KZ CONCEPT: 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.
KZ CONCEPT
Largest movements
- Receivables within one year +€5,092
up €5,092 (+14.9%), from €34,154 to €39,246
of which Trade receivables: +€15,365
- Tangible fixed assets -€3,945
down €3,945 (-28.4%), from €13,871 to €9,926
- Cash +€3,640
up €3,640 (+82.0%), from €4,438 to €8,077
mainly Net result for the year (+€11,838) and Depreciation (+€7,287)
- Profit (loss) carried forward +€11,838
up €11,838 (+33.0%), from €35,894 to €47,732
- Trade debts -€5,754
down €5,754 (-77.3%), from €7,440 to €1,686
- Tax, wage and social debts -€2,668
down €2,668 (-47.1%), from €5,662 to €2,995
- Other debts +€1,039
up €1,039 (+58.4%), from €1,778 to €2,817
- Gross operating margin +€12,301
up €12,301 (+114%), from €10,785 to €23,086
- Depreciation +€4,909
up €4,909 (+206%), from €2,379 to €7,287
- Taxes +€1,399
up €1,399 (+87.7%), from €1,596 to €2,995
- Other operating charges +€492
up €492 (+221%), from €223 to €716
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 | €53,275 | €57,730 | +€4,455 | +8.4% |
| Fixed assets | 21/28 | €13,871 | €9,926 | -€3,945 | -28.4% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €13,871 | €9,926 | -€3,945 | -28.4% |
| Plant, machinery and equipment | 23 | €13,871 | €9,926 | -€3,945 | -28.4% |
| Current assets | 29/58 | €39,404 | €47,805 | +€8,401 | +21.3% |
| Amounts receivable within one year | 40/41 | €34,154 | €39,246 | +€5,092 | +14.9% |
| Trade receivables | 40 | €12,498 | €27,863 | +€15,365 | +123% |
| Other amounts receivable | 41 | €21,656 | €11,383 | -€10,273 | -47.4% |
| Cash at bank and in hand | 54/58 | €4,438 | €8,077 | +€3,640 | +82.0% |
| Deferred charges and accrued income | 490/1 | €812 | €481 | -€331 | -40.7% |
| Total equity and liabilities | 10/49 | €53,275 | €57,730 | +€4,455 | +8.4% |
| Equity | 10/15 | €38,394 | €50,232 | +€11,838 | +30.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,894 | €47,732 | +€11,838 | +33.0% |
| Amounts payable | 17/49 | €14,881 | €7,498 | -€7,383 | -49.6% |
| Amounts payable within one year | 42/48 | €14,881 | €7,498 | -€7,383 | -49.6% |
| Trade debts | 44 | €7,440 | €1,686 | -€5,754 | -77.3% |
| Suppliers | 440/4 | €7,440 | €1,686 | -€5,754 | -77.3% |
| Taxes, remuneration and social security | 45 | €5,662 | €2,995 | -€2,668 | -47.1% |
| Taxes | 450/3 | €5,662 | €2,995 | -€2,668 | -47.1% |
| Other amounts payable | 47/48 | €1,778 | €2,817 | +€1,039 | +58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,379 | €7,287 | +€4,909 | +206% |
| Other operating charges | 640/8 | €223 | €716 | +€492 | +221% |
| Gross operating margin | 9900 | €10,785 | €23,086 | +€12,301 | +114% |
| Operating profit (loss) | 9901 | €8,183 | €15,083 | +€6,900 | +84.3% |
| Financial income | 75/76B | €43 | €4 | -€40 | -91.8% |
| Recurring financial income | 75 | €43 | €4 | -€40 | -91.8% |
| Financial charges | 65/66B | €248 | €254 | +€6 | +2.4% |
| Recurring financial charges | 65 | €248 | €254 | +€6 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €7,978 | €14,833 | +€6,854 | +85.9% |
| Income taxes | 67/77 | €1,596 | €2,995 | +€1,399 | +87.7% |
| Profit (loss) for the period | 9904 | €6,383 | €11,838 | +€5,456 | +85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,383 | €11,838 | +€5,456 | +85.5% |
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 14 October 2026 via checked.be.