Kidsfirst: 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.
Kidsfirst
Largest movements
- Receivables within one year +€42,689
up €42,689 (+117%), from €36,599 to €79,289
of which Trade receivables: +€41,140
- Cash -€4,067
down €4,067 (-100%), from €4,067 to €0
mainly Receivables within one year (-€42,689)
- Trade debts +€34,400
up €34,400 (+123%), from €28,018 to €62,418
- Other debts +€3,914
new in 2023: €3,914
- Gross operating margin -€2,868
down €2,868 (-86.5%), from €3,315 to €448
- Other operating charges -€505
no longer reported in 2023 (was €505)
- Taxes -€471
down €471 (-88.4%), from €532 to €62
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.
Derived cash bridge
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 | €40,666 | €79,289 | +€38,623 | +95.0% |
| Current assets | 29/58 | €40,666 | €79,289 | +€38,623 | +95.0% |
| Amounts receivable within one year | 40/41 | €36,599 | €79,289 | +€42,689 | +117% |
| Trade receivables | 40 | €29,106 | €70,246 | +€41,140 | +141% |
| Other amounts receivable | 41 | €7,493 | €9,043 | +€1,549 | +20.7% |
| Cash at bank and in hand | 54/58 | €4,067 | €0 | -€4,067 | -100% |
| Total equity and liabilities | 10/49 | €40,666 | €79,289 | +€38,623 | +95.0% |
| Equity | 10/15 | €12,116 | €12,363 | +€247 | +2.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,116 | €2,363 | +€247 | +11.7% |
| Amounts payable | 17/49 | €28,550 | €66,926 | +€38,376 | +134% |
| Amounts payable within one year | 42/48 | €28,550 | €66,926 | +€38,376 | +134% |
| Trade debts | 44 | €28,018 | €62,418 | +€34,400 | +123% |
| Suppliers | 440/4 | €28,018 | €62,418 | +€34,400 | +123% |
| Taxes, remuneration and social security | 45 | €532 | €594 | +€62 | +11.6% |
| Taxes | 450/3 | €532 | €594 | +€62 | +11.6% |
| Other amounts payable | 47/48 | - | €3,914 | +€3,914 | |
| Other operating charges | 640/8 | €505 | - | -€505 | |
| Gross operating margin | 9900 | €3,315 | €448 | -€2,868 | -86.5% |
| Operating profit (loss) | 9901 | €2,810 | €448 | -€2,363 | -84.1% |
| Financial income | 75/76B | €6 | €5 | -€1 | -11.1% |
| Recurring financial income | 75 | €6 | €5 | -€1 | -11.1% |
| Financial charges | 65/66B | €168 | €144 | -€24 | -14.3% |
| Recurring financial charges | 65 | €168 | €144 | -€24 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €2,648 | €309 | -€2,339 | -88.3% |
| Income taxes | 67/77 | €532 | €62 | -€471 | -88.4% |
| Profit (loss) for the period | 9904 | €2,116 | €247 | -€1,869 | -88.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,116 | €247 | -€1,869 | -88.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.