KAYAM: 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.
KAYAM
Largest movements
- Cash -€16,343
no longer reported in 2024 (was €16,343)
- Receivables within one year -€9,233
down €9,233 (-77.8%), from €11,871 to €2,638
of which Trade receivables: -€5,994
- Current investments +€3,896
new in 2024: €3,896
- Tangible fixed assets -€2,086
down €2,086 (-7.8%), from €26,883 to €24,797
- Profit (loss) carried forward -€28,039
down €28,039, from €9,274 to -€18,765
- Other debts +€13,375
new in 2024: €13,375
- Trade debts -€11,079
down €11,079 (-93.5%), from €11,852 to €773
- Current portion of long-term debt +€5,969
up €5,969 (+110.9%), from €5,381 to €11,350
- Tax, wage and social debts -€3,438
down €3,438 (-40.0%), from €8,585 to €5,147
- Gross operating margin -€45,146
down €45,146, from €32,120 to -€13,026
- Other operating charges -€25,139
no longer reported in 2024 (was €25,139)
- Taxes -€6,617
down €6,617 (-96.7%), from €6,846 to €229
- Depreciation +€505
up €505 (+6.2%), from €8,111 to €8,616
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,097 | €31,331 | -€23,766 | -43.1% |
| Fixed assets | 21/28 | €26,883 | €24,797 | -€2,086 | -7.8% |
| Tangible fixed assets | 22/27 | €26,883 | €24,797 | -€2,086 | -7.8% |
| Furniture and vehicles | 24 | €26,883 | €24,797 | -€2,086 | -7.8% |
| Current assets | 29/58 | €28,214 | €6,534 | -€21,680 | -76.8% |
| Amounts receivable within one year | 40/41 | €11,871 | €2,638 | -€9,233 | -77.8% |
| Trade receivables | 40 | €6,929 | €935 | -€5,994 | -86.5% |
| Other amounts receivable | 41 | €4,942 | €1,703 | -€3,239 | -65.5% |
| Current investments | 50/53 | - | €3,896 | +€3,896 | |
| Cash at bank and in hand | 54/58 | €16,343 | - | -€16,343 | |
| Total equity and liabilities | 10/49 | €55,097 | €31,331 | -€23,766 | -43.1% |
| Equity | 10/15 | €27,874 | -€165 | -€28,039 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €9,274 | -€18,765 | -€28,039 | |
| Amounts payable | 17/49 | €27,223 | €31,496 | +€4,273 | +15.7% |
| Amounts payable after more than one year | 17 | €1,405 | €822 | -€583 | -41.5% |
| Financial debts | 170/4 | €1,405 | €822 | -€583 | -41.5% |
| Amounts payable within one year | 42/48 | €25,818 | €30,674 | +€4,856 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €5,381 | €11,350 | +€5,969 | +110.9% |
| Financial debts | 43 | - | €29 | +€29 | |
| Credit institutions | 430/8 | - | €29 | +€29 | |
| Trade debts | 44 | €11,852 | €773 | -€11,079 | -93.5% |
| Suppliers | 440/4 | €11,852 | €773 | -€11,079 | -93.5% |
| Taxes, remuneration and social security | 45 | €8,585 | €5,147 | -€3,438 | -40.0% |
| Taxes | 450/3 | €8,585 | €5,147 | -€3,438 | -40.0% |
| Other amounts payable | 47/48 | - | €13,375 | +€13,375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,111 | €8,616 | +€505 | +6.2% |
| Other operating charges | 640/8 | €25,139 | - | -€25,139 | |
| Non-recurring operating charges | 66A | - | €367 | +€367 | |
| Gross operating margin | 9900 | €32,120 | -€13,026 | -€45,146 | |
| Operating profit (loss) | 9901 | -€1,130 | -€22,009 | -€20,879 | -1847.7% |
| Financial charges | 65/66B | €1,812 | €1,528 | -€284 | -15.7% |
| Recurring financial charges | 65 | €1,812 | €1,528 | -€284 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,942 | -€23,537 | -€20,595 | -700.0% |
| Income taxes | 67/77 | €6,846 | €229 | -€6,617 | -96.7% |
| Profit (loss) for the period | 9904 | -€9,788 | -€23,766 | -€13,978 | -142.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,788 | -€23,766 | -€13,978 | -142.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2022 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.