KABEEL: 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.
KABEEL
Largest movements
- Receivables within one year +€128,534
up €128,534 (+491%), from €26,161 to €154,695
of which Other amounts receivable: +€146,200
- Tangible fixed assets -€28,544
down €28,544 (-6.7%), from €423,689 to €395,145
of which Land and buildings: -€28,437
- Cash +€12,061
up €12,061 (+7.3%), from €164,208 to €176,269
mainly Net result for the year (+€121,723) and Depreciation (+€28,544)
- Reserves +€109,500
up €109,500 (+37.7%), from €290,800 to €400,300
- Other debts +€12,589
up €12,589 (+7.9%), from €159,784 to €172,372
- Gross operating margin -€5,422
down €5,422 (-2.5%), from €216,841 to €211,419
- Taxes -€3,694
down €3,694 (-6.8%), from €54,204 to €50,510
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 | €615,883 | €727,456 | +€111,574 | +18.1% |
| Fixed assets | 21/28 | €423,734 | €395,190 | -€28,544 | -6.7% |
| Tangible fixed assets | 22/27 | €423,689 | €395,145 | -€28,544 | -6.7% |
| Land and buildings | 22 | €422,087 | €393,650 | -€28,437 | -6.7% |
| Furniture and vehicles | 24 | €1,602 | €1,495 | -€107 | -6.7% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €192,149 | €332,266 | +€140,118 | +72.9% |
| Amounts receivable within one year | 40/41 | €26,161 | €154,695 | +€128,534 | +491% |
| Trade receivables | 40 | €26,136 | €8,471 | -€17,665 | -67.6% |
| Other amounts receivable | 41 | €25 | €146,225 | +€146,200 | +588,329% |
| Cash at bank and in hand | 54/58 | €164,208 | €176,269 | +€12,061 | +7.3% |
| Deferred charges and accrued income | 490/1 | €1,780 | €1,302 | -€478 | -26.8% |
| Total equity and liabilities | 10/49 | €615,883 | €727,456 | +€111,574 | +18.1% |
| Equity | 10/15 | €414,999 | €526,222 | +€111,223 | +26.8% |
| Contributions | 10/11 | €78,000 | €78,000 | = | 0.0% |
| Reserves | 13 | €290,800 | €400,300 | +€109,500 | +37.7% |
| Distributable reserves | 133 | €290,800 | €400,300 | +€109,500 | +37.7% |
| Profit (loss) carried forward | 14 | €46,199 | €47,922 | +€1,723 | +3.7% |
| Amounts payable | 17/49 | €200,883 | €201,234 | +€351 | +0.2% |
| Amounts payable within one year | 42/48 | €188,567 | €194,945 | +€6,378 | +3.4% |
| Trade debts | 44 | €1,110 | €0 | -€1,110 | -100% |
| Suppliers | 440/4 | €1,110 | €0 | -€1,110 | -100% |
| Taxes, remuneration and social security | 45 | €27,674 | €22,573 | -€5,101 | -18.4% |
| Taxes | 450/3 | €25,076 | €19,975 | -€5,101 | -20.3% |
| Remuneration and social security | 454/9 | €2,598 | €2,598 | = | 0.0% |
| Other amounts payable | 47/48 | €159,784 | €172,372 | +€12,589 | +7.9% |
| Accrued charges and deferred income | 492/3 | €12,317 | €6,289 | -€6,027 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,603 | €28,544 | -€1,059 | -3.6% |
| Other operating charges | 640/8 | €5,636 | €6,064 | +€428 | +7.6% |
| Gross operating margin | 9900 | €216,841 | €211,419 | -€5,422 | -2.5% |
| Operating profit (loss) | 9901 | €181,603 | €176,811 | -€4,792 | -2.6% |
| Financial income | 75/76B | €116 | €1,954 | +€1,838 | +1,584% |
| Recurring financial income | 75 | €116 | €1,954 | +€1,838 | +1,584% |
| Financial charges | 65/66B | €6,509 | €6,532 | +€24 | +0.4% |
| Recurring financial charges | 65 | €6,509 | €6,532 | +€24 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €175,210 | €172,233 | -€2,977 | -1.7% |
| Income taxes | 67/77 | €54,204 | €50,510 | -€3,694 | -6.8% |
| Profit (loss) for the period | 9904 | €121,006 | €121,723 | +€716 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €121,006 | €121,723 | +€716 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.