Kaizen Communication & Branding: what changed
Kaizen Communication & Branding
Largest movements
- Receivables within one year +€13,471
up €13,471 (+1,271%), from €1,060 to €14,530
of which Trade receivables: +€14,530
- Cash -€10,719
down €10,719 (-11.3%), from €95,212 to €84,493
mainly Other debts (-€16,176) and Receivables within one year (-€13,471)
- Tangible fixed assets +€8,791
up €8,791 (+11,329%), from €78 to €8,869
- Reserves +€26,148
up €26,148 (+122%), from €21,502 to €47,649
- Other debts -€16,176
down €16,176 (-31.5%), from €51,341 to €35,165
- Tax, wage and social debts +€2,324
up €2,324 (+158%), from €1,468 to €3,792
- Trade debts -€1,324
down €1,324 (-37.5%), from €3,530 to €2,206
- Gross operating margin +€17,137
up €17,137 (+70.3%), from €24,373 to €41,510
- Depreciation +€3,519
up €3,519 (+1,102%), from €319 to €3,838
- Taxes +€2,056
up €2,056 (+29.0%), from €7,101 to €9,157
- Other operating charges +€610
up €610 (+40.6%), from €1,503 to €2,113
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,441 | €107,892 | +€11,451 | +11.9% |
| Fixed assets | 21/28 | €78 | €8,869 | +€8,791 | +11,329% |
| Tangible fixed assets | 22/27 | €78 | €8,869 | +€8,791 | +11,329% |
| Furniture and vehicles | 24 | €78 | €8,869 | +€8,791 | +11,329% |
| Current assets | 29/58 | €96,363 | €99,023 | +€2,660 | +2.8% |
| Amounts receivable within one year | 40/41 | €1,060 | €14,530 | +€13,471 | +1,271% |
| Trade receivables | 40 | €0 | €14,530 | +€14,530 | |
| Other amounts receivable | 41 | €1,060 | €0 | -€1,060 | -100% |
| Cash at bank and in hand | 54/58 | €95,212 | €84,493 | -€10,719 | -11.3% |
| Deferred charges and accrued income | 490/1 | €92 | €0 | -€92 | -100% |
| Total equity and liabilities | 10/49 | €96,441 | €107,892 | +€11,451 | +11.9% |
| Equity | 10/15 | €40,102 | €66,249 | +€26,148 | +65.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,502 | €47,649 | +€26,148 | +122% |
| Distributable reserves | 133 | €21,502 | €47,649 | +€26,148 | +122% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €56,339 | €41,643 | -€14,697 | -26.1% |
| Amounts payable within one year | 42/48 | €56,339 | €41,164 | -€15,175 | -26.9% |
| Trade debts | 44 | €3,530 | €2,206 | -€1,324 | -37.5% |
| Suppliers | 440/4 | €3,530 | €2,206 | -€1,324 | -37.5% |
| Taxes, remuneration and social security | 45 | €1,468 | €3,792 | +€2,324 | +158% |
| Taxes | 450/3 | €1,468 | €3,792 | +€2,324 | +158% |
| Other amounts payable | 47/48 | €51,341 | €35,165 | -€16,176 | -31.5% |
| Accrued charges and deferred income | 492/3 | - | €479 | +€479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €3,838 | +€3,519 | +1,102% |
| Other operating charges | 640/8 | €1,503 | €2,113 | +€610 | +40.6% |
| Gross operating margin | 9900 | €24,373 | €41,510 | +€17,137 | +70.3% |
| Operating profit (loss) | 9901 | €22,551 | €35,559 | +€13,008 | +57.7% |
| Financial income | 75/76B | €30 | €0 | -€30 | -100% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -100% |
| Financial charges | 65/66B | €408 | €255 | -€154 | -37.6% |
| Recurring financial charges | 65 | €408 | €255 | -€154 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €22,172 | €35,305 | +€13,132 | +59.2% |
| Income taxes | 67/77 | €7,101 | €9,157 | +€2,056 | +29.0% |
| Profit (loss) for the period | 9904 | €15,072 | €26,148 | +€11,076 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,072 | €26,148 | +€11,076 | +73.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.