Kaymak: 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.
Kaymak
Largest movements
- Cash +€38,074
up €38,074 (+134%), from €28,374 to €66,448
mainly Stocks and contracts (+€36,950) and Net result for the year (+€21,949)
- Stocks and contracts -€36,950
down €36,950 (-63.2%), from €58,488 to €21,538
- Receivables within one year +€7,347
up €7,347 (+13.0%), from €56,317 to €63,665
of which Trade receivables: +€8,354
- Other debts -€26,493
down €26,493 (-19.9%), from €133,462 to €106,970
- Profit (loss) carried forward +€21,949
up €21,949 (+25.5%), from -€85,937 to -€63,988
- Tax, wage and social debts +€12,043
up €12,043 (+234%), from €5,144 to €17,187
of which Taxes: +€7,063
- Purchases and services +€28,124
up €28,124 (+11.0%), from €256,125 to €284,249
- Gross operating margin -€21,132
down €21,132 (-38.1%), from €55,450 to €34,318
- Taxes +€6,633
up €6,633 (+2,685%), from €247 to €6,881
- Depreciation +€1,813
up €1,813 (+338%), from €536 to €2,349
- Staff costs +€1,582
up €1,582 (+980%), from €161 to €1,743
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 | €168,252 | €174,722 | +€6,470 | +3.8% |
| Fixed assets | 21/28 | €24,171 | €23,071 | -€1,100 | -4.6% |
| Tangible fixed assets | 22/27 | €15,333 | €14,233 | -€1,100 | -7.2% |
| Plant, machinery and equipment | 23 | €3,650 | €3,208 | -€442 | -12.1% |
| Furniture and vehicles | 24 | €3,448 | €3,650 | +€202 | +5.9% |
| Other tangible fixed assets | 26 | €8,235 | €7,375 | -€860 | -10.4% |
| Financial fixed assets | 28 | €8,838 | €8,838 | = | 0.0% |
| Current assets | 29/58 | €144,081 | €151,651 | +€7,570 | +5.3% |
| Stocks and contracts in progress | 3 | €58,488 | €21,538 | -€36,950 | -63.2% |
| Stocks | 30/36 | €58,488 | €21,538 | -€36,950 | -63.2% |
| Amounts receivable within one year | 40/41 | €56,317 | €63,665 | +€7,347 | +13.0% |
| Trade receivables | 40 | €52,904 | €61,258 | +€8,354 | +15.8% |
| Other amounts receivable | 41 | €3,413 | €2,407 | -€1,006 | -29.5% |
| Cash at bank and in hand | 54/58 | €28,374 | €66,448 | +€38,074 | +134% |
| Deferred charges and accrued income | 490/1 | €901 | - | -€901 | |
| Total equity and liabilities | 10/49 | €168,252 | €174,722 | +€6,470 | +3.8% |
| Equity | 10/15 | €13,623 | €35,572 | +€21,949 | +161% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,960 | €80,960 | = | 0.0% |
| Distributable reserves | 133 | €80,960 | €80,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,937 | -€63,988 | +€21,949 | +25.5% |
| Amounts payable | 17/49 | €154,629 | €139,150 | -€15,479 | -10.0% |
| Amounts payable within one year | 42/48 | €154,629 | €139,150 | -€15,479 | -10.0% |
| Trade debts | 44 | €16,023 | €14,993 | -€1,030 | -6.4% |
| Suppliers | 440/4 | €16,023 | €14,993 | -€1,030 | -6.4% |
| Taxes, remuneration and social security | 45 | €5,144 | €17,187 | +€12,043 | +234% |
| Taxes | 450/3 | €5,144 | €12,207 | +€7,063 | +137% |
| Remuneration and social security | 454/9 | - | €4,980 | +€4,980 | |
| Other amounts payable | 47/48 | €133,462 | €106,970 | -€26,493 | -19.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €256,125 | €284,249 | +€28,124 | +11.0% |
| Remuneration, social security and pensions | 62 | €161 | €1,743 | +€1,582 | +980% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536 | €2,349 | +€1,813 | +338% |
| Other operating charges | 640/8 | €951 | €1,152 | +€201 | +21.1% |
| Gross operating margin | 9900 | €55,450 | €34,318 | -€21,132 | -38.1% |
| Operating profit (loss) | 9901 | €53,801 | €29,073 | -€24,728 | -46.0% |
| Financial income | 75/76B | €23 | €140 | +€118 | +522% |
| Recurring financial income | 75 | €23 | €140 | +€118 | +522% |
| Financial charges | 65/66B | €198 | €383 | +€185 | +93.2% |
| Recurring financial charges | 65 | €198 | €383 | +€185 | +93.2% |
| Profit (loss) for the period before taxes | 9903 | €53,625 | €28,830 | -€24,796 | -46.2% |
| Income taxes | 67/77 | €247 | €6,881 | +€6,633 | +2,685% |
| Profit (loss) for the period | 9904 | €53,378 | €21,949 | -€31,429 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,378 | €21,949 | -€31,429 | -58.9% |
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 14 October 2026 via checked.be.