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KAWIT: 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.

What changed

KAWIT

BE 0599.957.767
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1,044
2023 · -€17,634+€16,589
Equity
€4,744
2023 · €5,788-€1,044
Cash
€1,993
2023 · €3,037-€1,044
Balance sheet total
€4,744
2023 · €5,788-€1,044

Largest movements

2023 to 2024
Assets
  • Cash -€1,044

    down €1,044 (-34.4%), from €3,037 to €1,993

    mainly Net result for the year (-€1,044)

Equity and liabilities
  • Profit (loss) carried forward -€1,044

    down €1,044 (-17.4%), from -€6,012 to -€7,056

Income statement
  • Purchases and services -€60,423

    down €60,423 (-98.6%), from €61,270 to €847

  • Turnover -€47,676

    no longer reported in 2024 (was €47,676)

  • Gross operating margin +€12,747

    up €12,747 (+93.8%), from -€13,594 to -€847

  • Financial charges -€2,337

    down €2,337 (-92.2%), from €2,534 to €197

    of which Non-recurring financial charges: -€1,618

  • Taxes -€835

    no longer reported in 2024 (was €835)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€17,634
Gross operating margin +€12,747
Other operating charges +€676
Financial income -€5
Financial charges +€2,337
Taxes +€835
Result 2024 -€1,044

Cash bridge derived

cash 2023 to 2024

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.

From operations -€1,044
Investment €0
Financing €0
Cash 2023 €3,037
Net result for the year -€1,044
Cash 2024 €1,993
Every line side by side 25 lines
Line Code 2023 2024 Change %
Total assets 20/58 €5,788 €4,744 -€1,044 -18.0%
Current assets 29/58 €5,788 €4,744 -€1,044 -18.0%
Amounts receivable within one year 40/41 €2,751 €2,751 = 0.0%
Other amounts receivable 41 €2,751 €2,751 = 0.0%
Cash at bank and in hand 54/58 €3,037 €1,993 -€1,044 -34.4%
Total equity and liabilities 10/49 €5,788 €4,744 -€1,044 -18.0%
Equity 10/15 €5,788 €4,744 -€1,044 -18.0%
Contributions 10/11 €11,800 €11,800 = 0.0%
Outside capital 11 €11,800 €11,800 = 0.0%
Share premium 1100/10 €11,800 €11,800 = 0.0%
Profit (loss) carried forward 14 -€6,012 -€7,056 -€1,044 -17.4%
Turnover 70 €47,676 - -€47,676
Goods, raw materials, services and sundry goods 60/61 €61,270 €847 -€60,423 -98.6%
Other operating charges 640/8 €676 - -€676
Gross operating margin 9900 -€13,594 -€847 +€12,747 +93.8%
Operating profit (loss) 9901 -€14,270 -€847 +€13,423 +94.1%
Financial income 75/76B €5 - -€5
Recurring financial income 75 €5 - -€5
Financial charges 65/66B €2,534 €197 -€2,337 -92.2%
Recurring financial charges 65 €916 €197 -€719 -78.4%
Non-recurring financial charges 66B €1,618 - -€1,618
Profit (loss) for the period before taxes 9903 -€16,798 -€1,044 +€15,754 +93.8%
Income taxes 67/77 €835 - -€835
Profit (loss) for the period 9904 -€17,634 -€1,044 +€16,589 +94.1%
Profit (loss) for the period to be appropriated 9905 -€17,634 -€1,044 +€16,589 +94.1%

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 1 October 2026 via checked.be.