GROUPKAB: 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.
GROUPKAB
Largest movements
- Tangible fixed assets +€6,223
up €6,223 (+16.9%), from €36,805 to €43,028
of which Furniture and vehicles: +€7,264
- Financial fixed assets +€5,135
up €5,135 (+25.8%), from €19,905 to €25,040
- Cash +€4,142
up €4,142 (+38.0%), from €10,892 to €15,034
mainly Depreciation (+€13,777) and Net result for the year (+€11,392)
- Receivables within one year +€1,950
up €1,950 (+3.7%), from €52,465 to €54,416
- Profit (loss) carried forward +€11,392
up €11,392 (+203.3%), from €5,605 to €16,997
- Debts after one year +€6,660
new in 2025: €6,660
- Current portion of long-term debt +€6,340
new in 2025: €6,340
- Trade debts -€3,024
down €3,024 (-17.4%), from €17,339 to €14,314
- Other debts -€2,300
down €2,300 (-4.1%), from €56,650 to €54,349
- Purchases and services +€128,638
up €128,638 (+114.4%), from €112,453 to €241,090
- Turnover +€105,426
up €105,426 (+36.0%), from €292,918 to €398,344
- Staff costs +€29,366
up €29,366 (+37.2%), from €78,855 to €108,221
- Gross operating margin +€22,706
up €22,706 (+16.1%), from €140,931 to €163,637
- Other operating charges +€7,842
up €7,842 (+46.2%), from €16,956 to €24,798
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 | €120,067 | €137,518 | +€17,451 | +14.5% |
| Fixed assets | 21/28 | €56,710 | €68,068 | +€11,358 | +20.0% |
| Tangible fixed assets | 22/27 | €36,805 | €43,028 | +€6,223 | +16.9% |
| Plant, machinery and equipment | 23 | €4,544 | €3,504 | -€1,040 | -22.9% |
| Furniture and vehicles | 24 | €32,261 | €39,524 | +€7,264 | +22.5% |
| Financial fixed assets | 28 | €19,905 | €25,040 | +€5,135 | +25.8% |
| Current assets | 29/58 | €63,357 | €69,450 | +€6,093 | +9.6% |
| Amounts receivable within one year | 40/41 | €52,465 | €54,416 | +€1,950 | +3.7% |
| Trade receivables | 40 | €52,465 | €54,416 | +€1,950 | +3.7% |
| Cash at bank and in hand | 54/58 | €10,892 | €15,034 | +€4,142 | +38.0% |
| Total equity and liabilities | 10/49 | €120,067 | €137,518 | +€17,451 | +14.5% |
| Equity | 10/15 | €14,605 | €25,997 | +€11,392 | +78.0% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,605 | €16,997 | +€11,392 | +203.3% |
| Amounts payable | 17/49 | €105,462 | €111,521 | +€6,059 | +5.7% |
| Amounts payable after more than one year | 17 | - | €6,660 | +€6,660 | |
| Financial debts | 170/4 | - | €6,660 | +€6,660 | |
| Amounts payable within one year | 42/48 | €105,462 | €104,860 | -€602 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,340 | +€6,340 | |
| Trade debts | 44 | €17,339 | €14,314 | -€3,024 | -17.4% |
| Suppliers | 440/4 | €17,339 | €14,314 | -€3,024 | -17.4% |
| Taxes, remuneration and social security | 45 | €31,474 | €29,858 | -€1,617 | -5.1% |
| Taxes | 450/3 | €13,950 | €13,670 | -€280 | -2.0% |
| Remuneration and social security | 454/9 | €17,525 | €16,188 | -€1,337 | -7.6% |
| Other amounts payable | 47/48 | €56,650 | €54,349 | -€2,300 | -4.1% |
| Turnover | 70 | €292,918 | €398,344 | +€105,426 | +36.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €112,453 | €241,090 | +€128,638 | +114.4% |
| Remuneration, social security and pensions | 62 | €78,855 | €108,221 | +€29,366 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,446 | €13,777 | +€6,331 | +85.0% |
| Other operating charges | 640/8 | €16,956 | €24,798 | +€7,842 | +46.2% |
| Gross operating margin | 9900 | €140,931 | €163,637 | +€22,706 | +16.1% |
| Operating profit (loss) | 9901 | €37,674 | €16,842 | -€20,832 | -55.3% |
| Financial income | 75/76B | €14 | €1 | -€13 | -91.3% |
| Recurring financial income | 75 | €14 | €1 | -€13 | -91.3% |
| Financial charges | 65/66B | €5,043 | €5,451 | +€408 | +8.1% |
| Recurring financial charges | 65 | €5,043 | €5,451 | +€408 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €32,645 | €11,392 | -€21,253 | -65.1% |
| Profit (loss) for the period | 9904 | €32,645 | €11,392 | -€21,253 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,645 | €11,392 | -€21,253 | -65.1% |
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 8 October 2026 via checked.be.