KB Design: 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 Design
Largest movements
- Tangible fixed assets +€28,636
up €28,636 (+5.0%), from €569,584 to €598,220
of which Furniture and vehicles: +€54,417
- Cash -€15,622
down €15,622 (-28.6%), from €54,579 to €38,956
mainly Contributions, distributions and other (-€81,234) and Investment in fixed assets (net) (-€72,653)
- Current investments -€13,515
down €13,515 (-35.7%), from €37,840 to €24,324
- Receivables within one year -€12,891
down €12,891 (-87.6%), from €14,721 to €1,830
of which Trade receivables: -€12,116
- Other debts +€61,080
up €61,080 (+28.1%), from €217,013 to €278,093
- Reserves -€49,117
down €49,117 (-100.0%), from €49,117 to €0
- Debts after one year -€28,588
down €28,588 (-7.9%), from €362,078 to €333,491
- Gross operating margin +€27,060
up €27,060 (+38.1%), from €70,960 to €98,020
- Depreciation +€12,839
up €12,839 (+40.9%), from €31,428 to €44,267
- Taxes -€6,202
down €6,202 (-40.4%), from €15,338 to €9,136
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 | €676,973 | €663,330 | -€13,643 | -2.0% |
| Fixed assets | 21/28 | €569,834 | €598,220 | +€28,386 | +5.0% |
| Tangible fixed assets | 22/27 | €569,584 | €598,220 | +€28,636 | +5.0% |
| Land and buildings | 22 | €565,251 | €537,629 | -€27,622 | -4.9% |
| Plant, machinery and equipment | 23 | €617 | €2,458 | +€1,841 | +298.5% |
| Furniture and vehicles | 24 | €3,716 | €58,133 | +€54,417 | +1464.5% |
| Financial fixed assets | 28 | €250 | €0 | -€250 | -100.0% |
| Current assets | 29/58 | €107,139 | €65,110 | -€42,029 | -39.2% |
| Amounts receivable within one year | 40/41 | €14,721 | €1,830 | -€12,891 | -87.6% |
| Trade receivables | 40 | €13,946 | €1,830 | -€12,116 | -86.9% |
| Other amounts receivable | 41 | €775 | €0 | -€775 | -100.0% |
| Current investments | 50/53 | €37,840 | €24,324 | -€13,515 | -35.7% |
| Cash at bank and in hand | 54/58 | €54,579 | €38,956 | -€15,622 | -28.6% |
| Total equity and liabilities | 10/49 | €676,973 | €663,330 | -€13,643 | -2.0% |
| Equity | 10/15 | €67,717 | €18,600 | -€49,117 | -72.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,117 | €0 | -€49,117 | -100.0% |
| Distributable reserves | 133 | €49,117 | €0 | -€49,117 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €609,256 | €644,730 | +€35,474 | +5.8% |
| Amounts payable after more than one year | 17 | €362,078 | €333,491 | -€28,588 | -7.9% |
| Financial debts | 170/4 | €362,078 | €333,491 | -€28,588 | -7.9% |
| Amounts payable within one year | 42/48 | €247,178 | €311,240 | +€64,062 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €28,034 | €28,588 | +€554 | +2.0% |
| Financial debts | 43 | €1,338 | €2,331 | +€992 | +74.2% |
| Credit institutions | 430/8 | €1,338 | €2,331 | +€992 | +74.2% |
| Trade debts | 44 | €792 | €1,002 | +€210 | +26.5% |
| Suppliers | 440/4 | €792 | €1,002 | +€210 | +26.5% |
| Taxes, remuneration and social security | 45 | €0 | €1,227 | +€1,227 | |
| Taxes | 450/3 | €0 | €1,227 | +€1,227 | |
| Other amounts payable | 47/48 | €217,013 | €278,093 | +€61,080 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,428 | €44,267 | +€12,839 | +40.9% |
| Other operating charges | 640/8 | €3,602 | €4,059 | +€457 | +12.7% |
| Non-recurring operating charges | 66A | - | €617 | +€617 | |
| Gross operating margin | 9900 | €70,960 | €98,020 | +€27,060 | +38.1% |
| Operating profit (loss) | 9901 | €35,930 | €49,077 | +€13,147 | +36.6% |
| Financial income | 75/76B | €103 | €12 | -€90 | -87.8% |
| Recurring financial income | 75 | €103 | €12 | -€90 | -87.8% |
| Financial charges | 65/66B | €8,188 | €7,836 | -€352 | -4.3% |
| Recurring financial charges | 65 | €8,188 | €7,836 | -€352 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €27,845 | €41,253 | +€13,408 | +48.2% |
| Income taxes | 67/77 | €15,338 | €9,136 | -€6,202 | -40.4% |
| Profit (loss) for the period | 9904 | €12,507 | €32,117 | +€19,610 | +156.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,507 | €32,117 | +€19,610 | +156.8% |
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 2 October 2026 via checked.be.