KAYTECH: 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.
KAYTECH
Largest movements
- Receivables within one year +€49,566
up €49,566 (+235%), from €21,088 to €70,654
of which Other amounts receivable: +€40,837
- Tangible fixed assets +€883
new in 2024: €883
- Cash +€803
up €803 (+25.4%), from €3,162 to €3,965
mainly Net result for the year (+€36,620) and Tax, wage and social debts (+€16,301)
- Profit (loss) carried forward +€36,620
up €36,620 (+246%), from €14,860 to €51,480
- Tax, wage and social debts +€16,301
up €16,301 (+347%), from €4,693 to €20,994
of which Remuneration and social security: +€17,614
- Other debts -€1,020
no longer reported in 2024 (was €1,020)
- Turnover +€145,296
up €145,296 (+336%), from €43,218 to €188,514
- Gross operating margin +€73,874
up €73,874 (+227%), from €32,610 to €106,484
- Purchases and services +€71,422
up €71,422 (+673%), from €10,608 to €82,030
- Staff costs +€33,731
up €33,731 (+281%), from €12,000 to €45,731
- Financial charges +€23,820
up €23,820 (+85,072%), from €28 to €23,848
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 | €24,250 | €75,503 | +€51,253 | +211% |
| Fixed assets | 21/28 | - | €883 | +€883 | |
| Tangible fixed assets | 22/27 | - | €883 | +€883 | |
| Plant, machinery and equipment | 23 | - | €883 | +€883 | |
| Current assets | 29/58 | €24,250 | €74,619 | +€50,369 | +208% |
| Amounts receivable within one year | 40/41 | €21,088 | €70,654 | +€49,566 | +235% |
| Trade receivables | 40 | - | €8,729 | +€8,729 | |
| Other amounts receivable | 41 | €21,088 | €61,925 | +€40,837 | +194% |
| Cash at bank and in hand | 54/58 | €3,162 | €3,965 | +€803 | +25.4% |
| Total equity and liabilities | 10/49 | €24,250 | €75,503 | +€51,253 | +211% |
| Equity | 10/15 | €17,889 | €54,509 | +€36,620 | +205% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €1,029 | €1,029 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,029 | - | -€1,029 | |
| Legal reserve | 130 | €1,029 | - | -€1,029 | |
| Distributable reserves | 133 | - | €1,029 | +€1,029 | |
| Profit (loss) carried forward | 14 | €14,860 | €51,480 | +€36,620 | +246% |
| Amounts payable | 17/49 | €6,361 | €20,994 | +€14,633 | +230% |
| Amounts payable within one year | 42/48 | €6,361 | €20,994 | +€14,633 | +230% |
| Trade debts | 44 | €648 | - | -€648 | |
| Suppliers | 440/4 | €648 | - | -€648 | |
| Taxes, remuneration and social security | 45 | €4,693 | €20,994 | +€16,301 | +347% |
| Taxes | 450/3 | €4,693 | €3,379 | -€1,314 | -28.0% |
| Remuneration and social security | 454/9 | - | €17,614 | +€17,614 | |
| Other amounts payable | 47/48 | €1,020 | - | -€1,020 | |
| Turnover | 70 | €43,218 | €188,514 | +€145,296 | +336% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,608 | €82,030 | +€71,422 | +673% |
| Remuneration, social security and pensions | 62 | €12,000 | €45,731 | +€33,731 | +281% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €285 | +€285 | |
| Gross operating margin | 9900 | €32,610 | €106,484 | +€73,874 | +227% |
| Operating profit (loss) | 9901 | €20,610 | €60,468 | +€39,858 | +193% |
| Financial charges | 65/66B | €28 | €23,848 | +€23,820 | +85,072% |
| Recurring financial charges | 65 | €28 | €23,848 | +€23,820 | +85,072% |
| Profit (loss) for the period before taxes | 9903 | €20,582 | €36,620 | +€16,038 | +77.9% |
| Income taxes | 67/77 | €4,693 | - | -€4,693 | |
| Profit (loss) for the period | 9904 | €15,889 | €36,620 | +€20,731 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €15,889 | €36,620 | +€20,731 | +130% |
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.