KB & BB: 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 & BB
Largest movements
- Tangible fixed assets -€52,791
down €52,791 (-2.6%), from €2.0m to €2.0m
of which Land and buildings: -€52,104
- Debts after one year -€64,431
down €64,431 (-6.8%), from €942,350 to €877,919
of which Other amounts payable: -€60,000
- Gross operating margin -€6,002
down €6,002 (-5.5%), from €109,299 to €103,297
- Depreciation +€1,881
up €1,881 (+3.3%), from €57,334 to €59,215
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 | €2,104,237 | €2,057,419 | -€46,818 | -2.2% |
| Fixed assets | 21/28 | €2,034,785 | €1,981,994 | -€52,791 | -2.6% |
| Tangible fixed assets | 22/27 | €2,034,785 | €1,981,994 | -€52,791 | -2.6% |
| Land and buildings | 22 | €2,030,178 | €1,978,074 | -€52,104 | -2.6% |
| Plant, machinery and equipment | 23 | €4,606 | €3,920 | -€687 | -14.9% |
| Current assets | 29/58 | €69,452 | €75,425 | +€5,973 | +8.6% |
| Amounts receivable within one year | 40/41 | €39 | €26 | -€13 | -32.8% |
| Other amounts receivable | 41 | €39 | €26 | -€13 | -32.8% |
| Current investments | 50/53 | €53,958 | €53,958 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,762 | €19,586 | +€5,824 | +42.3% |
| Deferred charges and accrued income | 490/1 | €1,694 | €1,855 | +€162 | +9.5% |
| Total equity and liabilities | 10/49 | €2,104,237 | €2,057,419 | -€46,818 | -2.2% |
| Equity | 10/15 | €1,130,987 | €1,147,989 | +€17,002 | +1.5% |
| Contributions | 10/11 | €1,041,949 | €1,041,949 | = | 0.0% |
| Reserves | 13 | €89,038 | €106,040 | +€17,002 | +19.1% |
| Distributable reserves | 133 | €89,038 | €106,040 | +€17,002 | +19.1% |
| Amounts payable | 17/49 | €973,249 | €909,430 | -€63,820 | -6.6% |
| Amounts payable after more than one year | 17 | €942,350 | €877,919 | -€64,431 | -6.8% |
| Financial debts | 170/4 | €42,350 | €37,919 | -€4,431 | -10.5% |
| Other amounts payable | 178/9 | €900,000 | €840,000 | -€60,000 | -6.7% |
| Amounts payable within one year | 42/48 | €30,900 | €31,511 | +€611 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €4,247 | €4,431 | +€184 | +4.3% |
| Advances received on contracts in progress | 46 | €3,324 | €4,020 | +€696 | +20.9% |
| Other amounts payable | 47/48 | €23,329 | €23,060 | -€269 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,334 | €59,215 | +€1,881 | +3.3% |
| Other operating charges | 640/8 | €8,000 | €8,288 | +€288 | +3.6% |
| Gross operating margin | 9900 | €109,299 | €103,297 | -€6,002 | -5.5% |
| Operating profit (loss) | 9901 | €43,964 | €35,794 | -€8,171 | -18.6% |
| Financial income | 75/76B | €48 | €39 | -€8 | -17.7% |
| Recurring financial income | 75 | €48 | €39 | -€8 | -17.7% |
| Financial charges | 65/66B | €19,282 | €18,831 | -€451 | -2.3% |
| Recurring financial charges | 65 | €19,282 | €18,831 | -€451 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €24,730 | €17,002 | -€7,728 | -31.2% |
| Profit (loss) for the period | 9904 | €24,730 | €17,002 | -€7,728 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,730 | €17,002 | -€7,728 | -31.2% |
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 7 October 2026 via checked.be.