HANS KRIBBE: 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.
HANS KRIBBE
Largest movements
- Cash +€126,125
up €126,125 (+73.0%), from €172,804 to €298,929
mainly Net result for the year (+€104,079) and Depreciation (+€30,937)
- Tangible fixed assets -€29,300
down €29,300 (-26.5%), from €110,691 to €81,391
of which Land and buildings: -€20,899
- Receivables within one year +€17,869
up €17,869 (+49.9%), from €35,790 to €53,658
of which Trade receivables: +€22,126
- Reserves +€104,075
up €104,075 (+35.5%), from €293,459 to €397,534
- Tax, wage and social debts +€11,828
up €11,828 (+114%), from €10,391 to €22,219
- Gross operating margin +€98,775
up €98,775 (+112%), from €87,921 to €186,696
- Taxes +€30,527
up €30,527 (+160%), from €19,069 to €49,596
- Depreciation +€4,686
up €4,686 (+17.9%), from €26,251 to €30,937
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 | €320,679 | €435,752 | +€115,073 | +35.9% |
| Fixed assets | 21/28 | €110,691 | €81,391 | -€29,300 | -26.5% |
| Tangible fixed assets | 22/27 | €110,691 | €81,391 | -€29,300 | -26.5% |
| Land and buildings | 22 | €67,079 | €46,180 | -€20,899 | -31.2% |
| Plant, machinery and equipment | 23 | €2,177 | €1,947 | -€230 | -10.6% |
| Furniture and vehicles | 24 | €41,436 | €33,264 | -€8,171 | -19.7% |
| Current assets | 29/58 | €209,988 | €354,361 | +€144,373 | +68.8% |
| Amounts receivable within one year | 40/41 | €35,790 | €53,658 | +€17,869 | +49.9% |
| Trade receivables | 40 | €14,211 | €36,337 | +€22,126 | +156% |
| Other amounts receivable | 41 | €21,579 | €17,321 | -€4,257 | -19.7% |
| Cash at bank and in hand | 54/58 | €172,804 | €298,929 | +€126,125 | +73.0% |
| Deferred charges and accrued income | 490/1 | €1,394 | €1,774 | +€379 | +27.2% |
| Total equity and liabilities | 10/49 | €320,679 | €435,752 | +€115,073 | +35.9% |
| Equity | 10/15 | €306,540 | €410,619 | +€104,079 | +34.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €293,459 | €397,534 | +€104,075 | +35.5% |
| Distributable reserves | 133 | €293,459 | €397,534 | +€104,075 | +35.5% |
| Profit (loss) carried forward | 14 | €681 | €685 | +€4 | +0.6% |
| Amounts payable | 17/49 | €14,139 | €25,132 | +€10,994 | +77.8% |
| Amounts payable within one year | 42/48 | €14,139 | €25,132 | +€10,994 | +77.8% |
| Trade debts | 44 | €2,651 | €2,913 | +€262 | +9.9% |
| Suppliers | 440/4 | €2,651 | €2,913 | +€262 | +9.9% |
| Taxes, remuneration and social security | 45 | €10,391 | €22,219 | +€11,828 | +114% |
| Taxes | 450/3 | €10,391 | €22,219 | +€11,828 | +114% |
| Other amounts payable | 47/48 | €1,096 | €0 | -€1,096 | -100% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,251 | €30,937 | +€4,686 | +17.9% |
| Other operating charges | 640/8 | €2,467 | €1,843 | -€625 | -25.3% |
| Gross operating margin | 9900 | €87,921 | €186,696 | +€98,775 | +112% |
| Operating profit (loss) | 9901 | €59,203 | €153,916 | +€94,713 | +160% |
| Financial income | 75/76B | €134 | €140 | +€5 | +4.0% |
| Recurring financial income | 75 | €134 | €140 | +€5 | +4.0% |
| Financial charges | 65/66B | €832 | €381 | -€451 | -54.2% |
| Recurring financial charges | 65 | €832 | €381 | -€451 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €58,505 | €153,675 | +€95,170 | +163% |
| Income taxes | 67/77 | €19,069 | €49,596 | +€30,527 | +160% |
| Profit (loss) for the period | 9904 | €39,436 | €104,079 | +€64,643 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €39,436 | €104,079 | +€64,643 | +164% |
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 26 October 2026 via checked.be.