KONECS: 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.
KONECS
Largest movements
- Cash -€14,289
down €14,289 (-14.5%), from €98,647 to €84,358
mainly Current portion of long-term debt (-€9,745) and Net result for the year (-€5,148)
- Current portion of long-term debt -€9,745
no longer reported in 2024 (was €9,745)
- Profit (loss) carried forward -€5,148
down €5,148 (-4.0%), from -€129,496 to -€134,644
- Other debts +€3,078
new in 2024: €3,078
- Trade debts -€1,665
down €1,665 (-16.0%), from €10,421 to €8,756
- Depreciation -€16,240
no longer reported in 2024 (was €16,240)
- Gross operating margin +€13,092
up €13,092 (+80.1%), from -€16,349 to -€3,257
- Financial charges +€1,690
up €1,690 (+839.9%), from €201 to €1,891
- Other operating charges -€400
no longer reported in 2024 (was €400)
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 | €137,411 | €123,122 | -€14,289 | -10.4% |
| Fixed assets | 21/28 | €18,937 | €18,937 | = | 0.0% |
| Tangible fixed assets | 22/27 | €18,937 | €18,937 | = | 0.0% |
| Land and buildings | 22 | €10,008 | €10,008 | = | 0.0% |
| Furniture and vehicles | 24 | €8,928 | €8,928 | = | 0.0% |
| Current assets | 29/58 | €118,475 | €104,185 | -€14,289 | -12.1% |
| Amounts receivable within one year | 40/41 | €18,514 | €18,514 | = | 0.0% |
| Trade receivables | 40 | €10,852 | €10,852 | = | 0.0% |
| Other amounts receivable | 41 | €7,661 | €7,661 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €98,647 | €84,358 | -€14,289 | -14.5% |
| Deferred charges and accrued income | 490/1 | €1,314 | €1,314 | = | 0.0% |
| Total equity and liabilities | 10/49 | €137,411 | €123,122 | -€14,289 | -10.4% |
| Equity | 10/15 | €42,808 | €37,660 | -€5,148 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,704 | €153,704 | = | 0.0% |
| Distributable reserves | 133 | €153,704 | €153,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,496 | -€134,644 | -€5,148 | -4.0% |
| Amounts payable | 17/49 | €94,604 | €85,462 | -€9,141 | -9.7% |
| Amounts payable after more than one year | 17 | €28,468 | €28,468 | = | 0.0% |
| Financial debts | 170/4 | €28,468 | €28,468 | = | 0.0% |
| Amounts payable within one year | 42/48 | €66,136 | €56,994 | -€9,141 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €9,745 | - | -€9,745 | |
| Trade debts | 44 | €10,421 | €8,756 | -€1,665 | -16.0% |
| Suppliers | 440/4 | €10,421 | €8,756 | -€1,665 | -16.0% |
| Taxes, remuneration and social security | 45 | €45,970 | €45,160 | -€809 | -1.8% |
| Taxes | 450/3 | €29,631 | €28,822 | -€809 | -2.7% |
| Remuneration and social security | 454/9 | €16,339 | €16,339 | = | 0.0% |
| Other amounts payable | 47/48 | - | €3,078 | +€3,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,240 | - | -€16,240 | |
| Other operating charges | 640/8 | €400 | - | -€400 | |
| Gross operating margin | 9900 | -€16,349 | -€3,257 | +€13,092 | +80.1% |
| Operating profit (loss) | 9901 | -€32,988 | -€3,257 | +€29,731 | +90.1% |
| Financial charges | 65/66B | €201 | €1,891 | +€1,690 | +839.9% |
| Recurring financial charges | 65 | €201 | €1,891 | +€1,690 | +839.9% |
| Profit (loss) for the period before taxes | 9903 | -€33,190 | -€5,148 | +€28,042 | +84.5% |
| Profit (loss) for the period | 9904 | -€33,190 | -€5,148 | +€28,042 | +84.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,190 | -€5,148 | +€28,042 | +84.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.