KAYNAAT: 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.
KAYNAAT
Largest movements
- Cash -€85,913
down €85,913 (-74.8%), from €114,912 to €28,999
mainly Trade debts (-€106,142) and Receivables within one year (-€19,145)
- Receivables within one year +€19,145
up €19,145 (+10.0%), from €191,818 to €210,964
of which Other amounts receivable: +€24,244
- Tangible fixed assets +€4,151
up €4,151 (+303%), from €1,370 to €5,521
of which Plant, machinery and equipment: +€4,681
- Trade debts -€106,142
down €106,142 (-47.7%), from €222,530 to €116,388
- Profit (loss) carried forward +€51,019
up €51,019 (+74.4%), from -€68,563 to -€17,544
- Tax, wage and social debts -€16,309
down €16,309 (-21.0%), from €77,548 to €61,239
of which Taxes: -€10,749
- Other debts +€13,769
up €13,769 (+20.3%), from €67,851 to €81,620
- Gross operating margin +€38,152
up €38,152 (+20.1%), from €189,583 to €227,735
- Staff costs -€21,445
down €21,445 (-11.6%), from €185,411 to €163,966
- Taxes +€8,560
new in 2024: €8,560
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 | €354,827 | €297,164 | -€57,663 | -16.3% |
| Fixed assets | 21/28 | €9,755 | €17,005 | +€7,251 | +74.3% |
| Tangible fixed assets | 22/27 | €1,370 | €5,521 | +€4,151 | +303% |
| Plant, machinery and equipment | 23 | - | €4,681 | +€4,681 | |
| Furniture and vehicles | 24 | €1,370 | €840 | -€530 | -38.7% |
| Financial fixed assets | 28 | €8,385 | €11,485 | +€3,100 | +37.0% |
| Current assets | 29/58 | €345,072 | €280,158 | -€64,914 | -18.8% |
| Stocks and contracts in progress | 3 | €37,544 | €39,379 | +€1,836 | +4.9% |
| Stocks | 30/36 | €37,544 | €39,379 | +€1,836 | +4.9% |
| Amounts receivable within one year | 40/41 | €191,818 | €210,964 | +€19,145 | +10.0% |
| Trade receivables | 40 | €53,630 | €48,531 | -€5,099 | -9.5% |
| Other amounts receivable | 41 | €138,188 | €162,432 | +€24,244 | +17.5% |
| Cash at bank and in hand | 54/58 | €114,912 | €28,999 | -€85,913 | -74.8% |
| Deferred charges and accrued income | 490/1 | €799 | €816 | +€18 | +2.2% |
| Total equity and liabilities | 10/49 | €354,827 | €297,164 | -€57,663 | -16.3% |
| Equity | 10/15 | -€48,103 | €2,916 | +€51,019 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,563 | -€17,544 | +€51,019 | +74.4% |
| Amounts payable | 17/49 | €402,930 | €294,247 | -€108,683 | -27.0% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Financial debts | 170/4 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €367,930 | €259,247 | -€108,683 | -29.5% |
| Trade debts | 44 | €222,530 | €116,388 | -€106,142 | -47.7% |
| Suppliers | 440/4 | €222,530 | €116,388 | -€106,142 | -47.7% |
| Taxes, remuneration and social security | 45 | €77,548 | €61,239 | -€16,309 | -21.0% |
| Taxes | 450/3 | €39,015 | €28,265 | -€10,749 | -27.6% |
| Remuneration and social security | 454/9 | €38,533 | €32,974 | -€5,560 | -14.4% |
| Other amounts payable | 47/48 | €67,851 | €81,620 | +€13,769 | +20.3% |
| Remuneration, social security and pensions | 62 | €185,411 | €163,966 | -€21,445 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €967 | €689 | -€278 | -28.7% |
| Other operating charges | 640/8 | €1,573 | €883 | -€690 | -43.9% |
| Gross operating margin | 9900 | €189,583 | €227,735 | +€38,152 | +20.1% |
| Operating profit (loss) | 9901 | €1,632 | €62,197 | +€60,565 | +3,712% |
| Financial income | 75/76B | €0 | €60 | +€60 | +37,281% |
| Recurring financial income | 75 | €0 | €60 | +€60 | +37,281% |
| Financial charges | 65/66B | €3,341 | €2,678 | -€663 | -19.8% |
| Recurring financial charges | 65 | €3,341 | €2,678 | -€663 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,709 | €59,579 | +€61,288 | |
| Income taxes | 67/77 | - | €8,560 | +€8,560 | |
| Profit (loss) for the period | 9904 | -€1,709 | €51,019 | +€52,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,709 | €51,019 | +€52,728 |
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 16 October 2026 via checked.be.