KD CARS: 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.
KD CARS
Largest movements
- Stocks and contracts -€77,239
down €77,239 (-99.2%), from €77,883 to €645
- Receivables within one year +€32,785
up €32,785 (+3,134%), from €1,046 to €33,831
of which Trade receivables: +€32,590
- Cash +€6,310
up €6,310 (+17.2%), from €36,791 to €43,101
mainly Stocks and contracts (+€77,239) and Trade debts (+€36,839)
- Tangible fixed assets -€2,444
down €2,444 (-30.8%), from €7,929 to €5,485
- Other debts -€57,229
no longer reported in 2024 (was €57,229)
- Trade debts +€36,839
up €36,839 (+306%), from €12,041 to €48,880
- Advances received -€14,500
no longer reported in 2024 (was €14,500)
- Tax, wage and social debts -€6,105
no longer reported in 2024 (was €6,105)
- Gross operating margin -€30,027
down €30,027 (-91.5%), from €32,802 to €2,774
- Depreciation +€1,833
up €1,833 (+300%), from €611 to €2,444
- Financial income +€413
new in 2024: €413
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 | €123,649 | €83,125 | -€40,524 | -32.8% |
| Fixed assets | 21/28 | €7,929 | €5,485 | -€2,444 | -30.8% |
| Tangible fixed assets | 22/27 | €7,929 | €5,485 | -€2,444 | -30.8% |
| Furniture and vehicles | 24 | €7,929 | €5,485 | -€2,444 | -30.8% |
| Current assets | 29/58 | €115,720 | €77,640 | -€38,080 | -32.9% |
| Stocks and contracts in progress | 3 | €77,883 | €645 | -€77,239 | -99.2% |
| Stocks | 30/36 | €77,883 | €645 | -€77,239 | -99.2% |
| Amounts receivable within one year | 40/41 | €1,046 | €33,831 | +€32,785 | +3,134% |
| Trade receivables | 40 | €413 | €33,003 | +€32,590 | +7,887% |
| Other amounts receivable | 41 | €633 | €828 | +€195 | +30.7% |
| Cash at bank and in hand | 54/58 | €36,791 | €43,101 | +€6,310 | +17.2% |
| Deferred charges and accrued income | 490/1 | - | €64 | +€64 | |
| Total equity and liabilities | 10/49 | €123,649 | €83,125 | -€40,524 | -32.8% |
| Equity | 10/15 | €33,775 | €34,245 | +€470 | +1.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,775 | €32,245 | +€470 | +1.5% |
| Amounts payable | 17/49 | €89,874 | €48,880 | -€40,994 | -45.6% |
| Amounts payable within one year | 42/48 | €89,874 | €48,880 | -€40,994 | -45.6% |
| Trade debts | 44 | €12,041 | €48,880 | +€36,839 | +306% |
| Suppliers | 440/4 | €12,041 | €48,880 | +€36,839 | +306% |
| Advances received on contracts in progress | 46 | €14,500 | - | -€14,500 | |
| Taxes, remuneration and social security | 45 | €6,105 | - | -€6,105 | |
| Taxes | 450/3 | €6,105 | - | -€6,105 | |
| Other amounts payable | 47/48 | €57,229 | - | -€57,229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €611 | €2,444 | +€1,833 | +300% |
| Other operating charges | 640/8 | €384 | €238 | -€146 | -38.1% |
| Gross operating margin | 9900 | €32,802 | €2,774 | -€30,027 | -91.5% |
| Operating profit (loss) | 9901 | €31,806 | €92 | -€31,714 | -99.7% |
| Financial income | 75/76B | - | €413 | +€413 | |
| Recurring financial income | 75 | - | €413 | +€413 | |
| Financial charges | 65/66B | €31 | €35 | +€4 | +12.5% |
| Recurring financial charges | 65 | €31 | €35 | +€4 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €31,775 | €470 | -€31,305 | -98.5% |
| Profit (loss) for the period | 9904 | €31,775 | €470 | -€31,305 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,775 | €470 | -€31,305 | -98.5% |
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 26 October 2026 via checked.be.