db Kfé: what changed
Two fiscal 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.
db Kfé
Largest movements
- Stocks and contracts +€16,146
up €16,146 (+37.0%), from €43,658 to €59,805
- Receivables after one year +€15,189
up €15,189 (+105.5%), from €14,400 to €29,589
- Receivables within one year -€11,346
down €11,346 (-18.0%), from €63,089 to €51,743
of which Trade receivables: -€12,286
- Deferred charges and accrued income -€5,096
down €5,096 (-61.2%), from €8,327 to €3,231
- Cash -€2,696
down €2,696 (-60.0%), from €4,490 to €1,794
mainly Trade debts (-€18,799) and Stocks and contracts (-€16,146)
- Short-term financial debts +€18,871
up €18,871 (+65.8%), from €28,681 to €47,552
- Trade debts -€18,799
down €18,799 (-42.4%), from €44,313 to €25,514
- Reserves +€15,700
up €15,700 (+100.0%), from €15,700 to €31,400
- Other debts -€5,805
down €5,805 (-100.0%), from €5,805 to €0
- Tax, wage and social debts +€4,409
up €4,409 (+77.4%), from €5,695 to €10,104
of which Remuneration and social security: +€2,304
- Turnover -€412,362
no longer reported in 2025 (was €412,362)
- Purchases and services -€406,367
no longer reported in 2025 (was €406,367)
- Write-downs -€4,508
down €4,508 (-100.0%), from €4,508 to €0
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,963 | €156,383 | +€14,420 | +10.2% |
| Fixed assets | 21/28 | €7,999 | €10,222 | +€2,223 | +27.8% |
| Tangible fixed assets | 22/27 | €7,899 | €10,122 | +€2,223 | +28.1% |
| Plant, machinery and equipment | 23 | €273 | €0 | -€273 | -100.0% |
| Furniture and vehicles | 24 | €3,026 | €3,229 | +€203 | +6.7% |
| Assets under construction and advance payments | 27 | €4,600 | €6,893 | +€2,293 | +49.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €133,964 | €146,162 | +€12,197 | +9.1% |
| Amounts receivable after more than one year | 29 | €14,400 | €29,589 | +€15,189 | +105.5% |
| Other amounts receivable | 291 | €14,400 | €29,589 | +€15,189 | +105.5% |
| Stocks and contracts in progress | 3 | €43,658 | €59,805 | +€16,146 | +37.0% |
| Stocks | 30/36 | €43,658 | €59,805 | +€16,146 | +37.0% |
| Amounts receivable within one year | 40/41 | €63,089 | €51,743 | -€11,346 | -18.0% |
| Trade receivables | 40 | €63,089 | €50,803 | -€12,286 | -19.5% |
| Other amounts receivable | 41 | - | €940 | +€940 | |
| Cash at bank and in hand | 54/58 | €4,490 | €1,794 | -€2,696 | -60.0% |
| Deferred charges and accrued income | 490/1 | €8,327 | €3,231 | -€5,096 | -61.2% |
| Total equity and liabilities | 10/49 | €141,963 | €156,383 | +€14,420 | +10.2% |
| Equity | 10/15 | €57,470 | €73,214 | +€15,744 | +27.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €15,700 | €31,400 | +€15,700 | +100.0% |
| Distributable reserves | 133 | €15,700 | €31,400 | +€15,700 | +100.0% |
| Profit (loss) carried forward | 14 | €33,710 | €33,754 | +€44 | +0.1% |
| Amounts payable | 17/49 | €84,493 | €83,170 | -€1,323 | -1.6% |
| Amounts payable within one year | 42/48 | €84,493 | €83,170 | -€1,323 | -1.6% |
| Financial debts | 43 | €28,681 | €47,552 | +€18,871 | +65.8% |
| Credit institutions | 430/8 | €28,681 | €47,552 | +€18,871 | +65.8% |
| Trade debts | 44 | €44,313 | €25,514 | -€18,799 | -42.4% |
| Suppliers | 440/4 | €44,313 | €25,514 | -€18,799 | -42.4% |
| Taxes, remuneration and social security | 45 | €5,695 | €10,104 | +€4,409 | +77.4% |
| Taxes | 450/3 | €5,695 | €7,800 | +€2,105 | +37.0% |
| Remuneration and social security | 454/9 | - | €2,304 | +€2,304 | |
| Other amounts payable | 47/48 | €5,805 | €0 | -€5,805 | -100.0% |
| Turnover | 70 | €412,362 | - | -€412,362 | |
| Goods, raw materials, services and sundry goods | 60/61 | €406,367 | - | -€406,367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,934 | €2,103 | +€169 | +8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,508 | €0 | -€4,508 | -100.0% |
| Other operating charges | 640/8 | €1,482 | €4,763 | +€3,281 | +221.4% |
| Gross operating margin | 9900 | €36,118 | €34,508 | -€1,610 | -4.5% |
| Operating profit (loss) | 9901 | €28,194 | €27,643 | -€551 | -2.0% |
| Financial income | 75/76B | €458 | €704 | +€246 | +53.6% |
| Recurring financial income | 75 | €458 | €704 | +€246 | +53.6% |
| Financial charges | 65/66B | €3,672 | €3,516 | -€157 | -4.3% |
| Recurring financial charges | 65 | €3,672 | €3,516 | -€157 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €24,980 | €24,831 | -€149 | -0.6% |
| Income taxes | 67/77 | €9,060 | €9,087 | +€27 | +0.3% |
| Profit (loss) for the period | 9904 | €15,920 | €15,744 | -€176 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,920 | €15,744 | -€176 | -1.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.