KABESA: 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.
KABESA
Largest movements
- Receivables within one year +€969
up €969 (+6.1%), from €15,924 to €16,893
- Cash +€771
up €771 (+7.9%), from €9,733 to €10,504
mainly Accrued charges and deferred income (+€2,503) and Net result for the year (+€1,325)
- Accrued charges and deferred income +€2,503
up €2,503 (+3910.9%), from €64 to €2,567
- Trade debts -€2,285
no longer reported in 2025 (was €2,285)
- Profit (loss) carried forward +€1,325
up €1,325 (+86.5%), from -€1,531 to -€206
- Gross operating margin +€2,284
up €2,284, from -€645 to €1,639
- Depreciation +€405
up €405 (+417.5%), from €97 to €502
- Financial income -€54
down €54 (-5.6%), from €969 to €915
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 | €28,160 | €29,703 | +€1,543 | +5.5% |
| Fixed assets | 21/28 | €1,315 | €1,263 | -€52 | -4.0% |
| Tangible fixed assets | 22/27 | €1,315 | €1,263 | -€52 | -4.0% |
| Furniture and vehicles | 24 | €1,315 | €1,263 | -€52 | -4.0% |
| Current assets | 29/58 | €26,845 | €28,440 | +€1,595 | +5.9% |
| Amounts receivable within one year | 40/41 | €15,924 | €16,893 | +€969 | +6.1% |
| Other amounts receivable | 41 | €15,924 | €16,893 | +€969 | +6.1% |
| Cash at bank and in hand | 54/58 | €9,733 | €10,504 | +€771 | +7.9% |
| Deferred charges and accrued income | 490/1 | €1,188 | €1,043 | -€145 | -12.2% |
| Total equity and liabilities | 10/49 | €28,160 | €29,703 | +€1,543 | +5.5% |
| Equity | 10/15 | €25,811 | €27,136 | +€1,325 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,742 | €8,742 | = | 0.0% |
| Non-distributable reserves | 130/1 | €604 | €604 | = | 0.0% |
| Reserves not available under the articles | 1311 | €604 | €604 | = | 0.0% |
| Distributable reserves | 133 | €8,138 | €8,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,531 | -€206 | +€1,325 | +86.5% |
| Amounts payable | 17/49 | €2,349 | €2,567 | +€218 | +9.3% |
| Amounts payable within one year | 42/48 | €2,285 | - | -€2,285 | |
| Trade debts | 44 | €2,285 | - | -€2,285 | |
| Suppliers | 440/4 | €2,285 | - | -€2,285 | |
| Accrued charges and deferred income | 492/3 | €64 | €2,567 | +€2,503 | +3910.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97 | €502 | +€405 | +417.5% |
| Other operating charges | 640/8 | €573 | €577 | +€4 | +0.7% |
| Gross operating margin | 9900 | -€645 | €1,639 | +€2,284 | |
| Operating profit (loss) | 9901 | -€1,315 | €560 | +€1,875 | |
| Financial income | 75/76B | €969 | €915 | -€54 | -5.6% |
| Recurring financial income | 75 | €969 | €915 | -€54 | -5.6% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€481 | €1,325 | +€1,806 | |
| Profit (loss) for the period | 9904 | -€481 | €1,325 | +€1,806 | |
| Profit (loss) for the period to be appropriated | 9905 | -€481 | €1,325 | +€1,806 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.