KOENDUZ: 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.
KOENDUZ
Largest movements
- Stocks and contracts -€5,550
down €5,550 (-7.0%), from €79,711 to €74,161
- Receivables within one year +€1,754
up €1,754 (+35.4%), from €4,953 to €6,707
of which Other amounts receivable: +€1,754
- Cash -€1,256
down €1,256 (-15.1%), from €8,327 to €7,071
mainly Trade debts (-€5,821) and Other debts (-€2,654)
- Trade debts -€5,821
down €5,821 (-52.8%), from €11,021 to €5,200
- Tax, wage and social debts +€4,172
up €4,172, from €0 to €4,172
of which Taxes: +€2,547
- Other debts -€2,654
down €2,654 (-10.2%), from €26,037 to €23,383
- Staff costs -€12,241
down €12,241 (-80.8%), from €15,149 to €2,908
- Taxes +€10,292
new in 2023: €10,292
- Gross operating margin -€6,452
down €6,452 (-24.0%), from €26,851 to €20,399
- Financial charges +€1,871
up €1,871 (+38.3%), from €4,883 to €6,754
- Other operating charges +€292
up €292 (+32.5%), from €901 to €1,193
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 | €97,711 | €92,659 | -€5,052 | -5.2% |
| Fixed assets | 21/28 | €4,720 | €4,720 | = | 0.0% |
| Financial fixed assets | 28 | €4,720 | €4,720 | = | 0.0% |
| Current assets | 29/58 | €92,991 | €87,939 | -€5,052 | -5.4% |
| Stocks and contracts in progress | 3 | €79,711 | €74,161 | -€5,550 | -7.0% |
| Stocks | 30/36 | €79,711 | €74,161 | -€5,550 | -7.0% |
| Amounts receivable within one year | 40/41 | €4,953 | €6,707 | +€1,754 | +35.4% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €4,953 | €6,707 | +€1,754 | +35.4% |
| Cash at bank and in hand | 54/58 | €8,327 | €7,071 | -€1,256 | -15.1% |
| Total equity and liabilities | 10/49 | €97,711 | €92,659 | -€5,052 | -5.2% |
| Equity | 10/15 | €60,653 | €59,904 | -€749 | -1.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,653 | €54,904 | -€749 | -1.3% |
| Amounts payable | 17/49 | €37,057 | €32,755 | -€4,303 | -11.6% |
| Amounts payable within one year | 42/48 | €37,057 | €32,755 | -€4,303 | -11.6% |
| Trade debts | 44 | €11,021 | €5,200 | -€5,821 | -52.8% |
| Suppliers | 440/4 | €11,021 | €5,200 | -€5,821 | -52.8% |
| Taxes, remuneration and social security | 45 | €0 | €4,172 | +€4,172 | |
| Taxes | 450/3 | - | €2,547 | +€2,547 | |
| Remuneration and social security | 454/9 | €0 | €1,625 | +€1,625 | |
| Other amounts payable | 47/48 | €26,037 | €23,383 | -€2,654 | -10.2% |
| Remuneration, social security and pensions | 62 | €15,149 | €2,908 | -€12,241 | -80.8% |
| Other operating charges | 640/8 | €901 | €1,193 | +€292 | +32.5% |
| Gross operating margin | 9900 | €26,851 | €20,399 | -€6,452 | -24.0% |
| Operating profit (loss) | 9901 | €10,801 | €16,297 | +€5,496 | +50.9% |
| Financial charges | 65/66B | €4,883 | €6,754 | +€1,871 | +38.3% |
| Recurring financial charges | 65 | €4,883 | €6,754 | +€1,871 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €5,918 | €9,543 | +€3,625 | +61.3% |
| Income taxes | 67/77 | - | €10,292 | +€10,292 | |
| Profit (loss) for the period | 9904 | €5,918 | -€749 | -€6,667 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,918 | -€749 | -€6,667 |
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 30 September 2026 via checked.be.