KALY: 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.
KALY
Largest movements
- Receivables within one year +€72,160
up €72,160 (+245%), from €29,450 to €101,611
of which Trade receivables: +€37,432
- Stocks and contracts -€20,870
down €20,870 (-65.2%), from €32,000 to €11,130
- Tangible fixed assets -€16,449
down €16,449 (-31.4%), from €52,409 to €35,960
of which Furniture and vehicles: -€16,030
- Cash -€8,682
down €8,682 (-61.3%), from €14,169 to €5,488
mainly Net result for the year (-€90,476) and Receivables within one year (-€72,160)
- Profit (loss) carried forward -€90,476
down €90,476 (-198%), from -€45,628 to -€136,104
- Trade debts +€65,386
up €65,386 (+98.5%), from €66,389 to €131,775
- Tax, wage and social debts +€52,994
up €52,994 (+103%), from €51,597 to €104,591
of which Remuneration and social security: +€31,950
- Debts after one year -€14,870
down €14,870 (-46.7%), from €31,829 to €16,959
- Accrued charges and deferred income +€6,549
new in 2024: €6,549
- Gross operating margin -€42,870
down €42,870 (-37.3%), from €114,878 to €72,007
- Financial charges +€28,787
up €28,787 (+21,455%), from €134 to €28,921
- Staff costs -€23,590
down €23,590 (-16.4%), from €143,403 to €119,814
- Other operating charges -€4,461
down €4,461 (-92.9%), from €4,801 to €340
- Financial income +€2,354
up €2,354 (+160%), from €1,473 to €3,827
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 | €128,903 | €155,558 | +€26,654 | +20.7% |
| Fixed assets | 21/28 | €52,559 | €36,110 | -€16,449 | -31.3% |
| Tangible fixed assets | 22/27 | €52,409 | €35,960 | -€16,449 | -31.4% |
| Plant, machinery and equipment | 23 | €5,117 | €4,699 | -€418 | -8.2% |
| Furniture and vehicles | 24 | €47,291 | €31,261 | -€16,030 | -33.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €76,345 | €119,448 | +€43,103 | +56.5% |
| Stocks and contracts in progress | 3 | €32,000 | €11,130 | -€20,870 | -65.2% |
| Stocks | 30/36 | €32,000 | €11,130 | -€20,870 | -65.2% |
| Amounts receivable within one year | 40/41 | €29,450 | €101,611 | +€72,160 | +245% |
| Trade receivables | 40 | €705 | €38,137 | +€37,432 | +5,307% |
| Other amounts receivable | 41 | €28,745 | €63,473 | +€34,728 | +121% |
| Cash at bank and in hand | 54/58 | €14,169 | €5,488 | -€8,682 | -61.3% |
| Deferred charges and accrued income | 490/1 | €725 | €1,219 | +€494 | +68.2% |
| Total equity and liabilities | 10/49 | €128,903 | €155,558 | +€26,654 | +20.7% |
| Equity | 10/15 | -€35,628 | -€126,104 | -€90,476 | -254% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,628 | -€136,104 | -€90,476 | -198% |
| Amounts payable | 17/49 | €164,531 | €281,661 | +€117,130 | +71.2% |
| Amounts payable after more than one year | 17 | €31,829 | €16,959 | -€14,870 | -46.7% |
| Financial debts | 170/4 | €31,829 | €16,959 | -€14,870 | -46.7% |
| Amounts payable within one year | 42/48 | €132,702 | €258,153 | +€125,451 | +94.5% |
| Current portion of amounts payable after more than one year | 42 | €14,717 | €20,359 | +€5,643 | +38.3% |
| Trade debts | 44 | €66,389 | €131,775 | +€65,386 | +98.5% |
| Suppliers | 440/4 | €66,389 | €131,775 | +€65,386 | +98.5% |
| Taxes, remuneration and social security | 45 | €51,597 | €104,591 | +€52,994 | +103% |
| Taxes | 450/3 | €41,231 | €62,276 | +€21,044 | +51.0% |
| Remuneration and social security | 454/9 | €10,366 | €42,315 | +€31,950 | +308% |
| Other amounts payable | 47/48 | - | €1,428 | +€1,428 | |
| Accrued charges and deferred income | 492/3 | - | €6,549 | +€6,549 | |
| Remuneration, social security and pensions | 62 | €143,403 | €119,814 | -€23,590 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,613 | €17,235 | +€623 | +3.7% |
| Other operating charges | 640/8 | €4,801 | €340 | -€4,461 | -92.9% |
| Gross operating margin | 9900 | €114,878 | €72,007 | -€42,870 | -37.3% |
| Operating profit (loss) | 9901 | -€49,940 | -€65,382 | -€15,442 | -30.9% |
| Financial income | 75/76B | €1,473 | €3,827 | +€2,354 | +160% |
| Recurring financial income | 75 | €1,473 | €3,827 | +€2,354 | +160% |
| Financial charges | 65/66B | €134 | €28,921 | +€28,787 | +21,455% |
| Recurring financial charges | 65 | €134 | €28,921 | +€28,787 | +21,455% |
| Profit (loss) for the period before taxes | 9903 | -€48,601 | -€90,476 | -€41,875 | -86.2% |
| Income taxes | 67/77 | -€232 | - | +€232 | |
| Profit (loss) for the period | 9904 | -€48,369 | -€90,476 | -€42,107 | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,369 | -€90,476 | -€42,107 | -87.1% |
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 16 October 2026 via checked.be.