KB adcon: 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.
KB adcon
Largest movements
- Tangible fixed assets -€5,776
down €5,776 (-25.3%), from €22,786 to €17,011
- Cash +€2,751
up €2,751 (+12.0%), from €22,848 to €25,599
mainly Depreciation (+€7,979) and Tax, wage and social debts (+€608)
- Receivables within one year +€2,414
up €2,414 (+53.4%), from €4,525 to €6,940
of which Other amounts receivable: +€1,710
- Other debts -€901
down €901 (-2.2%), from €40,253 to €39,352
- Tax, wage and social debts +€608
up €608 (+58.0%), from €1,048 to €1,657
- Gross operating margin -€2,415
down €2,415 (-22.7%), from €10,649 to €8,233
- Depreciation +€1,178
up €1,178 (+17.3%), from €6,801 to €7,979
- Taxes -€826
down €826 (-74.0%), from €1,116 to €290
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 | €50,291 | €49,701 | -€591 | -1.2% |
| Fixed assets | 21/28 | €22,786 | €17,011 | -€5,776 | -25.3% |
| Tangible fixed assets | 22/27 | €22,786 | €17,011 | -€5,776 | -25.3% |
| Furniture and vehicles | 24 | €22,786 | €17,011 | -€5,776 | -25.3% |
| Current assets | 29/58 | €27,505 | €32,690 | +€5,185 | +18.9% |
| Amounts receivable within one year | 40/41 | €4,525 | €6,940 | +€2,414 | +53.4% |
| Trade receivables | 40 | €4,525 | €5,229 | +€704 | +15.6% |
| Other amounts receivable | 41 | - | €1,710 | +€1,710 | |
| Cash at bank and in hand | 54/58 | €22,848 | €25,599 | +€2,751 | +12.0% |
| Deferred charges and accrued income | 490/1 | €132 | €152 | +€20 | +14.9% |
| Total equity and liabilities | 10/49 | €50,291 | €49,701 | -€591 | -1.2% |
| Equity | 10/15 | €8,121 | €7,982 | -€139 | -1.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,121 | €4,982 | -€139 | -2.7% |
| Amounts payable | 17/49 | €42,171 | €41,719 | -€452 | -1.1% |
| Amounts payable within one year | 42/48 | €42,171 | €41,719 | -€452 | -1.1% |
| Trade debts | 44 | €869 | €711 | -€159 | -18.2% |
| Suppliers | 440/4 | €869 | €711 | -€159 | -18.2% |
| Taxes, remuneration and social security | 45 | €1,048 | €1,657 | +€608 | +58.0% |
| Taxes | 450/3 | €1,048 | €1,657 | +€608 | +58.0% |
| Other amounts payable | 47/48 | €40,253 | €39,352 | -€901 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,801 | €7,979 | +€1,178 | +17.3% |
| Other operating charges | 640/8 | €63 | €63 | +€0 | +0.5% |
| Gross operating margin | 9900 | €10,649 | €8,233 | -€2,415 | -22.7% |
| Operating profit (loss) | 9901 | €3,784 | €191 | -€3,593 | -95.0% |
| Financial charges | 65/66B | €54 | €40 | -€14 | -25.8% |
| Recurring financial charges | 65 | €54 | €40 | -€14 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €3,730 | €151 | -€3,579 | -96.0% |
| Income taxes | 67/77 | €1,116 | €290 | -€826 | -74.0% |
| Profit (loss) for the period | 9904 | €2,614 | -€139 | -€2,753 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,614 | -€139 | -€2,753 |
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 6 October 2026 via checked.be.