €40,845 | €30,941 | -€9,904 | -24.2% |
| Plant, machinery and equipment | 23 | €11,425 | €7,685 | -€3,740 | -32.7% |
| Furniture and vehicles | 24 | €439 | - | -€439 | |
| Other tangible fixed assets | 26 | €28,981 | €23,256 | -€5,726 | -19.8% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €111,192 | €106,219 | -€4,974 | -4.5% |
| Stocks and contracts in progress | 3 | €10,237 | €4,600 | -€5,637 | -55.1% |
| Stocks | 30/36 | €10,237 | €4,600 | -€5,637 | -55.1% |
| Amounts receivable within one year | 40/41 | €57,286 | €79,387 | +€22,102 | +38.6% |
| Trade receivables | 40 | €8,776 | €23,342 | +€14,566 | +166% |
| Other amounts receivable | 41 | €48,510 | €56,045 | +€7,535 | +15.5% |
| Cash at bank and in hand | 54/58 | €27,024 | €20,551 | -€6,473 | -24.0% |
| Deferred charges and accrued income | 490/1 | €16,646 | €1,681 | -€14,965 | -89.9% |
| Total equity and liabilities | 10/49 | €156,537 | €141,659 | -€14,878 | -9.5% |
| Equity | 10/15 | €99,618 | €92,343 | -€7,275 | -7.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €88,921 | €88,921 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,000 | €42,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €42,000 | €42,000 | = | 0.0% |
| Distributable reserves | 133 | €46,921 | €46,921 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,303 | -€16,578 | -€7,275 | -78.2% |
| Amounts payable | 17/49 | €56,919 | €49,316 | -€7,603 | -13.4% |
| Amounts payable after more than one year | 17 | €2,415 | €25 | -€2,390 | -99.0% |
| Financial debts | 170/4 | €2,390 | - | -€2,390 | |
| Other amounts payable | 178/9 | €25 | €25 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,515 | €49,010 | -€4,505 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €4,743 | €2,390 | -€2,353 | -49.6% |
| Trade debts | 44 | €16,140 | €24,988 | +€8,849 | +54.8% |
| Suppliers | 440/4 | €16,140 | €24,988 | +€8,849 | +54.8% |
| Taxes, remuneration and social security | 45 | €22,696 | €21,632 | -€1,064 | -4.7% |
| Taxes | 450/3 | €1,657 | €827 | -€830 | -50.1% |
| Remuneration and social security | 454/9 | €21,040 | €20,805 | -€235 | -1.1% |
| Other amounts payable | 47/48 | €9,936 | - | -€9,936 | |
| Accrued charges and deferred income | 492/3 | €989 | €281 | -€708 | -71.6% |
| Remuneration, social security and pensions | 62 | €172,756 | €94,140 | -€78,615 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,053 | €9,904 | -€3,148 | -24.1% |
| Other operating charges | 640/8 | €4,164 | €2,090 | -€2,074 | -49.8% |
| Non-recurring operating charges | 66A | €1,824 | €2,599 | +€775 | +42.5% |
| Gross operating margin | 9900 | €185,141 | €102,736 | -€82,405 | -44.5% |
| Operating profit (loss) | 9901 | -€6,655 | -€5,997 | +€658 | +9.9% |
| Financial income | 75/76B | €171 | €1,200 | +€1,029 | +601% |
| Recurring financial income | 75 | €171 | €1,200 | +€1,029 | +601% |
| Financial charges | 65/66B | €2,790 | €2,493 | -€297 | -10.6% |
| Recurring financial charges | 65 | €2,790 | €2,493 | -€297 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,274 | -€7,290 | +€1,984 | +21.4% |
| Income taxes | 67/77 | €29 | -€15 | -€44 | |
| Profit (loss) for the period | 9904 | -€9,303 | -€7,275 | +€2,028 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,303 | -€7,275 | +€2,028 | +21.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.