KD85.COM: what changed
Two fiscal 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.
What changed
KD85.COM
NACE 43.120, Site preparation
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,431
2023 · €13,130-€15,561
Equity
-€46,172
2023 · -€43,742-€2,431
Cash
€18,825
2023 · €18,189+€636
Balance sheet total
€1.0m
2023 · €1.0m+€7,040
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Trade debts +€18,958
up €18,958 (+20.1%), from €94,297 to €113,255
Income statement
- Gross operating margin -€18,713
down €18,713 (-84.4%), from €22,178 to €3,464
- Depreciation -€3,384
down €3,384 (-43.9%), from €7,714 to €4,331
- Financial charges +€434
up €434 (+573.8%), from €76 to €509
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.
Result 2023
€13,130
Gross operating margin
-€18,713
Depreciation
+€3,384
Other operating charges
+€216
Financial income
-€0
Financial charges
-€434
Taxes
-€13
Result 2024
-€2,431
Cash bridge derived
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.
From operations
+€4,851
Investment
-€4,215
Financing
€0
Cash 2023
€18,189
From operations (derived)
+€4,851
Net result for the year
-€2,431
Depreciation
+€4,331
Receivables within one year
-€6,291
Deferred charges and accrued income
-€228
Trade debts
+€18,958
Tax, wage and social debts
-€6,159
Other debts
-€3,328
Investment (derived)
-€4,215
Investment in fixed assets (net)
-€4,215
Cash 2024
€18,825
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,010,761 | €1,017,801 | +€7,040 | +0.7% |
| Fixed assets | 21/28 | €7,007 | €6,892 | -€115 | -1.6% |
| Tangible fixed assets | 22/27 | €7,007 | €6,892 | -€115 | -1.6% |
| Land and buildings | 22 | €904 | €1,784 | +€880 | +97.3% |
| Plant, machinery and equipment | 23 | €5,518 | €3,601 | -€1,917 | -34.7% |
| Furniture and vehicles | 24 | €585 | €1,507 | +€922 | +157.7% |
| Current assets | 29/58 | €1,003,753 | €1,010,909 | +€7,156 | +0.7% |
| Stocks and contracts in progress | 3 | €121,498 | €121,498 | = | 0.0% |
| Stocks | 30/36 | €121,498 | €121,498 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €864,066 | €870,358 | +€6,291 | +0.7% |
| Trade receivables | 40 | €858,852 | €863,057 | +€4,205 | +0.5% |
| Other amounts receivable | 41 | €5,215 | €7,301 | +€2,086 | +40.0% |
| Cash at bank and in hand | 54/58 | €18,189 | €18,825 | +€636 | +3.5% |
| Deferred charges and accrued income | 490/1 | - | €228 | +€228 | |
| Total equity and liabilities | 10/49 | €1,010,761 | €1,017,801 | +€7,040 | +0.7% |
| Equity | 10/15 | -€43,742 | -€46,172 | -€2,431 | -5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,229 | €2,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €370 | €370 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,562 | -€66,993 | -€2,431 | -3.8% |
| Amounts payable | 17/49 | €1,054,502 | €1,063,973 | +€9,471 | +0.9% |
| Amounts payable within one year | 42/48 | €1,054,502 | €1,063,973 | +€9,471 | +0.9% |
| Trade debts | 44 | €94,297 | €113,255 | +€18,958 | +20.1% |
| Suppliers | 440/4 | €94,297 | €113,255 | +€18,958 | +20.1% |
| Advances received on contracts in progress | 46 | €205,000 | €205,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,570 | €8,411 | -€6,159 | -42.3% |
| Taxes | 450/3 | €14,570 | €8,411 | -€6,159 | -42.3% |
| Other amounts payable | 47/48 | €740,635 | €737,307 | -€3,328 | -0.4% |
| Non-recurring operating income | 76A | €25,000 | - | -€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,714 | €4,331 | -€3,384 | -43.9% |
| Other operating charges | 640/8 | €644 | €428 | -€216 | -33.5% |
| Gross operating margin | 9900 | €22,178 | €3,464 | -€18,713 | -84.4% |
| Operating profit (loss) | 9901 | €13,819 | -€1,295 | -€15,114 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €76 | €509 | +€434 | +573.8% |
| Recurring financial charges | 65 | €76 | €509 | +€434 | +573.8% |
| Profit (loss) for the period before taxes | 9903 | €13,744 | -€1,804 | -€15,548 | |
| Income taxes | 67/77 | €614 | €627 | +€13 | +2.1% |
| Profit (loss) for the period | 9904 | €13,130 | -€2,431 | -€15,561 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,130 | -€2,431 | -€15,561 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.