KONINVEST: 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.
KONINVEST
Largest movements
- Receivables within one year -€49,311
down €49,311 (-12.3%), from €400,350 to €351,039
- Debts after one year -€275,000
no longer reported in 2014 (was €275,000)
- Reserves +€120,000
up €120,000 (+25.9%), from €463,719 to €583,719
- Debts within one year +€102,444
up €102,444 (+88.2%), from €116,143 to €218,588
- Gross operating margin +€141,319
up €141,319 (+500%), from €28,246 to €169,565
- Taxes +€46,168
up €46,168 (+274%), from €16,832 to €63,000
From the 2013 result to the 2014 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 2013 and 2014 balance sheets and the 2014 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2013 | 2014 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €876,740 | €823,988 | -€52,753 | -6.0% |
| Fixed assets | 21/28 | €457,932 | €452,163 | -€5,770 | -1.3% |
| Tangible fixed assets | 22/27 | €432,740 | €425,720 | -€7,020 | -1.6% |
| Financial fixed assets | 28 | €25,192 | €26,442 | +€1,250 | +5.0% |
| Current assets | 29/58 | €418,808 | €371,825 | -€46,983 | -11.2% |
| Amounts receivable within one year | 40/41 | €400,350 | €351,039 | -€49,311 | -12.3% |
| Cash at bank and in hand | 54/58 | €18,458 | €20,786 | +€2,328 | +12.6% |
| Total equity and liabilities | 10/49 | €876,740 | €823,988 | -€52,753 | -6.0% |
| Equity | 10/15 | €478,045 | €597,848 | +€119,803 | +25.1% |
| Contributions | 10/11 | €12,398 | €12,398 | = | 0.0% |
| Reserves | 13 | €463,719 | €583,719 | +€120,000 | +25.9% |
| Profit (loss) carried forward | 14 | €1,927 | €1,730 | -€197 | -10.2% |
| Provisions and deferred taxes | 16 | €7,552 | €7,552 | = | 0.0% |
| Amounts payable | 17/49 | €391,143 | €218,588 | -€172,556 | -44.1% |
| Amounts payable after more than one year | 17 | €275,000 | - | -€275,000 | |
| Amounts payable within one year | 42/48 | €116,143 | €218,588 | +€102,444 | +88.2% |
| Trade debts | 44 | - | €1,674 | +€1,674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,301 | €16,451 | +€1,150 | +7.5% |
| Gross operating margin | 9900 | €28,246 | €169,565 | +€141,319 | +500% |
| Operating profit (loss) | 9901 | €10,493 | €150,657 | +€140,164 | +1,336% |
| Recurring financial income | 75 | €38,980 | €35,668 | -€3,313 | -8.5% |
| Recurring financial charges | 65 | €18,930 | €3,522 | -€15,408 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €40,543 | €182,803 | +€142,259 | +351% |
| Income taxes | 67/77 | €16,832 | €63,000 | +€46,168 | +274% |
| Profit (loss) for the period | 9904 | €23,711 | €119,803 | +€96,092 | +405% |
| Profit (loss) for the period to be appropriated | 9905 | €23,711 | €119,803 | +€96,092 | +405% |
Source: filed annual accounts (NBB), financial years ended 31 December 2013 and 31 December 2014. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.