KABI 2: 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.
KABI 2
Largest movements
- Stocks and contracts +€9,514
up €9,514 (+18.4%), from €51,742 to €61,256
- Tangible fixed assets -€1,990
down €1,990 (-33.3%), from €5,970 to €3,980
- Receivables within one year +€1,222
up €1,222 (+54.8%), from €2,229 to €3,452
- Trade debts +€2,987
up €2,987 (+130%), from €2,297 to €5,284
- Other debts +€2,744
up €2,744 (+3.0%), from €92,513 to €95,257
- Profit (loss) carried forward +€2,437
up €2,437 (+9.9%), from -€24,515 to -€22,078
- Gross operating margin +€2,573
up €2,573 (+124%), from €2,083 to €4,657
- Other operating charges +€116
up €116 (+109%), from €106 to €222
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 | €80,189 | €88,357 | +€8,168 | +10.2% |
| Fixed assets | 21/28 | €5,970 | €3,980 | -€1,990 | -33.3% |
| Tangible fixed assets | 22/27 | €5,970 | €3,980 | -€1,990 | -33.3% |
| Furniture and vehicles | 24 | €5,970 | €3,980 | -€1,990 | -33.3% |
| Current assets | 29/58 | €74,219 | €84,377 | +€10,158 | +13.7% |
| Stocks and contracts in progress | 3 | €51,742 | €61,256 | +€9,514 | +18.4% |
| Stocks | 30/36 | €51,742 | €61,256 | +€9,514 | +18.4% |
| Amounts receivable within one year | 40/41 | €2,229 | €3,452 | +€1,222 | +54.8% |
| Other amounts receivable | 41 | €2,229 | €3,452 | +€1,222 | +54.8% |
| Current investments | 50/53 | €5,799 | €5,799 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,449 | €13,871 | -€578 | -4.0% |
| Total equity and liabilities | 10/49 | €80,189 | €88,357 | +€8,168 | +10.2% |
| Equity | 10/15 | -€24,515 | -€22,078 | +€2,437 | +9.9% |
| Profit (loss) carried forward | 14 | -€24,515 | -€22,078 | +€2,437 | +9.9% |
| Amounts payable | 17/49 | €104,704 | €110,436 | +€5,731 | +5.5% |
| Amounts payable within one year | 42/48 | €104,704 | €110,436 | +€5,731 | +5.5% |
| Financial debts | 43 | €6,435 | €6,435 | = | 0.0% |
| Credit institutions | 430/8 | €6,435 | €6,435 | = | 0.0% |
| Trade debts | 44 | €2,297 | €5,284 | +€2,987 | +130% |
| Suppliers | 440/4 | €2,297 | €5,284 | +€2,987 | +130% |
| Taxes, remuneration and social security | 45 | €3,459 | €3,459 | = | 0.0% |
| Taxes | 450/3 | €3,459 | €3,459 | = | 0.0% |
| Other amounts payable | 47/48 | €92,513 | €95,257 | +€2,744 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,990 | €1,990 | = | 0.0% |
| Other operating charges | 640/8 | €106 | €222 | +€116 | +109% |
| Gross operating margin | 9900 | €2,083 | €4,657 | +€2,573 | +124% |
| Operating profit (loss) | 9901 | -€13 | €2,444 | +€2,457 | |
| Financial charges | 65/66B | €29 | €8 | -€22 | -73.5% |
| Recurring financial charges | 65 | €29 | €8 | -€22 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | -€43 | €2,437 | +€2,479 | |
| Profit (loss) for the period | 9904 | -€43 | €2,437 | +€2,479 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43 | €2,437 | +€2,479 |
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 13 October 2026 via checked.be.