KGZ GROUP: 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.
KGZ GROUP
Largest movements
- Cash -€7,808
down €7,808 (-48.8%), from €15,990 to €8,182
mainly Receivables within one year (-€6,324) and Net result for the year (-€1,484)
- Receivables within one year +€6,324
up €6,324 (+173,259%), from €4 to €6,328
- Profit (loss) carried forward -€1,484
down €1,484 (-24,534%), from -€6 to -€1,490
- Gross operating margin -€949
new in 2024: -€949
- Other operating charges +€437
new in 2024: €437
- Financial charges +€92
up €92 (+1,523%), from €6 to €98
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 | €15,994 | €14,510 | -€1,484 | -9.3% |
| Current assets | 29/58 | €15,994 | €14,510 | -€1,484 | -9.3% |
| Amounts receivable within one year | 40/41 | €4 | €6,328 | +€6,324 | +173,259% |
| Other amounts receivable | 41 | €4 | €6,328 | +€6,324 | +173,259% |
| Cash at bank and in hand | 54/58 | €15,990 | €8,182 | -€7,808 | -48.8% |
| Total equity and liabilities | 10/49 | €15,994 | €14,510 | -€1,484 | -9.3% |
| Equity | 10/15 | €1,994 | €510 | -€1,484 | -74.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6 | -€1,490 | -€1,484 | -24,534% |
| Amounts payable | 17/49 | €14,000 | €14,000 | = | 0.0% |
| Amounts payable after more than one year | 17 | €14,000 | €14,000 | = | 0.0% |
| Other amounts payable | 178/9 | €14,000 | €14,000 | = | 0.0% |
| Other operating charges | 640/8 | - | €437 | +€437 | |
| Gross operating margin | 9900 | - | -€949 | -€949 | |
| Operating profit (loss) | 9901 | - | -€1,386 | -€1,386 | |
| Financial charges | 65/66B | €6 | €98 | +€92 | +1,523% |
| Recurring financial charges | 65 | €6 | €98 | +€92 | +1,523% |
| Profit (loss) for the period before taxes | 9903 | -€6 | -€1,484 | -€1,478 | -24,434% |
| Profit (loss) for the period | 9904 | -€6 | -€1,484 | -€1,478 | -24,434% |
| Profit (loss) for the period to be appropriated | 9905 | -€6 | -€1,484 | -€1,478 | -24,434% |
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 15 October 2026 via checked.be.