KISAM AF: 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.
KISAM AF
Largest movements
- Cash +€17,319
up €17,319 (+72.1%), from €24,033 to €41,352
mainly Debts after one year (+€14,013) and Current portion of long-term debt (+€10,579)
- Receivables within one year +€3,370
up €3,370 (+101.7%), from €3,315 to €6,685
- Stocks and contracts -€1,560
down €1,560 (-13.9%), from €11,238 to €9,678
- Tangible fixed assets -€696
down €696 (-33.9%), from €2,052 to €1,355
- Debts after one year +€14,013
new in 2024: €14,013
- Current portion of long-term debt +€10,579
new in 2024: €10,579
- Tax, wage and social debts -€9,459
no longer reported in 2024 (was €9,459)
- Profit (loss) carried forward +€5,792
up €5,792 (+79.4%), from €7,298 to €13,090
- Other debts -€2,583
down €2,583 (-17.4%), from €14,827 to €12,244
- Staff costs +€25,402
up €25,402 (+79.1%), from €32,100 to €57,502
- Gross operating margin +€23,534
up €23,534 (+55.9%), from €42,094 to €65,628
- Purchases and services -€21,891
down €21,891 (-23.4%), from €93,746 to €71,856
- Turnover +€1,644
up €1,644 (+1.2%), from €135,840 to €137,484
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 | €41,130 | €59,070 | +€17,941 | +43.6% |
| Formation expenses | 20 | €492 | - | -€492 | |
| Fixed assets | 21/28 | €2,052 | €1,355 | -€696 | -33.9% |
| Tangible fixed assets | 22/27 | €2,052 | €1,355 | -€696 | -33.9% |
| Furniture and vehicles | 24 | €2,052 | €1,355 | -€696 | -33.9% |
| Current assets | 29/58 | €38,586 | €57,715 | +€19,129 | +49.6% |
| Stocks and contracts in progress | 3 | €11,238 | €9,678 | -€1,560 | -13.9% |
| Stocks | 30/36 | €11,238 | €9,678 | -€1,560 | -13.9% |
| Amounts receivable within one year | 40/41 | €3,315 | €6,685 | +€3,370 | +101.7% |
| Other amounts receivable | 41 | €3,315 | €6,685 | +€3,370 | +101.7% |
| Cash at bank and in hand | 54/58 | €24,033 | €41,352 | +€17,319 | +72.1% |
| Total equity and liabilities | 10/49 | €41,130 | €59,070 | +€17,941 | +43.6% |
| Equity | 10/15 | €11,682 | €18,163 | +€6,481 | +55.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €384 | €1,073 | +€689 | +179.4% |
| Non-distributable reserves | 130/1 | €384 | €1,073 | +€689 | +179.4% |
| Reserves not available under the articles | 1311 | €384 | €1,073 | +€689 | +179.4% |
| Profit (loss) carried forward | 14 | €7,298 | €13,090 | +€5,792 | +79.4% |
| Amounts payable | 17/49 | €29,448 | €40,908 | +€11,460 | +38.9% |
| Amounts payable after more than one year | 17 | - | €14,013 | +€14,013 | |
| Financial debts | 170/4 | - | €14,013 | +€14,013 | |
| Amounts payable within one year | 42/48 | €29,448 | €26,895 | -€2,553 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,579 | +€10,579 | |
| Trade debts | 44 | €5,162 | €4,071 | -€1,091 | -21.1% |
| Suppliers | 440/4 | €5,162 | €4,071 | -€1,091 | -21.1% |
| Taxes, remuneration and social security | 45 | €9,459 | - | -€9,459 | |
| Remuneration and social security | 454/9 | €9,459 | - | -€9,459 | |
| Other amounts payable | 47/48 | €14,827 | €12,244 | -€2,583 | -17.4% |
| Turnover | 70 | €135,840 | €137,484 | +€1,644 | +1.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,746 | €71,856 | -€21,891 | -23.4% |
| Remuneration, social security and pensions | 62 | €32,100 | €57,502 | +€25,402 | +79.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,325 | €1,188 | -€137 | -10.3% |
| Other operating charges | 640/8 | €660 | €242 | -€417 | -63.3% |
| Gross operating margin | 9900 | €42,094 | €65,628 | +€23,534 | +55.9% |
| Operating profit (loss) | 9901 | €8,010 | €6,696 | -€1,314 | -16.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €329 | €215 | -€113 | -34.5% |
| Recurring financial charges | 65 | €329 | €215 | -€113 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €7,682 | €6,481 | -€1,201 | -15.6% |
| Profit (loss) for the period | 9904 | €7,682 | €6,481 | -€1,201 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,682 | €6,481 | -€1,201 | -15.6% |
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 10 October 2026 via checked.be.