KALAAI: 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.
KALAAI
Largest movements
- Receivables within one year -€55,434
down €55,434 (-99.7%), from €55,608 to €175
of which Trade receivables: -€53,771
- Tangible fixed assets -€12,264
down €12,264 (-1.9%), from €638,665 to €626,402
of which Land and buildings: -€51,234
- Advances received -€52,305
no longer reported in 2024 (was €52,305)
- Current portion of long-term debt -€31,059
no longer reported in 2024 (was €31,059)
- Reserves +€17,675
up €17,675 (+14.9%), from €118,666 to €136,341
of which Distributable reserves: +€31,212
- Depreciation -€16,844
down €16,844 (-20.8%), from €80,988 to €64,144
- Gross operating margin +€8,409
up €8,409 (+9.3%), from €90,500 to €98,909
- Financial income -€4,890
down €4,890 (-99.2%), from €4,927 to €38
- Staff costs +€3,861
up €3,861 (+44.6%), from €8,663 to €12,524
- Taxes -€3,412
no longer reported in 2024 (was €3,412)
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 | €701,897 | €634,646 | -€67,251 | -9.6% |
| Fixed assets | 21/28 | €638,665 | €626,402 | -€12,264 | -1.9% |
| Tangible fixed assets | 22/27 | €638,665 | €626,402 | -€12,264 | -1.9% |
| Land and buildings | 22 | €310,727 | €259,493 | -€51,234 | -16.5% |
| Furniture and vehicles | 24 | €415 | €51,083 | +€50,668 | +12205.3% |
| Other tangible fixed assets | 26 | €327,523 | €315,825 | -€11,697 | -3.6% |
| Current assets | 29/58 | €63,232 | €8,245 | -€54,987 | -87.0% |
| Amounts receivable within one year | 40/41 | €55,608 | €175 | -€55,434 | -99.7% |
| Trade receivables | 40 | €53,883 | €112 | -€53,771 | -99.8% |
| Other amounts receivable | 41 | €1,725 | €63 | -€1,662 | -96.4% |
| Cash at bank and in hand | 54/58 | €4,448 | €4,148 | -€300 | -6.7% |
| Deferred charges and accrued income | 490/1 | €3,175 | €3,922 | +€746 | +23.5% |
| Total equity and liabilities | 10/49 | €701,897 | €634,646 | -€67,251 | -9.6% |
| Equity | 10/15 | €148,666 | €166,341 | +€17,675 | +11.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €118,666 | €136,341 | +€17,675 | +14.9% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €60,729 | €47,192 | -€13,537 | -22.3% |
| Distributable reserves | 133 | €54,937 | €86,150 | +€31,212 | +56.8% |
| Provisions and deferred taxes | 16 | €30,640 | €23,872 | -€6,768 | -22.1% |
| Deferred taxes | 168 | €30,640 | €23,872 | -€6,768 | -22.1% |
| Amounts payable | 17/49 | €522,591 | €444,433 | -€78,158 | -15.0% |
| Amounts payable after more than one year | 17 | €402,135 | €396,120 | -€6,015 | -1.5% |
| Financial debts | 170/4 | €402,135 | €396,120 | -€6,015 | -1.5% |
| Amounts payable within one year | 42/48 | €115,182 | €41,961 | -€73,220 | -63.6% |
| Current portion of amounts payable after more than one year | 42 | €31,059 | - | -€31,059 | |
| Trade debts | 44 | €23,145 | €27,764 | +€4,619 | +20.0% |
| Suppliers | 440/4 | €23,145 | €27,764 | +€4,619 | +20.0% |
| Advances received on contracts in progress | 46 | €52,305 | - | -€52,305 | |
| Taxes, remuneration and social security | 45 | €1,413 | €3,817 | +€2,404 | +170.2% |
| Taxes | 450/3 | €1,413 | €3,817 | +€2,404 | +170.2% |
| Other amounts payable | 47/48 | €7,260 | €10,380 | +€3,120 | +43.0% |
| Accrued charges and deferred income | 492/3 | €5,274 | €6,351 | +€1,077 | +20.4% |
| Remuneration, social security and pensions | 62 | €8,663 | €12,524 | +€3,861 | +44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,988 | €64,144 | -€16,844 | -20.8% |
| Other operating charges | 640/8 | €10,003 | €10,031 | +€29 | +0.3% |
| Gross operating margin | 9900 | €90,500 | €98,909 | +€8,409 | +9.3% |
| Operating profit (loss) | 9901 | -€9,154 | €12,210 | +€21,364 | |
| Financial income | 75/76B | €4,927 | €38 | -€4,890 | -99.2% |
| Recurring financial income | 75 | €4,927 | €38 | -€4,890 | -99.2% |
| Financial charges | 65/66B | €1,871 | €1,340 | -€531 | -28.4% |
| Recurring financial charges | 65 | €1,871 | €1,340 | -€531 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,098 | €10,907 | +€17,005 | |
| Transfer from deferred taxes | 780 | €6,818 | €6,768 | -€50 | -0.7% |
| Income taxes | 67/77 | €3,412 | - | -€3,412 | |
| Profit (loss) for the period | 9904 | -€2,691 | €17,675 | +€20,366 | |
| Transfer from tax-exempt reserves | 789 | €13,638 | €13,537 | -€101 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,947 | €31,212 | +€20,265 | +185.1% |
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 7 October 2026 via checked.be.