KAPLAN-GAVRIEL: 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.
KAPLAN-GAVRIEL
Largest movements
- Cash +€6,523
up €6,523 (+176%), from €3,703 to €10,226
mainly Receivables within one year (+€4,390) and Other debts (+€2,024)
- Receivables within one year -€4,390
down €4,390 (-83.0%), from €5,290 to €900
of which Other amounts receivable: -€3,000
- Contributions +€2,520
up €2,520 (+8.4%), from €30,000 to €32,520
- Reserves -€2,520
no longer reported in 2024 (was €2,520)
- Other debts +€2,024
up €2,024 (+292%), from €693 to €2,717
- Gross operating margin -€3,901
down €3,901 (-76.0%), from €5,132 to €1,231
- Other operating charges -€1,104
no longer reported in 2024 (was €1,104)
- Taxes +€450
new in 2024: €450
- Financial charges -€186
down €186 (-21.6%), from €860 to €674
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.
Derived cash bridge
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 | €8,993 | €11,126 | +€2,133 | +23.7% |
| Current assets | 29/58 | €8,993 | €11,126 | +€2,133 | +23.7% |
| Amounts receivable within one year | 40/41 | €5,290 | €900 | -€4,390 | -83.0% |
| Trade receivables | 40 | €2,290 | €900 | -€1,390 | -60.7% |
| Other amounts receivable | 41 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €3,703 | €10,226 | +€6,523 | +176% |
| Total equity and liabilities | 10/49 | €8,993 | €11,126 | +€2,133 | +23.7% |
| Equity | 10/15 | €8,236 | €8,343 | +€107 | +1.3% |
| Contributions | 10/11 | €30,000 | €32,520 | +€2,520 | +8.4% |
| Capital | 10 | €30,000 | - | -€30,000 | |
| Issued capital | 100 | €30,000 | - | -€30,000 | |
| Reserves | 13 | €2,520 | - | -€2,520 | |
| Non-distributable reserves | 130/1 | €2,520 | - | -€2,520 | |
| Legal reserve | 130 | €2,520 | - | -€2,520 | |
| Profit (loss) carried forward | 14 | -€24,284 | -€24,177 | +€107 | +0.4% |
| Amounts payable | 17/49 | €757 | €2,783 | +€2,026 | +268% |
| Amounts payable within one year | 42/48 | €757 | €2,783 | +€2,026 | +268% |
| Trade debts | 44 | €63 | €66 | +€2 | +3.6% |
| Suppliers | 440/4 | €63 | €66 | +€2 | +3.6% |
| Other amounts payable | 47/48 | €693 | €2,717 | +€2,024 | +292% |
| Other operating charges | 640/8 | €1,104 | - | -€1,104 | |
| Gross operating margin | 9900 | €5,132 | €1,231 | -€3,901 | -76.0% |
| Operating profit (loss) | 9901 | €4,028 | €1,231 | -€2,797 | -69.4% |
| Financial charges | 65/66B | €860 | €674 | -€186 | -21.6% |
| Recurring financial charges | 65 | €860 | €674 | -€186 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €3,168 | €557 | -€2,611 | -82.4% |
| Income taxes | 67/77 | - | €450 | +€450 | |
| Profit (loss) for the period | 9904 | €3,168 | €107 | -€3,061 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,168 | €107 | -€3,061 | -96.6% |
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 15 October 2026 via checked.be.