KURNAZ-TEC: 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.
KURNAZ-TEC
Largest movements
- Deferred charges and accrued income +€36,115
new in 2024: €36,115
- Cash +€5,641
up €5,641 (+2481.9%), from €227 to €5,868
mainly Net result for the year (+€17,865) and Tax, wage and social debts (+€16,869)
- Receivables within one year -€5,055
down €5,055 (-8.0%), from €62,959 to €57,904
- Profit (loss) carried forward +€18,515
up €18,515 (+40.3%), from €45,898 to €64,413
- Tax, wage and social debts +€16,869
up €16,869 (+328.8%), from €5,131 to €22,000
- Trade debts +€2,177
up €2,177 (+29.2%), from €7,451 to €9,628
- Purchases and services +€79,651
up €79,651 (+201.2%), from €39,592 to €119,243
- Turnover +€70,814
up €70,814 (+102.5%), from €69,104 to €139,918
- Gross operating margin -€8,837
down €8,837 (-29.9%), from €29,511 to €20,675
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.
Cash bridge derived
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 | €63,187 | €100,748 | +€37,561 | +59.4% |
| Fixed assets | 21/28 | - | €861 | +€861 | |
| Financial fixed assets | 28 | - | €861 | +€861 | |
| Current assets | 29/58 | €63,187 | €99,887 | +€36,700 | +58.1% |
| Amounts receivable within one year | 40/41 | €62,959 | €57,904 | -€5,055 | -8.0% |
| Trade receivables | 40 | €62,959 | €57,904 | -€5,055 | -8.0% |
| Cash at bank and in hand | 54/58 | €227 | €5,868 | +€5,641 | +2481.9% |
| Deferred charges and accrued income | 490/1 | - | €36,115 | +€36,115 | |
| Total equity and liabilities | 10/49 | €63,187 | €100,748 | +€37,561 | +59.4% |
| Equity | 10/15 | €50,605 | €69,120 | +€18,515 | +36.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,707 | €1,707 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,707 | €1,707 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,707 | €1,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,898 | €64,413 | +€18,515 | +40.3% |
| Amounts payable | 17/49 | €12,582 | €31,627 | +€19,046 | +151.4% |
| Amounts payable within one year | 42/48 | €12,582 | €31,627 | +€19,046 | +151.4% |
| Trade debts | 44 | €7,451 | €9,628 | +€2,177 | +29.2% |
| Suppliers | 440/4 | €7,451 | €9,628 | +€2,177 | +29.2% |
| Taxes, remuneration and social security | 45 | €5,131 | €22,000 | +€16,869 | +328.8% |
| Taxes | 450/3 | €5,131 | €22,000 | +€16,869 | +328.8% |
| Turnover | 70 | €69,104 | €139,918 | +€70,814 | +102.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,592 | €119,243 | +€79,651 | +201.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650 | €650 | +€0 | 0.0% |
| Other operating charges | 640/8 | - | €692 | +€692 | |
| Gross operating margin | 9900 | €29,511 | €20,675 | -€8,837 | -29.9% |
| Operating profit (loss) | 9901 | €28,862 | €19,333 | -€9,528 | -33.0% |
| Financial charges | 65/66B | €210 | €1,468 | +€1,258 | +597.8% |
| Recurring financial charges | 65 | €210 | €1,468 | +€1,258 | +597.8% |
| Profit (loss) for the period before taxes | 9903 | €28,651 | €17,865 | -€10,786 | -37.6% |
| Profit (loss) for the period | 9904 | €28,651 | €17,865 | -€10,786 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,651 | €17,865 | -€10,786 | -37.6% |
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 9 October 2026 via checked.be.