KAVEH: what changed
Two fiscal 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.
KAVEH
Largest movements
- Receivables within one year -€1,594
down €1,594 (-19.7%), from €8,103 to €6,509
of which Trade receivables: -€2,960
- Profit (loss) carried forward +€4,120
up €4,120, from -€3,667 to €452
- Other debts -€3,467
no longer reported in 2024 (was €3,467)
- Trade debts -€2,317
down €2,317 (-21.4%), from €10,809 to €8,492
- Tax, wage and social debts +€291
new in 2024: €291
- Gross operating margin +€13,463
up €13,463, from -€7,332 to €6,131
- Other operating charges +€632
up €632 (+28.4%), from €2,225 to €2,857
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 | €23,109 | €21,735 | -€1,374 | -5.9% |
| Current assets | 29/58 | €23,109 | €21,735 | -€1,374 | -5.9% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,103 | €6,509 | -€1,594 | -19.7% |
| Trade receivables | 40 | €7,996 | €5,036 | -€2,960 | -37.0% |
| Other amounts receivable | 41 | €107 | €1,473 | +€1,366 | +1278.5% |
| Cash at bank and in hand | 54/58 | €7 | €226 | +€220 | +3328.3% |
| Total equity and liabilities | 10/49 | €23,109 | €21,735 | -€1,374 | -5.9% |
| Equity | 10/15 | €8,833 | €12,952 | +€4,120 | +46.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,667 | €452 | +€4,120 | |
| Amounts payable | 17/49 | €14,277 | €8,783 | -€5,494 | -38.5% |
| Amounts payable within one year | 42/48 | €14,277 | €8,783 | -€5,494 | -38.5% |
| Trade debts | 44 | €10,809 | €8,492 | -€2,317 | -21.4% |
| Suppliers | 440/4 | €10,809 | €8,492 | -€2,317 | -21.4% |
| Taxes, remuneration and social security | 45 | - | €291 | +€291 | |
| Taxes | 450/3 | - | €291 | +€291 | |
| Other amounts payable | 47/48 | €3,467 | - | -€3,467 | |
| Other operating charges | 640/8 | €2,225 | €2,857 | +€632 | +28.4% |
| Gross operating margin | 9900 | -€7,332 | €6,131 | +€13,463 | |
| Operating profit (loss) | 9901 | -€9,556 | €3,275 | +€12,831 | |
| Financial income | 75/76B | €1,136 | €1,136 | = | 0.0% |
| Recurring financial income | 75 | €1,136 | €1,136 | = | 0.0% |
| Financial charges | 65/66B | €273 | €291 | +€18 | +6.6% |
| Recurring financial charges | 65 | €273 | €291 | +€18 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,693 | €4,120 | +€12,813 | |
| Profit (loss) for the period | 9904 | -€8,693 | €4,120 | +€12,813 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,693 | €4,120 | +€12,813 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.