KABERO: 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.
KABERO
Largest movements
- Receivables within one year +€33,227
up €33,227 (+31.8%), from €104,537 to €137,763
- Current investments -€30,059
down €30,059 (-100%), from €30,059 to €0
- Cash +€16,561
up €16,561 (+113%), from €14,604 to €31,164
mainly Net result for the year (+€43,123) and Current investments (+€30,059)
- Reserves +€43,123
up €43,123 (+6.0%), from €718,649 to €761,772
of which Distributable reserves: +€43,123
- Debts after one year -€25,411
down €25,411 (-16.3%), from €155,786 to €130,375
- Gross operating margin -€1,718
down €1,718 (-2.8%), from €60,496 to €58,778
- Financial income +€1,456
up €1,456 (+28.5%), from €5,099 to €6,555
- Financial charges -€954
down €954 (-12.3%), from €7,748 to €6,794
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 | €1,011,530 | €1,031,259 | +€19,729 | +2.0% |
| Fixed assets | 21/28 | €862,331 | €862,331 | = | 0.0% |
| Tangible fixed assets | 22/27 | €862,331 | €862,331 | = | 0.0% |
| Land and buildings | 22 | €524,383 | €524,383 | = | 0.0% |
| Other tangible fixed assets | 26 | €337,948 | €337,948 | = | 0.0% |
| Current assets | 29/58 | €149,199 | €168,928 | +€19,729 | +13.2% |
| Amounts receivable within one year | 40/41 | €104,537 | €137,763 | +€33,227 | +31.8% |
| Other amounts receivable | 41 | €104,537 | €137,763 | +€33,227 | +31.8% |
| Current investments | 50/53 | €30,059 | €0 | -€30,059 | -100% |
| Cash at bank and in hand | 54/58 | €14,604 | €31,164 | +€16,561 | +113% |
| Total equity and liabilities | 10/49 | €1,011,530 | €1,031,259 | +€19,729 | +2.0% |
| Equity | 10/15 | €830,201 | €873,324 | +€43,123 | +5.2% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €718,649 | €761,772 | +€43,123 | +6.0% |
| Non-distributable reserves | 130/1 | €11,155 | €11,155 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,155 | €11,155 | = | 0.0% |
| Distributable reserves | 133 | €707,493 | €750,617 | +€43,123 | +6.1% |
| Amounts payable | 17/49 | €181,330 | €157,935 | -€23,395 | -12.9% |
| Amounts payable after more than one year | 17 | €155,786 | €130,375 | -€25,411 | -16.3% |
| Other amounts payable | 178/9 | €155,786 | €130,375 | -€25,411 | -16.3% |
| Amounts payable within one year | 42/48 | €25,543 | €27,560 | +€2,016 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €24,416 | €25,411 | +€995 | +4.1% |
| Trade debts | 44 | - | €799 | +€799 | |
| Suppliers | 440/4 | - | €799 | +€799 | |
| Taxes, remuneration and social security | 45 | €1,127 | €1,350 | +€223 | +19.8% |
| Taxes | 450/3 | €1,127 | €1,350 | +€223 | +19.8% |
| Other operating charges | 640/8 | €1,208 | €1,040 | -€167 | -13.9% |
| Gross operating margin | 9900 | €60,496 | €58,778 | -€1,718 | -2.8% |
| Operating profit (loss) | 9901 | €59,289 | €57,738 | -€1,551 | -2.6% |
| Financial income | 75/76B | €5,099 | €6,555 | +€1,456 | +28.5% |
| Recurring financial income | 75 | €5,099 | €6,555 | +€1,456 | +28.5% |
| Financial charges | 65/66B | €7,748 | €6,794 | -€954 | -12.3% |
| Recurring financial charges | 65 | €7,748 | €6,794 | -€954 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €56,640 | €57,499 | +€859 | +1.5% |
| Income taxes | 67/77 | €14,160 | €14,376 | +€216 | +1.5% |
| Profit (loss) for the period | 9904 | €42,480 | €43,123 | +€643 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,480 | €43,123 | +€643 | +1.5% |
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 17 October 2026 via checked.be.