KAY DIAMONDS: 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.
KAY DIAMONDS
Largest movements
- Stocks and contracts -€286,355
down €286,355 (-14.9%), from €1.9m to €1.6m
- Receivables within one year +€134,878
up €134,878 (+3.9%), from €3.5m to €3.6m
of which Other amounts receivable: +€77,963
- Profit (loss) carried forward -€240,345
down €240,345 (-15.7%), from -€1.5m to -€1.8m
- Trade debts -€173,377
down €173,377 (-98.7%), from €175,630 to €2,253
- Tax, wage and social debts +€154,764
new in 2024: €154,764
- Debts after one year +€116,134
up €116,134 (+6.4%), from €1.8m to €1.9m
of which Financial debts: +€58,534
- Write-downs +€445,545
up €445,545, from -€13,351 to €432,194
- Gross operating margin +€170,985
up €170,985, from -€74,827 to €96,158
- Taxes -€154,191
down €154,191 (-99.6%), from €154,834 to €643
- Financial income +€59,876
up €59,876 (+127%), from €47,300 to €107,176
- Financial charges -€28,604
down €28,604 (-84.6%), from €33,803 to €5,199
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 | €7,800,492 | €7,666,795 | -€133,697 | -1.7% |
| Fixed assets | 21/28 | €2,357,030 | €2,357,030 | = | 0.0% |
| Financial fixed assets | 28 | €2,357,030 | €2,357,030 | = | 0.0% |
| Current assets | 29/58 | €5,443,462 | €5,309,765 | -€133,697 | -2.5% |
| Stocks and contracts in progress | 3 | €1,920,776 | €1,634,422 | -€286,355 | -14.9% |
| Stocks | 30/36 | €1,920,776 | €1,634,422 | -€286,355 | -14.9% |
| Amounts receivable within one year | 40/41 | €3,498,321 | €3,633,200 | +€134,878 | +3.9% |
| Trade receivables | 40 | €2,393,534 | €2,450,450 | +€56,916 | +2.4% |
| Other amounts receivable | 41 | €1,104,787 | €1,182,750 | +€77,963 | +7.1% |
| Cash at bank and in hand | 54/58 | €16,999 | €37,331 | +€20,332 | +120% |
| Deferred charges and accrued income | 490/1 | €7,365 | €4,813 | -€2,552 | -34.6% |
| Total equity and liabilities | 10/49 | €7,800,492 | €7,666,795 | -€133,697 | -1.7% |
| Equity | 10/15 | €5,709,837 | €5,469,492 | -€240,345 | -4.2% |
| Contributions | 10/11 | €6,423,370 | €6,423,370 | = | 0.0% |
| Capital | 10 | €6,423,370 | €6,423,370 | = | 0.0% |
| Issued capital | 100 | €6,423,370 | €6,423,370 | = | 0.0% |
| Reserves | 13 | €815,327 | €815,327 | = | 0.0% |
| Non-distributable reserves | 130/1 | €232,188 | €232,188 | = | 0.0% |
| Legal reserve | 130 | €232,188 | €232,188 | = | 0.0% |
| Distributable reserves | 133 | €583,139 | €583,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,528,860 | -€1,769,205 | -€240,345 | -15.7% |
| Amounts payable | 17/49 | €2,090,655 | €2,197,303 | +€106,648 | +5.1% |
| Amounts payable after more than one year | 17 | €1,824,681 | €1,940,815 | +€116,134 | +6.4% |
| Financial debts | 170/4 | €919,681 | €978,215 | +€58,534 | +6.4% |
| Other amounts payable | 178/9 | €905,000 | €962,600 | +€57,600 | +6.4% |
| Amounts payable within one year | 42/48 | €175,630 | €163,306 | -€12,324 | -7.0% |
| Trade debts | 44 | €175,630 | €2,253 | -€173,377 | -98.7% |
| Suppliers | 440/4 | €175,630 | €2,253 | -€173,377 | -98.7% |
| Taxes, remuneration and social security | 45 | - | €154,764 | +€154,764 | |
| Taxes | 450/3 | - | €154,764 | +€154,764 | |
| Other amounts payable | 47/48 | - | €6,289 | +€6,289 | |
| Accrued charges and deferred income | 492/3 | €90,344 | €93,181 | +€2,838 | +3.1% |
| Non-recurring operating income | 76A | €18,388 | - | -€18,388 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,351 | €432,194 | +€445,545 | |
| Other operating charges | 640/8 | €5,319 | €5,643 | +€324 | +6.1% |
| Gross operating margin | 9900 | -€74,827 | €96,158 | +€170,985 | |
| Operating profit (loss) | 9901 | -€66,796 | -€341,679 | -€274,884 | -412% |
| Financial income | 75/76B | €47,300 | €107,176 | +€59,876 | +127% |
| Recurring financial income | 75 | €47,300 | €107,176 | +€59,876 | +127% |
| Financial charges | 65/66B | €33,803 | €5,199 | -€28,604 | -84.6% |
| Recurring financial charges | 65 | €33,803 | €5,199 | -€28,604 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | -€53,298 | -€239,702 | -€186,404 | -350% |
| Income taxes | 67/77 | €154,834 | €643 | -€154,191 | -99.6% |
| Profit (loss) for the period | 9904 | -€208,132 | -€240,345 | -€32,213 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€208,132 | -€240,345 | -€32,213 | -15.5% |
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 24 October 2026 via checked.be.