KEVI: 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.
KEVI
Largest movements
- Cash +€11,597
up €11,597 (+777%), from €1,492 to €13,089
- Receivables within one year -€8,614
down €8,614 (-41.4%), from €20,803 to €12,189
of which Other amounts receivable: -€8,118
- Stocks and contracts +€1,318
up €1,318 (+117%), from €1,131 to €2,448
- Short-term financial debts +€9,828
new in 2023: €9,828
- Profit (loss) carried forward -€3,789
down €3,789 (-28.1%), from €13,473 to €9,683
- Tax, wage and social debts -€1,359
down €1,359 (-56.6%), from €2,403 to €1,044
of which Remuneration and social security: -€1,359
- Trade debts -€378
down €378 (-59.2%), from €638 to €260
- Gross operating margin -€7,745
down €7,745, from €6,405 to -€1,340
- Taxes -€2,800
no longer reported in 2023 (was €2,800)
- Staff costs -€650
no longer reported in 2023 (was €650)
- Financial charges -€148
no longer reported in 2023 (was €148)
From the 2021 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,426 | €27,727 | +€4,301 | +18.4% |
| Current assets | 29/58 | €23,426 | €27,727 | +€4,301 | +18.4% |
| Stocks and contracts in progress | 3 | €1,131 | €2,448 | +€1,318 | +117% |
| Stocks | 30/36 | €1,131 | €2,448 | +€1,318 | +117% |
| Amounts receivable within one year | 40/41 | €20,803 | €12,189 | -€8,614 | -41.4% |
| Trade receivables | 40 | €755 | €260 | -€495 | -65.6% |
| Other amounts receivable | 41 | €20,048 | €11,929 | -€8,118 | -40.5% |
| Cash at bank and in hand | 54/58 | €1,492 | €13,089 | +€11,597 | +777% |
| Total equity and liabilities | 10/49 | €23,426 | €27,727 | +€4,301 | +18.4% |
| Equity | 10/15 | €20,308 | €16,519 | -€3,789 | -18.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €635 | €635 | = | 0.0% |
| Non-distributable reserves | 130/1 | €635 | €635 | = | 0.0% |
| Reserves not available under the articles | 1311 | €635 | €635 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,473 | €9,683 | -€3,789 | -28.1% |
| Amounts payable | 17/49 | €3,118 | €11,209 | +€8,090 | +259% |
| Amounts payable within one year | 42/48 | €3,118 | €11,209 | +€8,090 | +259% |
| Financial debts | 43 | - | €9,828 | +€9,828 | |
| Credit institutions | 430/8 | - | €9,828 | +€9,828 | |
| Trade debts | 44 | €638 | €260 | -€378 | -59.2% |
| Suppliers | 440/4 | €638 | €260 | -€378 | -59.2% |
| Taxes, remuneration and social security | 45 | €2,403 | €1,044 | -€1,359 | -56.6% |
| Taxes | 450/3 | €1,044 | €1,044 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,359 | - | -€1,359 | |
| Other amounts payable | 47/48 | €77 | €77 | = | 0.0% |
| Non-recurring operating income | 76A | €17,500 | - | -€17,500 | |
| Remuneration, social security and pensions | 62 | €650 | - | -€650 | |
| Gross operating margin | 9900 | €6,405 | -€1,340 | -€7,745 | |
| Operating profit (loss) | 9901 | €5,755 | -€1,340 | -€7,095 | |
| Financial charges | 65/66B | €148 | - | -€148 | |
| Recurring financial charges | 65 | €148 | - | -€148 | |
| Profit (loss) for the period before taxes | 9903 | €5,607 | -€1,340 | -€6,947 | |
| Income taxes | 67/77 | €2,800 | - | -€2,800 | |
| Profit (loss) for the period | 9904 | €2,807 | -€1,340 | -€4,147 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,807 | -€1,340 | -€4,147 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.