KAVI: 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.
KAVI
Largest movements
- Tangible fixed assets -€14,163
down €14,163 (-3.5%), from €410,359 to €396,196
- Other debts +€33,763
up €33,763 (+5.8%), from €577,289 to €611,052
- Trade debts -€30,035
no longer reported in 2024 (was €30,035)
- Profit (loss) carried forward -€17,856
down €17,856 (-8.2%), from -€216,965 to -€234,822
- Gross operating margin +€16,802
up €16,802 (+82.0%), from -€20,495 to -€3,693
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,359 | €396,230 | -€14,129 | -3.4% |
| Fixed assets | 21/28 | €410,359 | €396,196 | -€14,163 | -3.5% |
| Tangible fixed assets | 22/27 | €410,359 | €396,196 | -€14,163 | -3.5% |
| Land and buildings | 22 | €410,359 | €396,196 | -€14,163 | -3.5% |
| Current assets | 29/58 | - | €34 | +€34 | |
| Amounts receivable within one year | 40/41 | - | €34 | +€34 | |
| Other amounts receivable | 41 | - | €34 | +€34 | |
| Total equity and liabilities | 10/49 | €410,359 | €396,230 | -€14,129 | -3.4% |
| Equity | 10/15 | -€196,965 | -€214,822 | -€17,856 | -9.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Share premium | 1100/10 | - | €0 | = | |
| Profit (loss) carried forward | 14 | -€216,965 | -€234,822 | -€17,856 | -8.2% |
| Amounts payable | 17/49 | €607,324 | €611,052 | +€3,727 | +0.6% |
| Amounts payable within one year | 42/48 | €607,324 | €611,052 | +€3,727 | +0.6% |
| Trade debts | 44 | €30,035 | - | -€30,035 | |
| Suppliers | 440/4 | €30,035 | - | -€30,035 | |
| Other amounts payable | 47/48 | €577,289 | €611,052 | +€33,763 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,163 | €14,163 | = | 0.0% |
| Gross operating margin | 9900 | -€20,495 | -€3,693 | +€16,802 | +82.0% |
| Operating profit (loss) | 9901 | -€34,658 | -€17,856 | +€16,802 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,658 | -€17,856 | +€16,802 | +48.5% |
| Profit (loss) for the period | 9904 | -€34,658 | -€17,856 | +€16,802 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,658 | -€17,856 | +€16,802 | +48.5% |
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 29 September 2026 via checked.be.