K.B.: 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.B.
Largest movements
- Receivables within one year +€8,226
up €8,226 (+305%), from €2,698 to €10,924
of which Trade receivables: +€8,924
- Cash -€2,598
down €2,598 (-14.7%), from €17,703 to €15,104
mainly Receivables within one year (-€8,226)
- Trade debts +€2,857
up €2,857 (+3,073%), from €93 to €2,950
- Other debts +€2,249
up €2,249 (+41.2%), from €5,466 to €7,715
- Reserves +€266
up €266 (+2.6%), from €10,385 to €10,651
- Gross operating margin -€3,909
down €3,909 (-79.5%), from €4,918 to €1,008
- Taxes -€665
down €665 (-58.0%), from €1,147 to €482
- Other operating charges -€112
down €112 (-37.7%), from €298 to €186
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 | €20,400 | €26,028 | +€5,628 | +27.6% |
| Current assets | 29/58 | €20,400 | €26,028 | +€5,628 | +27.6% |
| Amounts receivable within one year | 40/41 | €2,698 | €10,924 | +€8,226 | +305% |
| Trade receivables | 40 | €2,000 | €10,924 | +€8,924 | +446% |
| Other amounts receivable | 41 | €698 | - | -€698 | |
| Cash at bank and in hand | 54/58 | €17,703 | €15,104 | -€2,598 | -14.7% |
| Total equity and liabilities | 10/49 | €20,400 | €26,028 | +€5,628 | +27.6% |
| Equity | 10/15 | €12,385 | €12,651 | +€266 | +2.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,385 | €10,651 | +€266 | +2.6% |
| Distributable reserves | 133 | €10,385 | €10,651 | +€266 | +2.6% |
| Amounts payable | 17/49 | €8,015 | €13,377 | +€5,362 | +66.9% |
| Amounts payable within one year | 42/48 | €8,015 | €13,377 | +€5,362 | +66.9% |
| Trade debts | 44 | €93 | €2,950 | +€2,857 | +3,073% |
| Suppliers | 440/4 | €93 | €2,950 | +€2,857 | +3,073% |
| Taxes, remuneration and social security | 45 | €2,457 | €2,712 | +€255 | +10.4% |
| Taxes | 450/3 | €2,457 | €2,712 | +€255 | +10.4% |
| Other amounts payable | 47/48 | €5,466 | €7,715 | +€2,249 | +41.2% |
| Other operating charges | 640/8 | €298 | €186 | -€112 | -37.7% |
| Gross operating margin | 9900 | €4,918 | €1,008 | -€3,909 | -79.5% |
| Operating profit (loss) | 9901 | €4,620 | €823 | -€3,797 | -82.2% |
| Financial charges | 65/66B | €77 | €75 | -€2 | -2.3% |
| Recurring financial charges | 65 | €77 | €75 | -€2 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €4,543 | €748 | -€3,795 | -83.5% |
| Income taxes | 67/77 | €1,147 | €482 | -€665 | -58.0% |
| Profit (loss) for the period | 9904 | €3,396 | €266 | -€3,130 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,396 | €266 | -€3,130 | -92.2% |
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 15 October 2026 via checked.be.