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Kdesign: 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

Kdesign

BE 0672.574.640
NACE 47.252, Retail sale of beverages, general range
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€35,080
2023 · €15,865+€19,214
Equity
€107,753
2023 · €102,465+€5,289
Cash
€92,863
2023 · €90,797+€2,067
Balance sheet total
€137,675
2023 · €118,138+€19,537

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€21,600

    up €21,600 (+414.2%), from €5,215 to €26,815

    of which Trade receivables: +€15,538

  • Stocks and contracts -€3,326

    down €3,326 (-35.6%), from €9,339 to €6,013

  • Cash +€2,067

    up €2,067 (+2.3%), from €90,797 to €92,863

    mainly Net result for the year (+€35,080) and Tax, wage and social debts (+€11,737)

Equity and liabilities
  • Tax, wage and social debts +€11,737

    up €11,737 (+113.8%), from €10,316 to €22,053

    of which Taxes: +€13,237

  • Reserves +€5,289

    up €5,289 (+5.2%), from €102,465 to €107,753

    of which Distributable reserves: +€5,289

  • Trade debts +€4,018

    up €4,018 (+184.0%), from €2,184 to €6,203

  • Other debts -€1,507

    down €1,507 (-47.5%), from €3,173 to €1,666

Income statement
  • Gross operating margin +€23,238

    up €23,238 (+79.1%), from €29,378 to €52,616

  • Taxes +€5,909

    up €5,909 (+73.1%), from €8,087 to €13,996

  • Depreciation -€1,263

    down €1,263 (-30.9%), from €4,092 to €2,829

  • Other operating charges -€550

    down €550 (-82.3%), from €668 to €118

From the 2023 result to the 2024 result

effect on the 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 €15,865
Gross operating margin +€23,238
Depreciation +€1,263
Other operating charges +€550
Financial income +€158
Financial charges -€87
Taxes -€5,909
Result 2024 €35,080

Cash bridge derived

cash 2023 to 2024

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 +€34,158
Investment -€2,300
Financing -€29,791
Cash 2023 €90,797
Net result for the year +€35,080
Depreciation +€2,829
Stocks and contracts +€3,326
Receivables within one year -€21,600
Deferred charges and accrued income +€275
Trade debts +€4,018
Tax, wage and social debts +€11,737
Other debts -€1,507
Investment in fixed assets (net) -€2,300
Contributions, distributions and other -€29,791
Cash 2024 €92,863
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €118,138 €137,675 +€19,537 +16.5%
Fixed assets 21/28 €12,513 €11,984 -€529 -4.2%
Intangible fixed assets 21 €1,416 €616 -€800 -56.5%
Tangible fixed assets 22/27 €11,096 €11,367 +€271 +2.4%
Plant, machinery and equipment 23 €2,468 €1,454 -€1,015 -41.1%
Furniture and vehicles 24 €8,628 €9,913 +€1,286 +14.9%
Current assets 29/58 €105,626 €125,692 +€20,066 +19.0%
Stocks and contracts in progress 3 €9,339 €6,013 -€3,326 -35.6%
Stocks 30/36 €9,339 €6,013 -€3,326 -35.6%
Amounts receivable within one year 40/41 €5,215 €26,815 +€21,600 +414.2%
Trade receivables 40 €5,213 €20,751 +€15,538 +298.0%
Other amounts receivable 41 €2 €6,065 +€6,062 +275561.4%
Cash at bank and in hand 54/58 €90,797 €92,863 +€2,067 +2.3%
Deferred charges and accrued income 490/1 €275 - -€275
Total equity and liabilities 10/49 €118,138 €137,675 +€19,537 +16.5%
Equity 10/15 €102,465 €107,753 +€5,289 +5.2%
Reserves 13 €102,465 €107,753 +€5,289 +5.2%
Tax-exempt reserves 132 €5,914 €5,914 = 0.0%
Distributable reserves 133 €96,551 €101,839 +€5,289 +5.5%
Amounts payable 17/49 €15,674 €29,922 +€14,248 +90.9%
Amounts payable within one year 42/48 €15,674 €29,922 +€14,248 +90.9%
Trade debts 44 €2,184 €6,203 +€4,018 +184.0%
Suppliers 440/4 €2,184 €6,203 +€4,018 +184.0%
Taxes, remuneration and social security 45 €10,316 €22,053 +€11,737 +113.8%
Taxes 450/3 €8,816 €22,053 +€13,237 +150.1%
Remuneration and social security 454/9 €1,500 - -€1,500
Other amounts payable 47/48 €3,173 €1,666 -€1,507 -47.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,092 €2,829 -€1,263 -30.9%
Other operating charges 640/8 €668 €118 -€550 -82.3%
Gross operating margin 9900 €29,378 €52,616 +€23,238 +79.1%
Operating profit (loss) 9901 €24,617 €49,669 +€25,052 +101.8%
Financial income 75/76B - €158 +€158
Recurring financial income 75 - €158 +€158
Financial charges 65/66B €664 €751 +€87 +13.1%
Recurring financial charges 65 €664 €751 +€87 +13.1%
Profit (loss) for the period before taxes 9903 €23,953 €49,076 +€25,123 +104.9%
Income taxes 67/77 €8,087 €13,996 +€5,909 +73.1%
Profit (loss) for the period 9904 €15,865 €35,080 +€19,214 +121.1%
Profit (loss) for the period to be appropriated 9905 €15,865 €35,080 +€19,214 +121.1%

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 29 September 2026 via checked.be.