KRAF: what changed
KRAF
Largest movements
- Receivables within one year +€10,029
up €10,029 (+384%), from €2,609 to €12,638
of which Other amounts receivable: +€11,239
- Stocks and contracts -€2,970
down €2,970 (-13.8%), from €21,549 to €18,579
- Cash +€1,286
up €1,286 (+55.7%), from €2,308 to €3,594
mainly Net result for the year (+€5,418) and Stocks and contracts (+€2,970)
- Profit (loss) carried forward +€5,418
up €5,418 (+33.9%), from €15,993 to €21,411
- Short-term financial debts +€2,512
new in 2023: €2,512
- Tax, wage and social debts +€1,894
up €1,894 (+313%), from €604 to €2,499
- Trade debts -€1,744
down €1,744 (-84.1%), from €2,074 to €330
- Gross operating margin +€7,473
up €7,473 (+136%), from €5,510 to €12,983
- Financial charges +€1,901
up €1,901 (+123%), from €1,550 to €3,451
- Taxes +€1,138
up €1,138 (+342%), from €333 to €1,471
- Other operating charges +€644
up €644 (+33.0%), from €1,950 to €2,593
- Depreciation -€150
down €150 (-75.0%), from €200 to €50
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 | €26,732 | €34,812 | +€8,081 | +30.2% |
| Fixed assets | 21/28 | €50 | - | -€50 | |
| Tangible fixed assets | 22/27 | €50 | - | -€50 | |
| Plant, machinery and equipment | 23 | €50 | - | -€50 | |
| Current assets | 29/58 | €26,682 | €34,812 | +€8,131 | +30.5% |
| Stocks and contracts in progress | 3 | €21,549 | €18,579 | -€2,970 | -13.8% |
| Stocks | 30/36 | €21,549 | €18,579 | -€2,970 | -13.8% |
| Amounts receivable within one year | 40/41 | €2,609 | €12,638 | +€10,029 | +384% |
| Trade receivables | 40 | €1,210 | - | -€1,210 | |
| Other amounts receivable | 41 | €1,399 | €12,638 | +€11,239 | +803% |
| Cash at bank and in hand | 54/58 | €2,308 | €3,594 | +€1,286 | +55.7% |
| Deferred charges and accrued income | 490/1 | €215 | - | -€215 | |
| Total equity and liabilities | 10/49 | €26,732 | €34,812 | +€8,081 | +30.2% |
| Equity | 10/15 | €24,053 | €29,471 | +€5,418 | +22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,993 | €21,411 | +€5,418 | +33.9% |
| Amounts payable | 17/49 | €2,678 | €5,341 | +€2,662 | +99.4% |
| Amounts payable within one year | 42/48 | €2,678 | €5,341 | +€2,662 | +99.4% |
| Financial debts | 43 | - | €2,512 | +€2,512 | |
| Credit institutions | 430/8 | - | €2,512 | +€2,512 | |
| Trade debts | 44 | €2,074 | €330 | -€1,744 | -84.1% |
| Suppliers | 440/4 | €2,074 | €330 | -€1,744 | -84.1% |
| Taxes, remuneration and social security | 45 | €604 | €2,499 | +€1,894 | +313% |
| Taxes | 450/3 | €604 | €2,499 | +€1,894 | +313% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €50 | -€150 | -75.0% |
| Other operating charges | 640/8 | €1,950 | €2,593 | +€644 | +33.0% |
| Gross operating margin | 9900 | €5,510 | €12,983 | +€7,473 | +136% |
| Operating profit (loss) | 9901 | €3,361 | €10,339 | +€6,979 | +208% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,550 | €3,451 | +€1,901 | +123% |
| Recurring financial charges | 65 | €1,550 | €3,451 | +€1,901 | +123% |
| Profit (loss) for the period before taxes | 9903 | €1,811 | €6,889 | +€5,078 | +280% |
| Income taxes | 67/77 | €333 | €1,471 | +€1,138 | +342% |
| Profit (loss) for the period | 9904 | €1,478 | €5,418 | +€3,940 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €1,478 | €5,418 | +€3,940 | +266% |
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 3 November 2026 via checked.be.