KB ADVICE: 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 ADVICE
Largest movements
- Cash -€9,782
down €9,782 (-18.5%), from €52,792 to €43,010
mainly Contributions, distributions and other (-€22,465) and Investment in fixed assets (net) (-€9,242)
- Receivables within one year +€5,400
up €5,400 (+28.2%), from €19,144 to €24,543
of which Trade receivables: +€5,182
- Tangible fixed assets +€4,839
up €4,839 (+101.1%), from €4,784 to €9,623
of which Plant, machinery and equipment: +€7,589
- Financial fixed assets +€1,050
up €1,050 (+89.7%), from €1,170 to €2,220
- Deferred charges and accrued income -€863
down €863 (-25.1%), from €3,436 to €2,573
- Tax, wage and social debts +€8,270
up €8,270 (+538.8%), from €1,535 to €9,805
of which Taxes: +€7,770
- Other debts -€4,839
down €4,839 (-17.4%), from €27,823 to €22,984
- Trade debts -€2,371
down €2,371 (-22.4%), from €10,604 to €8,233
- Gross operating margin -€4,987
down €4,987 (-11.1%), from €44,926 to €39,940
- Other operating charges -€2,304
down €2,304 (-56.9%), from €4,049 to €1,745
- Taxes -€1,567
down €1,567 (-14.4%), from €10,849 to €9,282
- Financial charges +€883
up €883 (+39.9%), from €2,212 to €3,095
- Financial income -€680
down €680 (-100.0%), from €680 to €0
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 | €81,566 | €82,450 | +€884 | +1.1% |
| Fixed assets | 21/28 | €5,954 | €11,843 | +€5,889 | +98.9% |
| Tangible fixed assets | 22/27 | €4,784 | €9,623 | +€4,839 | +101.1% |
| Plant, machinery and equipment | 23 | €0 | €7,589 | +€7,589 | |
| Furniture and vehicles | 24 | €4,784 | €2,034 | -€2,750 | -57.5% |
| Financial fixed assets | 28 | €1,170 | €2,220 | +€1,050 | +89.7% |
| Current assets | 29/58 | €75,611 | €70,606 | -€5,005 | -6.6% |
| Stocks and contracts in progress | 3 | €240 | €480 | +€240 | +100.0% |
| Stocks | 30/36 | €240 | €480 | +€240 | +100.0% |
| Amounts receivable within one year | 40/41 | €19,144 | €24,543 | +€5,400 | +28.2% |
| Trade receivables | 40 | €17,289 | €22,471 | +€5,182 | +30.0% |
| Other amounts receivable | 41 | €1,855 | €2,072 | +€218 | +11.7% |
| Cash at bank and in hand | 54/58 | €52,792 | €43,010 | -€9,782 | -18.5% |
| Deferred charges and accrued income | 490/1 | €3,436 | €2,573 | -€863 | -25.1% |
| Total equity and liabilities | 10/49 | €81,566 | €82,450 | +€884 | +1.1% |
| Equity | 10/15 | €20,000 | €20,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €61,566 | €62,450 | +€884 | +1.4% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,962 | €41,022 | +€1,061 | +2.7% |
| Trade debts | 44 | €10,604 | €8,233 | -€2,371 | -22.4% |
| Suppliers | 440/4 | €10,604 | €8,233 | -€2,371 | -22.4% |
| Taxes, remuneration and social security | 45 | €1,535 | €9,805 | +€8,270 | +538.8% |
| Taxes | 450/3 | €1,535 | €9,305 | +€7,770 | +506.2% |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | €27,823 | €22,984 | -€4,839 | -17.4% |
| Accrued charges and deferred income | 492/3 | €1,604 | €1,427 | -€177 | -11.0% |
| Non-recurring operating income | 76A | - | €12,933 | +€12,933 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,750 | €3,352 | +€602 | +21.9% |
| Other operating charges | 640/8 | €4,049 | €1,745 | -€2,304 | -56.9% |
| Gross operating margin | 9900 | €44,926 | €39,940 | -€4,987 | -11.1% |
| Operating profit (loss) | 9901 | €38,127 | €34,842 | -€3,285 | -8.6% |
| Financial income | 75/76B | €680 | €0 | -€680 | -100.0% |
| Recurring financial income | 75 | €680 | €0 | -€680 | -100.0% |
| Financial charges | 65/66B | €2,212 | €3,095 | +€883 | +39.9% |
| Recurring financial charges | 65 | €2,212 | €3,095 | +€883 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €36,596 | €31,747 | -€4,848 | -13.2% |
| Income taxes | 67/77 | €10,849 | €9,282 | -€1,567 | -14.4% |
| Profit (loss) for the period | 9904 | €25,747 | €22,465 | -€3,282 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,747 | €22,465 | -€3,282 | -12.7% |
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 1 October 2026 via checked.be.