KAMVAS: 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.
KAMVAS
Largest movements
- Receivables within one year +€20,093
up €20,093 (+190.5%), from €10,549 to €30,641
of which Other amounts receivable: +€10,882
- Cash -€5,800
down €5,800 (-100.0%), from €5,800 to €0
mainly Receivables within one year (-€20,093) and Other debts (-€3,835)
- Deferred charges and accrued income +€3,265
up €3,265 (+137.5%), from €2,375 to €5,640
- Tangible fixed assets -€1,401
down €1,401 (-37.4%), from €3,743 to €2,342
of which Furniture and vehicles: -€1,227
- Trade debts +€13,906
up €13,906 (+178.8%), from €7,779 to €21,685
- Short-term financial debts +€7,113
new in 2023: €7,113
- Other debts -€3,835
down €3,835 (-100.0%), from €3,835 to €0
- Reserves -€1,731
down €1,731 (-4.4%), from €39,102 to €37,371
of which Non-distributable reserves: -€1,860
- Gross operating margin -€31,270
down €31,270 (-85.4%), from €36,622 to €5,352
- Taxes -€7,836
down €7,836 (-96.7%), from €8,106 to €270
- Write-downs -€1,682
down €1,682 (-100.0%), from €1,682 to €0
- Other operating charges -€1,342
down €1,342 (-43.1%), from €3,113 to €1,771
- Financial charges +€942
up €942 (+22.9%), from €4,106 to €5,048
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,966 | €96,123 | +€16,157 | +20.2% |
| Fixed assets | 21/28 | €3,743 | €2,342 | -€1,401 | -37.4% |
| Tangible fixed assets | 22/27 | €3,743 | €2,342 | -€1,401 | -37.4% |
| Plant, machinery and equipment | 23 | €1,089 | €915 | -€174 | -16.0% |
| Furniture and vehicles | 24 | €2,654 | €1,427 | -€1,227 | -46.2% |
| Current assets | 29/58 | €76,224 | €93,781 | +€17,558 | +23.0% |
| Amounts receivable after more than one year | 29 | €56,000 | €56,000 | = | 0.0% |
| Other amounts receivable | 291 | €56,000 | €56,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,549 | €30,641 | +€20,093 | +190.5% |
| Trade receivables | 40 | €9,161 | €18,371 | +€9,210 | +100.5% |
| Other amounts receivable | 41 | €1,388 | €12,271 | +€10,882 | +783.9% |
| Cash at bank and in hand | 54/58 | €5,800 | €0 | -€5,800 | -100.0% |
| Deferred charges and accrued income | 490/1 | €2,375 | €5,640 | +€3,265 | +137.5% |
| Total equity and liabilities | 10/49 | €79,966 | €96,123 | +€16,157 | +20.2% |
| Equity | 10/15 | €57,702 | €55,971 | -€1,731 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,102 | €37,371 | -€1,731 | -4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €37,242 | €37,371 | +€129 | +0.3% |
| Amounts payable | 17/49 | €22,265 | €40,153 | +€17,888 | +80.3% |
| Amounts payable within one year | 42/48 | €22,265 | €40,153 | +€17,888 | +80.3% |
| Financial debts | 43 | - | €7,113 | +€7,113 | |
| Credit institutions | 430/8 | - | €7,113 | +€7,113 | |
| Trade debts | 44 | €7,779 | €21,685 | +€13,906 | +178.8% |
| Suppliers | 440/4 | €7,779 | €21,685 | +€13,906 | +178.8% |
| Taxes, remuneration and social security | 45 | €10,651 | €11,355 | +€703 | +6.6% |
| Taxes | 450/3 | €10,651 | €11,355 | +€703 | +6.6% |
| Other amounts payable | 47/48 | €3,835 | €0 | -€3,835 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,460 | €1,806 | +€346 | +23.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,682 | €0 | -€1,682 | -100.0% |
| Other operating charges | 640/8 | €3,113 | €1,771 | -€1,342 | -43.1% |
| Gross operating margin | 9900 | €36,622 | €5,352 | -€31,270 | -85.4% |
| Operating profit (loss) | 9901 | €30,367 | €1,776 | -€28,592 | -94.2% |
| Financial income | 75/76B | €1,525 | €1,812 | +€287 | +18.8% |
| Recurring financial income | 75 | €1,525 | €1,812 | +€287 | +18.8% |
| Financial charges | 65/66B | €4,106 | €5,048 | +€942 | +22.9% |
| Recurring financial charges | 65 | €4,106 | €5,048 | +€942 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €27,786 | -€1,461 | -€29,247 | |
| Income taxes | 67/77 | €8,106 | €270 | -€7,836 | -96.7% |
| Profit (loss) for the period | 9904 | €19,680 | -€1,731 | -€21,411 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,680 | -€1,731 | -€21,411 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.