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KHEOPS: 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.

What changed

KHEOPS

BE 0697.943.011
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1,461
2023 · -€10,065+€8,605
Equity
-€93,244
2023 · -€91,783-€1,461
Cash
€12,010
2023 · €1,268+€10,742
Balance sheet total
€491,917
2023 · €501,224-€9,307

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€20,049

    down €20,049 (-4.0%), from €499,955 to €479,907

  • Cash +€10,742

    up €10,742 (+847.1%), from €1,268 to €12,010

    mainly Depreciation (+€20,049) and Tax, wage and social debts (+€3,765)

Equity and liabilities
  • Debts after one year -€8,626

    down €8,626 (-2.4%), from €352,479 to €343,853

Income statement
  • Turnover +€30,261

    new in 2024: €30,261

  • Purchases and services +€11,046

    new in 2024: €11,046

  • Financial charges -€5,773

    down €5,773 (-96.0%), from €6,016 to €243

  • Gross operating margin +€3,216

    up €3,216 (+20.1%), from €15,999 to €19,215

  • Other operating charges +€384

    new in 2024: €384

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€10,065
Gross operating margin +€3,216
Other operating charges -€384
Financial charges +€5,773
Result 2024 -€1,461

Cash bridge derived

cash 2023 to 2024

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.

From operations +€19,368
Investment €0
Financing -€8,626
Cash 2023 €1,268
Net result for the year -€1,461
Depreciation +€20,049
Trade debts -€3,108
Tax, wage and social debts +€3,765
Other debts +€123
Debts after one year -€8,626
Cash 2024 €12,010
Every line side by side 31 lines
Line Code 2023 2024 Change %
Total assets 20/58 €501,224 €491,917 -€9,307 -1.9%
Fixed assets 21/28 €499,955 €479,907 -€20,049 -4.0%
Tangible fixed assets 22/27 €499,955 €479,907 -€20,049 -4.0%
Land and buildings 22 €499,955 €479,907 -€20,049 -4.0%
Current assets 29/58 €1,268 €12,010 +€10,742 +847.1%
Cash at bank and in hand 54/58 €1,268 €12,010 +€10,742 +847.1%
Total equity and liabilities 10/49 €501,224 €491,917 -€9,307 -1.9%
Equity 10/15 -€91,783 -€93,244 -€1,461 -1.6%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€97,983 -€99,444 -€1,461 -1.5%
Amounts payable 17/49 €593,007 €585,161 -€7,846 -1.3%
Amounts payable after more than one year 17 €352,479 €343,853 -€8,626 -2.4%
Financial debts 170/4 €352,479 €343,853 -€8,626 -2.4%
Amounts payable within one year 42/48 €240,527 €241,307 +€780 +0.3%
Current portion of amounts payable after more than one year 42 €6,838 €6,838 = 0.0%
Trade debts 44 €8,547 €5,439 -€3,108 -36.4%
Suppliers 440/4 €8,547 €5,439 -€3,108 -36.4%
Taxes, remuneration and social security 45 €23,140 €26,905 +€3,765 +16.3%
Taxes 450/3 €23,140 €26,905 +€3,765 +16.3%
Other amounts payable 47/48 €202,002 €202,125 +€123 +0.1%
Turnover 70 - €30,261 +€30,261
Goods, raw materials, services and sundry goods 60/61 - €11,046 +€11,046
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,049 €20,049 = 0.0%
Other operating charges 640/8 - €384 +€384
Gross operating margin 9900 €15,999 €19,215 +€3,216 +20.1%
Operating profit (loss) 9901 -€4,049 -€1,218 +€2,831 +69.9%
Financial charges 65/66B €6,016 €243 -€5,773 -96.0%
Recurring financial charges 65 €6,016 €243 -€5,773 -96.0%
Profit (loss) for the period before taxes 9903 -€10,065 -€1,461 +€8,605 +85.5%
Profit (loss) for the period 9904 -€10,065 -€1,461 +€8,605 +85.5%
Profit (loss) for the period to be appropriated 9905 -€10,065 -€1,461 +€8,605 +85.5%

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 30 September 2026 via checked.be.