KIKAROUNA: 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.
KIKAROUNA
Largest movements
- Tangible fixed assets +€48,832
up €48,832 (+624%), from €7,821 to €56,653
of which Other tangible fixed assets: +€25,052
- Cash +€4,546
up €4,546 (+403%), from €1,129 to €5,676
mainly Debts after one year (+€53,184) and Other debts (+€43,597)
- Intangible fixed assets +€1,793
up €1,793 (+759%), from €236 to €2,029
- Receivables within one year +€1,257
up €1,257 (+47.0%), from €2,672 to €3,929
of which Other amounts receivable: +€3,723
- Profit (loss) carried forward -€57,937
down €57,937 (-188%), from -€30,838 to -€88,776
- Debts after one year +€53,184
up €53,184 (+453%), from €11,746 to €64,930
of which Financial debts: +€54,184
- Other debts +€43,597
up €43,597 (+470%), from €9,268 to €52,866
- Current portion of long-term debt +€13,332
up €13,332 (+393%), from €3,395 to €16,727
- Trade debts +€5,584
up €5,584 (+342%), from €1,631 to €7,215
- Gross operating margin -€56,903
down €56,903, from €28,085 to -€28,818
- Depreciation +€3,655
up €3,655 (+88.3%), from €4,139 to €7,794
- Staff costs +€2,457
up €2,457 (+18.1%), from €13,568 to €16,025
- Financial charges +€1,228
up €1,228 (+78.3%), from €1,567 to €2,795
- Other operating charges +€1,138
up €1,138 (+81.6%), from €1,395 to €2,533
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.
Derived cash bridge
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 | €18,618 | €75,323 | +€56,706 | +305% |
| Fixed assets | 21/28 | €10,158 | €60,782 | +€50,625 | +498% |
| Intangible fixed assets | 21 | €236 | €2,029 | +€1,793 | +759% |
| Tangible fixed assets | 22/27 | €7,821 | €56,653 | +€48,832 | +624% |
| Plant, machinery and equipment | 23 | €2,004 | €2,008 | +€4 | +0.2% |
| Furniture and vehicles | 24 | €556 | €24,332 | +€23,776 | +4,278% |
| Other tangible fixed assets | 26 | €5,261 | €30,313 | +€25,052 | +476% |
| Financial fixed assets | 28 | €2,101 | €2,101 | = | 0.0% |
| Current assets | 29/58 | €8,460 | €14,541 | +€6,081 | +71.9% |
| Stocks and contracts in progress | 3 | €4,276 | €4,276 | = | 0.0% |
| Stocks | 30/36 | €4,276 | €4,276 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,672 | €3,929 | +€1,257 | +47.0% |
| Trade receivables | 40 | €2,672 | €205 | -€2,467 | -92.3% |
| Other amounts receivable | 41 | €0 | €3,724 | +€3,723 | +809,365% |
| Cash at bank and in hand | 54/58 | €1,129 | €5,676 | +€4,546 | +403% |
| Deferred charges and accrued income | 490/1 | €383 | €661 | +€278 | +72.7% |
| Total equity and liabilities | 10/49 | €18,618 | €75,323 | +€56,706 | +305% |
| Equity | 10/15 | -€12,187 | -€70,124 | -€57,937 | -475% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51 | €51 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51 | - | -€51 | |
| Reserves not available under the articles | 1311 | €51 | - | -€51 | |
| Distributable reserves | 133 | - | €51 | +€51 | |
| Profit (loss) carried forward | 14 | -€30,838 | -€88,776 | -€57,937 | -188% |
| Amounts payable | 17/49 | €30,805 | €145,448 | +€114,643 | +372% |
| Amounts payable after more than one year | 17 | €11,746 | €64,930 | +€53,184 | +453% |
| Financial debts | 170/4 | €1,746 | €55,930 | +€54,184 | +3,103% |
| Other amounts payable | 178/9 | €10,000 | €9,000 | -€1,000 | -10.0% |
| Amounts payable within one year | 42/48 | €18,518 | €80,518 | +€61,999 | +335% |
| Current portion of amounts payable after more than one year | 42 | €3,395 | €16,727 | +€13,332 | +393% |
| Trade debts | 44 | €1,631 | €7,215 | +€5,584 | +342% |
| Suppliers | 440/4 | €1,631 | €7,215 | +€5,584 | +342% |
| Taxes, remuneration and social security | 45 | €4,223 | €3,709 | -€514 | -12.2% |
| Taxes | 450/3 | €3,978 | - | -€3,978 | |
| Remuneration and social security | 454/9 | €245 | €3,709 | +€3,464 | +1,414% |
| Other amounts payable | 47/48 | €9,268 | €52,866 | +€43,597 | +470% |
| Accrued charges and deferred income | 492/3 | €540 | - | -€540 | |
| Remuneration, social security and pensions | 62 | €13,568 | €16,025 | +€2,457 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,139 | €7,794 | +€3,655 | +88.3% |
| Other operating charges | 640/8 | €1,395 | €2,533 | +€1,138 | +81.6% |
| Gross operating margin | 9900 | €28,085 | -€28,818 | -€56,903 | |
| Operating profit (loss) | 9901 | €8,983 | -€55,170 | -€64,153 | |
| Financial income | 75/76B | €2 | €27 | +€25 | +1,276% |
| Recurring financial income | 75 | €2 | €27 | +€25 | +1,276% |
| Financial charges | 65/66B | €1,567 | €2,795 | +€1,228 | +78.3% |
| Recurring financial charges | 65 | €1,567 | €2,795 | +€1,228 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | €7,418 | -€57,937 | -€65,356 | |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €7,418 | -€57,937 | -€65,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,418 | -€57,937 | -€65,356 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.