KAP’SS: 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.
KAP’SS
Largest movements
- Receivables within one year -€11,068
down €11,068 (-9.3%), from €119,016 to €107,948
of which Trade receivables: -€37,447
- Cash -€7,581
down €7,581 (-79.5%), from €9,539 to €1,958
mainly Trade debts (-€30,896)
- Intangible fixed assets -€2,000
down €2,000 (-30.5%), from €6,559 to €4,559
- Stocks and contracts -€1,500
no longer reported in 2023 (was €1,500)
- Trade debts -€30,896
down €30,896 (-39.9%), from €77,523 to €46,627
- Contributions +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Tax, wage and social debts +€2,206
up €2,206 (+13.7%), from €16,044 to €18,250
of which Taxes: +€1,991
- Gross operating margin -€35,536
down €35,536 (-81.7%), from €43,476 to €7,939
- Taxes -€9,243
down €9,243 (-93.5%), from €9,885 to €642
- Depreciation +€873
up €873 (+39.6%), from €2,206 to €3,079
- Other operating charges -€730
down €730 (-49.0%), from €1,489 to €758
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 | €142,653 | €119,425 | -€23,228 | -16.3% |
| Fixed assets | 21/28 | €12,597 | €9,519 | -€3,079 | -24.4% |
| Intangible fixed assets | 21 | €6,559 | €4,559 | -€2,000 | -30.5% |
| Tangible fixed assets | 22/27 | €4,108 | €3,030 | -€1,079 | -26.3% |
| Furniture and vehicles | 24 | €4,108 | €3,030 | -€1,079 | -26.3% |
| Financial fixed assets | 28 | €1,930 | €1,930 | = | 0.0% |
| Current assets | 29/58 | €130,055 | €109,906 | -€20,149 | -15.5% |
| Stocks and contracts in progress | 3 | €1,500 | - | -€1,500 | |
| Stocks | 30/36 | €1,500 | - | -€1,500 | |
| Amounts receivable within one year | 40/41 | €119,016 | €107,948 | -€11,068 | -9.3% |
| Trade receivables | 40 | €70,507 | €33,060 | -€37,447 | -53.1% |
| Other amounts receivable | 41 | €48,509 | €74,888 | +€26,379 | +54.4% |
| Cash at bank and in hand | 54/58 | €9,539 | €1,958 | -€7,581 | -79.5% |
| Total equity and liabilities | 10/49 | €142,653 | €119,425 | -€23,228 | -16.3% |
| Equity | 10/15 | €49,085 | €54,548 | +€5,462 | +11.1% |
| Contributions | 10/11 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Capital | 10 | €10,000 | - | -€10,000 | |
| Issued capital | 100 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €39,085 | €39,548 | +€462 | +1.2% |
| Amounts payable | 17/49 | €93,567 | €64,877 | -€28,690 | -30.7% |
| Amounts payable within one year | 42/48 | €93,567 | €64,877 | -€28,690 | -30.7% |
| Trade debts | 44 | €77,523 | €46,627 | -€30,896 | -39.9% |
| Suppliers | 440/4 | €77,523 | €46,627 | -€30,896 | -39.9% |
| Taxes, remuneration and social security | 45 | €16,044 | €18,250 | +€2,206 | +13.7% |
| Taxes | 450/3 | €15,946 | €17,937 | +€1,991 | +12.5% |
| Remuneration and social security | 454/9 | €98 | €313 | +€215 | +219.0% |
| Remuneration, social security and pensions | 62 | €2,432 | €2,790 | +€358 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,206 | €3,079 | +€873 | +39.6% |
| Other operating charges | 640/8 | €1,489 | €758 | -€730 | -49.0% |
| Gross operating margin | 9900 | €43,476 | €7,939 | -€35,536 | -81.7% |
| Operating profit (loss) | 9901 | €37,349 | €1,312 | -€36,037 | -96.5% |
| Financial charges | 65/66B | €155 | €208 | +€53 | +34.4% |
| Recurring financial charges | 65 | €155 | €208 | +€53 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €37,195 | €1,104 | -€36,090 | -97.0% |
| Income taxes | 67/77 | €9,885 | €642 | -€9,243 | -93.5% |
| Profit (loss) for the period | 9904 | €27,309 | €462 | -€26,847 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,309 | €462 | -€26,847 | -98.3% |
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 3 October 2026 via checked.be.