KANDIRATON: 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.
KANDIRATON
Largest movements
- Receivables within one year +€106,481
up €106,481 (+504.4%), from €21,112 to €127,594
of which Other amounts receivable: +€101,558
- Cash +€34,869
up €34,869 (+93.2%), from €37,414 to €72,283
mainly Other debts (+€79,901) and Net result for the year (+€52,921)
- Other debts +€79,901
up €79,901 (+80496.4%), from €99 to €80,000
- Profit (loss) carried forward +€52,921
up €52,921 (+104.3%), from €50,747 to €103,669
- Tax, wage and social debts +€6,654
up €6,654 (+34.3%), from €19,385 to €26,040
- Current portion of long-term debt +€4,152
up €4,152 (+49.4%), from €8,404 to €12,556
- Gross operating margin +€16,016
up €16,016 (+21.1%), from €75,960 to €91,976
- Depreciation +€7,387
up €7,387 (+79.5%), from €9,293 to €16,680
- Taxes +€4,635
up €4,635 (+25.4%), from €18,211 to €22,846
- Financial income +€3,689
up €3,689 (+16691.8%), from €22 to €3,711
- Other operating charges -€2,019
down €2,019 (-59.7%), from €3,383 to €1,365
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 | €116,145 | €257,331 | +€141,186 | +121.6% |
| Fixed assets | 21/28 | €55,917 | €53,823 | -€2,094 | -3.7% |
| Tangible fixed assets | 22/27 | €55,917 | €53,823 | -€2,094 | -3.7% |
| Furniture and vehicles | 24 | €11,375 | €6,542 | -€4,833 | -42.5% |
| Leasing and similar rights | 25 | €44,542 | €46,428 | +€1,886 | +4.2% |
| Other tangible fixed assets | 26 | - | €853 | +€853 | |
| Current assets | 29/58 | €60,228 | €203,508 | +€143,280 | +237.9% |
| Amounts receivable within one year | 40/41 | €21,112 | €127,594 | +€106,481 | +504.4% |
| Trade receivables | 40 | €21,112 | €26,036 | +€4,924 | +23.3% |
| Other amounts receivable | 41 | - | €101,558 | +€101,558 | |
| Cash at bank and in hand | 54/58 | €37,414 | €72,283 | +€34,869 | +93.2% |
| Deferred charges and accrued income | 490/1 | €1,702 | €3,631 | +€1,929 | +113.4% |
| Total equity and liabilities | 10/49 | €116,145 | €257,331 | +€141,186 | +121.6% |
| Equity | 10/15 | €53,247 | €106,169 | +€52,921 | +99.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,747 | €103,669 | +€52,921 | +104.3% |
| Amounts payable | 17/49 | €62,898 | €151,162 | +€88,264 | +140.3% |
| Amounts payable after more than one year | 17 | €33,914 | €32,187 | -€1,727 | -5.1% |
| Financial debts | 170/4 | €33,914 | €32,187 | -€1,727 | -5.1% |
| Amounts payable within one year | 42/48 | €28,984 | €118,975 | +€89,992 | +310.5% |
| Current portion of amounts payable after more than one year | 42 | €8,404 | €12,556 | +€4,152 | +49.4% |
| Financial debts | 43 | €789 | €130 | -€659 | -83.5% |
| Other loans | 439 | €789 | €130 | -€659 | -83.5% |
| Trade debts | 44 | €307 | €250 | -€57 | -18.6% |
| Suppliers | 440/4 | €307 | €250 | -€57 | -18.6% |
| Taxes, remuneration and social security | 45 | €19,385 | €26,040 | +€6,654 | +34.3% |
| Taxes | 450/3 | €19,385 | €26,040 | +€6,654 | +34.3% |
| Other amounts payable | 47/48 | €99 | €80,000 | +€79,901 | +80496.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,293 | €16,680 | +€7,387 | +79.5% |
| Other operating charges | 640/8 | €3,383 | €1,365 | -€2,019 | -59.7% |
| Gross operating margin | 9900 | €75,960 | €91,976 | +€16,016 | +21.1% |
| Operating profit (loss) | 9901 | €63,284 | €73,931 | +€10,648 | +16.8% |
| Financial income | 75/76B | €22 | €3,711 | +€3,689 | +16691.8% |
| Recurring financial income | 75 | €22 | €3,711 | +€3,689 | +16691.8% |
| Financial charges | 65/66B | €946 | €1,875 | +€929 | +98.2% |
| Recurring financial charges | 65 | €946 | €1,875 | +€929 | +98.2% |
| Profit (loss) for the period before taxes | 9903 | €62,360 | €75,767 | +€13,408 | +21.5% |
| Income taxes | 67/77 | €18,211 | €22,846 | +€4,635 | +25.4% |
| Profit (loss) for the period | 9904 | €44,148 | €52,921 | +€8,773 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,148 | €52,921 | +€8,773 | +19.9% |
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 10 October 2026 via checked.be.