KEIRALI: 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.
KEIRALI
Largest movements
- Receivables within one year +€270,657
up €270,657 (+57.6%), from €470,187 to €740,844
- Cash +€95,156
up €95,156 (+155.2%), from €61,326 to €156,482
mainly Net result for the year (+€395,565) and Tax, wage and social debts (+€45,507)
- Tangible fixed assets +€25,858
up €25,858 (+1420.0%), from €1,821 to €27,679
- Profit (loss) carried forward +€395,565
up €395,565 (+104.9%), from €376,996 to €772,561
- Tax, wage and social debts +€45,507
up €45,507 (+38.5%), from €118,318 to €163,824
- Current portion of long-term debt -€40,000
no longer reported in 2023 (was €40,000)
- Gross operating margin +€220,507
up €220,507 (+77.0%), from €286,255 to €506,762
- Taxes +€56,241
up €56,241 (+76.9%), from €73,114 to €129,356
- Financial income +€9,948
up €9,948 (+47.4%), from €21,006 to €30,953
- Depreciation +€7,995
up €7,995 (+3616.6%), from €221 to €8,216
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 | €539,314 | €940,385 | +€401,071 | +74.4% |
| Fixed assets | 21/28 | €7,801 | €43,059 | +€35,258 | +452.0% |
| Tangible fixed assets | 22/27 | €1,821 | €27,679 | +€25,858 | +1420.0% |
| Furniture and vehicles | 24 | €1,821 | €27,679 | +€25,858 | +1420.0% |
| Financial fixed assets | 28 | €5,980 | €15,380 | +€9,400 | +157.2% |
| Current assets | 29/58 | €531,513 | €897,326 | +€365,813 | +68.8% |
| Amounts receivable within one year | 40/41 | €470,187 | €740,844 | +€270,657 | +57.6% |
| Other amounts receivable | 41 | €470,187 | €740,844 | +€270,657 | +57.6% |
| Cash at bank and in hand | 54/58 | €61,326 | €156,482 | +€95,156 | +155.2% |
| Total equity and liabilities | 10/49 | €539,314 | €940,385 | +€401,071 | +74.4% |
| Equity | 10/15 | €380,996 | €776,561 | +€395,565 | +103.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376,996 | €772,561 | +€395,565 | +104.9% |
| Amounts payable | 17/49 | €158,318 | €163,824 | +€5,507 | +3.5% |
| Amounts payable within one year | 42/48 | €158,318 | €163,824 | +€5,507 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | - | -€40,000 | |
| Taxes, remuneration and social security | 45 | €118,318 | €163,824 | +€45,507 | +38.5% |
| Taxes | 450/3 | €118,318 | €163,824 | +€45,507 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221 | €8,216 | +€7,995 | +3616.6% |
| Other operating charges | 640/8 | €1,975 | €2,980 | +€1,005 | +50.9% |
| Gross operating margin | 9900 | €286,255 | €506,762 | +€220,507 | +77.0% |
| Operating profit (loss) | 9901 | €284,059 | €495,566 | +€211,507 | +74.5% |
| Financial income | 75/76B | €21,006 | €30,953 | +€9,948 | +47.4% |
| Recurring financial income | 75 | €21,006 | €30,953 | +€9,948 | +47.4% |
| Financial charges | 65/66B | €652 | €1,599 | +€948 | +145.4% |
| Recurring financial charges | 65 | €652 | €1,599 | +€948 | +145.4% |
| Profit (loss) for the period before taxes | 9903 | €304,413 | €524,920 | +€220,507 | +72.4% |
| Income taxes | 67/77 | €73,114 | €129,356 | +€56,241 | +76.9% |
| Profit (loss) for the period | 9904 | €231,299 | €395,565 | +€164,266 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €231,299 | €395,565 | +€164,266 | +71.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.