KWIK-IMMO: what changed
Two fiscal 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.
What changed
KWIK-IMMO
NACE 96.220, Beauty care and other beauty treatments
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2,599
2023 · €7,970-€5,370
Equity
€254,348
2023 · €252,608+€1,740
Cash
€6,139
2023 · €5,116+€1,023
Balance sheet total
€598,748
2023 · €625,955-€27,206
Largest movements
Assets
- Tangible fixed assets -€22,945
down €22,945 (-4.1%), from €560,541 to €537,597
Equity and liabilities
- Debts after one year -€28,733
down €28,733 (-15.3%), from €187,715 to €158,982
of which Financial debts: -€16,085
- Tax, wage and social debts +€13,361
up €13,361 (+179.3%), from €7,451 to €20,812
Income statement
- Taxes +€2,179
up €2,179 (+33.1%), from €6,588 to €8,767
- Financial charges +€1,988
up €1,988 (+19.6%), from €10,169 to €12,157
- Other operating charges +€1,364
up €1,364 (+23.7%), from €5,744 to €7,108
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.
Result 2023
€7,970
Gross operating margin
-€205
Depreciation
+€314
Other operating charges
-€1,364
Financial income
+€105
Financial charges
-€1,988
Taxes
-€2,179
Deferred taxes and other
-€54
Result 2024
€2,599
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.
From operations
+€33,512
Investment
-€2,897
Financing
-€29,592
Cash 2023
€5,116
From operations (derived)
+€33,512
Net result for the year
+€2,599
Depreciation
+€25,807
Stocks and contracts
+€6
Receivables within one year
+€893
Deferred charges and accrued income
+€4,421
Provisions
-€4,619
Trade debts
-€2,907
Tax, wage and social debts
+€13,361
Other debts
-€3,454
Accrued charges and deferred income
-€2,596
Investment (derived)
-€2,897
Investment in fixed assets (net)
-€2,862
Current investments
-€35
Financing
-€29,592
Debts after one year
-€28,733
Contributions, distributions and other
-€859
Cash 2024
€6,139
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €625,955 | €598,748 | -€27,206 | -4.3% |
| Fixed assets | 21/28 | €561,752 | €538,808 | -€22,945 | -4.1% |
| Tangible fixed assets | 22/27 | €560,541 | €537,597 | -€22,945 | -4.1% |
| Land and buildings | 22 | €560,541 | €537,597 | -€22,945 | -4.1% |
| Financial fixed assets | 28 | €1,211 | €1,211 | = | 0.0% |
| Current assets | 29/58 | €64,202 | €59,941 | -€4,262 | -6.6% |
| Stocks and contracts in progress | 3 | €10,066 | €10,061 | -€6 | -0.1% |
| Stocks | 30/36 | €10,066 | €10,061 | -€6 | -0.1% |
| Amounts receivable within one year | 40/41 | €44,241 | €43,347 | -€893 | -2.0% |
| Trade receivables | 40 | €43,101 | €38,370 | -€4,731 | -11.0% |
| Other amounts receivable | 41 | €1,140 | €4,977 | +€3,837 | +336.6% |
| Current investments | 50/53 | €20 | €54 | +€35 | +176.3% |
| Cash at bank and in hand | 54/58 | €5,116 | €6,139 | +€1,023 | +20.0% |
| Deferred charges and accrued income | 490/1 | €4,760 | €339 | -€4,421 | -92.9% |
| Total equity and liabilities | 10/49 | €625,955 | €598,748 | -€27,206 | -4.3% |
| Equity | 10/15 | €252,608 | €254,348 | +€1,740 | +0.7% |
| Contributions | 10/11 | €99,200 | €99,200 | = | 0.0% |
| Reserves | 13 | €153,408 | €155,148 | +€1,740 | +1.1% |
| Tax-exempt reserves | 132 | €125,431 | €115,363 | -€10,068 | -8.0% |
| Distributable reserves | 133 | €27,977 | €39,785 | +€11,808 | +42.2% |
| Provisions and deferred taxes | 16 | €69,332 | €64,713 | -€4,619 | -6.7% |
| Deferred taxes | 168 | €69,332 | €64,713 | -€4,619 | -6.7% |
| Amounts payable | 17/49 | €304,015 | €279,688 | -€24,328 | -8.0% |
| Amounts payable after more than one year | 17 | €187,715 | €158,982 | -€28,733 | -15.3% |
| Financial debts | 170/4 | €175,068 | €158,982 | -€16,085 | -9.2% |
| Other amounts payable | 178/9 | €12,647 | - | -€12,647 | |
| Amounts payable within one year | 42/48 | €112,230 | €119,230 | +€7,001 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €26,333 | €26,333 | = | 0.0% |
| Trade debts | 44 | €46,621 | €43,714 | -€2,907 | -6.2% |
| Suppliers | 440/4 | €46,621 | €43,714 | -€2,907 | -6.2% |
| Taxes, remuneration and social security | 45 | €7,451 | €20,812 | +€13,361 | +179.3% |
| Taxes | 450/3 | €7,451 | €20,812 | +€13,361 | +179.3% |
| Other amounts payable | 47/48 | €31,824 | €28,371 | -€3,454 | -10.9% |
| Accrued charges and deferred income | 492/3 | €4,071 | €1,475 | -€2,596 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,121 | €25,807 | -€314 | -1.2% |
| Other operating charges | 640/8 | €5,744 | €7,108 | +€1,364 | +23.7% |
| Gross operating margin | 9900 | €51,913 | €51,708 | -€205 | -0.4% |
| Operating profit (loss) | 9901 | €20,048 | €18,794 | -€1,254 | -6.3% |
| Financial income | 75/76B | €5 | €111 | +€105 | +2018.8% |
| Recurring financial income | 75 | €5 | €111 | +€105 | +2018.8% |
| Financial charges | 65/66B | €10,169 | €12,157 | +€1,988 | +19.6% |
| Recurring financial charges | 65 | €10,169 | €12,157 | +€1,988 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €9,884 | €6,747 | -€3,137 | -31.7% |
| Transfer from deferred taxes | 780 | €4,673 | €4,619 | -€54 | -1.2% |
| Income taxes | 67/77 | €6,588 | €8,767 | +€2,179 | +33.1% |
| Profit (loss) for the period | 9904 | €7,970 | €2,599 | -€5,370 | -67.4% |
| Transfer from tax-exempt reserves | 789 | €10,173 | €10,068 | -€105 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,143 | €12,667 | -€5,475 | -30.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.