KABINET: 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.
KABINET
Largest movements
- Cash -€17,349
down €17,349 (-100%), from €17,349 to €0
mainly Net result for the year (-€62,109) and Trade debts (-€10,424)
- Receivables within one year -€14,241
down €14,241 (-15.9%), from €89,799 to €75,558
of which Trade receivables: -€15,732
- Stocks and contracts -€2,338
down €2,338 (-72.7%), from €3,215 to €877
- Profit (loss) carried forward -€62,109
new in 2025: -€62,109
- Advances received +€30,016
up €30,016 (+664%), from €4,523 to €34,539
- Trade debts -€10,424
down €10,424 (-14.7%), from €71,071 to €60,647
- Short-term financial debts +€8,261
new in 2025: €8,261
- Gross operating margin -€90,838
down €90,838, from €31,525 to -€59,313
- Taxes -€6,008
down €6,008 (-100%), from €6,008 to €0
- Other operating charges +€1,036
up €1,036 (+89.8%), from €1,155 to €2,191
- Financial charges +€703
up €703 (+527%), from €133 to €836
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 | €111,049 | €77,093 | -€33,956 | -30.6% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €111,049 | €77,093 | -€33,956 | -30.6% |
| Stocks and contracts in progress | 3 | €3,215 | €877 | -€2,338 | -72.7% |
| Stocks | 30/36 | €3,215 | €877 | -€2,338 | -72.7% |
| Amounts receivable within one year | 40/41 | €89,799 | €75,558 | -€14,241 | -15.9% |
| Trade receivables | 40 | €72,041 | €56,309 | -€15,732 | -21.8% |
| Other amounts receivable | 41 | €17,759 | €19,249 | +€1,491 | +8.4% |
| Cash at bank and in hand | 54/58 | €17,349 | €0 | -€17,349 | -100% |
| Deferred charges and accrued income | 490/1 | €686 | €658 | -€28 | -4.1% |
| Total equity and liabilities | 10/49 | €111,049 | €77,093 | -€33,956 | -30.6% |
| Equity | 10/15 | €29,447 | -€32,662 | -€62,109 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,447 | €26,447 | = | 0.0% |
| Distributable reserves | 133 | €26,447 | €26,447 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€62,109 | -€62,109 | |
| Amounts payable | 17/49 | €81,602 | €109,755 | +€28,153 | +34.5% |
| Amounts payable within one year | 42/48 | €81,602 | €109,755 | +€28,153 | +34.5% |
| Financial debts | 43 | - | €8,261 | +€8,261 | |
| Credit institutions | 430/8 | - | €8,261 | +€8,261 | |
| Trade debts | 44 | €71,071 | €60,647 | -€10,424 | -14.7% |
| Suppliers | 440/4 | €71,071 | €60,647 | -€10,424 | -14.7% |
| Advances received on contracts in progress | 46 | €4,523 | €34,539 | +€30,016 | +664% |
| Taxes, remuneration and social security | 45 | €6,008 | €6,008 | = | 0.0% |
| Taxes | 450/3 | €6,008 | €6,008 | = | 0.0% |
| Other amounts payable | 47/48 | - | €300 | +€300 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375 | €0 | -€375 | -100% |
| Other operating charges | 640/8 | €1,155 | €2,191 | +€1,036 | +89.8% |
| Gross operating margin | 9900 | €31,525 | -€59,313 | -€90,838 | |
| Operating profit (loss) | 9901 | €29,995 | -€61,503 | -€91,499 | |
| Financial income | 75/76B | €105 | €230 | +€126 | +120% |
| Recurring financial income | 75 | €105 | €230 | +€126 | +120% |
| Financial charges | 65/66B | €133 | €836 | +€703 | +527% |
| Recurring financial charges | 65 | €133 | €836 | +€703 | +527% |
| Profit (loss) for the period before taxes | 9903 | €29,967 | -€62,109 | -€92,076 | |
| Income taxes | 67/77 | €6,008 | €0 | -€6,008 | -100% |
| Profit (loss) for the period | 9904 | €23,958 | -€62,109 | -€86,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,958 | -€62,109 | -€86,067 |
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 15 October 2026 via checked.be.