Kate Kero: 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.
Kate Kero
Largest movements
- Tangible fixed assets +€23,122
up €23,122 (+1,628%), from €1,420 to €24,542
of which Other tangible fixed assets: +€23,477
- Receivables within one year +€15,794
up €15,794 (+1,579%), from €1,000 to €16,794
of which Trade receivables: +€16,198
- Cash +€3,811
up €3,811 (+16.6%), from €22,914 to €26,725
mainly Accrued charges and deferred income (+€32,000) and Net result for the year (+€18,896)
- Stocks and contracts +€1,055
up €1,055 (+28.1%), from €3,753 to €4,808
- Accrued charges and deferred income +€32,000
new in 2024: €32,000
- Profit (loss) carried forward +€18,896
up €18,896, from -€14,652 to €4,243
- Debts after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Tax, wage and social debts +€2,181
up €2,181, from €0 to €2,181
- Trade debts +€1,170
up €1,170 (+24.6%), from €4,756 to €5,926
- Gross operating margin -€408
down €408 (-1.7%), from €23,544 to €23,136
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 | €34,187 | €78,317 | +€44,129 | +129% |
| Fixed assets | 21/28 | €6,520 | €29,642 | +€23,122 | +355% |
| Tangible fixed assets | 22/27 | €1,420 | €24,542 | +€23,122 | +1,628% |
| Plant, machinery and equipment | 23 | €1,420 | €1,065 | -€355 | -25.0% |
| Other tangible fixed assets | 26 | - | €23,477 | +€23,477 | |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €27,667 | €48,675 | +€21,007 | +75.9% |
| Stocks and contracts in progress | 3 | €3,753 | €4,808 | +€1,055 | +28.1% |
| Stocks | 30/36 | €3,753 | €4,808 | +€1,055 | +28.1% |
| Amounts receivable within one year | 40/41 | €1,000 | €16,794 | +€15,794 | +1,579% |
| Trade receivables | 40 | - | €16,198 | +€16,198 | |
| Other amounts receivable | 41 | €1,000 | €597 | -€404 | -40.3% |
| Cash at bank and in hand | 54/58 | €22,914 | €26,725 | +€3,811 | +16.6% |
| Deferred charges and accrued income | 490/1 | - | €347 | +€347 | |
| Total equity and liabilities | 10/49 | €34,187 | €78,317 | +€44,129 | +129% |
| Equity | 10/15 | -€6,592 | €12,303 | +€18,896 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| 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 | -€14,652 | €4,243 | +€18,896 | |
| Amounts payable | 17/49 | €40,780 | €66,013 | +€25,234 | +61.9% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100% |
| Financial debts | 170/4 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €30,780 | €34,013 | +€3,234 | +10.5% |
| Trade debts | 44 | €4,756 | €5,926 | +€1,170 | +24.6% |
| Suppliers | 440/4 | €4,756 | €5,926 | +€1,170 | +24.6% |
| Taxes, remuneration and social security | 45 | €0 | €2,181 | +€2,181 | |
| Taxes | 450/3 | €0 | €2,181 | +€2,181 | |
| Other amounts payable | 47/48 | €26,024 | €25,907 | -€117 | -0.5% |
| Accrued charges and deferred income | 492/3 | - | €32,000 | +€32,000 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €449 | €678 | +€229 | +51.1% |
| Other operating charges | 640/8 | €2,718 | €2,906 | +€188 | +6.9% |
| Gross operating margin | 9900 | €23,544 | €23,136 | -€408 | -1.7% |
| Operating profit (loss) | 9901 | €20,378 | €19,552 | -€826 | -4.1% |
| Financial income | 75/76B | €90 | €89 | -€1 | -1.1% |
| Recurring financial income | 75 | €90 | €89 | -€1 | -1.1% |
| Financial charges | 65/66B | €887 | €745 | -€142 | -16.0% |
| Recurring financial charges | 65 | €887 | €745 | -€142 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €19,581 | €18,896 | -€686 | -3.5% |
| Profit (loss) for the period | 9904 | €19,581 | €18,896 | -€686 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,581 | €18,896 | -€686 | -3.5% |
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 17 October 2026 via checked.be.