KHALIFA: 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.
KHALIFA
Largest movements
- Cash -€15,467
down €15,467 (-57.8%), from €26,746 to €11,279
mainly Other debts (-€11,925) and Receivables within one year (-€2,486)
- Receivables within one year +€2,486
up €2,486 (+19.9%), from €12,467 to €14,952
of which Other amounts receivable: +€1,570
- Other debts -€11,925
down €11,925 (-44.2%), from €26,990 to €15,065
- Tax, wage and social debts -€1,236
down €1,236 (-86.2%), from €1,434 to €198
- Gross operating margin +€675
up €675 (+90.5%), from €745 to €1,420
- Other operating charges +€525
up €525 (+1,946%), from €27 to €552
- Financial charges +€460
up €460 (+274%), from €168 to €628
- Taxes -€194
down €194 (-76.4%), from €254 to €60
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 | €50,933 | €37,951 | -€12,981 | -25.5% |
| Fixed assets | 21/28 | €4,500 | €4,500 | = | 0.0% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €46,433 | €33,451 | -€12,981 | -28.0% |
| Stocks and contracts in progress | 3 | €7,220 | €7,220 | = | 0.0% |
| Stocks | 30/36 | €7,220 | €7,220 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,467 | €14,952 | +€2,486 | +19.9% |
| Trade receivables | 40 | €12,467 | €13,383 | +€916 | +7.3% |
| Other amounts receivable | 41 | - | €1,570 | +€1,570 | |
| Cash at bank and in hand | 54/58 | €26,746 | €11,279 | -€15,467 | -57.8% |
| Total equity and liabilities | 10/49 | €50,933 | €37,951 | -€12,981 | -25.5% |
| Equity | 10/15 | €22,509 | €22,689 | +€180 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,909 | €4,089 | +€180 | +4.6% |
| Amounts payable | 17/49 | €28,424 | €15,263 | -€13,161 | -46.3% |
| Amounts payable within one year | 42/48 | €28,424 | €15,263 | -€13,161 | -46.3% |
| Taxes, remuneration and social security | 45 | €1,434 | €198 | -€1,236 | -86.2% |
| Taxes | 450/3 | €1,434 | €198 | -€1,236 | -86.2% |
| Other amounts payable | 47/48 | €26,990 | €15,065 | -€11,925 | -44.2% |
| Other operating charges | 640/8 | €27 | €552 | +€525 | +1,946% |
| Gross operating margin | 9900 | €745 | €1,420 | +€675 | +90.5% |
| Operating profit (loss) | 9901 | €718 | €868 | +€149 | +20.8% |
| Financial charges | 65/66B | €168 | €628 | +€460 | +274% |
| Recurring financial charges | 65 | €168 | €628 | +€460 | +274% |
| Profit (loss) for the period before taxes | 9903 | €550 | €240 | -€310 | -56.4% |
| Income taxes | 67/77 | €254 | €60 | -€194 | -76.4% |
| Profit (loss) for the period | 9904 | €296 | €180 | -€116 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €296 | €180 | -€116 | -39.3% |
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.