KAYS MANAGEMENT: 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.
KAYS MANAGEMENT
Largest movements
- Cash -€3,475
down €3,475 (-84.9%), from €4,091 to €616
mainly Other debts (-€7,703) and Trade debts (-€6,540)
- Profit (loss) carried forward +€10,769
up €10,769 (+8.5%), from -€125,973 to -€115,205
- Other debts -€7,703
down €7,703 (-13.6%), from €56,841 to €49,138
- Trade debts -€6,540
down €6,540 (-78.0%), from €8,379 to €1,839
- Financial charges -€105,590
down €105,590 (-99.8%), from €105,832 to €243
of which Non-recurring financial charges: -€105,500
- Gross operating margin +€13,999
up €13,999, from -€2,600 to €11,399
- Other operating charges -€4,530
down €4,530 (-92.1%), from €4,917 to €387
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 | €16,491 | €13,016 | -€3,475 | -21.1% |
| Fixed assets | 21/28 | €9,900 | €9,900 | = | 0.0% |
| Financial fixed assets | 28 | €9,900 | €9,900 | = | 0.0% |
| Current assets | 29/58 | €6,591 | €3,116 | -€3,475 | -52.7% |
| Amounts receivable within one year | 40/41 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 41 | €2,500 | €2,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,091 | €616 | -€3,475 | -84.9% |
| Total equity and liabilities | 10/49 | €16,491 | €13,016 | -€3,475 | -21.1% |
| Equity | 10/15 | -€105,513 | -€94,745 | +€10,769 | +10.2% |
| 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 | -€125,973 | -€115,205 | +€10,769 | +8.5% |
| Provisions and deferred taxes | 16 | €56,784 | €56,784 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €56,784 | €56,784 | = | 0.0% |
| Pensions and similar obligations | 160 | €56,784 | €56,784 | = | 0.0% |
| Amounts payable | 17/49 | €65,220 | €50,977 | -€14,243 | -21.8% |
| Amounts payable within one year | 42/48 | €65,220 | €50,977 | -€14,243 | -21.8% |
| Trade debts | 44 | €8,379 | €1,839 | -€6,540 | -78.0% |
| Suppliers | 440/4 | €8,379 | €1,839 | -€6,540 | -78.0% |
| Other amounts payable | 47/48 | €56,841 | €49,138 | -€7,703 | -13.6% |
| Other operating charges | 640/8 | €4,917 | €387 | -€4,530 | -92.1% |
| Gross operating margin | 9900 | -€2,600 | €11,399 | +€13,999 | |
| Operating profit (loss) | 9901 | -€7,517 | €11,011 | +€18,528 | |
| Financial charges | 65/66B | €105,832 | €243 | -€105,590 | -99.8% |
| Recurring financial charges | 65 | €332 | €243 | -€90 | -27.0% |
| Non-recurring financial charges | 66B | €105,500 | - | -€105,500 | |
| Profit (loss) for the period before taxes | 9903 | -€113,349 | €10,769 | +€124,118 | |
| Profit (loss) for the period | 9904 | -€113,349 | €10,769 | +€124,118 | |
| Profit (loss) for the period to be appropriated | 9905 | -€113,349 | €10,769 | +€124,118 |
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.