KDB CREATIVE: 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.
KDB CREATIVE
Largest movements
- Stocks and contracts -€44,657
down €44,657 (-88.8%), from €50,302 to €5,644
- Tangible fixed assets -€42,670
no longer reported in 2023 (was €42,670)
of which Plant, machinery and equipment: -€42,050
- Cash +€8,970
new in 2023: €8,970
mainly Stocks and contracts (+€44,657) and Investment in fixed assets (net) (+€42,670)
- Receivables within one year +€1,008
up €1,008 (+104.0%), from €970 to €1,978
of which Trade receivables: +€636
- Other debts -€37,659
down €37,659 (-41.9%), from €89,921 to €52,263
- Profit (loss) carried forward -€35,936
down €35,936 (-128.6%), from -€27,944 to -€63,879
- Tax, wage and social debts +€6,424
up €6,424 (+1147.4%), from €560 to €6,984
- Provisions -€4,500
no longer reported in 2023 (was €4,500)
- Short-term financial debts -€3,795
no longer reported in 2023 (was €3,795)
- Gross operating margin -€25,453
down €25,453 (-2891.0%), from -€880 to -€26,334
- Depreciation -€9,219
no longer reported in 2023 (was €9,219)
- Financial charges -€352
down €352 (-41.0%), from €859 to €507
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,698 | €18,225 | -€77,473 | -81.0% |
| Fixed assets | 21/28 | €42,670 | - | -€42,670 | |
| Tangible fixed assets | 22/27 | €42,670 | - | -€42,670 | |
| Plant, machinery and equipment | 23 | €42,050 | - | -€42,050 | |
| Furniture and vehicles | 24 | €620 | - | -€620 | |
| Current assets | 29/58 | €53,028 | €18,225 | -€34,803 | -65.6% |
| Stocks and contracts in progress | 3 | €50,302 | €5,644 | -€44,657 | -88.8% |
| Stocks | 30/36 | €50,302 | €5,644 | -€44,657 | -88.8% |
| Amounts receivable within one year | 40/41 | €970 | €1,978 | +€1,008 | +104.0% |
| Trade receivables | 40 | €823 | €1,459 | +€636 | +77.2% |
| Other amounts receivable | 41 | €146 | €519 | +€372 | +254.6% |
| Cash at bank and in hand | 54/58 | - | €8,970 | +€8,970 | |
| Deferred charges and accrued income | 490/1 | €1,757 | €1,633 | -€124 | -7.1% |
| Total equity and liabilities | 10/49 | €95,698 | €18,225 | -€77,473 | -81.0% |
| Equity | 10/15 | -€9,344 | -€45,279 | -€35,936 | -384.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,944 | -€63,879 | -€35,936 | -128.6% |
| Provisions and deferred taxes | 16 | €4,500 | - | -€4,500 | |
| Provisions for liabilities and charges | 160/5 | €4,500 | - | -€4,500 | |
| Other liabilities and charges | 164/5 | €4,500 | - | -€4,500 | |
| Amounts payable | 17/49 | €100,542 | €63,504 | -€37,038 | -36.8% |
| Amounts payable after more than one year | 17 | €872 | - | -€872 | |
| Financial debts | 170/4 | €872 | - | -€872 | |
| Amounts payable within one year | 42/48 | €99,124 | €62,576 | -€36,548 | -36.9% |
| Current portion of amounts payable after more than one year | 42 | €3,453 | - | -€3,453 | |
| Financial debts | 43 | €3,795 | - | -€3,795 | |
| Credit institutions | 430/8 | €3,795 | - | -€3,795 | |
| Trade debts | 44 | €1,396 | €3,329 | +€1,933 | +138.5% |
| Suppliers | 440/4 | €1,396 | €3,329 | +€1,933 | +138.5% |
| Taxes, remuneration and social security | 45 | €560 | €6,984 | +€6,424 | +1147.4% |
| Taxes | 450/3 | €560 | €6,984 | +€6,424 | +1147.4% |
| Other amounts payable | 47/48 | €89,921 | €52,263 | -€37,659 | -41.9% |
| Accrued charges and deferred income | 492/3 | €546 | €928 | +€382 | +70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,219 | - | -€9,219 | |
| Other operating charges | 640/8 | €348 | €493 | +€146 | +41.9% |
| Non-recurring operating charges | 66A | - | €9,881 | +€9,881 | |
| Gross operating margin | 9900 | -€880 | -€26,334 | -€25,453 | -2891.0% |
| Operating profit (loss) | 9901 | -€10,447 | -€36,708 | -€26,261 | -251.4% |
| Financial income | 75/76B | €1,478 | €1,397 | -€81 | -5.5% |
| Recurring financial income | 75 | €63 | €1,397 | +€1,334 | +2115.5% |
| Non-recurring financial income | 76B | €1,415 | - | -€1,415 | |
| Financial charges | 65/66B | €859 | €507 | -€352 | -41.0% |
| Recurring financial charges | 65 | €859 | €507 | -€352 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,828 | -€35,819 | -€25,990 | -264.5% |
| Income taxes | 67/77 | €116 | €117 | +€1 | +0.7% |
| Profit (loss) for the period | 9904 | -€9,944 | -€35,936 | -€25,991 | -261.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,944 | -€35,936 | -€25,991 | -261.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.