KANTONIS GROUP: 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.
KANTONIS GROUP
Largest movements
- Receivables within one year -€9,308
down €9,308 (-17.3%), from €53,820 to €44,512
of which Other amounts receivable: -€5,108
- Cash +€4,013
up €4,013 (+61.5%), from €6,528 to €10,541
mainly Net result for the year (+€13,462) and Receivables within one year (+€9,308)
- Tangible fixed assets -€3,735
down €3,735 (-19.8%), from €18,899 to €15,164
of which Land and buildings: -€3,279
- Profit (loss) carried forward +€13,462
up €13,462 (+33.1%), from -€40,672 to -€27,209
- Other debts -€10,618
down €10,618 (-71.6%), from €14,831 to €4,213
- Accrued charges and deferred income -€8,400
no longer reported in 2023 (was €8,400)
- Current portion of long-term debt -€3,475
no longer reported in 2023 (was €3,475)
- Gross operating margin -€21,694
down €21,694 (-55.0%), from €39,438 to €17,743
- Depreciation -€567
down €567 (-13.2%), from €4,302 to €3,735
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.
Derived cash bridge
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 | €80,297 | €71,266 | -€9,031 | -11.2% |
| Fixed assets | 21/28 | €19,949 | €16,214 | -€3,735 | -18.7% |
| Tangible fixed assets | 22/27 | €18,899 | €15,164 | -€3,735 | -19.8% |
| Land and buildings | 22 | €18,443 | €15,164 | -€3,279 | -17.8% |
| Furniture and vehicles | 24 | €456 | €0 | -€456 | -100% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €60,348 | €55,052 | -€5,296 | -8.8% |
| Amounts receivable within one year | 40/41 | €53,820 | €44,512 | -€9,308 | -17.3% |
| Trade receivables | 40 | €48,400 | €44,200 | -€4,200 | -8.7% |
| Other amounts receivable | 41 | €5,420 | €312 | -€5,108 | -94.2% |
| Cash at bank and in hand | 54/58 | €6,528 | €10,541 | +€4,013 | +61.5% |
| Total equity and liabilities | 10/49 | €80,297 | €71,266 | -€9,031 | -11.2% |
| Equity | 10/15 | €53,591 | €67,053 | +€13,462 | +25.1% |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €662 | €662 | = | 0.0% |
| Non-distributable reserves | 130/1 | €662 | - | -€662 | |
| Reserves not available under the articles | 1311 | €662 | - | -€662 | |
| Distributable reserves | 133 | - | €662 | +€662 | |
| Profit (loss) carried forward | 14 | -€40,672 | -€27,209 | +€13,462 | +33.1% |
| Amounts payable | 17/49 | €26,707 | €4,213 | -€22,494 | -84.2% |
| Amounts payable within one year | 42/48 | €18,307 | €4,213 | -€14,094 | -77.0% |
| Current portion of amounts payable after more than one year | 42 | €3,475 | - | -€3,475 | |
| Other amounts payable | 47/48 | €14,831 | €4,213 | -€10,618 | -71.6% |
| Accrued charges and deferred income | 492/3 | €8,400 | - | -€8,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,302 | €3,735 | -€567 | -13.2% |
| Other operating charges | 640/8 | €238 | €415 | +€177 | +74.4% |
| Gross operating margin | 9900 | €39,438 | €17,743 | -€21,694 | -55.0% |
| Operating profit (loss) | 9901 | €34,897 | €13,593 | -€21,304 | -61.0% |
| Financial charges | 65/66B | €225 | €131 | -€94 | -41.9% |
| Recurring financial charges | 65 | €225 | €131 | -€94 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €34,672 | €13,462 | -€21,210 | -61.2% |
| Profit (loss) for the period | 9904 | €34,672 | €13,462 | -€21,210 | -61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,672 | €13,462 | -€21,210 | -61.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.