KDE International: 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.
KDE International
Largest movements
- Stocks and contracts +€900,736
up €900,736 (+2,528%), from €35,626 to €936,362
- Receivables within one year +€470,108
up €470,108 (+3,481%), from €13,505 to €483,613
of which Other amounts receivable: +€248,909
- Cash -€17,842
down €17,842 (-72.1%), from €24,761 to €6,919
mainly Stocks and contracts (-€900,736) and Receivables within one year (-€470,108)
- Trade debts +€764,156
up €764,156 (+456%), from €167,566 to €931,722
- Other debts +€570,000
up €570,000 (+633%), from €89,996 to €659,996
- Turnover +€527,284
up €527,284 (+107%), from €494,300 to €1.0m
- Purchases and services +€509,762
up €509,762 (+124%), from €411,476 to €921,238
- Other operating charges +€63,944
up €63,944 (+2,493%), from €2,565 to €66,508
- Staff costs -€34,492
no longer reported in 2024 (was €34,492)
- Financial charges +€20,685
up €20,685 (+891%), from €2,320 to €23,005
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 | €75,409 | €1,429,873 | +€1.4m | +1,796% |
| Fixed assets | 21/28 | €1,510 | €647 | -€863 | -57.2% |
| Tangible fixed assets | 22/27 | €1,510 | €647 | -€863 | -57.2% |
| Plant, machinery and equipment | 23 | €1,189 | €621 | -€567 | -47.7% |
| Furniture and vehicles | 24 | €322 | €26 | -€296 | -91.9% |
| Current assets | 29/58 | €73,899 | €1,429,226 | +€1.4m | +1,834% |
| Stocks and contracts in progress | 3 | €35,626 | €936,362 | +€900,736 | +2,528% |
| Stocks | 30/36 | €35,626 | €936,362 | +€900,736 | +2,528% |
| Amounts receivable within one year | 40/41 | €13,505 | €483,613 | +€470,108 | +3,481% |
| Trade receivables | 40 | - | €221,200 | +€221,200 | |
| Other amounts receivable | 41 | €13,505 | €262,413 | +€248,909 | +1,843% |
| Cash at bank and in hand | 54/58 | €24,761 | €6,919 | -€17,842 | -72.1% |
| Deferred charges and accrued income | 490/1 | €7 | €2,332 | +€2,324 | +31,280% |
| Total equity and liabilities | 10/49 | €75,409 | €1,429,873 | +€1.4m | +1,796% |
| Equity | 10/15 | -€186,251 | -€175,405 | +€10,846 | +5.8% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€251,251 | -€240,405 | +€10,846 | +4.3% |
| Amounts payable | 17/49 | €261,660 | €1,605,277 | +€1.3m | +513% |
| Amounts payable within one year | 42/48 | €261,660 | €1,605,277 | +€1.3m | +513% |
| Current portion of amounts payable after more than one year | 42 | - | €9,831 | +€9,831 | |
| Trade debts | 44 | €167,566 | €931,722 | +€764,156 | +456% |
| Suppliers | 440/4 | €167,566 | €931,722 | +€764,156 | +456% |
| Taxes, remuneration and social security | 45 | €4,098 | €3,728 | -€370 | -9.0% |
| Remuneration and social security | 454/9 | €4,098 | €3,728 | -€370 | -9.0% |
| Other amounts payable | 47/48 | €89,996 | €659,996 | +€570,000 | +633% |
| Turnover | 70 | €494,300 | €1,021,584 | +€527,284 | +107% |
| Goods, raw materials, services and sundry goods | 60/61 | €411,476 | €921,238 | +€509,762 | +124% |
| Remuneration, social security and pensions | 62 | €34,492 | - | -€34,492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €863 | €863 | = | 0.0% |
| Other operating charges | 640/8 | €2,565 | €66,508 | +€63,944 | +2,493% |
| Gross operating margin | 9900 | €84,091 | €100,627 | +€16,536 | +19.7% |
| Operating profit (loss) | 9901 | €46,172 | €33,255 | -€12,917 | -28.0% |
| Financial income | 75/76B | - | €596 | +€596 | |
| Recurring financial income | 75 | - | €596 | +€596 | |
| Financial charges | 65/66B | €2,320 | €23,005 | +€20,685 | +891% |
| Recurring financial charges | 65 | €2,320 | €23,005 | +€20,685 | +891% |
| Profit (loss) for the period before taxes | 9903 | €43,851 | €10,846 | -€33,005 | -75.3% |
| Profit (loss) for the period | 9904 | €43,851 | €10,846 | -€33,005 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,851 | €10,846 | -€33,005 | -75.3% |
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 30 October 2026 via checked.be.