Skip to content

KYJ-TECH: 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

KYJ-TECH

BE 0804.174.144
NACE 43.211, General electrical installation work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2,849
2023 · €27,001-€24,152
Equity
€29,850
2023 · €27,001+€2,849
Cash
€11,649
2023 · €6,124+€5,525
Balance sheet total
€55,557
2023 · €43,975+€11,582

Largest movements

2023 to 2024
Assets
  • Cash +€5,525

    up €5,525 (+90.2%), from €6,124 to €11,649

    mainly Trade debts (+€11,327) and Depreciation (+€6,364)

  • Receivables within one year +€5,358

    up €5,358 (+19.2%), from €27,971 to €33,328

    of which Trade receivables: +€5,738

  • Tangible fixed assets +€699

    up €699 (+7.1%), from €9,881 to €10,580

    of which Furniture and vehicles: +€2,760

Equity and liabilities
  • Trade debts +€11,327

    up €11,327 (+162.4%), from €6,974 to €18,302

  • Profit (loss) carried forward +€2,849

    up €2,849 (+10.6%), from €27,001 to €29,850

  • Tax, wage and social debts -€2,594

    down €2,594 (-25.9%), from €10,000 to €7,406

    of which Remuneration and social security: -€6,000

Income statement
  • Gross operating margin -€10,290

    down €10,290 (-35.7%), from €28,820 to €18,529

  • Taxes +€8,806

    new in 2024: €8,806

  • Depreciation +€4,546

    up €4,546 (+249.9%), from €1,819 to €6,364

  • Other operating charges +€458

    new in 2024: €458

From the 2023 result to the 2024 result

effect on the 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 €27,001
Gross operating margin -€10,290
Depreciation -€4,546
Other operating charges -€458
Financial income +€0
Financial charges -€52
Taxes -€8,806
Result 2024 €2,849

Cash bridge derived

cash 2023 to 2024

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 +€12,589
Investment -€7,063
Financing €0
Cash 2023 €6,124
Net result for the year +€2,849
Depreciation +€6,364
Receivables within one year -€5,358
Trade debts +€11,327
Tax, wage and social debts -€2,594
Investment in fixed assets (net) -€7,063
Cash 2024 €11,649
Every line side by side 32 lines
Line Code 2023 2024 Change %
Total assets 20/58 €43,975 €55,557 +€11,582 +26.3%
Fixed assets 21/28 €9,881 €10,580 +€699 +7.1%
Tangible fixed assets 22/27 €9,881 €10,580 +€699 +7.1%
Plant, machinery and equipment 23 €8,475 €6,414 -€2,061 -24.3%
Furniture and vehicles 24 €1,406 €4,166 +€2,760 +196.2%
Current assets 29/58 €34,094 €44,977 +€10,883 +31.9%
Amounts receivable within one year 40/41 €27,971 €33,328 +€5,358 +19.2%
Trade receivables 40 €21,914 €27,652 +€5,738 +26.2%
Other amounts receivable 41 €6,056 €5,676 -€380 -6.3%
Cash at bank and in hand 54/58 €6,124 €11,649 +€5,525 +90.2%
Total equity and liabilities 10/49 €43,975 €55,557 +€11,582 +26.3%
Equity 10/15 €27,001 €29,850 +€2,849 +10.6%
Profit (loss) carried forward 14 €27,001 €29,850 +€2,849 +10.6%
Amounts payable 17/49 €16,974 €25,707 +€8,733 +51.4%
Amounts payable within one year 42/48 €16,974 €25,707 +€8,733 +51.4%
Trade debts 44 €6,974 €18,302 +€11,327 +162.4%
Suppliers 440/4 €6,974 €18,302 +€11,327 +162.4%
Taxes, remuneration and social security 45 €10,000 €7,406 -€2,594 -25.9%
Taxes 450/3 - €3,406 +€3,406
Remuneration and social security 454/9 €10,000 €4,000 -€6,000 -60.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,819 €6,364 +€4,546 +249.9%
Other operating charges 640/8 - €458 +€458
Gross operating margin 9900 €28,820 €18,529 -€10,290 -35.7%
Operating profit (loss) 9901 €27,001 €11,707 -€15,294 -56.6%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €0 €52 +€52 +260250.0%
Recurring financial charges 65 €0 €52 +€52 +260250.0%
Profit (loss) for the period before taxes 9903 €27,001 €11,655 -€15,346 -56.8%
Income taxes 67/77 - €8,806 +€8,806
Profit (loss) for the period 9904 €27,001 €2,849 -€24,152 -89.4%
Profit (loss) for the period to be appropriated 9905 €27,001 €2,849 -€24,152 -89.4%

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 30 September 2026 via checked.be.