KRD INVEST: 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.
KRD INVEST
Largest movements
- Cash -€13,497
down €13,497 (-97.8%), from €13,806 to €309
mainly Net result for the year (-€9,749) and Receivables within one year (-€7,116)
- Receivables within one year +€7,116
up €7,116 (+123%), from €5,791 to €12,907
of which Other amounts receivable: +€10,241
- Financial fixed assets -€1,875
no longer reported in 2023 (was €1,875)
- Deferred charges and accrued income -€1,250
no longer reported in 2023 (was €1,250)
- Tangible fixed assets -€694
down €694 (-16.8%), from €4,142 to €3,448
- Profit (loss) carried forward -€9,749
down €9,749 (-31.9%), from -€30,538 to -€40,286
- Trade debts -€451
no longer reported in 2023 (was €451)
- Gross operating margin +€5,251
up €5,251 (+44.0%), from -€11,933 to -€6,682
- Other operating charges -€528
down €528 (-51.0%), from €1,034 to €506
- Financial income +€355
up €355 (+53,037%), from €1 to €356
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 | €29,913 | €19,714 | -€10,200 | -34.1% |
| Fixed assets | 21/28 | €6,017 | €3,448 | -€2,569 | -42.7% |
| Tangible fixed assets | 22/27 | €4,142 | €3,448 | -€694 | -16.8% |
| Furniture and vehicles | 24 | €4,142 | €3,448 | -€694 | -16.8% |
| Financial fixed assets | 28 | €1,875 | - | -€1,875 | |
| Current assets | 29/58 | €23,897 | €16,266 | -€7,631 | -31.9% |
| Stocks and contracts in progress | 3 | €3,050 | €3,050 | = | 0.0% |
| Stocks | 30/36 | €3,050 | €3,050 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,791 | €12,907 | +€7,116 | +123% |
| Trade receivables | 40 | €3,125 | - | -€3,125 | |
| Other amounts receivable | 41 | €2,666 | €12,907 | +€10,241 | +384% |
| Cash at bank and in hand | 54/58 | €13,806 | €309 | -€13,497 | -97.8% |
| Deferred charges and accrued income | 490/1 | €1,250 | - | -€1,250 | |
| Total equity and liabilities | 10/49 | €29,913 | €19,714 | -€10,200 | -34.1% |
| Equity | 10/15 | €29,462 | €19,714 | -€9,749 | -33.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,538 | -€40,286 | -€9,749 | -31.9% |
| Amounts payable | 17/49 | €451 | - | -€451 | |
| Amounts payable within one year | 42/48 | €451 | - | -€451 | |
| Trade debts | 44 | €451 | - | -€451 | |
| Suppliers | 440/4 | €451 | - | -€451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,791 | €2,753 | -€38 | -1.4% |
| Other operating charges | 640/8 | €1,034 | €506 | -€528 | -51.0% |
| Gross operating margin | 9900 | -€11,933 | -€6,682 | +€5,251 | +44.0% |
| Operating profit (loss) | 9901 | -€15,758 | -€9,941 | +€5,817 | +36.9% |
| Financial income | 75/76B | €1 | €356 | +€355 | +53,037% |
| Recurring financial income | 75 | €1 | €356 | +€355 | +53,037% |
| Financial charges | 65/66B | €132 | €163 | +€31 | +23.7% |
| Recurring financial charges | 65 | €132 | €163 | +€31 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,889 | -€9,749 | +€6,141 | +38.6% |
| Profit (loss) for the period | 9904 | -€15,889 | -€9,749 | +€6,141 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,889 | -€9,749 | +€6,141 | +38.6% |
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 29 October 2026 via checked.be.