KUNGFU-cius: what changed
What changed
KUNGFU-cius
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
-€27,245
2023 · €10,036-€37,282
Equity
€89,792
2023 · €117,037-€27,245
Cash
-
not filed
Balance sheet total
€142,420
2023 · €193,419-€50,998
Largest movements
Assets
- Receivables within one year -€49,408
down €49,408 (-47.6%), from €103,904 to €54,496
of which Trade receivables: -€46,750
- Deferred charges and accrued income +€8,842
up €8,842, from €0 to €8,842
- Tangible fixed assets -€8,219
down €8,219 (-33.5%), from €24,540 to €16,321
of which Other tangible fixed assets: -€5,610
- Receivables after one year -€2,213
down €2,213 (-3.4%), from €64,975 to €62,762
Equity and liabilities
- Profit (loss) carried forward -€27,245
new in 2024: -€27,245
- Tax, wage and social debts -€26,893
down €26,893 (-71.0%), from €37,883 to €10,990
of which Taxes: -€26,893
- Trade debts +€7,449
up €7,449 (+197%), from €3,775 to €11,224
- Debts after one year -€4,068
down €4,068 (-42.0%), from €9,683 to €5,614
Income statement
- Gross operating margin -€47,573
down €47,573, from €31,604 to -€15,970
- Taxes -€8,326
down €8,326 (-95.1%), from €8,758 to €432
- Financial income +€1,531
up €1,531 (+79.8%), from €1,918 to €3,449
- Other operating charges -€516
down €516 (-13.4%), from €3,850 to €3,334
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€10,036
Gross operating margin
-€47,573
Depreciation
-€275
Other operating charges
+€516
Financial income
+€1,531
Financial charges
+€194
Taxes
+€8,326
Result 2024
-€27,245
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,419 | €142,420 | -€50,998 | -26.4% |
| Fixed assets | 21/28 | €24,540 | €16,321 | -€8,219 | -33.5% |
| Tangible fixed assets | 22/27 | €24,540 | €16,321 | -€8,219 | -33.5% |
| Plant, machinery and equipment | 23 | €1,298 | €437 | -€861 | -66.3% |
| Furniture and vehicles | 24 | €3,683 | €1,935 | -€1,748 | -47.5% |
| Other tangible fixed assets | 26 | €19,559 | €13,949 | -€5,610 | -28.7% |
| Current assets | 29/58 | €168,879 | €126,100 | -€42,779 | -25.3% |
| Amounts receivable after more than one year | 29 | €64,975 | €62,762 | -€2,213 | -3.4% |
| Other amounts receivable | 291 | €64,975 | €62,762 | -€2,213 | -3.4% |
| Amounts receivable within one year | 40/41 | €103,904 | €54,496 | -€49,408 | -47.6% |
| Trade receivables | 40 | €63,541 | €16,791 | -€46,750 | -73.6% |
| Other amounts receivable | 41 | €40,363 | €37,705 | -€2,658 | -6.6% |
| Deferred charges and accrued income | 490/1 | €0 | €8,842 | +€8,842 | |
| Total equity and liabilities | 10/49 | €193,419 | €142,420 | -€50,998 | -26.4% |
| Equity | 10/15 | €117,037 | €89,792 | -€27,245 | -23.3% |
| Contributions | 10/11 | €66,600 | €66,600 | = | 0.0% |
| Reserves | 13 | €50,437 | €50,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €721 | €721 | = | 0.0% |
| Reserves not available under the articles | 1311 | €721 | €721 | = | 0.0% |
| Distributable reserves | 133 | €49,716 | €49,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€27,245 | -€27,245 | |
| Amounts payable | 17/49 | €76,381 | €52,628 | -€23,753 | -31.1% |
| Amounts payable after more than one year | 17 | €9,683 | €5,614 | -€4,068 | -42.0% |
| Financial debts | 170/4 | €9,683 | €5,614 | -€4,068 | -42.0% |
| Amounts payable within one year | 42/48 | €66,281 | €46,497 | -€19,784 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €4,458 | €4,390 | -€68 | -1.5% |
| Financial debts | 43 | €9,165 | €10,021 | +€856 | +9.3% |
| Credit institutions | 430/8 | €9,165 | €10,021 | +€856 | +9.3% |
| Trade debts | 44 | €3,775 | €11,224 | +€7,449 | +197% |
| Suppliers | 440/4 | €3,775 | €11,224 | +€7,449 | +197% |
| Taxes, remuneration and social security | 45 | €37,883 | €10,990 | -€26,893 | -71.0% |
| Taxes | 450/3 | €37,883 | €10,990 | -€26,893 | -71.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,000 | €9,872 | -€1,128 | -10.3% |
| Accrued charges and deferred income | 492/3 | €418 | €517 | +€99 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,944 | €8,219 | +€275 | +3.5% |
| Other operating charges | 640/8 | €3,850 | €3,334 | -€516 | -13.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €31,604 | -€15,970 | -€47,573 | |
| Operating profit (loss) | 9901 | €19,810 | -€27,523 | -€47,332 | |
| Financial income | 75/76B | €1,918 | €3,449 | +€1,531 | +79.8% |
| Recurring financial income | 75 | €1,918 | €3,449 | +€1,531 | +79.8% |
| Financial charges | 65/66B | €2,934 | €2,740 | -€194 | -6.6% |
| Recurring financial charges | 65 | €2,934 | €2,740 | -€194 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €18,794 | -€26,813 | -€45,607 | |
| Income taxes | 67/77 | €8,758 | €432 | -€8,326 | -95.1% |
| Profit (loss) for the period | 9904 | €10,036 | -€27,245 | -€37,282 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,036 | -€27,245 | -€37,282 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.