K.B.K.: 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.K.
Largest movements
- Cash +€403,600
up €403,600 (+59.1%), from €683,133 to €1.1m
mainly Trade debts (+€315,514) and Receivables within one year (+€80,252)
- Receivables within one year -€80,252
down €80,252 (-55.6%), from €144,264 to €64,012
of which Trade receivables: -€52,474
- Deferred charges and accrued income -€14,449
down €14,449 (-98.4%), from €14,691 to €242
- Trade debts +€315,514
up €315,514 (+38.3%), from €822,755 to €1.1m
- Accrued charges and deferred income -€12,500
no longer reported in 2025 (was €12,500)
- Gross operating margin -€10,423
down €10,423 (-68.1%), from €15,310 to €4,888
- Taxes -€6,306
down €6,306 (-83.6%), from €7,545 to €1,239
- Other operating charges +€288
up €288 (+37.6%), from €767 to €1,055
- Financial income +€240
up €240 (+42.3%), from €567 to €806
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 | €847,784 | €1,156,683 | +€308,899 | +36.4% |
| Current assets | 29/58 | €847,784 | €1,156,683 | +€308,899 | +36.4% |
| Stocks and contracts in progress | 3 | €5,696 | €5,696 | = | 0.0% |
| Stocks | 30/36 | €5,696 | €5,696 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €144,264 | €64,012 | -€80,252 | -55.6% |
| Trade receivables | 40 | €116,486 | €64,012 | -€52,474 | -45.0% |
| Other amounts receivable | 41 | €27,778 | - | -€27,778 | |
| Cash at bank and in hand | 54/58 | €683,133 | €1,086,733 | +€403,600 | +59.1% |
| Deferred charges and accrued income | 490/1 | €14,691 | €242 | -€14,449 | -98.4% |
| Total equity and liabilities | 10/49 | €847,784 | €1,156,683 | +€308,899 | +36.4% |
| Equity | 10/15 | €12,529 | €15,808 | +€3,279 | +26.2% |
| Contributions | 10/11 | €27,881 | €31,599 | +€3,718 | +13.3% |
| Reserves | 13 | €13,587 | €9,868 | -€3,718 | -27.4% |
| Non-distributable reserves | 130/1 | €3,718 | - | -€3,718 | |
| Reserves not available under the articles | 1311 | €3,718 | - | -€3,718 | |
| Distributable reserves | 133 | €9,868 | €9,868 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,939 | -€25,660 | +€3,279 | +11.3% |
| Amounts payable | 17/49 | €835,255 | €1,140,875 | +€305,620 | +36.6% |
| Amounts payable within one year | 42/48 | €822,755 | €1,140,875 | +€318,120 | +38.7% |
| Trade debts | 44 | €822,755 | €1,138,269 | +€315,514 | +38.3% |
| Suppliers | 440/4 | €822,755 | €1,138,269 | +€315,514 | +38.3% |
| Taxes, remuneration and social security | 45 | - | €2,606 | +€2,606 | |
| Taxes | 450/3 | - | €2,606 | +€2,606 | |
| Accrued charges and deferred income | 492/3 | €12,500 | - | -€12,500 | |
| Other operating charges | 640/8 | €767 | €1,055 | +€288 | +37.6% |
| Gross operating margin | 9900 | €15,310 | €4,888 | -€10,423 | -68.1% |
| Operating profit (loss) | 9901 | €14,543 | €3,832 | -€10,711 | -73.6% |
| Financial income | 75/76B | €567 | €806 | +€240 | +42.3% |
| Recurring financial income | 75 | €567 | €806 | +€240 | +42.3% |
| Financial charges | 65/66B | €180 | €121 | -€59 | -32.7% |
| Recurring financial charges | 65 | €180 | €121 | -€59 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €14,931 | €4,518 | -€10,413 | -69.7% |
| Income taxes | 67/77 | €7,545 | €1,239 | -€6,306 | -83.6% |
| Profit (loss) for the period | 9904 | €7,386 | €3,279 | -€4,107 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,386 | €3,279 | -€4,107 | -55.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.