KONTADO: 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.
KONTADO
Largest movements
- Financial fixed assets +€99,990
up €99,990 (+11.8%), from €850,000 to €949,990
- Cash +€43,819
up €43,819 (+289.1%), from €15,155 to €58,974
mainly Trade debts (+€199,631) and Provisions (+€56,063)
- Trade debts +€199,631
up €199,631 (+19071.7%), from €1,047 to €200,678
- Debts after one year -€105,268
down €105,268 (-19.5%), from €539,831 to €434,564
- Provisions +€56,063
new in 2024: €56,063
- Reserves +€30,381
up €30,381 (+31.5%), from €96,486 to €126,867
- Other debts -€29,272
down €29,272 (-25.6%), from €114,272 to €85,000
- Provisions +€56,063
new in 2024: €56,063
- Financial income +€30,022
new in 2024: €30,022
- Taxes -€13,461
down €13,461 (-83.5%), from €16,114 to €2,653
- Gross operating margin -€9,103
down €9,103 (-10.0%), from €91,104 to €82,001
- Other operating charges -€1,427
down €1,427 (-60.8%), from €2,349 to €922
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 | €895,791 | €1,042,993 | +€147,202 | +16.4% |
| Fixed assets | 21/28 | €850,985 | €951,117 | +€100,132 | +11.8% |
| Tangible fixed assets | 22/27 | €985 | €1,127 | +€142 | +14.4% |
| Plant, machinery and equipment | 23 | €985 | €487 | -€498 | -50.6% |
| Furniture and vehicles | 24 | - | €640 | +€640 | |
| Financial fixed assets | 28 | €850,000 | €949,990 | +€99,990 | +11.8% |
| Current assets | 29/58 | €44,806 | €91,876 | +€47,070 | +105.1% |
| Amounts receivable within one year | 40/41 | €29,606 | €32,432 | +€2,827 | +9.5% |
| Trade receivables | 40 | €25,446 | €26,092 | +€646 | +2.5% |
| Other amounts receivable | 41 | €4,160 | €6,340 | +€2,180 | +52.4% |
| Cash at bank and in hand | 54/58 | €15,155 | €58,974 | +€43,819 | +289.1% |
| Deferred charges and accrued income | 490/1 | €45 | €469 | +€425 | +945.1% |
| Total equity and liabilities | 10/49 | €895,791 | €1,042,993 | +€147,202 | +16.4% |
| Equity | 10/15 | €97,486 | €127,867 | +€30,381 | +31.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €96,486 | €126,867 | +€30,381 | +31.5% |
| Distributable reserves | 133 | €96,486 | €126,867 | +€30,381 | +31.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | - | €56,063 | +€56,063 | |
| Provisions for liabilities and charges | 160/5 | - | €56,063 | +€56,063 | |
| Other liabilities and charges | 164/5 | - | €56,063 | +€56,063 | |
| Amounts payable | 17/49 | €798,305 | €859,063 | +€60,758 | +7.6% |
| Amounts payable after more than one year | 17 | €539,831 | €434,564 | -€105,268 | -19.5% |
| Financial debts | 170/4 | €539,831 | €434,564 | -€105,268 | -19.5% |
| Amounts payable within one year | 42/48 | €258,474 | €424,499 | +€166,025 | +64.2% |
| Current portion of amounts payable after more than one year | 42 | €102,734 | €105,268 | +€2,534 | +2.5% |
| Trade debts | 44 | €1,047 | €200,678 | +€199,631 | +19071.7% |
| Suppliers | 440/4 | €1,047 | €200,678 | +€199,631 | +19071.7% |
| Taxes, remuneration and social security | 45 | €40,420 | €33,553 | -€6,867 | -17.0% |
| Taxes | 450/3 | €38,920 | €31,192 | -€7,728 | -19.9% |
| Remuneration and social security | 454/9 | €1,500 | €2,361 | +€861 | +57.4% |
| Other amounts payable | 47/48 | €114,272 | €85,000 | -€29,272 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €498 | €657 | +€159 | +31.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €56,063 | +€56,063 | |
| Other operating charges | 640/8 | €2,349 | €922 | -€1,427 | -60.8% |
| Gross operating margin | 9900 | €91,104 | €82,001 | -€9,103 | -10.0% |
| Operating profit (loss) | 9901 | €88,257 | €24,359 | -€63,899 | -72.4% |
| Financial income | 75/76B | - | €30,022 | +€30,022 | |
| Recurring financial income | 75 | - | €30,022 | +€30,022 | |
| Financial charges | 65/66B | €21,697 | €21,348 | -€349 | -1.6% |
| Recurring financial charges | 65 | €21,697 | €21,348 | -€349 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €66,561 | €33,033 | -€33,527 | -50.4% |
| Income taxes | 67/77 | €16,114 | €2,653 | -€13,461 | -83.5% |
| Profit (loss) for the period | 9904 | €50,447 | €30,381 | -€20,066 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,447 | €30,381 | -€20,066 | -39.8% |
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 11 October 2026 via checked.be.