KGC SOLUTIONS: 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.
KGC SOLUTIONS
Largest movements
- Cash -€3,044
down €3,044 (-63.6%), from €4,783 to €1,739
mainly Net result for the year (-€2,827) and Receivables within one year (-€226)
- Receivables within one year +€226
up €226 (+252%), from €90 to €316
- Profit (loss) carried forward -€2,827
down €2,827 (-26.3%), from -€10,732 to -€13,559
- Gross operating margin +€453
up €453 (+14.5%), from -€3,119 to -€2,666
- Other operating charges -€87
no longer reported in 2024 (was €87)
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.
Derived cash bridge
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 | €4,914 | €2,096 | -€2,818 | -57.3% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €4,914 | €2,096 | -€2,818 | -57.3% |
| Stocks and contracts in progress | 3 | €41 | €41 | = | 0.0% |
| Stocks | 30/36 | €41 | €41 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €90 | €316 | +€226 | +252% |
| Other amounts receivable | 41 | €90 | €316 | +€226 | +252% |
| Cash at bank and in hand | 54/58 | €4,783 | €1,739 | -€3,044 | -63.6% |
| Total equity and liabilities | 10/49 | €4,914 | €2,096 | -€2,818 | -57.3% |
| Equity | 10/15 | €4,914 | €2,087 | -€2,827 | -57.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €5,646 | €5,646 | = | 0.0% |
| Non-distributable reserves | 130/1 | €646 | €646 | = | 0.0% |
| Reserves not available under the articles | 1311 | €646 | €646 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,732 | -€13,559 | -€2,827 | -26.3% |
| Amounts payable | 17/49 | - | €9 | +€9 | |
| Amounts payable within one year | 42/48 | - | €9 | +€9 | |
| Trade debts | 44 | - | €9 | +€9 | |
| Suppliers | 440/4 | - | €9 | +€9 | |
| Other operating charges | 640/8 | €87 | - | -€87 | |
| Gross operating margin | 9900 | -€3,119 | -€2,666 | +€453 | +14.5% |
| Operating profit (loss) | 9901 | -€3,206 | -€2,666 | +€540 | +16.8% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €132 | €161 | +€29 | +22.0% |
| Recurring financial charges | 65 | €132 | €161 | +€29 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,332 | -€2,827 | +€506 | +15.2% |
| Profit (loss) for the period | 9904 | -€3,332 | -€2,827 | +€506 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,332 | -€2,827 | +€506 | +15.2% |
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 14 October 2026 via checked.be.