KRAF: 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.
KRAF
Largest movements
- Receivables within one year +€10,029
up €10,029 (+384%), from €2,609 to €12,638
of which Other amounts receivable: +€11,239
- Stocks and contracts -€2,970
down €2,970 (-13.8%), from €21,549 to €18,579
- Cash +€1,286
up €1,286 (+55.7%), from €2,308 to €3,594
mainly Net result for the year (+€5,418) and Stocks and contracts (+€2,970)
- Profit (loss) carried forward +€5,418
up €5,418 (+33.9%), from €15,993 to €21,411
- Short-term financial debts +€2,512
new in 2023: €2,512
- Tax, wage and social debts +€1,894
up €1,894 (+313%), from €604 to €2,499
- Trade debts -€1,744
down €1,744 (-84.1%), from €2,074 to €330
- Gross operating margin +€7,473
up €7,473 (+136%), from €5,510 to €12,983
- Financial charges +€1,901
up €1,901 (+123%), from €1,550 to €3,451
- Taxes +€1,138
up €1,138 (+342%), from €333 to €1,471
- Other operating charges +€644
up €644 (+33.0%), from €1,950 to €2,593
- Depreciation -€150
down €150 (-75.0%), from €200 to €50
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.
Derived cash bridge
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 | €26,732 | €34,812 | +€8,081 | +30.2% |
| Fixed assets | 21/28 | €50 | - | -€50 | |
| Tangible fixed assets | 22/27 | €50 | - | -€50 | |
| Plant, machinery and equipment | 23 | €50 | - | -€50 | |
| Current assets | 29/58 | €26,682 | €34,812 | +€8,131 | +30.5% |
| Stocks and contracts in progress | 3 | €21,549 | €18,579 | -€2,970 | -13.8% |
| Stocks | 30/36 | €21,549 | €18,579 | -€2,970 | -13.8% |
| Amounts receivable within one year | 40/41 | €2,609 | €12,638 | +€10,029 | +384% |
| Trade receivables | 40 | €1,210 | - | -€1,210 | |
| Other amounts receivable | 41 | €1,399 | €12,638 | +€11,239 | +803% |
| Cash at bank and in hand | 54/58 | €2,308 | €3,594 | +€1,286 | +55.7% |
| Deferred charges and accrued income | 490/1 | €215 | - | -€215 | |
| Total equity and liabilities | 10/49 | €26,732 | €34,812 | +€8,081 | +30.2% |
| Equity | 10/15 | €24,053 | €29,471 | +€5,418 | +22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,993 | €21,411 | +€5,418 | +33.9% |
| Amounts payable | 17/49 | €2,678 | €5,341 | +€2,662 | +99.4% |
| Amounts payable within one year | 42/48 | €2,678 | €5,341 | +€2,662 | +99.4% |
| Financial debts | 43 | - | €2,512 | +€2,512 | |
| Credit institutions | 430/8 | - | €2,512 | +€2,512 | |
| Trade debts | 44 | €2,074 | €330 | -€1,744 | -84.1% |
| Suppliers | 440/4 | €2,074 | €330 | -€1,744 | -84.1% |
| Taxes, remuneration and social security | 45 | €604 | €2,499 | +€1,894 | +313% |
| Taxes | 450/3 | €604 | €2,499 | +€1,894 | +313% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €50 | -€150 | -75.0% |
| Other operating charges | 640/8 | €1,950 | €2,593 | +€644 | +33.0% |
| Gross operating margin | 9900 | €5,510 | €12,983 | +€7,473 | +136% |
| Operating profit (loss) | 9901 | €3,361 | €10,339 | +€6,979 | +208% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,550 | €3,451 | +€1,901 | +123% |
| Recurring financial charges | 65 | €1,550 | €3,451 | +€1,901 | +123% |
| Profit (loss) for the period before taxes | 9903 | €1,811 | €6,889 | +€5,078 | +280% |
| Income taxes | 67/77 | €333 | €1,471 | +€1,138 | +342% |
| Profit (loss) for the period | 9904 | €1,478 | €5,418 | +€3,940 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €1,478 | €5,418 | +€3,940 | +266% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.