Kabari: 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.
Kabari
Largest movements
- Receivables within one year +€14,724
up €14,724 (+58.1%), from €25,364 to €40,088
of which Other amounts receivable: +€18,529
- Cash +€7,600
up €7,600 (+99.7%), from €7,622 to €15,222
mainly Net result for the year (+€46,296) and Tax, wage and social debts (+€12,025)
- Reserves +€36,296
up €36,296 (+140.8%), from €25,778 to €62,074
- Debts after one year -€28,713
down €28,713 (-18.0%), from €159,932 to €131,220
- Tax, wage and social debts +€12,025
up €12,025 (+92.2%), from €13,040 to €25,065
- Gross operating margin +€11,074
up €11,074 (+20.5%), from €54,012 to €65,086
- Taxes +€3,882
up €3,882 (+41.9%), from €9,255 to €13,137
- Depreciation -€2,762
down €2,762 (-96.5%), from €2,862 to €100
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.
Cash bridge derived
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 | €243,901 | €266,442 | +€22,541 | +9.2% |
| Fixed assets | 21/28 | €210,915 | €210,814 | -€100 | 0.0% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -100.0% |
| Tangible fixed assets | 22/27 | €914 | €814 | -€100 | -10.9% |
| Other tangible fixed assets | 26 | €914 | €814 | -€100 | -10.9% |
| Financial fixed assets | 28 | €210,000 | €210,000 | = | 0.0% |
| Current assets | 29/58 | €32,986 | €55,628 | +€22,642 | +68.6% |
| Amounts receivable within one year | 40/41 | €25,364 | €40,088 | +€14,724 | +58.1% |
| Trade receivables | 40 | €12,100 | €8,295 | -€3,805 | -31.4% |
| Other amounts receivable | 41 | €13,264 | €31,793 | +€18,529 | +139.7% |
| Cash at bank and in hand | 54/58 | €7,622 | €15,222 | +€7,600 | +99.7% |
| Deferred charges and accrued income | 490/1 | - | €317 | +€317 | |
| Total equity and liabilities | 10/49 | €243,901 | €266,442 | +€22,541 | +9.2% |
| Equity | 10/15 | €29,278 | €65,574 | +€36,296 | +124.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €25,778 | €62,074 | +€36,296 | +140.8% |
| Distributable reserves | 133 | €25,778 | €62,074 | +€36,296 | +140.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €214,623 | €200,868 | -€13,754 | -6.4% |
| Amounts payable after more than one year | 17 | €159,932 | €131,220 | -€28,713 | -18.0% |
| Financial debts | 170/4 | €159,932 | €131,220 | -€28,713 | -18.0% |
| Amounts payable within one year | 42/48 | €54,129 | €68,918 | +€14,790 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €29,978 | €31,060 | +€1,082 | +3.6% |
| Trade debts | 44 | €1,110 | €2,794 | +€1,683 | +151.6% |
| Suppliers | 440/4 | €1,110 | €2,794 | +€1,683 | +151.6% |
| Taxes, remuneration and social security | 45 | €13,040 | €25,065 | +€12,025 | +92.2% |
| Taxes | 450/3 | €13,040 | €25,065 | +€12,025 | +92.2% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €562 | €730 | +€168 | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,862 | €100 | -€2,762 | -96.5% |
| Other operating charges | 640/8 | €598 | €515 | -€83 | -13.9% |
| Gross operating margin | 9900 | €54,012 | €65,086 | +€11,074 | +20.5% |
| Operating profit (loss) | 9901 | €50,552 | €64,471 | +€13,919 | +27.5% |
| Financial income | 75/76B | €752 | €1,243 | +€492 | +65.4% |
| Recurring financial income | 75 | €752 | €1,243 | +€492 | +65.4% |
| Financial charges | 65/66B | €6,270 | €6,282 | +€11 | +0.2% |
| Recurring financial charges | 65 | €6,270 | €6,282 | +€11 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €45,033 | €59,432 | +€14,399 | +32.0% |
| Income taxes | 67/77 | €9,255 | €13,137 | +€3,882 | +41.9% |
| Profit (loss) for the period | 9904 | €35,778 | €46,296 | +€10,518 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,778 | €46,296 | +€10,518 | +29.4% |
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 9 October 2026 via checked.be.