SECHO KDV: 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.
SECHO KDV
Largest movements
- Cash -€5,746
down €5,746 (-49.8%), from €11,539 to €5,793
mainly Net result for the year (-€8,950) and Receivables within one year (-€108)
- Tangible fixed assets -€200
down €200 (-26.4%), from €759 to €559
- Profit (loss) carried forward -€8,950
down €8,950 (-165%), from -€5,415 to -€14,365
- Debts within one year +€3,173
up €3,173 (+17.9%), from €17,713 to €20,886
- Staff costs +€8,185
up €8,185 (+13.1%), from €62,333 to €70,518
- Turnover +€6,000
up €6,000 (+8.3%), from €72,000 to €78,000
- Gross operating margin +€3,800
up €3,800 (+6.5%), from €58,279 to €62,079
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 | €12,298 | €6,521 | -€5,777 | -47.0% |
| Fixed assets | 21/28 | €759 | €559 | -€200 | -26.4% |
| Tangible fixed assets | 22/27 | €759 | €559 | -€200 | -26.4% |
| Furniture and vehicles | 24 | €759 | €559 | -€200 | -26.4% |
| Current assets | 29/58 | €11,539 | €5,962 | -€5,577 | -48.3% |
| Amounts receivable within one year | 40/41 | - | €108 | +€108 | |
| Other amounts receivable | 41 | - | €108 | +€108 | |
| Cash at bank and in hand | 54/58 | €11,539 | €5,793 | -€5,746 | -49.8% |
| Deferred charges and accrued income | 490/1 | - | €61 | +€61 | |
| Total equity and liabilities | 10/49 | €12,298 | €6,521 | -€5,777 | -47.0% |
| Equity | 10/15 | -€5,415 | -€14,365 | -€8,950 | -165% |
| Profit (loss) carried forward | 14 | -€5,415 | -€14,365 | -€8,950 | -165% |
| Amounts payable | 17/49 | €17,713 | €20,886 | +€3,173 | +17.9% |
| Amounts payable within one year | 42/48 | €17,713 | €20,886 | +€3,173 | +17.9% |
| Trade debts | 44 | €277 | €550 | +€273 | +98.6% |
| Suppliers | 440/4 | €277 | €550 | +€273 | +98.6% |
| Taxes, remuneration and social security | 45 | €10,553 | €11,172 | +€619 | +5.9% |
| Taxes | 450/3 | €72 | €74 | +€2 | +2.8% |
| Remuneration and social security | 454/9 | €10,481 | €11,098 | +€617 | +5.9% |
| Turnover | 70 | €72,000 | €78,000 | +€6,000 | +8.3% |
| Remuneration, social security and pensions | 62 | €62,333 | €70,518 | +€8,185 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €200 | = | 0.0% |
| Other operating charges | 640/8 | €182 | €300 | +€118 | +64.8% |
| Gross operating margin | 9900 | €58,279 | €62,079 | +€3,800 | +6.5% |
| Operating profit (loss) | 9901 | -€4,436 | -€8,939 | -€4,503 | -102% |
| Financial income | 75/76B | €93 | €41 | -€52 | -55.9% |
| Recurring financial income | 75 | €93 | €41 | -€52 | -55.9% |
| Financial charges | 65/66B | €45 | €52 | +€7 | +15.6% |
| Recurring financial charges | 65 | €45 | €52 | +€7 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,388 | -€8,950 | -€4,562 | -104% |
| Profit (loss) for the period | 9904 | -€4,388 | -€8,950 | -€4,562 | -104% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,388 | -€8,950 | -€4,562 | -104% |
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 18 October 2026 via checked.be.