KARDELEN: 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.
KARDELEN
Largest movements
- Receivables within one year +€20,759
up €20,759 (+219%), from €9,462 to €30,221
- Tangible fixed assets -€6,472
down €6,472 (-24.4%), from €26,520 to €20,048
of which Other tangible fixed assets: -€5,645
- Other debts +€13,231
up €13,231 (+719%), from €1,841 to €15,071
- Profit (loss) carried forward +€6,324
up €6,324 (+9.8%), from €64,779 to €71,103
- Tax, wage and social debts -€3,644
down €3,644 (-45.9%), from €7,932 to €4,288
of which Remuneration and social security: -€7,932
- Trade debts -€2,359
down €2,359 (-56.9%), from €4,145 to €1,785
- Staff costs -€29,752
down €29,752 (-94.3%), from €31,555 to €1,803
- Gross operating margin -€10,042
down €10,042 (-29.3%), from €34,246 to €24,204
- Taxes +€4,288
new in 2023: €4,288
- Other operating charges -€1,083
down €1,083 (-20.0%), from €5,406 to €4,323
- Financial charges +€905
up €905 (+1,001%), from €90 to €995
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 | €99,156 | €112,708 | +€13,551 | +13.7% |
| Fixed assets | 21/28 | €41,520 | €35,048 | -€6,472 | -15.6% |
| Tangible fixed assets | 22/27 | €26,520 | €20,048 | -€6,472 | -24.4% |
| Furniture and vehicles | 24 | €1,657 | €831 | -€826 | -49.9% |
| Other tangible fixed assets | 26 | €24,862 | €19,217 | -€5,645 | -22.7% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €57,637 | €77,659 | +€20,023 | +34.7% |
| Amounts receivable within one year | 40/41 | €9,462 | €30,221 | +€20,759 | +219% |
| Trade receivables | 40 | €9,462 | €30,221 | +€20,759 | +219% |
| Cash at bank and in hand | 54/58 | €47,507 | €47,438 | -€68 | -0.1% |
| Deferred charges and accrued income | 490/1 | €668 | - | -€668 | |
| Total equity and liabilities | 10/49 | €99,156 | €112,708 | +€13,551 | +13.7% |
| Equity | 10/15 | €85,239 | €91,563 | +€6,324 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,779 | €71,103 | +€6,324 | +9.8% |
| Amounts payable | 17/49 | €13,917 | €21,145 | +€7,228 | +51.9% |
| Amounts payable within one year | 42/48 | €13,917 | €21,145 | +€7,228 | +51.9% |
| Trade debts | 44 | €4,145 | €1,785 | -€2,359 | -56.9% |
| Suppliers | 440/4 | €4,145 | €1,785 | -€2,359 | -56.9% |
| Taxes, remuneration and social security | 45 | €7,932 | €4,288 | -€3,644 | -45.9% |
| Taxes | 450/3 | - | €4,288 | +€4,288 | |
| Remuneration and social security | 454/9 | €7,932 | - | -€7,932 | |
| Other amounts payable | 47/48 | €1,841 | €15,071 | +€13,231 | +719% |
| Remuneration, social security and pensions | 62 | €31,555 | €1,803 | -€29,752 | -94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,472 | €6,472 | = | 0.0% |
| Other operating charges | 640/8 | €5,406 | €4,323 | -€1,083 | -20.0% |
| Gross operating margin | 9900 | €34,246 | €24,204 | -€10,042 | -29.3% |
| Operating profit (loss) | 9901 | -€9,186 | €11,607 | +€20,793 | |
| Financial charges | 65/66B | €90 | €995 | +€905 | +1,001% |
| Recurring financial charges | 65 | €90 | €995 | +€905 | +1,001% |
| Profit (loss) for the period before taxes | 9903 | -€9,276 | €10,612 | +€19,888 | |
| Income taxes | 67/77 | - | €4,288 | +€4,288 | |
| Profit (loss) for the period | 9904 | -€9,276 | €6,324 | +€15,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,276 | €6,324 | +€15,600 |
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 1 November 2026 via checked.be.