KANTEN: 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.
KANTEN
Largest movements
- Receivables within one year +€75,185
up €75,185 (+104.7%), from €71,807 to €146,992
of which Trade receivables: +€39,741
- Stocks and contracts -€30,642
down €30,642 (-44.6%), from €68,733 to €38,091
- Other debts +€85,023
up €85,023 (+715.1%), from €11,890 to €96,913
- Profit (loss) carried forward -€54,022
down €54,022, from €162 to -€53,860
- Trade debts +€21,453
up €21,453 (+107.9%), from €19,876 to €41,329
- Tax, wage and social debts -€18,118
down €18,118 (-26.6%), from €68,228 to €50,110
of which Taxes: -€16,070
- Short-term financial debts +€9,196
new in 2023: €9,196
- Gross operating margin -€87,000
down €87,000 (-83.5%), from €104,167 to €17,167
- Taxes -€23,228
no longer reported in 2023 (was €23,228)
- Financial charges +€3,721
up €3,721 (+37211.3%), from €10 to €3,731
- Depreciation +€2,819
up €2,819 (+123.2%), from €2,287 to €5,106
From the 2021 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,156 | €211,688 | +€43,532 | +25.9% |
| Fixed assets | 21/28 | €21,121 | €22,179 | +€1,058 | +5.0% |
| Tangible fixed assets | 22/27 | €21,121 | €22,179 | +€1,058 | +5.0% |
| Land and buildings | 22 | - | €7,488 | +€7,488 | |
| Plant, machinery and equipment | 23 | €17,597 | €12,151 | -€5,446 | -30.9% |
| Furniture and vehicles | 24 | €3,524 | €2,539 | -€985 | -27.9% |
| Current assets | 29/58 | €147,035 | €189,510 | +€42,475 | +28.9% |
| Stocks and contracts in progress | 3 | €68,733 | €38,091 | -€30,642 | -44.6% |
| Stocks | 30/36 | €68,733 | €38,091 | -€30,642 | -44.6% |
| Amounts receivable within one year | 40/41 | €71,807 | €146,992 | +€75,185 | +104.7% |
| Trade receivables | 40 | €70,826 | €110,567 | +€39,741 | +56.1% |
| Other amounts receivable | 41 | €981 | €36,425 | +€35,444 | +3613.1% |
| Cash at bank and in hand | 54/58 | €2,069 | - | -€2,069 | |
| Deferred charges and accrued income | 490/1 | €4,426 | €4,426 | = | 0.0% |
| Total equity and liabilities | 10/49 | €168,156 | €211,688 | +€43,532 | +25.9% |
| Equity | 10/15 | €68,162 | €14,140 | -€54,022 | -79.3% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €33,000 | €33,000 | = | 0.0% |
| Distributable reserves | 133 | €33,000 | €33,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162 | -€53,860 | -€54,022 | |
| Amounts payable | 17/49 | €99,994 | €197,548 | +€97,554 | +97.6% |
| Amounts payable within one year | 42/48 | €99,994 | €197,548 | +€97,554 | +97.6% |
| Financial debts | 43 | - | €9,196 | +€9,196 | |
| Credit institutions | 430/8 | - | €9,196 | +€9,196 | |
| Trade debts | 44 | €19,876 | €41,329 | +€21,453 | +107.9% |
| Suppliers | 440/4 | €19,876 | €41,329 | +€21,453 | +107.9% |
| Taxes, remuneration and social security | 45 | €68,228 | €50,110 | -€18,118 | -26.6% |
| Taxes | 450/3 | €45,678 | €29,608 | -€16,070 | -35.2% |
| Remuneration and social security | 454/9 | €22,550 | €20,502 | -€2,048 | -9.1% |
| Other amounts payable | 47/48 | €11,890 | €96,913 | +€85,023 | +715.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,287 | €5,106 | +€2,819 | +123.2% |
| Other operating charges | 640/8 | €480 | €53 | -€427 | -89.0% |
| Gross operating margin | 9900 | €104,167 | €17,167 | -€87,000 | -83.5% |
| Operating profit (loss) | 9901 | €101,400 | €12,009 | -€89,391 | -88.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €10 | €3,731 | +€3,721 | +37211.3% |
| Recurring financial charges | 65 | €10 | €3,731 | +€3,721 | +37211.3% |
| Profit (loss) for the period before taxes | 9903 | €101,390 | €8,278 | -€93,112 | -91.8% |
| Income taxes | 67/77 | €23,228 | - | -€23,228 | |
| Profit (loss) for the period | 9904 | €78,162 | €8,278 | -€69,884 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,162 | €8,278 | -€69,884 | -89.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.