KABELJAUW & C°: what changed
KABELJAUW & C°
Largest movements
- Tangible fixed assets -€15,672
down €15,672 (-25.8%), from €60,656 to €44,984
of which Leasing and similar rights: -€12,147
- Intangible fixed assets -€10,030
down €10,030 (-12.1%), from €82,592 to €72,563
- Cash -€5,858
down €5,858 (-37.1%), from €15,784 to €9,926
mainly Other debts (-€21,771) and Debts after one year (-€19,754)
- Receivables within one year -€4,991
down €4,991 (-86.9%), from €5,746 to €754
of which Other amounts receivable: -€5,103
- Other debts -€21,771
down €21,771 (-53.7%), from €40,505 to €18,734
- Debts after one year -€19,754
down €19,754 (-22.8%), from €86,748 to €66,994
- Trade debts -€19,542
down €19,542 (-74.0%), from €26,418 to €6,875
- Profit (loss) carried forward +€17,479
up €17,479, from -€3,950 to €13,529
- Tax, wage and social debts +€5,368
new in 2025: €5,368
- Gross operating margin +€54,116
up €54,116 (+1,254%), from €4,317 to €58,433
- Depreciation +€20,757
up €20,757 (+358%), from €5,805 to €26,561
- Other operating charges +€4,771
up €4,771 (+1,880%), from €254 to €5,025
- Taxes +€4,298
new in 2025: €4,298
- Financial charges +€2,028
up €2,028 (+91.8%), from €2,209 to €4,237
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,039 | €133,273 | -€37,766 | -22.1% |
| Formation expenses | 20 | €860 | €0 | -€860 | -100% |
| Fixed assets | 21/28 | €143,248 | €117,547 | -€25,702 | -17.9% |
| Intangible fixed assets | 21 | €82,592 | €72,563 | -€10,030 | -12.1% |
| Tangible fixed assets | 22/27 | €60,656 | €44,984 | -€15,672 | -25.8% |
| Plant, machinery and equipment | 23 | €13,898 | €10,373 | -€3,525 | -25.4% |
| Leasing and similar rights | 25 | €46,758 | €34,611 | -€12,147 | -26.0% |
| Current assets | 29/58 | €26,931 | €15,727 | -€11,205 | -41.6% |
| Stocks and contracts in progress | 3 | €5,256 | €4,890 | -€366 | -7.0% |
| Stocks | 30/36 | €5,256 | €4,890 | -€366 | -7.0% |
| Amounts receivable within one year | 40/41 | €5,746 | €754 | -€4,991 | -86.9% |
| Trade receivables | 40 | - | €111 | +€111 | |
| Other amounts receivable | 41 | €5,746 | €643 | -€5,103 | -88.8% |
| Cash at bank and in hand | 54/58 | €15,784 | €9,926 | -€5,858 | -37.1% |
| Deferred charges and accrued income | 490/1 | €145 | €156 | +€11 | +7.5% |
| Total equity and liabilities | 10/49 | €171,039 | €133,273 | -€37,766 | -22.1% |
| Equity | 10/15 | -€950 | €16,529 | +€17,479 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,950 | €13,529 | +€17,479 | |
| Amounts payable | 17/49 | €171,989 | €116,745 | -€55,245 | -32.1% |
| Amounts payable after more than one year | 17 | €86,748 | €66,994 | -€19,754 | -22.8% |
| Financial debts | 170/4 | €86,748 | €66,994 | -€19,754 | -22.8% |
| Amounts payable within one year | 42/48 | €85,242 | €49,750 | -€35,491 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €18,319 | €18,773 | +€454 | +2.5% |
| Trade debts | 44 | €26,418 | €6,875 | -€19,542 | -74.0% |
| Suppliers | 440/4 | €26,418 | €6,875 | -€19,542 | -74.0% |
| Taxes, remuneration and social security | 45 | - | €5,368 | +€5,368 | |
| Taxes | 450/3 | - | €5,368 | +€5,368 | |
| Other amounts payable | 47/48 | €40,505 | €18,734 | -€21,771 | -53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,805 | €26,561 | +€20,757 | +358% |
| Other operating charges | 640/8 | €254 | €5,025 | +€4,771 | +1,880% |
| Gross operating margin | 9900 | €4,317 | €58,433 | +€54,116 | +1,254% |
| Operating profit (loss) | 9901 | -€1,742 | €26,847 | +€28,589 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €2,209 | €4,237 | +€2,028 | +91.8% |
| Recurring financial charges | 65 | €2,209 | €4,237 | +€2,028 | +91.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,950 | €22,610 | +€26,560 | |
| Income taxes | 67/77 | - | €4,298 | +€4,298 | |
| Profit (loss) for the period | 9904 | -€3,950 | €18,312 | +€22,262 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,950 | €18,312 | +€22,262 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.