KHAZZ: 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.
KHAZZ
Largest movements
- Receivables within one year +€17,594
up €17,594 (+218.7%), from €8,044 to €25,638
of which Other amounts receivable: +€10,490
- Tangible fixed assets +€8,423
new in 2024: €8,423
- Cash -€4,282
down €4,282 (-23.1%), from €18,530 to €14,248
mainly Receivables within one year (-€17,594) and Investment in fixed assets (net) (-€8,500)
- Profit (loss) carried forward +€15,316
up €15,316 (+77.2%), from €19,845 to €35,162
- Tax, wage and social debts +€4,198
up €4,198 (+62.4%), from €6,728 to €10,926
- Trade debts +€1,121
new in 2024: €1,121
- Advances received +€1,100
new in 2024: €1,100
- Gross operating margin -€4,862
down €4,862 (-19.6%), from €24,777 to €19,914
- Taxes -€1,139
down €1,139 (-21.7%), from €5,237 to €4,099
- Other operating charges -€710
down €710 (-68.6%), from €1,035 to €325
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 | €26,574 | €48,309 | +€21,735 | +81.8% |
| Fixed assets | 21/28 | - | €8,423 | +€8,423 | |
| Tangible fixed assets | 22/27 | - | €8,423 | +€8,423 | |
| Furniture and vehicles | 24 | - | €8,423 | +€8,423 | |
| Current assets | 29/58 | €26,574 | €39,886 | +€13,313 | +50.1% |
| Amounts receivable within one year | 40/41 | €8,044 | €25,638 | +€17,594 | +218.7% |
| Trade receivables | 40 | - | €7,105 | +€7,105 | |
| Other amounts receivable | 41 | €8,044 | €18,533 | +€10,490 | +130.4% |
| Cash at bank and in hand | 54/58 | €18,530 | €14,248 | -€4,282 | -23.1% |
| Total equity and liabilities | 10/49 | €26,574 | €48,309 | +€21,735 | +81.8% |
| Equity | 10/15 | €19,845 | €35,162 | +€15,316 | +77.2% |
| Profit (loss) carried forward | 14 | €19,845 | €35,162 | +€15,316 | +77.2% |
| Amounts payable | 17/49 | €6,728 | €13,147 | +€6,419 | +95.4% |
| Amounts payable within one year | 42/48 | €6,728 | €13,147 | +€6,419 | +95.4% |
| Trade debts | 44 | - | €1,121 | +€1,121 | |
| Suppliers | 440/4 | - | €1,121 | +€1,121 | |
| Advances received on contracts in progress | 46 | - | €1,100 | +€1,100 | |
| Taxes, remuneration and social security | 45 | €6,728 | €10,926 | +€4,198 | +62.4% |
| Taxes | 450/3 | €6,728 | €10,926 | +€4,198 | +62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €77 | +€77 | |
| Other operating charges | 640/8 | €1,035 | €325 | -€710 | -68.6% |
| Gross operating margin | 9900 | €24,777 | €19,914 | -€4,862 | -19.6% |
| Operating profit (loss) | 9901 | €23,741 | €19,512 | -€4,229 | -17.8% |
| Financial charges | 65/66B | €110 | €97 | -€13 | -11.7% |
| Recurring financial charges | 65 | €110 | €97 | -€13 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €23,631 | €19,415 | -€4,217 | -17.8% |
| Income taxes | 67/77 | €5,237 | €4,099 | -€1,139 | -21.7% |
| Profit (loss) for the period | 9904 | €18,394 | €15,316 | -€3,078 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,394 | €15,316 | -€3,078 | -16.7% |
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 1 October 2026 via checked.be.