KAY-TRADING: 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-TRADING
Largest movements
- Stocks and contracts +€30,463
up €30,463 (+103%), from €29,537 to €60,000
- Receivables within one year -€2,000
down €2,000 (-10.4%), from €19,289 to €17,289
of which Other amounts receivable: -€1,562
- Cash -€983
down €983 (-94.2%), from €1,043 to €61
mainly Stocks and contracts (-€30,463) and Other debts (-€4,553)
- Trade debts +€17,263
up €17,263 (+44.6%), from €38,743 to €56,006
- Advances received +€10,000
new in 2024: €10,000
- Profit (loss) carried forward +€5,630
up €5,630 (+13.6%), from -€41,462 to -€35,832
- Other debts -€4,553
down €4,553 (-13.3%), from €34,341 to €29,788
- Tax, wage and social debts -€1,654
down €1,654 (-11.9%), from €13,883 to €12,228
- Gross operating margin +€58,170
up €58,170, from -€51,350 to €6,821
- Financial income -€11,292
no longer reported in 2024 (was €11,292)
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 | €50,505 | €77,578 | +€27,073 | +53.6% |
| Formation expenses | 20 | €635 | €228 | -€407 | -64.1% |
| Current assets | 29/58 | €49,870 | €77,350 | +€27,480 | +55.1% |
| Stocks and contracts in progress | 3 | €29,537 | €60,000 | +€30,463 | +103% |
| Stocks | 30/36 | €29,537 | €60,000 | +€30,463 | +103% |
| Amounts receivable within one year | 40/41 | €19,289 | €17,289 | -€2,000 | -10.4% |
| Trade receivables | 40 | €7,742 | €7,303 | -€438 | -5.7% |
| Other amounts receivable | 41 | €11,548 | €9,986 | -€1,562 | -13.5% |
| Cash at bank and in hand | 54/58 | €1,043 | €61 | -€983 | -94.2% |
| Total equity and liabilities | 10/49 | €50,505 | €77,578 | +€27,073 | +53.6% |
| Equity | 10/15 | -€36,462 | -€30,832 | +€5,630 | +15.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,462 | -€35,832 | +€5,630 | +13.6% |
| Amounts payable | 17/49 | €86,966 | €108,410 | +€21,444 | +24.7% |
| Amounts payable within one year | 42/48 | €86,966 | €108,023 | +€21,056 | +24.2% |
| Trade debts | 44 | €38,743 | €56,006 | +€17,263 | +44.6% |
| Suppliers | 440/4 | €38,743 | €56,006 | +€17,263 | +44.6% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €13,883 | €12,228 | -€1,654 | -11.9% |
| Taxes | 450/3 | €13,883 | €12,228 | -€1,654 | -11.9% |
| Other amounts payable | 47/48 | €34,341 | €29,788 | -€4,553 | -13.3% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €382 | €407 | +€25 | +6.4% |
| Other operating charges | 640/8 | €556 | €199 | -€357 | -64.2% |
| Gross operating margin | 9900 | -€51,350 | €6,821 | +€58,170 | |
| Operating profit (loss) | 9901 | -€52,288 | €6,214 | +€58,502 | |
| Financial income | 75/76B | €11,292 | - | -€11,292 | |
| Recurring financial income | 75 | €11,292 | - | -€11,292 | |
| Financial charges | 65/66B | €466 | €585 | +€119 | +25.5% |
| Recurring financial charges | 65 | €466 | €585 | +€119 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | -€41,462 | €5,630 | +€47,091 | |
| Profit (loss) for the period | 9904 | -€41,462 | €5,630 | +€47,091 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,462 | €5,630 | +€47,091 |
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 17 October 2026 via checked.be.