KAB: 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.
KAB
Largest movements
- Cash +€19,536
up €19,536 (+53.3%), from €36,664 to €56,200
mainly Net result for the year (+€39,783) and Other debts (+€26,909)
- Tangible fixed assets -€8,126
down €8,126 (-2.4%), from €344,665 to €336,539
of which Land and buildings: -€7,820
- Other debts +€26,909
up €26,909 (+56.8%), from €47,398 to €74,307
- Current portion of long-term debt -€15,000
down €15,000 (-58.3%), from €25,714 to €10,714
- Reserves +€12,301
up €12,301 (+9.8%), from €125,777 to €138,078
- Debts after one year -€10,714
down €10,714 (-21.8%), from €49,107 to €38,393
- Depreciation -€11,926
down €11,926 (-48.6%), from €24,562 to €12,636
- Taxes +€4,798
up €4,798 (+34.9%), from €13,767 to €18,565
- Gross operating margin +€3,516
up €3,516 (+4.9%), from €72,230 to €75,745
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 | €381,329 | €392,739 | +€11,410 | +3.0% |
| Fixed assets | 21/28 | €344,665 | €336,539 | -€8,126 | -2.4% |
| Tangible fixed assets | 22/27 | €344,665 | €336,539 | -€8,126 | -2.4% |
| Land and buildings | 22 | €343,759 | €335,938 | -€7,820 | -2.3% |
| Furniture and vehicles | 24 | €906 | €600 | -€306 | -33.7% |
| Current assets | 29/58 | €36,664 | €56,200 | +€19,536 | +53.3% |
| Cash at bank and in hand | 54/58 | €36,664 | €56,200 | +€19,536 | +53.3% |
| Total equity and liabilities | 10/49 | €381,329 | €392,739 | +€11,410 | +3.0% |
| Equity | 10/15 | €249,325 | €261,626 | +€12,301 | +4.9% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Reserves | 13 | €125,777 | €138,078 | +€12,301 | +9.8% |
| Distributable reserves | 133 | €125,777 | €138,078 | +€12,301 | +9.8% |
| Profit (loss) carried forward | 14 | €115,493 | €115,493 | = | 0.0% |
| Amounts payable | 17/49 | €132,004 | €131,113 | -€891 | -0.7% |
| Amounts payable after more than one year | 17 | €49,107 | €38,393 | -€10,714 | -21.8% |
| Financial debts | 170/4 | €49,107 | €38,393 | -€10,714 | -21.8% |
| Amounts payable within one year | 42/48 | €82,897 | €92,720 | +€9,824 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €25,714 | €10,714 | -€15,000 | -58.3% |
| Trade debts | 44 | €556 | €1,907 | +€1,351 | +243% |
| Suppliers | 440/4 | €556 | €1,907 | +€1,351 | +243% |
| Taxes, remuneration and social security | 45 | €9,229 | €5,792 | -€3,437 | -37.2% |
| Taxes | 450/3 | €9,229 | €5,792 | -€3,437 | -37.2% |
| Other amounts payable | 47/48 | €47,398 | €74,307 | +€26,909 | +56.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,562 | €12,636 | -€11,926 | -48.6% |
| Other operating charges | 640/8 | €2,674 | €2,118 | -€556 | -20.8% |
| Gross operating margin | 9900 | €72,230 | €75,745 | +€3,516 | +4.9% |
| Operating profit (loss) | 9901 | €44,993 | €60,991 | +€15,998 | +35.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -59.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -59.0% |
| Financial charges | 65/66B | €2,183 | €2,643 | +€460 | +21.1% |
| Recurring financial charges | 65 | €2,183 | €2,643 | +€460 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €42,811 | €58,348 | +€15,537 | +36.3% |
| Income taxes | 67/77 | €13,767 | €18,565 | +€4,798 | +34.9% |
| Profit (loss) for the period | 9904 | €29,044 | €39,783 | +€10,738 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,044 | €39,783 | +€10,738 | +37.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.