NEW KUMARI: 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.
NEW KUMARI
Largest movements
- Deferred charges and accrued income -€3,561
no longer reported in 2023 (was €3,561)
- Tangible fixed assets -€2,201
down €2,201 (-29.6%), from €7,444 to €5,243
of which Plant, machinery and equipment: -€1,199
- Receivables within one year -€1,333
down €1,333 (-100%), from €1,333 to €0
of which Other amounts receivable: -€767
- Cash -€324
down €324 (-75.7%), from €428 to €104
mainly Trade debts (-€11,525) and Tax, wage and social debts (-€4,527)
- Other debts +€12,187
up €12,187 (+49.4%), from €24,666 to €36,853
- Trade debts -€11,525
down €11,525 (-63.9%), from €18,049 to €6,524
- Tax, wage and social debts -€4,527
down €4,527 (-86.8%), from €5,214 to €687
of which Taxes: -€3,236
- Profit (loss) carried forward -€3,527
down €3,527 (-5.1%), from -€69,461 to -€72,988
- Turnover -€70,911
no longer reported in 2023 (was €70,911)
- Purchases and services -€64,735
no longer reported in 2023 (was €64,735)
- Staff costs +€14,011
up €14,011 (+7,232%), from €194 to €14,205
- Gross operating margin +€8,507
up €8,507 (+138%), from €6,176 to €14,684
- Financial charges -€1,822
down €1,822 (-92.6%), from €1,967 to €145
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,517 | €6,131 | -€7,386 | -54.6% |
| Fixed assets | 21/28 | €7,444 | €5,243 | -€2,201 | -29.6% |
| Tangible fixed assets | 22/27 | €7,444 | €5,243 | -€2,201 | -29.6% |
| Land and buildings | 22 | €454 | €108 | -€346 | -76.1% |
| Plant, machinery and equipment | 23 | €4,345 | €3,146 | -€1,199 | -27.6% |
| Furniture and vehicles | 24 | €662 | €295 | -€367 | -55.4% |
| Other tangible fixed assets | 26 | €1,982 | €1,693 | -€290 | -14.6% |
| Current assets | 29/58 | €6,073 | €888 | -€5,185 | -85.4% |
| Stocks and contracts in progress | 3 | €752 | €785 | +€32 | +4.3% |
| Stocks | 30/36 | €752 | €785 | +€32 | +4.3% |
| Amounts receivable within one year | 40/41 | €1,333 | €0 | -€1,333 | -100% |
| Trade receivables | 40 | €565 | €0 | -€565 | -100% |
| Other amounts receivable | 41 | €767 | €0 | -€767 | -100% |
| Cash at bank and in hand | 54/58 | €428 | €104 | -€324 | -75.7% |
| Deferred charges and accrued income | 490/1 | €3,561 | - | -€3,561 | |
| Total equity and liabilities | 10/49 | €13,517 | €6,131 | -€7,386 | -54.6% |
| Equity | 10/15 | -€35,626 | -€39,153 | -€3,527 | -9.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,635 | €27,635 | = | 0.0% |
| Non-distributable reserves | 130/1 | €168 | €168 | = | 0.0% |
| Other | 1319 | €168 | €168 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,492 | €25,492 | = | 0.0% |
| Distributable reserves | 133 | €1,975 | €1,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,461 | -€72,988 | -€3,527 | -5.1% |
| Amounts payable | 17/49 | €49,143 | €45,284 | -€3,860 | -7.9% |
| Amounts payable within one year | 42/48 | €49,143 | €45,284 | -€3,860 | -7.9% |
| Financial debts | 43 | €1,214 | €1,219 | +€5 | +0.4% |
| Credit institutions | 430/8 | €1,214 | €1,219 | +€5 | +0.4% |
| Trade debts | 44 | €18,049 | €6,524 | -€11,525 | -63.9% |
| Suppliers | 440/4 | €18,049 | €6,524 | -€11,525 | -63.9% |
| Taxes, remuneration and social security | 45 | €5,214 | €687 | -€4,527 | -86.8% |
| Taxes | 450/3 | €3,924 | €687 | -€3,236 | -82.5% |
| Remuneration and social security | 454/9 | €1,290 | €0 | -€1,290 | -100% |
| Other amounts payable | 47/48 | €24,666 | €36,853 | +€12,187 | +49.4% |
| Turnover | 70 | €70,911 | - | -€70,911 | |
| Goods, raw materials, services and sundry goods | 60/61 | €64,735 | - | -€64,735 | |
| Remuneration, social security and pensions | 62 | €194 | €14,205 | +€14,011 | +7,232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,201 | €2,201 | +€0 | 0.0% |
| Other operating charges | 640/8 | €447 | €1,660 | +€1,212 | +271% |
| Gross operating margin | 9900 | €6,176 | €14,684 | +€8,507 | +138% |
| Operating profit (loss) | 9901 | €3,335 | -€3,382 | -€6,717 | |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €1,967 | €145 | -€1,822 | -92.6% |
| Recurring financial charges | 65 | €1,967 | €145 | -€1,822 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €1,368 | -€3,527 | -€4,894 | |
| Income taxes | 67/77 | €214 | - | -€214 | |
| Profit (loss) for the period | 9904 | €1,154 | -€3,527 | -€4,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,154 | -€3,527 | -€4,680 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.