KIANE: 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.
KIANE
Largest movements
- Cash -€32,167
down €32,167 (-47.3%), from €67,942 to €35,775
mainly Net result for the year (-€22,145) and Debts after one year (-€10,908)
- Tangible fixed assets -€7,904
down €7,904 (-19.1%), from €41,313 to €33,409
of which Leasing and similar rights: -€11,778
- Deferred charges and accrued income +€2,622
up €2,622 (+111.3%), from €2,356 to €4,979
- Profit (loss) carried forward -€22,145
down €22,145, from €10,201 to -€11,945
- Debts after one year -€10,908
down €10,908 (-48.3%), from €22,563 to €11,655
- Trade debts +€5,584
up €5,584 (+11.0%), from €50,613 to €56,197
- Other debts -€5,164
down €5,164 (-70.4%), from €7,338 to €2,174
- Tax, wage and social debts -€3,182
down €3,182 (-8.3%), from €38,508 to €35,327
of which Taxes: -€5,904
- Gross operating margin -€38,574
down €38,574 (-22.1%), from €174,212 to €135,638
- Staff costs +€32,927
up €32,927 (+31.7%), from €103,971 to €136,898
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,632 | €122,276 | -€35,356 | -22.4% |
| Fixed assets | 21/28 | €41,313 | €33,409 | -€7,904 | -19.1% |
| Tangible fixed assets | 22/27 | €41,313 | €33,409 | -€7,904 | -19.1% |
| Plant, machinery and equipment | 23 | €2,742 | €3,677 | +€935 | +34.1% |
| Furniture and vehicles | 24 | €494 | €3,433 | +€2,939 | +594.5% |
| Leasing and similar rights | 25 | €38,077 | €26,299 | -€11,778 | -30.9% |
| Current assets | 29/58 | €116,319 | €88,867 | -€27,452 | -23.6% |
| Stocks and contracts in progress | 3 | €41,585 | €42,306 | +€721 | +1.7% |
| Stocks | 30/36 | €41,585 | €42,306 | +€721 | +1.7% |
| Amounts receivable within one year | 40/41 | €4,435 | €5,808 | +€1,372 | +30.9% |
| Trade receivables | 40 | €3,565 | €4,372 | +€807 | +22.6% |
| Other amounts receivable | 41 | €870 | €1,436 | +€566 | +65.0% |
| Cash at bank and in hand | 54/58 | €67,942 | €35,775 | -€32,167 | -47.3% |
| Deferred charges and accrued income | 490/1 | €2,356 | €4,979 | +€2,622 | +111.3% |
| Total equity and liabilities | 10/49 | €157,632 | €122,276 | -€35,356 | -22.4% |
| Equity | 10/15 | €30,652 | €8,507 | -€22,145 | -72.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,201 | -€11,945 | -€22,145 | |
| Amounts payable | 17/49 | €126,980 | €113,770 | -€13,211 | -10.4% |
| Amounts payable after more than one year | 17 | €22,563 | €11,655 | -€10,908 | -48.3% |
| Financial debts | 170/4 | €22,563 | €11,655 | -€10,908 | -48.3% |
| Amounts payable within one year | 42/48 | €104,417 | €102,114 | -€2,303 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €7,958 | €8,417 | +€459 | +5.8% |
| Trade debts | 44 | €50,613 | €56,197 | +€5,584 | +11.0% |
| Suppliers | 440/4 | €50,613 | €56,197 | +€5,584 | +11.0% |
| Taxes, remuneration and social security | 45 | €38,508 | €35,327 | -€3,182 | -8.3% |
| Taxes | 450/3 | €6,248 | €343 | -€5,904 | -94.5% |
| Remuneration and social security | 454/9 | €32,261 | €34,983 | +€2,722 | +8.4% |
| Other amounts payable | 47/48 | €7,338 | €2,174 | -€5,164 | -70.4% |
| Remuneration, social security and pensions | 62 | €103,971 | €136,898 | +€32,927 | +31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,568 | €14,851 | +€1,284 | +9.5% |
| Other operating charges | 640/8 | €1,735 | €2,282 | +€547 | +31.6% |
| Non-recurring operating charges | 66A | €4,914 | - | -€4,914 | |
| Gross operating margin | 9900 | €174,212 | €135,638 | -€38,574 | -22.1% |
| Operating profit (loss) | 9901 | €50,025 | -€18,393 | -€68,418 | |
| Financial income | 75/76B | €355 | €4 | -€351 | -98.8% |
| Recurring financial income | 75 | €355 | €4 | -€351 | -98.8% |
| Financial charges | 65/66B | €3,872 | €3,413 | -€459 | -11.9% |
| Recurring financial charges | 65 | €3,872 | €3,413 | -€459 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €46,508 | -€21,802 | -€68,310 | |
| Income taxes | 67/77 | -€110 | €343 | +€453 | |
| Profit (loss) for the period | 9904 | €46,617 | -€22,145 | -€68,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,617 | -€22,145 | -€68,763 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.