KONTEX: 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.
What changed
KONTEX
NACE 46.494, Wholesale of non-electrical household articles
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€178,295
2023 · -€208,957+€387,252
Equity
€98,085
2023 · -€80,210+€178,295
Cash
€5,999
2023 · €14,458-€8,459
Balance sheet total
€1.5m
2023 · €1.3m+€186,244
Largest movements
Assets
- Receivables within one year +€185,266
up €185,266 (+71.8%), from €257,948 to €443,214
of which Trade receivables: +€228,066
Equity and liabilities
- Profit (loss) carried forward +€178,295
up €178,295, from -€100,661 to €77,634
- Other debts -€100,379
down €100,379 (-33.7%), from €297,429 to €197,050
- Tax, wage and social debts +€79,703
up €79,703 (+29.2%), from €273,417 to €353,119
of which Taxes: +€122,250
- Trade debts +€23,733
up €23,733 (+3.8%), from €618,451 to €642,184
Income statement
- Turnover +€630,813
up €630,813 (+27.7%), from €2.3m to €2.9m
- Gross operating margin +€463,521
up €463,521, from -€80,459 to €383,061
- Purchases and services +€217,208
up €217,208 (+8.9%), from €2.4m to €2.7m
- Staff costs +€58,566
up €58,566 (+100.4%), from €58,333 to €116,899
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.
Result 2023
-€208,957
Gross operating margin
+€463,521
Staff costs
-€58,566
Depreciation
+€332
Other operating charges
+€12,230
Financial income
-€22,286
Financial charges
+€414
Taxes
-€8,393
Result 2024
€178,295
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.
From operations
-€11,231
Investment
+€2,000
Financing
+€771
Cash 2023
€14,458
From operations (derived)
-€11,231
Net result for the year
+€178,295
Depreciation
+€8,846
Stocks and contracts
-€14,462
Receivables within one year
-€185,266
Deferred charges and accrued income
-€5,821
Trade debts
+€23,733
Tax, wage and social debts
+€79,703
Other debts
-€100,379
Accrued charges and deferred income
+€4,121
Investment (derived)
+€2,000
Investment in fixed assets (net)
+€2,000
Financing
+€771
Current portion of long-term debt
+€6,900
Short-term financial debts
-€6,129
Cash 2024
€5,999
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,318,942 | €1,505,186 | +€186,244 | +14.1% |
| Fixed assets | 21/28 | €65,244 | €54,398 | -€10,846 | -16.6% |
| Intangible fixed assets | 21 | €17,753 | €13,753 | -€4,000 | -22.5% |
| Tangible fixed assets | 22/27 | €25,973 | €31,127 | +€5,154 | +19.8% |
| Plant, machinery and equipment | 23 | €18,006 | €25,193 | +€7,187 | +39.9% |
| Furniture and vehicles | 24 | €7,968 | €5,935 | -€2,033 | -25.5% |
| Financial fixed assets | 28 | €21,517 | €9,517 | -€12,000 | -55.8% |
| Current assets | 29/58 | €1,253,698 | €1,450,788 | +€197,090 | +15.7% |
| Stocks and contracts in progress | 3 | €962,252 | €976,714 | +€14,462 | +1.5% |
| Stocks | 30/36 | €962,252 | €976,714 | +€14,462 | +1.5% |
| Amounts receivable within one year | 40/41 | €257,948 | €443,214 | +€185,266 | +71.8% |
| Trade receivables | 40 | €105,803 | €333,869 | +€228,066 | +215.6% |
| Other amounts receivable | 41 | €152,145 | €109,345 | -€42,800 | -28.1% |
| Cash at bank and in hand | 54/58 | €14,458 | €5,999 | -€8,459 | -58.5% |
| Deferred charges and accrued income | 490/1 | €19,040 | €24,861 | +€5,821 | +30.6% |
| Total equity and liabilities | 10/49 | €1,318,942 | €1,505,186 | +€186,244 | +14.1% |
| Equity | 10/15 | -€80,210 | €98,085 | +€178,295 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,661 | €77,634 | +€178,295 | |
| Amounts payable | 17/49 | €1,399,152 | €1,407,101 | +€7,949 | +0.6% |
| Amounts payable after more than one year | 17 | €9,000 | €9,000 | = | 0.0% |
| Other amounts payable | 178/9 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,388,700 | €1,392,528 | +€3,828 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,900 | +€6,900 | |
| Financial debts | 43 | €199,404 | €193,275 | -€6,129 | -3.1% |
| Credit institutions | 430/8 | €199,404 | €193,275 | -€6,129 | -3.1% |
| Trade debts | 44 | €618,451 | €642,184 | +€23,733 | +3.8% |
| Suppliers | 440/4 | €618,451 | €642,184 | +€23,733 | +3.8% |
| Taxes, remuneration and social security | 45 | €273,417 | €353,119 | +€79,703 | +29.2% |
| Taxes | 450/3 | €200,275 | €322,525 | +€122,250 | +61.0% |
| Remuneration and social security | 454/9 | €73,142 | €30,595 | -€42,547 | -58.2% |
| Other amounts payable | 47/48 | €297,429 | €197,050 | -€100,379 | -33.7% |
| Accrued charges and deferred income | 492/3 | €1,451 | €5,572 | +€4,121 | +283.9% |
| Turnover | 70 | €2,280,064 | €2,910,877 | +€630,813 | +27.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,435,817 | €2,653,025 | +€217,208 | +8.9% |
| Remuneration, social security and pensions | 62 | €58,333 | €116,899 | +€58,566 | +100.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,179 | €8,846 | -€332 | -3.6% |
| Other operating charges | 640/8 | €43,873 | €31,643 | -€12,230 | -27.9% |
| Gross operating margin | 9900 | -€80,459 | €383,061 | +€463,521 | |
| Operating profit (loss) | 9901 | -€191,844 | €225,674 | +€417,517 | |
| Financial income | 75/76B | €22,501 | €215 | -€22,286 | -99.0% |
| Recurring financial income | 75 | €1,268 | €215 | -€1,053 | -83.0% |
| Non-recurring financial income | 76B | €21,233 | - | -€21,233 | |
| Financial charges | 65/66B | €39,034 | €38,620 | -€414 | -1.1% |
| Recurring financial charges | 65 | €39,034 | €38,620 | -€414 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€208,377 | €187,269 | +€395,645 | |
| Income taxes | 67/77 | €580 | €8,974 | +€8,393 | +1445.9% |
| Profit (loss) for the period | 9904 | -€208,957 | €178,295 | +€387,252 | |
| Profit (loss) for the period to be appropriated | 9905 | -€208,957 | €178,295 | +€387,252 |
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 10 October 2026 via checked.be.