KZ TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year -€11,149
down €11,149 (-9.8%), from €113,983 to €102,834
of which Trade receivables: -€15,000
- Tax, wage and social debts -€11,314
down €11,314 (-36.8%), from €30,755 to €19,441
- Other debts -€10,750
no longer reported in 2024 (was €10,750)
- Reserves +€10,000
up €10,000 (+14.7%), from €68,214 to €78,214
of which Distributable reserves: +€10,000
- Financial charges +€6,384
up €6,384 (+1,218%), from €524 to €6,908
of which Non-recurring financial charges: +€5,214
- Other operating charges +€6,309
up €6,309 (+486%), from €1,299 to €7,607
- Gross operating margin -€6,147
down €6,147 (-15.7%), from €39,209 to €33,062
- Taxes -€4,821
down €4,821 (-36.2%), from €13,321 to €8,500
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 | €116,838 | €105,390 | -€11,448 | -9.8% |
| Current assets | 29/58 | €116,838 | €105,390 | -€11,448 | -9.8% |
| Amounts receivable within one year | 40/41 | €113,983 | €102,834 | -€11,149 | -9.8% |
| Trade receivables | 40 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 41 | €98,983 | €102,834 | +€3,851 | +3.9% |
| Cash at bank and in hand | 54/58 | €2,855 | €2,557 | -€299 | -10.5% |
| Total equity and liabilities | 10/49 | €116,838 | €105,390 | -€11,448 | -9.8% |
| Equity | 10/15 | €75,237 | €85,283 | +€10,046 | +13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,214 | €78,214 | +€10,000 | +14.7% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €66,364 | €76,364 | +€10,000 | +15.1% |
| Profit (loss) carried forward | 14 | €823 | €869 | +€46 | +5.6% |
| Amounts payable | 17/49 | €41,601 | €20,107 | -€21,494 | -51.7% |
| Amounts payable within one year | 42/48 | €41,601 | €20,107 | -€21,494 | -51.7% |
| Trade debts | 44 | €96 | €666 | +€570 | +593% |
| Suppliers | 440/4 | €96 | €666 | +€570 | +593% |
| Taxes, remuneration and social security | 45 | €30,755 | €19,441 | -€11,314 | -36.8% |
| Taxes | 450/3 | €30,755 | €19,441 | -€11,314 | -36.8% |
| Other amounts payable | 47/48 | €10,750 | - | -€10,750 | |
| Other operating charges | 640/8 | €1,299 | €7,607 | +€6,309 | +486% |
| Gross operating margin | 9900 | €39,209 | €33,062 | -€6,147 | -15.7% |
| Operating profit (loss) | 9901 | €37,910 | €25,454 | -€12,456 | -32.9% |
| Financial charges | 65/66B | €524 | €6,908 | +€6,384 | +1,218% |
| Recurring financial charges | 65 | €524 | €1,694 | +€1,170 | +223% |
| Non-recurring financial charges | 66B | - | €5,214 | +€5,214 | |
| Profit (loss) for the period before taxes | 9903 | €37,386 | €18,546 | -€18,839 | -50.4% |
| Income taxes | 67/77 | €13,321 | €8,500 | -€4,821 | -36.2% |
| Profit (loss) for the period | 9904 | €24,065 | €10,046 | -€14,018 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,065 | €10,046 | -€14,018 | -58.3% |
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 16 October 2026 via checked.be.