'T Kaffaat: 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.
'T Kaffaat
Largest movements
- Cash -€17,314
down €17,314 (-50.3%), from €34,447 to €17,133
mainly Net result for the year (-€32,367) and Stocks and contracts (-€5,876)
- Receivables within one year -€12,003
down €12,003 (-36.5%), from €32,907 to €20,904
- Stocks and contracts +€5,876
up €5,876 (+149%), from €3,945 to €9,821
- Profit (loss) carried forward -€32,367
down €32,367 (-63.5%), from €50,994 to €18,627
- Trade debts +€8,926
up €8,926 (+693%), from €1,288 to €10,214
- Turnover +€143,729
new in 2024: €143,729
- Purchases and services +€119,290
new in 2024: €119,290
- Gross operating margin -€80,470
down €80,470 (-76.7%), from €104,909 to €24,439
- Taxes +€13,973
up €13,973 (+1,845%), from €757 to €14,730
- Financial charges -€7,395
down €7,395 (-79.7%), from €9,281 to €1,886
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 | €71,300 | €47,858 | -€23,442 | -32.9% |
| Current assets | 29/58 | €71,300 | €47,858 | -€23,442 | -32.9% |
| Stocks and contracts in progress | 3 | €3,945 | €9,821 | +€5,876 | +149% |
| Stocks | 30/36 | €3,945 | €9,821 | +€5,876 | +149% |
| Amounts receivable within one year | 40/41 | €32,907 | €20,904 | -€12,003 | -36.5% |
| Other amounts receivable | 41 | €32,907 | €20,904 | -€12,003 | -36.5% |
| Cash at bank and in hand | 54/58 | €34,447 | €17,133 | -€17,314 | -50.3% |
| Total equity and liabilities | 10/49 | €71,300 | €47,858 | -€23,442 | -32.9% |
| Equity | 10/15 | €70,011 | €37,644 | -€32,367 | -46.2% |
| Contributions | 10/11 | €15,267 | €15,267 | -€0 | 0.0% |
| Reserves | 13 | €3,750 | €3,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,750 | €3,750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,750 | €3,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,994 | €18,627 | -€32,367 | -63.5% |
| Amounts payable | 17/49 | €1,288 | €10,214 | +€8,926 | +693% |
| Amounts payable within one year | 42/48 | €1,288 | €10,214 | +€8,926 | +693% |
| Trade debts | 44 | €1,288 | €10,214 | +€8,926 | +693% |
| Suppliers | 440/4 | €1,288 | €10,214 | +€8,926 | +693% |
| Turnover | 70 | - | €143,729 | +€143,729 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €119,290 | +€119,290 | |
| Remuneration, social security and pensions | 62 | €42,413 | €39,941 | -€2,472 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €866 | - | -€866 | |
| Other operating charges | 640/8 | €7,271 | €249 | -€7,022 | -96.6% |
| Gross operating margin | 9900 | €104,909 | €24,439 | -€80,470 | -76.7% |
| Operating profit (loss) | 9901 | €54,358 | -€15,751 | -€70,109 | |
| Financial charges | 65/66B | €9,281 | €1,886 | -€7,395 | -79.7% |
| Recurring financial charges | 65 | €9,281 | €1,886 | -€7,395 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €45,077 | -€17,637 | -€62,714 | |
| Income taxes | 67/77 | €757 | €14,730 | +€13,973 | +1,845% |
| Profit (loss) for the period | 9904 | €44,320 | -€32,367 | -€76,687 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,320 | -€32,367 | -€76,687 |
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.