KERIE: 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.
KERIE
Largest movements
- Receivables within one year -€46,273
down €46,273 (-16.2%), from €285,273 to €239,001
of which Other amounts receivable: -€52,223
- Tangible fixed assets -€10,446
down €10,446 (-8.5%), from €123,154 to €112,708
of which Land and buildings: -€10,094
- Tax, wage and social debts -€47,815
down €47,815 (-51.6%), from €92,700 to €44,885
- Profit (loss) carried forward -€12,119
down €12,119 (-11.4%), from €106,047 to €93,929
- Debts after one year -€8,692
down €8,692 (-12.2%), from €71,363 to €62,671
- Advances received +€7,200
up €7,200 (+30.6%), from €23,534 to €30,734
- Trade debts +€4,532
up €4,532 (+87.1%), from €5,205 to €9,738
- Gross operating margin -€35,096
down €35,096, from €23,153 to -€11,943
- Financial income +€12,597
new in 2023: €12,597
- Financial charges -€6,306
down €6,306 (-73.1%), from €8,633 to €2,326
- Taxes -€681
no longer reported in 2023 (was €681)
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 | €408,869 | €352,150 | -€56,719 | -13.9% |
| Fixed assets | 21/28 | €123,389 | €112,943 | -€10,446 | -8.5% |
| Tangible fixed assets | 22/27 | €123,154 | €112,708 | -€10,446 | -8.5% |
| Land and buildings | 22 | €122,253 | €112,159 | -€10,094 | -8.3% |
| Furniture and vehicles | 24 | €901 | €548 | -€353 | -39.1% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €285,480 | €239,207 | -€46,273 | -16.2% |
| Amounts receivable within one year | 40/41 | €285,273 | €239,001 | -€46,273 | -16.2% |
| Trade receivables | 40 | €20,555 | €26,506 | +€5,950 | +28.9% |
| Other amounts receivable | 41 | €264,718 | €212,495 | -€52,223 | -19.7% |
| Cash at bank and in hand | 54/58 | €207 | €207 | = | 0.0% |
| Total equity and liabilities | 10/49 | €408,869 | €352,150 | -€56,719 | -13.9% |
| Equity | 10/15 | €207,548 | €195,430 | -€12,119 | -5.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,301 | €95,301 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €93,441 | €93,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,047 | €93,929 | -€12,119 | -11.4% |
| Amounts payable | 17/49 | €201,320 | €156,720 | -€44,600 | -22.2% |
| Amounts payable after more than one year | 17 | €71,363 | €62,671 | -€8,692 | -12.2% |
| Financial debts | 170/4 | €71,363 | €62,671 | -€8,692 | -12.2% |
| Amounts payable within one year | 42/48 | €129,957 | €94,049 | -€35,908 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €8,518 | €8,692 | +€174 | +2.0% |
| Trade debts | 44 | €5,205 | €9,738 | +€4,532 | +87.1% |
| Suppliers | 440/4 | €5,205 | €9,738 | +€4,532 | +87.1% |
| Advances received on contracts in progress | 46 | €23,534 | €30,734 | +€7,200 | +30.6% |
| Taxes, remuneration and social security | 45 | €92,700 | €44,885 | -€47,815 | -51.6% |
| Taxes | 450/3 | €92,700 | €44,885 | -€47,815 | -51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,446 | €10,446 | = | 0.0% |
| Gross operating margin | 9900 | €23,153 | -€11,943 | -€35,096 | |
| Operating profit (loss) | 9901 | €12,707 | -€22,389 | -€35,096 | |
| Financial income | 75/76B | - | €12,597 | +€12,597 | |
| Recurring financial income | 75 | - | €12,597 | +€12,597 | |
| Financial charges | 65/66B | €8,633 | €2,326 | -€6,306 | -73.1% |
| Recurring financial charges | 65 | €8,633 | €2,326 | -€6,306 | -73.1% |
| Profit (loss) for the period before taxes | 9903 | €4,074 | -€12,119 | -€16,193 | |
| Income taxes | 67/77 | €681 | - | -€681 | |
| Profit (loss) for the period | 9904 | €3,394 | -€12,119 | -€15,512 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,394 | -€12,119 | -€15,512 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.