K.A.B.S.: 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.
K.A.B.S.
Largest movements
- Cash +€158,071
up €158,071 (+137%), from €115,554 to €273,626
mainly Current investments (+€100,000) and Net result for the year (+€41,749)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year -€32,161
down €32,161 (-42.2%), from €76,273 to €44,111
of which Trade receivables: -€30,055
- Tangible fixed assets -€19,901
down €19,901 (-24.2%), from €82,175 to €62,274
of which Furniture and vehicles: -€18,982
- Reserves +€40,031
up €40,031 (+13.4%), from €298,118 to €338,149
- Tax, wage and social debts -€25,969
down €25,969 (-42.5%), from €61,074 to €35,105
- Trade debts -€5,718
down €5,718 (-84.0%), from €6,811 to €1,093
- Gross operating margin -€42,426
down €42,426 (-35.2%), from €120,689 to €78,264
- Taxes -€15,369
down €15,369 (-43.8%), from €35,105 to €19,736
- Depreciation +€7,216
up €7,216 (+56.9%), from €12,685 to €19,901
- Financial charges -€4,345
down €4,345 (-94.7%), from €4,589 to €244
- Financial income +€3,628
up €3,628 (+989%), from €367 to €3,995
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 | €378,503 | €386,847 | +€8,344 | +2.2% |
| Fixed assets | 21/28 | €82,175 | €62,274 | -€19,901 | -24.2% |
| Tangible fixed assets | 22/27 | €82,175 | €62,274 | -€19,901 | -24.2% |
| Plant, machinery and equipment | 23 | €2,179 | €1,260 | -€919 | -42.2% |
| Furniture and vehicles | 24 | €79,996 | €61,014 | -€18,982 | -23.7% |
| Current assets | 29/58 | €296,328 | €324,573 | +€28,245 | +9.5% |
| Stocks and contracts in progress | 3 | €3,241 | €5,630 | +€2,389 | +73.7% |
| Stocks | 30/36 | €3,241 | €5,630 | +€2,389 | +73.7% |
| Amounts receivable within one year | 40/41 | €76,273 | €44,111 | -€32,161 | -42.2% |
| Trade receivables | 40 | €31,293 | €1,238 | -€30,055 | -96.0% |
| Other amounts receivable | 41 | €44,979 | €42,874 | -€2,106 | -4.7% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €115,554 | €273,626 | +€158,071 | +137% |
| Deferred charges and accrued income | 490/1 | €1,260 | €1,206 | -€54 | -4.3% |
| Total equity and liabilities | 10/49 | €378,503 | €386,847 | +€8,344 | +2.2% |
| Equity | 10/15 | €310,618 | €350,649 | +€40,031 | +12.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €298,118 | €338,149 | +€40,031 | +13.4% |
| Distributable reserves | 133 | €298,118 | €338,149 | +€40,031 | +13.4% |
| Amounts payable | 17/49 | €67,885 | €36,198 | -€31,687 | -46.7% |
| Amounts payable within one year | 42/48 | €67,885 | €36,198 | -€31,687 | -46.7% |
| Trade debts | 44 | €6,811 | €1,093 | -€5,718 | -84.0% |
| Suppliers | 440/4 | €6,811 | €1,093 | -€5,718 | -84.0% |
| Taxes, remuneration and social security | 45 | €61,074 | €35,105 | -€25,969 | -42.5% |
| Taxes | 450/3 | €61,074 | €35,105 | -€25,969 | -42.5% |
| Non-recurring operating income | 76A | €8,500 | - | -€8,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,685 | €19,901 | +€7,216 | +56.9% |
| Other operating charges | 640/8 | €2,259 | €628 | -€1,631 | -72.2% |
| Gross operating margin | 9900 | €120,689 | €78,264 | -€42,426 | -35.2% |
| Operating profit (loss) | 9901 | €105,745 | €57,734 | -€48,011 | -45.4% |
| Financial income | 75/76B | €367 | €3,995 | +€3,628 | +989% |
| Recurring financial income | 75 | €367 | €3,995 | +€3,628 | +989% |
| Financial charges | 65/66B | €4,589 | €244 | -€4,345 | -94.7% |
| Recurring financial charges | 65 | €4,589 | €244 | -€4,345 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | €101,522 | €61,485 | -€40,038 | -39.4% |
| Income taxes | 67/77 | €35,105 | €19,736 | -€15,369 | -43.8% |
| Profit (loss) for the period | 9904 | €66,417 | €41,749 | -€24,668 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,417 | €41,749 | -€24,668 | -37.1% |
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 18 October 2026 via checked.be.