KUCHER GROUP: 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.
KUCHER GROUP
Largest movements
- Cash +€98,089
up €98,089 (+19,618%), from €500 to €98,589
mainly Net result for the year (+€53,469) and Receivables within one year (+€37,171)
- Receivables within one year -€37,171
down €37,171 (-92.1%), from €40,378 to €3,207
of which Trade receivables: -€30,201
- Tangible fixed assets +€20,989
up €20,989 (+328%), from €6,398 to €27,387
of which Plant, machinery and equipment: +€10,904
- Profit (loss) carried forward +€53,469
up €53,469 (+778%), from €6,874 to €60,343
- Accrued charges and deferred income +€23,574
new in 2024: €23,574
- Trade debts +€4,616
up €4,616 (+11.3%), from €40,771 to €45,387
- Gross operating margin +€50,804
up €50,804 (+570%), from €8,909 to €59,713
- Depreciation +€3,953
up €3,953 (+307%), from €1,286 to €5,238
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.
Derived cash bridge
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 | €48,145 | €129,804 | +€81,659 | +170% |
| Formation expenses | 20 | €869 | €621 | -€248 | -28.6% |
| Fixed assets | 21/28 | €6,398 | €27,387 | +€20,989 | +328% |
| Tangible fixed assets | 22/27 | €6,398 | €27,387 | +€20,989 | +328% |
| Plant, machinery and equipment | 23 | - | €10,904 | +€10,904 | |
| Furniture and vehicles | 24 | €6,398 | €16,483 | +€10,084 | +158% |
| Current assets | 29/58 | €40,878 | €101,796 | +€60,918 | +149% |
| Amounts receivable within one year | 40/41 | €40,378 | €3,207 | -€37,171 | -92.1% |
| Trade receivables | 40 | €30,201 | - | -€30,201 | |
| Other amounts receivable | 41 | €10,177 | €3,207 | -€6,970 | -68.5% |
| Cash at bank and in hand | 54/58 | €500 | €98,589 | +€98,089 | +19,618% |
| Total equity and liabilities | 10/49 | €48,145 | €129,804 | +€81,659 | +170% |
| Equity | 10/15 | €7,374 | €60,843 | +€53,469 | +725% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,874 | €60,343 | +€53,469 | +778% |
| Amounts payable | 17/49 | €40,771 | €68,961 | +€28,189 | +69.1% |
| Amounts payable within one year | 42/48 | €40,771 | €45,387 | +€4,616 | +11.3% |
| Trade debts | 44 | €40,771 | €45,387 | +€4,616 | +11.3% |
| Suppliers | 440/4 | €40,771 | €45,387 | +€4,616 | +11.3% |
| Accrued charges and deferred income | 492/3 | - | €23,574 | +€23,574 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,286 | €5,238 | +€3,953 | +307% |
| Other operating charges | 640/8 | €749 | €986 | +€236 | +31.5% |
| Gross operating margin | 9900 | €8,909 | €59,713 | +€50,804 | +570% |
| Operating profit (loss) | 9901 | €6,874 | €53,489 | +€46,615 | +678% |
| Financial charges | 65/66B | - | €20 | +€20 | |
| Recurring financial charges | 65 | - | €20 | +€20 | |
| Profit (loss) for the period before taxes | 9903 | €6,874 | €53,469 | +€46,595 | +678% |
| Profit (loss) for the period | 9904 | €6,874 | €53,469 | +€46,595 | +678% |
| Profit (loss) for the period to be appropriated | 9905 | €6,874 | €53,469 | +€46,595 | +678% |
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 20 October 2026 via checked.be.