KALUPED: 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.
KALUPED
Largest movements
- Receivables after one year +€60,796
up €60,796 (+9.2%), from €663,867 to €724,663
- Receivables within one year +€32,042
up €32,042 (+7,000%), from €458 to €32,500
of which Other amounts receivable: +€32,500
- Reserves +€85,000
up €85,000 (+23.7%), from €359,360 to €444,360
of which Distributable reserves: +€85,000
- Tax, wage and social debts -€21,891
down €21,891 (-19.4%), from €112,991 to €91,100
- Current portion of long-term debt +€20,144
new in 2024: €20,144
- Gross operating margin -€19,167
down €19,167 (-14.9%), from €128,969 to €109,802
- Taxes -€9,200
down €9,200 (-21.4%), from €43,000 to €33,800
- Financial income -€4,790
down €4,790 (-22.1%), from €21,677 to €16,887
- Other operating charges -€2,725
down €2,725 (-92.1%), from €2,959 to €234
- Financial charges +€1,461
up €1,461 (+208%), from €702 to €2,163
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 | €665,412 | €757,283 | +€91,871 | +13.8% |
| Current assets | 29/58 | €665,412 | €757,283 | +€91,871 | +13.8% |
| Amounts receivable after more than one year | 29 | €663,867 | €724,663 | +€60,796 | +9.2% |
| Other amounts receivable | 291 | €663,867 | €724,663 | +€60,796 | +9.2% |
| Amounts receivable within one year | 40/41 | €458 | €32,500 | +€32,042 | +7,000% |
| Trade receivables | 40 | €458 | - | -€458 | |
| Other amounts receivable | 41 | - | €32,500 | +€32,500 | |
| Cash at bank and in hand | 54/58 | €972 | - | -€972 | |
| Deferred charges and accrued income | 490/1 | €115 | €120 | +€5 | +4.2% |
| Total equity and liabilities | 10/49 | €665,412 | €757,283 | +€91,871 | +13.8% |
| Equity | 10/15 | €548,782 | €639,274 | +€90,492 | +16.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €359,360 | €444,360 | +€85,000 | +23.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €357,500 | €442,500 | +€85,000 | +23.8% |
| Profit (loss) carried forward | 14 | €177,022 | €182,514 | +€5,492 | +3.1% |
| Amounts payable | 17/49 | €116,630 | €118,009 | +€1,379 | +1.2% |
| Amounts payable within one year | 42/48 | €116,630 | €118,009 | +€1,379 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | - | €20,144 | +€20,144 | |
| Financial debts | 43 | - | €3,461 | +€3,461 | |
| Credit institutions | 430/8 | - | €3,461 | +€3,461 | |
| Trade debts | 44 | €3,639 | €3,304 | -€335 | -9.2% |
| Suppliers | 440/4 | €3,639 | €3,304 | -€335 | -9.2% |
| Taxes, remuneration and social security | 45 | €112,991 | €91,100 | -€21,891 | -19.4% |
| Taxes | 450/3 | €112,991 | €91,100 | -€21,891 | -19.4% |
| Other operating charges | 640/8 | €2,959 | €234 | -€2,725 | -92.1% |
| Gross operating margin | 9900 | €128,969 | €109,802 | -€19,167 | -14.9% |
| Operating profit (loss) | 9901 | €126,010 | €109,568 | -€16,442 | -13.0% |
| Financial income | 75/76B | €21,677 | €16,887 | -€4,790 | -22.1% |
| Recurring financial income | 75 | €21,677 | €16,887 | -€4,790 | -22.1% |
| Financial charges | 65/66B | €702 | €2,163 | +€1,461 | +208% |
| Recurring financial charges | 65 | €702 | €2,163 | +€1,461 | +208% |
| Profit (loss) for the period before taxes | 9903 | €146,985 | €124,292 | -€22,694 | -15.4% |
| Income taxes | 67/77 | €43,000 | €33,800 | -€9,200 | -21.4% |
| Profit (loss) for the period | 9904 | €103,985 | €90,492 | -€13,494 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,985 | €90,492 | -€13,494 | -13.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.