KAGO GROUP: 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.
KAGO GROUP
Largest movements
- Receivables within one year +€2,330
up €2,330 (+601.7%), from €387 to €2,717
of which Trade receivables: +€2,717
- Cash +€160
up €160 (+84184.2%), from €0 to €160
mainly Other debts (+€1,285) and Advances received (+€1,024)
- Financial fixed assets +€46
new in 2024: €46
- Other debts +€1,285
up €1,285 (+152.0%), from €845 to €2,130
- Advances received +€1,024
new in 2024: €1,024
- Trade debts +€891
up €891 (+9206.3%), from €10 to €901
- Profit (loss) carried forward -€777
down €777 (-31.5%), from -€2,467 to -€3,244
- Tax, wage and social debts +€113
new in 2024: €113
- Gross operating margin +€1,754
up €1,754 (+71.2%), from -€2,464 to -€709
- Financial charges +€64
up €64 (+1857.8%), from €3 to €67
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 | €387 | €2,924 | +€2,536 | +654.6% |
| Fixed assets | 21/28 | - | €46 | +€46 | |
| Financial fixed assets | 28 | - | €46 | +€46 | |
| Current assets | 29/58 | €387 | €2,878 | +€2,490 | +642.7% |
| Amounts receivable within one year | 40/41 | €387 | €2,717 | +€2,330 | +601.7% |
| Trade receivables | 40 | - | €2,717 | +€2,717 | |
| Other amounts receivable | 41 | €387 | €0 | -€387 | -100.0% |
| Cash at bank and in hand | 54/58 | €0 | €160 | +€160 | +84184.2% |
| Total equity and liabilities | 10/49 | €387 | €2,924 | +€2,536 | +654.6% |
| Equity | 10/15 | -€467 | -€1,244 | -€777 | -166.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,467 | -€3,244 | -€777 | -31.5% |
| Amounts payable | 17/49 | €855 | €4,168 | +€3,313 | +387.6% |
| Amounts payable within one year | 42/48 | €855 | €4,168 | +€3,313 | +387.6% |
| Trade debts | 44 | €10 | €901 | +€891 | +9206.3% |
| Suppliers | 440/4 | €10 | €901 | +€891 | +9206.3% |
| Advances received on contracts in progress | 46 | - | €1,024 | +€1,024 | |
| Taxes, remuneration and social security | 45 | - | €113 | +€113 | |
| Taxes | 450/3 | - | €113 | +€113 | |
| Other amounts payable | 47/48 | €845 | €2,130 | +€1,285 | +152.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Gross operating margin | 9900 | -€2,464 | -€709 | +€1,754 | +71.2% |
| Operating profit (loss) | 9901 | -€2,464 | -€709 | +€1,754 | +71.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3 | €67 | +€64 | +1857.8% |
| Recurring financial charges | 65 | €3 | €67 | +€64 | +1857.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,467 | -€777 | +€1,691 | +68.5% |
| Profit (loss) for the period | 9904 | -€2,467 | -€777 | +€1,691 | +68.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,467 | -€777 | +€1,691 | +68.5% |
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 2 October 2026 via checked.be.