KINGDOM: what changed
KINGDOM
Largest movements
- Receivables within one year -€4,108
down €4,108 (-47.9%), from €8,570 to €4,462
of which Trade receivables: -€3,843
- Cash +€3,661
up €3,661 (+79.0%), from €4,632 to €8,293
mainly Tax, wage and social debts (+€4,562) and Receivables within one year (+€4,108)
- Trade debts -€6,301
down €6,301 (-74.0%), from €8,516 to €2,214
- Tax, wage and social debts +€4,562
up €4,562 (+80.0%), from €5,703 to €10,265
- Profit (loss) carried forward +€1,293
up €1,293 (+64.1%), from -€2,018 to -€725
- Staff costs +€10,141
up €10,141 (+149%), from €6,811 to €16,951
- Gross operating margin +€9,294
up €9,294 (+101%), from €9,247 to €18,542
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,202 | €12,755 | -€447 | -3.4% |
| Current assets | 29/58 | €13,202 | €12,755 | -€447 | -3.4% |
| Amounts receivable within one year | 40/41 | €8,570 | €4,462 | -€4,108 | -47.9% |
| Trade receivables | 40 | €3,843 | - | -€3,843 | |
| Other amounts receivable | 41 | €4,727 | €4,462 | -€265 | -5.6% |
| Cash at bank and in hand | 54/58 | €4,632 | €8,293 | +€3,661 | +79.0% |
| Total equity and liabilities | 10/49 | €13,202 | €12,755 | -€447 | -3.4% |
| Equity | 10/15 | -€1,017 | €276 | +€1,293 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,018 | -€725 | +€1,293 | +64.1% |
| Amounts payable | 17/49 | €14,219 | €12,479 | -€1,740 | -12.2% |
| Amounts payable within one year | 42/48 | €14,219 | €12,479 | -€1,740 | -12.2% |
| Trade debts | 44 | €8,516 | €2,214 | -€6,301 | -74.0% |
| Suppliers | 440/4 | €8,516 | €2,214 | -€6,301 | -74.0% |
| Taxes, remuneration and social security | 45 | €5,703 | €10,265 | +€4,562 | +80.0% |
| Taxes | 450/3 | €5,703 | €10,265 | +€4,562 | +80.0% |
| Remuneration, social security and pensions | 62 | €6,811 | €16,951 | +€10,141 | +149% |
| Other operating charges | 640/8 | €36 | €202 | +€166 | +462% |
| Gross operating margin | 9900 | €9,247 | €18,542 | +€9,294 | +101% |
| Operating profit (loss) | 9901 | €2,401 | €1,389 | -€1,012 | -42.2% |
| Financial charges | 65/66B | €172 | €96 | -€76 | -44.3% |
| Recurring financial charges | 65 | €172 | €96 | -€76 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €2,229 | €1,293 | -€936 | -42.0% |
| Profit (loss) for the period | 9904 | €2,229 | €1,293 | -€936 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,229 | €1,293 | -€936 | -42.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.