Kitty O’Sheas: 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.
Kitty O’Sheas
Largest movements
- Receivables within one year -€97,166
down €97,166 (-92.9%), from €104,633 to €7,467
of which Other amounts receivable: -€83,387
- Financial fixed assets +€62,549
up €62,549 (+203%), from €30,835 to €93,384
- Cash -€48,431
down €48,431 (-30.7%), from €157,994 to €109,562
mainly Investment in fixed assets (net) (-€107,190) and Trade debts (-€51,006)
- Tangible fixed assets +€37,275
up €37,275 (+177%), from €21,078 to €58,353
of which Plant, machinery and equipment: +€37,053
- Intangible fixed assets -€12,000
down €12,000 (-66.7%), from €18,000 to €6,000
- Trade debts -€51,006
down €51,006 (-63.7%), from €80,067 to €29,061
- Profit (loss) carried forward +€12,641
up €12,641 (+10.7%), from €118,405 to €131,046
- Tax, wage and social debts -€11,364
down €11,364 (-27.4%), from €41,548 to €30,184
of which Taxes: -€12,237
- Other debts -€9,891
down €9,891 (-32.4%), from €30,519 to €20,628
- Staff costs +€37,970
up €37,970 (+26.3%), from €144,161 to €182,131
- Gross operating margin -€12,083
down €12,083 (-4.6%), from €261,166 to €249,083
- Taxes -€9,577
down €9,577 (-64.7%), from €14,810 to €5,232
- Depreciation +€6,554
up €6,554 (+51.2%), from €12,812 to €19,366
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 | €332,540 | €274,766 | -€57,774 | -17.4% |
| Fixed assets | 21/28 | €69,913 | €157,737 | +€87,824 | +126% |
| Intangible fixed assets | 21 | €18,000 | €6,000 | -€12,000 | -66.7% |
| Tangible fixed assets | 22/27 | €21,078 | €58,353 | +€37,275 | +177% |
| Plant, machinery and equipment | 23 | €17,763 | €54,816 | +€37,053 | +209% |
| Furniture and vehicles | 24 | €3,315 | €3,537 | +€222 | +6.7% |
| Financial fixed assets | 28 | €30,835 | €93,384 | +€62,549 | +203% |
| Current assets | 29/58 | €262,627 | €117,029 | -€145,598 | -55.4% |
| Amounts receivable within one year | 40/41 | €104,633 | €7,467 | -€97,166 | -92.9% |
| Trade receivables | 40 | €13,779 | - | -€13,779 | |
| Other amounts receivable | 41 | €90,854 | €7,467 | -€83,387 | -91.8% |
| Cash at bank and in hand | 54/58 | €157,994 | €109,562 | -€48,431 | -30.7% |
| Total equity and liabilities | 10/49 | €332,540 | €274,766 | -€57,774 | -17.4% |
| Equity | 10/15 | €180,405 | €193,046 | +€12,641 | +7.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €42,000 | €42,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,000 | €22,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,405 | €131,046 | +€12,641 | +10.7% |
| Amounts payable | 17/49 | €152,135 | €81,720 | -€70,415 | -46.3% |
| Amounts payable within one year | 42/48 | €152,135 | €81,720 | -€70,415 | -46.3% |
| Trade debts | 44 | €80,067 | €29,061 | -€51,006 | -63.7% |
| Suppliers | 440/4 | €80,067 | €29,061 | -€51,006 | -63.7% |
| Advances received on contracts in progress | 46 | - | €1,847 | +€1,847 | |
| Taxes, remuneration and social security | 45 | €41,548 | €30,184 | -€11,364 | -27.4% |
| Taxes | 450/3 | €38,113 | €25,877 | -€12,237 | -32.1% |
| Remuneration and social security | 454/9 | €3,435 | €4,307 | +€872 | +25.4% |
| Other amounts payable | 47/48 | €30,519 | €20,628 | -€9,891 | -32.4% |
| Remuneration, social security and pensions | 62 | €144,161 | €182,131 | +€37,970 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,812 | €19,366 | +€6,554 | +51.2% |
| Other operating charges | 640/8 | €1,568 | €1,165 | -€403 | -25.7% |
| Gross operating margin | 9900 | €261,166 | €249,083 | -€12,083 | -4.6% |
| Operating profit (loss) | 9901 | €102,624 | €46,420 | -€56,204 | -54.8% |
| Financial income | 75/76B | €0 | €14 | +€14 | +4,422% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +4,422% |
| Financial charges | 65/66B | €9,049 | €8,561 | -€488 | -5.4% |
| Recurring financial charges | 65 | €9,049 | €8,561 | -€488 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €93,575 | €37,874 | -€55,702 | -59.5% |
| Income taxes | 67/77 | €14,810 | €5,232 | -€9,577 | -64.7% |
| Profit (loss) for the period | 9904 | €78,765 | €32,641 | -€46,124 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €78,765 | €32,641 | -€46,124 | -58.6% |
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 19 October 2026 via checked.be.