KAVALA: 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.
KAVALA
Largest movements
- Receivables within one year +€19,727
up €19,727 (+270.3%), from €7,298 to €27,025
of which Trade receivables: +€19,578
- Stocks and contracts -€4,610
down €4,610 (-35.8%), from €12,869 to €8,259
- Financial fixed assets +€3,000
new in 2024: €3,000
- Cash -€2,515
down €2,515 (-14.1%), from €17,892 to €15,377
mainly Receivables within one year (-€19,727) and Debts after one year (-€7,336)
- Tangible fixed assets -€880
down €880 (-40.0%), from €2,200 to €1,320
- Trade debts +€12,170
up €12,170 (+70.0%), from €17,390 to €29,560
- Debts after one year -€7,336
no longer reported in 2024 (was €7,336)
- Other debts +€6,119
new in 2024: €6,119
- Profit (loss) carried forward +€5,436
up €5,436 (+59.2%), from -€9,185 to -€3,750
- Tax, wage and social debts -€1,666
down €1,666 (-49.5%), from €3,366 to €1,700
- Purchases and services -€156,071
no longer reported in 2024 (was €156,071)
- Turnover -€153,206
no longer reported in 2024 (was €153,206)
- Gross operating margin +€6,443
up €6,443 (+157.3%), from €4,097 to €10,541
- Other operating charges +€2,017
up €2,017 (+97.1%), from €2,077 to €4,094
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.
Cash bridge derived
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 | €40,259 | €54,982 | +€14,723 | +36.6% |
| Fixed assets | 21/28 | €2,200 | €4,320 | +€2,120 | +96.4% |
| Tangible fixed assets | 22/27 | €2,200 | €1,320 | -€880 | -40.0% |
| Furniture and vehicles | 24 | €2,200 | €1,320 | -€880 | -40.0% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €38,059 | €50,662 | +€12,603 | +33.1% |
| Stocks and contracts in progress | 3 | €12,869 | €8,259 | -€4,610 | -35.8% |
| Stocks | 30/36 | €12,869 | €8,259 | -€4,610 | -35.8% |
| Amounts receivable within one year | 40/41 | €7,298 | €27,025 | +€19,727 | +270.3% |
| Trade receivables | 40 | €2,500 | €22,078 | +€19,578 | +783.1% |
| Other amounts receivable | 41 | €4,798 | €4,947 | +€149 | +3.1% |
| Cash at bank and in hand | 54/58 | €17,892 | €15,377 | -€2,515 | -14.1% |
| Total equity and liabilities | 10/49 | €40,259 | €54,982 | +€14,723 | +36.6% |
| Equity | 10/15 | €12,167 | €17,602 | +€5,436 | +44.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,152 | €15,152 | = | 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% |
| Distributable reserves | 133 | €13,292 | €13,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,185 | -€3,750 | +€5,436 | +59.2% |
| Amounts payable | 17/49 | €28,092 | €37,379 | +€9,287 | +33.1% |
| Amounts payable after more than one year | 17 | €7,336 | - | -€7,336 | |
| Other amounts payable | 178/9 | €7,336 | - | -€7,336 | |
| Amounts payable within one year | 42/48 | €20,756 | €37,379 | +€16,623 | +80.1% |
| Trade debts | 44 | €17,390 | €29,560 | +€12,170 | +70.0% |
| Suppliers | 440/4 | €17,390 | €29,560 | +€12,170 | +70.0% |
| Taxes, remuneration and social security | 45 | €3,366 | €1,700 | -€1,666 | -49.5% |
| Taxes | 450/3 | €3,366 | €1,700 | -€1,666 | -49.5% |
| Other amounts payable | 47/48 | - | €6,119 | +€6,119 | |
| Turnover | 70 | €153,206 | - | -€153,206 | |
| Goods, raw materials, services and sundry goods | 60/61 | €156,071 | - | -€156,071 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €880 | €880 | = | 0.0% |
| Other operating charges | 640/8 | €2,077 | €4,094 | +€2,017 | +97.1% |
| Gross operating margin | 9900 | €4,097 | €10,541 | +€6,443 | +157.3% |
| Operating profit (loss) | 9901 | €1,140 | €5,567 | +€4,426 | +388.2% |
| Financial charges | 65/66B | €871 | €131 | -€740 | -85.0% |
| Recurring financial charges | 65 | €871 | €131 | -€740 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | €269 | €5,436 | +€5,166 | +1920.1% |
| Profit (loss) for the period | 9904 | €269 | €5,436 | +€5,166 | +1920.1% |
| Profit (loss) for the period to be appropriated | 9905 | €269 | €5,436 | +€5,166 | +1920.1% |
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 12 October 2026 via checked.be.