KERL DAK: 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.
KERL DAK
Largest movements
- Receivables within one year +€26,724
up €26,724 (+96.1%), from €27,801 to €54,525
- Tangible fixed assets -€4,665
down €4,665 (-21.6%), from €21,566 to €16,901
- Cash -€4,638
down €4,638 (-57.6%), from €8,046 to €3,408
mainly Receivables within one year (-€26,724) and Investment in fixed assets (net) (-€2,305)
- Profit (loss) carried forward +€9,100
up €9,100 (+25.2%), from €36,089 to €45,190
- Tax, wage and social debts +€6,613
up €6,613 (+48.7%), from €13,580 to €20,193
of which Taxes: +€6,946
- Other debts +€1,644
up €1,644 (+61.9%), from €2,654 to €4,298
- Gross operating margin -€42,898
down €42,898 (-63.7%), from €67,314 to €24,416
- Staff costs -€11,543
no longer reported in 2024 (was €11,543)
- Taxes -€8,067
down €8,067 (-60.9%), from €13,246 to €5,179
- Depreciation +€2,676
up €2,676 (+62.3%), from €4,294 to €6,970
- Financial charges +€1,540
up €1,540 (+405321.1%), from €0 to €1,541
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.
Cash bridge derived
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 | €57,412 | €74,834 | +€17,422 | +30.3% |
| Fixed assets | 21/28 | €21,566 | €16,901 | -€4,665 | -21.6% |
| Tangible fixed assets | 22/27 | €21,566 | €16,901 | -€4,665 | -21.6% |
| Furniture and vehicles | 24 | €21,566 | €16,901 | -€4,665 | -21.6% |
| Current assets | 29/58 | €35,847 | €57,933 | +€22,087 | +61.6% |
| Amounts receivable within one year | 40/41 | €27,801 | €54,525 | +€26,724 | +96.1% |
| Other amounts receivable | 41 | €27,801 | €54,525 | +€26,724 | +96.1% |
| Cash at bank and in hand | 54/58 | €8,046 | €3,408 | -€4,638 | -57.6% |
| Total equity and liabilities | 10/49 | €57,412 | €74,834 | +€17,422 | +30.3% |
| Equity | 10/15 | €36,089 | €45,190 | +€9,100 | +25.2% |
| Profit (loss) carried forward | 14 | €36,089 | €45,190 | +€9,100 | +25.2% |
| Amounts payable | 17/49 | €21,323 | €29,644 | +€8,321 | +39.0% |
| Amounts payable within one year | 42/48 | €21,323 | €29,644 | +€8,321 | +39.0% |
| Trade debts | 44 | €5,089 | €5,154 | +€65 | +1.3% |
| Suppliers | 440/4 | €5,089 | €5,154 | +€65 | +1.3% |
| Taxes, remuneration and social security | 45 | €13,580 | €20,193 | +€6,613 | +48.7% |
| Taxes | 450/3 | €13,246 | €20,193 | +€6,946 | +52.4% |
| Remuneration and social security | 454/9 | €334 | - | -€334 | |
| Other amounts payable | 47/48 | €2,654 | €4,298 | +€1,644 | +61.9% |
| Remuneration, social security and pensions | 62 | €11,543 | - | -€11,543 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,294 | €6,970 | +€2,676 | +62.3% |
| Other operating charges | 640/8 | €2,142 | €1,671 | -€470 | -22.0% |
| Gross operating margin | 9900 | €67,314 | €24,416 | -€42,898 | -63.7% |
| Operating profit (loss) | 9901 | €49,335 | €15,775 | -€33,560 | -68.0% |
| Financial income | 75/76B | €0 | €45 | +€45 | +15971.4% |
| Recurring financial income | 75 | €0 | €45 | +€45 | +15971.4% |
| Financial charges | 65/66B | €0 | €1,541 | +€1,540 | +405321.1% |
| Recurring financial charges | 65 | €0 | €1,541 | +€1,540 | +405321.1% |
| Profit (loss) for the period before taxes | 9903 | €49,335 | €14,279 | -€35,056 | -71.1% |
| Income taxes | 67/77 | €13,246 | €5,179 | -€8,067 | -60.9% |
| Profit (loss) for the period | 9904 | €36,089 | €9,100 | -€26,989 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,089 | €9,100 | -€26,989 | -74.8% |
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 12 October 2026 via checked.be.