KABEGE: 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.
KABEGE
Largest movements
- Receivables within one year -€11,208
down €11,208 (-24.2%), from €46,295 to €35,086
of which Other amounts receivable: -€8,932
- Cash +€3,336
up €3,336 (+52.9%), from €6,307 to €9,643
mainly Net result for the year (+€47,406) and Other debts (+€19,693)
- Deferred charges and accrued income -€2,202
down €2,202 (-78.5%), from €2,805 to €603
- Profit (loss) carried forward +€47,406
up €47,406 (+49.7%), from -€95,372 to -€47,966
- Debts after one year -€36,501
no longer reported in 2025 (was €36,501)
- Other debts +€19,693
up €19,693 (+33.8%), from €58,178 to €77,871
- Current portion of long-term debt -€19,362
no longer reported in 2025 (was €19,362)
- Reserves -€17,965
no longer reported in 2025 (was €17,965)
- Gross operating margin +€92,865
up €92,865, from -€51,587 to €41,278
- Staff costs -€16,979
no longer reported in 2025 (was €16,979)
- Financial charges -€3,059
down €3,059 (-46.3%), from €6,609 to €3,550
- Financial income -€1,212
down €1,212 (-10.6%), from €11,480 to €10,268
- Other operating charges -€1,012
down €1,012 (-63.2%), from €1,602 to €590
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 | €55,647 | €45,573 | -€10,074 | -18.1% |
| Fixed assets | 21/28 | €240 | €240 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €55,407 | €45,333 | -€10,074 | -18.2% |
| Amounts receivable within one year | 40/41 | €46,295 | €35,086 | -€11,208 | -24.2% |
| Trade receivables | 40 | €21,328 | €19,052 | -€2,276 | -10.7% |
| Other amounts receivable | 41 | €24,967 | €16,035 | -€8,932 | -35.8% |
| Cash at bank and in hand | 54/58 | €6,307 | €9,643 | +€3,336 | +52.9% |
| Deferred charges and accrued income | 490/1 | €2,805 | €603 | -€2,202 | -78.5% |
| Total equity and liabilities | 10/49 | €55,647 | €45,573 | -€10,074 | -18.1% |
| Equity | 10/15 | -€69,347 | -€39,906 | +€29,441 | +42.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €17,965 | - | -€17,965 | |
| Distributable reserves | 133 | €17,965 | - | -€17,965 | |
| Profit (loss) carried forward | 14 | -€95,372 | -€47,966 | +€47,406 | +49.7% |
| Amounts payable | 17/49 | €124,993 | €85,479 | -€39,514 | -31.6% |
| Amounts payable after more than one year | 17 | €36,501 | - | -€36,501 | |
| Financial debts | 170/4 | €36,501 | - | -€36,501 | |
| Amounts payable within one year | 42/48 | €88,492 | €85,479 | -€3,013 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €19,362 | - | -€19,362 | |
| Trade debts | 44 | €10,762 | €6,710 | -€4,052 | -37.7% |
| Suppliers | 440/4 | €10,762 | €6,710 | -€4,052 | -37.7% |
| Taxes, remuneration and social security | 45 | €190 | €898 | +€708 | +372.8% |
| Taxes | 450/3 | €190 | €898 | +€708 | +372.8% |
| Other amounts payable | 47/48 | €58,178 | €77,871 | +€19,693 | +33.8% |
| Non-recurring operating income | 76A | - | €13,235 | +€13,235 | |
| Remuneration, social security and pensions | 62 | €16,979 | - | -€16,979 | |
| Other operating charges | 640/8 | €1,602 | €590 | -€1,012 | -63.2% |
| Gross operating margin | 9900 | -€51,587 | €41,278 | +€92,865 | |
| Operating profit (loss) | 9901 | -€70,169 | €40,688 | +€110,856 | |
| Financial income | 75/76B | €11,480 | €10,268 | -€1,212 | -10.6% |
| Recurring financial income | 75 | €11,480 | €10,268 | -€1,212 | -10.6% |
| Financial charges | 65/66B | €6,609 | €3,550 | -€3,059 | -46.3% |
| Recurring financial charges | 65 | €6,609 | €3,550 | -€3,059 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | -€65,298 | €47,406 | +€112,703 | |
| Income taxes | 67/77 | €79 | - | -€79 | |
| Profit (loss) for the period | 9904 | -€65,377 | €47,406 | +€112,782 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,377 | €47,406 | +€112,782 |
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 9 October 2026 via checked.be.