Kardesler: 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.
Kardesler
Largest movements
- Receivables within one year +€16,260
up €16,260 (+14.3%), from €113,620 to €129,880
of which Other amounts receivable: +€14,735
- Intangible fixed assets -€10,391
down €10,391 (-25.0%), from €41,564 to €31,173
- Tangible fixed assets -€7,317
down €7,317 (-51.8%), from €14,119 to €6,802
- Cash -€3,460
down €3,460 (-25.3%), from €13,677 to €10,217
mainly Trade debts (-€17,288) and Receivables within one year (-€16,260)
- Trade debts -€17,288
down €17,288 (-73.6%), from €23,487 to €6,199
- Tax, wage and social debts +€6,876
up €6,876 (+24.7%), from €27,881 to €34,757
of which Remuneration and social security: +€6,674
- Profit (loss) carried forward +€4,181
up €4,181 (+3.6%), from €116,133 to €120,314
- Gross operating margin +€58,809
up €58,809 (+52.4%), from €112,264 to €171,073
- Staff costs +€57,354
up €57,354 (+78.3%), from €73,286 to €130,640
- Taxes +€5,969
new in 2023: €5,969
- Financial charges -€3,706
down €3,706 (-85.9%), from €4,316 to €610
- Other operating charges +€3,671
up €3,671 (+44.0%), from €8,351 to €12,022
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 | €187,961 | €183,197 | -€4,764 | -2.5% |
| Fixed assets | 21/28 | €55,683 | €37,975 | -€17,708 | -31.8% |
| Intangible fixed assets | 21 | €41,564 | €31,173 | -€10,391 | -25.0% |
| Tangible fixed assets | 22/27 | €14,119 | €6,802 | -€7,317 | -51.8% |
| Plant, machinery and equipment | 23 | €14,119 | €6,802 | -€7,317 | -51.8% |
| Current assets | 29/58 | €132,278 | €145,222 | +€12,944 | +9.8% |
| Stocks and contracts in progress | 3 | €4,981 | €5,125 | +€144 | +2.9% |
| Stocks | 30/36 | €4,981 | €5,125 | +€144 | +2.9% |
| Amounts receivable within one year | 40/41 | €113,620 | €129,880 | +€16,260 | +14.3% |
| Trade receivables | 40 | - | €1,525 | +€1,525 | |
| Other amounts receivable | 41 | €113,620 | €128,355 | +€14,735 | +13.0% |
| Cash at bank and in hand | 54/58 | €13,677 | €10,217 | -€3,460 | -25.3% |
| Total equity and liabilities | 10/49 | €187,961 | €183,197 | -€4,764 | -2.5% |
| Equity | 10/15 | €136,593 | €140,774 | +€4,181 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,133 | €120,314 | +€4,181 | +3.6% |
| Amounts payable | 17/49 | €51,368 | €42,423 | -€8,945 | -17.4% |
| Amounts payable within one year | 42/48 | €51,368 | €42,423 | -€8,945 | -17.4% |
| Trade debts | 44 | €23,487 | €6,199 | -€17,288 | -73.6% |
| Suppliers | 440/4 | €23,487 | €6,199 | -€17,288 | -73.6% |
| Taxes, remuneration and social security | 45 | €27,881 | €34,757 | +€6,876 | +24.7% |
| Taxes | 450/3 | €16,865 | €17,067 | +€202 | +1.2% |
| Remuneration and social security | 454/9 | €11,016 | €17,690 | +€6,674 | +60.6% |
| Other amounts payable | 47/48 | - | €1,467 | +€1,467 | |
| Remuneration, social security and pensions | 62 | €73,286 | €130,640 | +€57,354 | +78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,708 | €17,708 | = | 0.0% |
| Other operating charges | 640/8 | €8,351 | €12,022 | +€3,671 | +44.0% |
| Gross operating margin | 9900 | €112,264 | €171,073 | +€58,809 | +52.4% |
| Operating profit (loss) | 9901 | €12,919 | €10,703 | -€2,216 | -17.2% |
| Financial income | 75/76B | €44 | €57 | +€13 | +29.5% |
| Recurring financial income | 75 | €44 | €57 | +€13 | +29.5% |
| Financial charges | 65/66B | €4,316 | €610 | -€3,706 | -85.9% |
| Recurring financial charges | 65 | €4,316 | €610 | -€3,706 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | €8,647 | €10,150 | +€1,503 | +17.4% |
| Income taxes | 67/77 | - | €5,969 | +€5,969 | |
| Profit (loss) for the period | 9904 | €8,647 | €4,181 | -€4,466 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,647 | €4,181 | -€4,466 | -51.6% |
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 10 October 2026 via checked.be.