KHALIGRO: what changed
Two fiscal 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.
KHALIGRO
Largest movements
- Receivables within one year +€295,499
up €295,499 (+179.8%), from €164,388 to €459,888
of which Trade receivables: +€167,813
- Tangible fixed assets +€21,851
up €21,851 (+39.6%), from €55,130 to €76,982
of which Furniture and vehicles: +€15,856
- Reserves +€123,636
up €123,636 (+96.0%), from €128,837 to €252,473
of which Non-distributable reserves: +€123,636
- Trade debts +€116,029
up €116,029 (+129.8%), from €89,418 to €205,447
- Tax, wage and social debts +€85,478
up €85,478 (+141.6%), from €60,366 to €145,844
of which Taxes: +€62,568
- Gross operating margin +€301,549
up €301,549 (+67.5%), from €446,825 to €748,374
- Staff costs +€134,307
up €134,307 (+37.4%), from €359,479 to €493,786
- Taxes +€61,857
up €61,857 (+271.7%), from €22,763 to €84,620
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 | €227,202 | €552,456 | +€325,254 | +143.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €55,465 | €77,182 | +€21,716 | +39.2% |
| Tangible fixed assets | 22/27 | €55,130 | €76,982 | +€21,851 | +39.6% |
| Plant, machinery and equipment | 23 | €16,414 | €22,409 | +€5,995 | +36.5% |
| Furniture and vehicles | 24 | €38,716 | €54,572 | +€15,856 | +41.0% |
| Financial fixed assets | 28 | €335 | €200 | -€135 | -40.3% |
| Current assets | 29/58 | €171,737 | €475,274 | +€303,537 | +176.7% |
| Amounts receivable within one year | 40/41 | €164,388 | €459,888 | +€295,499 | +179.8% |
| Trade receivables | 40 | €88,328 | €256,141 | +€167,813 | +190.0% |
| Other amounts receivable | 41 | €76,061 | €203,747 | +€127,686 | +167.9% |
| Cash at bank and in hand | 54/58 | €6,882 | €10,924 | +€4,041 | +58.7% |
| Deferred charges and accrued income | 490/1 | €466 | €4,463 | +€3,997 | +857.4% |
| Total equity and liabilities | 10/49 | €227,202 | €552,456 | +€325,254 | +143.2% |
| Equity | 10/15 | €77,418 | €201,165 | +€123,747 | +159.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | - | -€1,000 | |
| Issued capital | 100 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €128,837 | €252,473 | +€123,636 | +96.0% |
| Non-distributable reserves | 130/1 | €128,636 | €252,273 | +€123,636 | +96.1% |
| Legal reserve | 130 | €100 | - | -€100 | |
| Reserves not available under the articles | 1311 | €128,536 | €252,273 | +€123,736 | +96.3% |
| Distributable reserves | 133 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,419 | -€52,308 | +€111 | +0.2% |
| Amounts payable | 17/49 | €149,784 | €351,291 | +€201,507 | +134.5% |
| Amounts payable within one year | 42/48 | €149,784 | €351,291 | +€201,507 | +134.5% |
| Trade debts | 44 | €89,418 | €205,447 | +€116,029 | +129.8% |
| Suppliers | 440/4 | €89,418 | €205,447 | +€116,029 | +129.8% |
| Taxes, remuneration and social security | 45 | €60,366 | €145,844 | +€85,478 | +141.6% |
| Taxes | 450/3 | €25,397 | €87,965 | +€62,568 | +246.4% |
| Remuneration and social security | 454/9 | €34,969 | €57,879 | +€22,910 | +65.5% |
| Remuneration, social security and pensions | 62 | €359,479 | €493,786 | +€134,307 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,525 | €17,134 | -€2,392 | -12.2% |
| Other operating charges | 640/8 | €9,418 | €13,321 | +€3,904 | +41.5% |
| Non-recurring operating charges | 66A | - | €11,133 | +€11,133 | |
| Gross operating margin | 9900 | €446,825 | €748,374 | +€301,549 | +67.5% |
| Operating profit (loss) | 9901 | €58,404 | €213,001 | +€154,597 | +264.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,648 | €4,634 | +€2,986 | +181.2% |
| Recurring financial charges | 65 | €1,648 | €4,634 | +€2,986 | +181.2% |
| Profit (loss) for the period before taxes | 9903 | €56,756 | €208,367 | +€151,611 | +267.1% |
| Income taxes | 67/77 | €22,763 | €84,620 | +€61,857 | +271.7% |
| Profit (loss) for the period | 9904 | €33,994 | €123,747 | +€89,754 | +264.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,994 | €123,747 | +€89,754 | +264.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.