DE KABOUTERS: 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.
DE KABOUTERS
Largest movements
- Tangible fixed assets -€14,943
down €14,943 (-6.1%), from €243,788 to €228,845
of which Land and buildings: -€13,175
- Cash +€3,987
up €3,987 (+314%), from €1,271 to €5,258
mainly Depreciation (+€14,943) and Other debts (+€6,911)
- Debts after one year -€18,115
down €18,115 (-8.7%), from €207,567 to €189,452
- Other debts +€6,911
up €6,911 (+276%), from €2,500 to €9,411
- Profit (loss) carried forward -€3,352
new in 2025: -€3,352
- Current portion of long-term debt +€2,517
up €2,517 (+14.8%), from €17,059 to €19,576
- Gross operating margin -€131,149
down €131,149 (-87.8%), from €149,422 to €18,272
- Staff costs -€119,614
no longer reported in 2025 (was €119,614)
- Financial charges -€2,109
down €2,109 (-34.5%), from €6,110 to €4,001
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.
Derived cash bridge
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 | €248,002 | €235,194 | -€12,808 | -5.2% |
| Fixed assets | 21/28 | €243,788 | €228,845 | -€14,943 | -6.1% |
| Tangible fixed assets | 22/27 | €243,788 | €228,845 | -€14,943 | -6.1% |
| Land and buildings | 22 | €238,538 | €225,364 | -€13,175 | -5.5% |
| Furniture and vehicles | 24 | €5,249 | €3,481 | -€1,768 | -33.7% |
| Current assets | 29/58 | €4,214 | €6,349 | +€2,135 | +50.7% |
| Amounts receivable within one year | 40/41 | €2,079 | €310 | -€1,769 | -85.1% |
| Trade receivables | 40 | €2,079 | €310 | -€1,769 | -85.1% |
| Cash at bank and in hand | 54/58 | €1,271 | €5,258 | +€3,987 | +314% |
| Deferred charges and accrued income | 490/1 | €864 | €781 | -€83 | -9.6% |
| Total equity and liabilities | 10/49 | €248,002 | €235,194 | -€12,808 | -5.2% |
| Equity | 10/15 | €19,322 | €15,971 | -€3,352 | -17.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,122 | €13,122 | = | 0.0% |
| Distributable reserves | 133 | €13,122 | €13,122 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,352 | -€3,352 | |
| Amounts payable | 17/49 | €228,680 | €219,224 | -€9,456 | -4.1% |
| Amounts payable after more than one year | 17 | €207,567 | €189,452 | -€18,115 | -8.7% |
| Financial debts | 170/4 | €207,567 | €189,452 | -€18,115 | -8.7% |
| Amounts payable within one year | 42/48 | €21,113 | €29,661 | +€8,548 | +40.5% |
| Current portion of amounts payable after more than one year | 42 | €17,059 | €19,576 | +€2,517 | +14.8% |
| Trade debts | 44 | €537 | €537 | +€1 | +0.1% |
| Suppliers | 440/4 | €537 | €537 | +€1 | +0.1% |
| Taxes, remuneration and social security | 45 | €1,017 | €137 | -€880 | -86.5% |
| Taxes | 450/3 | €1,017 | €137 | -€880 | -86.5% |
| Other amounts payable | 47/48 | €2,500 | €9,411 | +€6,911 | +276% |
| Accrued charges and deferred income | 492/3 | - | €110 | +€110 | |
| Remuneration, social security and pensions | 62 | €119,614 | - | -€119,614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,749 | €14,943 | +€194 | +1.3% |
| Other operating charges | 640/8 | €2,519 | €2,544 | +€25 | +1.0% |
| Gross operating margin | 9900 | €149,422 | €18,272 | -€131,149 | -87.8% |
| Operating profit (loss) | 9901 | €12,540 | €786 | -€11,754 | -93.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -91.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -91.2% |
| Financial charges | 65/66B | €6,110 | €4,001 | -€2,109 | -34.5% |
| Recurring financial charges | 65 | €6,110 | €4,001 | -€2,109 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €6,430 | -€3,214 | -€9,645 | |
| Income taxes | 67/77 | €716 | €137 | -€579 | -80.8% |
| Profit (loss) for the period | 9904 | €5,714 | -€3,352 | -€9,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,714 | -€3,352 | -€9,066 |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.