KABASrecruit: 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.
KABASrecruit
Largest movements
- Receivables within one year +€410,804
up €410,804 (+26.1%), from €1.6m to €2.0m
of which Trade receivables: +€573,130
- Cash +€409,680
up €409,680 (+32.3%), from €1.3m to €1.7m
mainly Trade debts (+€410,220) and Net result for the year (+€362,734)
- Current investments +€60,478
up €60,478 (+15.0%), from €404,352 to €464,830
- Trade debts +€410,220
up €410,220 (+38.7%), from €1.1m to €1.5m
- Reserves +€362,734
up €362,734 (+40.7%), from €891,333 to €1.3m
of which Distributable reserves: +€362,734
- Tax, wage and social debts +€142,056
up €142,056 (+129%), from €110,115 to €252,170
of which Taxes: +€111,788
- Staff costs +€178,504
up €178,504 (+28.1%), from €634,225 to €812,728
- Gross operating margin +€143,968
up €143,968 (+11.1%), from €1.3m to €1.4m
- Financial income -€59,474
down €59,474 (-67.8%), from €87,667 to €28,192
- Taxes -€33,057
down €33,057 (-14.9%), from €221,357 to €188,300
- Depreciation +€15,249
up €15,249 (+18.4%), from €82,691 to €97,940
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 | €3,440,008 | €4,335,353 | +€895,345 | +26.0% |
| Fixed assets | 21/28 | €183,927 | €193,190 | +€9,263 | +5.0% |
| Tangible fixed assets | 22/27 | €183,341 | €192,604 | +€9,263 | +5.1% |
| Plant, machinery and equipment | 23 | €2,807 | €1,537 | -€1,270 | -45.2% |
| Furniture and vehicles | 24 | €164,633 | €179,339 | +€14,706 | +8.9% |
| Other tangible fixed assets | 26 | €15,901 | €11,728 | -€4,174 | -26.2% |
| Financial fixed assets | 28 | €586 | €586 | = | 0.0% |
| Current assets | 29/58 | €3,256,081 | €4,142,163 | +€886,082 | +27.2% |
| Amounts receivable within one year | 40/41 | €1,574,121 | €1,984,925 | +€410,804 | +26.1% |
| Trade receivables | 40 | €1,408,391 | €1,981,521 | +€573,130 | +40.7% |
| Other amounts receivable | 41 | €165,731 | €3,404 | -€162,326 | -97.9% |
| Current investments | 50/53 | €404,352 | €464,830 | +€60,478 | +15.0% |
| Cash at bank and in hand | 54/58 | €1,267,252 | €1,676,931 | +€409,680 | +32.3% |
| Deferred charges and accrued income | 490/1 | €10,357 | €15,477 | +€5,120 | +49.4% |
| Total equity and liabilities | 10/49 | €3,440,008 | €4,335,353 | +€895,345 | +26.0% |
| Equity | 10/15 | €2,242,374 | €2,605,108 | +€362,734 | +16.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €891,333 | €1,254,067 | +€362,734 | +40.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €889,473 | €1,252,207 | +€362,734 | +40.8% |
| Profit (loss) carried forward | 14 | €1,332,441 | €1,332,441 | = | 0.0% |
| Amounts payable | 17/49 | €1,197,634 | €1,730,245 | +€532,611 | +44.5% |
| Amounts payable after more than one year | 17 | €7,024 | - | -€7,024 | |
| Financial debts | 170/4 | €7,024 | - | -€7,024 | |
| Amounts payable within one year | 42/48 | €1,190,610 | €1,730,245 | +€539,635 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €19,665 | €7,024 | -€12,642 | -64.3% |
| Trade debts | 44 | €1,060,830 | €1,471,051 | +€410,220 | +38.7% |
| Suppliers | 440/4 | €1,060,830 | €1,471,051 | +€410,220 | +38.7% |
| Taxes, remuneration and social security | 45 | €110,115 | €252,170 | +€142,056 | +129% |
| Taxes | 450/3 | €56,233 | €168,021 | +€111,788 | +199% |
| Remuneration and social security | 454/9 | €53,882 | €84,150 | +€30,268 | +56.2% |
| Remuneration, social security and pensions | 62 | €634,225 | €812,728 | +€178,504 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,691 | €97,940 | +€15,249 | +18.4% |
| Other operating charges | 640/8 | €2,732 | €2,580 | -€153 | -5.6% |
| Gross operating margin | 9900 | €1,294,936 | €1,438,904 | +€143,968 | +11.1% |
| Operating profit (loss) | 9901 | €575,288 | €525,656 | -€49,632 | -8.6% |
| Financial income | 75/76B | €87,667 | €28,192 | -€59,474 | -67.8% |
| Recurring financial income | 75 | €87,667 | €28,192 | -€59,474 | -67.8% |
| Financial charges | 65/66B | €3,125 | €2,814 | -€311 | -10.0% |
| Recurring financial charges | 65 | €3,125 | €2,814 | -€311 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €659,829 | €551,034 | -€108,795 | -16.5% |
| Income taxes | 67/77 | €221,357 | €188,300 | -€33,057 | -14.9% |
| Profit (loss) for the period | 9904 | €438,473 | €362,734 | -€75,739 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €438,473 | €362,734 | -€75,739 | -17.3% |
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 31 October 2026 via checked.be.