KABERG: what changed
Two fiscal 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.
KABERG
Largest movements
- Receivables within one year +€25,423
up €25,423 (+185.3%), from €13,717 to €39,140
of which Trade receivables: +€18,774
- Cash -€11,568
down €11,568 (-62.8%), from €18,418 to €6,850
mainly Receivables within one year (-€25,423) and Trade debts (-€19,276)
- Deferred charges and accrued income +€1,979
new in 2025: €1,979
- Profit (loss) carried forward +€27,980
up €27,980 (+16.9%), from -€165,978 to -€137,997
- Trade debts -€19,276
down €19,276 (-13.0%), from €148,290 to €129,014
- Accrued charges and deferred income +€7,577
new in 2025: €7,577
- Gross operating margin +€23,767
up €23,767 (+90.5%), from €26,259 to €50,026
- Other operating charges +€5,198
up €5,198 (+59.6%), from €8,728 to €13,926
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 | €140,456 | €156,343 | +€15,887 | +11.3% |
| Fixed assets | 21/28 | €108,320 | €108,374 | +€54 | 0.0% |
| Tangible fixed assets | 22/27 | €108,320 | €108,374 | +€54 | 0.0% |
| Land and buildings | 22 | €108,320 | €108,374 | +€54 | 0.0% |
| Current assets | 29/58 | €32,136 | €47,969 | +€15,833 | +49.3% |
| Amounts receivable within one year | 40/41 | €13,717 | €39,140 | +€25,423 | +185.3% |
| Trade receivables | 40 | €12,035 | €30,809 | +€18,774 | +156.0% |
| Other amounts receivable | 41 | €1,683 | €8,332 | +€6,649 | +395.2% |
| Cash at bank and in hand | 54/58 | €18,418 | €6,850 | -€11,568 | -62.8% |
| Deferred charges and accrued income | 490/1 | - | €1,979 | +€1,979 | |
| Total equity and liabilities | 10/49 | €140,456 | €156,343 | +€15,887 | +11.3% |
| Equity | 10/15 | -€106,653 | -€78,673 | +€27,980 | +26.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,724 | €40,724 | = | 0.0% |
| 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 | €38,864 | €38,864 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165,978 | -€137,997 | +€27,980 | +16.9% |
| Amounts payable | 17/49 | €247,110 | €235,016 | -€12,093 | -4.9% |
| Amounts payable after more than one year | 17 | €94,319 | €93,925 | -€394 | -0.4% |
| Financial debts | 170/4 | €25,500 | €21,000 | -€4,500 | -17.6% |
| Other amounts payable | 178/9 | €68,819 | €72,925 | +€4,106 | +6.0% |
| Amounts payable within one year | 42/48 | €152,790 | €133,514 | -€19,276 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €4,500 | €4,500 | = | 0.0% |
| Trade debts | 44 | €148,290 | €129,014 | -€19,276 | -13.0% |
| Suppliers | 440/4 | €148,290 | €129,014 | -€19,276 | -13.0% |
| Accrued charges and deferred income | 492/3 | - | €7,577 | +€7,577 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,382 | €7,709 | +€327 | +4.4% |
| Other operating charges | 640/8 | €8,728 | €13,926 | +€5,198 | +59.6% |
| Gross operating margin | 9900 | €26,259 | €50,026 | +€23,767 | +90.5% |
| Operating profit (loss) | 9901 | €10,150 | €28,391 | +€18,241 | +179.7% |
| Financial charges | 65/66B | €481 | €411 | -€70 | -14.6% |
| Recurring financial charges | 65 | €481 | €411 | -€70 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €9,669 | €27,980 | +€18,311 | +189.4% |
| Profit (loss) for the period | 9904 | €9,669 | €27,980 | +€18,311 | +189.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,669 | €27,980 | +€18,311 | +189.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.