Kündür: 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.
Kündür
Largest movements
- Cash +€169,730
up €169,730 (+291%), from €58,333 to €228,063
mainly Trade debts (+€108,373) and Net result for the year (+€60,240)
- Stocks and contracts -€5,163
no longer reported in 2024 (was €5,163)
- Tangible fixed assets -€4,158
down €4,158 (-6.0%), from €69,162 to €65,005
of which Furniture and vehicles: -€4,286
- Trade debts +€108,373
up €108,373 (+132%), from €82,379 to €190,752
- Profit (loss) carried forward +€60,240
up €60,240 (+138%), from €43,583 to €103,823
- Debts after one year -€5,089
down €5,089 (-74.8%), from €6,808 to €1,719
- Tax, wage and social debts -€4,155
down €4,155 (-16.6%), from €24,999 to €20,844
of which Taxes: -€11,259
- Purchases and services +€869,650
new in 2024: €869,650
- Gross operating margin +€41,556
up €41,556 (+28.3%), from €146,822 to €188,379
- Taxes -€14,944
no longer reported in 2024 (was €14,944)
- Staff costs +€10,872
up €10,872 (+11.6%), from €93,761 to €104,633
- Depreciation +€2,373
up €2,373 (+15.8%), from €15,055 to €17,428
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 | €243,778 | €402,643 | +€158,865 | +65.2% |
| Fixed assets | 21/28 | €76,162 | €72,005 | -€4,158 | -5.5% |
| Tangible fixed assets | 22/27 | €69,162 | €65,005 | -€4,158 | -6.0% |
| Land and buildings | 22 | €4,200 | €3,500 | -€700 | -16.7% |
| Plant, machinery and equipment | 23 | €53,420 | €54,249 | +€828 | +1.6% |
| Furniture and vehicles | 24 | €11,542 | €7,256 | -€4,286 | -37.1% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €167,615 | €330,639 | +€163,023 | +97.3% |
| Stocks and contracts in progress | 3 | €5,163 | - | -€5,163 | |
| Stocks | 30/36 | €5,163 | - | -€5,163 | |
| Amounts receivable within one year | 40/41 | €102,064 | €100,238 | -€1,826 | -1.8% |
| Trade receivables | 40 | €72,152 | €61,381 | -€10,770 | -14.9% |
| Other amounts receivable | 41 | €29,912 | €38,856 | +€8,944 | +29.9% |
| Cash at bank and in hand | 54/58 | €58,333 | €228,063 | +€169,730 | +291% |
| Deferred charges and accrued income | 490/1 | €2,055 | €2,338 | +€283 | +13.8% |
| Total equity and liabilities | 10/49 | €243,778 | €402,643 | +€158,865 | +65.2% |
| Equity | 10/15 | €99,263 | €159,503 | +€60,240 | +60.7% |
| Contributions | 10/11 | €53,820 | €53,820 | = | 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 | €43,583 | €103,823 | +€60,240 | +138% |
| Amounts payable | 17/49 | €144,515 | €243,140 | +€98,626 | +68.2% |
| Amounts payable after more than one year | 17 | €6,808 | €1,719 | -€5,089 | -74.8% |
| Financial debts | 170/4 | €6,808 | €1,719 | -€5,089 | -74.8% |
| Amounts payable within one year | 42/48 | €137,707 | €241,422 | +€103,715 | +75.3% |
| Current portion of amounts payable after more than one year | 42 | €4,990 | €5,089 | +€99 | +2.0% |
| Trade debts | 44 | €82,379 | €190,752 | +€108,373 | +132% |
| Suppliers | 440/4 | €82,379 | €190,752 | +€108,373 | +132% |
| Advances received on contracts in progress | 46 | €583 | €583 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €24,999 | €20,844 | -€4,155 | -16.6% |
| Taxes | 450/3 | €17,769 | €6,511 | -€11,259 | -63.4% |
| Remuneration and social security | 454/9 | €7,230 | €14,333 | +€7,104 | +98.3% |
| Other amounts payable | 47/48 | €24,755 | €24,153 | -€602 | -2.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €869,650 | +€869,650 | |
| Remuneration, social security and pensions | 62 | €93,761 | €104,633 | +€10,872 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,055 | €17,428 | +€2,373 | +15.8% |
| Other operating charges | 640/8 | €5,501 | €4,101 | -€1,401 | -25.5% |
| Gross operating margin | 9900 | €146,822 | €188,379 | +€41,556 | +28.3% |
| Operating profit (loss) | 9901 | €32,506 | €62,217 | +€29,711 | +91.4% |
| Financial income | 75/76B | €76 | €0 | -€76 | -99.5% |
| Recurring financial income | 75 | €76 | €0 | -€76 | -99.5% |
| Financial charges | 65/66B | €777 | €1,978 | +€1,200 | +154% |
| Recurring financial charges | 65 | €777 | €1,978 | +€1,200 | +154% |
| Profit (loss) for the period before taxes | 9903 | €31,805 | €60,240 | +€28,435 | +89.4% |
| Income taxes | 67/77 | €14,944 | - | -€14,944 | |
| Profit (loss) for the period | 9904 | €16,861 | €60,240 | +€43,379 | +257% |
| Profit (loss) for the period to be appropriated | 9905 | €16,861 | €60,240 | +€43,379 | +257% |
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 16 October 2026 via checked.be.